Solana (SOL) fell 3% on Wednesday, approaching a critical support level at the 50-day EMA of $76.67 after failing to break resistance near $83.94. ETF inflows dropped sharply from $8.36M on Monday to $1.67M on Tuesday, signaling reduced institutional demand. Open interest and trading volume also declined, reflecting lower trader engagement. Analysts warn that failure to reclaim the $79–$85 resistance zone could push SOL down to $53, while support between $74 and $77 is being closely watched for potential bullish recovery.
Bitcoin remains steady above $62,000 despite escalating US-Iran tensions that have pushed oil prices up and gold prices down. Markets are now viewing geopolitical risks more as interest rate events, with bitcoin tracking Treasury yields closely rathe...
Alvarez & Marsal, a global restructuring advisory firm, has accepted its first client payment in USDC on the Solana blockchain, highlighting Solana's rising role in high-volume USDC transactions. Solana handles over 31% of global USDC transactions wi...
The newly launched prediction market 'World,' which debuted on Solana just a week ago, announced it is moving to Robinhood Chain without giving a clear reason. The move appears strategic, aiming to tap into Robinhood's 28 million mainstream customers...
Solana (SOL) dropped over 5% to around $76, briefly testing this support level amid a pullback that traders view as a potential buy-the-dip opportunity rather than a trend breakdown. Despite the decline, SOL remains up nearly 3% over the past week an...
Solana plans to launch its Alpenglow upgrade in Q3 2026, drastically reducing transaction finality from about 12.8 seconds to 100-150 milliseconds by replacing core consensus mechanisms. This speed boost enhances Solana's competitiveness with central...
