Solana (SOL) has been consolidating around $100-$105 but shows a bullish trend after breaking the $98.41 resistance, signaling a shift from a downtrend to an uptrend. The $100 support level has held firm, suggesting potential for a move toward the $120 target, with $107 as the next key resistance to overcome. This bullish momentum aligns with positive market reactions ahead of the U.S. CPI report and significant short liquidations in crypto markets. Traders should watch for a breakout above $107 to confirm the uptrend continuation or a drop below $94.95 as a bearish warning.
Solana's stablecoin supply on its blockchain fell from $17.45 billion on September 25 to $15.96 billion on October 17, reducing the liquidity available for trading SOL and increasing price volatility. Concurrently, US spot ETFs on Solana have seen te...
On October 17, Solana (SOL) experienced the largest decline in open interest among major cryptocurrencies, falling 4.25% to $929.5 million. Bitcoin's open interest also decreased by 0.69% to $7.68 billion. Both Solana and Bitcoin had the highest fund...
Solana (SOL) traded around $105, fluctuating between $102.63 and $107.07 in the past 24 hours. An October forecast targets $110 within a range of $97.59 to $119.90, while a 2026 outlook suggests a strong bullish trend if SOL breaks above $120-$125, p...
Bitcoin recorded the highest funding rate among five major cryptocurrencies at 0.0100% every eight hours, equivalent to 10.9% annualized, indicating that traders holding long positions pay those with short positions. Its open interest decreased sligh...
Solana has averaged over 1,400 transactions per second this year, far surpassing competitors like BNB Chain. The upcoming Alpenglow upgrade is expected to reduce transaction finality from 13 seconds to just 150 milliseconds, significantly speeding up...
