Solana (SOL) is trading around $82 after losing key daily support, caught between a $80 support level and a heavy resistance zone at $87-$88. Analysts highlight that this upper range hosts many leveraged short positions, which could trigger volatility if SOL breaks above it due to potential short liquidations. Holding above $80 is crucial for maintaining the current recovery, while a drop below could push prices toward lower support near $78-$79. The next moves depend on whether buyers can overcome the short sellers clustered at $87-$88.
In May, open interest in Solana (SOL) futures contracts fell sharply by 30%, from $2.75 billion to $1.90 billion, reflecting reduced leveraged trading amid increased market caution. Despite this, SOL spot ETF inflows hit a 2026 high of $113 million, ...
Bitcoin hovered around $73,000 despite a 6% weekly drop, as institutional investors focus on upcoming US cryptocurrency regulations rather than positive global market trends. Other major cryptocurrencies like Ethereum, Solana, XRP, and Dogecoin also ...
Bitcoin and major cryptocurrencies fell 5-7% over the past week even as global stock indexes hit record highs and oil prices dropped due to a tentative US-Iran ceasefire extension. The ceasefire news pressured oil but failed to boost crypto, as insti...
DeFi's total value locked (TVL) fell 2.3% to $80.13 billion, driven by significant weekly drops on Bitcoin (-5.73%) and Solana (-4.38%) networks. Despite steady daily active addresses, especially on Tron and BSC, the decline highlights cautious inves...
SPX6900, a token designed to mimic the S&P 500, has seen its market cap fall from $2 billion to $300 million, an 86% drop. In the last 24 hours, it lost about 10% of its value as both large holders, including whales and public figures, and retail inv...
