Solana (SOL) is demonstrating strength against both the U.S. dollar and Bitcoin, with bullish setups emerging on multiple timeframes. The price is currently testing a critical support zone around $74–$76, which includes the 200-period exponential moving average and a previous breakout level. Holding this support could lead to a move toward $94. Additionally, the SOL/BTC pair is testing a long-term support zone that may signal a bottom and potential outperformance against Bitcoin if it breaks above key resistance levels. However, these bullish scenarios depend on maintaining support levels and gaining renewed buying momentum; falling below these supports could lead to further declines. Investors should watch for confirmation of these technical signals before expecting sustained gains.
Bitcoin traded slightly lower at around $65,716 while Ethereum and major altcoins posted modest gains, indicating a rotation of capital rather than broad market enthusiasm. Ethereum rose 0.42% to $1,924, outperforming Bitcoin which dipped 0.30%. Mark...
The staking market saw mixed performance this week as Hyperliquid's staked market cap fell sharply by 12.59%, contrasting with stable gains in Ethereum (+0.77%) and Solana (+0.73%). Despite strong staking participation in networks like Bittensor and ...
The total value of tokenized equity on the Solana blockchain has surpassed $500 million, marking a new all-time high. This milestone reflects increasing adoption and investment in Solana's ecosystem, particularly in tokenized assets and real-world as...
Decentralized exchanges (DEXs) saw a surge in activity with daily volume reaching $17.04 billion and 35.19 million transactions, driven largely by Solana-based memecoins. Tokens like Jimothy the Raccoon, Bear on Pol, and The GameStop Bull led trading...
Morgan Stanley has filed the final paperwork with the SEC to list its Solana and Ethereum staking ETFs on the NYSE Arca. These ETFs will hold the actual cryptocurrencies and offer investors staking rewards, with 95% of those rewards passed to shareho...
