Solana's price is steady near $103 after recovering above the key $98 level, suggesting a near-term recovery despite an ongoing broader correction. Technical analysis indicates $110 as the next major resistance to watch, with a potential breakout targeting the $146-$152 zone. The current price action fits a corrective Elliott Wave pattern, implying that while a rebound is underway, the overall correction may not be complete. Holding above $98 and avoiding a drop below $90 are critical for maintaining bullish momentum and the possibility of further gains.
Tokenized stock trading volume reached nearly $3 billion weekly in August, driven by Robinhood Chain, BNB Chain, and Solana, which dominate blockchain-based equity trading. This growth highlights the rapid expansion of markets allowing investors to t...
Open interest in altcoin futures for ZEC, BNB, ARB, XRP, and SOL has surged, with ZEC reaching a record $2.4 billion amid a price rally past $1,000 that liquidated $34 million in shorts. This rise reflects aggressive speculative leverage rather than ...
A public dispute between Offchain Labs and Solana co-founders highlights differing views on Robinhood Chain's fee model. Robinhood Chain, built on Arbitrum Orbit, charges around $0.40 per transaction during congestion, generating significant daily fe...
Solana's price remains bullish, trading near $103.25 with buyers defending support between $90.50 and $100.48. The network processed about five billion transactions in August and generated $42.28 million in weekly application revenue, highlighting st...
Tokenized equity trading volume reached nearly $3 billion weekly in August, driven mainly by Robinhood Chain, BNB Chain, and Solana. Despite this growth, only about 5% of tokenized stocks are used in onchain financial applications, with total value l...
