A crypto whale has taken a significant bearish position against Solana (SOL) by shorting 554,680 SOL worth $38.15 million with 20x leverage. This move comes as Solana's price fell nearly 8% amid a broader crypto market decline and ongoing selloff, which has seen over $665 million in liquidations. Despite recent positive developments for Solana, including partnerships with major payment platforms and asset managers, the price has struggled to break resistance near $75. Investors are cautious ahead of key inflation data expected later this week, which may further impact market sentiment.
Solana, known for its speed and low fees, has lacked privacy features, limiting its appeal for businesses needing confidentiality. Projects like Arcium are introducing encrypted computing on Solana, allowing private transactions and data while mainta...
A sharp sell-off in the cryptocurrency market caused over $700 million in liquidations, with Bitcoin falling below $62,000 and wiping out recent gains. Long positions accounted for 80% of the losses, hitting Bitcoin and Ethereum hardest with combined...
Ethereum's price fell more than 3% in 24 hours to around $1,686, pressured by continued ETF outflows totaling over $66 million and declining derivatives activity. Despite the launch of Ethlabs backed by key ecosystem players, market sentiment remains...
Solana (SOL) is showing bearish technical signals with a double-top pattern near $75 and a bear flag breakdown, both pointing to a potential price decline to around $60. The key support level to watch is $68; a close below this would confirm the bear...
Solana (SOL) is forecasted to reach around $485 by 2031 based on a probability-weighted analysis of three scenarios. The moderate scenario, with a 50% chance, expects SOL prices between $350 and $500 if Solana maintains its role as a leading blockcha...
