Solana (SOL) is trading near $78, supported by record growth in tokenized real-world assets (RWA) and strong inflows into Solana ETFs, despite weak technical momentum and declining trading volume. The token's market cap remains around $45 billion, with key resistance at $78 and support at $76. Institutional demand, driven by low fees and high throughput, and regulatory factors like Europe's MiCA framework, bolster Solana's appeal for tokenized financial products. While short-term price volatility persists, ongoing ecosystem growth and ETF inflows suggest longer-term investor confidence.
Pump.fun, a major application on Solana, recently sold $10.08 million worth of SOL tokens, raising concerns about value extraction from the ecosystem. Despite this, Pump.fun drives significant on-chain activity, with daily trading volumes around $725...
Bitcoin rose above $63,000, gaining 2.1% amid easing geopolitical tensions and falling oil prices, which eased inflation fears and bond yields. This macro relief helped risk assets like crypto recover slightly despite the market still being in extrem...
Solana's blockchain consistently processes over 2,500 true user transactions per second, excluding validator votes that inflate numbers. This high throughput, combined with transaction costs below $0.01, supports high-volume activities like DeFi and ...
Bitcoin shows signs of recovery after defending a major support level, with spot Bitcoin ETFs reversing outflows to record $221 million inflows. This shift suggests fading institutional selling pressure and a potential rally toward $100,000 by year-e...
Solana is currently testing a major resistance zone between $79 and $85, where about 105 million SOL tokens were previously traded. If buyers can reclaim this zone as support, it could clear a significant supply barrier and open the path for Solana's...
