One person — or entity — controls 31% of all WAR tokens in circulation. That single fact sits quietly in the background as the Solana-based memecoin grabs headlines for one of the more dramatic two-day price swings in the current crypto cycle. The coin doubled on Friday. Today, nearly a quarter of those gains had been erased. Related Reading: Stablecoin Market Breaks Records — USDC Controls 70% Of $1.8 Trillion Volume On Unrest & Geopolitical Events WAR, which stands for Western Asset Reserve, bills itself as a geopolitical sentiment token — a coin whose price is meant to move with world events, particularly armed conflicts. It does not track war through any technical mechanism. The connection is purely narrative. When headlines about global tensions spread, traders buy in. When attention moves elsewhere, prices follow. According to data from CoinMarketCap, WAR fell from an intraday peak above $0.60 to around $0.028 during the selloff, Monday. Trading volume dropped roughly 20% over the same 24-hour window to approximately $22 million, with its total market cap sitting near $28 million. Token Migration Brought In Fresh Traders And Fresh Money Before the surge, WAR completed a platform move. The project shifted from Bonk.fun to Pump.fun, a more widely used launchpad on the Solana network. The team announced the migration window would stay open for seven days, after which a new contract would be deployed on Pump.fun. Token holders who missed the window would face a 10% tax on late claims, with a 90-day window to complete them. The move expanded WAR’s reach. On the day of the migration, trading volume climbed above $24 million as more retail participants gained access through Pump.fun’s broader toolset. Reports indicate the platform switch played a role in drawing fresh attention to the token ahead of its price spike. WAR launched earlier this year on Bonk.fun. Unlike memecoins built around animal mascots or celebrity names, it leaned into real-world conflict as its identity. Over roughly three months, its price rose 650% on the back of media attention and trader speculation. WAR Follows A Pattern Familiar To PolitiFi Token Watchers WAR is part of a group of tokens known as PolitiFi, which refers to tokens that are based on politics or international events, as opposed to technology. Other tokens in this group include TRUMP, MELANIA, LIBRA, among others. Related Reading: Bitcoin ETFs Break 5-Month Streak With 2nd Consecutive Week Of Inflows All these tokens have seen similar patterns in their price movement, with initial explosive increases in price, only to plummet as quickly as they began. From reports, it is evident that there is a plan in place by the development team for governance, as well as merchandise, though these plans are yet to be implemented. The liquidity of the token is mainly found in Solana-based exchanges, contributing to the volatility in its price over the last two days. With one individual owning nearly one-third of the supply, it is likely that the next move of the token will be determined by events in the world tomorrow, as opposed to events in the world of cryptocurrency. Featured image from Shutterstock, chart from TradingView
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 $85 and $82 against the US Dollar. The price is now trading below $85 and the 100-hourly simple moving average. There is a key 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 Revisits $80 Solana price failed to remain stable above $90 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $88 and $85 support levels. The price gained bearish momentum below $83.50. A low was formed at $80.29, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $94.10 swing high to the $80.29 low. Solana is now trading below $85 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $85 level. There is also a key 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 $87.20 level or the 50% Fib retracement level of the downward move from the $94.10 swing high to the $80.29 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 $95. Any more gains might send the price toward the $102 level. More Losses In SOL? If SOL fails to rise above the $85 resistance, it could continue to move down. Initial support on the downside is near the $82 zone. The first major support is near the $80 level. A break below the $80 level might send the price toward the $72 support zone. If there is a close below the $72 support, the price could decline toward the $65 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $82 and $80. Major Resistance Levels – $85 and $88.
As the broader crypto market retraces, Solana (SOL) has erased its recent gains despite strong institutional demand for investment products based on the cryptocurrency. Some analysts have now suggested that the altcoin risks a deeper pullback similar to its 2022 correction. Related Reading: Ethereum ETFs Record Best Single-Day Performance Since January With $169M Inflows Solana Loses Mid-Week Gains As Market Wobbles On Friday, Solana dropped 7% intraday to retest the $84 area again, retracing most of its intraweek gains. The cryptocurrency had been trading between $78-$88 since the early February crash, attempting to break out of its local range but ultimately failing. Amid the ongoing market volatility, driven by the US-Israel war with Iran, the altcoin jumped 13% on Wednesday, reaching a multi-week high of $94.05 before stabilizing between the $88-$92 area. Market observer Trader Tardigrade affirmed that Solana could target the $100 barrier if the breakout confirmed. He noted that the cryptocurrency was retesting the consolidation range breakout area as support, which could form a base for a climb to higher levels. Nonetheless, SOL’s price has now fallen back into its one-month accumulation range after failing to hold the breakout level on Friday morning. Rekt Capital observed that broader market conditions resemble early-stage Bear Market behavior, which could suggest Solana may be preparing for a deeper correction. Per the analysis, the altcoin has historically deviated below the $123.28 historical support when it was lost on the monthly timeframe. In 2022, after losing this level, SOL produced a deviation below it and traded below the $99.06 psychological level before rejecting from this area. Therefore, a new monthly close below both $123.28 and $99.06 could signal that these levels have been officially lost as support. However, it also opens the door to a rally back into them to retest them as resistance, similar to 2022. Shallow rebounds could lead to rejection from the $99.06 region quickly, he explained. Meanwhile, a stronger relief rally could allow Solana to revisit the $123.28 level before determining whether additional downside continuation is next. SOL ETFs ‘Defy Physics’ Despite its recent price decline, experts have emphasized the positive sentiment exhibited by traditional investors toward Solana, as evidenced by the performance of investment products that track the altcoin’s price. In an X post, Eric Balchunas, Bloomberg Intelligence Senior ETF Analyst, stressed that although the cryptocurrency’s price is currently 57% down from when its spot Exchange-Traded Funds (ETFs) first launched in July, the category has accumulated $1.5 billion in flows and has “not really given any of it up.” He noted that half of those inflows have come from institutional investors, which he deemed a “serious investor base” and “really good signs” for the category’s future. “In reality/history of ETFs launching into that kind of downturn is near impossible to get inflows. Most wouldn’t even make it to age one or two if they went down 57% in the first six months. Timing is very important. Solana is defying physics here,” he explained. Related Reading: Bitcoin Reclaims $73,000 Amid Iran War Volatility, But Analyst Issues Key Warning Additionally, he offered a broader perspective by adjusting SOL’s $50 billion market capitalization to Bitcoin’s (BTC) $1.4 trillion market cap. As he detailed, Solana ETFs have seen the equivalent of $54 billion in net new flows, approximately double what Bitcoin ETFs experienced at the same stage post-launch, when BTC was in an uptrend. However, it’s worth noting that the category experienced its first negative day in over a month on Thursday, with $5.23 million in outflows, according to SoSoValue data. Featured Image from Unsplash.com, Chart from TradingView.com
For most of Solana’s short history, meme coin trading defined a large chunk of its activity. That appears to be changing. According to a research note from Grayscale Investments, February’s record volume – $650 billion in stablecoin transactions – was driven by a move toward SOL–stablecoin trading pairs and real payment activity — not speculative bets on short-lived tokens. Related Reading: US Should Act On Bitcoin, Not Just Praise It, Ex-Advisor To Trump Says The network processed more transactions tied to practical money movement than at any point in its existence. The massive figure covers stablecoin transactions recorded on Solana during February 2026. It marks the highest monthly total ever logged on any blockchain — and it arrived in just 28 days. Grayscale’s data shows the number more than doubled the previous peak, which was set only four months earlier in October 2025. Low Fees Drive Small Payment Growth Standard Chartered had previously flagged Solana’s fee structure as a key reason the network was drawing payment-focused users. Low transaction costs make small transfers practical in a way that higher-fee blockchains cannot easily match. Developers have taken notice, building financial tools designed to run entirely on the internet, including micropayment systems that would be unworkable at higher cost per transaction. Stablecoins Power Blockchains Stablecoins — digital tokens pegged to currencies like the US dollar — have become one of the main engines of blockchain activity broadly. On Solana, they are increasingly being used to move money rather than to trade in and out of volatile assets. That distinction matters. Volume built on payments tends to be stickier than volume built on speculation, which can evaporate when market conditions shift. Solana now holds the fourth-largest stablecoin supply of any blockchain. Its ranking in USDC circulation is even more striking: second place, trailing only Ethereum. USDC is widely regarded as the stablecoin most favored by institutional users, which makes Solana’s position in that particular ranking significant. Ethereum Holds Its Ground On High-Value Assets The February data does not suggest Solana has overtaken Ethereum overall. According to figures from rwa.xyz, Ethereum carried $15.57 billion in tokenized real-world assets over the past 30 days. Solana’s comparable figure was $2 billion. Tokenized assets — which can include bonds, real estate, and other financial instruments brought onto a blockchain — represent the higher-value end of on-chain finance, and Ethereum remains the dominant platform for that segment. Related Reading: Iran’s Crypto Market Shaken As Outflows Skyrocket 700% What Solana appears to be winning is the retail and payments layer: fast, cheap, high-frequency transfers that add up quickly in volume even if individual transactions are small. Whether that translates into broader institutional adoption remains an open question, but February’s numbers give the network a data point it did not have before. Featured image from SOPA/Getty Images, chart from TradingView
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
xChange is an onchain trading engine and unified execution layer for xStocks issued on Solana and Ethereum.
The platform is live on multiple EVM chains and powers the majority of token launches on Base, via integrations with apps like Zora and Bankr.
Solana started a fresh increase above the $88 zone. SOL price is now consolidating above $90 and might aim for more gains above the $95 zone. SOL price started a fresh upward move above the $85 and $88 levels against the US Dollar. The price is now trading above $90 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $89 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $95 resistance zone. Solana Price Regains Traction Solana price started a decent increase after it settled above the $85 zone, like Bitcoin and Ethereum. SOL climbed above the $88 level to enter a short-term positive zone. The price even smashed the $90 resistance. The bulls were able to push the price above $92. A high was formed at $94.10, 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 $82.50 swing low to the $94.10 high. Solana is now trading above $90 and the 100-hourly simple moving average. There is also a bullish trend line forming with support at $89 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near $92. The next major resistance is near the $95 level. The main resistance could be $100. A successful close above the $100 resistance zone could set the pace for another steady increase. The next key resistance is $108. Any more gains might send the price toward the $112 level. Downside Correction In SOL? If SOL fails to rise above the $92 resistance, it could start another decline. Initial support on the downside is near the $90 zone. The first major support is near the $88.50 level and the trend line or the 50% Fib retracement level of the recent upward move from the $82.50 swing low to the $94.10 high. A break below the $88.50 level might send the price toward the $84 support zone. If there is a close below the $84 support, the price could decline toward the $78 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 above the 50 level. Major Support Levels – $90 and $88.50 Major Resistance Levels – $92 and $95.
The company said its validator network grew to 33,568 unique wallets in February, up from about 31,000 announced earlier in the month.
Users will be able to purchase official IPO shares with “real, direct ownership on Solana," through a partnership with Superstate.
Solana's record monthly stablecoin transaction volume follows growing appetite for retail payments infrastructure over memecoins.
Recent market dynamics, most especially the launch of Spot Dogecoin ETFs, have seen Dogecoin slowly transitioning out of its meme coin status. Notably, a crypto pundit on X is of the notion that the transition is now at a tipping point. According to the pundit, there are three major reasons as to how Dogecoin could transition from a speculative asset into something far more functional as real money. If this plays out, the analyst believes Dogecoin’s price could rise from around $0.30 to $1.20 in a short time. Network Activation Through X Dogecoin has always been linked as a possible payment method on the social media platform X, and this is mostly due to Elon Musk’s public support for the cryptocurrency and his ambition to turn X into a combined financial and social platform. Related Reading: Dogecoin Vs. Shiba Inu: What Meme Coin Should You Buy For Most Returns In 2026? According to crypto pundit Sean Park on X, the scale of a potential integration as a payment method on X is the first way in which Dogecoin transitions into real money. This outlook is based on the upcoming X payments beta and the ambitions of Elon Musk’s ecosystem, including X, xAI, and SpaceX. If Dogecoin is introduced as a native or primary payment option, then it could become the beginning of what would become the greatest bullish phase for the meme coin. This means that deeper payment integration could strengthen user engagement, transaction data, and AI model training. Integrating DOGE as X’s native payment coin would activate the meme coin community, creating a cascade of “pay with DOGE” activity across the platform. Interestingly, Dogecoin’s fees are about one-tenth of competing networks like Solana or Ethereum, meaning users who try it once tend to keep using it. That surge in activity will ultimately generate a mountain of real-world transaction data. The result creates an effect where xAI grows smarter and more valuable at the same time X becomes stickier, locking out rivals like Google from the space. Two wins from one move, and without it, the analyst contends, an IPO at the $1.75 trillion target for X will be impossible. Infrastructure, Stablecoin Integration, And Competitive Timing The second reason is based on recent regulatory clarity from the US Securities and Exchange Commission, specifically an FAQ issued by SEC Commissioner Hester Peirce, regarding the way for easy swaps between US dollars and cryptocurrencies like Dogecoin. Stablecoins are expected to be fully integrated across major platforms by May or June 2026, and this is projected to create a system where USD-DOGE swaps become instant. Related Reading: This Analyst Predicted The Dogecoin Price Crash, But There’s More To The Forecast The third reason, which is perhaps the most urgent, has more to do with which social media platform becomes the go-to money app. The most pressure is coming from Telegram, which is building out its TON blockchain-based payment ecosystem. Without a native payment coin, X will remain, as the pundit puts it bluntly, “just a tweet place.” Adding Dogecoin changes the platform’s fundamental identity from a social network to a financial hub. The Dogecoin fanbase, which is already one of the most vocal and engaged communities in crypto, would become X’s de facto marketing army, spreading the social media platform’s adoption organically. Featured image from Pixabay, chart from Tradingview.com
Crypto analyst Amonyx recently drew attention to a CNBC video in which XRP was described as the hottest crypto trader of the year, ahead of Bitcoin and Ethereum. This comes as the XRP ETFs continue to see inflows even as other crypto funds see outflows. Why The Altcoin Is The Top Trade Over Bitcoin and Ethereum In an X post, Amonyx shared the CNBC video in which XRP was described as the top trade ahead of Bitcoin and Ethereum. The analyst then questioned whether the market was seeing something or about to. CNBC’s Mackenzie Sigalos noted that the token was already gaining a lot of attention towards the end of last year, with investors piling into the XRP ETFs while the spot Bitcoin and Ethereum ETFs saw outflows. Related Reading: What Happens To The XRP Price If It Follows The Amazon Trend And Begins Parabola She further stated that these investors likely saw XRP as a less crowded trade than Bitcoin and Ethereum as crypto prices declined in the fourth quarter of last year. Sigalos added that this trade had paid off, considering that the altcoin recorded a 20% gain at the start of the year. Meanwhile, she also touched on XRP’s use case and why it might be gaining so much attention. The CNBC news host noted that XRP and Solana are the two most popular altcoins right now and that XRP has gained prominence for its utility in cross-border payments. Sigalos also suggested that XRP, alongside Solana, may have an edge over Bitcoin and Ethereum in terms of having more room to rally to the upside. Regarding blockchain adoption, she noted that users and investors may be turning to cheaper, faster networks like Solana over Bitcoin and Ethereum, especially for payments and tokenization. The XRP Ledger is also gaining traction for tokenization, recently surpassing Solana in terms of tokenized value on the network, according to RWA.xyz. XRP ETFs Continue To See Inflows SoSoValue data shows that the XRP ETFs continue to see daily net inflows even as the crypto market wavers. These funds are currently on a five-day streak of consecutive net inflows and have notably only seen six days of outflows since the start of the year. They currently boast net assets of $1.02 billion, which represents 1.20% of XRP’s market cap. Related Reading: Analyst Says XRP’s $15 Target Has Still Not Changed – Here’s Why However, the XRP funds recorded lower inflows than the Bitcoin, Ethereum, and Solana funds last week. A CoinShares report revealed that the XRP funds saw weekly flows of $1.9 million last week. On the other hand, the BTC, ETH, and SOL funds recorded weekly flows of $881.5 million, $116.9 million, and $53.8 million. At the time of writing, the XRP price is trading at around $1.36, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Freepik, chart from Tradingview.com
Solana failed to stay above $90 and corrected some gains. SOL price is now below $88 and might aim for another increase above $90. SOL price started a downside correction below $88 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 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $84 zone. Solana Price Remains Supported Solana price failed to stay above $90 and started a downside correction, like Bitcoin and Ethereum. SOL dipped below $88 and $87 to enter a short-term bearish zone. There was a move below the 50% Fib retracement level of the upward wave from the $81.71 swing low to the $90.29 high. The price even tested the $85 support. Besides, there is a bullish trend line forming with support at $85 on the hourly chart of the SOL/USD pair. Solana is now trading above $85 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $88 level. 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 $96. Any more gains might send the price toward the $100 level. More Losses In SOL? If SOL fails to rise above the $90 resistance, it could start another decline. Initial support on the downside is near the $85 zone, the trend line, and the 61.8% Fib retracement level of the upward wave from the $81.71 swing low to the $90.29 high. 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 $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 – $85 and $82. Major Resistance Levels – $88 and $90.
Solana has spent weeks compressing inside a tightening range, with price action forming a structure that suggests a breakout is brewing. As volatility contracts, pressure continues to build within the pattern. A decisive move above $88.60 could serve as the trigger bulls have been waiting for, potentially unleashing a sharp, impulsive rally as stored momentum is released. Volatility Squeeze On Solana — Triangle About To Resolve Solana has been trading within a tight sideways range for the past three weeks, gradually forming what appears to be a triangle pattern on the chart. Related Reading: Crypto Trader Predicts Solana 50% Price Crash To $30 If This Level Breaks According to More Crypto Online, a decisive break above the Sunday high at $88.60 would serve as the first clear indication that bulls are stepping back in with strength. Such a move would suggest that the triangle formation is nearing completion and could mark the beginning of a sustained upside breakout. Triangle patterns are particularly important because they often precede aggressive expansions. As price continues to coil within the structure, volatility contracts, and pressure build. This compression phase stores energy, increasing the probability that the eventual breakout will be forceful rather than gradual. Once price clears a key boundary, the release of that built-up momentum can trigger a sharp and impulsive move. 200 SMA And Range Hold Key To $85 Reclaim In a recent Solana analysis, Umair Crypto emphasized that the key level to watch is BTC’s pair 200 SMA and range structure. A sustained hold above these levels would open the door for an $85 reclaim. However, failure to maintain that strength would likely keep SOL trapped in the broader $77–$90 consolidation range, a scenario that has now persisted for 24 days, with no structural change since the initial call. Related Reading: Solana Reclaims $80 Amid Friday Market Bounce – Analysts Set Next Targets Structurally, the two pairs are telling different stories. On the USDT chart, SOL continues to print lower highs, signaling weakness. Meanwhile, the BTC pair is showing relative strength, forming higher highs and suggesting a more constructive trend. This divergence creates a pivotal moment where resolution could tilt either bullish or bearish, depending on which structure ultimately confirms. At present, the BTC pair has pushed above its range and reclaimed the 4H 200 SMA. However, Umair Crypto cautions that this setup has failed before, causing the price to slip back below the 200 SMA and re-entering the range, invalidating the breakout. For a true breakout scenario to activate, the BTC pair must hold above both the range and the 200 SMA with a clean retest. If that happens, strength could transfer to the USDT pair, making the $85 point of control a key reclaim target. If not, further rotation within the $77–$90 range remains the most likely outcome. In short: no confirmed hold, no confirmed breakout, BTC pair confirms, USDT executes. Featured image from Adobe Stock, chart from Tradingview.com
The Pump.fun mobile app is adding support for tokens launched on rival token generators and other non-Pump-native assets.
An analyst has pointed out where Solana support levels could lie based on a Parallel Channel forming in the asset’s weekly price chart. Solana Parallel Channel Could Indicate Support At These Levels In a new post on X, analyst Ali Martinez has discussed how support is looking for Solana from the perspective of a Parallel Channel that may be emerging in its 7-day price. Related Reading: XRP Triangle Could Point To Support Between $0.60 And $0.90 The “Parallel Channel” is a pattern from technical analysis (TA) that forms whenever an asset trades between two parallel trendlines. There are a few different ways a Parallel Channel can be categorized based on the orientation of its trendlines. Ascending Channels involve lines that are pointing up, while Descending Channels have a downward slope. These types correspond to periods of parallel consolidation to a net upside and downside, respectively. In the context of the current topic, the third and the most basic type is of interest: a Parallel Channel that’s parallel to the time-axis. As the price moves inside such a channel, it observes a phase of perfectly sideways action. Now, here is the chart shared by Martinez that shows the Parallel Channel that the weekly price of Solana has potentially been moving inside in recent years: As displayed in the above graph, Solana retested the upper level of the Parallel Channel a couple of times during 2025. Each time, the price ended up topping out and a decline followed. The upper line of a Parallel Channel is considered to be a source of resistance, so these rejections may have been signs of the pattern being in action. Since the latest rejection, SOL has been moving down in a sharp manner as the cryptocurrency sector as a whole has observed a bearish shift. So far, the coin is still contained inside the upper half of the channel, but if momentum weakens, it might end up traveling lower. According to the analyst, these levels could act as support in such a scenario: $50.22, $22.47, and $9.98. These levels correspond to a point 50%, 75%, and 100% down the channel, respectively. Solana last tested the lower-most of these levels during the bear market of the previous cycle. Back then, it had helped the cryptocurrency reach a bottom. It now remains to be seen which direction the asset will go next and if a retest of any of these levels will take place. Related Reading: Ethereum Still Undervalued As Bitcoin, XRP Sit Near Neutral, Santiment Says SOL isn’t the only cryptocurrency observing a Parallel Channel setup. As Martinez has highlighted in another X post, the monthly price of Stellar (XLM) has also been moving down such a pattern, with possible support levels existing at 0.147, 0.078, and 0.041. SOL Price At the time of writing, SOL is floating around $81, down 5.5% in the last 24 hours. Featured image from Dall-E, chart from TradingView.com
Institutional capital has transformed the cryptocurrency market dynamics, changing who participates and how digital assets are traded. The arrival of spot exchange-traded funds, corporate treasury allocations, and access through major brokerage platforms has pulled Bitcoin and Ethereum deeper into traditional finance. Vanguard, for instance, reversed its long-held anti-crypto stance just a few months ago, allowing trading in funds that hold Bitcoin, Ethereum, XRP, and Solana. However, talking about bad timing, these cryptocurrencies have struggled in the months following that policy change. Challenging Months For Institutional Investors The entrance of major asset managers such as BlackRock and Fidelity Investments was a structural turning point for Bitcoin. The January 2024 launch of Spot Bitcoin ETFs in the United States opened the door for pension funds, registered investment advisors, and other conservative capital pools to gain exposure without directly holding Bitcoin. These ETFs have accumulated billions of dollars in inflows, with custodians now holding a meaningful share of Bitcoin’s circulating supply. Related Reading: Here’s All You Need To Know About The Bitcoin Price This Week However, the past few months have been really challenging for investors. Notably, the last month of inflows into Spot Bitcoin ETFs was in October 2025, when it was pushing to new all-time highs above $126,000. Since then, it has been months of net outflows, and this has weighed down on Bitcoin’s price action. Same goes for Spot Ethereum ETFs, which recorded consecutive months of outflows since November 2025. Vanguard clients are likely among those feeling the impact most directly. In December 2025, US-based investment management company Vanguard reversed its anti-crypto stance and started allowing trading of ETFs and mutual funds that hold Bitcoin, Ethereum, XRP, and Solana. The availability of these crypto products on a major mainstream brokerage like Vanguard was a milestone for crypto investing. Vanguard manages over $12 trillion in assets and serves tens of millions of investors. Unsurprisingly, the price action of Bitcoin and other top cryptocurrencies initially reacted positively to the Vanguard news. However, the timing coincided with a downturn across the entire crypto market, which has been having a red 2026 so far. Since Vanguard’s rollout, Bitcoin’s price has fallen by about 30%, while Ethereum, Solana, and XRP have fallen by about 40% in the same period. Is Institutional Involvement A Threat Or A Sign Of Maturity? It is clear that institutional entry has not erased the volatile nature of crypto markets. Bitcoin and Ethereum are still subject to swings in investor risk appetite, although this is now at a larger scale. Therefore, the question of whether institutions are killing Bitcoin and Ethereum is based on perspective. Related Reading: Why Investors Are Not Buying Bitcoin And Ethereum Despite ‘Low’ Prices The presence of regulated ETFs means that downturns are now absorbed by a wider set of market participants. Companies like BitMine and Strategy are still in the business of huge purchases. New investor bases like this can help sustain prices over time. However, one thing is clear: cryptocurrencies like Bitcoin, Ethereum, XRP, and Solana are no longer fringe assets operating outside the traditional investment system; they now sit within it. This integration will even become more clear once the CLARITY Act is passed in the US. Featured image from iStock, chart from Tradingview.com
Solana (SOL) could be facing one of its most critical technical tests in recent months, with crypto trader Jussy warning that a breakdown at a key level could trigger a collapse toward prices not seen since previous bear market cycles. With the cryptocurrency trading above this level and forming two bearish patterns across multiple timeframes, the analyst has set two major crash targets for SOL. However, only one of these patterns could lead to a staggering 50% decline to $30 once the price breaks. Solana Bear Flag Pattern Signals Crash To $30 On Tuesday, February 24, Jussy took to X, warning crypto investors and traders that Solana could be heading toward a dramatic price collapse. The analyst notes that the leading smart contract token is currently at a critical support level of $76.57 on the price chart that could define its next bearish move. Related Reading: Wondering What’s Going On With Solana? Projects Are Taking Massive Hit As Price Plunges Looking at the daily chart, Jussy has identified a Bear Flag formation that has been developing since early February 2026. The pattern shows price consolidating within a descending channel after a steep sell-off from above $112, underscoring Solana’s continued downtrend over the past months. Should the $76.57 support level give way, the analyst projects a measured move from the Bear Flag pattern to $37.88, representing a potential decline of more than 50% from current levels. Jussy also said in his analysis that Solana is on a path to $30, suggesting the altcoin could fall even further to that level. Notably, the analyst’s bearish forecast arrives amid Solana’s recent price struggles, as broader market volatility and shifting investor sentiment weigh heavily on the sector. With the crypto bear market already in full swing, SOL has been trading sideways, mirroring the weak performance across major cryptocurrencies, including Bitcoin. CoinMarketCap’s data also shows that Solana’s price has fallen by more than 38% since the start of the year. While it was trending downward just last week, the altcoin has since staged a slight recovery from the $76 level, highlighted in Jussy’s chart analysis. As of writing, SOL is trading above $86, up more than 13% from the critical support level. Should upward momentum persist, it could signal a potential deviation from the analyst’s bearish $30 forecast. Triple Top Pattern Signals Lesser Decline To $60 For his second bearish forecast, Jussy highlighted that Solana has formed a Triple Top pattern on its four-hour chart. This pattern is characterized by three successive failed attempts to push higher, with each one printing at a lower peak than the last. The structure, visible across the January and February price action, suggests buyers have been steadily losing momentum after each recovery attempt. Related Reading: Here’s Why The Bitcoin, Ethereum, And Solana Prices Are Still Crashing Hard If the $76.57 support level breaks, Jussy sees a measured move from the Triple Top pattern down to $61.73 as Solana’s next target. A drop to this level would represent a roughly 19% crash from the support area. Featured image from iStock, chart from Tradingview.com
Solana started a fresh increase above the $82 zone. SOL price is now consolidating above $85 and might aim for more gains above the $95 zone. SOL price started a fresh upward move above the $82 and $85 levels against the US Dollar. The price is now trading above $82 and the 100-hourly simple moving average. There was a break above a bearish trend line with resistance at $87 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 Regains Traction 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. The price even smashed the $88 resistance. The bulls were able to push the price above $90. A high was formed at $92, 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 $75.64 swing low to the $92.05 high. Recently, there was a break above a bearish trend line with resistance at $87 on the hourly chart of the SOL/USD pair. Solana is now trading above $85 and the 100-hourly simple moving average. On the upside, the price is facing resistance near $88. The next major resistance is near the $92 level. The main resistance could be $95. A successful close above the $95 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 $106 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 level or the 50% Fib retracement level of the recent upward move from the $75.64 swing low to the $92.05 high. 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 $78 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 and $95.
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The cryptocurrency market staged a broad recovery on Wednesday, led by a sharp rebound in the Bitcoin price that pushed the digital asset close to the $70,000 level once again. Bitcoin climbed roughly 8% on the day, approaching a price zone that has acted as firm resistance since it was lost earlier this month. The renewed strength was not limited to Bitcoin. Ethereum (ETH) advanced 12%, XRP gained 8%, and Solana (SOL) surged 13%, reflecting a wider return of risk appetite across digital assets. Bitcoin Price Nears $70K As Altcoins Outperform Market experts suggest the bounce may be driven largely by investors stepping in after an extended period of weakness. Caroline Mauron, co-founder of Orbit Markets, told Bloomberg that the upward move likely reflects dip-buying activity following the recent selloff. She added that a decisive move back above $70,000 for the Bitcoin price could alter the broader market narrative, potentially restoring confidence after weeks of pressure. Related Reading: Bitcoin May Be In A Price Slump—But Adoption Is In A Bull Market Recent trading patterns also suggest a change in investor positioning. Although demand for cryptocurrencies in the US has softened in recent weeks, it seems that capital is now rotating into altcoins, as evidenced by the gains made by ETH, XRP and SOL, which have outperformed Bitcoin in the last 24 hours. Daniel Reis-Faria, chief executive officer of ZeroStack, noted that Bitcoin increasingly trades within the context of the broader financial system. When liquidity conditions tighten, he said, volatility tends to increase. In that environment, assets such as Solana — which he described as generating “real yield” — may prove more resilient than tokens that were previously driven primarily by momentum. Still, some analysts caution against interpreting the rebound as a definitive turning point. Is Bitcoin Forming A New Bottom? Alex Kuptsikevich, chief market analyst at FxPro, drew comparisons to the market environment in 2022, when a steep decline was followed by months of sideways consolidation before a sustained recovery eventually took hold. He observed that after the 2022 Bitcoin price downturn, it took more than a year for the market to regain and surpass prior highs, suggesting patience may be required this time as well. Galaxy Digital’s head of research, Alex Thorn, offered a nuanced view in his latest Bitcoin price outlook. He argued that the most intense phase of downside pressure is likely already behind the market. Among the supportive signals he cited were Bitcoin trading near its 200-week moving average (MA) and realized price, historically important technical levels. Related Reading: Expert Forecasts $5 Trillions Pouring Into Crypto Post CLARITY Act Passage In addition, more than half of all Bitcoin in circulation is currently underwater, the relative strength index has reached levels often associated with capitulation, and several other on-chain indicators are flashing signs that a bottom may be forming. However, Thorn also warned that even if the worst of the decline has passed, further challenges could lie ahead for the Bitcoin price. He said that market bottoms typically take time to fully develop, and prolonged sideways movement remains a possibility. A downturn in equities could exert additional pressure on digital assets, and the broader market still appears to lack a strong catalyst to drive sustained upside momentum. Featured image from OpenArt, chart from TradingView.com
Solana failed to settle above $85 and trimmed some gains. SOL price is now recovering losses from $76 and showing a few positive signs. SOL price started a decent recovery wave above $78 and $80 against the US Dollar. The price is now trading above $80 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $81 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $82 and $84. Solana Price Attempts Recovery Solana price remained stable and started a decent recovery wave above $78, like Bitcoin and Ethereum. SOL was able to climb above the $80 level. There was a move above the 50% Fib retracement level of the downward move from the $86.68 swing high to the $75.64 low. Besides, there was a break above a key bearish trend line with resistance at $81 on the hourly chart of the SOL/USD pair. However, the bears are active near $82.50 and the 61.8% Fib retracement level of the downward move from the $86.68 swing high to the $75.64 low. Solana is now trading above $80 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $82 level. The next major resistance is near the $84 level. The main resistance could be $85. A successful close above the $85 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 $95 level. Another Decline In SOL? If SOL fails to rise above the $82 resistance, it could continue to move down. Initial support on the downside is near the $80 zone. The first major support is near the $79 level. A break below the $79 level might send the price toward the $77 support zone. If there is a close below the $77 support, the price could decline toward the $74 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 – $80 and $77. Major Resistance Levels – $82 and $85.
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Solana’s (SOL) latest price decline is unfolding against a broader period of weakness across the digital asset market, with traders increasingly shifting toward risk-off positioning. Related Reading: Ready For A 443% Dogecoin Move? The Meme Coin Just Touched A Historically Explosive Level After weeks of steady losses, SOL has slipped below key technical levels, raising questions about whether current support can hold or if another leg lower is approaching. Market data shows declining trader confidence, rising short positioning, and weakening on-chain profitability. According to data tracked on CoinMarketCap, Solana recently traded in the high-$70 range after failing to maintain momentum above $95 earlier in the year. The move extends a six-week losing streak and places the asset near critical support zones that analysts say will likely determine the next directional move. SOL's price trends to the downside on the daily chart. Source: SOLUSD on Tradingview Derivatives Markets Signal Growing Downside Risk Open interest in Solana futures fell roughly 2% to about $5.09 billion, even as trading volume surged sharply. This combination often indicates liquidations rather than fresh buying activity. Also, funding rates have turned negative, and the long-to-short ratio has dropped below 1, suggesting more traders are positioning for further dips. Short bias has also appeared among larger accounts despite retail traders maintaining leveraged long exposure on exchanges such as Binance and OKX. Analysts warn that this imbalance could increase the risk of additional volatility if support levels fail. Technically, Solana remains below major moving averages, while momentum indicators continue trending downward. RSI readings near oversold territory reflect sustained selling pressure rather than confirmed reversal signals. On-Chain Data Shows Weakening Holder Confidence On-chain metrics support the cautious outlook. Figures from Glassnode indicate that only about 20% of Solana addresses are currently in profit, the lowest level since late 2023. During previous market downturns, similar readings appeared closer to capitulation phases, suggesting downside risk may not yet be exhausted. Long-term holder accumulation, which strengthened earlier in the year, has slowed notably as the price dropped below $100. Analysts interpret this as declining conviction among investors who previously absorbed supply during pullbacks. Key Levels Traders Are Watching Chart data shows immediate support clustered between $75 and $67. A decisive break below this region could expose lower targets near $62 or even $60 if selling accelerates. On the upside, recovery attempts face resistance around $82–$83, where a bearish trend line has formed. Related Reading: Political Meme Coins Implode: TRUMP Down 92%, MELANIA Nearly Wiped Out Solana’s outlook hinges on whether buyers can defend the February lows. Without a sustained reclaim of higher resistance zones, market structure suggests the broader downtrend remains intact as crypto market uncertainty continues to weigh on sentiment. Cover image from ChatGPT, SOLUSD chart on Tradingview
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Solana failed to settle above $92 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 $85 and $82 against the US Dollar. The price is now trading below $82 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $82 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $75 or $70. Solana Price Dips Over 5% Solana price failed to remain stable above $95 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $90 and $85 support levels. The price gained bearish momentum below $82. A low was formed at $77.30, and the price is now consolidating losses with a bearish angle below the 23.6% Fib retracement level of the downward move from the $86.68 swing high to the $77.30 low. Solana is now trading below $80 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $80 level. The next major resistance is near the $82 level or the 50% Fib retracement level of the downward move from the $86.68 swing high to the $77.30 low. There is also a key bearish trend line forming with resistance at $82 on the hourly chart of the SOL/USD pair. The main resistance could be $83.10. A successful close above the $83.10 resistance zone could set the pace for another steady increase. The next key resistance is $87. Any more gains might send the price toward the $92 level. More Losses In SOL? If SOL fails to rise above the $82 resistance, it could continue to move down. Initial support on the downside is near the $77 zone. The first major support is near the $75 level. A break below the $75 level might send the price toward the $70 support zone. If there is a close below the $70 support, the price could decline toward the $62 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 – $77 and $75. Major Resistance Levels – $80 and $82.
The crypto analyst who warned Solana (SOL) traders to sell near the cycle top at $250 is back with a new outlook after the market validated his earlier call. Crypto Patel says the decline in SOL’s price following his $200-$250 exit zone has now created the conditions for a new long-term opportunity, but only if another key level gives way. His latest chart frames Solana’s price action as a repeatable cycle of euphoric expansion and sharp correction before the next major rally. Crypto Patel Shares New Solana Price Prediction In a recent post on X, Crypto Patel reminded community members that when Solana was trading near its peak between $250 and $200, most investors were projecting a run to $1,000. Instead, the price reversed from a high around $295 and collapsed to near $67, marking a massive 77% drawdown from the top. Related Reading: Here’s Why The Bitcoin, Ethereum, And Solana Prices Are Still Crashing Hard Now, the analyst is presenting a new outlook, warning of a potentially similar decline in Solana’s price this cycle. He notes that Solana is now testing the $85 level, which corresponds to the 0.382 Fibonacci retracement on the chart. The zone has acted as a temporary support; however, it remains structurally weak given the broader trend of lower highs since the peak. The analyst suggests that if Solana fails to break $85, its price could slide into the $50- $30 range, extending its decline over the past two years. He has labeled this area as a strong Fair Value Gap (FVG) accumulation zone based on historical demand and volume behavior. The accompanying chart also maps prior expansion phases in which Solana surged by thousands of percent after long consolidation periods. In the 2021 bull cycle, price rallied by more 24,234.55% and then declined by 97.01% the following year. Crypto Patel’s current projection places Solana in a similar expansion and corrective phase. The cryptocurrency has already experienced its expansion stage in 2024, when its price jumped by more than 3,699% to a peak of around $295. Now the analyst predicts an upcoming correction, where price is expected to decline by a whopping 89.44% in mid 2026. Long-Term Targets Remain Intact Despite Correction Despite the bearish short-term outlook, Crypto Patel has not abandoned his long-range bullish projections for SOL. He maintains that once the corrective phase is complete, Solana could still target the $500– $1,000 range. His chart projects a sharp upward surge toward the $1,000 level by 2027, representing a massive 3,103% surge. Related Reading: XRP, Solana Secure Inflows As Institutions Move $1 Billion Out Of Bitcoin And Ethereum Going further, the analyst also shared his bullish price projection for Solana by late 2029. He expects that once the price hits $1,000, SOL could rally strongly and steadily toward $10,000. He has marked $9,270 as the next long-term target, reflecting a rally of approximately 27,660%. Featured image from Freepik, chart from Tradingview.com
This lifetime transaction total includes about $3.5 billion in onchain trading activity across Solana, Ethereum, and TON.
While digital asset funds recorded significant capital outflows for a fourth consecutive week, Solana (SOL) has become one of the few assets still attracting fresh investment. Related Reading: After Extreme Pessimism, Crypto Market Conditions Begin To Stabilize: Analysts Similarly, the SOL price action shows the token locked in a tight consolidation range around $85, leaving traders watching closely for a decisive move. Recent data also shows Solana ETFs pulled in roughly $31 million in weekly inflows, even as broader crypto investment products lost $173 million. SOL's price trends to the downside on the daily chart. Source: SOLUSD on Tradingview Solana ETF Inflows Stand Out Amid Broader Market Withdrawals According to flow reports, crypto funds have faced sustained selling pressure, with the United States leading withdrawals while Europe and Canada recorded inflows. Despite the broader risk-off environment, Solana attracted new capital alongside a small group of alternative assets. The inflows suggest continued institutional interest through regulated investment vehicles, which typically require spot exposure or derivatives hedging tied to the underlying asset. Analysts note that such flows can provide steady demand, even when short-term market sentiment remains uncertain. However, ETF demand has not yet translated into a clear price recovery. Solana continues trading within a compressed range between roughly $77 and $90, signaling indecision among market participants. SOL Price Holds Key Support as $92 Remains Critical Resistance Technically, the SOL price has entered a consolidation phase after failing to maintain momentum above $90. The token is currently trading above the $85 region, supported by buyers defending the $82 level. Short-term charts show a rising channel forming, with resistance near $88 and a major barrier at $92. Analysts widely view a confirmed breakout above $92 as necessary to trigger a stronger rally, with potential upside targets around $95 and $102. On the downside, failure to hold support could expose lower levels near $76.50 or even $72. Some technical models also point to a bearish flag, suggesting a possible 25% decline to the mid-$60s if selling pressure accelerates. Momentum indicators present mixed signals. Oversold readings across several oscillators indicate selling exhaustion may be developing, yet trend-strength indicators still confirm that a broader downtrend remains intact. Network Growth and Long-Term Outlook Keep Bulls Interested Despite price weakness, on-chain developments continue to draw attention. Total value locked on the network has reached new highs, and institutional experimentation with the blockchain has expanded, signaling ongoing ecosystem activity. Related Reading: Bitcoin Bull-Bear Cycle Indicator Drops To Deepest Level Since FTX Bottom Longer-term projections remain divided. Some analysts see evidence of reaccumulation patterns that could support a recovery if key resistance levels are reclaimed, while others warn macro conditions and declining risk appetite may limit upside in the near term. Cover image from ChatGPT, SOLUSD chart from Tradingview