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Solana Gets $100 Million Corporate Boost as DeFi Development Bets Big on Blockchain

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Solana, whose blockchain infrastructure is low-cost and high-speed, is again in focus, but not as part of a new DeFi entry, and as part of a grand scheme of corporate takeover that is going to dictate its institutional future. Coming amidst recent scaling updates intended to sustain network reliability and congestion control, a public company’s […]

Solana (SOL) Eyes $165 Target As Wallets Surge Past 11.44 Million

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Key Takeaways: Solana has crossed a significant point, with more than 11.44 million wallets now holding over 0.1 SOL, according to crypto market watcher Ali. The increase constitutes a broadening of the user base and continuing demand for the environment of the blockchain even against a backdrop of recent volatility in prices. Right now, prices of SOL are at $147.51 with a 2.26% decline for today but an 83.19% rise in 24-hour volume to $5.38 billion. That higher volume is a reflexive market beat before major events, among them much-anticipated ETF releases. Sjuul, yet another key market influencer, said that SOL recorded gains during the past weekend, in which it […]

$2.7B Pours into Crypto: Bitcoin Grabs 83% Despite Mining Pressure

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Key Takeaways: Digital asset investment products are gaining new momentum, taking in $2.7 billion in the last week alone, CoinShares highlighted in its latest weekly summary. It’s the 11th consecutive week of net positive flows, pushing the year-to-date sum to $16.9 billion. Leading the charge is Bitcoin, which contributed $2.2 billion, 83%, of the combined […]

Solana Bullish Breakout: Will ETFs Push Prices Beyond $200?

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Solana (SOL) has rebounded impressively in the last week, which may indicate the possibility of a greater rise. The cryptocurrency did break a 30-day downtrend, but remains difficult to change the low-timeframe trend into a bullish one. Market analysts are keenly watching major resistance points that will determine the direction of Solana. Daan Crypto Trades […]

Solana Holds Key Support at $126–$131, But Bearish Trend Still Looms

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Solana has once again captured the market’s attention as it clings to a crucial technical support level, offering a glimmer of hope for bulls, but not without caution. According to the latest technical analysis by MakroVision, SOL has successfully defended the $126–$131 zone, which serves as a significant confluence area. This key support coincides with […]

Solana ETFs Could Launch This Summer with Invesco and Galaxy in the Lead

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Solana could soon become the next major cryptocurrency to receive a U.S.-listed exchange-traded fund (ETF), as asset managers Invesco and Galaxy Digital officially filed a proposal to launch the Invesco Galaxy Solana ETF. This latest submission marks the ninth attempt by financial institutions to introduce a spot Solana ETF, reflecting the growing interest in bringing […]

Crypto Inflows Hit $15.1B YTD: But $701M Liquidated After Iran Strike

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Key Takeaways: The crypto asset sector notched a major milestone last week as investment products marked their tenth consecutive week of inflows. With the most recent data by CoinShares, inflows climbed to $1.24 billion during the week, putting the year-to-date at a record $15.1 billion. This constant buying is a testament to active institutional and […]

Solana Price Eyes Crash to $105 Before Targeting $260 Rally

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Solana’s price has been trending lower after reaching recent highs near $168. As the broader crypto market cools, traders are debating whether Solana is facing further downside or preparing for a strong rebound. Solana is currently in a critical technical decision-making area. According to analyst Batman, the setup is a classic bear trap. He predicts […]