Solana (SOL) fell to the mid-$80s after breaking its key $138 support level, signaling growing bearish momentum and weakening market participation. The drop reflects a bearish divergence and cautious trading, with centralized exchanges dominating volume while decentralized activity remains very low. Despite a slight 30-day gain, SOL underperformed other altcoins over the week, facing challenges from past reputational issues and regulatory uncertainty. Traders are watching if SOL can stabilize near $80 and regain momentum above $100 to improve sentiment and market structure.
The crypto market lost $90.3 billion in value within an hour on May 16, driven by U.S. inflation data that exceeded forecasts and ended expectations for Federal Reserve rate cuts. Bitcoin dropped to $77,678, while major altcoins like Ethereum, XRP, S...
Italy's largest bank, Intesa Sanpaolo, more than doubled its cryptocurrency holdings from $100 million in Q4 2025 to $235 million by the end of Q1 2026. The bank entered new positions in Ethereum via BlackRock’s iShares Staked Ethereum Trust and in X...
Solana (SOL) price has dropped from a recent high near $96 to trade around $89, approaching a critical support zone at $81.30. This decline followed a wave of liquidations of high leverage long positions, which cleared much of the forced selling pres...
The cryptocurrency market experienced a decline with Bitcoin dropping 2.69% to $79,086 and major altcoins like Ethereum, XRP, and Solana also falling. Trading volumes across spot, stablecoin, and derivatives markets weakened significantly, signaling ...
Solana (SOL) is trading within a $78–$98 range, with a breakout above $98 seen as a potential trigger for higher price targets around $107 and $117. Despite a recent dip influenced by broader crypto market weakness and macroeconomic factors like risi...
