Cardano (ADA) is trading at $0.876 with a daily volume of $1.28 billion, but sellers remain in control after a sharp 7% decline over two days. On-chain data from Santiment shows the Network Realized Profit/Loss (NPL) metric spiking to its highest level since July, signaling that many investors are cashing out profits. Related Reading This wave of profit-taking, while not a sign of structural weakness, has capped ADA’s recovery attempts. Analysts emphasize that defending the $0.87–$0.85 support range will be crucial to maintaining ADA’s broader bullish outlook. ADA’s price trends…
Day: September 18, 2025
CME Group Moves to Launch SOL Options Trading as Solana Staking ETF Nears $300M
Key Notes CME Group will launch Solana options trading on October 13th, marking SOL’s transition to institutional-grade derivatives. Rex Shares’ Solana ETF reached $289 million in assets, up 15% weekly, demonstrating growing institutional appetite. Technical analysis shows SOL testing $237 resistance with falling wedge pattern targeting $260 breakthrough. Solana SOL $244.8 24h volatility: 2.8% Market cap: $132.74 B Vol. 24h: $10.51 B was caught in market turbulence over the past week, declining from recent peaks near $245 as jitters surrounding US macroeconomic indices diverted investors’ focus toward gold for inflation…