Solana (SOL) has rebounded to $78, recovering about 5% from a recent low near $74. A decisive daily close above $80 is crucial to unlock momentum toward resistance levels at $82–$84 and potentially higher targets near $90 and $97.60. Heavy short positions around $79–$80 could trigger a short squeeze if prices break through, accelerating gains. However, market confidence is shaken by a $20 million governance exploit in the BONK ecosystem, raising concerns despite Solana's core infrastructure remaining secure. Failure to hold support at $75.55 could push SOL down to $72.50 or even $67.
U.S. Solana ETFs experienced a $5.83 million net inflow on July 21, the largest daily increase in two weeks, driven entirely by the Bitwise BSOL fund. The total assets under management for Solana ETFs stand at about $912.73 million, with cumulative n...
XRP and Solana spot ETFs recorded consecutive net inflows, highlighting selective institutional interest in these altcoins amid generally muted activity in other altcoin ETFs. XRP spot ETFs saw $5.66 million in inflows, mainly in Franklin XRPZ, with ...
S&P Dow Jones Indices and Pantera Capital have introduced the S&P Pantera Digital Asset Index, an 18-token benchmark designed for institutional investors. Unlike traditional crypto indexes that rely heavily on market capitalization or Bitcoin dominan...
A recent $250 million USDC liquidity injection into the Solana network marks a significant boost in dollar-backed stablecoin resources. This follows earlier large mints of $1 billion and $3.25 billion USDC on Solana, reinforcing a trend of growing li...
Solana's price has risen to $78 after buyers defended support near $74, but it needs to close above $80 to confirm a breakout. The recovery follows a 5% gain from a recent low, despite lingering caution due to a $20 million governance attack on the B...
