Solana's price rose 5.89% last week but remains in a long-term downtrend, down 57% over the past year with a low of $60.13 in June. Analyst Ali Martinez sees potential for a rally to $100 if Solana breaks above the $78.7 resistance, supported by technical buy signals like the TD Sequential and MACD golden cross. However, volume indicators such as OBV and Accumulation/Distribution suggest sellers still dominate, keeping some traders cautious. Meanwhile, Solana's Resource and Inclusion Fee proposal, which would significantly increase the daily SOL burn rate, passed its first vote and awaits final approval, potentially impacting Solana's fee structure.
Solana's price is testing a crucial resistance level around $77, where it previously faced rejection. If it fails to break through, a pullback to the $59 support zone could follow. Meanwhile, Solana's network transaction activity has surged to a reco...
Solana ETFs recorded their biggest daily inflow since May, with $8.8 million entering the funds, signaling renewed institutional interest despite stable prices around $75. This surge follows weeks of muted ETF flows and coincides with significant mil...
Solana stakers will vote from August 23 to 29 on proposals to remove nearly 18.9 million SOL from future issuance, equivalent to about $1.39 billion in supply that won't be minted. The vote aims to accelerate the timeline to Solana's 1.5% inflation f...
Solana's price recently broke out of its month-long downtrend, surging above $75 before facing resistance near $78. The key support zone around $72, aligned with the 50% Fibonacci retracement, is crucial for bulls to defend to maintain upward momentu...
Solana-based DeFi platform Jupiter has launched Lend v2, an upgrade allowing borrowed assets to be used as decentralized exchange (DEX) liquidity, generating trading fees that can offset borrowing costs. The upgrade introduces Smart Collateral and Sm...
