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.
Shinhan Card has partnered with the Solana Foundation for a proof-of-concept project testing a real-world payment system using stablecoins.
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
The social media giant suggests a host of popular wallets creators can use including MetaMask, Phantom, and Binance.
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
Squads, known for its Solana-based multisig protocol, has raised $18 million in new funding to scale its stablecoin platform Altitude.
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.
The remaining 50% will be used to make 'big bets' to grow the platform in the coming five to 10 years, co-founder Alon Cohen said.
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
The Solana Foundation has addressed growing concerns about the potential impact of quantum computing on blockchain security. In a blog post published on Monday, the organization set out its next steps and described a clear roadmap that the network could follow should the threat become more than theoretical. The Solana Post-Quantum Signature Plan Even though the risk is still considered distant, the Solana Foundation argued that networks should study the issue and prepare early, rather than waiting until a crisis forces rushed decisions. A key part of Solana’s preparation, the Foundation said, involves Anza and Firedancer, two validator client developers that together represent a substantial share of stake in the network. Related Reading: Bitcoin Could Hit New All-Time High Fast On Quantum Fix, Capriole Founder Says Both teams have been allegedly investigating post-quantum migration paths closely, and they reached the same conclusion independently: Solana would need a post-quantum digital signature scheme that uses compact signatures and is suitable for high-throughput blockchain environments. That shared direction led both teams to a post-quantum signature approach known as Falcon. Solana said that research from both groups resulted in initial implementations. Importantly, the organization emphasized that no immediate network change is required today, and it is unlikely to be needed in the near term. However, the Foundation said the Solana ecosystem now has a plan that has been thoroughly researched, could be activated when the time is right, and is designed so that the transition would be manageable. The blog post also claimed the migration could occur quickly and that network performance is not expected to take a meaningful hit during the switch. From Winternitz Vault To New Wallets Beyond the validator client work, the Foundation said the wider Solana ecosystem has already been proactive in the post-quantum space. It pointed to Blueshift’s “Solana Winternitz Vault,” which it described as offering a direct route to quantum resilience and said has been in place for more than two years. The post then laid out a roadmap for how Solana says it will handle quantum readiness as the conversation evolves. The first step is to keep researching quantum threats and continuing to evaluate Falcon along with potential alternatives. Related Reading: Bitcoin Is Headed For $40,000: Analyst Reveals The Best Time To Buy BTC Solana’s next move, if quantum becomes a credible concern, would be to adopt a post-quantum scheme for new wallets. From there, the Foundation says the ecosystem would migrate existing wallets to the selected post-quantum approach. Finally, the Solana Foundation’s blog post said that it will continue sharing updates as the work progresses, describing post-quantum readiness as an ongoing effort rather than a one-time project. At the time of writing, the blockchain’s native token, SOL, was trading at $84.42. This represented losses of 2% and 1.5% in the 24-hour and seven-day time frames, respectively. Featured image from OpenArt, chart from TradingView.com
AAVE, the native token of the Aave DeFi platform, is now available on the Solana blockchain network. The move will give Solana users access to one of the largest lending protocols in decentralized finance without leaving the network. This came less than two days after the Solana Foundation revealed that it would deploy part of […]
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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.
The Solana price had a mixed performance over the past week, initially rising toward $90 before falling back to just above $85. According to a popular analyst on X, the altcoin is currently trading in an interesting zone, which could set the stage for a big price move. SOL Price Currently Within No-Trade Zone In an April 24 post on the social media platform X, crypto pundit Ali Martinez hypothesized that the Solana price is ready for a significant move from its current point. According to the market analyst, the price of SOL appears to already be building bullish momentum that would fuel its next significant rally. The rationale for this price outlook is the contraction of the Bollinger Bands on the Solana three-day price chart. Typically, the Bollinger Bands are a technical analysis indicator used to evaluate market volatility and identify overbought or oversold conditions. Related Reading: Will Ethereum Reach $250,000 Before Bitcoin? Here’s What Needs To Happen For instance, the Bollinger Bands often experience a “squeeze” (as seen in the highlighted Solana price chart) or contraction during low-volatility periods, typically preceding a sharp price breakout. As shown in the chart below, the indicator on the SOL 3-day chart is forming a tight range between $77 and $94. Martinez noted that this Bollinger Band squeeze on the high timeframe could serve as a “coiled spring.” Comparing the indicator’s recent contraction to the mechanics of a coiled spring, the market analyst said that the longer the Solana price stays within the $77-$94 range, the greater the momentum it builds toward an eventual breakout. While this optimistic outlook suggests a potential buying opportunity for investors, Martinez fired what seemed like a warning against taking a position around the current price region. According to the crypto analyst, the $77-$94 represents a “no-trade zone” for the Solana price. Martinez wrote on X: Chasing candles inside this consolidation often leads to being chopped up. Instead, we are looking for a clean 3-day candle close outside the bands that could trigger a volatility spike. Ultimately, the Solana price seems poised for a major upward move over the coming months. Nevertheless, investors might want to exercise some patience when positioning for the next SOL move. Solana Price At A Glance As of this writing, the price of SOL stands at around $86.26, reflecting a mere 0.2% jump in the past 24 hours. According to CoinGecko data, the altcoin is down nearly 3% over the last 7 days. Related Reading: XRP Spot Buyers Are Getting Stronger While Futures Traders Are Selling – Learn What That $700M Split Means Featured image from Getty, chart from TradingView
Input Output Global, the primary software laboratory behind the Cardano blockchain, has halved its annual treasury funding request, asking the network’s decentralized governance body for $46.8 million to finance its 2026 operations. The pullback marks a deliberate transition away from single-entity dominance, pivoting the ecosystem toward a future where specialized third-party firms shoulder a larger […]
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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
Institutional investors are looking past the crypto market’s two largest behemoths, aggressively rotating capital into alternative cryptocurrencies as geopolitical tensions in the Middle East agitate traditional markets. Data from SoSoValue shows that US-based investment vehicles tracking the spot price of XRP absorbed $55.39 million in fresh capital over the past week, positioning the asset as […]
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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.
XRP holders can now trade, earn yield, and tap liquidity on Solana — without ever selling their tokens. Related Reading: Bitcoin, Ethereum Trading Expands As Charles Schwab Enters Crypto Market A Bridge Between Two Networks That capability became real this week when wrapped XRP, known as wXRP, went live on the Solana blockchain. The rollout connects XRP to one of the busiest decentralized finance platforms in crypto, giving holders access to apps like Jupiter, Titan, Phantom, Meteora, and Byreal. Custody firm Hex Trust and cross-chain protocol LayerZero made the integration possible. wXRP is backed one-to-one by XRP held in custody. Holders can redeem it at any time, keeping the price in line with the native token while opening doors across Solana’s ecosystem. For years, XRP’s DeFi use was largely confined to the XRP Ledger. That changes with this launch. Demand for XRP keeps growing. More access, more ecosystems, more utility. https://t.co/zEqt5C3mmJ — Brad Garlinghouse (@bgarlinghouse) April 17, 2026 Ripple CEO Brad Garlinghouse didn’t wait long to weigh in. He called the Solana launch a clear signal that demand for XRP is growing — and said it points to more ecosystems, broader access, and expanded use for the asset going forward. What The Launch Means For XRP The move marks a shift in how XRP is being positioned. It started as a tool for institutional cross-border payments on its native ledger. Solana, by contrast, runs decentralized applications at high speed and low cost. Bridging the two through wXRP puts XRP in front of an entirely different user base. ???? wXRP is now live on @solana, enabled by @Hex_Trust and @LayerZero_Core. Growing demand for $XRP is driving liquidity cross-chain—opening new paths across ecosystems and expanding the overall market. https://t.co/AiExVF5nvX — RippleX (@RippleXDev) April 17, 2026 RippleX, the developer arm behind the XRP Ledger, confirmed the launch on social media. Based on reports, Hex Trust had been signaling the wXRP project since last year, with a stated focus on improving cross-chain participation for XRP holders. Former Ripple CTO David Schwartz had also backed the direction. When the concept was first floated in late 2025, he called XRP’s expansion into outside ecosystems a good thing. Ripple’s Multi-Chain Push Takes Shape The Solana integration is part of a broader pattern. Ripple has been working to take XRP beyond its original design — turning a payments token into an asset that works across multiple blockchain environments. wXRP is the most concrete step in that direction so far. Related Reading: BREAKING – Bitcoin Breaks $78K As Iran Reopens Strait Of Hormuz For holders, the mechanics are straightforward. They wrap their XRP, use it within Solana’s apps, and can unwrap it whenever they choose. No sale required. No loss of exposure to the underlying asset. Garlinghouse framed the demand as ongoing, not a one-time spike. His comments suggest Ripple sees the Solana launch as one piece of a longer expansion — not a finish line. Featured image from Vecteezy, chart from TradingView
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
USDT stablecoin issuer Tether has stepped in to anchor a massive recovery plan for Drift Protocol, the Solana-based decentralized exchange (DEX) that was crippled by a $286 million exploit earlier this month. However, the rescue package includes a potent commercial string that could challenge Circle's dominance of USDC on the Solana blockchain. According to the recovery plan, Drift […]
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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.
The accelerator settled $500,000 in USDC funding on Solana for Totalis, marking its first all-stablecoin investment.