Tag Archives: SOLUSD

Solana (SOL) 180-Day Consolidation Set to Break: Massive Rally Just Around the Corner?

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Solana (SOL) has been holding above the $120 mark since experiencing a significant 24% retrace from its local highs. As the crypto market faces growing fear and uncertainty, Solana has remained one of the strongest performers this cycle, attracting attention from analysts and investors looking for opportunities. This current price zone is critical, as it… Continue reading Solana (SOL) 180-Day Consolidation Set to Break: Massive Rally Just Around the Corner?→

Solana Pullback To $137: Will Bulls Break Through Or Bears Dominate?

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Solana (SOL) has recently pulled back to the $137 level, a key point that could dictate its next move in the market. As the cryptocurrency tests this resistance, market participants are watching closely to see if the bears will seize the opportunity to drive prices lower, or if the bulls will capitalize on this pullback… Continue reading Solana Pullback To $137: Will Bulls Break Through Or Bears Dominate?→

Solana Sees 7,600% Surge In Institutional Inflows, Here’s Why

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Solana price action might be trending downwards, but institutional investors are bucking the trend. This speck of positive Solana sentiment has come through an inflow report of digital asset investment report, with Solana coming up on top. Digital asset investment products witnessed a cumulative outflow last week, especially as Bitcoin-based products failed to attract investor… Continue reading Solana Sees 7,600% Surge In Institutional Inflows, Here’s Why→

Solana Price (SOL) Turns Red: Key Supports That May Spark a Bullish Upside?

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Solana started a fresh decline below $150 and $142. SOL price tested $128 and is currently struggling to start a recovery wave. SOL price started a fresh downward move below $150 against the US Dollar. The price is now trading below $140 and the 100-hourly simple moving average. There is a connecting bearish trend line… Continue reading Solana Price (SOL) Turns Red: Key Supports That May Spark a Bullish Upside?→

Solana (SOL) Funding Rate Signals A Decline: Investors Expect $130

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Solana is now trading around a critical support level after experiencing a 15% decline from its local highs at $162.36. While Solana has shown relative strength compared to other altcoins, the recent price action has introduced heightened volatility and potential risks for investors.  Fear and uncertainty currently dominate the market, with key data from Coinglass… Continue reading Solana (SOL) Funding Rate Signals A Decline: Investors Expect $130→

Solana Price (SOL) Slips: Will a Break Below $140 Trigger More Downside?

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Solana started a fresh decline below $155 and $150. SOL price tested $140 and is currently struggling to start a recovery wave. SOL price started a fresh downward move below $150 against the US Dollar. The price is now trading below $148 and the 100-hourly simple moving average. There is a short-term declining channel forming… Continue reading Solana Price (SOL) Slips: Will a Break Below $140 Trigger More Downside?→

Solana, Ethereum Attract Traders Amid Bitcoin Open Interest Plunge

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Data shows that Bitcoin (BTC) Open Interest plummeted during the latest market retrace, but Solana (SOL) and Ethereum (ETH) have been resilient. Solana & Ethereum Open Interest Has Only Seen A Mild Retrace According to data from the analytics firm Open Interest” here refers to a metric that keeps track of the total amount of… Continue reading Solana, Ethereum Attract Traders Amid Bitcoin Open Interest Plunge→

Solana Eyes Price Surge To $220: Breaking Through This Resistance Is The Key

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Solana (SOL), currently positioned as the fifth largest cryptocurrency by market capitalization, is mirroring Bitcoin’s (BTC) recent pattern of recovery, exhibiting a positive trajectory over the past couple of weeks.  Friday’s recent price spike comes on the heels of positive macroeconomic developments from the US Federal Reserve (Fed), which have had a positive impact on… Continue reading Solana Eyes Price Surge To $220: Breaking Through This Resistance Is The Key→

Solana Dump Far From Over? Whales Continue To Dump SOL

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The Solana dump looks far from over as whales continue offloading their SOL holdings during this market downtrend. The recent shakeup in the crypto space might have also contributed to these whales’ bearish sentiment towards Solana.  Crypto Whale Offloads $16 Million Worth Of Solana In an X (formerly Twitter) post, the on-chain analytics platform Lookonchain… Continue reading Solana Dump Far From Over? Whales Continue To Dump SOL→

Solana-Based Memecoin Rug Pulled By McDonald’s Hacker, Market Cap Plummets 98%

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The crypto ecosystem has seen a surge in memecoins and their popularity over the past year. Still, the craze has ushered in a wave of scams and rug pulls targeting unsuspecting investors. The latest victim of this trend is the Solana-based GRIMACE coin, which was the subject of a rug pull. GRIMACE Surges 400% After… Continue reading Solana-Based Memecoin Rug Pulled By McDonald’s Hacker, Market Cap Plummets 98%→