Solana (SOL) hovered around $80 after Goldman Sachs fully exited its Solana-related ETF exposure, signaling reduced institutional demand. Large token sales by a major meme-coin platform added selling pressure, contributing to a weakening price momentum despite steady ecosystem activity. Technically, SOL remains below its 50-day moving average, with key support at $78; a break below could lead to deeper declines. Despite short-term price softness, Solana's ecosystem remains active with ongoing governance talks and strong on-chain activity, suggesting potential volatility ahead as market participants watch institutional moves and Federal Reserve signals.
A prominent Ethereum developer attributes Ether's 65% decline against Bitcoin since the 2022 Merge to strategic errors by the Ethereum Foundation, including slow product execution and missed opportunities. Criticisms include Ethereum's focus on envir...
Arthur Hayes, co-founder of BitMEX, predicts that Hyperliquid (HYPE) will surpass Solana (SOL) in market capitalization before the current cryptocurrency bull market ends. Despite Solana's market cap of about $47.7 billion compared to Hyperliquid's $...
XRP is transitioning from a theoretical asset to practical use in treasury operations, with firms like Anodos Finance buying, holding, and paying employees in XRP since 2023. This move highlights XRP's growing utility as a cross-chain liquidity asset...
Solana is testing the 'Alpenglow' consensus upgrade aiming to reduce transaction finality to 100-150 milliseconds, potentially boosting its use in payments and high-frequency trading. Despite short-term price weakness and lower trading volumes, insti...
Modest gains in Bitcoin and Ethereum caused a wave of short liquidations in crypto derivatives markets, with $4.9 billion in Bitcoin shorts and $5.6 billion in Ethereum shorts liquidated over 24 hours. This indicates heavy bearish positioning, making...
