Cointelegraph·
Bulls abandon ship as SOL futures open interest dropped 30% in May. With the price weakening near $80, Solana may be destined for new lows.
Read full articleAnchorage Digital has taken a strategic investment position in SLX, the native token of Solana-based protocol Solstice. The move adds another regulated institutional player to Solstice’s network as demand grows for auditable onchain yield products. Solstice Attracts Anchorage Digital Investment After $400M TVL Milestone Anchorage Digital has taken a strategic investment position in SLX, the […]
Solana is approaching a pivotal moment as price continues to defend a key multi-year support zone near the $79 level. After months of consolidation and repeated failed breakouts, growing signs of accumulation are now fueling speculation that SOL could be preparing for its next major upside attempt. SOL’s $79 Support Emerges As The Most Critical Level On The Weekly Chart Strategist Scient identifies two critical price levels that define Solana’s macro landscape: the 2024 low at $79 and the impulsive high at $210. This $210 level is particularly significant, as it marks the peak of the 2021 altseason. Since that time, the market has attempted to reclaim this threshold on three separate occasions, only to be met with rejection each time. Related Reading: Solana Price Structure Suggests Temporary Recovery Before Next Major Decision The narrative of these failed breakouts reveals a challenging multi-year structure, with the second rejection, originating from the 2024 lows, igniting a year-
Crypto ETF flows remained under pressure on Thursday, May 28, as bitcoin funds posted a ninth straight day of withdrawals and ether products stretched their outflow streak to 13 sessions. Smaller altcoin vehicles, including XRP, HYPE, and Solana ETFs, drew modest inflows, but not enough to shift the market’s defensive tone. Bitcoin ETFs Fall Below […]
A clear overview of Jito on Solana: what it is, the problems it targets, token mechanics, ecosystem role, risks, and practical takeaways. The post Jito Explained: Solana MEV Optimizer And Token Guide appeared first on BiteMyCoin.
The oil price drop highlights ongoing geopolitical instability and infrastructure challenges, impacting energy markets and investor strategies. The post Oil prices tumble over 20% in May, marking worst month since 2020 appeared first on Crypto Briefing.
The world's biggest PC maker surged 109% in May after AI revenue hit 38% of quarterly sales. Goldman Sachs more than doubled its target.
The oil price drop highlights ongoing geopolitical instability and infrastructure challenges, impacting energy markets and investor strategies. The post Oil prices tumble over 20% in May, marking worst month since 2020 appeared first on Crypto Briefing.
Solana’s institutional footprint just got meaningfully larger, though the price action has yet to follow. Forward Industries, the Nasdaq-listed SOL treasury company, is set to join the Russell 2000 and Russell 3000 indexes. The timing makes the update interesting because Solana itself is still fighting to recover stronger momentum. SOL is currently trading around $80, […]
