Tag: Solana

Solana (SOL) Faces Continued Downside Risk—More Losses Likely

Solana started a fresh decline from the $155 zone. SOL price is now consolidating near $145 and might extend losses below the $142 support. SOL price started a fresh decline below the $150 and $148 levels against the US Dollar. The price is now trading below $150 and the 100-hourly simple moving average. There is a short-term rising channel or a continuation pattern forming with support at $144 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears…

XRP, Solana Lead as Crypto Inflows Exceed $2B

Key Notes Digital asset inflows hit $2 billion last week, marking a third week of gains. The largest cryptocurrency, Bitcoin, led with $1.84 billion, pushing its YTD inflows to $5.58 billion. Alcoins like XRP and Solana saw renewed interest, recording $10.5 million and $6 million in inflows, respectively. Global investment in digital asset products managed by leading firms saw a strong recovery last week, with inflows surpassing $2 billion. This will mark the third consecutive week of positive momentum. Per current market data, Bitcoin, the largest cryptocurrency, remained the key…

Solana Blockchain Critical Security Issue Could Be Solved by Solaxy Presale, Now at the $33M Mark

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After critical issues with the Solana blockchain let an unknown hacker exploit a zero-day vulnerability and mint and withdraw tokens from other users’ accounts, the Solaxy presale’s layer 2 solution makes more sense than ever. Solana devs identified the vulnerability on April 16, 2025, and explained it as a bug: According to the analysts, it took significant expertise to exploit the bug, which means the attackers possessed serious know-how and skills. Could Solana’s Problem Plague Other Blockchains?…

Solana Devs Patch Critical Bug — Will SOL Price Rebound

Key Notes Despite no reported exploits, the Solana Foundation faced community criticism for its private communication with validators during patching. After a 20% recovery in April, SOL price is consolidating near $150 and targeting a rally to $200 and beyond. Solana has achieved significant milestones, with meme coin trading boosting the blockchain’s revenue. Developers and validators at the Solana Foundation have fixed a critical bug that allowed attackers to potentially mint certain tokens on the blockchain and even withdraw them from user accounts. Despite consolidation under $150 over the past…

Pump.fun Rakes In $300M YTD as Solana Meme Market Surges

Key Notes Pump.fun’s YTD fees surpassed Ethereum’s. The meme coin launchpad recorded a total trading volume of almost $30 billion YTD. Pump.fun ecosystem tokens rise despite Bitcoin’s price correction. . Pump.fun, a Solana-based meme coin launchpad, has dominated Ethereum, the largest blockchain by total value locked, over the past nine weeks. According to data from Token Terminal, Pump.fun accumulated $294.3 million in fees year-to-date, surpassing Ethereum’s $248.7 million. The protocol has registered a total trading volume of $29.7 billion YTD. Data shows that the Solana-based meme coin platform has been…

Solana devs fix bug that allowed unlimited minting of certain tokens

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The Solana Foundation has confirmed that a zero-day vulnerability that allowed an attacker to potentially mint certain tokens and even withdraw those tokens from user accounts has been fixed.  A May 3 post-mortem from the Solana Foundation said that the security vulnerability, first discovered on April 16, could have allowed an attacker to forge an invalid proof affecting Solana’s privacy-enabling “Token-22 confidential tokens.” There is no known exploit of the vulnerability, and Solana validators have since adopted the patched version, the foundation said. Solana zero-day security bug affected Token-22 confidential…

Best Crypto to Buy as Solana Shows Technical Strength amid ETF Buzz

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Solana is ready to pump thanks to strong technical indicators and ecosystem support. The biggest piece of positive news comes from a popular chart analyst, Ali Martinez. He took to X (where he has over 136K…

Solana Rebound To $900 Is Coming, But This Resistance Stands In The Way

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Solana is still facing a lot of resistance and it seems that the $200 target is getting harder to reach. This has been made harder by the bearish market…

Solana Challenger Sui Jumps After 21Shares Files for SUI Exchange-Traded Fund

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The Solana (SOL) competitor Sui briefly ticked up in price on Thursday after news broke that the crypto exchange-traded fund (ETF) provider 21Shares filed for a spot SUI ETF in the US. SUI was trading around $3.56 prior to the announcement and jumped to a high of $3.75 a few hours later, an increase of more than 5%. The 13th-ranked crypto asset by market cap has since retraced and is trading at $3.57 at time of writing. Duncan Moir, president of 21Shares, says the Sui ETF filing, which is subject…

Solana (SOL) Over $150 — More Upside on The Horizon?

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…