TL;DR Solana is testing an important support zone after a sharp pullback across major crypto assets. The $60-$65 area is now the key technical band traders are watching for signs of either stabilization or continuation lower. A recovery back above the recent rejection zone would ease pressure, but failure near $60 could invite another leg…
View More Solana Price Tests Crucial $60-$65 Support Zone After Sharp Market Pullback
The Solana Policy Institute is urging Senate leaders to preserve protections for open-source developers and validators as lawmakers debate the CLARITY Act, adding another crypto industry voice to one of the most important U.S. policy fights of the year. TL;DR The Solana Policy Institute is pushing lawmakers to protect developer and validator activity. The issue…
View More Solana Policy Institute Urges Senate To Protect Developers In CLARITY Act Debate
After a steep selloff that reinforced bearish momentum, Solana appears to be entering a period of consolidation as Wave 4 unfolds. Such corrective phases often offer short-term relief and can also serve as a launching pad for the next leg of a downtrend. As the market searches for direction, the key question remains whether buyers…
View More Solana Wave 4 In Progress: Relief Bounce Or Setup For A Fresh Decline?
Pump.fun has launched a new feature that allows users to pay “anyone” to do “anything”, which has triggered a wave of concern across the crypto community, with critics warning it could revive the same dangerous behavior that fueled the platform’s 2024 livestream scandal. Pump.Fun Launches Bounty Feature For ‘ANY’ Task On Thursday, Solana’s memecoin launchpad,…
View More Livestream Chaos 2.0? Pump.Fun Under Fire Over New Bounty Feature
Crypto analyst Crypto Patel has made a bullish case for Solana, explaining why it is time to start paying attention to the crypto asset. This came as he noted that SOL has printed 8 consecutive red monthly candles for the first time in its history. Why It Is Time To Start Paying Attention To Solana…
View More Why It’s Time To Start Paying Attention To Solana Before It Stages A Repeat Of 2024
Peter Brandt, a trader long known for his blunt view of crypto, said many digital assets will end up as junk even as he singled out XRP as the strongest candidate for transactional use. The comment came during a Crypto Banter interview with Ran Neuner and drew quick notice after Neuner said he did not…
View More XRP Is The Clear Winner For Transactions, According To Peter Brandt
Data from CoinMarketCap shows that Solana (SOL) has registered no significant net price change in the last month. However, daily price analysis shows that the prominent altcoin reached a local peak near $97 in early May before entering its current downtrend. Presently, the Solana market is dominated by bearish sentiment, alongside the broader market, as…
View More Solana Must Hold Above Crucial $78 Level – Analyst Explains Why
Hyperliquid has overtaken Solana on a fully diluted valuation basis, according to Arkham, adding a new market marker to one of crypto’s most closely watched comparisons: the rise of application-heavy, revenue-generating chains. Arkham summarized the move directly on X, writing: “Hyperliquid has flipped Solana by FDV.” The accompanying Solana market page shows SOL trading around…
View More Hyperliquid Flips Solana By FDV As ‘Revenue Chains’ Race Heats Up
XRP exchange-traded funds (ETFs) have pulled in more money than their Solana ETF counterparts even though SOL has largely outperformed XRP on price during much of the year. The difference, according to market expert Sam Daodu, appears to come down to what’s happening on the regulatory and institutional side. Different Paths For XRP And Solana…
View More Solana ETF Falls Behind As XRP Collects More Cash—Here’s The Catalyst Driving The Split
An analyst has pointed out how the latest retrace in Solana has come after rejection from the resistance level of a Parallel Channel. Solana Failed Parallel Channel Resistance Retest In a new technical analysis (TA) pattern forming in the daily price chart of Solana. The pattern in question is a “Parallel Channel,” which forms whenever…
View More Solana Fails Channel Breakout—$78 Support The Next Destination?