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.
Bitcoin traded slightly higher near $77,200, maintaining above its 50-day average, supported by a sharp 5% drop in oil prices due to potential reopening of the Strait of Hormuz. This oil price decline lifted Asian equities, with major indexes in Indi...
MoonPay has launched a new app that allows users to buy Bitcoin, Solana, and potentially other cryptocurrencies directly inside ChatGPT through natural language conversation. This integration removes the usual technical barriers like wallet setup and...
Solana (SOL) is maintaining a crucial support level and could potentially break out to a long-term target of $1,000 if it reclaims the $87 to $90 resistance zone. The weekly chart shows SOL building a base after a pullback, with a downtrend line curr...
Solana (SOL) is trading around $82, down about 70% from its peak near $295, reflecting weak market demand and significant selling pressure. The critical resistance level at $95 must be surpassed on the weekly chart to trigger a potential relief rally...
Bitcoin fell below the key $75,000 level, sparking a sharp selloff across major cryptocurrencies including Ethereum and top altcoins. This drop triggered around $400 million in liquidations of leveraged long positions, intensifying market panic. The ...
