Solana (SOL) trades near $82 despite over $1 billion in cumulative inflows into spot ETFs, signaling strong institutional demand. However, technical resistance around $83 and $88-$90, combined with elevated volatility and macroeconomic uncertainties, suggest potential downside pressure toward $75 and possibly the low $60s if support breaks. Futures open interest dropped 30% in May, indicating deleveraging and cautious sentiment. Standard Chartered lowered its 2026 price target to $250 but remains bullish long-term, expecting growth if macro conditions improve.
The cryptocurrency market is consolidating within a tight range after a volatile period marked by institutional de-risking and geopolitical shifts. Major assets like Bitcoin, Ethereum, and BNB show stability, though Bitcoin faces resistance near $77,...
Solana's liquidity gap emerged due to risk-off market rotations and ecosystem selling that exceeded organic on-chain demand, even as spot ETFs absorbed supply. Sustainable demand depends on real application usage generating fee revenue, not just fina...
Hyperliquid (HYPE) reached a new all-time high of $67.5, briefly overtaking Dogecoin to become the ninth-largest cryptocurrency by market cap. The surge was driven by media attention, strong ETF inflows, and optimism following the US Commodity Future...
Solana (SOL) briefly dropped below $82 before rebounding above $86, highlighting its volatility and active dip-buying interest. Despite a weekly decline, trading volume rose over 7%, signaling resilient spot activity. ETF assets for Solana have surpa...
Solana (SOL) is trading below its key weekly resistance level of $83.05, having lost its higher range and clearing out high leverage long positions. The price is now focusing on the $61.14 support area, which could be tested if SOL fails to reclaim t...
