TronWeekly

Crypto World News

You are here: Home / All Posts

All Posts

AAVE Price Signals Local Bottom as RSI Divergence Emerges at Key Support

By | Edited By Ammar Raza,,

AAVE shows potential local bottom as price retests key support within a long-term descending channel, with RSI divergence suggesting weakening downside momentum for the AAVE price. It is consolidating with low volatility and a flat MACD, while Aave V4 sees steady loan growth and rising adoption.

At the time of writing, AAVE is trading at $88.31 with a 24-hour trading volume of $192.3 million and a market capitalization of $1.36 billion. Following the signs of stability over the last 24 hours, now everyone’s focus is on whether AAVE can maintain its momentum.

AAVE current price

Source: CoinMarketCap

AAVE Price Divergence Hints at Local Bottom

According to the crypto analyst Scient, the AAVE price is retesting a key technical support zone after an earlier scalp trade failed to evolve into a swing move. 

The AAVE price is now sitting at the value area low of a major daily range, which also aligns with the lower boundary of a long-standing descending channel since late 2024, forming strong confluence.

AAVE price prediction

Source: Scient’s X Post

For the short term, there are indications that a three-drive formation is possible, alongside bullish RSI divergence on the 4H timeframe, which could mean that there is waning downward pressure on the AAVE price. 

Even though this could imply the end of a downtrend, traders have not ruled out a liquidity sweep below the support level.

AAVE Technical Indicators Point to Tight Consolidation

According to TradingView, the AAVE price has entered into a prolonged bear phase, which has now transitioned into consolidation. 

The AAVE price is hanging on to the lower Bollinger Band at $85.91, which is acting as a strong support level. The tightening of the upper bands indicates that the volatility has fallen dramatically, like the coils of a spring, prepared to break free soon.

AAVE technical analysis

Source: TradingView

The MACD signal matches this slowdown, as the lines sit flat and far in negative territory. The barely visible histogram bars show subdued buying pressure from both sides. 

A breakout through the 20-day SMA level of $93.69 or an outright MACD crossover would kick-start the next major trend move for the AAVE price.

Aave V4 Model Drives Consistent Loan Growth

The data from Kolten further highlighted that since the launch of Aave V4, active loans on the protocol have increased weekly, reflecting steady traction despite the conservative approach adopted in terms of caps placed on borrowing and supplies. 

While ensuring security is key to mitigating risk on the platform, its user-friendliness makes it an attractive platform for individuals seeking a stable network.

Aave V4 active loans

Source: Kolten’s X Post

A consistently rising trend of utilization in borrowing from Aave V4 points to initial success owing to its new market structure and stringent risk-management policies. 

Despite limited exposure, people are increasingly turning towards Aave V4 as a platform. At this rate, Aave V4 has the potential to become a fundamental lending platform in decentralized finance.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: AAVE Price Climbs 4% As Falling Wedge Signals Breakout Setup

Uniswap Enters Accumulation Phase: UNI price Could Surge Above $4 Ahead

By | Edited By Ammar Raza,,

Uniswap (UNI) is at a long-term support zone after years of decline, showing early signs of recovery. Momentum indicators like RSI and MACD signal strengthening bullish pressure for the UNI price. Despite past volatility, Uniswap remains a leading DEX and is increasingly seen as core infrastructure for tokenized finance.

At the time of writing, UNI is trading at $3.61 with a 24-hour trading volume of $220.57 million and a market capitalization of $2.29 billion. Following the 4.22% gain over the last 24 hours, the UNI price is expected to reach new highs in the coming sessions.

UNI current price

Source: CoinMarketCap

UNI Price Holds Critical Zone After Multi-Year Decline

According to the crypto analyst Daan Crypto Trades, the UNI price is currently sitting at a long-term technical zone resembling its early 2020 launch range, despite years of market cycles and expanded supply. 

The UNI price previously marked major tops over five years ago and again during the late-2024 altcoin cycle when much of the sector peaked.

UNI price prediction

Source: Daan Crypto Trades’ X Post

Despite prolonged downside pressure, Uniswap remains the leading on-chain DEX by volume, processing billions in trades even through bear conditions. 

Major unlock events are largely behind it, reducing supply pressure. Traders are watching the $4 weekly level closely as a potential structural shift, while many view UNI more as a long-term hold than a short-term trading asset.

Also Read: Uniswap Rally Strengthens: Can UNI Price Surge to $50 Amid DeFi Revival?

Momentum Indicators Point to a Recovery Phase

According to TradingView, the UNI price sees strong bullish reversal following its protracted pullback after its high of $4.10. 

UNI price rallied quickly from lows of around $3.40, surging to highs of $3.60860. The rapid advance broke through short-term resistance, but a slight retraction is indicated by a single small red intraday candle.

UNI momentum indicators

Source: TradingView

The momentum indicators suggest that the ongoing uptrend is sustainable for the UNI price. This can be seen from the fact that the RSI has climbed to 57.82, surpassing its signal line, which suggests an increase in buyers’ power. 

The MACD, on the other hand, shows a bullish crossover as the histogram bars continue to widen with the MACD crossing at 0.00230.

Uniswap Positioned as Key Liquidity Layer in Tokenized Finance

The data from niko further revealed that the Standard Chartered Bank, which has about $900 billion worth of assets, believes that decentralized finance (DeFi) has reached the maturity stage as far as being the foundation of market infrastructure is concerned. 

By 2028, it expects up to $4 trillion worth of tokenized assets to transact on-chain through stablecoins and real assets, including bonds and stocks.

Uniswap Positioned as Key Liquidity Layer in Tokenized Finance

Source: niko’s X Post

As part of this system, decentralized exchanges such as Uniswap would serve as the foundation for liquidity for tokenized markets. Instead of relying on intermediaries, liquidity pools with constant trading would be used. 

This would place Uniswap at the center of this new paradigm, with real-world assets and stablecoins flowing along digital financial rails.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: Uniswap Eyes Breakout: Can UNI Price Break $25 After Strong Support Defense?

Tether Strengthens Global USDT Payment Adoption With 200K Merchant Integration

By | Edited By Messam Raza,,

USDT payment adoption took another step forward as Tether’s newest collaboration with LydianPay and Shift4 made the stablecoin available across over 200,000 merchants.

At nearly $69 billion in market capitalization, Tether USDt is the largest stablecoin by far. It is used extensively as an intermediary vehicle for transacting across crypto exchanges, through payments and across borders. At press time, the coin is trading at $1.00 with a decrease of 0.02% over the past 24 hours.

Tether Announces USDT Payment Adoption Integration

In recent post on X ,Tether announced that “@lydianpay has partnered with @Shift4 to bring seamless USD₮ payment capabilities to its ecosystem of over 200,000 merchants.“

The company also highlighted improvements to the “Pay with Crypto” experience, allowing customers to pay with USDT while merchants receive settlements in local fiat currencies.

This could support wider USDT payment adoption among users and merchants. Tether is expanding its market presence, and the adoption rate of USDT could increase if more merchants begin accepting it as payment.

The expansion of USD₮ shows that crypto payments are seeing wider real-world use and highlights the growing role of stablecoins in payment systems and merchant services.

In particular, the partnership between Tether, Shift4 and LydianPay could further strengthen the position of USDT within the broader payment ecosystem if merchants continue to adopt USD₮.

Also Read: South Korea Stablecoin Rules Heat Up as Tether Files Seven Trademarks

Chart Reflects Stable USDT Payment Adoption Trends

Tether’s TradingView chart shows that while USDT dominance continues to remain stable near the 7.4% support level while holding above the 200-day moving average.

The chart reflects continued demand for USDT liquidity across the crypto market even as Tether expands its payment infrastructure through new merchant integrations.

In addition, the 50-day moving average remains above the 200-day moving average, while the Relative Strength Index (RSI) stays near the neutral 55 level, indicating balanced market momentum for the stable coin.

Chart Reflects Stable USDT Payment Adoption Trends
Source: TradingView

While the cryptocurrency market continues to be volatile and external market conditions could still impact the adoption rate for USD₮, Tether’s latest expansion highlights the growing role of stablecoins within real-world payment infrastructure.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: Tether and LemFi Partnership Increases Stablecoin Adoption in Cross-Border Payments

QNT Price Holds Key Support as Bulls Eye Long-Term Recovery Toward $670

By | Edited By Ammar Raza,,

Quant (QNT) has shown relative resilience by holding a key long-term support despite a weak broader altcoin cycle, though its overall structure remains bearish with strong overhead resistance for the QNT price. Momentum is neutral and consolidating, while rising derivative activity and stable volume reflect growing engagement.

At the time of writing, QNT is trading at $73.66 with a 24-hour trading volume of $8.92 million and a market capitalization of $889.31 million. Despite the signs of stability over the last 24 hours, QNT holds above the long-term support zone, which keeps the bullish reversal intact.

QNT current price

Source: CoinMarketCap

QNT Price Holds Key Support With $670 in Focus

Furthermore, the crypto analyst CryptoBullet highlighted that the QNT price has shown unusual resilience in a weak altcoin cycle, holding its June 2022 low while many assets broke key supports. 

This stability is viewed as a structural signal rather than short-term strength, suggesting possible long-term accumulation. Traders see this level as critical in defining whether the asset maintains a broader bullish framework.

QNT price prediction

Source: CryptoBullet’s X Post

With the QNT price remaining above the lows seen in 2022 all the way until November 2026, the outlook appears to be more positive in the extended time frame of 2027-2029. 

With this scenario playing out, projections point towards the emergence of a possible all-time high ranging from $400 to $670, owing to improved liquidity and growth in the market.

Also Read: QNT Price Shows 60% Upside Potential as Bulls Challenge Resistance Trendline

Technical Indicators Point to Consolidation Phase

According to TradingView, the QNT price exhibits a bearish trend, which is characterized by a series of lower lows and lower highs. 

The QNT price trades below all three exponential moving averages (EMAs) at 50, 100, and 200 periods. However, a short-term consolidation pattern seems to be forming at around $60.50 in a bid to move back above the 20 EMA of $73.58.

QNT technical analysis

Source: TradingView

With regard to the above-mentioned price action, the 14-period RSI indicator is seen sitting near the balanced level of 48.63. 

The current position shows that the previous downtrend has now cooled down to become a sideways trend. Momentum is balanced, meaning that the buyers and sellers are both equally powerful.

QNT Derivative Data Point to Improving Outlook

However, QNT’s open interest increased by 8.64% to reach $22.17 million. The higher open interest implies that traders are locking capital into the derivatives market, thus expressing their confidence. This could be a result of changes in the market sentiment coupled with increased position-taking.

QNT open interest and volume

Source: Coinglass

The volume remained stable at $29.11 million, indicating sustained participation and liquidity in the market. Traders maintained their level of trading without any sudden changes, reflecting a stable attitude among traders.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: QNT Price Breakout Targets $360 Rally After Reclaiming Key Moving Averages

Bank of England Advances UK Stablecoins and Digital Payment Rules

By | Edited By Messam Raza,,

The Bank of England has strengthened its digital payments agenda as officials prepare new rules for UK stablecoins. Deputy Governor Sarah Breeden said regulated digital money, tokenized deposits, and a possible digital pound could operate beside the existing payment systems.

Speaking at City Week 2026 in London, Breeden said tokenized finance could make payments faster, cheaper, and more efficient. She said shared digital ledgers and smart contracts could reduce delays by automating payment and settlement.

Also Read: UK Launches Blockchain Water Credits Through YTLE and Hypercube Partnership

UK Stablecoins Could Expand Payment Competition

The system needs to evolve for the growth of digital finance, the bank said. Breeden warned that activity could move outside regulatory oversight if authorities do not modernize payment infrastructure.

The central bank is collaborating with the Financial Conduct Authority and the sector with regard to the future generation of UK payment systems. It contains regulations for stablecoins, tokenized deposits, and infrastructure associated with digital asset networks in the UK.

Regulators are looking for greater competition in payments. UK stablecoins and tokenized bank deposits could be used by consumers in the near future, alongside traditional bank money, for day-to-day purchases.

All forms of digital currency should also be easily convertible, Breeden said. Convertibility would help to safeguard trust and financial stability throughout the system, she said.

The bank plans to publish draft rules for systemic UK stablecoins next month. It plans to complete the framework later this year, after considering other proposal options and comments from crypto companies.

Source: The Times

The previous plan had a £20,000 cap on holdings of any one sterling stablecoin during the initial rollout phase. Digital asset firms criticized the proposal, claiming stringent restrictions would hinder adoption.

UK Stablecoins Face Reserve Rule Concerns

Reserve rules became a major concern. Under the previous proposals, issuers would be required to hold a minimum of 40% of the reserves in interest-free central bank deposits.

Crypto companies stated that such conditions may affect the strengthening of the market. Financial institutions are less interested in strict reserve rules and more in compliance, interoperability, and more efficient settlement systems, said Marcos Viriato.

The bank is also building tokenized finance infrastructure in wholesale markets. Sixteen companies such as London Stock Exchange Group and HSBC are set to offer tokenized trading and settlement in the UK’s Digital Securities Sandbox.

Additionally, officials have plans to shift settlement hours to near 24 hours over the coming years. By 2027, the bank wants to directly link to tokenized asset networks.

The broader proposal outlines the potential for UK stablecoins, tokenized deposits, and the digital pound to play a role in the payment system of the future in the United Kingdom. The bank says modernization is needed as digital finance grows within regulated channels.

Also Read: XRP Ledger Eyes 2035 Quantum Shift After Ripple’s Powerful Security Partnership

Tether Expands Bitcoin Treasury Control With SoftBank Buyout

By | Edited By Messam Raza,,

Tether International has acquired SoftBank’s full stake in Twenty One Capital, tightening control over the Bitcoin treasury company co-founded by Jack Mallers. The deal also comes as Tether advances a proposed merger involving Strike and Elektron Energy for expansion plans.

The acquisition removes one of Twenty One Capital’s major outside ownership blocs. It also shifts the company closer to Tether’s control as a public-market Bitcoin vehicle.

Twenty One Capital was introduced in April 2025 through a business combination with Cantor Equity Partners. At launch, the company said it expected to hold more than 42,000 BTC.

Also Read: XRP Ledger Eyes 2035 Quantum Shift After Ripple’s Powerful Security Partnership

Twenty One Capital Built Around Bitcoin Treasury Model

It would have been the third largest corporate Bitcoin treasury in the world. The company also had an implied enterprise value of $3.6 billion.

The valuation was based on a 10-day average reference price of Bitcoin of $84,863.57. The structure placed Bitcoin at the center of Twenty One Capital’s business model from the beginning.

Jack Mallers said markets need reliable money to measure value and allocate capital efficiently. Bitcoin is the answer, and Twenty One would take that answer to the public markets,” he said.

Tether CEO Paolo Ardoino also endorsed the launch. Twenty One would be going for a Bitcoin-first strategy, he said, and accumulation rather than speculation.

The SoftBank buyout now changes the company’s sponsorship structure. It marks a shift for Twenty One from a three-party backing system with Tether, SoftBank, and Bitfinex.

According to Bloomberg, Tether has made a proposal to merge Twenty One Capital with Strike and Elektron Energy. The proposal would involve establishing a wider Bitcoin-oriented group of business lines.

Tether Builds Wider Bitcoin Treasury Structure

The new company would involve a Bitcoin treasury, payment solutions, financial infrastructure, and mining. It would make Twenty One more than just a balance sheet Bitcoin play.

Tether had already added 4,812 BTC worth about $458.7 million to Twenty One’s treasury before its listing. That lifted the reported total at that stage to 36,312 BTC.

According to the earlier plans, Tether planned to put up 23,950 BTC. SoftBank was to contribute 10,500 BTC, while Bitfinex would contribute approximately 7,000 BTC.

Those Bitcoin holdings were expected to convert into shares priced at $10 each. This model was directly tied to the company’s public market structure and the Bitcoin treasury position.

Twenty One Capital has also been portrayed as a challenge to the corporate Bitcoin model of Strategy. The company planned to use Bitcoin per share and Bitcoin return rate as performance measures.

With the latest move, Tether has gained enhanced influence in the direction of Twenty One Capital. It also depicts the way the company is developing a bigger Bitcoin treasury strategy with reserves, payments, mining, and public equity markets.

Also Read: Trump IRS Shock: $1.776B Deal Ends $10B Tax Fight

Morgan Stanley Updates Solana ETF Filing With Staking Plan

By | Edited By Messam Raza,,

Morgan Stanley has advanced its Solana ETF plan with an amended filing that adds staking, custody, and operating details. The update gives investors a clearer view of the proposed trust as U.S. crypto fund competition moves beyond Bitcoin and Ethereum.

The filing was submitted on May 20 and updates the proposed Morgan Stanley Solana Trust. If cleared by regulators, the product is expected to trade on NYSE Arca under the ticker MSOL.

The amendment fills in a number of placeholders in the firm’s filing from January. It also outlines how the trust would track Solana, manage assets, pay out rewards, and facilitate creation or redemption activity.

Also Read: Circle CCTP Launch on Stellar Boosts Cross-Chain USDC Transfers

Morgan Stanley Outlines SOL Staking Plan

According to the document, the trust aims to reflect the performance of Solana’s native token, SOL. It will use the CoinDesk Solana Benchmark at 4 p.m. New York Settlement Rate.

The trust also aims to add staking rewards to its total return after expenses. Morgan Stanley stated that the fund will adopt a passive strategy and will not employ any leverage, derivatives, or speculative trading methods.

The major difference is that it has been expanded with a detailed staking frame. The trust can stake 100% of its SOL holdings, subject to the liquidity, regulatory, and redemption requirements.

Staking will be carried out through third-party providers. These providers will be selected by the custodians or approved by the sponsor.

Source: X

According to the filing, the private keys will remain under the control of custodians. Staking providers will not be granted the right to transfer, withdraw, or otherwise control the assets of the trust.

Rewards are expected to be distributed monthly when practical. Distributions will be at least quarterly if monthly payments are not possible.

Morgan Stanley Names Custodians for Solana Trust

Morgan Stanley has appointed BNY Mellon and Coinbase Custody Trust Company as the custodians for SOL. The sponsor will have discretion to divide assets between the two custody providers.

The filing also identifies CSC Delaware Trust Company and AGS Trustees Limited as trustees. Their tasks are connected to the legal and administrative framework of the trust.

According to the amended prospectus, the number of shares to be issued in creation and redemption baskets will be 10,000. The initial seed investment should involve 50,000 shares and approximately $1 million in proceeds.

The document states, however, that the numbers are subject to change prior to the date of registration. It also outlines both cash and in-kind creation and redemption processes.

Authorized participants will be liable for cash transaction slippage. That detail explains how trading costs might be managed if shares are created or redeemed.

The update shows Morgan Stanley’s push into regulated digital asset products. It ranks the firm with financial institutions for crypto ETF access in the United States.

Also Read: XRP Ledger Eyes 2035 Quantum Shift After Ripple’s Powerful Security Partnership

Solana Overtakes Ethereum With $1.23B in RWA Lending

By | Edited By Ammar Raza,,

Solana has moved ahead of Ethereum in the real-world asset (RWA) lending sector, according to recent market data showing Solana reaching $1.23 billion in RWA lending volume compared to Ethereum’s $1.13 billion.

The development highlights the growing role of Solana in tokenized finance, an area that has gained significant attention from institutional and blockchain firms during the past year. Analysts say the shift reflects increasing demand for faster and lower-cost blockchain infrastructure for tokenized assets.

Solana Expands Its Presence in the RWA Market

Asset tokenization in real-world asset sector is defined as the creation of tokens for the conventional financial instruments like treasury bills, bonds, credit facilities, and money market securities.

In the past one year, Solana has made inroads into this sector, with more projects creating tokenized financial instruments on the Solana platform. The RWA lending volume on Solana rose recently to $1.23 billion, surpassing that of Ethereum.

Solana expands its presence in the RWA market
Source: RWA.xyz

As per market analysis, it can be said that the reduced cost of transactions and the faster processing speed of SOL might have helped it grow recently. It has been gaining popularity among developers who are working on different projects related to the blockchain network for their tokens. As adoption expanded, SOL’s role in decentralized finance evolved beyond memecoins and retail trading activity.

The broader Solana RWA ecosystem also recorded strong growth during the first quarter of 2026. Reports indicated that the network’s total RWA value rose roughly 43% quarter-over-quarter to nearly $2 billion. This increase positioned SOL as one of the fastest-growing blockchain networks in the tokenized asset sector.

Also Read: Solana Becomes No. 2 RWA Chain With $2.8B Value

BlackRock BUIDL Growth Supports RWA Expansion

Another factor that has contributed significantly towards the development of tokenized assets on Solana is the increase in institutional offerings, such as the BUIDL fund of BlackRock. Data from the market indicated that there was a doubling of the size of the tokenized fund within a quarter, owing to the increase in the interest from institutions in the blockchain-based finance space.

Institutional adoption of tokenized treasury and lending products has become a major trend within digital asset markets. Large asset managers and financial firms are increasingly exploring blockchain networks to improve settlement speed and operational efficiency. SOL’s infrastructure has emerged as an alternative option for firms looking to scale tokenized financial applications.

Ethereum Maintains Strong Position Despite Shift

Even though SOL has surpassed Ethereum when it comes to RWA loans, Ethereum is one of the biggest blockchain networks within decentralized finance. The network still houses several major lending projects, stablecoins, and even tokenization projects. Institutions still use Ethereum due to the fact that it has a robust development ecosystem and liquidity.

But as network costs rise and the challenges of scalability become more prominent, it has led some projects to consider alternative blockchains. The success enjoyed by SOL in recent times is an indication that competition in the blockchain space is heating up as adoption by institutions picks up. Market participants are closely monitoring whether Solana can maintain its momentum over the coming quarters.

RWA Sector Continues Rapid Growth in 2026

The tokenized real-world asset market has grown rapidly during 2026 as institutional participation increased across the crypto industry. Tokenized treasury products, lending protocols, and yield-bearing stablecoins have become some of the fastest-growing areas within decentralized finance. This growth has attracted both crypto-native firms and traditional financial institutions.

According to industry experts, RWA can continue to grow as regulatory standards are established in some areas. Many financial institutions see the use of blockchain as a settlement process as an opportunity for saving money and increasing transparency. Growth in Solana’s RWA market indicates that blockchain competition is changing according to institutional needs.

Also Read: Solana Price Faces Key Rejection at $98 as Downtrend Pressure Builds

Cardano RWA Expansion Sparks Bullish ADA Outlook Toward $0.27

By | Edited By Athulyamol VS,,

As Cardano RWA Expansion gains attention, Cardano (ADA) is showing stability as traders watch for a possible move toward $0.27.

Cardano is a blockchain platform that is focused on scalability, smart contract creation, research-based development and increasing its overall market presence in DeFi (decentralized finance) and tokenization ventures through continued Cardano RWA Expansion efforts.

At press time, ADA was trading at around $0.2499 with an increase of nearly 0.68% over the past 24 hours.

ADA Price Stabilizes Near $0.25

Based on the TradingView chart, ADA is currently trading within the center line of the Bollinger Bands around the $0.2611 region after experiencing rejections at (local) resistance.

Despite having been pulled back, Cardano remains above the Bottom Bollinger Band which corresponds with the lowest level for data at $0.2393. As such, the downside pressure is still contained relatively well.

The MACD (moving average convergence divergence) indicator has also shown that there is a weakening in bullish momentum, as evidenced by the movement of the MACD line below its signal line accompanied by histogram bars becoming slightly negative.

But overall, the overall technical structure still indicates that ADA appears to be trending in a consolidated manner rather than experiencing any significant breakdown.

ADA is still presently able to defend the $0.24 support area and is expected to remain a significant level of support if buyers attempt again to push prices higher toward the previously mentioned resistance zone of $0.27. The ongoing Cardano RWA Expansion narrative may also help maintain positive market sentiment surrounding ADA.

ADA Price Stabilizes Near $0.25
Source: TradingView

Also Read: Cardano Technical Analysis Reveals Make-or-Break Zone Between $0.249 and $0.317

Cardano RWA Expansion Gains Attention

The Cardano Foundation X (formerly Twitter) account recently posted information on Cardano Academy’s newest initiative dedicated to educating about blockchain through their new Real-World Asset (RWA) case study.

The post read, “A live case study on RWA tokenization is live on Cardano Academy!” and stated, “Discover how real-world asset tokenization is possible using Cardano’s live asset tokenization and infrastructure.”

The focus of this update is the growing interest across the blockchain industry for asset tokenization; as interest grows in asset tokenization, continued development of both education and infrastructure by supporting real asset use cases can help build confidence in the long-term future of the blockchain.

The broader Cardano RWA Expansion narrative also reflects increasing interest in practical blockchain adoption.

In conclusion, ADA is currently consolidating as traders monitor ongoing Cardano ecosystem developments.

The potential for support at approximately $0.24 combined with continued interest in Cardano RWA Expansion may keep ADA near the top of the overall cryptocurrency market.

The cryptocurrency market remains highly volatile, and price fluctuations can be influenced by changes in general market conditions and investor sentiment.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: Cardano Price Could Rally Toward $2.67 Amid Rising Institutional Interest

Solana Price Analysis: Will $84 Support Trigger a SOL Rebound?

By | Edited By Ammar Raza,,

Solana price analysis remained focused on defended support on Wednesday, May 20, after the latest weak move. Buyers stayed active near a key demand zone, while analysts watched whether the token could regain momentum or face another test of lower support in coming sessions.

At the time of writing, Solana is trading at $84.62, showing a decline of 0.15% in the past day. The trading volume is down by 18.36% and is currently standing at $2.58 billion. Over the last week, the SOL coin price has decreased by 8.15%, according to CoinMarketCap.

Source: CoinMarketCap

Also Read: Zcash Price Eyes 8% Surge After Strong 74% Rally

Solana Price Analysis Eyes $90 Recovery Zone

Crypto analyst BitGuru highlighted that Solana has started showing signs of stabilization after its recent downtrend. He said the price is responding off a solid support level around $84, where the buyers once again stepped in.

On the other hand, if the momentum becomes strong, SOL may overcome the resistance level between $87 and $90. That sentiment has maintained the Solana price analysis on a potential rebound, which still requires more volume.

Source: X

Moreover, another analyst, More Crypto Online, mentioned that Solana remains caught in a sideways range. Moreover, he noted that the token has not seen a significant shift since the last session, limiting short-term price action.

The analyst also indicated that there is pressure in the short term from the downside. However, if market structure improves, Solana may be able to resume the C-wave uptrend, he added.

Source: X

The analyst also added that there is still no sign that a local low has formed. Meanwhile, in the Solana price analysis, he pointed out the next support level at $81.30 in case of a continuation of selling pressure.

SOL Trades Below EMAs as BB Show Weakness

From a technical perspective, SOL remains below its key short-term moving averages. The 20-day EMA stood at $87.84, while the 50-day EMA stood at $87.66. Both of these levels were above the current price and acted as near-term resistance in Solana price analysis.

Weak trend conditions also prevailed for the longer EMA structure. The 100-day EMA stood at $92.97, while the 200-day EMA stood at $109.59. As for the broader trend, SOL needs to recover from these higher levels.

Source: TradingView

Limited upside strength was also present on the Bollinger Bands (BB). The middle band stood at $88.59, the upper band at $97.23, and the lower band at $79.95. SOL remained in the middle band with the price closer to support.

Open Interest Rises as Futures Volume Declines

CoinGlass data shows weaker derivatives activity during the same period. The futures volume declined 26.45% to $5.80 billion, and open interest increased 0.91% to $5.64 billion. The SOL OI-weighted funding rate stood at 0.0005%.

Source: CoinGlass

Liquidation figures indicated that bulls were under greater pressure. Total liquidations over the past 24 hours were $3.61 million, including long positions of $2.92 million and short positions of $691.06K.

Source: CoinGlass

The recent Solana price analysis indicates that the support has been defended and positioning is weak. For now, $84 remains an immediate support zone, while $87 to $90 is the first recovery area if buyers regain control.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: JASMY Price Prediction: Fractal Setup Hints at a Rally Toward $0.055