Solana (SOL) is showing early signs of a broader recovery as weekly bullish RSI divergence suggests a potential accumulation bottom. On the daily chart, SOL has broken above a descending resistance line with improving MACD momentum, focusing attention on $80 and $85 as next resistance levels, provided buyers defend the key $75 support. The weekly RSI divergence indicates weakening bearish momentum, but confirmation requires SOL to sustain gains and break above the consolidation range near $90 to $100. A drop below the mid-$60s would invalidate the bullish setup. For now, holding above $75 is crucial to maintain the path toward higher resistance and a possible trend reversal.
Solana is expanding its ecosystem to become a one-stop platform for trading stocks, real-world assets, and crypto, likened to the 'Netflix or Amazon of finance.' Its real-world asset sector recently hit a $3.9 billion valuation, covering over 2,600 a...
Morgan Stanley increased its holdings in BlackRock's spot Bitcoin ETF by 23% to about 16.5 million shares during Q2, despite Bitcoin's price decline lowering the position's value to $549 million. The bank also expanded its exposure to Ether and Solan...
Solana (SOL) is stabilizing near $76, testing a key resistance zone between $80 and $85 that it must reclaim to confirm a stronger recovery. Analysts highlight layered support levels at $76.69, $67.06, and $53.33, with potential for a rebound if Bitc...
Solana is trading near $75.88, defending a crucial support zone that could lead to a rise toward $80 if resistance is broken. Meanwhile, the crypto exchange Bullish has launched tokenized stock trading on the Solana network, completing its first regu...
Bitwise Asset Management and Superstate have partnered to explore tokenized shares for selected Bitwise funds, starting with the Solana staking ETF (BSOL). This model would allow investors to hold ETF shares recorded either traditionally or on a bloc...
