Solana's price fell to around $62.90, down 4.7% in 24 hours and nearly 30% over the past month, pressured by large institutional transfers to exchanges signaling potential selling. Technical indicators show SOL breaking below key moving averages and exiting its $80–$90 consolidation range, suggesting a bearish trend with immediate support at $63–$65. If this support fails, prices could slide to the mid-$50s or lower. Despite short-term weakness, upcoming network upgrades like the Firedancer validator client offer a potential long-term positive for Solana's performance and resilience.
Solana completed its first binding on-chain governance vote, approving a proposal to double its annual disinflation rate from 15% to 30%. This change is expected to reduce SOL token issuance by approximately 18.9 million over six years, tightening su...
Solana's price rose from $96.60 to a high of $110 on August 28 before retreating slightly to around $106, supported by strong US spot ETF inflows totaling about $1.22 billion and increased network activity. Despite hotter US inflation data that press...
Cryptocurrency prices exhibit varied changes, with Bitcoin trading around $79,579, slightly up by 0.16%. Ethereum and Binance Coin show minor declines, while some altcoins like Solana and Zcash post gains above 1%. The mixed price movements reflect o...
Solana (SOL) is showing strong bullish signals, holding its key support zone at $96-$97 after breaking above it, which sets the stage for a near-term move toward $120. This breakout-and-retest pattern suggests the $120 level is the next target if SOL...
Bitwise reported about $100 million in net inflows on August 27 across its U.S. crypto exchange-traded products, with Solana funds leading at roughly $40 million, followed by Bitcoin at $22 million and Hyperliquid at $20 million. The Solana Staking E...
