Solana's token price has fallen sharply from a peak of around $295 to the $69-$74 support zone, losing more than 75% of its gains. This decline has also caused Solana's market capitalization to shrink significantly to about $42.8 billion from over $120 billion. The $69-$74 area is now a critical support level, and a sustained hold here could indicate the formation of a bottom. However, a break below $69 risks further declines toward $60, while recovery above $80-$85 and $90-$100 would signal improving momentum. The market cap range between $40 billion and $50 billion is key to watch for signs of stabilization or continued weakness.
Bitcoin briefly fell to about $76,050 following the release of the US inflation report, which showed a 0.4% increase in the Consumer Price Index for August and a core inflation rise of 0.3%, slightly above expectations. Despite this, Bitcoin quickly ...
Solana (SOL) fell below its $100 support level to a low of $98 before a slight rebound, trading around $99.90 with a 1.8% daily loss. The drop triggered over $10 million in long liquidations, signaling panic selling and reduced participation in Solan...
SUI cryptocurrency price is currently testing a key support level between $0.71 and $0.73 after falling 1.40%, underperforming compared to Ethereum and Solana. Analysts highlight that if buyers defend this floor, SUI could rebound to $0.84–$0.85, but...
Solana (SOL) has been consolidating around $100-$105 but shows a bullish trend after breaking the $98.41 resistance, signaling a shift from a downtrend to an uptrend. The $100 support level has held firm, suggesting potential for a move toward the $1...
OpenSea has reintroduced support for Solana NFTs on its OS2 platform, fully enabling buying, selling, and bidding as of early September. This marks Solana as the first non-Ethereum blockchain with full NFT trading on OpenSea, positioning Solana colle...
