In May, open interest in Solana (SOL) futures contracts fell sharply by 30%, from $2.75 billion to $1.90 billion, reflecting reduced leveraged trading amid increased market caution. Despite this, SOL spot ETF inflows hit a 2026 high of $113 million, showing continued accumulation by spot market investors. SOL price is currently around $80, testing the lower boundary of a three-month consolidation range between $80 and $95. A break below $80 could trigger a drop toward the annual low near $68, where over $800 million in leveraged long positions face liquidation risk. The recent US-Iran geopolitical conflict added volatility, pushing SOL down to this critical support level. Technical indicators suggest bearish momentum persists, but spot market resilience indicates less speculative panic and more cautious positioning overall.
Solana's price is holding above the critical $80 support zone despite recent selling pressure and market volatility. Analysts highlight this level as pivotal: maintaining it could lead to a recovery toward $100-$120, while breaking below may trigger ...
Hyperliquid's native token HYPE gained over 11% in the past day, outperforming major cryptocurrencies such as Bitcoin, Ethereum, Solana, and XRP, which showed minimal gains. Despite a general decline in derivatives trading volume for top cryptos, HYP...
Cryptocurrency prices steadied following reports that the US and Iran are close to extending their ceasefire by 60 days and reopening shipping routes through the Strait of Hormuz, easing geopolitical tensions and oil prices. Bitcoin held above $73,00...
Solana (SOL) is trading around $82 after losing key daily support, caught between a $80 support level and a heavy resistance zone at $87-$88. Analysts highlight that this upper range hosts many leveraged short positions, which could trigger volatilit...
Bitcoin hovered around $73,000 despite a 6% weekly drop, as institutional investors focus on upcoming US cryptocurrency regulations rather than positive global market trends. Other major cryptocurrencies like Ethereum, Solana, XRP, and Dogecoin also ...
