Solana's trading volume soared over 3200% in Q2, reaching $67 billion, driven by diverse use cases like memecoins and staking. Despite this strong on-chain growth, Solana's price has lagged, and ETF flows show early signs of weakness with $5.8 million outflows in June. A recent $15 million short position may be a strategic bet on a liquidity-driven pullback, possibly signaling a bull trap amid broader market risks. If momentum drops and leveraged longs unwind, Solana's price could retest $40, highlighting caution for investors.
Bitcoin and Ethereum experienced net inflows of approximately $216 million and $77 million respectively, indicating strong investor interest. In contrast, USD Coin (USDC) saw a significant net outflow of about $236 million, the largest among stableco...
Bitcoin surged past $66,000 following news that the US Clarity Act, which aims to clarify cryptocurrency regulations, is closer to becoming law. The legislation would distinguish cryptocurrencies as commodities or securities, providing clearer rules ...
Finbold AI Agent predicts Solana (SOL) price could reach $78.48 by August 1, 2026, indicating a modest 0.31% increase. This forecast is based on technical indicators like MACD and RSI, and insights from multiple AI models, with some predicting a shor...
Helium and GEODNET, two key DePIN protocols on Solana, continue to generate high fees despite a general slowdown in the decentralized physical infrastructure network sector. Their sustained activity highlights strong demand for decentralized wireless...
The crypto market has recovered, with total capitalization rising above $2.2 trillion and Bitcoin surpassing $65,000. This rebound is driven by easing inflation concerns, especially cooling crude oil prices, which reduce pressure on the Federal Reser...
