Solana's SOL price remains stable around $71-$74 despite declining traditional DeFi metrics, including a drop in total value locked from $12 billion to $4.8 billion and a 31% fall in DEX volumes. The token's resilience is driven by rapid growth in tokenized stock trading on Solana, which now dominates this niche with 99% of tokenized stock DEX trades and daily volumes exceeding $200 million. Institutional players like Backed Finance and Ondo Global Markets are expanding tokenized equity assets on Solana, signaling a shift toward integrating traditional financial assets on blockchain. Investors should watch tokenized equity volume growth and TVL trends for future SOL performance.
Bitcoin briefly fell to about $76,050 following the release of the US inflation report, which showed a 0.4% increase in the Consumer Price Index for August and a core inflation rise of 0.3%, slightly above expectations. Despite this, Bitcoin quickly ...
Solana (SOL) fell below its $100 support level to a low of $98 before a slight rebound, trading around $99.90 with a 1.8% daily loss. The drop triggered over $10 million in long liquidations, signaling panic selling and reduced participation in Solan...
SUI cryptocurrency price is currently testing a key support level between $0.71 and $0.73 after falling 1.40%, underperforming compared to Ethereum and Solana. Analysts highlight that if buyers defend this floor, SUI could rebound to $0.84–$0.85, but...
Solana (SOL) has been consolidating around $100-$105 but shows a bullish trend after breaking the $98.41 resistance, signaling a shift from a downtrend to an uptrend. The $100 support level has held firm, suggesting potential for a move toward the $1...
OpenSea has reintroduced support for Solana NFTs on its OS2 platform, fully enabling buying, selling, and bidding as of early September. This marks Solana as the first non-Ethereum blockchain with full NFT trading on OpenSea, positioning Solana colle...
