Solana (SOL) is currently trading near $74, holding above a critical support zone between $64 and $68, but it remains below a descending resistance line, keeping the broader trend bearish. A sustained breakout above this resistance could lead to a corrective rally toward the $82-$94 range. However, if SOL falls below the $64-$68 support zone, it risks further declines. Despite network upgrades promising faster performance and better economics, the price chart has yet to confirm a bullish reversal, and the downtrend remains intact until SOL breaks above key resistance and establishes higher highs.
Financial analysts highlight five cryptocurrencies as core components for a balanced long-term investment portfolio. Bitcoin serves as a stable foundation due to its limited supply and institutional acceptance. Ethereum leads in smart contract and De...
South Korea's Upbit exchange will delist the Bonk (BONK) meme coin on September 7, ending its KRW and USDT trading pairs. This decision follows a security incident and failure by BONK's operators to disclose key information, leading Upbit to conclude...
Solana (SOL) traded near $72.91, down 1.47% in 24 hours, facing resistance around $73.35 and key breakout level at $76. Governance proposals SGP-0002 and SGP-0003, which aim to reduce token supply growth, are in final discussion until August 22. Mean...
U.S.-listed altcoin ETFs showed mixed investor flows on August 6, with XRP and Hyperliquid ETFs attracting net inflows while Solana ETFs experienced outflows. XRP ETFs gained $3.45 million, primarily in Franklin’s XRPZ and Bitwise’s spot XRP ETF, ind...
Solana (SOL) has fallen 10% over the past month, breaking key trend line support and trading below its 100-day and 200-day moving averages, signaling bearish momentum. Despite this price weakness, Solana's blockchain fundamentals remain strong, with ...
