Solana (SOL) has remained below the $100 mark for 88 consecutive days, marking its longest period under this level since 2020. Despite some price bounces, SOL has failed to break above $100, which now acts as a strong resistance. Meanwhile, the SOL/BTC chart indicates that Solana continues to lose strength relative to Bitcoin, trading within a downtrend and possibly heading towards lower support levels. A clear break above the resistance curve is needed to signal a reversal, but for now, Solana remains weak both in dollar terms and against Bitcoin, suggesting cautious momentum ahead.
On May 26, XRP exchange-traded funds (ETFs) recorded net inflows of $1.55 million, continuing a 27-day streak of institutional accumulation despite broad market sell-offs affecting Bitcoin and Ethereum ETFs. While Bitcoin and Ethereum ETFs saw signif...
Solana's price remains stuck below $100 despite record-breaking network activity and a surge in stablecoin transactions, highlighting a disconnect between strong fundamentals and price performance. The token has traded in a tight $80-$90 range for mo...
Pump.fun, originally a Solana-based memecoin launchpad, now supports trading across multiple EVM-compatible chains like Ethereum, Base, and BNB Chain using SOL as the universal currency. Users can trade without managing gas tokens or bridging assets,...
Pump.fun has expanded its trading platform to support multiple EVM-compatible blockchains including Ethereum, Base, and BNB Chain, allowing users to trade across these networks using SOL as the settlement currency. This eliminates the need for bridgi...
The Solana ecosystem is experiencing strong growth driven by the Bitwise Solana Staking ETF, which has attracted nearly $1 billion in cumulative net inflows. This institutional demand is boosting liquidity across Solana protocols, increasing total va...
