Solana (SOL) traded near $83 amid broader market volatility, supported by the phased rollout of the Alpenglow upgrade, which aims to drastically reduce transaction finality times and improve network performance for institutional users. Despite short-term price pressure linked to macroeconomic factors like rising oil prices, Solana saw a rebound in decentralized exchange (DEX) volume, leading March with about $49 billion and surpassing Ethereum by 32%. The network’s 2026 roadmap includes further upgrades to increase throughput and validator resilience, with a major upgrade called Glamsterdam targeting 10,000 transactions per second later this year. Traders are watching key support levels around $80–$85 and resistance near $92, while institutional interest grows, signaling potential for longer-term growth despite current market fragility.
Morgan Stanley's Denny Galindo highlights that Solana (SOL) has historically been a better diversifier in crypto portfolios than Ether (ETH), despite SOL's higher volatility. Bitcoin remains a low-correlation asset with traditional markets, but addin...
Solana is currently defending a crucial support level around $75.20, which could confirm a false breakdown and lead to a recovery targeting $98 and potentially $120. However, buyers must reclaim the $82-$94 resistance zone to confirm a stronger upwar...
Solana (SOL) has surged about 30% from its June low of $60, currently trading around $77–$78. The token benefits from a strategic partnership with SBI Holdings to build on-chain financial infrastructure in Japan, boosting institutional confidence. So...
The U.S. Treasury's OFAC sanctioned multiple cryptocurrency addresses tied to Cuban entities, marking an extension of sanctions into major blockchain networks like Bitcoin, Ethereum, and Solana. Concurrently, Tether froze $131 million in USDT on the ...
Bitcoin surged nearly 3.6% to around $64,800 after U.S. inflation data showed a bigger-than-expected slowdown in June, with headline inflation dropping to 3.5% and core inflation easing to 2.6%. This cooling inflation sharply reduced market expectati...
