Veteran trader Peter Brandt warns that Solana's native token SOL may face a major breakdown after forming a 14-week rectangle pattern on its weekly chart, signaling a possible 50% price drop to around $43.70. This pattern could confirm a larger head-and-shoulders formation indicating a bearish trend. SOL has struggled to maintain bullish momentum, underperforming the broader crypto market by about 12% in 2026 amid declining interest in decentralized applications. Currently trading near $86.64, if SOL breaks below the rectangle support, the bearish scenario could materialize, posing significant risks for investors.
Solana's spot ETFs in the U.S. have exceeded $1 billion in assets under management within seven months, signaling strong institutional interest with nearly half of the holdings by institutional accounts. This shift marks Solana's transition from a re...
Jump Crypto's Firedancer validator client has begun producing blocks on Solana's mainnet, marking a key step toward improving the blockchain's resilience by diversifying its software implementations. This move aims to reduce the network's reliance on...
Solana (SOL) is trading near a critical technical zone around $85 to $100, with analysts divided on its next move. One outlook suggests a breakout above $98.80 could lead to a significant rally toward $262-$297 and potentially up to $1,000, supported...
Bitcoin remained near $78,400 as traders reacted to Iran's counterconditions to a US peace deal proposal and ongoing Middle East conflict risks. Iran demands lifting US sanctions, release of frozen funds, compensation for war damages, and control ove...
Cardano founder Charles Hoskinson warned that quantum computing poses a significant threat to cryptocurrency security, with over a 50% chance of impact before 2033. He explained that current cryptographic methods used by Bitcoin, Ethereum, and others...
