Solana (SOL) has broken out of a falling wedge pattern and is holding short-term support around $74-$76, suggesting a potential rally toward $79-$81. However, long-term charts warn that unless SOL reclaims $170, any rally may be a temporary exit opportunity before a deeper decline. Analysts highlight risks from heavy token supply and concentrated ownership that could limit sustained gains. If SOL fails to hold $60-$70, it could drop further toward $40 or even $20-$30. A confirmed breakout above $170 would change the outlook to a more sustained bull market.
Solana (SOL) dropped 6% to $74.8 after Bitcoin fell below $63,000, testing key support at its 50-day moving average. Morgan Stanley recently enabled spot trading for SOL on its E*TRADE platform, potentially boosting demand as other banks only support...
Ethereum options traders are heavily hedging against downside risk as expiry approaches, with a put/call ratio of 1.71 indicating bearish sentiment. In contrast, Solana shows a bullish skew with a low put/call ratio of 0.34, suggesting optimism among...
Solana has drawn over $900 million in net inflows for tokenized real-world assets in the past 30 days, leading major blockchain platforms. This surge highlights Solana's growing role in integrating DeFi, stablecoins, and payment systems on its Layer ...
Solana has attracted over $900 million in real-world asset inflows in the past 30 days, surpassing other blockchain platforms and highlighting strong demand for tokenized assets on its network. Despite this momentum, Solana faces resistance at the $7...
Solana Foundation and Google Cloud are co-hosting a hackathon in Korea focused on building AI agents capable of making autonomous payments using stablecoins on the Solana blockchain. This event builds on their recent launch of Pay.sh, an API proxy th...
