Tag: Solana

Next Crypto to Explode as Solana Finds $130 Bottom and Aims for Rally

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What to Know: Solana’s strong defense of $130, plus a V-shaped recovery pattern, keeps a move back toward the $180–$250 range firmly on the table. Spot SOL ETFs have now attracted around $420M in cumulative inflows, signalling sustained institutional interest even after the recent correction. SUBBD Token, PEPENODE, and Aster tap AI creators, GameFi mining, and perp DEX liquidity respectively, aligning with narratives favored in risk-on phases. Solana just printed the kind of setup traders love. After a sharp 25% drawdown from $173, $SOL bounced perfectly from weekly support around…

Solana ETFs Are Slow and Steady Despite the Bitcoin, Ethereum Selloff

Key Notes Solana ETFs have recorded back-to-back inflows since Oct.31. New SOL-related investment products have entered the market. Bitcoin and Ethereum ETFs saw over $3 billion in outflows over the last five trading days. Solana SOL $140.6 24h volatility: 2.7% Market cap: $77.76 B Vol. 24h: $6.08 B is seeing growing interest from institutional investors while the leading assets — Bitcoin BTC $91 846 24h volatility: 1.2% Market cap: $1.83 T Vol. 24h: $79.61 B and Ethereum ETH $3 095 24h volatility: 2.1% Market cap: $371.75 B Vol. 24h: $32.27…

Solana Reclaims $140 As Second Wave Of SOL ETFs Debut

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Amid the second wave of crypto-based Exchange-Traded Funds (ETFs), Solana (SOL)-based investment products have been leading the charge, fueled by strong demand despite the recent market volatility. As a new group of investment products based on the altcoin hits the market and SOL’s price starts to recover, some suggest that a rebound could be underway. Related Reading Solana ETFs Take Over The second wave of Solana ETFs has arrived in the market after the successful launch of SOL-based investment products. On Monday, VanEck debuted its Solana ETF (VSOL) on Nasdaq,…

Solana (SOL) Recovers, but Key Resistance Levels Continue to Cap Upside Attempts

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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…

Forget XRP, DFDV Exec Predicts Solana Price Is Headed For $10,000

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A senior executive at DeFi Development Corp. (DFDV) has delivered one of the most aggressive long-term forecasts for the Solana price yet. According to him, Solana could see its value catapult to $10,000, leaving much of the market in the dust. This outlook, shaped by recent market turbulence and years of crypto experience, has drawn attention from industry experts as the DFDV executive outlines how SOL can reach this target by capturing a significant share of the global digital value.  Solana Price To Reach $10,000 In 10 Years DFDV COO…

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Fidelity’s Spot Solana ETF FSOL to Launch Nov. 18

Key Notes Fidelity is getting set to roll out its spot Solana ETF amid high expectations. ETF expert James Seyffart stated that Canary Capital will follow the next day. BlackRock has not attempted to file for a spot Solana ETF. Fidelity is preparing to debut its spot Solana Exchange Traded Fund (ETF) following VanEck, which rolled out a similar fund on November 17. The Solana ETF competition is heating up gradually as two other asset management firms have also launched their SOL ETF a few weeks earlier. Overall, there is…

Libra Scandal Wallets Buy $61.5M In Solana After Draining Memecoin

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Wallet addresses tied to the controversial Libra (LIBRA) token are still pulling money from the failed memecoin and rotating it into other cryptocurrencies despite asset freezes and ongoing fraud investigations. The wallets associated with the Libra token — which was controversially endorsed by Argentine President Javier Milei — have withdrawn nearly $4 million in liquidity from the memecoin to buy the Solana (SOL) dip. After the withdrawal, two cryptocurrency wallets associated with the Libra team acquired $61.5 million worth of SOL at an average price of $135, according to blockchain…

Solana (SOL) Extends Sell-Off to $130 as Recovery Attempts Remain Fragile

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Solana started a fresh decline below the $145 zone. SOL price is now consolidating losses below $140 and might decline further below $130. SOL price started a fresh decline below $145 and $140 against the US Dollar. The price is now trading below $140 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $136 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $130 or $128. Solana Price…