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.
Crypto markets saw a rebound with Bitcoin around $82.7K and Ethereum up 4%, despite recent hot Producer Price Index data. Key developments include MSCI's new index rules risking Strategy's removal, Binance US seeking $100M at a $1B valuation, and Sol...
In the latest 24-hour crypto market flows, Ethereum (ETH) recorded the largest net inflow at $74.21 million, followed by Solana (SOL) and Zcash (ZEC). Meanwhile, stablecoin USDC and meme coin Dogecoin (DOGE) experienced the largest net outflows, with...
Ether options lead in front-expiry open interest with a bullish call-option bias, totaling 30,818 contracts worth about $78.76 million. Solana shows a bearish put-dominant setup with 33,720 contracts worth $3.62 million, while XRP favors calls with 1...
Circle minted about 750 million USDC on the Solana blockchain within 24 hours, indicating a significant increase in dollar-pegged liquidity on the network. This move highlights Solana's growing role in hosting large USDC flows, which could support pr...
On October 16, the share of long positions in Ether USD-margined futures fell significantly, while Dogecoin's long positions in USD-margined futures rose to 75.81%, up nearly 6 points from the previous day. Other cryptocurrencies like XRP, Ether (coi...
