Solana (SOL) is approaching a 'mini golden cross,' a bullish technical indicator where short-term moving averages converge, for the first time since 2025. Currently trading around $77, SOL's recent price momentum shows signs of recovery after falling to $60 in June. If SOL breaks above the $78–$80 resistance level, it could trigger further gains toward its long-term moving average near $89. However, the broader trend remains cautious as SOL is still down 38% this year, and failure to hold above $75 could lead to further declines. This development suggests an early recovery signal rather than a confirmed new bull trend.
The U.S. Consumer Price Index (CPI) for August rose 3.4% year-over-year, matching expectations, with core CPI at its lowest since 2021. This inflation data led to a Bitcoin price rebound above $78,000, alongside gains in Ethereum and Solana. Despite ...
On September 8, XRP spot ETFs attracted approximately $1.55 million in net inflows, making it the only cryptocurrency ETF to record daily gains. In contrast, ETFs for Bitcoin, Ethereum, Solana, and Hyperliquid experienced net withdrawals on the same ...
Bitcoin is trading close to $79,000 following August's Producer Price Index (PPI) data, which slightly exceeded expectations due to rising energy costs. Despite a small dip, Bitcoin rebounded toward $80,000 as investors balanced inflation concerns wi...
Bitcoin dropped nearly 2% below $77,000 after U.S. Producer Price Index data showed a 5.4% year-over-year increase, slightly above expectations. This fueled market bets on a 74% chance of a Federal Reserve rate hike in mid-September. Other cryptocurr...
Solana's real-world asset ecosystem has grown rapidly, surpassing 400,000 unique holders from under 10,000 in January 2025, signaling mainstream adoption. The SOL token trades around $102, showing a 33% gain over the past month but faces critical res...
