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Solana’s AI narrative is gaining fresh support from crypto investors who argue that SOL may be positioned as a core financial infrastructure asset in an agent-driven economy. Parker White, COO of DeFiDevCorp, and Delphi Ventures founding partner Tom Shaughnessy both pointed to Solana’s speed, liquidity and developer ecosystem as reasons the market may be underpricing the asset. Solana’s AI Thesis Is Heating Up White, known on X as @TheOtherParker_, said on May 9 that he remains bullish on SOL because Solana combines “s-tier technology, user adoption, and liquidity.” He pushed back on the common argument that Ethereum’s larger DeFi liquidity and TVL base gives it an unassailable lead, arguing that the comparison looks different once traditional finance enters the market. “Some people will counter with ‘Yes, but ETH has such a huge DeFi liquidity/TVL lead.’ Huge is relative though and compared to TradFi liquidity, all DeFi liquidity is a drop in the bucket,” White wrote. “So when TradFi capital allocators enter the space, SOL and ETH are effectively on the same, level playing field. In this environment, technology/UX plays a giant role on adoption and SOL wins hands down.” Related Reading: Solana Sees Rising Social Hype, Yet Network Activity Is Falling White also argued that SOL’s relative valuation leaves room for a larger repricing if investors begin to treat Solana as a serious competitor to Ethereum. “Couple all of this with the 5x relative value differential, and it’s really hard not to be bullish,” he wrote. “If SOL just catches up to ETH, SOL is at roughly $500 without ETH even moving. Good odds of a good outcome.” The more novel part of White’s thesis is not simply that Solana can compete with Ethereum on throughput or user experience. It is that AI could make Solana more strategically relevant, not less. In his view, many software businesses face uncertainty as AI compresses margins or disrupts established cash-flow models. Solana, by contrast, could benefit if autonomous agents require fast, low-cost and globally accessible financial rails. “As future software cashflows continue to be repriced with increased uncertainty, investors will look to diversify, bc diversification is the best way to combat uncertainty,” White wrote. “As this diversification occurs, rationale investors will look at SOL as a financial software infrastructure play that has a ‘high degree of positive AI convexity.’” White’s argument rests on the assumption that agentic activity will require cheap, high-frequency settlement. He described Solana as “second to none” for micropayments and said token-to-token value transfer between non-human agents “makes sense on SOL, but nowhere else.” Other networks, he argued, are either too expensive or lack the infrastructure and liquidity needed for that use case. He also said Solana’s network effects would be strengthened rather than weakened by AI usage. “Second, the network effects and liquidity cannot be replicated by a fresh AI-built system,” White wrote. “More AI usage actually strengthens the network effects and liquidity, not weakens. This is where the positive convexity comes in.” He added that crypto networks are “global, permissionless, and composible,” making them a natural operating environment for agents that need to interact, collaborate, pay and build across borders. Related Reading: Solana (SOL) Breakout Setup Strengthens As Bulls Regain Full Control Shaughnessy, writing separately on X, made a similar case. He said his SOL thesis is that it is “the best chain for AI,” citing cheap and fast infrastructure alongside what he called the strongest engineering base. He also argued that AI will make it easier to build new crypto applications, potentially accelerating sector formation through “easy capital formation,” global communities and rapid app creation. In a follow-up post, Shaughnessy contrasted Solana with Bitcoin in the context of AI agents. “I don’t think AI and agents interplay with BTC directly since it’s not a programmable chain they can interact on,” he wrote. “I do think BTC is a massive beneficiary of AI as AGI will want to own assets humans can’t manipulate and mass money printing to deal with AGI benefits BTC.” For Solana, Shaughnessy summarized the thesis as “legitimate AI sector ownership,” faster chain performance through Alpenglow, under-ownership after investors sold SOL for other assets, and the potential for pre-IPO stocks to trade around the clock. At press time, SOL traded at $94.51. Featured image created with DALL.E, chart from TradingView.com

Solana started a fresh increase above the $90 zone. SOL price is now consolidating and might aim for more gains above the $96 zone. SOL price started a fresh upward move above the $90 and $92 levels against the US Dollar. The price is now trading above $92 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $92.20 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $96.50 resistance zone. Solana Price Starts Fresh Surge Solana price started a decent increase after it settled above the $88 zone, outperforming Bitcoin and Ethereum. SOL climbed above the $92 level to enter a short-term positive zone. The price even smashed the $95 resistance. A high was formed at $96.85, and the price is now consolidating gains. There was a minor decline toward the 23.6% Fib retracement level of the recent upward move from the $87.61 swing low to the $96.85 high. Solana is now trading above $92 and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $92.20 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near $96.20. The next major resistance is near the $96.50 level. The main resistance could be $98. A successful close above the $98 resistance zone could set the pace for another steady increase. The next key resistance is $102. Any more gains might send the price toward the $105 level. Downside Correction In SOL? If SOL fails to rise above the $96.50 resistance, it could start another decline. Initial support on the downside is near the $94.00 zone. The first major support is near the $92.20 level, the trend line, and the 50% Fib retracement level of the recent upward move from the $87.61 swing low to the $96.85 high. A break below the $92.20 level might send the price toward the $90 support zone. If there is a close below the $90 support, the price could decline toward the $88 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $94.00 and $92.20 Major Resistance Levels – $96.50 and $98.00.

A crypto analyst has projected explosive price targets for both the Bitcoin price and the Solana price. According to the forecast, if Bitcoin surpasses $400,000, Solana could be trading around $1,500 at the same time. The basis of this projection rests on the assumption that altcoins could mirror BTC’s explosive rally to reach their respective all-time high targets. The analyst has also urged investors and traders to buy more Bitcoin before this surge, underscoring his strong belief that the cryptocurrency could soon enter a fresh bull market.  Analyst Sees Bitcoin Price At $400,000 And Solana Price At $1,500 The Bitcoin price is currently sitting at above $80,000. However, market analyst Crypto Fergani predicts that the flagship cryptocurrency could eventually reach an ambitious price target of $400,000.  Related Reading: Bitcoin Closes 2 Green Monthly Candles: Here’s What Historical Data Says Is Coming Next According to the analyst, Bitcoin reaching such a high level could mean the Solana price may rise to $1,500 around the same period. He also projected that other altcoins such as Ethereum, XRP, Binance Coin, and Dogecoin could experience a similar price explosion alongside Solana. Notably, the analyst has shared a timeline for his bullish outlook. He believes that one year from now, Bitcoin could reach explosive new highs. He backed his bullish projection by sharing a price chart showing past cycles in which Bitcoin traded within a narrow ascending channel that eventually led to price surges of hundreds of percent.  The chart showed that in early 2018, Bitcoin rallied to about $19,000 and then crashed to a price bottom the following year. Crypto Fergani marked this low as a key buy zone, noting that BTC’s decline to that level triggered a massive 324.44% rally.   In the next cycle, Bitcoin formed another buy zone in 2020 after declining from its 2019 ATH. Once a bottom was reached, the cryptocurrency skyrocketed above $69,000 in 2021, representing a surge of more than 961.57%. The same trend recurred in the 2022 cycle, when Bitcoin crashed and formed a new buy zone. Following this, the price consolidated for a few years before skyrocketing to BTC’s current all-time high above $126,000, set around October 2025.  Fast forward to today, Crypto Fergano believes that Bitcoin is mirroring this same pattern. He has marked a buy zone for 2026 around the $70,000 level, suggesting that the flagship cryptocurrency could be preparing for a mega bull rally to about $420,000, representing more than a 691% gain from the buy zone.  Analyst Urges Investors To Buy Ahead After sharing his bullish projections, Crypto Fergani now urges traders and investors not to miss the opportunity to buy the dip ahead of the next potential rally. He noted that during the last bull run, several market signals had hinted at an incoming rally, yet many failed to act.   Related Reading: Can This Latest Integration Send Solana To $500 And XRP to $10? During that period, US President Donald Trump was openly bullish on crypto, institutional investors and BlackRock were quietly accumulating Bitcoin, and retail remained largely on the sidelines. At the same time, most market participants were calling for a bear market, with fear at its peak.  Despite these signals, Crypto Fergani said that many did not buy the dip. He urges investors not to repeat the same mistake, suggesting that they begin buying BTC and other altcoins now, ahead of a potential new bull market. Featured image from Pngtree, chart from Tradingview.com

As Solana (SOL) breaks out of a multi‑week pattern, some market observers suggest a retest of a key resistance level could be on the horizon. Nonetheless, they also warned that the next leg up could be short‑lived if momentum fails to hold. Related Reading: $150M Crypto Ponzi Crumbles: $41.5M Frozen In DSJ Exchange Collapse Solana Breakout Targets Key Resistance On Wednesday, Solana jumped 4.2% on the daily timeframe, retesting the $90 area for the first time in nearly a month before retracing. The cryptocurrency has been in the $75 to $96 price range since the early February market crash, failing to reclaim the upper zone of this range during this period. Amid today’s surge, analyst Ali Martinez highlighted that Solana was breaking out of an eight-week symmetrical triangle formation, which could lead to a rally toward the local range’s upper boundary. As he explained, a spike in buying pressure could push SOL’s price to $92, a key horizontal resistance over the past three months in the daily and weekly timeframes. If this level is reclaimed, the cryptocurrency’s breakout could extend toward $96, a level not retested since the mid-March market rally. In addition, CryptoRand noted that after its recent price jump, Solana has also broken out of its eight-month downtrend, suggesting that a bullish reversal could be on the horizon if this level holds. However, market observer Daan Crypto Trades pointed out that the altcoin has been consolidating within a 10% range for three months, recording its lowest volatility in years. As a result, the analyst affirmed that a big move would happen sooner than later, but the direction “will entirely depend on which side breaks first. It won’t be a move to fade (…). Likely to see at least a 20-30% leg following the break of this compression.” SOL To Rally Before Next Dump? In an X post, Altcoin Sherpa noted that Solana has underperformed all other majors over the past few months. Unlike Bitcoin (BTC) and Ethereum (ETH), SOL has not been able to retest or break out of its three-month range despite the recent market recovery. The analyst affirmed that the altcoin needs bullish conditions and BTC’s price to stabilize to continue climbing higher. Meanwhile, More Crypto Online underscored the importance of SOL’s overall context in a video analysis. He explained that “on the higher timeframe, there is no sign whatsoever that we have a meaningful low in place,” and that “the upside reaction from the February low was just too weak. And the structure that’s even more important does not currently support a long-term rally.” The analyst pointed out that there is “a lot of resistance along the way,” but noted that a counter-trend rally to the $110-$140 area is “a very reasonable expectation” to form a top as long as the February lows hold. Related Reading: Bitcoin Targets $86,000 After Key EMA Reclaim: Is The Next Rally Here? Nonetheless, he considers that “from there, there’s a good chance of going lower, possibly either in a fifth wave down to complete a larger correction in a so-called wave four, or like Bitcoin, the expectation is a more meaningful correction into the mid $30 region.” “So, the market might just need to move up a little bit to complete this correction. Make the crowd bullish again so that the new sellers can come in,” he concluded. Featured Image from Unsplash.com, Chart from TradingView.com

Solana started a fresh increase above the $86 zone. SOL price is now consolidating near $88 and might aim for more gains above the $90 zone. SOL price started a fresh upward move above the $85 and $86 levels against the US Dollar. The price is now trading above $86 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $87.40 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $90 resistance zone. Solana Price Starts Fresh Increase Solana price started a decent increase after it settled above the $85 zone, like Bitcoin and Ethereum. SOL climbed above the $86 level to enter a short-term positive zone. The price even smashed the $88 resistance. A high was formed at $89.95, and the price is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the recent upward move from the $83.27 swing low to the $89.95 high. Solana is now trading above $87 and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $87.40 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near $89. The next major resistance is near the $90 level. The main resistance could be $92. A successful close above the $92 resistance zone could set the pace for another steady increase. The next key resistance is $100. Any more gains might send the price toward the $102 level. Downside Correction In SOL? If SOL fails to rise above the $90 resistance, it could start another decline. Initial support on the downside is near the $87.40 zone. The first major support is near the $85.80 level and the 61.8% Fib retracement level of the recent upward move from the $83.27 swing low to the $89.95 high. A break below the $85.80 level might send the price toward the $83.20 support zone. If there is a close below the $82 support, the price could decline toward the $76.50 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is near the 50 level. Major Support Levels – $87.40 and $85.80 Major Resistance Levels – $89.00 and $90.00.

Data shows social media sentiment around Solana has been rising recently, but network utility has actually followed the opposite path. Solana Active Addresses Have Been On The Decline In a new post on X, analytics firm Santiment has talked about how a couple of key metrics related to Solana have changed recently. The indicators in question are the Positive/Negative Sentiment and Daily Active Addresses. Related Reading: Bitcoin Breaks $80,000, But On-Chain Activity Signals A Silent Warning First, the Positive/Negative Sentiment compares the bullish and bearish sentiments related to a given asset that are currently present on the major social media platforms. The indicator works by first separating positive and negative comments containing mentions of the asset using a machine-learning model and then taking the ratio of their counts. As the chart below shows, the Positive/Negative Sentiment has been going up for Solana recently, implying an improvement in investor mood around the cryptocurrency. Back in February, the indicator had plummeted for Solana as a consequence of the price crash. But even then, its value didn’t drop below the 1 level, meaning that sentiment never outright turned bearish, at least from the perspective of this metric. From the graph, it’s visible that the improvement in sentiment was gradual at first, but April saw an accelerated recovery. Today, the Positive/Negative Sentiment is sitting at about 3.2, which indicates that social media users are making more than three bullish posts for every bearish comment. “There is a growing narrative that the asset is primed for a breakout after trailing Bitcoin and other large caps, and regressing to the mean,” noted Santiment. While sentiment surrounding Solana has surged, the other indicator displayed in the chart, the Daily Active Addresses, has plummeted instead. This metric measures the total number of addresses taking part in some kind of transaction activity on the network every day. It would appear that user participation on the SOL blockchain shot up in January and reached a peak alongside the bottom in February. This trend wasn’t surprising, as volatile price action tends to attract trader attention. As the digital asset sector as a whole fell into a phase of consolidation following the February low, the Daily Active Addresses naturally declined as investors lost interest in the market. Recently, the metric has plunged to especially low levels, reflecting muted activity on the blockchain. More specifically, there have been just 2.89 million addresses that made transactions during the past week. For comparison, the indicator’s value was 5.01 million during the February high. Related Reading: Dogecoin Sees Big-Money Interest: Whales Load Up On 160M DOGE With the Daily Active Addresses sitting at a 4-month low right now, it remains to be seen whether the bullish outcome that the social media crowd is hoping for will follow for Solana. SOL Price At the time of writing, Solana is trading around $89, up more than 5% in the last 24 hours. Featured image from Dall-E, chart from TradingView.com

Solana is showing a mixed outlook as it stabilizes around a key technical level while underlying network activity continues to soften. Price action has found a firm footing near the $84 support zone, helping to preserve the broader bullish structure and limit downside pressure for now. Market Structure Remains Strong Despite Engagement Drop Solana is holding a critical level that could define its next major move. An analyst known as Venture on X highlighted that SOL is currently at the support-resistance (SR) level around $84, and the structure suggests there is little reason for the price to break below it. Once momentum shifts, price could quickly move through nearby value areas, and the structure below has effectively turned into a defensive base. Related Reading: Solana (SOL) Hits Key Support, Will Bulls Hold the Line? Looking at the broader macro, this structure aligns with a major SR level that previously held firm, even as calls for a deeper 70% correction circulated. The current structure on the chart shows that the SOL price will not go lower until it loses its current level, and the money flow data will shift back to negative. In this context, SOL is behaving similarly to other cryptocurrencies that form a positive daily phase, often associated with mid-cycle pivots. With multiple technical factors aligning, the current setup is being viewed as a low-risk, high-reward long opportunity, as long as key levels continue to hold. What This Downtrend Means For Solana’s Market Position Solana is showing a striking divergence between network activity and market sentiment. Santiment Intelligence on X has noted that the SOL weekly active addresses have fallen sharply from around 5.01 million in early February to approximately 2.89 million in the latest data. Fewer wallets are actively transferring SOL, suggesting reduced usage at a time when the asset has largely stagnated in price. Related Reading: Solana Ecosystem Boom: Network Sees Massive Growth In Stablecoin Active Users At the same time, sentiment toward SOL platforms has surged to its highest level since January. Bullish commentary now significantly outweighs bearish views, with roughly 3.2 positive mentions for every negative one across X, Reddit, Telegram, and other platforms. The narrative gaining traction is that SOL may be primed for a breakout, especially after underperforming Bitcoin and other major assets, potentially benefiting from a mean reversion. However, the key question remains whether SOL can validate the bullish outlook, which will likely depend on its network’s ability to reverse the current decline in activity and reestablish meaningful on-chain utility. The founders of morecryptoonlv, known as MCO Global on X, have also pointed out that Solana is attempting to track the upward momentum of Bitcoin, with its broader wave structure still intact. From a technical standpoint, the current setup remains constructive, and the price needs to hold the signal line at $85.50 to maintain bullish momentum. Featured image from Freepik, chart from Tradingview.com

Solana’s price action continues to flash caution signals, even as momentum indicators suggest oversold conditions. The broader market structure remains tilted to the downside, with bearish waves still unfolding and key support levels under pressure. Until a clear shift in structure and a strong bullish impulse emerge, the risk of further downside remains firmly on the table.  Bearish Structure Dominates Solana On Lower Timeframe In the current follow-up wave outlook for Solana on the 1-hour timeframe, Elliott Waves Academy highlights that bearish control remains firmly intact. The price has already experienced a strong impulsive decline, marking the first leg of a broader downward trend. This move is likely unfolding as waves 3–5 within wave (1)/(A), suggesting that the market is still in the early stages of a larger bearish cycle. Related Reading: Solana (SOL) Rebound Feels Exhausted—Are Sellers Taking Over Again? At this stage, price is approaching the 100% extension of the prior wave, aligning with a key support level of $78.33. This zone is technically significant and could act as a temporary reaction point where buyers attempt to slow down the decline or trigger a short-term bounce. If the market fails to produce a convincing reversal at this support, the bearish structure is expected to extend further through the sub-waves of wave 5, reinforcing sustained selling pressure in the medium term. From a short-term perspective, a wave 2 corrective rebound may develop before the next leg down. This bounce could take the form of a sharp, channeled recovery, often seen in counter-trend moves. However, any breakdown below key support during or after this correction would confirm that the broader bearish trend remains dominant, making it essential to monitor price action and structure at these levels closely. Weekly RSI Mirrors 2022 Bear Market Conditions According to More Crypto Online, the weekly RSI on Solana’s chart is currently showing similarities to the conditions observed during the 2022 bear market, just before the final bottom. This resemblance has drawn attention, as it may offer clues about the market’s current position within a broader cycle. Related Reading: Solana Breakdown Risk Builds As $94 Supply Zone Crushes Momentum Many market participants have pointed to the oversold RSI reading seen in February as a signal that a recovery could be underway. However, relying solely on RSI without confirmation from price structure can be misleading, especially in extended bearish phases. The current setup closely mirrors early 2022, when the market experienced a prolonged period of sideways movement before eventually forming a final low in both price and RSI. That historical pattern suggests that more consolidation or downside could still occur before a true bottom is established. For now, the comparison remains valid until a clear impulsive move to the upside is confirmed. Furthermore, a strong bullish impulse would significantly improve the overall outlook for Solana. Featured image from Freepik, chart from Tradingview.com

Russia’s Moscow Exchange (MOEX) will begin publishing four new cryptocurrency indexes — tracking Solana, XRP, TRON, and BNB — starting May 13, 2026, marking the first time the country’s leading securities exchange has extended its regulated crypto benchmark suite beyond Bitcoin and Ethereum.  Related Reading: Iran Launches Missiles At UAE — Bitcoin Price Barely Blinks The development, first reported by Russian crypto outlet bits.media and confirmed by Wu Blockchain, represents the second phase of what MOEX has framed as a longer-term buildout of its digital asset infrastructure. Russia’s Largest Securities Exchange to Launch SOL, XRP, TRX and BNB Crypto Indexes The Moscow Exchange will begin publishing four crypto indexes tracking SOL, XRP, TRX and BNB from May 13, using pricing data from Binance (50%), Bybit (20%), OKX (15%) and Bitget (15%). Existing… pic.twitter.com/SIUCvugd4D — Wu Blockchain (@WuBlockchain) May 5, 2026  The exchange launched its Bitcoin index (MOEXBTC) in June 2025 and its Ethereum index (MOEXETH) in October 2025. The four new benchmarks — Solana (MOEXSOL), XRP (MOEXXRP), TRON (MOEXTRX), and Binance Coin (MOEXBNB) — follow the same architectural model, with index values updated every 15 seconds during trading hours. How The Indexes Are Built: Solana, TRON, XRP According to the report, the four new indexes will calculate prices using a weighted blend of data from major global exchanges: Binance at 50%, Bybit at 20%, OKX at 15%, and Bitget at 15%. All products will be restricted to qualified professional investors under Bank of Russia regulations and structured as cash-settled instruments, meaning no physical delivery of the underlying cryptocurrency is involved. Futures contracts tied to each new index are expected to follow once sufficient price history has been established — mirroring the path taken by MOEX’s existing BTC and ETH futures products. Dogecoin And Cardano Could Be Next MOEX has stated its intention to grow its total crypto index count to at least 10 assets over time, including Hyperliquid (HYPE). Also, Dogecoin and Cardano have been cited as likely candidates for future additions, suggesting May 13 marks an expansion phase rather than a ceiling. The broader regulatory environment is also moving in tandem. A digital asset bill currently under review in Russia’s State Duma is expected to be finalized by mid-2026. If passed, the framework could allow limited retail participation in crypto-linked instruments under an annual cap of approximately $4,000 — a significant opening for a market currently accessible only to qualified investors. A Signal For The Broader Sector This development marks a pivotal moment for the nascent sector’s global footprint, especially for Solana, TRON, and XRP. As regulated financial products tied to altcoins — indexes, futures, and eventually options — gain traction across exchanges from Moscow to Chicago, the case for digital assets as a legitimate institutional asset class continues to strengthen. Each new market that formalizes crypto exposure within its regulated infrastructure adds another layer of structural demand to the ecosystem, a dynamic that could increasingly influence price discovery and liquidity for top-tier altcoins worldwide. Related Reading: Why is Crypto Up Today? Bitcoin Price Faces ‘Real Test’ At This Key Level As of this writing, Solana trades at around $147, XRP at $2.11, TRON at $0.26, and BNB at approximately $598, with all four assets set to gain dedicated regulated exposure on one of Eastern Europe’s largest exchanges within the week. SOL's price trends sideways on the daily chart. Source: SOLUSD on Tradingview Cover image by Grok, SOLUSD chart on Tradingview

Solana started a fresh increase from the $83.50 zone. SOL price is now consolidating and might aim for more gains above the $85.50 zone. SOL price started a fresh upward move above the $83 and $84 levels against the US Dollar. The price is now trading above $84 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $83.80 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $85.50 resistance zone. Solana Price Eyes Key Upside Break Solana price corrected gains from the $85.50 zone but remained stable above the $83 zone, like Bitcoin and Ethereum. SOL formed a low near $83.20 and started a fresh upward move. The price climbed above the $84 level to enter a short-term positive zone. It surpassed the 50% Fib retracement level of the downward move from the $85.85 swing high to the $83.27 low. Besides, there is a bullish trend line forming with support at $84.00 on the hourly chart of the SOL/USD pair. Solana is now trading above $84 and the 100-hourly simple moving average. On the upside, the price is facing resistance near $85.20 and the 76.4% Fib retracement level of the downward move from the $85.85 swing high to the $83.27 low. The next major resistance is near the $85.50 level. The main resistance could be $88. A successful close above the $88 resistance zone could set the pace for another steady increase. The next key resistance is $90. Any more gains might send the price toward the $95 level. Another Drop In SOL? If SOL fails to rise above the $85.50 resistance, it could start another decline. Initial support on the downside is near the $83.80 zone and the trend line. The first major support is near the $82.50 level. A break below the $82.50 level might send the price toward the $80 support zone. If there is a close below the $78 support, the price could decline toward the $72 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $83.80 and $82.50. Major Resistance Levels – $85.50 and $88.00.

Solana (SOL) is showing early signs of recovery as price action begins to stabilize within a defined channel following its recent pullback. With selling pressure easing and buyers gradually stepping in, momentum appears to be shifting toward a potential corrective upswing.  Corrective Recovery Scenario Takes Shape Presenting a wave outlook for Solana on the 1-hour timeframe, Elliott Waves Academy highlights a potential shift in short-term structure. Momentum appears to be cooling on the downside, opening the door for a corrective phase that could reshape the near-term trend. Related Reading: Solana (SOL) Edges Up, Traders Watch For Sustained Upside Move One of the more probable scenarios suggests a recovery unfolding through a corrective wave, potentially identified as wave (2)/(B). Such a move may develop into a double zigzag structure, a pattern often seen when the market attempts a deeper retracement with buyers gradually stepping back into the market. A decisive breakout above the upper boundary of the current diagonal pattern would provide early confirmation of this recovery setup. Strength would be further reinforced if price manages to clear the key level associated with the previous bearish wave, signaling that selling pressure is weakening.  From a Fibonacci perspective, the anticipated recovery zone lies between the 50% and 61.8% retracement levels of the prior downward move. These levels often act as magnets during corrective phases, with the potential for an extended push toward the 78.6% retracement if bullish momentum builds.  For a broader bearish wave to occur, this retracement region must act as a strong resistance zone where sellers regain control. A noticeable increase in selling pressure here could trigger the next leg of the decline. However, if Solana begins to form impulsive waves while maintaining a pattern of higher lows, without revisiting the previous bottom, it would increase the likelihood of a more sustained upside move beyond the corrective phase. Solana Taps Reversal Zone, Early Bounce Emerges According to crypto analyst BitGuru, Solana has moved into a key reversal zone, where price is showing early signs of a bounce following its recent decline. The reaction in this area suggests that the market may be attempting to establish a short-term floor, with buyers starting to respond to the discounted price levels. Related Reading: Solana Tightens Range: Breakout Brewing As Correction Nears Completion At the same time, selling pressure appears to be gradually easing, pointing to a slowdown in bearish momentum. As downside strength fades, conditions often become favorable for buyers to step in, particularly in zones historically associated with demand.  If Solana can maintain support above this level and continue forming higher lows, the ongoing bounce could develop into a more structured recovery. Such a move may pave the way for a push higher, with price potentially targeting the upper boundary of its recent range if bullish momentum continues to build. Featured image from Pngtree, chart from Tradingview.com

Solana found support at $81.40 and corrected some losses. SOL price is now consolidating above $83.50 and might aim for a steady increase. SOL price started a decent recovery wave above $82 and $83.50 against the US Dollar. The price is now trading near $84 and the 100-hourly simple moving average. There was a break above a bearish trend line with resistance at $83.45 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $84.50 and $85.00. Solana Price Starts Recovery Solana price remained stable and started a decent recovery wave from $81.40, like Bitcoin and Ethereum. SOL was able to climb above the $82.50 level. There was a move above the 50% Fib retracement level of the downward move from the $85.48 swing high to the $81.40 low. Besides, there was a break above a bearish trend line with resistance at $83.45 on the hourly chart of the SOL/USD pair. However, the bears are active below $85.00 and the 76.4% Fib retracement level of the downward move from the $85.48 swing high to the $81.40 low. Solana is now trading near $84 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $84.50 level. The next major resistance is near the $85.50 level. The main resistance could be $87. A successful close above the $87 resistance zone could set the pace for another steady increase. The next key resistance is $92. Any more gains might send the price toward the $102 level. Another Decline In SOL? If SOL fails to rise above the $85.50 resistance, it could continue to move down. Initial support on the downside is near the $83.45 zone. The first major support is near the $82.50 level. A break below the $82.50 level might send the price toward the $81.40 support zone. If there is a close below the $81.40 support, the price could decline toward the $77 zone in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $82.50 and $81.40. Major Resistance Levels – $84.50 and $85.50.

Western Union’s decision to build on Solana isn’t just another stablecoin integration, but a signal that the foundations of global payments may be starting to shift. For decades, Western Union has been synonymous with cross-border money movement, built on a network of intermediaries, settlement layers, and regional constraints. Behind the surface, this move suggests a potential shift in how global payment infrastructure is being built, upgraded, and ultimately replaced. How Solana Could Fit Into The Future Of Global Money Movement Western Union’s decision to build USDPT on Solana is more than just another stablecoin headline; it’s a signal that the role of stablecoins is moving from crypto narrative to real payment infrastructure. The CEO of MEXC and Honorary Chairman of MVenturesLabs, Vugar Usi, has pointed out on X that for years, stablecoins have mainly been seen as trading tools, and were a way for traders to move capital faster, manage liquidity, and reduce friction in crypto. Related Reading: Solana Prepares For The Quantum Era: Foundation Details Step-By-Step Transition However, when a global remittance giant begins building a dollar-based payment token on SOL, the narrative shifts from trading utility to real-world infrastructure. This is no longer about traders optimizing capital flow, but about real-world settlement, treasury management, and cross-border payments operating on new rails.  Furthermore, it’s about replacing slow, fragmented financial rails with infrastructure that operates seamlessly in the background. In Vugar Usi’s view, SOL is validated as a payment rail, and stablecoins as a real financial infrastructure. Thus, exchanges should be ready with liquidity, access, education, and simple user journeys. For platforms like MEXC, this shift carries clear implications, because adoption does not always arrive loudly. Sometimes, it arrives through better rails, faster settlement, and fewer reasons for users to care about the backend. If these rails disappear, that’s when crypto will win. Is Solana Entering The Kind Of Zone Where Reversals Begin? Solana is going through one of those moments that tend to define the market cycle. Crypto analyst Robert revealed that SOL price has taken a severe hit, down 71% from its 2025 all-time high (ATH). At the same time, Solana’s Net Unrealized Profit/Loss (NUPL) is sitting deep at 0.67 in full capitulation territory, a level that typically reflects that holders are sitting on heavy unrealized losses. Related Reading: Solana Foundation President Explains Why SOL Is Built For Unified Liquidity Data from Fidelity Investments suggests that historically, similar conditions have preceded strong rebounds, with a median of over 516% the following year. Meanwhile, they’re quick to emphasize the limitations of a small sample size, weak correction, and that past performance may not repeat itself. On the bright side, network usage is rising, with monthly active addresses up 50%, new addresses growing over 35%, and stablecoin flows are holding steady. However, this shift shows that real utility is building even as the price is down, but on-chain activity tells a more resilient story. Featured image from Freepik, chart from Tradingview.com

Ethereum and Solana are once again under close watch as fresh data reveals how both networks are performing, with recent fee metrics and on-chain activity offering a clearer picture of where momentum currently sits. Ethereum Vs. Solana: Fee Dominance And Growing Activity Recent figures directly address how both networks compare, showing Ethereum building a clear lead in economic activity. Data shared on April 24, 2026, by @ETH_Daily revealed that Ethereum had been generating more total fees than Solana for over a week. In the most recent 24-hour snapshot, Ethereum recorded approximately $2.7 million in fees, while Solana produced about $70,000. This 40 times gap highlights a sustained difference rather than a short-term fluctuation. Related Reading: XRP’s 900% Move To $15: Pundit Flags The Retest That Will Trigger It The fee chart tied to this update provides further clarity. Ethereum’s fee levels, which had been moving within moderate ranges earlier in the period, surged sharply toward nearly $2.75 million. In contrast, Solana’s fees fluctuated within a tighter band before declining significantly, eventually approaching minimal levels.  Beyond fees, on-chain data adds another layer to the comparison. On April 27, 2026, @CryptoQuant reported that Ethereum’s active addresses had climbed to record highs even as its price moved lower. The dataset, attributed to CryptoOnchain, shows activity nearing 600,000 addresses while price levels remain below previous peaks near $4,000 and closer to around $2,300. This divergence between rising participation and softer price action suggests that Ethereum’s usage is expanding independently of market valuation. The combination of strong fee generation and increasing address activity points to growing demand, particularly in areas involving higher-value transactions and decentralized finance. The fact that users continue to transact despite higher costs indicates that Ethereum is capturing a larger share of meaningful economic activity. Ethereum Vs. Solana: Usage Patterns And Market Signals Looking at the same period, Solana’s performance reflects a different activity structure. The network’s lower fee output suggests that transaction values are comparatively smaller or that overall high-value usage has declined. This does not diminish its role in the market, but it does highlight a gap when measured by revenue generated from network use. Related Reading: Why The 42% Crash From ATH Is Actually Good For Bitcoin And The Crypto Market The contrast becomes more defined when aligning both fee data and on-chain signals. Ethereum’s sustained lead in fees over more than a week indicates consistent demand for its block space, while Solana’s lower figures point to a network where activity is either less monetized or concentrated in lower-cost transactions. This difference is significant because fees are often viewed as a direct reflection of how much value users are moving across a blockchain. At the same time, the divergence identified by CryptoQuant reinforces Ethereum’s position, with rising active addresses during a period of price weakness signaling sustained engagement. No comparable signal appears for Solana in the same dataset, leaving Ethereum with clearer indicators of growing usage. Overall, the data shows Ethereum with stronger underlying activity and higher economic throughput, while Solana reflects more moderately monetized usage during this period. Featured image from Dune Analytics, chart from TradingView.com

Solana failed to settle above $86 and corrected most gains. SOL price is now consolidating losses above $82 and might attempt another increase. SOL price started a fresh decline below $86 and $85 against the US Dollar. The price is now trading below $85 and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $84 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $83.00 or $82.50. Solana Price Dips From $88 Solana price failed to remain stable above $88 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $86 and $85 levels. The bears even pushed the price toward $83. A low was formed at $82.96, and the price is now consolidating losses. There was a minor recovery wave above the 23.6% Fib retracement level of the downward move from the $88.08 swing high to the $82.96 low. Besides, there was a break above a connecting bearish trend line with resistance at $84 on the hourly chart of the SOL/USD pair. Solana is now trading near $85 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $85.50 level or the 50% Fib retracement level of the downward move from the $88.08 swing high to the $82.96 low. The next major resistance is near the $86.80 level. The main resistance could be $88. A successful close above the $88 resistance zone could set the pace for another steady increase. The next key resistance is $90. Any more gains might send the price toward the $92 level. More Losses In SOL? If SOL fails to rise above the $85.50 resistance, it could continue to move down. Initial support on the downside is near the $83.50 zone. The first major support is near the $83 level. A break below the $83 level might send the price toward the $80 support zone. If there is a close below the $80 support, the price could decline toward the $75 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $84.00 and $82.00. Major Resistance Levels – $85.50 and $88.00.

A crypto analyst has highlighted how Solana could be setting up for a 10% price move based on a technical analysis (TA) pattern in its hourly chart. Solana Could Be Following A Symmetrical Triangle In a new post on X, analyst Ali Martinez has talked about a TA pattern forming in the 1-hour price chart of Solana. The pattern in question is a Symmetrical Triangle, which is a type of consolidation channel that looks, as its name suggests, like a triangle. The pattern involves two trendlines, with the higher one acting like a resistance level, while the lower one provides support. Like with other consolidation patterns in TA, a break out of either of these bounds can signal a breakout in that direction. This means that a surge above the triangle can be a bullish sign and a drop under the lower one a bearish one. Related Reading: Bitcoin Fear & Greed Turns Neutral For First Time Since January The unique feature of a Symmetrical Triangle is that its trendlines are angled at a roughly equal and opposite slope. As the price moves through this channel, its range shrinks down to a midpoint. Like the Symmetrical Triangle, there are also other triangle patterns in TA. The Ascending Triangle forms when the upper trendline is parallel to the time-axis, while the Descending Triangle emerges in the case of a parallel lower level. Now, here is the chart shared by Martinez that shows the Symmetrical Triangle that the hourly Solana price has been trading inside over the last couple of weeks: As displayed in the above graph, the 1-hour Solana price has been making its way through the Symmetrical Triangle and is now near its apex. In this zone, the range naturally becomes tight, so retests of the trendlines tend to turn more frequent. More retests, of course, imply a higher likelihood of a level giving out. Because of this reason, breakouts are generally the likeliest to occur around triangle apexes. In the scenario that a breakout does occur from here for SOL, it’s possible that a sustained move could follow. Based on the height of the triangle, the analyst has noted that this move could be of about 10%. Now, which direction could such a break occur in? Usually, for Symmetrical Triangles, breakouts are considered equally probable in either direction. This is due to the fact that the pattern involves no upward or downward bias, unlike the Ascending and Descending Triangles. Related Reading: Bitcoin Sentiment Warning: Social Media FOMO Spikes Again That said, since Martinez has made the post, Solana has seen more drawdown, which could serve as an early hint that the support level could be at higher risk at the moment. SOL Price Solana has declined to $84 after its decline over the past day. Featured image from Dall-E, chart from TradingView.com

Solana started a fresh increase above the $86 zone. SOL price is now consolidating above $87 and might aim for more gains above the $90 zone. SOL price started a fresh upward move above the $85 and $86 levels against the US Dollar. The price is now trading above $87 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $86.50 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $90 resistance zone. Solana Price Regains Traction Solana price corrected gains from the $90 zone but remained stable above the $85 zone, like Bitcoin and Ethereum. SOL formed a low near $85 and started a fresh upward move. The price climbed above the $85 level to enter a short-term positive zone. It surpassed the 50% Fib retracement level of the downward move from the $89.34 swing high to the $84.55 low. Besides, there is a bullish trend line forming with support at $86.50 on the hourly chart of the SOL/USD pair. Solana is now trading above $87 and the 100-hourly simple moving average. On the upside, the price is facing resistance near $88.20 and the 76.4% Fib retracement level of the downward move from the $89.34 swing high to the $84.55 low. The next major resistance is near the $90 level. The main resistance could be $92. A successful close above the $92 resistance zone could set the pace for another steady increase. The next key resistance is $100. Any more gains might send the price toward the $105 level. Another Decline In SOL? If SOL fails to rise above the $90 resistance, it could start another decline. Initial support on the downside is near the $86.50 zone and the trend line. The first major support is near the $85 level. A break below the $85 level might send the price toward the $80 support zone. If there is a close below the $78 support, the price could decline toward the $72 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $86.50 and $85.00. Major Resistance Levels – $88.20 and $90.00.

Solana failed to settle above $90 and corrected most gains. SOL price is now consolidating losses above $85 and might attempt another increase. SOL price started a fresh decline below $88 and $87 against the US Dollar. The price is now trading near $86 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $85.50 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $85.50 or $85. Solana Price Dips From $90 Solana price failed to remain stable above $90 and started a fresh decline, unlike Bitcoin and Ethereum. SOL declined below the $88 and $87 levels. The bears even pushed the price toward $85. A low was formed at $85.55, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $89.34 swing high to the $85.55 low. Solana is now trading near $86 and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $85.50 on the hourly chart of the SOL/USD pair. On the upside, immediate resistance is near the $87 level. The next major resistance is near the $87.80 level or the 61.8% Fib retracement level of the downward move from the $89.34 swing high to the $85.55 low. The main resistance could be $88.80. A successful close above the $88.80 resistance zone could set the pace for another steady increase. The next key resistance is $90. Any more gains might send the price toward the $92 level. More Losses In SOL? If SOL fails to rise above the $87.80 resistance, it could continue to move down. Initial support on the downside is near the $85.50 zone. The first major support is near the $84 level. A break below the $84 level might send the price toward the $82 support zone. If there is a close below the $82 support, the price could decline toward the $80 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $85.50 and $84.00. Major Resistance Levels – $87.80 and $88.80.

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In a crypto landscape increasingly defined by fragmentation, the idea of unified liquidity is gaining traction, and Solana is positioning itself at the center of that conversation. Solana Foundation president explained that the network’s architecture was intentionally designed to keep liquidity on a single, high-performance layer rather than splitting it across multiple chains, bridges, and isolated environments. How Unified Liquidity Improves Market Efficiency The Solana Foundation president Calilyliu claimed that SOL is built for unified liquidity. According to a post on X, Calilyliu stated that no matter how advanced a technology may be, no participants is ever bigger than the market itself, and the most important thing in finance is liquidity. Related Reading: Solana Foundation Launches Developer Platform — TradFi And DeFi Giants Join The Push In an interview at the Solana Policy Institute’s Washington x Wall Street Summit, she highlighted that the market will always win, liquidity will always win, and people will ultimately trade off everything to participate in the largest market. Meanwhile, the scale of that opportunity to create a marketplace is unprecedented, with an estimated 5.5 billion people connected to the internet. There is no isolated pool of liquidity that will be larger than SOL.  SOL’s architecture aims to support a single, global marketplace accessible to anyone online, which reinforces the network as the preferred infrastructure. By prioritizing unified liquidity from the start, SOL positions itself as the number one network designed for the full scale of the financial market. A New Foundation For Autonomous AI Agents To Operate On Solana In a recent post on X, SAEP introduced the agent economy protocol on Solana, a foundational infrastructure layer designed to enable autonomous artificial intelligence (AI) agents to operate as independent economic actors on SOL.  Related Reading: Solana Value Proposition Extends Beyond Tech Into Economic Infrastructure Today, AI agents are already capable of executing tasks and generating real economic value, but they rely on centralized APIs and human-controlled wallets. There is no trustless framework that allows an agent to natively hold funds, take a job, verify completion, or resolve disputes without human intervention. SAEP is built to remove that limitation. At its core is a system of 10 interconnected Anchor programs that collectively define a machine-native economy. Agents are given on-chain identities, paired with staked reputation, and enforced through slash timelocks. At the financial layer, agents are equipped with sovereign PDA treasuries with programmable sending rules. SAEP also introduces a permissionless task marketplace, where agents can discover and execute jobs with atomic jito-bundled escrow. Payment is conditional and trustless, released only when Groth16 zero-knowledge proofs verification confirms that the required work has been completed. In case of conflict, SAEP integrates Switchboard VRF-powered dispute resolution, where bonded jurors and on-chain are randomly selected to arbitrate outcomes. Beyond execution, SAEP embeds governance, staking, and fee distribution directly into its architecture, creating a fully integrated economic system from day one. Lastly, security is enforced through audit-gated development, a 4-of-7 multisig, and a 7-day upgrade timelock. Featured image from iStock, chart from Tradingview.com

Solana failed to settle above $90 and extended losses. SOL price is now consolidating losses below $85 and might struggle to start a recovery wave. SOL price started a fresh decline below $88 and $85 against the US Dollar. The price is now trading below $85 and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $85.50 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $82 or $80. Solana Price Dips Below $85 Solana price failed to remain stable above $90 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $88 and $86 levels. The bears even pushed the price toward $82. A low was formed at $82.92, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $90.75 swing high to the $82.92 low. Solana is now trading below $86 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $85 level. There is also a bearish trend line forming with resistance at $85.50 on the hourly chart of the SOL/USD pair. The next major resistance is near the $86.80 level or the 50% Fib retracement level of the downward move from the $90.75 swing high to the $82.92 low. The main resistance could be $88. A successful close above the $88 resistance zone could set the pace for another steady increase. The next key resistance is $90. Any more gains might send the price toward the $92 level. More Losses In SOL? If SOL fails to rise above the $86.80 resistance, it could continue to move down. Initial support on the downside is near the $82.80 zone. The first major support is near the $82 level. A break below the $82 level might send the price toward the $80 support zone. If there is a close below the $80 support, the price could decline toward the $76 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $82 and $80. Major Resistance Levels – $86.80 and $88.00.

A recent report has suggested that the digital assets market has likely entered its “crypto winter” after the sector’s market capitalization and trading volume continued to decline for a second consecutive quarter. Related Reading: Solana-Based Drift Protocol Announces $150M Recovery Fund, New Token Following Tether Collab Crypto Winter Arrives As Volumes Drop On Thursday, CoinGecko affirmed that the market transitioned from a sharp correction to a “sustained” crypto winter in Q1 2026. This shift occurred as the late 2025 bearish momentum collided with the onset of global geopolitical tensions in the first quarter of the year. According to its 2026 Q1 Crypto Industry Report, the total crypto market capitalization dropped around 20.4%, roughly $622 billion, ending the first quarter at $2.4 trillion and marking the second consecutive quarter of decline. This contraction, which accelerated between mid-January and early February, left the market around 45% below its October peak of $4.27 trillion. During this period, daily trading activity also declined by 27.2% Quarter-over-Quarter (QoQ), with an average daily trading volume of $117.8 billion. Meanwhile, spot trading volume on the top 10 centralized exchanges (CEXes), including Binance, MEXC, KuCoin, and Bybit, decreased 39.1% QoQ to $2.7 trillion, seeing a notable decline by the end of Q1. Per CoinGecko data, volumes held above the $1 trillion mark in January, but fell throughout the quarter. With only $0.8 trillion in trading volume, March was the weakest month of Q1, recording the lowest levels since November 2023. While Binance maintained its dominance, with a 37% market share, MEXC was the only other exchange with a double-digit market share in Q1, at 10%. “All top 10 spot CEXes saw trading volume decline in Q1, with drops ranging from -23% to -55%. HTX saw the biggest slump, with its quarterly trading volume dropping to $133.6 billion in 2026 Q1 from $294.4 billion in 2025 Q4. Its market share fell to 4.9%, placing it in #10,” the report added. Majors Decline, Stablecoins Remain Flat Crypto market-wide declines continued in Q1, as majors pulled back for a second consecutive quarter. Bitcoin (BTC) fell 22% during the quarter but outperformed the other top five crypto assets by a narrow margin. However, it continued to underperform other major assets, including Oil, Gold, and the S&P 500. Ethereum (ETH), BNB, XRP, and Solana (SOL) recorded similar drawdowns as Bitcoin, which “weighed heavily on total market capitalization.” Legacy tokens such as Uniswap (UNI) and Chainlink (LINK) also faced continued pressure despite institutional adoption and gaining “digital commodity” status under the SEC-CFTC Joint Interpretive Guidance issued last month. The report noted that relative strength emerged amongst some altcoins after the Q4 2025 sell-off, including Hyperliquid (HYPE) and Bittensor (TAO), which outperformed the broader sector. Related Reading: Bitcoin Double Bottom Formation Eyes $82,500 Rally – Breakout Or Rejection Next? Meanwhile, the total stablecoin market capitalization stayed mostly flat in Q1, seeing a marginal 0.5% increase to end the quarter at $309.9 billion. During this period, Tether’s USDT saw its supply decline 1.6% to $184.1 billion, the first meaningful drop since Q2 2022. Circle’s USDC grew 2.4% to hit $77.1 billion, while Sky’s USDS and WLFI’s USD1 recorded double-digit growth. Nonetheless, stablecoin’s stability despite the challenging landscape for the broader crypto market in Q1 highlighted “the sector’s role as a liquidity anchor,” CoinGecko emphasized. Featured Image from Unsplash.com, Chart from TradingView.com

The crypto market is buzzing after new speculation about a potential collaboration between Solana (SOL) and XRP spread across social media. This comes alongside claims of a wrapped XRP (wXRP) expansion into Solana-based decentralized finance. The developments have fueled debates among traders and analysts, with some pointing toward potential liquidity shifts and others highlighting their bullish impact on prices. If true, an integration between Solana and XRP could be the catalyst the market has been anticipating to push them toward much higher valuations.  Solana Drops “XRP” Bomb On X The team behind the Solana blockchain has triggered widespread discussion across the crypto market after a recent X post that referenced XRP. The post featured a short video accompanied by the curt text “XRP,” which immediately captured the attention of the Solana and XRP communities and generated over 1.8 million views at the time of writing.  Related Reading: Here’s How Solana And XRP ETFs Have Performed Compared To Bitcoin And Ethereum Many traders and analysts tried interpreting the cryptic post, with some questioning whether a deeper connection between the two blockchain ecosystems was being hinted at. Solana later followed with an even more teaser-like message, declaring that it was “time to flip the switch.” This further intensified debates and speculation that something significant could be coming for XRP and Solana.  Despite the excitement and chatter, there has been no official confirmation of a partnership or technical integration between Solana and the XRP Ledger (XRPL). Much of the reaction has come from interpretations within the crypto community, where cryptic marketing posts are often treated as potential signs of upcoming developments.  Some community members believe that Solana’s message could point to future interoperability or a merger between the two ecosystems. Others argue it may be attention-driven content designed to engage both the Solana and XRP communities without any underlying technical announcement. At the same time, some claim that a potential partnership or integration could be bullish for both cryptocurrencies’ prices.  Whatever the case, the Solana-related activity remains speculative and has not been backed by formal documentation from either ecosystem.  A Possible Integration Between Solana And XRP Separately on X, a pseudonymous crypto analyst, SMQKE, has drawn attention to a potential expansion of XRP utility on Solana-based DeFi platforms. The analyst shared a screenshot of a digital assets report published by AmplifyETFs, suggesting that XRP is poised to expand its functional use through the introduction of a wrapped XRP asset designed to operate within Solana’s decentralized applications (dApps).  Related Reading: XRP Is At A Critical Decision Point, But Can Price Still Rally To $2? SMQKE noted that the wXRP is backed 1:1 by native XRP and will be held in regulated custody through Hex Trust, with interoperability enabled by infrastructure connected to LayerZero, an omnichain protocol. The structure allows XRP holders to move value into the Solana ecosystem while maintaining the ability to redeem it back into native XRP on its ledger.  The significance of this development is that it could potentially extend XRP beyond its traditional role in payments and settlement. By becoming available within Solana DeFi platforms, XRP could be used in lending markets, liquidity pools, and trading systems that are more active than those typically associated with its native network. Featured image from Medium, chart from Tradingview.com

Solana-based decentralized exchange (DEX) Drift Protocol has shared the highly anticipated user recovery plan alongside Tether and other collaborators. This move follows the major exploit that drained $285 million from the project’s vaults two weeks ago. Related Reading: Bitcoin Double Bottom Formation Eyes $82,500 Rally – Breakout Or Rejection Next? Drift Protocol Secures $150M Recovery Fund On Thursday, Drift Protocol, the largest decentralized perpetual futures exchange on the Solana blockchain, announced a collaboration with Tether and other partners to establish a “structured recovery plan backed by up to nearly $150 million in combined support” and relaunch with USDT “at the center.” According to the announcement, the funds include a $100 million revenue-linked credit line, an ecosystem grant, and loans to market makers, all intended to finance a dedicated user recovery pool. As NewsBTC reported, the Solana-based DEX suffered an exploit that stole hundreds of millions of dollars from its vaults on April 1. The attack took around $285 million in multiple crypto assets and became the largest exploit of 2026 to date. During the initial phase of the collaboration, a significant portion of exchange revenue, together with committed support capital, will be intended to fund this recovery pool, Drift explained, noting that any stolen funds recovered would be contributed to the pool. In addition, Drift revealed that it will issue a new token for the affected users to “streamline distribution of recovery assets as well as provide liquidity opportunities for impacted users.” The token will be a dedicated recovery token, separate from the DRIFT governance token, that is intended to represent a claim on the recovery pool and will be transferable. Solana DEX Eyes Hardened Security Framework The Solana-based project shared that it will harden its security, passing each component through independent audits by OtterSec and Asymmetric Research before relaunching the protocol. It will also introduce a new community-governed multisig to manage core protocol assets, requiring all multisig signers to operate on dedicated signing devices with transaction content independently verified outside the primary signing interface before any signature is executed. This aims to prevent similar attacks on the project. It’s worth noting that the malicious actors gained unauthorized access to Drift Protocol by manipulating its multisig approvals using Solana durable nonces. “The attack involved unauthorized or misrepresented transaction approvals obtained prior to execution, likely facilitated through durable nonce mechanisms and sophisticated social engineering,” the project explained on its first report. Since then, Blockchain analytics firm Elliptic has identified multiple indicators suggesting that the exploit is linked to the Democratic People’s Republic of Korea (DPRK), while Drift has affirmed that the exploit was a six-month operation to infiltrate the protocol’s inner circle and compromise their devices. USDT Settlements ‘At The Center’ Of Drift The project also detailed that it will relaunch with Tether’s USDT for settlements. Tether reportedly proposed to extend a USDT support facility to designated market makers “to reinforce deep, liquid markets from day one.” “Drift’s decision to integrate USD₮ into the relaunch and recovery of a major trading venue on Solana reinforces Tether’s role as a reliable settlement asset within the Solana ecosystem,” Tether stated. The shift from USDC to USDT settlement represents a significant change, following Circle’s decision not to freeze the stolen USDC during the initial attack. Notably, the exploiter swapped $270.9 million of the stolen assets into USDC within hours, bridged them from Solana to Ethereum via the CCTP TokenMessengerMinterV2, and purchased 129,000 ETH, splitting them across multiple wallets. Related Reading: Bitmine’s Ethereum Holdings Hits 4% Supply Milestone After 71,524 ETH Buy At the time, multiple investors and on-chain investigators urged Circle to freeze the funds, with crypto sleuth ZachXBT slamming the stablecoin issuer for its repeated “inaction” over the past few years. Circle has since addressed the backlash, affirming that it does not act “unilaterally or arbitrarily” and freeze funds when “the law requires us to act.” Drift concluded that “this is the first step toward making users whole over time and toward building back stronger than where we were before.” Featured Image from Unsplash.com, Chart from TradingView.com

Bitcoin (BTC) has struggled to advance above major hurdles during the recent recovery, with price action failing to break through the $76,000 resistance level.  The market signals also show that several major cryptocurrencies—Ethereum (ETH), Binance Coin (BNB), Solana (SOL), and XRP—managed to track Bitcoin’s rebound. Even with that follow-through, they have likewise not fully cleared their own higher resistance levels.  Still, some analysts believe a cluster of supportive factors is starting to line up in a way that could lift both BTC and the broader crypto market to levels not seen since the beginning of the year. ‘Perfect Time’ For Bitcoin In a social media post on X (previously Twitter), market analyst Ash Crypto claimed that Bitcoin’s bullish setup could hardly be better at this point, and attributed that view to six catalysts he believes could push prices higher.  Among them, Ash pointed to the S&P 500 reaching a new all-time high, alongside expectations that the Russell 2000 and the Nasdaq could also set new highs soon.  Related Reading: Bitcoin Policy Institute Maps Out Strategy For US Stablecoin Supremacy Across 5 Policy Areas He also cited US economic data, highlighting that the ISM PMI has been above 52 for three straight months. In addition, Ash also referenced geopolitical headlines, arguing that peace talks involving the US, Iran, Israel, and Lebanon could reduce uncertainty and support risk appetite. On the crypto-specific side, Ash emphasized institutional and ecosystem demand. He noted that Michael Saylor’s Strategy (previously MicroStrategy) and spot Bitcoin exchange-traded funds (ETFs) are buying billions of BTC each week, framing it as an ongoing source of accumulation.  Finally, he suggested that the pace of development is accelerating in response to the “quantum threat,” which he sees as an additional long-term tailwind.  Why Altcoin Upside Is Possible Putting those pieces together, Ash concluded that conditions are “the perfect time” for Bitcoin to push toward the $85,000–$90,000 range, and that the move would likely be supportive for altcoins as well. Related Reading: What Presidio Bitcoin Found About Quantum Computing: Threat Timeline And Next Steps If the catalysts he highlighted continue to gain traction—starting from equity strength and macro stability, alongside institutional BTC demand—then both Bitcoin’s ascent and an altcoin resurgence could become increasingly plausible. Featured image from OpenArt, chart from TradingView.com 

Solana found support at $82.50 and corrected some losses. SOL price is now consolidating above $85 and might aim for a steady increase. SOL price started a decent recovery wave above $84 and $85 against the US Dollar. The price is now trading above $85 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $85.00 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $85.80 and $88.00. Solana Price Starts Recovery Solana price remained stable and started a decent recovery wave from $82.50, like Bitcoin and Ethereum. SOL was able to climb above the $85 level. There was a move above the 50% Fib retracement level of the downward move from the $87.74 swing high to the $82.74 low. Besides, there is a bullish trend line forming with support at $85.00 on the hourly chart of the SOL/USD pair. However, the bears are active near $85.80 and the 61.8% Fib retracement level of the downward move from the $87.74 swing high to the $82.74 low. Solana is now trading above $85 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $85.80 level. The next major resistance is near the $86.50 level. The main resistance could be $88. A successful close above the $88 resistance zone could set the pace for another steady increase. The next key resistance is $95. Any more gains might send the price toward the $102 level. Another Decline In SOL? If SOL fails to rise above the $85.80 resistance, it could continue to move down. Initial support on the downside is near the $85 zone. The first major support is near the $84 level. A break below the $84 level might send the price toward the $82.50 support zone. If there is a close below the $82.50 support, the price could decline toward the $77 zone in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $84.00 and $82.50. Major Resistance Levels – $85.80 and $88.00.

Morgan Stanley’s freshly launched Bitcoin exchange-traded fund pulled in nearly $62 million within its first week of trading — a debut that landed in the middle of the strongest week for crypto investment products in three months. Related Reading: TRUMP Buying Frenzy Builds Ahead Of Mar-A-Lago Power Event Macro Shifts Fuel The Comeback That broader rebound was driven by more than one firm’s market entry. Crypto funds globally attracted $1.1 billion in net inflows for the week ending April 11, according to asset manager CoinShares. The turnaround came after five straight weeks of outflows that drained roughly $4 billion from the market and left investor sentiment battered heading into April. CoinShares head of research James Butterfill pointed to two specific triggers: early ceasefire signals out of Iran and a softer-than-expected US inflation reading. Both helped ease nerves that had kept institutional money on the sidelines. US investors led the charge. Based on CoinShares data, American buyers accounted for $1.06 billion — about 95% of total global flows for the week. US spot Bitcoin ETFs absorbed the largest share, pulling in $833 million, per data from Farside Investors. Bitcoin And Ethereum Both Draw Fresh Money Bitcoin funds worldwide attracted $871 million. Ethereum, which had recorded outflows for three consecutive weeks before this, saw $196.5 million flow back in. Weekly trading volumes climbed 13% to $21 billion, though that number still sits well below the year-to-date average of $31 billion, reports indicate. The positioning among big investors told an interesting story. At the same time institutions were buying into Bitcoin and Ethereum, short-Bitcoin products — funds that profit when Bitcoin’s price falls — recorded $20 million in inflows. That was the highest single-week total for those products since November 2024. Money was moving in, but some of it was being used as a safety net. XRP funds, which had briefly outpaced Bitcoin the previous week with nearly $120 million in inflows, cooled significantly. Reports show XRP investment products brought in a little over $19 million during the same period. Morgan Stanley Moves Deeper Into Crypto Beyond the weekly numbers, Morgan Stanley’s expanding footprint in the space drew attention. The bank has already filed for Ethereum and Solana ETFs following its Bitcoin fund launch. Related Reading: Dollar’s Shrinking Value Adds Fuel To XRP Bull Case: Finance Expert According to reports, Morgan Stanley executive Amy Oldenburg said the firm also plans to roll out crypto services including a tokenized money market fund and tax-harvesting options for clients. Year-to-date, Bitcoin ETF inflows have reached just under $2 billion — about 82% of all crypto ETP inflows recorded in 2026. Ethereum remains in the red for the year, sitting at $130 million in cumulative outflows despite last week’s recovery. Total assets under management across crypto investment products climbed back to levels not seen since early February. Featured image from Pexels, chart from TradingView

Solana is entering a critical phase as price action tightens within a defined range, signaling that a major move could be on the horizon. With the broader correction nearing completion and key levels coming into focus, market structure suggests that a breakout may be brewing as momentum begins to shift. $49 Emerges As Critical Support—Can Bulls Defend The Structure? According to crypto analyst Ali Charts, the broader market noise often obscures the underlying technical reality of Solana. By zooming out to a higher timeframe, the governing structure of the asset becomes remarkably clear. Currently, Solana is trading within a well-defined ascending channel, a formation that has been dictating its long-term trajectory and providing a roadmap for its price action. Related Reading: Solana Breakdown Risk Builds As $94 Supply Zone Crushes Momentum At the top of the current range, $108 has emerged as the immediate macro resistance level. This price point represents a significant hurdle for the bulls, as evidenced by recent market behavior. Ali Charts notes that Solana has struggled to break and maintain any meaningful momentum above this threshold, making it the primary barrier to further upside. While macro resistance looms overhead, the analyst identifies $49 as the current main support level for SOL. Interestingly, this $49 mark aligns perfectly with the mid-range of the established ascending channel. This positioning suggests that as long as the price remains above this level, the asset is maintaining a healthy position within its long-term bullish structure. The interplay between the $49 support and the $108 resistance defines the current battlefield for Solana. By focusing on these specific structural levels rather than short-term fluctuations, traders can better understand the asset’s health.  Bearish Doubts Fade As Solana Nears End Of ABC Correction In a recent update, crypto analyst XForceGlobal revealed that despite earlier pushback from Solana holders against a bearish outlook, price action is now beginning to validate that perspective. The asset is nearing the completion of its macro ABC corrective structure, suggesting that the prolonged pullback phase may be coming to an end. Related Reading: Solana’s Deep Correction Could Be The Catalyst For Its Biggest Rally Yet Such a development is increasingly viewed as a positive signal, particularly as it aligns with the broader crypto market structure, where multiple assets are showing signs of a bullish continuation. The synchronization across higher timeframes adds weight to the idea that Solana could soon transition out of its corrective phase and into a more constructive trend. Based on the current structure, Solana’s correction is either already complete or in its final stretch, with the possibility of one last low before a reversal takes shape. If that final leg plays out, it could act as a liquidity sweep before momentum shifts, setting the stage for a stronger and more sustained upside move. Featured image from Pngtree, chart from Tradingview.com

Solana started a fresh increase above the $85 zone. SOL price is now consolidating near $87 and might aim for more gains above the $90 zone. SOL price started a fresh upward move above the $82 and $85 levels against the US Dollar. The price is now trading above $85 and the 100-hourly simple moving average. There was a break above a bearish trend line with resistance at $83.60 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $88 resistance zone. Solana Price Starts Fresh Recovery Wave Solana price started a decent increase after it settled above the $82 zone, like Bitcoin and Ethereum. SOL climbed above the $85 level to enter a short-term positive zone. Earlier, there was a break above a bearish trend line with resistance at $83.60 on the hourly chart of the SOL/USD pair. The price even smashed the $86 resistance. A high was formed at $86.85, and the price is now consolidating gains above the 23.6% Fib retracement level of the recent upward move from the $81.32 swing low to the $86.85 high. Solana is now trading above $85 and the 100-hourly simple moving average. On the upside, the price is facing resistance near $86.80. The next major resistance is near the $88 level. The main resistance could be $92. A successful close above the $92 resistance zone could set the pace for another steady increase. The next key resistance is $100. Any more gains might send the price toward the $102 level. Downside Correction In SOL? If SOL fails to rise above the $88 resistance, it could start another decline. Initial support on the downside is near the $85.50 zone. The first major support is near the $84.00 level and the 50% Fib retracement level of the recent upward move from the $81.32 swing low to the $86.85 high. A break below the $84.00 level might send the price toward the $82 support zone. If there is a close below the $82 support, the price could decline toward the $76.50 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $85.50 and $84.00 Major Resistance Levels – $88.00 and $90.00.

Securitize is set to issue a Currenc Group equity as a digital token on a public blockchain, with the shares expected to launch on both Ethereum and Solana. Related Reading: South Korea Imposes 5-Minute Audit Rule On Crypto Platforms The move puts Solana back in the spotlight for a use case tied to real-world assets, not just price moves. The setup is meant to combine Ethereum’s security profile with Solana’s faster and cheaper transaction speed. Price Holds In A Narrow Band Solana (SOL) was trading at $82.45 at the time of writing, according to CoinGecko data. The token was unchanged over the last 24 hours, but it was still up 4.50% over the past week. Trading volume came in at $3.55 billion, down 42% in a day, while market value held at $47.30 billion. $SOL Is Back At The Same Buy Zone That Pumped It 2,194% Last Time Will Solana Hit $1000 In Alt Season? pic.twitter.com/5Nj83gVZ7W — Crypto Patel (@CryptoPatel) April 9, 2026 That muted price action sits beside a much louder forecast. Crypto analyst Crypto Patel pointed to a buy zone that Solana has returned to, saying the same area came before a 2,194% rally in the past. Based on that setup, fresh talk has emerged about whether SOL could climb to $1,000 in the next cycle. A Familiar Chart Setup The long-range question has been linked to the idea of an incoming altseason. Some traders are watching for a broader recovery in smaller coins, with Solana drawing attention due to its history of sharp rallies. The $1,000 target, however, rests on a range of assumptions, including stronger adoption and increased liquidity flowing into the market. We’ve partnered with Currenc Group (Nasdaq: CURR) to tokenize their shares on Ethereum and Solana. pic.twitter.com/LnajAodSSJ — Securitize (@Securitize) April 8, 2026 For now, the more concrete story is the network’s growing role in tokenization. The Securitize-Currenc plan places Solana inside a market that is trying to move stocks and other assets onto blockchains. The report said tokenized shares are being released on both Ethereum and Solana at the same time, which signals a push to spread that activity across more than one chain. Tokenization Becomes The Real Test That two-chain design was presented as a response to the need for platforms that can handle tokenized real-world assets at scale. Related Reading: XRP Faces No Immediate Quantum Threat As Only 0.03% Supply Seen At Risk: Analyst Tokenized stocks are being treated as a growing part of blockchain finance, with the new issuance seen as another sign that Solana is being used for more than trading activity. The price debate remains open, but the network’s latest milestone offers a more practical point of focus. Featured image from Vecteezy, chart from TradingView