Solana (SOL) has surged 40% in the past month, trading around $101 with strong technical signals pointing to a potential rise to $150 by September's end. Analyst Ali Martinez highlights a bullish market structure, noting that SOL must surpass $110 and $120 resistance levels to confirm this target. Solana ETFs attracted daily inflows of $925K, pushing assets under management to $1.44 billion, while the blockchain set a new record with 5.2 billion non-vote transactions in August, a 23% increase from July. These developments indicate growing investor confidence and network usage, supporting the optimistic price outlook.
Cryptocurrency markets fell amid rising US-Iran tensions, with Solana and Tron dropping over 3%, while Bitcoin showed resilience, declining only about 1% near $77,500. The broader sell-off was driven by global macroeconomic concerns, including rising...
A joint study by ARK Invest and Glassnode found Bitcoin's mining power is concentrated in three pools surpassing 51% hash rate, but independent miners can switch pools quickly, limiting control. Ethereum requires three staking entities to exceed a 33...
US Spot Solana ETFs recorded $10.19 million in net inflows in one trading session, indicating growing investor interest in regulated Solana exposure. This inflow reflects new capital entering these ETFs rather than total assets under management. The ...
Bitcoin slipped below $77,000 following a strong 24% gain in August, pressured by concerns over rising US interest rates and higher oil prices due to geopolitical tensions. Other major cryptocurrencies like Ether, XRP, and Solana also declined. The m...
Despite a recent crypto rally in August, prediction market bettors see significant downside risks for ethereum (ETH), XRP, and solana (SOL) through the end of 2026. Markets like Polymarket and Kalshi show high probabilities of ETH touching lower pric...
