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.
The cryptocurrency market experienced a broad decline on Thursday morning, with total market capitalization falling 4.59% to $2.75 trillion. Bitcoin dropped 2.49% to $81,712, while other major coins like Ether, XRP, Solana, Dogecoin, and BNB also saw...
Solana Company has established its Asia-Pacific executive hub in Hong Kong and plans to expand its validator operations there. This move is part of a broader infrastructure program covering four major cities: Seoul, Tokyo, Singapore, and Hong Kong, a...
On October 22, Bitcoin dropped 3.61% to $81,394.33, while altcoins like Ether, XRP, and Solana fell even more sharply. Token group indexes such as Memecoin, Computing Select, and DeFi Select also saw larger declines. Despite these price drops, U.S. s...
On October 22, Bitcoin's perpetual-futures open interest fell by 5.82%, the largest decline among five major cryptocurrencies including Ether, Solana, XRP, and Dogecoin. Bitcoin's open interest stood at $7.62 billion with a negative funding rate, ind...
Solana's futures market on OKX saw $12.9 million in open interest vanish within 24 hours as the price fell 4.49% to $103.61 on October 22, 2026. Despite the drop, the ratio of long to short accounts rose from 2.24 to 2.57, indicating traders are hold...
