Solana (SOL) traded near $76 with mild selling pressure despite Bitcoin's weekend rally, as traders watch for capital rotation from Bitcoin into large-cap altcoins. SOL's price consolidation suggests a potential breakout or breakdown, with key support around mid-$70s and resistance near $80. Trading volume was mostly on centralized exchanges, indicating short-term positioning rather than strong on-chain demand. The token remains relevant with a market cap of about $44.6 billion, and its price action will likely depend on Bitcoin's continued strength and broader crypto risk appetite.
On October 21, altcoin spot ETFs experienced net inflows with XRP, Solana (SOL), Zcash (ZEC), and NEAR leading the gains. XRP spot ETFs attracted $708,515, reversing two sessions without flows, while Solana ETFs ended a 12-session outflow streak with...
GSR updated its Core3 model portfolio by reducing Bitcoin allocation by 2.5 percentage points to 40.5% and increasing Solana to 23.5%, while Ether remained steady at 36%. Over the past week, Bitcoin rose 1.4%, Ether 0.7%, and Solana 2.1%, though all ...
GMX's new proposal would use Solana protocol revenue remaining after GT token buybacks to fund GMX token buybacks, adding those tokens to staking rewards. Meanwhile, stakers on Arbitrum and Avalanche would face a 180-day withdrawal waiting period sta...
Bitcoin increased by 2.9% to $83,802, with other major cryptocurrencies like XRP, Dogecoin, Ether, Solana, and BNB also posting gains. XRP led the top six assets with a 5.03% rise, while the total crypto market capitalization slightly decreased by 0....
Polymarket's Solana market now estimates a 70% probability that Solana's token will reach $110 by the end of the month, up 16 percentage points in 24 hours. This optimism coincides with Solana's upcoming Alpenglow upgrade, scheduled for October 21, w...
