Traders continue to defend the lowest support levels in Bitcoin and altcoins, but sellers at the range highs and declining sentiment across the market may complicate a quick recovery.
Solana (SOL) Crypto News Today
Explore the latest Solana news today! Solana is a high-performance blockchain platform known for its scalability and low transaction fees, which was founded by Anatoly Yakovenko in 2017.
It employs a unique proof-of-history consensus mechanism and utilizes its native Solana (SOL) token to power its high-performance blockchain, offering scalability and low fees for decentralized applications (DApps).
Whether you’re a developer, investor or enthusiast, stay informed about Solana’s advances in decentralized finance (DeFi), nonfungible tokens (NFTs) and more with Cointelegraph.
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Crypto ETPs reversed course last week, with outflows led by Bitcoin and Ether as bearish sentiment outweighed inflows into altcoins such as Solana.
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Natix and Valeo are building a decentralized, self-driving camera model to offer a transparent foundation for the safe mainstream deployment of physical AIs.
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The funding will support Superstate’s effort to let companies issue and trade regulated shares directly on public blockchains.
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Crypto traders often view negative funding rates as a strong buy signal, but several data points suggest ETH investors have good reasons to remain risk-averse.
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Technical charts highlight improving fundamentals in Bitcoin and select altcoins, but bears selling the range highs and softening investor sentiment threaten to snuff out the recovery.
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Solana Mobile's airdrop of almost 2 billion SKR tokens for 100,000 Seeker users is claimable for 90 days, with staking rewards starting immediately.
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Even as SOL price drops, whale accumulation amid declining exchange supply and strengthening onchain metrics point to a potential for recovery.
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Trove shocked the community last week with a last-minute decision to pivot its perps DEX from Hyperliquid to Solana, a move that upset many of its initial backers.
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Bitcoin and altcoins lost part of their recent gains after the US trade war with various European countries resumed, prompting some traders to reduce risk and watch from the sidelines.
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Bitcoin drove 71% of last week’s $2.17 billion in crypto fund inflows, while Ether and Solana held up despite US CLARITY Act proposals to restrict stablecoin yields.
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The TROVE token generation event is still scheduled to proceed on Monday, despite the sudden pivot to Solana.
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Solana Labs CEO Anatoly Yakovenko said Solana fees could fund AI-assisted development to write and improve Solana’s codebase in the future.
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ETH price cooled down from its recent rally as US macroeconomic factors, reduced DApps activity and falling fees impact traders’ use of Ether derivatives.
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The crypto market rally lost momentum as Bitcoin met resistance near $98,000, but technical charts suggest traders will actively buy dips to underlying support levels in altcoins and BTC.
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