Solana (SOL) is currently trading within a tightening range between two trendlines, with $68.02 identified as a critical support level to maintain its bullish outlook. A breakout above this range could push SOL toward $98 initially, with further resistance levels at $110.54, $120.47, and $126.95. On a longer-term scale, analysts see potential for SOL to break out of its consolidation phase and target $1,000, but this requires confirmation by surpassing the upper boundary of its current range. If SOL falls below $68.02, the bullish scenario would weaken, leaving the price in a decision phase between buyers and sellers.
Two competing proposals, SIMD-547 and SIMD-0411, are under active debate to improve Solana's tokenomics. SIMD-547 suggests a resource-based fee that could increase daily SOL burn by 16 to 100 times, potentially making SOL deflationary during high usa...
Hyperliquid (HYPE) reached a new high of $70.36 driven by strong buying from major investors and institutional interest, including a $3.12 million purchase by a large wallet. Former BitMEX CEO Arthur Hayes predicts HYPE will surpass Solana's market c...
Solana (SOL) hovered around $80 after Goldman Sachs fully exited its Solana-related ETF exposure, signaling reduced institutional demand. Large token sales by a major meme-coin platform added selling pressure, contributing to a weakening price moment...
A prominent Ethereum developer attributes Ether's 65% decline against Bitcoin since the 2022 Merge to strategic errors by the Ethereum Foundation, including slow product execution and missed opportunities. Criticisms include Ethereum's focus on envir...
Arthur Hayes, co-founder of BitMEX, predicts that Hyperliquid (HYPE) will surpass Solana (SOL) in market capitalization before the current cryptocurrency bull market ends. Despite Solana's market cap of about $47.7 billion compared to Hyperliquid's $...
