Solana (SOL) has bounced back from lows near $60 to trade around $103, marking its first positive monthly close after ten months of decline. Technical indicators like the monthly MACD nearing a bullish crossover and RSI breaking a two-year downtrend suggest weakening bearish momentum. Key resistance levels to watch are $120.23 and $146.56, with support at $97.70. Institutional interest is growing, highlighted by a $9 million whale purchase and $14.7 billion in real-world asset transactions on Solana's network over the past year, supporting potential further gains.
SkyAI, a company managing Solana treasury assets, is currently facing opposition from shareholders against the reelection of its board members. However, there are no verified details on the number of opposing shareholders, their reasons, or the outco...
On September 7th, Solana captured 67% of all memecoin trading volume across spot decentralized exchanges, nearly three times the 23% share held by Robinhood Crypto. This dominance reflects a long-standing trend, with Solana maintaining over 50% of me...
On September 8, XRP ETFs recorded $1.55 million in net inflows, standing out as the only crypto ETFs to attract new capital while Bitcoin, Ethereum, Solana, and Hyperliquid ETFs experienced outflows. Despite this daily lead, XRP's inflows are modest ...
The Solana Foundation has become a Platinum member of the Rust Foundation, committing $325,000 annually and gaining a dedicated board seat. This move formalizes Solana's long-standing use of Rust, the programming language that powers most on-chain pr...
XRP exchange-traded funds (ETFs) attracted $1.55 million in net inflows on September 8, contrasting with outflows from Bitcoin, Ethereum, and Solana ETFs. Bitcoin ETFs experienced the largest withdrawals at about $46.65 million, followed by Ethereum ...
