Solana (SOL) outperformed many major cryptocurrencies during a recent market downturn that saw Bitcoin fall below $60,000, trading around $66.26 with only a 5% weekly decline. This resilience is attributed to growing institutional products, fee reductions in Solana staking ETFs, and increased real-world asset tokenization on the network. Key support levels are identified at $62–$63, with potential downside if broken, while reclaiming $72 and breaking $78–$85 could signal a stronger recovery. Despite short-term volatility risks, Solana's expanding use in regulated tokenized assets, payments pilots, and infrastructure improvements support a positive medium- to long-term outlook.
Solana's price has dropped nearly 20% in the past month, yet its blockchain activity shows a 39% increase in decentralized trading volume. Long-term holders are moving large amounts of SOL to exchanges, signaling potential selling pressure that may k...
Solana (SOL) maintained its position as a top altcoin with a market cap of about $39.5 billion, even as a $2.4 million hack of a Cardano-linked wallet raised concerns about third-party security risks. The incident did not affect Solana's protocol but...
Bitcoin fell sharply by 5% to $58,000, its lowest level since 2024, before rebounding slightly to $59,400. The broader crypto market also declined, influenced by a hawkish Fed signaling imminent rate hikes. Despite the downtrend, derivatives data sho...
PAX Gold (PAXG), a gold-backed token regulated by the OCC, is now available for trading on Jupiter, Solana's leading decentralized exchange aggregator. This integration was enabled by Sunrise DeFi, which streamlines asset onboarding on Solana, allowi...
Bitcoin dropped to around $58,200, its lowest level this year, following US inflation data revealing the Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures price index, rose to its highest in over three years at 4.1% y...
