Zora, a socialfi platform closely associated with the Ethereum Layer 2 Base, is launching its new attention market platform on Solana.
Crypto exchange-traded products (ETPs) have extended their negative streak to a fourth consecutive week after US market weakness pushed global funds to over $170 million in weekly outflows. Related Reading: Bitcoin Should Be Flying—Instead, Quantum Risk Keeps It Grounded: Analyst Crypto Funds Outflows Extend Amid US Weakness According to the latest CoinShares data, crypto-based investment products recorded their fourth week of outflows amid the negative market sentiment of the past month. In a Monday report, James Butterfill, head of research at CoinShares, shared that global crypto funds closed the week with negative net flows totaling $173 million, bringing cumulative four-week outflows to $3.47 billion. Notably, crypto ETPs recorded over $1.7 billion in outflows each of the last two weeks of January as the market sentiment shifted, marking the largest negative net flows since November 2025. Over the past two weeks, investment products have seen outflows of $187m and $173m, respectively. The latest figures suggest that the strong selling pressure has slowed, although it has not yet reversed despite improved market sentiment. “The week began on a more positive note, with inflows of US$575m, followed by outflows of US$853m, likely driven by further price weakness. Sentiment improved slightly on Friday following weaker-than-expected CPI data, with inflows of US$105m,” he detailed. Meanwhile, ETPs’ trading activity also dropped notably, with volumes falling to $27 billion from a record $63 billion recorded the previous week. Butterfill noted that the funds also saw a sharp regional divergence in sentiment between the US and the rest of the world. Per the report, the US saw $403 million in outflows last week, while all other regions recorded $230 million in inflows. Germany, Canada, and Switzerland registered the strongest performance, with inflows worth $114.8 million, $46.3 million, and $36.8 million, respectively. Altcoins See Selective Resilience As the report noted, the two leading cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), saw the worst performance among major assets. The flagship crypto had the weakest sentiment, recording $133 million in negative net flows, fueled by BlackRock IBIT’s $235 million in outflows. However, short Bitcoin investment products also recorded outflows, totaling $15.4 million over the past two weeks, “a pattern often seen near market lows,” Butterfill added. Related Reading: Bitcoin At $8,000? Michael Saylor Says Strategy Still Won’t Break Ethereum suffered $85.1 million in outflows, led by BlackRock ETHA’s $112.7 million, while Hyperliquid saw $1 million in outflows. On the flip side, some altcoin-based investment products saw positive sentiment, continuing to attract fresh inflows last week. Crypto funds based on XRP led the charge with $33.4 million in inflows, adding to the previous week’s $63.1 million positive flows. Solana ETPs followed second with $31 million inflows, a notable increase from the $8.2 million recorded the week prior, signaling confidence in these assets despite the broader trend. Featured Image from Unsplash.com, Chart from TradingView.com
Solana failed to stay above $90 and corrected gains. SOL price is still above $85 and might attempt another increase in the near term. SOL price started a downside correction below $90 against the US Dollar. The price is now trading above $85 and the 100-hourly simple moving average. There is a rising channel forming with resistance at $88 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $85 zone. Solana Price Starts Downside Correction Solana price failed to surpass $92 and started a downside correction, like Bitcoin and Ethereum. SOL dipped below $90 and $88 to enter a short-term bearish zone. There was a move below the 50% Fib retracement level of the upward wave from the $76.54 swing low to the $91.20 high. However, the bulls were active above the $82 support. The price is back above $85. There is also a rising channel forming with resistance at $88 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 $95. Any more gains might send the price toward the $102 level. Another Decline In SOL? If SOL fails to rise above the $92 resistance, it could start another decline. Initial support on the downside is near the $85 zone. The first major support is near the $82 level or the 61.8% Fib retracement level of the upward wave from the $76.54 swing low to the $91.20 high. A break below the $82 level might send the price toward the $76.50 support zone. If there is a close below the $76.50 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 – $85 and $82. Major Resistance Levels – $88 and $92.
Solana is tightly compressed inside a defined range after sweeping liquidity on both sides. With volatility fading and pressure building, the current structure suggests a major breakout move could be approaching. $77–$90 Range Remains Firmly Intact Solana remains locked inside a well-defined $77–$90 range, with the broader outlook suggesting that any major resolution is more likely to unfold to the downside toward $57. According to Umair Crypto, the price has been consolidating within this band for the past 11 days, with liquidity already swept on both ends. That behavior signals a balanced market environment rather than a trending one. Related Reading: Solana Funding Rates Hit 17-Day Negative Streak — What This Means For Price Currently, Solana is trading below the range’s point of control (POC), which introduces slight short-term bearish pressure. However, from a structural standpoint, the market remains in choppy consolidation. A short-term move toward $81–$82 remains possible for another rotation higher, and even a marginal push toward $93 could occur if the highs are taken again. Still, unless $90 is decisively reclaimed and flipped into support with strong volume, such moves would likely qualify as deviations rather than sustainable breakouts. For now, the primary expectation is continued consolidation before a larger expansion phase begins. If the range ultimately resolves to the downside, $57 stands out as the broader target. Until a clear structural shift occurs, this remains a range-trading environment, not trend-trading. Solana Wyckoff Reaccumulation Unfolding After Brutal Downtrend Trader Tardigrade recently shared a detailed outlook suggesting that Solana is undergoing a classic Wyckoff Reaccumulation pattern after its prolonged and exhausting grind lower. Following months of distribution-like price action and volatility, the current structure appears to be transitioning into a base-building phase that could eventually support a larger cycle advance if key levels continue to hold. Related Reading: Solana (SOL) Trades Heavy Below $90 As Breakdown Risk Grows According to the breakdown, Phase A began with a Selling Climax (SC) near $110 in August 2024, followed by an Automatic Rally (AR) toward approximately $264. Phase B then unfolded through multiple Secondary Tests (STs), alongside a notable Upthrust After (UA) fakeout near $295. Phase C appears to have completed with a Spring formation around the $68 level in early 2026 — a sharp wick rejection that likely swept liquidity before reversing. The market is now potentially entering Phase D, which would require Solana to firmly hold above $95 for a confirmed Sign of Strength (SOS) rally. If this structure continues to play out as outlined, projected upside targets include a Last Point of Support (LPS) near $150, a Backup (BU/LPS) zone around $250, and eventually a broader markup phase that could extend toward $350–$500 or higher. However, the bullish thesis remains conditional; SOL must continue to defend the Spring low and demonstrate constructive volume behavior to validate the larger cycle advance. Featured image from Freepik, chart from Tradingview.com
The British financial giant Standard Chartered sharply reduced its price outlook for XRP, the fourth-largest cryptocurrency. The company trimmed its end-of-2026 target by 65% following the severe downturn in the broader crypto market in the past month. The revision comes even as the altcoin posted a modest 2% rebound over the past week, trading around $1.47 per token at the time of writing. Despite that short-term recovery, the bank’s digital assets team now believes the token is unlikely to reach a new all-time high this year. New XRP Price Prediction The updated forecast was first reported on Monday by DL News, with Geoffrey Kendrick, Standard Chartered’s global head of digital assets research, outlining the changes in a note to investors. Related Reading: Can XRP Hold Above $1? Token Tumbles 11% as Breakdown Fuels Crash Concerns Kendrick, who leads the bank’s crypto research efforts, acknowledged that recent market conditions have forced a broad reassessment of price expectations across the sector. “Recent price action for digital assets has been challenging, to say the least,” Kendrick wrote. “We expect further declines near-term, and we lower our forecasts across the asset class.” Under the revised outlook, Standard Chartered now expects XRP to reach $2.80 by the end of 2026, a substantial cut from its previous $8 projection. The earlier target had been issued in December, when the bank took a far more optimistic stance. At that time, Kendrick pointed to increasing regulatory clarity surrounding XRP’s status as a financial asset, along with progress toward exchange-traded fund (ETF) products, as key catalysts that could drive significant price appreciation. Broad Forecast Cuts Across Major Tokens The $8 forecast was made roughly two and a half months after the sharp market crash on October 10, when sentiment had begun to stabilize. However, as February draws to a close, the broader crypto market has yet to mount a sustained recovery. That prolonged weakness has prompted Standard Chartered to reassess not only XRP but the wider digital asset landscape. Related Reading: Bitcoin Should Be Flying—Instead, Quantum Risk Keeps It Grounded: Analyst Bitcoin’s (BTC) expected price has been reduced from $150,000 to $100,000. Ethereum’s (ETH) forecast has been revised down from $7,000 to $4,000, while Solana’s (SOL) target has been cut from $250 to $135. Featured image from OpenArt, chart from TradingView.com
Solana (SOL) has been significantly affected by the bear market, reporting a price loss of 37.38% in the last 30 days alone. Despite the late price relief seen last week, the altcoin remains about 70% off its all-time high, reflecting the dominant selling activity of recent months. Notably, funding rates data suggest traders are yet to see an imminent end to this turmoil, as open interest positioning reflects strong conviction toward further downside. Related Reading: Solana Reclaims $80 Amid Friday Market Bounce – Analysts Set Next Targets Solana Bearish Funding Stretch Sets New Low In 2.5 Years Funding rates are periodic payments exchanged between traders in perpetual futures markets to keep the futures price aligned with the spot price of an asset. Funding rates show which side of the market is more crowded, buyers (longs) or sellers (shorts), and thus a good sentiment indicator. Negative funding rates suggest that short traders are dominant, with a higher percentage of market participants presently betting on a price fall. According to market analyst Ted Pillows, the Solana market has recorded a negative funding rate for 17 consecutive days, indicating that traders have been aggressively positioned on SOL for over two weeks. The market analyst explains that the bearish sentiment around Solana hasn’t touched these extremes in over 2.5 years. Therefore, this development is indicative of a sustained directional conviction and not regular market noise. However, there are two likely scenarios to develop from this concerning situation. Firstly, Solana may continue to bleed downward as spot buying pressure remains weak, combined with the sustained decline in macro risk appetite. On the other hand, the market might also experience a short squeeze marked by rapid upward price movement. This can be due to an exhaustion of selling pressure, after an overwhelming market majority opens short positions. In conclusion, while Solana traders and investors remain strongly bearish, there is still potential for reverse price moves to catch these overcrowded trades off guard. Related Reading: Bitcoin On-Chain Data Indicates High Volatility Ahead Following Post-CPI Reaction Solana Price Outlook At the time of writing, Solana trades at $88.01, reflecting a 3.81% gain in the last day. Meanwhile, the daily trading volume is down by 24.9% and valued at $2.89 billion. According to a renowned market analyst, Ali Martinez, data from the UTXO Realized Price Distribution (URPD) metric highlights key Solana price levels. While $85.55 was previously identified as a resistance zone, Solana’s move toward the $88 level suggests this region may now be flipping into a support area, reinforcing its importance as a short-term demand zone. Featured image from Nairametrics, chart from Tradingview
As the crypto market recovers, Solana (SOL) has bounced from a major level trendline and momentarily reclaimed a key horizontal level. Some analysts have signaled that a retest of a crucial short-term resistance could be coming, while others have warned that a breakdown to new lows remains possible. Related Reading: Ethereum $1,900 Retest Could Decide Next Major Move – Is ETH Preparing For New Lows? Solana Bounces From Two-Year Trendline On Friday, Solana bounced 10.3% to break past the $85 area for the first time in three days. The cryptocurrency has been hovering between $78-$88 over the past week, briefly falling to $67 during last Thursday’s correction. SOL lost the mid-zone of its local range after recent market volatility, falling below $80 on Thursday. However, Today’s rebound has sent the altcoin above these recently lost levels, setting the stage for a potential recovery. Amid this performance, market observer Daan Crypto Trades highlighted that the cryptocurrency has reclaimed the key $80 level, which has historically served as major resistance and support. To the trader, the Solana must hold above this area and form a base above it before “watching for a low-timeframe market structure break back to bullish.” Analyst Ali Martinez observed that sustained buying pressure could push SOL’s price toward the $88 level, not seen since the start of the week. The altcoin has been unable to break above this level since last week’s breakdown, becoming a key short-term resistance area. A breakout from this level could open the door for a retest of the $90-$96 zone, where the April 2025 lows are. Meanwhile, Crypto Batman noted that Solana is retesting its two-year descending trendline in the weekly timeframe, located around the recent lows. The chart shows that the macro trendline has been holding since early 2024 and has been tapped multiple times throughout the cycle. As the analyst explained, “Over the past 2 years, every time the price touches this level, a massive reversal occurs.” During this period, it has also marked the bottom of each major correction, with the latest retest taking place in Q2 2025 and leading to the following quarter’s rally. SOL Breakdown Still Coming? Despite the bullish outlooks, other market watchers have shared potential bearish forecasts for Solana if momentum weakens. Altcoin Sherpa warned that SOL could drop to $50 if selling pressure pushes the price below a crucial area. The chart shows that after losing the 200-week Exponential Moving Average (EMA), around the $121 mark, and the April 2025 lows, the key area to hold is the recently visited local range lows. As the analyst displayed, if the cryptocurrency fails to hold the $77-$78 price area, the next major historical support sits near the November 2023 breakout area, around the $51 mark. Market watcher Crypto Bullet suggested that Solana’s bottom may not be in yet, arguing that “those who bought BTC above $80k and SOL above $120 must stay trapped for a year or two.” Related Reading: LayerZero (ZRO) Soars 40% Amid Zero Blockchain Debut, Major Institutional Backing He affirmed that “returning to those levels anytime soon doesn’t make sense,” as the cryptocurrencies are in their markdown period. In an X post, he emphasized the market cycle phases, pointing out that the accumulation phase occurred between 2022 and 2023, while the distribution phase occurred between 2024 and the start of 2026. Based on this, the analyst’s chart shows that SOL could potentially find a bottom around the $40 area. As of this writing, Solana is trading at $84.17, a 2.5% decline in the weekly timeframe Featured Image from Unsplash.com, Chart from TradingView.com
Solana failed to stay above $90 and corrected gains. SOL price is now trading below $85 and might find bids near the $76 zone. SOL price started a downside correction below $85 against the US Dollar. The price is now trading below $82 and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $81 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $76 zone. Solana Price Starts Downside Correction Solana price failed to surpass $90 and started a downside correction, like Bitcoin and Ethereum. SOL dipped below $85 and $82 to enter a short-term bearish zone. There was a move below the 50% Fib retracement level of the upward wave from the $67.40 swing low to the $89.72 high. Besides, there is a bearish trend line forming with resistance at $81 on the hourly chart of the SOL/USD pair. Solana is now trading below $80 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $81 level and the trend line. The next major resistance is near the $82.20 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 $90. Any more gains might send the price toward the $102 level. More Losses In SOL? If SOL fails to rise above the $82 resistance, it could start another decline. Initial support on the downside is near the $76 zone and the 61.8% Fib retracement level of the upward wave from the $67.40 swing low to the $89.72 high. The first major support is near the $72.50 level. A break below the $72.50 level might send the price toward the $68 support zone. If there is a close below the $68 support, the price could decline toward the $60 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 – $76 and $72.50. Major Resistance Levels – $81 and $85.
The Hyperlane Nexus Bridge will enable holders to transfer wBTC tokens between Ethereum and Solana, the team wrote in a press release.
The bank has also lowered price targets for Solana, XRP, BNB, and Avalanche, in addition to bitcoin and ether.
The XRP Ledger (XRPL) has overtaken Solana on one closely watched metric over the past month, flipping it in real-world asset tokenization, excluding stablecoins. Data from RWA.xyz indicate that the Ledger has approximately $1.756 billion in total on-chain real-world asset value, excluding stablecoins, compared with approximately $1.682 billion for Solana. While this gap is not […]
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AI bots will now be able to independently hold funds, send payments, trade tokens, earn yield, and transact onchain.
Solana failed to settle above $90 and trimmed some gains. SOL price is now facing hurdles near $88 and might decline again below $82. SOL price started a decent recovery wave above $78 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 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $85 and $90. Solana Price Faces Resistance Solana price remained stable and started a decent recovery wave above $72, 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 $106 swing high to the $68 low. However, the bears are active near $90. The price is now moving lower below $88. There is also a key bearish trend line forming with resistance at $85 on the hourly chart of the SOL/USD pair. Solana is now trading below $85 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $85 level and the trend line. The next major resistance is near the $92 level and the 61.8% Fib retracement level of the downward move from the $106 swing high to the $68 low. The main resistance could be $96. A successful close above the $96 resistance zone could set the pace for another steady increase. The next key resistance is $105. Any more gains might send the price toward the $112 level. Downside Continuation 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 $75 support zone. If there is a close below the $75 support, the price could decline toward the $70 zone 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 $75. Major Resistance Levels – $85 and $92.
Solana’s (SOL) recent price action has put traders on alert once again. After sliding to multi-month lows near the lower-$80 range, SOL staged a sharp rebound of more than 6% in a short period, briefly easing fears of an immediate breakdown. Related Reading: Bitcoin Could See New Drop To $60,000 Despite Bounce – Here’s The Level To Defend However, the recovery has done little to settle the broader debate. Analysts now see Solana caught between fragile support and overhead resistance, with the $98–$108 zone emerging as a key upside test if momentum can hold. Despite the bounce, market conditions remain cautious. SOL is still trading well below former support levels that have flipped into resistance, and several technical and on-chain indicators suggest the market has not yet found a clear directional bias. SOL's price trends to the downside on the daily chart. Source: SOLUSD on Tradingview Support Holds, but SOL Trend Remains Weak Solana is currently consolidating around the $83–$87 area, a zone many analysts view as critical short-term support. Multiple reports highlight that SOL has lost its prior monthly support between $98 and $100, confirming the broader downtrend remains intact. Price structure continues to show lower highs and lower lows, and SOL is trading below key moving averages, reinforcing bearish control. At the same time, oversold signals are beginning to appear. The Relative Strength Index on higher timeframes has dipped into levels that historically coincided with stabilization phases. Some analysts also point to the Money Flow Index nearing extreme readings, suggesting selling pressure may be losing intensity, even if buyers have yet to step in decisively. If the $85 area fails, downside targets cluster around $78–$80, with deeper support cited near $70. These levels align with historical demand zones observed during previous drawdowns. Solana ETF Outflows and On-Chain Signals Add Pressure On-chain data has added another layer of complexity. More than 1 million SOL reportedly left centralized exchanges over a 72-hour period, a move analysts interpret as stress-driven repositioning rather than clear accumulation. In parallel, Solana-linked ETFs recorded roughly $11.9 million in net outflows, the second-largest on record. Historically, large ETF outflows have sometimes appeared near capitulation phases, but they also limit near-term upside by reducing institutional participation. Long-term holder data further shows accumulation slowing, removing a source of price support that has cushioned past declines. Why $98–$108 Matters for Bulls Looking ahead, analysts agree that any meaningful recovery must reclaim the $98–$108 region. This zone represents both former support and a psychological barrier near $100. February forecasts from several market trackers suggest SOL could trade within this range if it stabilizes above current levels. Related Reading: Bernstein Calls Bitcoin Crash A ‘Crisis Of Confidence,’ Maintains $150,000 Target A sustained move above $108 could open the door to a broader trend reassessment, while repeated rejection would reinforce the prevailing bearish structure. Solana remains in a wait-and-see phase, with traders closely watching whether support holds, or whether another leg lower comes before a durable base is formed. Cover image from ChatGPT, SOLUSD chart on Tradingview
Ripple has enabled staking for Ethereum and Solana within its institutional custody business, expanding beyond safekeeping to include asset servicing features that large investors increasingly consider standard. The new capability, delivered through a partnership with staking infrastructure provider Figment, enables Ripple Custody clients to offer staking on major proof-of-stake networks without setting up validator infrastructure. […]
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Solana failed to settle above $90 and remained in a range. SOL price is now facing hurdles near $90-$92 and might decline again below $80. SOL price started a decent recovery wave above $75 and $80 against the US Dollar. The price is now trading above $85 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $88 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $88 and $92. Solana Price Faces Resistance Solana price remained stable and started a decent recovery wave from $68, like Bitcoin and Ethereum. SOL was able to climb above the $75 level. There was a move above the 50% Fib retracement level of the downward move from the $106 swing high to the $68 low. However, the bears are active below $90. There is also a key bearish trend line forming with resistance at $88 on the hourly chart of the SOL/USD pair. Solana is now trading above $80 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $88 level and the trend line. The next major resistance is near the $92 level and the 61.8% Fib retracement level of the downward move from the $106 swing high to the $68 low. 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 $102. Any more gains might send the price toward the $112 level. Another Decline In SOL? If SOL fails to rise above the $92 resistance, it could continue to move down. Initial support on the downside is near the $84 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 $68 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 and $80. Major Resistance Levels – $88 and $92.
Market expert Umair Crypto has released an updated technical analysis on the Solana price from last week. In his new report, the analyst highlighted that Solana’s market structure still remains decisively bearish, especially after its recent crash to two-year lows. Despite the downtrend, Umair Crypto believes that Solana could still build enough momentum to reach higher levels. He has shared multiple bullish and a few bearish targets for the cryptocurrency, depending on its next price movements. Solana Price Faces Sharp Downtrend Amid Key Support Losses In his recent X post, Umair shared a chart analysis, predicting that the Solana price could recover and potentially climb back above $150. He provided detailed insights into the cryptocurrency’s recent downtrend and highlighted what a potential recovery might look like if the price breaks through key resistance levels. Related Reading: Polygon Hits $3.50 Billion In Payments As Crypto Activity Expands According to Umair, Solana’s price action turned sharply bearish after breaking key support levels and crashing below $80 earlier this week. The analyst noted that SOL lost the $100 Point Of Control (POC) from the January 2024 range. As a result, the price quickly dropped toward the next POC zone between $67 and $73. This decline represented a clean move downward of about 27%, highlighting how fragile higher price levels have become amid broader market weakness. Following the price drop, Umair reported that Solana staged a modest 12% bounce from the lower zone. This movement confirmed the area as a volume-heavy region capable of temporarily attracting buyers. Despite this, the chart still signals caution, as Solana is already pulling back while trading volume continues to increase. The analyst emphasized that the combination of rising volume and price declines typically indicates a downside conviction rather than a V-shape recovery setup. Consequently, it suggests that SOL’s decline could continue, making a quick price reversal unlikely. Path To Recovery And Higher Price Targets While the broader technical picture supports a bearish outlook for Solana, Umair Crypto still believes the cryptocurrency can stage a recovery to new highs, albeit slowly. He marked the former point of control near $100.93 as a key level to watch, noting that it now acts as a resistance. According to the analyst, the best-case scenario for Solana would be to build a base within its current range, flip its daily bullish structure, and use that structure as support for any future price recoveries. Without this, any sustained trend reversal is unlikely. Related Reading: Bitcoin Edges Past Gold In Appeal, JPMorgan Says If SOL breaks above the $100.93 level, Umair Crypto predicts the next price targets would be $120.59, $128.43, $138.77, and $150.36. In his original analysis, the analyst shared an even higher target, forecasting a surge to between $200 and $210 if Solana can maintain momentum above $150.36. Featured image from Unsplash, chart from TradingView
Solana (SOL) is drawing selective investor interest even as the wider crypto market remains under pressure. While sharp price declines across major tokens have weighed on sentiment, recent fund flow data and on-chain activity suggest that capital is not exiting the ecosystem entirely. Related Reading: 5 Red Months In A Row: What’s Going On With Bitcoin And The Crypto Market? Instead, market participants appear to be separating near-term price weakness from longer-term network usage, creating a mixed but notable picture for SOL as it trades around $79. SOL's price records losses on the daily chart. Source: SOLUSD on Tradingview Solana ETF Inflows Stand Out Against Broader Outflows On February 5, U.S. spot crypto ETFs recorded uneven capital movements. Bitcoin spot ETFs saw net outflows of about $434 million, while Ethereum funds posted roughly $80.8 million in outflows. In contrast, Solana spot ETFs recorded net inflows of $2.82 million, according to data compiled by SoSoValue. Although modest in absolute terms, the inflows stood out against the broader trend of risk reduction. The data suggests that some institutional and professional investors are maintaining or adding limited exposure to Solana-linked products despite ongoing volatility in digital asset markets. Network activity offered a similar contrast. Solana processed more than $31 billion in decentralized exchange (DEX) spot volume over the past week, indicating sustained user engagement even as prices declined. This divergence between price action and activity has been a recurring theme during recent market stress. Price Pressure and Bearish Market Structure Despite ETF inflows, SOL price action remains weak. The token has fallen more than 30% over the past week, briefly trading in the $67–$68 range before rebounding to $80. Technical indicators continue to reflect bearish momentum. Futures data shows declining participation, with Solana’s open interest falling to around $5 billion, its lowest level since mid-April 2025. Funding rates have also turned negative, while the long-to-short ratio remains below one, signaling that more traders are positioned for further downside. On the charts, SOL remains in a clear downtrend. The break below key psychological levels near $100 and $85 accelerated selling pressure. Analysts now point to $82 and $76 as near-term support levels, with $60 still cited as a downside risk if selling intensifies. Institutional Interest Persists Despite Volatility Away from price charts, institutional developments continue to support Solana’s longer-term narrative. Recent announcements include corporate treasury initiatives using the Solana blockchain and partnerships in Asia focused on tokenizing traditional securities. These moves highlight ongoing experimentation with Solana’s infrastructure despite unfavorable market conditions. Related Reading: Bitcoin Edges Past Gold In Appeal, JPMorgan Says Currently, SOL sits at the intersection of weak short-term momentum and pockets of institutional and network strength. The $2.82 million ETF inflow does not reverse the broader downtrend, but it underscores that interest in Solana has not disappeared, even as markets remain under stress. Cover image from ChatGPT, SOLUSD chart on Tradingview
Solana has suffered a sharp sell-off that’s left its chart looking fragile, with price sliding straight into a key demand zone. Despite the drop, big money remains notably cautious, signaling that institutions may be waiting for clearer direction before stepping in. Solana’s Sharp Breakdown Leaves the Weekly Chart on Edge AltCoin Việt Nam noted that Solana has already suffered a sharp sell-off, a move that is clearly reflected on the weekly chart. Price dropped aggressively from the higher range and is now trading around the $90–93 zone. The bounce so far appears weak, and volume is not signaling strong participation from large buyers stepping in to defend the move. Related Reading: Solana Accumulation Narrative Strengthens With Big Institutions, A Rally Imminent? What stood out most in the update was the behavior of institutional players. Despite the lower prices, institutional ETFs have shown little interest in accumulating SOL in this zone. This contrasts sharply with earlier phases, when they were buying aggressively at much higher levels. Addressing questions from the community about whether institutions “knew” the crash was coming, AltCoin Việt Nam explained that this is not necessarily the case. Instead, institutional behavior simply differs from that of retail traders. Their decisions are driven more by trend structure, liquidity conditions, and capital flows than by attempts to predict exact price bottoms. Firstly, ETFs typically do not dollar-cost average in the same way retail investors do. When momentum is strong and inflows are active, they are willing to buy at higher prices to maintain exposure. However, once the trend breaks and volatility rises, waiting for clarity becomes more important than trying to catch the bottom. For institutions, entering at the right time with renewed momentum matters far more than buying at the lowest possible price. Finally, AltCoin Việt Nam highlighted that ETF accumulation is also dependent on capital inflows. Without fresh money entering the funds, there is little incentive or ability for them to add positions, even at discounted prices. For retail participants, the approach may differ. Short-term traders should not expect immediate institutional support, as large players currently have no urgency to step in. Step-Down Decline Brings SOL Into Key Demand Zone According to an update by BitGuru, Solana has been moving lower in a series of step-down declines, reflecting sustained bearish pressure. Price has now reached a key demand zone between $90 and $95, an area where buyers have previously stepped in to defend the market. Related Reading: Solana To Retest November Lows After $144 Rejection, But Analysts Remain Bullish BitGurun noted that selling pressure appears to be easing as SOL trades within this range, suggesting that the market is attempting to form a short-term base. If this demand zone continues to hold, BitGuru believes a relief move toward prior structural levels becomes increasingly likely. Such a move would represent a technical rebound rather than a full trend reversal. Featured image from iStock, chart from Tradingview.com
Solana’s market looks like a tightly wound spring right now. Prices have been slipping while futures activity is picking up, and that gap is what traders are watching most closely. Related Reading: Russia’s Biggest Exchange To Launch XRP Indices And Futures It’s a setup that can keep losses rolling — or flip fast if a wave of short covering hits. Either way, the scene is driven more by bets than by steady buying. Derivatives Betting Intensifies According to reports, more futures contracts for SOL are being opened even as the price moves lower. That means fresh bets are being placed, not just old ones being closed. Funding rates for perpetual contracts have moved into negative territory. When funding is negative, those backing short positions are paying those on the long side. It’s a clear sign of bearish leaning in the derivatives market. Leverage A Big Part Of The Story Reports say many of these positions are sized up with leverage. Traders are piling on with borrowed exposure. That raises the odds of violent swings because margin calls can trigger cascades. A squeeze can happen quickly. If a piece of positive news appears or a large buyer steps in, those who are short may be forced to buy back, and that buying itself can push the price up fast. Price is going down. Open Interest is going up. Funding is going down.$SOL is getting heavily shorted here. pic.twitter.com/YuYAy9lzZ0 — Ted (@TedPillows) February 4, 2026 Price Action Shows Weakness Across short-term charts — intraday and daily — SOL has been under pressure. Spot trading volume remains light, which makes every trade count more. Some traders are trimming risk because volatility in larger coins has spooked the market. In plain terms: fewer hands are willing to hold SOL at these levels, and that lack of real buying support keeps the downside pathway open. Volatility Could Swing Either Way This environment is speculative. High open interest plus negative funding is a bearish combo, but it also loads the market with risk. Covered shorts can unwind in a hurry. Liquidity gaps are where big moves start. The same factors that drive downward momentum can, under different circumstances, accelerate a rebound. Related Reading: Crypto Could Bounce Soon As Fundamentals Firm Up, Tom Lee Says Based on reports, the clearest signals to follow are changes in open interest, shifts in funding rates, and sudden spikes in spot volume or order book depth. Also watch news flow closely; a single announcement can change sentiment overnight. Risk management matters here. Size positions so that forced liquidations are avoidable. Featured image from Unsplash, chart from TradingView
As Solana (SOL) trades at multi-year lows, some analysts have lowered their end-of-year targets. Meanwhile, other market watchers have warned that the altcoin risks another 50% correction after a bearish formation was recently confirmed. Related Reading: BNB Chain Metrics Show Strong Performance As BNB Price Retests ‘Do Or Die’ Level Solana Confirms Head And Shoulders Pattern On Wednesday, Solana retraced nearly 10% in the daily timeframe, reaching a two-year low of $90. The cryptocurrency had been trading between $120 and $250 in the monthly chart since February 2024, retesting and bouncing from its macro support multiple times. The altcoin lost this crucial area over the weekend, closing January at around $105. After failing to maintain this level, SOL started the month attempting to hold the $100 psychological barrier and reclaim the $105 resistance as support. Nonetheless, the latest market movement, which also dragged Bitcoin (BTC) toward multi-year lows, pushed Solana below its bull market lows from last year. Amid this performance, market observer Alex Clay affirmed that SOL has “started to look bad.” The analyst affirmed that the altcoin’s chart shows a confirmed bearish formation after the recent price action, noting that it has also lost an important support zone. Per the chart, the cryptocurrency displays a macro Head and Shoulders (H&S) pattern in the weekly timeframe, which has been forming since early 2024. The left shoulder developed during the Q1-Q2 2024 run, while the head formed during its late 2024 and early 2025 rally, which led to its All-Time High (ATH) of $293. This performance placed the neckline of the bearish formation around the $105 area. Notably, the pattern’s right shoulder began to develop after the Q3 2025 rally and was confirmed during the latest market crash. Now, the cryptocurrency has fallen below the neckline and could confirm it as resistance if the price closes the week under $105. Clay warned that the pattern’s first target sits around the $42 mark, which would represent a 55% correction from the current levels. SOL’s Chart Tell ‘Grim’ Story Other market watchers also expressed their concerns about SOL’s future performance, suggesting that a correction toward new lows is likely. Sjuul from AltCryptoGems noted that the Solana chart gives “a truly panic-inducing feeling” with “a vast no man’s land!” below it. Similarly, Crypto Tony asserted that after breaking the $100 low “with conviction,” the next major support for the altcoin sits around $50. To him, a correction toward this area is “obvious” as Bitcoin has “yet to find a bottom.” Altcoin Sherpa cautioned that SOL has also lost the 200-Week Exponential Moving Average (EMA), which is “a last stand area before $75 or lower.” He pointed out that the cryptocurrency tends to have strong price reactions due to “the gambling chain,” but noted that means corrections are usually stronger. Related Reading: Crypto Market Crash ‘Worse Than Expected’ But Bottom Might Be Near, Says Tom Lee Moreover, a major financial institution has recently lowered its end-of-year target for Solana. As reported by NewsBTC, Standard Chartered trimmed its near-term forecast from $310 to $250, mentioning the time required for the network’s next major use case to scale. Despite its short-term trim, the bank raised its longer-term targets, forecasting SOL at $2,000 by 2030 as it stops being “a one-trick pony” and evolves “from memecoins to micropayments.” As of this writing, Solana is trading at $93.28, a 27.9% decline on the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Russia’s Moscow Exchange (MOEX) is moving to broaden which digital assets it tracks and trades. Reports say the exchange plans to roll out new indices and futures tied to XRP, Solana, and Tron this year. That will give traders ways to follow price moves without owning the coins directly. Related Reading: Crypto Could Bounce Soon As Fundamentals Firm Up, Tom Lee Says New Crypto Indices Planned According to local coverage, Maria Silkina, who runs the derivative products group at the exchange, outlined the expansion on a recent radio broadcast. MOEX already lists benchmarks for Bitcoin and Ethereum. Now the exchange is preparing indices that mirror three more of the bigger, actively traded tokens, and it intends to offer futures contracts based on those indices. Trading interest in these coins has been high elsewhere. Here, such contracts will be cash-settled and follow the Bank of Russia’s rules. Settlements will happen monthly under the current regime. Perpetual Contracts And Options Under Review Reports note the exchange is also thinking about perpetual futures and options for Bitcoin and Ethereum down the line. Perpetuals do not expire. They use funding rates to stay close to the spot market and allow positions to be held for as long as a trader wishes. That differs from the monthly settled contracts MOEX already uses. Some of the new ideas remain under study and will be launched step by step. The approach looks designed to keep the products inside a tightly regulated frame while allowing more sophisticated trading strategies. Russia Pushes Toward Broader Access In 2025 the exchange added a set of crypto-linked futures, and it listed indices connected to Bitcoin and Ether alongside other structured products tied to overseas ETFs. Reports say that trend continued with some big Russian financial firms offering crypto-tied investment options. Sberbank has already rolled out a product that links to Bitcoin’s price. Market access is slowly widening, but access is still likely to be limited to qualified investors at first. That said, more instruments usually bring more liquidity and more ways to manage risk. Related Reading: Trump Says He Was Unaware Of Abu Dhabi Royal’s $500 Million WLFI Investment What This Means For Traders For investors, the shift offers both opportunity and restraint. Cash settlement removes the need for custody of the underlying token, which can reduce some operational hassles. At the same time, the Bank of Russia’s standards mean the products will be boxed in by clearing and reporting requirements. If adopted, these additions could help price discovery for XRP, Solana, and Tron inside Russia and might attract institutional flows that have been sitting on the sidelines. Featured image from The Moscow Times, chart from TradingView
Solana failed to settle above $102 and extended losses. SOL price is now consolidating losses below $95 and might struggle to start a recovery wave. SOL price started a fresh decline below $100 and $95 against the US Dollar. The price is now trading below $100 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $98 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $90 or $85. Solana Price Dips Further Solana price failed to remain stable above $105 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $100 and $95 support levels. The price gained bearish momentum below $92. A low was formed at $89, and the price is now consolidating losses with a bearish angle below the 23.6% Fib retracement level of the downward move from the $106 swing high to the $89 low. Solana is now trading below $95 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $93 level. The next major resistance is near the $97 level or the 50% Fib retracement level of the downward move from the $106 swing high to the $89 low. There is also a key bearish trend line forming with resistance at $98 on the hourly chart of the SOL/USD pair. The main resistance could be $102. A successful close above the $102 resistance zone could set the pace for another steady increase. The next key resistance is $106. Any more gains might send the price toward the $112 level. More Losses In SOL? If SOL fails to rise above the $98 resistance, it could continue to move down. Initial support on the downside is near the $90 zone. The first major support is near the $85 level. A break below the $85 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 $74 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 – $90 and $85. Major Resistance Levels – $98 and $102.
Kyle Samani pledged to continue making personal investments in the crypto sector as he pursues other tech interests.
Standard Chartered has lowered its end-2026 price target for Solana to $250, down from $310, while leaving its longer-dated trajectory intact. The bank’s roadmap still points to $2,000 by 2030 as the bank argues the chain’s activity mix is rotating away from memecoin-led trading toward stablecoin-based micropayments. The revised forecast comes as the bank’s digital assets research team frames the current drawdown as a period when “performance differentiation” across crypto should become more visible, rather than a tape where everything trades as a single risk bucket. Why Standard Chartered Lowers The 2026 Solana Target, Boosts Long View Behind the 2026 haircut is a more skeptical view on how quickly Solana can convert its cost and throughput advantages into sustained, fee-generating economic activity beyond speculative bursts. In Standard Chartered’s telling, Solana is in the middle of a narrative transition that is strategically attractive but not instantaneous in market terms. Related Reading: Solana Returns To A Critical Demand Zone — Trend Reload Or Breakdown Risk? Geoffrey Kendrick, Standard Chartered’s head of global digital assets research, anchored the shift in decentralized exchange (DEX) flow composition. “When we initiated coverage of Solana in May 2025, we observed that activity on the network was largely concentrated in memecoin trading on DEXs.” “Composition of DEX flows has shifted from memecoin trading toward SOL–stablecoin pairs.” That rotation, Kendrick argued, accelerated over 2025 as capital moved away from meme-focused activity which he said peaked in mid-January around the launch of the Trump token and toward tokenized dollars. The implication is that Solana’s DEX activity is beginning to resemble a payments-adjacent rail more than a single-cycle casino, even if overall volumes have cooled. Standard Chartered also flagged Solana’s ultra-low transaction costs as a key enabler for “micropayment” use cases, including AI-driven payments, where even modest fee overhead can break unit economics. One of the more striking metrics in the report is stablecoin turnover: Kendrick said stablecoin velocity on Solana is already two to three times higher than on Ethereum, suggesting Solana may be carving out a distinct role for high-frequency, low-value transfers. Related Reading: Solana Could Reach $1,600+ Within Five Years, Bitwise CIO Says The bank tied that possibility to “internet-native” payment protocols such as Coinbase-backed x402, while cautioning that the repositioning will take time to translate into market leadership. That slower timeline is part of why Standard Chartered expects Solana to lag Ethereum in the 2026–2027 window, even as the bank becomes more constructive on Solana’s longer-run upside if micropayment demand compounds. Despite trimming the 2026 target, Standard Chartered’s longer-term schedule remains aggressive: $400 in 2027, $700 in 2028, $1,200 in 2029, and $2,000 by end-2030, according to reporting by The Block. The bank’s framework implies that Solana’s “micropayments” phase is expected to matter more as the cycle matures, with Kendrick also projecting Solana to outperform Bitcoin over 2027–2030. At press time, SOL traded at $96.93. Featured image created with DALL.E, chart from TradingView.com
Solana has pulled back into a key demand zone, a level that could determine whether its strong trend continues or falters. How price reacts here will be crucial, as a hold may signal a trend reload, while a breakdown could push SOL into broader market chop. Solana Returns To A Critical Weekly Demand Zone Giving an update on the weekly timeframe, Cyril-DeFi explained that Solana has been one of the standout performers this cycle. Still, price has now returned to a critical demand zone that could determine its next major move. According to Cyril, this area has historically acted as a pivot point where momentum either re-ignites or fades. Related Reading: Solana (SOL) Keeps $100 Alive, Recovery Push Faces First Test This is the type of zone where strong trends tend to reload if buyers successfully defend it. However, a failure to hold would suggest that the prior strength is losing traction, increasing the risk that the trend structure begins to deteriorate. From Cyril’s perspective, a firm hold at current levels would position Solana to lead the next altcoin impulse, reinforcing its relative strength against the broader market. On the other hand, losing this demand zone would likely see SOL slip into extended consolidation, moving in line with the wider market chop rather than outperforming it. Cyril-DeFi concluded by stressing that he is closely observing how the price behaves around this area instead of trying to predict outcomes in advance. The Only High-Conviction Long Setup On The Table According to a recent Solana post shared by Ardi, only one long setup stands out as technically sound under current conditions. With the market still under pressure, waiting for confirmation seems safer than attempting to anticipate a bottom, as premature entries tend to get punished in weak structures. Related Reading: Solana Pauses After 20% Drop — This Key Level Could Decide What’s Next Ardi highlighted the $119 level as a key pivot for Solana. A successful reclaim of this zone, ideally through a spring or brief fakeout below resistance, could signal that demand is returning. If that occurs, price could surge higher toward the top of the range on a macro lower high rally rather than a full bullish reversal. From a risk-to-reward standpoint, this reclaim scenario remains the most attractive option available. It provides a clear technical trigger, defined invalidation, and a logical upside target, allowing traders to participate without overexposing themselves in an uncertain environment. He also outlined an alternative strategy involving the 200-week simple moving average around the $100 mark, an area that previously acted as macro support in April 2025. Still, Ardi cautioned that in a broader downtrend, odds are often against traders until a major level is reclaimed, making a decisive move back above $119 crucial before confidence can truly return. Featured image from Adobe Stock, chart from Tradingview.com
Standard Chartered sees Solana evolving “from memecoins to micropayments", with forecasts of SOL to $2,000 by 2030.
NX8 is the first product rolled out under Nansen’s Joint Venture Protocol, an initiative to support onchain infrastructure development.
Hougan said institutional ETF and digital asset treasury flows masked the severity of losses across much of the crypto market last year.
Solana failed to settle above $112 and extended losses. SOL price is now recovering above $102 but faces many hurdles near $108 and $110. SOL price started a decent recovery wave above $100 and $102 against the US Dollar. The price is now trading below $110 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $108 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $108 and $110. Solana Price Faces Resistance Solana price remained stable and started a decent recovery wave from $95, like Bitcoin and Ethereum. SOL was able to climb above the $100 level. There was a move above the 23.6% Fib retracement level of the downward move from the $119 swing high to the $95.81 low. However, the bears are active below $110. There is also a key bearish trend line forming with resistance at $108 on the hourly chart of the SOL/USD pair. Solana is now trading below $105 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $108 level, the trend line, and the 50% Fib retracement level of the downward move from the $119 swing high to the $95.81 low. The next major resistance is near the $110 level. The main resistance could be $115. A successful close above the $115 resistance zone could set the pace for another steady increase. The next key resistance is $122. Any more gains might send the price toward the $125 level. Another Decline In SOL? If SOL fails to rise above the $108 resistance, it could continue to move down. Initial support on the downside is near the $101 zone. The first major support is near the $95 level. A break below the $95 level might send the price toward the $88 support zone. If there is a close below the $88 support, the price could decline toward the $80 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 – $101 and $95. Major Resistance Levels – $108 and $115.