Solana (SOL) has fallen below a critical rising channel support and is testing a key intraday floor near $67.48, signaling increased selling pressure. Analysts suggest the next major support zone lies between $62 and $43, based on Fibonacci retracement levels and Elliott Wave analysis, indicating the correction from recent highs may continue. While a minor rebound is possible, the overall trend remains bearish unless SOL can reclaim the broken trendline. A break below $67.48 could accelerate the decline toward the lower support range, highlighting caution for investors.
Major cryptocurrencies experienced significant price declines, with Bitcoin falling 4.25% to $60,761 and Ethereum dropping 9.86% to $1,592. Other notable losses include Binance Coin down 4.74% and Cardano plunging nearly 15%. This broad sell-off refl...
Solana Mobile introduced dApp Spotlight, a curated discovery feature in the Solana dApp Store, starting with an 'Onchain Games & Puzzles' theme to showcase selected blockchain-based apps for Seeker device users. This feature aims to help users find q...
Bitcoin briefly fell to $59,825, its lowest since October 2024, following stronger-than-expected US labor market data. The robust job growth and steady unemployment rate boosted the US dollar, causing a selloff in cryptocurrencies and other risk asse...
Over $615 million in long liquidations, mainly in Bitcoin and Ethereum, caused a rapid crypto market sell-off within four hours, signaling a shift from bullish to cautious trading. Bitcoin fell 3.35% to $61,844, Ethereum dropped 7.46% to $1,654, and ...
SBI VC Trade, a subsidiary of SBI Holdings backed by Ripple, will manage the trading, custody, and treasury operations of Solana (SOL) assets for Tokyo-listed company WIZE. This partnership follows WIZE's launch of its Solana Treasury Business in 202...
