Solana's native token SOL fell about 15% after failing to surpass the $98 resistance level, now trading near $85. Bearish market sentiment is indicated by negative perpetual futures funding rates at -3%. Weekly decentralized exchange (DEX) transaction volume on Solana has dropped 56% since January, signaling weakening network activity. Analysts warn that SOL could retest lower support around $78 amid rising competition from platforms like Hyperliquid and Base.
Solana's on-chain derivatives trading volume surpassed $20 billion weekly, signaling growing activity despite SOL price struggling below $85. Institutional inflows continue, with $55.1 million entering Solana-focused products, contrasting Bitcoin out...
Donald Trump, now the 47th US President, has shifted from crypto skeptic to enthusiast, launching initiatives like the Strategic Bitcoin Reserve and the GENIUS Act to promote digital assets. His administration aims to make the US a global crypto hub,...
Solana's price failed to break above the $98 resistance and is showing multiple bearish signals, including a bearish flag and double top patterns, suggesting a potential drop below the $80 support level. Momentum indicators like MACD and RSI are weak...
Goldman Sachs fully liquidated its exchange-traded product (ETP) holdings in Solana (SOL) and XRP during Q1 2026, reflecting institutional caution toward higher-risk altcoins despite Solana's stable on-chain activity. This move is seen as a portfolio...
Cryptocurrency investment products experienced significant outflows totaling $1.07 billion last week, ending six weeks of inflows. Bitcoin products led withdrawals with $982 million lost, followed by Ethereum with $249 million, amid concerns over US ...
