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.
Tokenized U.S. Treasuries have grown to $15.2 billion across multiple blockchains, with Ethereum holding the largest share at $6.6 billion or 43% of the market. Despite rising competition from chains like BNB, Stellar, Solana, and Avalanche, Ethereum...
Major cryptocurrencies saw price declines, with Bitcoin dropping 2.1% to $63,925 and Ethereum falling 2.8% to $1,873.93. Other notable coins like Binance Coin and Solana also declined, reflecting a broad market pullback. Stablecoins remained steady n...
Solana's blockchain network has operated without a single network-wide outage for 30 consecutive months, marking a significant turnaround from its previous reputation for frequent outages. This reliability is attributed to major protocol upgrades, in...
Solana's price surged nearly 7% from $72.49 to $77.36, breaking out of a five-week descending channel driven by proposals to reduce future supply and growing institutional adoption. Key proposals aim to double the inflation decline rate and increase ...
Solana (SOL) is attempting to break out of a month-long consolidation with $77 as the key confirmation level. If SOL sustains above this level and later clears the $90-$100 range, it could trigger a longer-term bullish move toward $176 and $210, base...
