Solana (SOL) is trading near the critical $87 support level after failing to break above $96, with price action around this zone likely determining whether it stabilizes or enters a deeper correction. Despite a recent price dip and bearish momentum indicated by an RSI of 34.5, institutional demand remains strong as U.S. spot Solana ETFs saw their highest weekly inflows since December 2025, totaling about $58 million. However, risk remains from corporate treasury holdings like Forward Industries, which faces significant unrealized losses that could lead to forced selling. Traders are watching the $87–$92 range closely, where a break above $92 could lead to gains toward $97, while a drop below $87 might push prices toward $81.30 or lower.
Bitcoin's price briefly recovered to nearly $82,000 in early May but then fell below $80,000 due to profit-taking and weakening momentum. This decline was mirrored by sharp drops in major altcoins like Solana and Cardano. Institutional caution grew a...
Solana's network is experiencing increased stablecoin inflows and derivatives trading, driven by newer stablecoins like USDe, which surged over 1,300% in a month. However, the Total Value Locked (TVL) in DeFi protocols on Solana has dropped below $6 ...
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 vol...
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...
