Solana has reclaimed the $200 level for the first time since late July, signaling renewed bullish momentum in the market. Buyers have shown strength in recent sessions, but analysts caution that a break above $210 is essential to confirm a sustained uptrend. This level has historically acted as a key resistance, and clearing it could…
Solana is once again in the spotlight. Blockchain data by Arkham Intelligence shows that an Alameda Research staking account has unstaked $35 million worth of SOL. Alameda Research initially locked up the SOL in late 2020. A convicted fraudster, Sam Bankman-Fried, founded Alameda Research, once a prominent quantitative cryptocurrency trading firm and the sister company…
Crypto analyst Spartan Trader has highlighted the multiple opportunities that Solana presents for investors. This came as SOL attempts to break above $200, a level which crypto analyst Ali Martinez has suggested could spark a massive run. Solana Is Flashing Multiple Opportunities In a TradingView post, Spartan Trader declared that Solana is presenting multiple opportunities…
Solana remains bullish on the daily chart, cruising within a strong ascending channel and pushing toward the mid-range with fresh upside momentum. However, short-term weakness on the hourly chart shows price slipping below key moving averages, signaling potential pressure. Daily Chart Holds Bullish Structure GodstarPL, in a detailed update posted on X, emphasized that Solana…
Solana has continued to fluctuate between bullish and bearish momentum with no definite break in a particular direction. Amid this, there have been retests of both resistance and support levels with no outcome, and this has contributed to the formation of a head and shoulders pattern. With this development, the Solana price is now looking…
Solana is seeing a sharp rise in institutional demand, with publicly traded companies now holding over $591 million worth of SOL. According to new data from CoinGecko, four firms—Upexi, DeFi Developments Corp, SOL Strategies, and Torrent Capital—have collectively acquired more than 3.5 million SOL, marking one of the strongest waves of corporate accumulation in the…
Solana Mobile has officially begun global shipments of its second-generation Web3 smartphone, the Seeker, to over 50 countries, and its launch has directly impact the Solana price. With more than 150,000 pre-orders and a feature-rich design tailored for crypto users and developers, the device is already igniting renewed bullish sentiment in the Solana (SOL) ecosystem….
While Solana’s price has gained upside traction, many treasury companies are beginning to purchase the altcoin at a significant and rapid rate to boost their treasury holdings. One of the treasury companies that has showcased robust confidence in SOL and has gone on a buying spree is Defi Dev Corp. DeFi Dev Corp Doubles Down…
Popular market analyst and key opinion leader (KOL), Ted Pillows, shares an insight into the Solana (SOL) market, stating the altcoin is likely to experience further price corrections in the short term. This price forecast comes amid a general crypto meltdown during which Solana prices have crashed by over 15% in a week. SOL Charts…
Solana (SOL) is attracting renewed institutional attention as major asset managers including Franklin Templeton, Grayscale, VanEck, and Fidelity have updated their spot Solana ETF filings with the U.S. Securities and Exchange Commission (SEC). While the token’s price briefly dipped following the news, long-term indicators suggest this move could be a major bullish trigger. Asset Managers…