Solana Network Activity Drops 50%: Is The Rally Built On Weak Fundamentals?
Solana is experiencing sharp volatility as the broader crypto market faces growing uncertainty. While some analysts expect an expansive move across the market, others remain cautious, pointing to Bitcoin’s difficulty in breaking cleanly into price discovery as a potential headwind. Solana, which has rallied strongly in recent weeks, now shows signs of divergence between its price action and underlying network activity — a signal that often raises questions about sustainability. Related Reading: Short-Term Holder Supply Rises By 559K Bitcoin – New Buyers Flood the Market According to Crypto....
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Solana has staged an impressive recovery, surging over 14% from its recent local lows, showcasing resilience after a period of correction. This renewed momentum has reignited investor optimism, positioning Solana as a standout in the crypto market. Key metrics from Glassnode further bolster this sentiment, revealing that Solana has consistently maintained a positive net capital inflow since early September 2023. While minor outflows were observed, the overall trend underscores sustained interest and confidence in the project. Related Reading: XRP Whales Keep Buying – Data Reveals Smart....
The bitcoin price has stayed at the breakout level all last week. This sideways activity has added to fundamentals and political factors that support the next up rally from $650 to $820. So, while not much has happened in the last week, don’t lose sight of the rally just yet. Current indicators point to higher levels, but prices have remained at the breakout level. While this stability has gone on, new fundamentals and political factors have built up, likely promoting the next rally. If this proves to be the case, the bitcoin price is expected to rise to $650, then to $820. In the....
Solana is once again in the spotlight after surging past the $240 level, marking a strong recovery and renewed momentum for the altcoin. Bulls appear firmly in control, but analysts caution that the next critical resistance lies at $270, a level that must be reclaimed before Solana can realistically attempt to retest its all-time high. The move underscores the growing confidence in SOL as one of the leading players in the market, particularly as institutional activity adds fuel to the rally. Related Reading: Solana Sees Institutional Accumulation: 413,075 SOL Moved Off Exchanges In Hours....
Crypto analyst Borovik has unveiled his 2026 bullish predictions for the XRP price, Dogecoin, and Solana. This comes as these three altcoins stand out in the ongoing crypto market rally, recording notable gains. Analyst Reveals 2026 Prediction For XRP, Dogecoin, and Solana In an X post, Borovik predicted that the XRP price will rally to $23, Dogecoin to $2, and Solana to $1,800 in 2026. He also made predictions for other major coins like Bitcoin, Ethereum, BNB, and TRX. The analyst expects BTC to rally to $896,503, ETH to $35,000, BNB to $7,000, and TRX to $2.7. Related Reading: Analyst....
The high-speed smart contract platform has suffered full or partial outages at least seven separate times over the last twelve months. Network outages continue to be the Solana network’s biggest challenge, according to its co-founder Anatoly Yakovenko.Launched in 2020, the Solana network has suffered a number of network outages, which have come from a number of different congestion and spam events, according to Yakovenko. In a Sept. 2 interview with Real Vision co-founder Raoul Pal, Yakovenko said the network outages had been Solana’s “curse,” but said the outages have resulted because of....