Solana (SOL) is currently testing a crucial support zone between $65 and $71, where over 60 million tokens were previously accumulated, creating strong demand. If SOL holds above $70, it may trade sideways and attempt to break resistance at $73. However, a drop below $70 could lead to declines toward $64 and potentially $53.10, with further downside possible if these levels fail. Recent technical signals show mixed momentum, while the broader crypto market weakness, driven by Bitcoin's correction, influences SOL's price. Additionally, the unveiling of the Solana-based project World Xyz has sparked renewed interest, slightly boosting SOL's price. Analysts warn that a sustained recovery depends on reclaiming higher resistance levels around $78.
Solana (SOL) climbed to the mid-$70 range, supported by rising institutional interest and expanding tokenized asset activity on its network. The blockchain processes about $650 billion in monthly stablecoin payments and has seen over $4 trillion in c...
Ethereum experienced significant outflows totaling over $8 million, while capital moved into stablecoins like USDT and fiat currencies, reflecting a cautious stance among crypto traders. This rotation suggests a defensive market mood, with investors ...
Solana's price has retreated to around $71.37, testing a critical support zone between $65 and $71 where over 60 million SOL tokens were traded, marking it as a strong demand area. Technical indicators show mixed signals, with potential momentum shif...
Major cryptocurrencies including Bitcoin, Ether, Solana, and Dogecoin declined amid a surge in the U.S. dollar driven by the Japanese yen hitting a 40-year low. Bitcoin traded below $60,000 and its 200-week moving average, with muted onchain demand a...
Top futures traders have decreased their long positions in Solana (SOL) and Dogecoin (DOGE), while increasing exposure to Bitcoin (BTC) and Ethereum (ETH), indicating a shift in leveraged sentiment. Data shows Dogecoin's USDT-margined long share drop...
