Solana’s recent pullback appears to be finding direction as the price drifts toward the $160 zone, a level attracting strong-handed investors. Despite short-term weakness, sentiment around SOL remains steady, with traders viewing the dip as a potential accumulation opportunity before momentum shifts back in favor of the bulls. Triangle Breakdown Brings SOL To A Critical Accumulation Zone According to the latest outlook from Crypto VIP Signal, Solana’s price recently broke out of a downward triangle, signaling a temporary shift in market structure. This move has brought SOL down to a…
Tag: Solana
Solana ETFs Beat Bitcoin, Ethereum Funds in Daily Net Flow
Key Notes Bitwise’s BSOL dominated Solana ETF inflows with $13.2 million while Bitcoin ETFs lost $566.4 million in the same trading session. SOL price dropped to $146 before recovering above the critical $155 support level despite experiencing double-digit percentage losses. Total net flows for Solana ETFs remain modest at $284 million compared to Bitcoin’s $60.4 billion and Ethereum’s $14 billion accumulated inflows. Bitwise recently launched its spot Solana ETF, BSOL, which is attracting significant demand, surpassing spot Bitcoin and Ethereum ETFs in daily net flow on November 4. This came…
Bitcoin and Ether ETFs Bleed $797 Million as Solana Defies the Downtrend
Bitcoin and ether ETFs extended their losing streaks on Tuesday, shedding a combined $797 million, while solana ETFs once again defied market gravity, drawing in $15 million in new capital. Crypto ETF Flows Turn Red Except for Solana’s $15 Million Surge The red tide in crypto exchange-traded funds (ETFs) showed no signs of easing as […] Original
Solana Dominance Dies with SOL Price Hitting August Lows
Key Notes Solana’s transaction fee share has fallen from 50% to 9%. Despite $417M in ETF inflows, DeFi activity shows visible fatigue. SOL is trading at near $156, testing August support levels. Solana SOL $155.1 24h volatility: 2.7% Market cap: $85.71 B Vol. 24h: $11.13 B slipped to its August lows around $156, following a sharp fall in its network dominance as traders rotated toward new high-activity chains like Hyperliquid and BNB Chain. According to DefiLlama, Solana’s share of the Layer-1 transaction fee market has tumbled from above 50% at…
Solana (SOL) Nosedives to $150, Can Bulls Prevent Further Collapse?
Solana started a fresh decline below the $165 zone. SOL price is now consolidating losses below $165 and might decline further below $150. SOL price started a fresh decline below $165 and $162 against the US Dollar. The price is now trading below $165 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $158 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $150 or $145. Solana Price…
Altcoin Winter Here? Ethereum, Solana Activity Plunges
On-chain data shows signs of an altcoin winter may be emerging as Ethereum, Solana, and other cryptocurrencies have seen a decline in activity. Altcoins Are Observing A Drop In On-Chain Activity In a new thread on X, institutional DeFi solutions provider Sentora (formerly IntoTheBlock) has talked about how interest in altcoins has been cooling off recently. Related Reading The on-chain indicator of relevance here is the “Active Addresses,” which measures, as its name suggests, the total number of addresses that are participating in some kind of transaction activity on a…
Solana ETFs Shine as Bitcoin, Ether Funds Bleed Over $300 Million
Bitcoin and ether exchange-traded funds (ETFs) kicked off November with heavy outflows totaling over $320 million, while solana ETFs stood out once again, attracting $70 million in fresh inflows to extend their early winning streak. Bitcoin and Ether ETFs Extend Red Streak With Solana Defying Outflow Trend The week began with sharp contrasts across the […] Original
Solana ETFs Soar As SOL Slips Below Key Price Level
Key takeaways: The spot Solana ETFs start strong by drawing over $400 million in weekly inflows. SOL broke its 211-day uptrend, slipping below key moving averages. Failure to hold $155 could send SOL price into the $120–$100 range. Spot Solana (SOL) exchange-traded funds (ETFs) start their trading journey with strength, posting record positive inflows that underscored institutional demand for the network’s native asset. On Monday, spot SOL ETFs recorded a daily high of $70 million in inflows, the strongest since launch, taking the total spot ETF inflows to $269 million…
Forward Industries Authorizes $1 Billion Buyback as Solana Treasury Grows
Key Notes The board approved a flexible buyback program allowing share purchases through 2027 to boost earnings per share and shareholder value. Forward holds over 6.8 million SOL tokens worth $1.5 billion, generating approximately 7% annual staking yield for shareholders. The stock plummeted 30% following the announcement as investors reacted to potential dilution from recent private placements and financing activities. Forward Industries has initiated a $1 billion share repurchase program effective through September 2027. This decision aligns with its expanded strategic commitment to Solana SOL $155.5 24h volatility: 8.3% Market…
Bitcoin, XRP, Solana, Ether Slide as BTC Loses Last Support Before $100K
Bitcoin BTC$107,661.53 has fallen below a key support level that had been holding back a slide toward $100,000, amid weakening momentum in tech stocks. The leading cryptocurrency fell below $106,000 during Asian trading hours, penetrating the level that had offered support multiple times in recent weeks, according to CryptoX data. Major altcoins such as ether ETH$3,722.54, XRP$2.2881 and solana SOL$159.67, with SOL sliding to $157, the lowest since Aug. 3. Ether also fell to its lowest since August, with a bear cross of key moving averages pointing to strengthening of…