Solana continues to trade within a cautious consolidation phase, with price action suggesting that a temporary recovery may develop before the market makes its next major directional move. While short-term momentum has started to stabilize, SOL still faces key resistance barriers that could determine whether the current bounce evolves into a stronger breakout or fades into another corrective wave. Solana Corrective Recovery Scenario Begins To Take Shape Focusing on the 1-hour timeframe, Elliott Waves Academy identifies a potential short-term recovery for Solana. This corrective move is modeled as wave (2)/(B), likely taking the shape of a complex double zigzag structure as the market attempts to stabilize after recent downward momentum. Related Reading: Solana Fails Channel Breakout—$78 Support The Next Destination? To confirm this recovery path, a decisive breakout above the upper boundary of the current diagonal pattern is key. Additionally, clearing the key resistance level tied to
A recent report highlighted three major reasons Solana (SOL) has struggled to keep pace with Ethereum (ETH), at least from a market performance perspective that goes beyond day-to-day price movements. Market expert Dominic Basulto from The Motley Fool pointed to factors that, in his view, have shaped investor sentiment and affected Solana’s momentum in key areas. The Meme Coin Hangover One of the most important drivers, Basulto said, is how many investors still associate Solana with the meme coin craze of 2024. During that period, Solana became the preferred destination for people minting and trading meme coins, and the conversation frequently included the idea of a “meme coin supercycle.” At its high point, the meme coin market was valued at around $150 billion. Today, Basulto said the segment is worth less than $40 billion, and many individual meme coins are still far below their 2024 highs. For some investors, according to the expert, the connection between Solana and that hype c
Regulatory clarity could drive institutional adoption, integrating public blockchains into traditional finance and expanding DeFi applications.
The post Grayscale report highlights Ethereum, Solana, BNB Chain, and Canton Network as regulatory clarity winners appeared first on Crypto Briefing.
The surge in data offload activity highlights growing consumer adoption of decentralized infrastructure, potentially reshaping telecom dynamics.
The post Solana DePIN revenue reaches $2.8M as data offload activity surges 17x in a year appeared first on Crypto Briefing.
The Agave v4.2 upgrade could significantly enhance Solana's transaction speed and efficiency, potentially boosting its competitive edge.
The post Solana’s Anza CEO discusses potential 200ms slots and Agave v4.2 upgrade appeared first on Crypto Briefing.
Momentum has continued to fade for Bitcoin following a broader market pullback, which has kept its price below the $80,000 mark. During the ongoing waning price action, one aspect of the market that is drawing significant attention is the activity of Bitcoin Long-Term Holders. Bitcoin Long-Term Holders Tighten Grip On Circulating Supply Bitcoin long-term holders […]
Solana spot volume falls below $10B after months of decline, while SOL trades near $87 and stays below the key $125 resistance. Solana spot volume has dropped below $10 billion after months of slower exchange activity. The decline follows a busy period in mid to late 2025, when SOL trading stayed above that level. Traders […]
The post Solana Spot Volume Drops Below $10B: What’s Next for Price? appeared first on Live Bitcoin News.
ETH shows signs of recovery, but one analyst warns the structure remains corrective. Here’s why $1,000 is still a real risk for Ethereum. Ethereum staged a recovery this week, pulling some traders back into optimism. But at least one analyst thinks that excitement is misplaced. According to Morecryptoonl on X, the current bounce still reads […]
The post Don’t Trust the Bounce: Ethereum’s Next Stop Could Be $1,000 appeared first on Live Bitcoin News.
