Solana's price is hovering near a key support level of $74 as broader market uncertainty and rising U.S. Treasury yields weigh on crypto prices. Despite short-term price softness, increased issuance of USD Coin (USDC) on Solana and $900 million inflows into real-world asset (RWA) products support a positive medium-term outlook. The network is also advancing with upgrades aimed at faster transaction finality and improved infrastructure. Analysts expect Solana's near-term price to be influenced by macro conditions, but growing stablecoin liquidity and institutional interest provide a constructive outlook if the $74 support holds.
The launch of Kimi K3 by Chinese AI startup Moonshot AI triggered a selloff in semiconductor stocks and risk assets, causing Bitcoin to fall below $64,000. The new AI model raised concerns about US chipmaker valuations, impacting tech stocks and spre...
The US cryptocurrency industry is at a pivotal point as negotiations over the Clarity Act, a major crypto regulatory bill, face delays due to ethics provisions demanded by Democrats. Kristin Smith, president of the Solana Policy Institute, remains op...
The anticipated altseason, where altcoins outperform Bitcoin, has not occurred for over 260 days, marking a record delay. Bitcoin dominance remains above 55%, indicating capital is still concentrated in Bitcoin rather than rotating into altcoins. Ins...
Solana's price fell nearly 4% to around $74 after failing to hold above $76.50-$77 resistance, pressured by a global tech sell-off and rising U.S. Treasury yields. Weak momentum and leveraged long liquidations add downside risk, with $74 as a critica...
Bitwise CEO Hunter Horsley strongly defends the economic value of Ethereum and Solana tokens amid skepticism about their utility in tokenization of real-world assets (RWA). He argues that doubting the importance of these native tokens repeats past ma...
