Pump.fun's sales strategy may continue to depress Solana's price, affecting market sentiment and reducing the likelihood of price recovery.
The post Pump fun sold another 122,498 $SOL ($10.08M) again today appeared first on Crypto Briefing.
The post Solana Breaks Bitcoin Downtrend as SOL Price Targets $90 Resistance appeared on BitcoinEthereumNews.com.
Key Insights Solana crypto breaks a year-long downtrend against Bitcoin as analysts keep a positive outlook on the coin. Crypto Scient sees a move toward $90 and points to the $78-$74 zone as a buying area on a pullback. Strong July returns over the past five years have kept Solana in focus among market watchers. Solana crypto returned to focus after Michaël van de Poppe identified a break above a year-long downtrend against Bitcoin. The relative-strength shift came as SOL traded near $80 and analysts watched for further upside. However, the SOL/BTC breakout does not automatically confirm a dollar-price breakout. On the SOL/USD chart, traders still face separate resistance before the token can approach higher targets. Solana Crypto Price Breaks Above Long Downtrend SOL price is attracting fresh attention after crypto analyst Michaël van de Poppe shared a positive view on th
G2 Esports' integration into the crypto ecosystem highlights the financial volatility and strategic risks tied to digital asset markets.
The post G2 Esports takes series lead over T1, and their Solana treasury is watching closely appeared first on Crypto Briefing.
The post XRP, Shiba Inu (SHIB), Solana (SOL) and Bitcoin (BTC) Price Analysis for June 8: Momentum Is Not Fueled Yet appeared on BitcoinEthereumNews.com.
Shiba Inu is still under a lot of pressure even though it appears to be stabilizing close to local lows. The meme coin is currently trading at about $0.0000044 after going through a protracted bearish trend for a few weeks, which has largely eliminated the recovery momentum that was observed earlier this year. For SHIB bulls, the daily chart presents a challenging picture. After supporting price action in March, April, and May, the asset recently broke out of a rising channel. Sellers swiftly regained control after that structure failed, pushing SHIB in the direction of its current range. Even though the token saw a slight increase in value in June, there wasn’t enough volume in the recovery to overcome significant resistance levels. SHIB/USDT Chart by TradingView From a technical standpoint, SHIB is still below the 50-, 100-, and 2
The post BTC, XRP, ETH news: Major tokens under pressure as U.S. attacks Iran appeared on BitcoinEthereumNews.com.
Bitcoin BTC$62,830.35 and the broader cryptocurrency market came under pressure Tuesday after the US and Iran exchanged aerial strikes, sending the dollar higher. BTC, the leading cryptocurrency by market capitalization, slipped to $62,657 in Asian trading hours, down nearly 1% since midnight UTC, according to CoinDesk data. Ether (ETH), XRP (XRP), and solana (SOL) fell between 1% and 2.3%. WTI crude futures jumped more than 2% to $72.27, while the Dollar Index held steady above 101.00, maintaining Tuesday’s gains. The U.S. said it launched “powerful strikes” against Iran following attacks on three ships in the Strait of Hormuz, including Qatari and Saudi tankers. In response, Iran said it targeted “85 US military installations” in retaliation for strikes on its Hormozgan and Mahshahr provinces. The scale of the escalation appears to have pushed the two nations’ ceasefire
The post BONK Treasury Loses $20M to Malicious Governance Vote appeared on BitcoinEthereumNews.com.
BONK News South Korea’s three largest digital-asset exchanges — Upbit, Bithumb and Coinone — placed BONK, the Solana-based meme coin, under a formal trading-caution designation on July 7. The exchanges’ official announcements state the flag took effect at 4:00 p.m. local time and runs through the first week of August, citing an unresolved security incident and the inadequate disclosure of material information. The coordinated action followed the draining of roughly 20 million dollars in BONK from the project’s decentralized treasury. Under the designation, each platform will conduct an additional review that could end in reinstatement or a full delisting, leaving holders facing weeks of uncertainty around the token’s exchange standing. On-chain data shows the exploit was executed entirely through legitimate transactions. An anonymous actor spent roughly 4.4 million dollars accumulating B
The post Solana Price Near $80 as Exchange Outflows Lift Bullish Bets appeared on BitcoinEthereumNews.com.
Key Insights: Solana price holds near $80 after $120M in SOL exchange outflows. SuperTrend shows a buy signal as $75 to $77 support stays key. World prediction market adds a fresh SOL crypto ecosystem catalyst. Solana (SOL) price slipped 1.85% recently, trading near $79.48 after a sharp weekly rebound. The pullback followed a 13.67% seven-day rise. Traders now must decide whether this is normal profit-taking or fresh weakness. Crypto market data shows SOL trading near $80, with a daily decline and more than $1.6 billion in 24-hour volume. About $120 million in SOL crypto reportedly left exchanges over the past week. That shift can reduce near-term sell-side liquidity when demand holds. Solana Price Steadies After Weekly Exchange Outflows Around 1.5 million SOL crypto moved away from trading platforms over the past week, according to market commentary from Ali Charts. Traders often
The post Solana’s Resurgence: A Sign of Renewed Potential in the Crypto Space appeared on BitcoinEthereumNews.com.
Solana has broken a nine-month streak of losses with its first positive monthly close since going through a prolonged bearish phase. This marks a potential turning point for the cryptocurrency, which saw its price and market capitalization increase significantly, adding approximately $14 billion in value. Continue Reading:Solana’s Resurgence: A Sign of Renewed Potential in the Crypto Space Source: https://en.bitcoinhaber.net/solanas-resurgence-a-sign-of-renewed-potential-in-the-crypto-space
The post Solana’s $8.7B RWA surge shows tokenized assets are finally starting to move appeared on BitcoinEthereumNews.com.
Solana’s real-world asset transfer volume more than doubled over the past month, giving the network a stronger signal that tokenized assets are beginning to circulate rather than sit on-chain after issuance. RWA.xyz showed Solana’s RWA 30-day transfer volume at $8.68 billion as of July 6, up 105.76% from 30 days earlier. Distributed asset value rose 36.27% over the same period to $3.48 billion. Solana’s own data showed a similar increase in turnover in a related market. The network said tokenized asset spot volume across decentralized exchanges grew from $2.69 billion in the first quarter to $5.7 billion in the second quarter. A year earlier, the figure was near zero. Solana Tokenized Asset Spot Volume (Source: Blockworks) Those figures are becoming more important as tokenization moves beyond early pilots. A tokenized fund share, equity wrapper or cash-equivalent i