Morgan Stanley has submitted a revised application to the SEC for a Solana spot ETF under the ticker MSOL, aiming to hold direct SOL assets and possibly stake them. Solana's price is consolidating around the critical $82-$84 support after retreating from a May peak near $98. Bulls need to break and hold the $87-$90 resistance to signal a potential trend reversal. Analysts highlight significant liquidity clusters around $86-$88 and $80, indicating possible price moves in either direction. The SEC's approval is pending before the ETF can launch, while Solana remains at a technical crossroads with potential for a strong recovery if key levels hold.
Austin Federa, former Head of Strategy at the Solana Foundation, warns that Solana must avoid complacency amid rising competition from other high-performance blockchains. Despite surviving the 2022 FTX collapse and continuing to grow its DeFi ecosyst...
Solana's blockchain is gaining traction with x402-style agentic payments, where AI agents autonomously transact micro-payments for services. Recent data shows over 75 million transactions and $24 million in volume in 30 days, with growing adoption ac...
Japanese cryptocurrency exchange bitFlyer announced it will start listing Solana (SOL) on June 24, allowing users to easily buy and sell the token. This listing is significant as bitFlyer is one of Japan's largest exchanges, providing Solana greater ...
Bitcoin surged to nearly $65,844, its highest in two weeks, after the US and Iran agreed to reopen the Strait of Hormuz, easing long-standing energy supply concerns. This deal caused Brent crude oil prices to drop over 4%, reducing inflation pressure...
Solana (SOL) surged above $70, driven by $15.6 million in spot ETF inflows and a record $3 billion in tokenized real-world assets (RWA) on its network. This growth signals increasing institutional demand and a shift in crypto allocations away from Bi...
