Solana (SOL) has risen 5.89% in the past week but remains in a long-term downtrend with a 57% drop over the past year. Technical indicators like the TD Sequential buy signal and MACD golden cross suggest a potential rally to $100 if SOL breaks above the $78.7 resistance level. Meanwhile, a proposal to increase the daily SOL burn rate by 14 times is progressing, which could further impact price dynamics. However, volume indicators still show seller dominance, so cautious investors may wait for confirmation before betting on a sustained uptrend.
ZetaChain token holders approved Proposal 68 with 99.4% support to discontinue ZetaChain's Layer 1 blockchain and migrate the ZETA token to Solana as an SPL token on a 1:1 basis. This move aims to leverage Solana's faster transactions, lower fees, an...
ZetaChain token holders voted overwhelmingly (99.4%) to shut down the project's independent Layer 1 blockchain and migrate ZETA tokens to Solana as native SPL tokens. The migration will convert tokens on a 1:1 basis, with a change in decimal precisio...
Russia's Moscow Exchange (MOEX) will launch perpetual futures contracts for XRP alongside Bitcoin, Ethereum, Solana, and TRON on September 22. These contracts, quoted in USD but settled in Russian rubles, allow qualified investors to gain price expos...
Solana (SOL) is showing strong momentum in October, leading large-cap altcoins with a 9% weekly gain and breaking key resistance levels. Its relative demand is increasing compared to Ethereum and Bitcoin, supported by fresh institutional inflows into...
Solana's price surged over 10% to a seven-month high above $110, driven by increased institutional and retail demand. Derivatives open interest jumped 18%, signaling new leveraged positions, while the Bitwise Solana Staking ETF crossed $1.1 billion i...
