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You are here: Home / Search for "Solana "

Search Results for: Solana

Solana Echoes Bitcoin’s Path—$500 Possible if Pattern Holds

May 7, 2025 by Kashif Saleem

  • Solana mirrors Bitcoin’s 2024 breakout pattern, holding firm around $140 after dipping to $120.
  • Analyst predicts Solana could surge to $500–$600, echoing Bitcoin’s 75% rally post-liquidity grab.
  • Whale stakes 194,000 SOL ($28.7M), signaling strong conviction in Solana’s long-term outlook.

Solana’s recent price action is sparking intrigue across crypto circles, as fresh analysis points to a scenario eerily similar to Bitcoin’s impressive 2024 breakout. 

On May 6, analyst Mister Crypto highlighted that Solana’s ($SOL) chart is shadowing the same structure that catapulted Bitcoin from $40,000 to above $70,000 earlier this year. The pattern shows SOL holding firm around $140, a zone Mister Crypto described as a critical juncture that could ignite its next leg up.

His detailed side-by-side chart reveals two prominent peaks followed by a pronounced dip, which he terms a “Liquidity Grab.” Bitcoin’s liquidity sweep preceded a sharp rally, and Solana’s movement seems to be mirroring it closely. After dipping to nearly $120, Solana has shown signs of stabilizing, hinting the correction phase might have bottomed out.

The chart shows Bitcoin rocketed by over 75% in early 2024 within a matter of weeks after this liquidity grab, suggesting potential fireworks ahead for SOL. If the pattern holds, Mister Crypto predicts altcoin might soar to the $500–$600 range. 

“$SOL looks identical to Bitcoin’s setup in 2024. Massive Pump Incoming!” he declared on X, underscoring his confidence in the unfolding pattern.

Solana
Source: Mister Crypto

Solana Whale Activity Boosts Confidence

Bolstering this outlook, a significant whale movement has added fresh momentum to its bullish case. Recently, a market heavyweight staked over 194,000 SOL, an investment worth around $28.7 million. This sizable commitment, spotlighted by Crypto Rover, is one of the larger single staking transactions Solana has seen in recent times.

💥BREAKING:

A WHALE JUST STAKED $28.7M WORTH OF $SOL

LETS GO 🚀 pic.twitter.com/Ajfm7liCzJ

— Crypto Rover (@rovercrc) May 3, 2025

Large-scale staking like this typically signals deep conviction in a network’s strength and long-term potential. Analysts view such moves as strong endorsements, especially when market conditions appear uncertain. When big players choose to lock up funds, it often reflects solid confidence in both the technology and future price prospects.

These whale moves are being closely watched by traders and analysts, with many interpreting the staking as a positive sign for Solana’s stability. Amidst an uncertain broader market, seeing high-value commitments provides reassurance that influential investors are betting on further gains.

Volatility Clouds Short-Term Outlook

Despite growing optimism, Solana faces its share of hurdles. The cryptocurrency has been volatile lately, hovering around $143 after struggling to break through higher resistance levels. A recent dip saw SOL retrace from nearly $155, slipping below key markers at $150 and $148, and hitting a low near $141.71.

SOLUSD 2025 05 06 20 53 29
Source: TradingView

Technically, SOL is currently trading beneath the 100-hourly simple moving average, a sign that bears still have some grip. Immediate resistance lies around $147, with a stronger ceiling near the $150 mark. If it fails to clear these levels soon, analysts warn it could resume its slide.

On the downside, support appears around $142. A breach of this could trigger further declines, potentially pulling the price down to $135 or even as low as $122 if selling pressure intensifies. Traders remain cautious, aware that while the chart pattern is promising, key technical levels need to flip for the rally to truly ignite.

Read More | Ethereum Accumulation Addresses Grow 22% Despite Falling Into Unrealized Losses

Filed Under: News Tagged With: Bitcoin (BTC), Cryptocurrency, price prediction, solana

Coldware Presale Demonstrates Similar Growth Patterns as Solana & Ethereum

May 7, 2025 by Vaigha Varghese

The rise of Coldware (COLD) has caught the eye of investors, and its presale success is showing similar growth patterns to that of Solana (SOL) and Ethereum (ETH) in their early stages. As the cryptocurrency market evolves, Coldware (COLD) has set the stage to follow in the footsteps of Ethereum and Solana, leveraging its unique Layer-1 blockchain and real-world asset (RWA) tokenization.

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Coldware’s Presale Success Mirrors Solana & Ethereum

Just like Solana and Ethereum, Coldware (COLD) is demonstrating a strong presale performance, with millions of dollars raised and growing anticipation among investors. Coldware’s unique value proposition lies in its ability to provide real-world asset (RWA) tokenization, which is a feature not yet widely offered by Ethereum or Solana. This innovative approach has sparked significant interest from investors who see the potential for Coldware to become a key player in the decentralized finance (DeFi) space.

Solana and Ethereum: Early Days of Growth

Both Solana and Ethereum experienced explosive growth in their early stages, with Solana gaining rapid attention for its scalability and Ethereum establishing itself as the primary platform for smart contracts and decentralized applications. The early presale phases of both tokens were marked by significant interest from both institutional investors and retail traders, and this trend is now evident in Coldware (COLD)’s presale.

AD 4nXd drg0OphR9KbGXwir0 hX iSbBG33BxXWFyirqFgWfeU0uYNALDGEYTBQzI vfQ8kzjYL0T466kCSd1cvZ5NRqt28ZQAQ rtUVR7yzEndjJUizJ PGfTmmnu1kpPGgp3Uu jXEptZNE QOFnJvQ?key=cEhXGWqOeOZ7H1RvJ1sgDX6R

Why Coldware’s Growth is Impressive

What sets Coldware (COLD) apart from other blockchain projects is its focus on real-world asset tokenization. As Solana and Ethereum look to expand their ecosystems, Coldware is addressing a critical gap in the market: the ability to connect traditional financial assets with decentralized applications. This feature provides greater stability to Coldware and differentiates it from other Layer-1 projects, including Solana and Ethereum, which primarily focus on smart contracts and dApp development.

As Coldware continues to gain momentum in its presale, it is rapidly moving towards achieving Ethereum-like status. The presale demonstrates strong growth, indicating that Coldware may soon rival Ethereum and Solana in terms of adoption and market value.

Coldware’s Long-Term Prospects

Looking ahead, Coldware’s integration of real-world assets (RWA) is expected to provide a stable foundation for the project’s growth. As the RWA tokenization space expands, Coldware is well-positioned to become the go-to solution for investors looking for decentralized access to traditional financial markets. This could put Coldware on a path to become a significant competitor to Solana and Ethereum, as both of these platforms work to address their own challenges.

The early success of Coldware’s presale demonstrates that Solana and Ethereum are not the only blockchains capable of delivering strong growth. By focusing on real-world asset tokenization, Coldware (COLD) has tapped into an emerging market that could propel the platform into the DeFi mainstream.

AD 4nXd drg0OphR9KbGXwir0 hX iSbBG33BxXWFyirqFgWfeU0uYNALDGEYTBQzI vfQ8kzjYL0T466kCSd1cvZ5NRqt28ZQAQ rtUVR7yzEndjJUizJ PGfTmmnu1kpPGgp3Uu jXEptZNE QOFnJvQ?key=cEhXGWqOeOZ7H1RvJ1sgDX6R

Conclusion: Coldware’s Path to Success

In conclusion, Coldware is demonstrating similar growth patterns to Solana and Ethereum in its presale, setting the stage for a potentially huge breakout in the blockchain space. By addressing the real-world asset tokenization gap, Coldware (COLD) is positioning itself as an attractive option for investors seeking more stability and real-world use cases in the DeFi ecosystem. As the presale continues to gain momentum, Coldware could soon emerge as a major player in the Layer-1 blockchain space, challenging the dominance of Ethereum and Solana.

For more information on the Coldware (COLD) Presale: 

Visit Coldware (COLD)

Join and become a community member: 

https://t.me/coldwarenetwork

Tweets by ColdwareNetwork

Filed Under: News, Press Release

Cardano’s Major Update Could Shatter Solana’s Coinmarketcap Position, Coldware Touches $0.00625

May 7, 2025 by Vaigha Varghese

As Cardano (ADA) faces increasing downward pressure and Solana (SOL) struggles with decentralization concerns, the emergence of Coldware (COLD) is quickly becoming one of the most talked-about tokens in the crypto space. Recently, Cardano’s price weakened ahead of a major update, and Solana faced an emergency upgrade to address security flaws. Meanwhile, Coldware continues to gain attention, touching a significant price of $0.00625, signaling strong growth potential and positioning itself as a formidable player in the crypto market.

In this article, we’ll explore how Cardano’s recent struggles could allow Coldware to capitalize on Solana’s difficulties and possibly even surpass these two giants in the near future. Cardano’s price has been on the decline, facing breakdowns at key support levels. 

Meanwhile, Solana’s emergency update has raised doubts about its true level of decentralization. These developments are setting the stage for Coldware to shine as a rising star in the cryptocurrency landscape.

AD 4nXevdwlHCBDk7 4xTEN9g1ZgcBoWdqyiiadoXKPBr6QQoW6hSdBNQJDX2pBsLLIPCwXqOa9QdeVPA6FY0iI vlWTAVjfZsz8AtQ D1pHNlqXtGkDZP623QhXgqNAM0me4XbF

Coldware’s Rising Potential

Amid these struggles from Cardano and Solana, Coldware is quietly gaining ground. Recently, Coldware (COLD) reached an important milestone, touching $0.00625 during its presale phase. The Coldware presale has been a success, with significant investment pouring into the project. Investors are recognizing Coldware’s strong use case, particularly its real-world asset-backed tokens and focus on security and decentralization.

Unlike Cardano and Solana, Coldware is positioning itself as a user-friendly alternative that provides real-world utility while maintaining a high level of decentralization. Its focus on privacy and security has made it a standout token, especially for those who have been disillusioned by the ongoing issues in both Cardano and Solana.

Coldware is steadily carving out a niche for itself in the crypto ecosystem. Its recent rise in price and the strong interest it is generating from both whales and retail investors suggest that it could soon surpass Solana and Cardanoin terms of adoption and market cap. As Cardano’s price remains weak and Solana grapples with technical issues, Coldware is rapidly positioning itself as a strong contender for the top spot.

Cardano’s Struggles and the Upcoming May 7 Update

The Cardano price has been under significant pressure lately, trading near $0.657 as of May 6, 2025. This price action is a clear sign of bearish momentum, with Cardano failing to break through the $0.68–$0.70 resistance band despite repeated attempts. The latest technical indicators signal a possible breakdown below $0.65, a critical support level that could trigger further price declines.

The Relative Strength Index (RSI) sits at 35, suggesting that Cardano is experiencing continued selling pressure but is not yet in oversold territory. The Moving Average Convergence Divergence (MACD) shows a widening bearish gap, indicating that the momentum is decidedly negative for ADA. Moreover, the failure to reclaim key exponential moving averages (EMA) is further proof of Cardano’s weak technical structure.

If Cardano breaks below the $0.65 support, the next target could be $0.625, followed by $0.60, where a major Fibonacci retracement zone resides. While Cardano’s long-term potential remains intact, its short-term outlook is far from promising, especially with the May 7 update looming.

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Solana’s Decentralization Concerns and Emergency Update

Meanwhile, Solana, a competitor to Cardano, has also faced recent difficulties that have raised concerns among crypto enthusiasts. In late April 2025, Solana’s network was forced to undergo an emergency upgrade after a security vulnerability was discovered, which could have allowed attackers to mint and steal tokens.

Although Solana’s quick response to the vulnerability has helped mitigate the immediate risk, it has also raised questions about the network’s true level of decentralization. Many in the crypto community have pointed out that the need for a coordinated emergency upgrade casts doubt on Solana’s ability to maintain the level of decentralization that it promises. The incident highlights vulnerabilities that could undermine Solana’s position in the long term.

This technical issue comes at a time when Cardano is already struggling to maintain its position in the CoinMarketCap rankings. These challenges faced by Solana could lead to a further erosion of investor confidence in the Solana ecosystem, leaving the door wide open for Coldware (COLD) to step in and claim its place among the top players in the market.

AD 4nXevdwlHCBDk7 4xTEN9g1ZgcBoWdqyiiadoXKPBr6QQoW6hSdBNQJDX2pBsLLIPCwXqOa9QdeVPA6FY0iI vlWTAVjfZsz8AtQ D1pHNlqXtGkDZP623QhXgqNAM0me4XbF

Why Coldware Could Surpass Cardano and Solana

Given Cardano’s struggle to hold its ground above $0.65 and Solana’s concerns around decentralization, Coldware (COLD) has a unique opportunity to capitalize on the weaknesses of its competitors. Coldware’s focus on real-world asset-backed tokens and blockchain security positions it as a reliable and attractive choice for both new investors and seasoned crypto enthusiasts.

Moreover, Coldware’s user-friendly platform and privacy-focused features make it an ideal entry point for newcomers who may be wary of the complexities often associated with Cardano and Solana. As Coldware continues to grow, it has the potential to become one of the most prominent layer-1 blockchains in the market, surpassing Cardano and Solana in the process.

AD 4nXevdwlHCBDk7 4xTEN9g1ZgcBoWdqyiiadoXKPBr6QQoW6hSdBNQJDX2pBsLLIPCwXqOa9QdeVPA6FY0iI vlWTAVjfZsz8AtQ D1pHNlqXtGkDZP623QhXgqNAM0me4XbF

Conclusion: Coldware’s Bright Future in the Crypto Market

As Cardano struggles to hold key support levels and Solana faces questions about decentralization, Coldware (COLD) is emerging as the next big player in the cryptocurrency space. Its focus on real-world utility, security, and decentralization makes it a perfect choice for investors looking for a reliable and trustworthy cryptocurrency.

The rise of Coldware could signal the beginning of a new chapter in the crypto world, one where real-world asset-backed tokens become the norm, and platforms that prioritize privacy and security lead the way. As Cardano and Solana face challenges, Coldware is well-positioned to seize the opportunity and emerge as one of the top cryptocurrencies in the coming months.

For more information on the Coldware (COLD) Presale: 

Visit Coldware (COLD)

Join and become a community member: 

https://t.me/coldwarenetwork

Tweets by ColdwareNetwork

Filed Under: News, Press Release

Solana Eyes $178 Breakout as Bullish Triangle and Trendline Support Signal Major Rally

May 7, 2025 by Sajjal Ali

  • Solana has recently surpassed critical resistance levels, reinforcing its overall bullish trend and strong market momentum movement
  • The formation of an ascending triangle pattern is signaling potential for continued upward momentum.
  • SOL remains firmly above its long-term ascending trendline, which has provided consistent support.
  • A successful breakout above key resistance levels could unlock significant price movement.

Solana (SOL) continues to rise after breaking through a major resistance level and indicating strength within its existing uptrend. A formation of an ascending triangle pattern, which tends to be a positive indicator, reinforces the positive outlook. Traders and long-term investors are both watching intently in hopes of the potential for a long-term rally. If the positive momentum holds, it may represent the beginning of a major long-term opportunity.

At the time of writing, SOL is trading at $142.62 with a $2.29B trading volume within the last 24 hours and a market capitalization of $73.9B. The price of SOL within the last 24 hours and last week has been hit by market volatility but has risen considerably within the last month by nearly 20%.

Source: CoinMarketCap

Solana Targets $178+ as Support Fuels Potential Rally

Solana (SOL) appears to be getting stronger after breaking the recent downtrend, a top crypto analyst says. The asset holds above the key $120–$130 support level that may act as a springboard for a bigger upswing should it continue.

The analyst highlighted that maintaining this support opens the door for a move toward the $178+ level, a key resistance zone from earlier in the year. Traders are advised to keep a close watch on the $155 mark, considered a pivotal breakout level. A strong push above this line could trigger accelerated upside momentum. A purple box region on the chart, signaling historical price interest, is also in focus, aligning with the mid-$150 zone.

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Source: X

Moreover, another analyst highlighted that Solana (SOL) continues to trade above a crucial demand zone, perfectly aligned with a multi-year ascending trendline that has held firm since 2020. This technical support has reliably served as a launching pad for the upswings, supporting SOL’s overall uptrend even when the market trends decline.

Experts attribute the trendline’s continued support to strong investor confidence and sustained momentum. The primary challenge lies in the $180–$200 resistance level, a barrier that has persistently repelled breakouts in the past few months.

AD 4nXcuBFZ2UKAKPe17l sWAJkiePGm6Eyef c04pk6Zy4DdThBDIymAsJ2VeTyDHFYo3ID0Ie9G9SaNxe ODCtb tKbAnbALzqjeipL 6wJ3mfpOTEmHbHaBTv1aOQItqwE8vXMwGrg?key=TfIV06NuD5nB7QeYGhafiYZp

Source: X

A close above this region should clear the way for a major rally that should lay the groundwork for a new bull run. In the meantime, the market structure holds strong as long as the trendline support continues to function.

Related Reading: TRON (TRX) Price Near Support: Bearish Signals Suggest Caution Ahead

Filed Under: News, Altcoin News Tagged With: Ascending triangle pattern, SOL breakout potential, Solana Bullish Trend, Solana Price Analysis, Solana resistance levels

DeFi Dev Corp. Acquires Solana Validator with $3.5M to Boost $SOL Exposure and Strategy

May 6, 2025 by Sheila

  • DeFi Dev Corp. acquires Solana validator, boosting $SOL exposure and staking rewards.
  • DeFi Development Corp. increases $SOL holdings with $3.5M acquisition of validator.
  • DeFi Dev Corp. acquisition boosts role in Solana and supports network decentralization.

DeFi Development Corp. (Nasdaq: DFDV), a leading entity in the Solana (SOL) accumulation public market, has agreed to acquire a Solana validator business. The deal, valued at $3.5 million, will be completed through a mix of $3 million in restricted stock and $500,000 in cash.

The acquired business, which holds approximately 500,000 SOL tokens and is valued at around $75.5 million, will significantly enhance DeFi Dev Corp.’s standing in the Solana ecosystem. However, once completed, the acquired validator will operate under the DeFi Development Corp. brand. The company will transition to self-staking its existing SOL holdings allowing it to capture validator rewards and reduce reliance on third-party staking services.

Company executives view the move as a significant step in optimizing the firm’s SOL accumulation model. “Running our own high-performance validator will help to increase SOL per share growth,” said Chairman and CEO Joseph Onorati. He emphasized that the deal allows DeFi Development Corp. to lower operational costs and increase revenue from external delegations.

3/ The complete press release. 👇https://t.co/2L6OdovpQZ

— DeFi Dev Corp. (@defidevcorp) May 5, 2025

DeFi Dev Corp. Deepens Exposure to Solana Ecosystem

The acquisition aligns with DeFi Development Corp.’s larger ambition of burrowing itself deeper into the Solana network. The firm currently holds 317,273 SOL, worth $47.9 million at recent market prices. The company will now stake all of these tokens through its newly acquired validator, blending the company into Solana’s infrastructure.

image 56
Source: DeFi Dev Corp.

“This acquisition doesn’t just add a new line of protocol-native cashflow,” said Chief Investment Officer and Chief Operating Officer Parker White. “It amplifies our alignment with the infrastructure underpinning tomorrow’s decentralized economy,”  White added that owning and operating validators with significant delegated stake places the company at the core of the Solana network.

DeFi Development Corp. did not disclose the name of the validator business it plans to acquire.

Transition from Real Estate Tech to Crypto Treasury Firm

The company started in the real estate software market as Janover until it rebranded to DeFi Development Corp. on April 22 with a strategic market transition. Under new leadership from previous Kraken executives, the firm implemented a Solana-centric treasury system similar to the MicroStrategy bitcoin model.

Under its updated treasury policy, DeFi Dev Corp. allocates its primary reserve asset to SOL. This strategy enables public market investors to access transparent Solana token exposure. The company is Solana assets’ leading public investment platform, matching MicroStrategy’s bitcoin-focused model.

At press time, Solana trades at $145 while showing a 24-hour trading volume of $2.3 billion, reflecting ongoing market interest in its blockchain performance.

Filed Under: News, World Tagged With: DeFi Development Corp. (Nasdaq: DFDV), solana, Solana validator

Next Crypto to Explode? Solaxy Raises $33M as Presale Nears Solana Layer-2 Release

May 6, 2025 by Vaigha Varghese

New Solana ecosystem project Solaxy (SOLX) is dominating the crypto presale space and has now raised over $33 million in total.

As it prepares for the launch of its Solana Layer-2 solution, could Solaxy be one of 2025’s biggest new coin launches?

Solaxy’s Upcoming Layer 2 Solution for Solana Might Release at a Perfect Time

Solaxy aims to enter the market as more than just another meme token, as its developers work on its ecosystem that boasts a Layer 2 blockchain for Solana, among other components.

Once released, the Layer 2 will leverage rollups to bundle and process transactions off-chain, reducing the burden on Solana’s mainnet. 

Besides potentially speeding up transactions and lowering gas fees, its introduction could help address slow and failed transactions that have plagued Solana’s network in the past.

In January, when Solana (SOL) reached its all-time high (ATH) by climbing to $294.33, its network suffered from congestion issues amid the launch of Official Trump (TRUMP), with transactions taking days to finalize.

The scalability issues saw Solana’s on-chain activity numbers dwindle from 5.4 million in late January to 2.8 million in March, which also saw its token dip to the $118 level.

Solana’s performance over the past 30 days has been impressive, as it soared to $150, a level that now acts as resistance as SOL hovers below it. 

However, boasting over 4 million active daily users this April, for the first time since February, Solana might experience performance issues during high-traffic hours again, which Solaxy’s launch could significantly reduce.

Experts Anticipate 10x Growth

As Solaxy’s developers strive to increase Solana’s throughput and achieve 10,000 transactions per second via rollups, which could improve investor experience, they’re also aiming to roll out several features that will benefit token developers.

The revealed components of Solaxy’s ecosystem include a bridge, a block explorer, an integrated developer environment, and a knowledge base site. Currently, the testnet version of the block explorer is live, with the other components to follow, according to the presale website.

Plus, Solaxy’s developers are working on adding a token launchpad, with more “game-changing announcements” yet to come.

Once all of its features are released, token developers will be able to deploy tokens with ease, with Solaxy’s cross-chain swaps allowing its users to combine Ethereum’s massive liquidity pools with Solana’s speed.

Experts from 99Bitcoins encourage their 724,000-strong audience to enter the presale while the per-token price is low.

YouTube video

They believe Solaxy will have a successful launch thanks to a combination of factors, including its ambitious goals and the increasingly bullish market sentiment that’s currently surrounding tokens in Solana’s ecosystem.

Expecting it to maintain its presale momentum, the experts anticipate a 10x post-launch surge for SOLX.

Here’s How to Enter the Presale

Solaxy’s dynamic pricing and staking rewards models encourage early adoption and allow investors to benefit from early exposure. 

Currently, purchasing and staking SOLX offers 121% annual returns, which is more than most presales. However, as investors add their tokens to the staking pool, the yield decreases, ensuring early backers secure the best returns.

Similarly, SOLX’s current per-token price of $0.001714 will only rise as time passes, making this the best time to enter the presale. According to the project’s whitepaper, the price will keep rising until it reaches $0.00179, which will coincide with the launch price and mark the final stage of the presale.

Investors can purchase SOLX during the presale by swapping their ETH, SOL, USDT, or fiat for the token via the presale website, with no minimum investment required.

Alternatively, Best Wallet’s users will find SOLX within the wallet app, which also accepts BNB as a payment method. Purchasing SOLX via Best Wallet allows investors to monitor their SOLX holdings by size and value throughout the presale, a feature that most competitors lack.

With its central position in Solaxy’s ecosystem, SOLX could see immediate success once it secures its first DEX listings, making its current price an attractive entry point.

Visit Solaxy Presale

Filed Under: News, Press Release

XRP Update & Solana Price Angle: Remittix (“XRP 2.0”) Shakes Up Crypto-Fiat Transfers — Price Predictions for RTX and XRP Revealed

May 5, 2025 by Vaigha Varghese

Solana Price has been trending across Crypto-Twitter all week, yet an even more disruptive XRP storyline is taking shape as Remittix bursts onto the payments scene. 

With the SEC case nearing its climax and cross-chain capital rotating at record speed, traders now ask which asset—classic Ripple or the new “XRP 2.0” utility token—offers the sharper upside. The answer hinges on liquidity flows, network statistics, and how quickly Remittix can turn blockchain balances into bankable cash.

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XRP’s On-Chain Strength Meets Legal Crossroads

XRP has gained 2.46% in the last 1 month, reclaiming $2.17. Data from coinmarketcap shows daily transactions averaging $1.5 billion with a market cap of around $127 billion. 

More importantly, Judge Analisa Torres of the Southern District of New York issued a landmark decision that lifts the regulatory fog around XRP. Her order found that the token, in and of itself, is not a security, giving relief to millions of retail holders and creating a reference point for other digital assets. 

Programmatic, exchange-based sales were deemed compliant, yet direct institutional placements were classified as securities offerings, highlighting that compliance hinges less on the token than on the manner of marketing and distribution. Should momentum persist, analysts suggest XRP could climb to around $3.60 by 2029.

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Why Solana Price Correlations Still Matter

Although Ripple and Solana cater to different use cases, the Solana Price trend remains a barometer for risk-on appetite. Currently at $146.21, it increased by 19% in the last 1 month and maintains a market cap of around $75 billion.

AD 4nXfCXelC7D63Npa7 YTDB3rIwkw5oVyjIFWofhlWfF5lzi1tvAN2hj01A1dB8 h2q3ZPRrIVSrRirh53CdjRq v2Jt3jqjs NwEI5lsp

Institutional desks monitor this linkage closely. The relationship between XRP and Solana cuts both ways. A sudden downturn in Solana Price historically shaves average XRP weekly returns. Risk management, therefore, requires watching Solana Price prints just as intently as on-chain Ripple metrics.

AD 4nXcinM5FgadZ82Gzn 3mGup JU kCJ9aHwq4bm4cgoxIkJnm7XGjRBbvlfGM5Soe M5uHHcQfOqN4nc1nO9BRQt8R5 zf4AsJgwx40vRP2RcQEQjuncvQS KitFl8l1t13KvdaMvVg?key=DqiLfMqtu4ibQTyz8HMiABaY

Remittix (RTX): Turning Crypto Into Cash in Minutes

While correlation models whirl, Remittix is solving a concrete problem: getting digital assets into bank accounts without the exchange bottleneck. 

The protocol supports over 40 tokens, including XRP and SOL, routing them through a smart-contract engine that auto-swaps into local currency and wires funds to the recipient within ten minutes. Fees average 0.9%, easily beating the 5–10% spreads that dominate the annual remittance market.

Consider Ana, a Lisbon-based UI designer paid in USDT by a New York agency. Previously, she endured three hops—DEX, CEX, SEPA—to reach euros, losing both time and 6% in costs. 

Using Remittix Checkout, the client sends USDT; the backend converts to ETH, settles in RTX, and pushes euros to Ana’s Millennium BCP account before her lunch break. Each transfer burns a fraction of RTX’s 1 billion fixed supply, tightening scarcity as volume scales.

At $0.0757 and over $13 million in early funding, weekly transfer volume has nearly exceeded $15 million, according to the project’s public dashboard, implying a revenue run-rate that could lift token value even if broader markets stagnate.

Reading the Tea Leaves for Solana Price, XRP, and RTX

Solana Price action will continue to guide macro risk sentiment, and its ETF prospects could create sympathetic tailwinds for XRP if Ripple wins in court. A clean legal victory plus network upgrades such as XLS-30D make XRP’s march toward $1.50 plausible, with bullish tail targets stretching to $2.50.

Yet, pure upside percentages may belong to Remittix. By fusing low-cost settlements with deflationary tokenomics, RTX offers investors exposure to a real-world utility curve rather than a regulatory gamble. 

The protocol’s ability to convert assets, including those tied to Solana Price and XRP, into instant fiat deposits positions it uniquely inside a $190 trillion payments arena.

For portfolios seeking asymmetric returns, a barbell approach makes sense: hold a core XRP stack keyed to courtroom milestones while allocating a venture-style tranche to RTX’s growth engine. 

Join the Remittix presale and community: 

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Filed Under: News, Press Release

Solana Patches Zero Day Bug as Centralization Concerns Grow

May 5, 2025 by Bena Ilyas

  • Solana quietly patched a zero-day bug that could’ve let attackers forge confidential tokens.
  • The flaw involved a cryptographic issue in zero-knowledge proof validation.
  • Critics pointed to Solana’s reliance on a single client as a decentralization risk.

The Solana Foundation has disclosed and patched a zero-day vulnerability that could have allowed attackers to mint confidential tokens and withdraw them from unsuspecting users’ accounts. The flaw, which was silently resolved before any known exploit occurred, has reignited debates around Solana’s network decentralization.

According to a May 3 post-mortem from the Solana Foundation, the vulnerability was first identified on April 16 and affected Solana’s privacy-focused “Token-22 confidential tokens.” These tokens rely on zero-knowledge proofs (ZKPs) to ensure the privacy of transfers, a feature designed to enable advanced and confidential token functionalities within the Solana ecosystem.

On April 16, 2025, the Solana Foundation discovered a zero-day vulnerability in the Token-2022 standard’s confidential transfers feature, which could have allowed attackers to forge zero-knowledge proofs to mint unlimited tokens or steal user assets. The Foundation privately…

— Wu Blockchain (@WuBlockchain) May 4, 2025

The security gap originated in the Token-2022 and ZK ElGamal Proof programs, where a cryptographic flaw in the Fiat-Shamir Transformation process allowed attackers to potentially craft forged zero-knowledge proofs. It occurred because certain algebraic components were not properly hashed, undermining the integrity of the proof verification mechanism.

Put simply, the flaw could have let malicious actors simulate valid balances and mint confidential tokens, an alarming loophole that, had it been exploited, might have shaken user trust and triggered significant financial losses.

Despite the critical nature of the vulnerability, no funds were lost, and the Solana Foundation reported that a supermajority of validators had already adopted the patched version within two days of the fix. The coordinated response involved several key contributors, including Anza, Firedancer, Jito, Asymmetric Research, Neodyme, and OtterSec.

Yet, it’s the very nature of that coordination that has come under scrutiny.

Solana Patch Sparks Centralization Fears

The rapid behind-the-scenes patching process has raised eyebrows among decentralization purists. Critics questioned the Foundation’s ability to swiftly reach out to validators and whether this level of influence undermines SOL’s claims of being a decentralized network.

A contributor from Curve Finance sparked the debate by asking, “Why does someone have a list of all validators and their contact details? What else are they talking about in those comms channels?” The concern: such close coordination could enable censorship or even orchestrated rollbacks, hallmarks of centralized control.

The issue is that everything was done privately.

Why does someone have a list of all validators and their contact details?

What else are they talking about in those comms channels?

Now that regulators/countries/malicious actors know these channels exist they are a…

— Saint (Llama) Rat (@saint_rat) May 4, 2025

Solana Labs CEO Anatoly Yakovenko responded by pointing out that Ethereum validators, many operated by large staking providers like Lido, Binance, Coinbase, and Kraken, could coordinate similarly in a security emergency. “If geth [Ethereum’s client] needs to push a patch, I’ll be happy to coordinate for them,” Yakovenko stated. But not everyone agrees with the comparison.

image 41

Solana One Client Risk Exposed

Ethereum community member Ryan Berckmans rebutted that Ethereum’s client diversity shields it from the kind of single-point-of-failure risks SOL faces. He emphasized that Geth, Ethereum’s dominant client, holds no more than 41% market share, while SOL currently operates with just one production-ready client, Agave.

“This means zero-day bugs in the single Solana client are de facto protocol bugs,” Berckmans argued. “Change the single client program; change the protocol itself.”

Solana’s roadmap offers a partial answer. The highly anticipated Firedancer client, developed in collaboration with Jump Crypto, is expected to launch in the coming months, promising enhanced performance and redundancy.

Still, as Berckmans noted, true decentralization at the client level may require at least three independent clients, a goal Solana has yet to achieve.

image 43

While the vulnerability was patched before any real damage occurred, the incident underscores a growing tension in the blockchain world: the trade-off between security responsiveness and decentralization. Solana’s ability to act quickly in the face of a zero-day flaw is commendable, but it has also spotlighted its centralized levers of control.

As Solana continues to evolve with Firedancer on the horizon and more zero-knowledge capabilities in development, the community will be watching closely. Will the network strike a sustainable balance between performance, privacy, and decentralization?

Related | Best Crypto to Buy Now as BTC Price Predictions Hit $1 Million

Filed Under: News, Altcoin News Tagged With: Crypto, Cryptocurrency, SOL, solana

Solana (SOL) struggles at $145 – is this the calm before a $200 rally?

May 5, 2025 by Sajjal Ali

  • Solana (SOL) holds ground at $145, showing slight weakness but maintaining critical support.
  • Low volatility and neutral indicators suggest a range-bound market phase is underway.
  • Analysts split between short-term caution and long-term optimism, with eyes on breakout zones.

Solana (SOL) is currently trading at $145.00, reflecting a marginal daily dip of 0.81%, while the 24-hour trading volume surged by 15.95% to $1.78 billion. Over the past week, price action has remained largely stagnant, showing a 0.65% decline. Despite its relatively stable footing, SOL now appears to be consolidating near a crucial resistance zone, with technicals signaling a market in wait.

AD 4nXdTLR 0zvvkL25aNlqbcl8NS3g1gG27avyvNRKUMQPYi5U0XSLV4m0OMGniGfu2YjiE1NoRQRAfd6ehPNmppjjUsdEZ7hjhCyDNsZqCE10A6O5Di HX1SDkjaAY0a0E1OJqIICNZQ?key=N7 1nLG pEW6RkCL66HOUcYf
Source: Coinmarketcap

The recent rally in April may have reached a temporary top, as momentum indicators show fading strength. The Relative Strength Index (RSI) sits at 58.23, just below the overbought threshold, while the MACD has formed a tight crossover, reflecting indecision in market direction. The Bollinger Band Width, now at 5.47%, indicates shrinking volatility, a classic sign of potential breakout conditions ahead.

The Average Directional Index (ADX) at 8.7 further confirms the absence of a strong trend, implying that Solana may remain in its current $144–$147 range until significant volume returns.

AD 4nXedJoh8zQYWsMizSXkarqVMLI7e5P5GB0slQaK4T3Evav1 n3ln76sheN4D4bc3bV xFyLeWs61w6uYPebyaiO5A0RslnRnbqH9tP94CgtWe LzOfaQev06wJxoBa HZDZPXjsD?key=N7 1nLG pEW6RkCL66HOUcYf
Source: X

SOL trading strategies with a focus on range

Traders are taking a cautious approach to SOL, opting for range trading. The price is fluctuating around the key levels; long entries are on the cards at $144, looking at the target area of $147 and $153, with stop losses below $141. Short selling is on the cards at $147 as the resistance entry, with target areas of $144 and $141, and stop losses at $149.

Risk management is still essential, despite the prevailing low-volatility situation. Analysts are calling for confirmation through volume before entering positions and recommending entering trades on multi-timeframe confirmation.

In contrast to subdued market action, optimism persists in segments of the market. Specifically, the 4-hour bull flag formation has led some, including analyst Hardy, to grow optimistic about an upside breakout. This short-term chart pattern, if confirmed, may trigger an effort to move through the resistance range of $153–$154.

"I'm in love with a BULL FLAG"$SOL is gearing up for a move and I man betting it's to the upside.

Watching closely here legends, follow and notifications on, I'm going to long this baby soon! pic.twitter.com/x1tJ0n5EBU

— Hardy (@Degen_Hardy) May 3, 2025

Solana could hit $900 based on Fibonacci extension

Stepping back, the overall picture for Solana is still bullish. Following its dip against its 1-week MA200 in April, SOL maintained its position, paving the way for further rises. The next key resistance at $170, which is also at the 1-week MA50, is still the first key obstacle.

TradingShot sees the potential to move to $350, which represents the “higher high” within an observed wedge pattern. A technically driven but extremely optimistic scenario in which the level is cleanly broken through divulges the potential path to the $900 level on the basis of a Fibonacci 2.0 extension. Nonetheless, since Solana has suffered a 67% correction within the last three months, optimism is tempered with caution.

Related Reading | BNB Price Prediction: Triangle Pattern Signals Potential Towards $644

Filed Under: Altcoin News Tagged With: Cryptocurrency consolidation, SOL trading trends, Solana Price Analysis, Solana support and resistance, Solana technical analysis

Solana’s Price Struggles, But $170 Break May Spark $900 Move

May 4, 2025 by Kashif Saleem

  • Solana hovers around $145, facing resistance below the 100-day moving average at $154.
  • Analysts highlight $170 as a key breakout point, with $350 and $900 as next targets.
  • Solana dropped 67.23%, echoing 2021’s dip, hinting at a rebound cycle ahead.

After showing promise in early April, Solana (SOL) has entered May with strong headwinds. The asset is trading around $145, struggling to reclaim its 100-day simple moving average at $154. This level acts as a ceiling for now, as bearish pressure remains dominant in the market. Despite attempts to rebound, the digital currency has failed to sustain upward movement, and participation from online investors has dipped notably.

The current state of Solana’s price reflects this fatigue. Indicators such as the MACD are showing signs of weakness. A recent bearish crossover confirms the short-term outlook has shifted. With the MACD line dipping below the signal line and histogram bars fading, upward strength is losing ground. The Relative Strength Index has also dropped from its recent peak of 60 to around 55, showing that buyer energy is thinning out.

SOLUSD 2025 05 04 09 04 56
Source: TradingView

Crypto trader Hardy, however, believes a turnaround may still be in play. He pointed out that Solana is forming a textbook bull flag on the 4-hour chart, often a bullish signal. The price is now consolidating in a descending channel between $152 and $144 after an earlier jump. “I’m going to long this baby soon,” Hardy said, predicting a breakout that could turn the tide.

"I'm in love with a BULL FLAG"$SOL is gearing up for a move and I man betting it's to the upside.

Watching closely here legends, follow and notifications on, I'm going to long this baby soon! pic.twitter.com/x1tJ0n5EBU

— Hardy (@Degen_Hardy) May 3, 2025

Solana Key Resistance Could Shift Momentum

Solana’s support zones sit at $136.56, $125.82, and as low as $112.80, providing some safety if further drops occur. But analysts say the focus should be on the upside potential. The next big hurdle sits around the 1-week MA50, close to the $170 mark. That’s also where a key blue trend line comes into play. If this barrier is breached, it may convert into solid support, opening a path back to $200.

TradingShot, another analyst group, pointed out the strength in April when Solana bounced from the 1-week MA200. That upward movement continued through the month, with several green weekly closes building momentum. This has set the stage for May’s battle to break above $170, which would confirm a bullish continuation.

Reaching that level could mark the return of confidence. If Solana breaks out, the next key mark to watch is $350. TradingShot points to that level as the higher high in the wedge pattern. A successful move beyond $350 could signal the start of a broader rally, one that might take the price as high as $900.

Solana
Source: TradingView

Bulls Eye Long-Term Breakout

The path to $900 isn’t without hurdles. Solana has already faced a 67.23% correction in the last three months, mirroring the 2021 decline. But analysts see this as part of a longer cycle. 

Given that the recent 3-month correction was -67.23%, identical to the last correction (May 2021) of the previous Cycle, we expect one final rally to the 2.0 Fibonacci extension at $900, if the Higher Highs trend-line breaks,” TradingShot explained.

This vision of a final rally depends heavily on reclaiming several key technical levels in sequence. From breaking the $170 trend line, to pushing past $350, each step must hold for a sustained climb. For now, it remains below resistance and shows signs of slowing momentum, but long-term bulls see a clear target forming.

Read More | Cardano (ADA) Coils for Breakout as Whales Accumulate Over 410M Tokens in April

Filed Under: News Tagged With: Cryptocurrency, Price Analysis, price prediction, solana

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