Solana (SOL) maintained its key $70 support level as institutional interest grows, highlighted by a $24 million position from large investors and MoneyGram joining Solana's proof-of-stake network as a validator. This move signals increasing adoption of Solana for payments and DeFi, supported by the Solana Foundation's launch of a public data platform to improve transparency. Traders are cautiously optimistic, viewing $70 as a critical pivot point for momentum, with potential for further gains if support holds. The involvement of a major payments firm like MoneyGram strengthens Solana's role in stablecoin settlement and payment infrastructure, suggesting promising long-term growth prospects.
A whale trader opened a $24.34 million leveraged position on Solana (SOL) and Ethereum (ETH), betting on a rally. The trader closed the ETH position with a $14.2K profit amid a tech sector sell-off that pressured crypto markets, leaving the $16.5M SO...
A crypto whale has taken a significant bearish position against Solana (SOL) by shorting 554,680 SOL worth $38.15 million with 20x leverage. This move comes as Solana's price fell nearly 8% amid a broader crypto market decline and ongoing selloff, wh...
Solana, known for its speed and low fees, has lacked privacy features, limiting its appeal for businesses needing confidentiality. Projects like Arcium are introducing encrypted computing on Solana, allowing private transactions and data while mainta...
A sharp sell-off in the cryptocurrency market caused over $700 million in liquidations, with Bitcoin falling below $62,000 and wiping out recent gains. Long positions accounted for 80% of the losses, hitting Bitcoin and Ethereum hardest with combined...
Ethereum's price fell more than 3% in 24 hours to around $1,686, pressured by continued ETF outflows totaling over $66 million and declining derivatives activity. Despite the launch of Ethlabs backed by key ecosystem players, market sentiment remains...
