Solana (SOL) is trading near $75, maintaining support above the crucial $60-$62 zone after a significant decline from its $253 peak. The recent Alpenglow upgrade, which drastically reduces transaction finality times, has been approved by over 98% of stakers and adds a fundamental catalyst for potential recovery. However, technical analysis shows SOL remains in a corrective phase with strong resistance between $82 and $94, meaning a confirmed bullish reversal requires a sustained breakout above $80. Holding the $60-$62 support is critical to avoid renewed downside risks, while breaking above $80-$82 would signal stronger recovery momentum.
Solana's futures trading volume has surged over 100% on major exchanges like Binance and OKX, yet its price remains steady near $75.30. This disconnect suggests increased speculative activity without strong buying demand, while a high ratio of long p...
Bitcoin stabilized above $63,000, gaining 0.8% amid a rebound in U.S. equities, with Nasdaq futures hitting a high since early July. However, U.S. spot Bitcoin ETFs saw $390 million in net outflows last week, marking the largest withdrawal in six wee...
Solana (SOL) saw its futures trading volume more than double across major exchanges, including Binance and OKX, yet its price remained nearly unchanged around $75.30. This surge in trading activity, combined with a strong long bias in positions, sugg...
Michael Egorov, founder of Curve Finance, harshly criticized Solana's Pump.fun platform, calling it a "casino of scams" due to its memecoin culture. He also pointed out that Phantom wallet's hardware wallet integration is inferior to Ethereum's Metam...
Solana (SOL) is trading near $75, maintaining a crucial support level amid sideways movement after a sharp sell-off. A breakout above $81 could trigger gains toward $276, signaling a bullish trend. Solana dominates the tokenized stock market in DeFi ...
