Solana (SOL) dropped 4.5% to $88.2 after failing to hold the $90 support level, with analysts warning of a possible major crash due to a bearish flag pattern. The decline is driven by bearish sentiment in derivatives markets, including significant futures outflows and liquidations. However, spot ETFs continue to see inflows, suggesting some buying interest that could prevent a deeper fall. If spot demand holds, SOL might stabilize around $85 before rebounding to $93, but bearish indicators warn of a potential drop as low as $40 to $45 in a worst-case scenario.
Morgan Stanley's Denny Galindo highlights that Solana (SOL) has historically been a better diversifier in crypto portfolios than Ether (ETH), despite SOL's higher volatility. Bitcoin remains a low-correlation asset with traditional markets, but addin...
Solana is currently defending a crucial support level around $75.20, which could confirm a false breakdown and lead to a recovery targeting $98 and potentially $120. However, buyers must reclaim the $82-$94 resistance zone to confirm a stronger upwar...
Solana (SOL) has surged about 30% from its June low of $60, currently trading around $77–$78. The token benefits from a strategic partnership with SBI Holdings to build on-chain financial infrastructure in Japan, boosting institutional confidence. So...
The U.S. Treasury's OFAC sanctioned multiple cryptocurrency addresses tied to Cuban entities, marking an extension of sanctions into major blockchain networks like Bitcoin, Ethereum, and Solana. Concurrently, Tether froze $131 million in USDT on the ...
Bitcoin surged nearly 3.6% to around $64,800 after U.S. inflation data showed a bigger-than-expected slowdown in June, with headline inflation dropping to 3.5% and core inflation easing to 2.6%. This cooling inflation sharply reduced market expectati...
