$201M SOL Sell-Off Sparks More Fear: Can Solana Hold Above the $130 Support Z...
Solana (SOL) is under intense market pressure after a massive $201 million token transfer on November 17 sparked concerns about further losses. Related Reading: Hoskinson Vs. Cardano Foundation: From Berlin Parties To ‘Useful Idiots’ While institutional interest in Solana-based ETFs remains strong, technical indicators point to a fragile market structure that could send SOL toward […]
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Solana SOL trades below $35 against Tether (USDT) after flipping its support into resistance in recent weeks. The price of BTC failed to sustain its bullish structure as it breaks below key zones, this breakdown in prices affected other altcoins like Solana leaving investors confused as to where the market is headed. Related Reading: Ethereum Slides To $1,500 As Hype Around Merge Dies Down Solana (SOL) Price Analysis On The Weekly Chart From the chart, the price of SOL saw a weekly low of $31, which bounced from that area and rallied to a price of $44 after showing great recovery signs in....
The much-anticipated Solana (SOL) ETF has officially gone live, triggering a wave of excitement across the crypto market. Bitwise’s Solana Staking ETF (BSOL) and Grayscale’s SOL ETF (GSOL) made their debut on U.S. exchanges this week, drawing significant investor interest. Related Reading: Bitcoin Price To Recover? Here Are Some Developments You Should Be Aware Of […]
Quick Facts: 1️⃣ Gemini’s AI model predicts Solana ($SOL) could hit $300 by the end of the year, driven by strong on-chain fundamentals and rising DEX volumes. 2️⃣ Solana leads all blockchains in real economic value ($223M in Q3) and posts over $138B in monthly DEX activity, surpassing Ethereum. 3️⃣ Developer growth and fee efficiency […]
Ethereum is trading at crucial demand levels, facing intense selling pressure and struggling to reclaim the $2,800 mark. The recent price action has raised concerns among investors, who are trying to stay calm amid rising volatility but fear that Ethereum could drop further. Related Reading: Are Meme Coins Hurting Solana? Rising Selling Pressure Sparks Investor Concerns The broader crypto market sentiment remains divided, with Ethereum significantly underperforming Bitcoin and failing to build strong bullish momentum. Some analysts believe that ETH is at a make-or-break level, while others....
According to GemXBT on an X post, the Solana chart shows a promising recovery after a recent downtrend, with the price bouncing off a key support level around $168. This price action suggests that SOL has found a solid foundation at this support zone. Support levels like this are important in technical analysis, as they indicate areas where buying interest may be strong enough to halt a decline. A sustained bounce from this level could attract more buyers, fueling further upward momentum and setting the groundwork for a stronger rally in the coming days. Solana Rebound Sparks Hope For A....