Following SpaceX's major IPO, Solana and Hyperliquid are competing to lead the market for onchain perpetual futures (perps) and tokenized stocks. This competition is crucial as perps are becoming a gateway for traditional finance to enter crypto markets, especially with increased onchain trading during market closures. Solana, with its high speed and low costs, is well-positioned but currently trails Hyperliquid, which has focused specifically on derivatives traders. Winning this battle could determine which platform dominates the future of internet capital markets and liquidity for trillion-dollar assets like commodities and pre-IPO equities.
Solana's price is currently testing a crucial support level at $73.75, identified as a major accumulation zone where over 50 million SOL tokens have changed hands. Holding above this level may lead to a recovery toward $150, nearly doubling its curre...
Hong Kong has authorized retail trading of XRP through OSL HK, the city's first licensed exchange to offer XRP to everyday investors. This move strengthens Hong Kong's position as a leading regulated crypto hub in Asia and highlights the region's gro...
Analyst Ali Martinez flagged $73.75 as a critical support level for Solana (SOL), where over 50 million coins were previously bought. A sustained close below this price could trigger significant selling pressure, potentially pushing SOL down to $60, ...
Ethereum, Solana, and Avalanche blockchains have experienced significant growth in transaction volume and reduced fees over the past year, even as their token prices fell by about half. Ethereum's transactions rose from 121.1 million to 203.9 million...
Over the past 24 hours, Bitcoin saw $15.44 billion in liquidations as leveraged long positions rapidly unwound, signaling a broad deleveraging across the crypto market. Ethereum, XRP, and Solana also experienced significant liquidations, reflecting a...
