Solana Shows Daily Bearish Pressure Alongside Short-Term Stabilization Signals
Technical analysis of Solana indicates ongoing downward pressure on daily timeframes despite emerging signs of stabilization.
Solana reaches record 4.2 billion monthly transactions despite SOL price decline
The Solana network processed 4.244 billion transactions in July, a new high, even as the SOL token lost value.
Solana active wallets reach 609,000 as Bitwise ETF accumulates SOL
Solana's network shows growth in active wallets while institutional investment vehicles expand their holdings.
BlackRock launches tokenized fund on Solana blockchain
The investment giant has deployed a new tokenized fund to the Solana network.
BlackRock Launches Tokenized Money Market Funds on Solana, Ethereum
The world's largest asset manager has introduced tokenized funds designed to serve as reserve assets for stablecoins, expanding its blockchain presence to Solana.
BlackRock files SEC plan to issue tokenized fund shares on Solana
The world's largest asset manager has filed with regulators to issue tokenized fund shares on Solana, signalling deeper institutional commitment to blockchain-based finance.
Manufacturing Data and Iran Talks Drive Crypto Markets Higher
Strong US manufacturing data and geopolitical developments lifted risk assets, with Bitcoin reclaiming $63,800 amid broad-based gains.
Major Crypto Figures Compete at WSOP Final Table With $20M Solana Buy-Ins
Prominent cryptocurrency industry names are participating in the World Series of Poker final table with Solana buy-ins totalling more than $20 million.
Solana Proposes Daily Token Burns of Around 9,000 SOL
New Solana proposals could introduce automated daily burning of approximately 9,000 SOL tokens through network-level mechanisms.
ReconArt integrates reconciliation hub on Solana blockchain
ReconArt has connected its reconciliation hub to the Solana blockchain.
SUI consolidates near $0.69 as Foundation buyback programme expands
SUI traded near $0.69 after repeatedly defending the $0.65 support level, with the Sui Foundation continuing modest daily token purchases.
Bitcoin ETF outflows accelerate as capital rotates to altcoins
Spot Bitcoin ETFs posted net withdrawals last week while Ethereum and smaller cryptocurrency funds drew inflows, reflecting a shift in investor positioning.
TRON unlikely to overtake Solana in near term, analysts say
Foreign media commentary suggests TRON will not surpass Solana's ranking position in the short to medium term.
Solana faces selling pressure with $70 downside risk
Solana is under pressure as buyer interest weakens, creating risk of a significant price decline.
Technical Analysis Points to Potential 50% Solana Price Drop in August
Chart pattern analysis suggests Solana could face significant downside pressure in August based on technical indicators.
Solana Foundation CISO warns AI is making crypto scams more convincing
Artificial intelligence is amplifying social engineering attacks in crypto through deepfakes and phishing, according to the Solana Foundation's new security chief.
Cryptocurrency exploits reach record $1.1 billion in first half of 2024
Hackers stole $1.1 billion across 212 onchain exploits in the first six months, with North Korea-linked groups responsible for more than half the losses.
Solana Holds $70 Support Despite Heavy Whale Long Liquidations
SOL's ability to maintain key price levels after $16 million in long liquidations suggests underlying strength, though weak spot demand raises caution.
Google searches for Bitcoin and altcoins surge despite market decline
Search interest in major cryptocurrencies has risen sharply even as the total crypto market shed $62.98 billion in capitalization.
Token unlocks worth $1.28 billion scheduled for August
Crypto projects face a surge in token supply next month, with major unlocks potentially creating additional selling pressure across the market.
Solana posts 10th consecutive monthly loss as network fundamentals strengthen
SOL has fallen for ten consecutive months, yet on-chain metrics have improved following a network upgrade that enhanced throughput and reduced fees.
Solana investment analysis examines current buying opportunity
An investment analysis piece evaluates whether Solana presents a viable entry point for investors at prevailing market levels.
Solana technical setup signals extended losses ahead, August targets at risk
Technical indicators suggest Solana faces sustained downside pressure in August, with momentum tilted decisively toward sellers.
PUMP Token Gains 10% as Pump.fun Platform Activity Improves
The Pump.fun launchpad token rose 10% as protocol revenue activity strengthened, though whether this momentum will sustain remains uncertain.
Flowra integrates Honeypot compliance tools for Solana
Solana's orderflow and validator infrastructure platform partners with compliance provider to add sanctions filtering and regulatory safeguards.
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