Amid strong institutional demand and regulatory clarity from US authorities, an analyst has suggested that Solana (SOL) could potentially rally above a crucial psychological barrier for the first time in a month. Related Reading: BNB Chain Momentum Grows As Total RWA Value Hits $3B Clear Skies Ahead For Solana Over the past week, Solana has had a remarkable performance, jumping 22% from March lows and breaking out of its multi-week consolidation range. The cryptocurrency has been hovering between the $77 and $92 levels over the past month and a half, failing to break above the upper zone of this range despite multiple attempts. Following the recent crypto market bounce, the altcoin reached a one-month high of $97 at the start of the week, before dropping to $90 on Wednesday. Amid this performance, analyst Ali Martinez reported that SOL recently flashed a key bullish signal for the first time since January, suggesting a relief rally could be ahead. As he explained, the SuperTrend indicator, which is used to identify the current market trend, has turned bullish on Solana, flipping from Sell to Buy on the daily chart. In addition, the market watcher noted that there’s little resistance until the $100 psychological barrier, signaling a potential breakout to $115. Per the post, the UTXO Realized Price Distribution (URPD) metric shows that “a robust demand floor” was established between $85.55 and $82.60, where 76 million SOL tokens were transacted. “This 38-day accumulation phase has effectively exhausted sell-side liquidity. With no significant supply barriers remaining on the horizontal profile, Solana has a clear path toward the $100 psychological level, followed by the $115 liquidity cluster,” he detailed, adding that the “‘ceiling’ is significantly thinner than the current floor.” Martinez emphasized that if Solana holds the 39-day distribution zone that flipped into a structural floor around the $93 area, a bull rally could happen “much faster than people think.” Institutional Demand, Regulatory Clarity Fuel SOL’s Momentum SOL’s anticipated recovery comes as spot Solana Exchange-Traded Funds (ETFs) record their largest single-day performance in two weeks and their best weekly run since the mid-January market crash. According to SoSoValue data, the category saw $17.81 million in inflows on March 17, its highest single-day net flows since the start of the month, suggesting strong institutional demand. Meanwhile, the SOL-based funds have seen a five-week positive streak despite market volatility, largely fueled by geopolitical tensions. As the report noted, Solana Spot ETFs have cumulative net inflows of $989.3 million amid strong, “just shy of the $1B milestone.” Related Reading: The End Of Ethereum’s Downtrend? Key Indicator Flashes First Bullish Signal Since September Adding to the momentum, US regulators have recently shared long-awaited clarity on how federal securities laws apply to many crypto assets, resolving years of regulatory ambiguity. On Tuesday, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) issued joint guidance to provide clearer rules for market participants, officially confirming that most crypto assets, including Solana, Cardano, and XRP, are digital commodities rather than securities, joining Bitcoin and Ethereum in this classification. As of this writing, Solana trades at $90, a 6.4% increase in the monthly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Solana started a fresh increase above the $92 zone. SOL price is now consolidating near $95 and might aim for more gains above the $98 zone. SOL price started a fresh upward move above the $92 and $95 levels against the US Dollar. The price is now trading above $92 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $94 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $98 resistance zone. Solana Price Rallies Over 5% Solana price started a decent increase after it settled above the $88 zone, like Bitcoin and Ethereum. SOL climbed above the $92 level to enter a short-term positive zone. The price even smashed the $95 resistance. A high was formed at $97.67, 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 $86.54 swing low to the $97.67 high. Solana is now trading above $92 and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $94 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near $95. The next major resistance is near the $98 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 $105. Any more gains might send the price toward the $112 level. Downside Correction In SOL? If SOL fails to rise above the $98 resistance, it could start another decline. Initial support on the downside is near the $94 zone. The first major support is near the $92 level and the 50% Fib retracement level of the recent upward move from the $86.54 swing low to the $97.67 high. A break below the $92 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 $82 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 – $94.00 and $92.00 Major Resistance Levels – $95.00 and $98.00.
Circle’s USD Coin (USDC) has officially unseated Tether’s USDT in transfer volume for the first time in seven years. The shift marks a defining moment for digital assets, cleanly splitting stablecoin leadership into two distinct categories: total supply and transactional velocity. While Tether remains the undisputed heavyweight in the stablecoin market, USDC has become the […]
The post Tether still holds more cash, but Circle’s USDC is now moving more of crypto’s money appeared first on CryptoSlate.
Solana (SOL) may be on the cusp of a major market rally after the SuperTrend indicator turned bullish for the first time in two months. The prominent altcoin has been a major victim of the market downturn, losing over 62% of its value since October 2025. However, recent gains suggest a building momentum for a possible price recovery. Related Reading: Bitcoin Price From $70,000 To $110,000 In 2 Months? Analyst Reveals How Solana (SOL) Set For Potential Trend Reversal – Analyst In an X post on March 13, market analyst Ali Martinez shared that the SuperTrend indicator was flashing a bullish signal in the Solana market – the first recorded since early January amid prolonged price struggles that stretched to last year. The SuperTrend indicator is a technical analysis tool used to identify the current market trend, i.e., uptrend or downtrend, and potential buy or sell signals. Martinez’s analysis shows that the ST indicator indicated a sell signal in early February, around when Solana crashed to around $67. However, SOL soon rallied to eventually settle within a trading range of $76-$90, a consolidatory movement that has lasted over the last four weeks. In particular, Solana has twice recorded a moderate price action above $90 in March, with the most recent one clashing with the buy signal from the Supertrend indicator. However, it’s worth noting that a bullish signal by the SuperTrend indicator does not guarantee a sustained upward breakout, as the indicator is based on historical price and volatility data and can produce false signals. In the event of a potential breakout, investors can expect an initial price rise to around $103, which represents SOL’s immediate resistance zone, following the extended correction seen in the last few months. Related Reading: $61.9M Ethereum Buy Sparks Speculation – Mystery Whale Turns $1M Profit Overnight Solana ETFs See Significant Drop In Netflows In other news, data from SoSoValue shows that inflows to the Solana Spot ETF have been relatively slow this week. At the time of writing, total net inflow for this week is $3.10 million, representing an 83% decline from the final figures of the previous week. At the same time, Solana trades at $88.95, reflecting a 2.8% growth in 24 hours, and 11.15% in 30 days. Price gain combined with declining inflows indicates that the recent upward movement may be driven more by spot market demand and broader market sentiment rather than strong institutional capital. Within five months of trading, total cumulative inflows into the Solana Spot ETF now stand at $961.08 million, while total net assets are valued at $824.87 million, i.e., 1.67% of Solana’s market cap. At the time of writing, Solana’s total market value is set at $54.74 billion, allowing the asset rank as the seventh largest cryptocurrency in the market. Featured image from Adobe Stock, chart from Tradingview
Solana started a fresh increase above the $88 zone. SOL price is now consolidating near $90 and might aim for more gains above the $92 zone. SOL price started a fresh upward move above the $85 and $88 levels against the US Dollar. The price is now trading above $88 and the 100-hourly simple moving average. There was a break above a key contracting triangle 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 $92 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. There was a break above a key contracting triangle with resistance at $87 on the hourly chart of the SOL/USD pair. The price even smashed the $90 resistance. A high was formed at $91.12, 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 $85.09 swing low to the $91.12 high. Solana is now trading above $88 and the 100-hourly simple moving average. On the upside, the price is facing resistance near $91.20. 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 $102 level. Downside Correction In SOL? If SOL fails to rise above the $91.20 resistance, it could start another decline. Initial support on the downside is near the $88 zone. The first major support is near the $87.40 level and the 61.8% Fib retracement level of the recent upward move from the $85.09 swing low to the $91.12 high. A break below the $87.40 level might send the price toward the $85 support zone. If there is a close below the $85 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 – $88.00 and $87.40 Major Resistance Levels – $91.20 and $95.00.
Solana is attempting to stabilize after recent downside pressure, with the $85 level emerging as a key support zone. Price action is beginning to show early signs of base formation as bulls try to defend this area and slow the broader decline. While the short-term structure hints at a possible recovery attempt, a stronger shift in momentum will likely require a decisive push toward higher resistance levels. Solana Shows Early Signs Of Stabilization Near Key Zone In a recent technical brief, MakroVision Research highlighted that Solana is beginning to display early signs of stabilization following its recent period of weakness. While the broader market structure remains under pressure, current price behavior suggests selling momentum may be slowing, allowing the market to attempt a short-term recovery phase. Related Reading: Top Analyst Suggests Solana May Surpass XRP In Market Value: Here’s Why And When According to the analysis, Solana is presently consolidating just above the $85 level, a price zone that carries significant short-term importance. At the same time, the chart is forming a slightly rising structure characterized by gradually higher lows. As this pattern develops, the price is once again approaching the upper boundary of the formation, suggesting that market participants are testing whether enough momentum exists to push the price higher. Despite these constructive short-term developments, the broader trend remains bearish. Solana is still trading clearly below the descending red trendline, which continues to confirm the prevailing downtrend. $100 Trendline Break Could Signal Bullish Shift The analyst further stressed that a clear breakout above the descending red trendline around the $100 level would represent the first meaningful bullish signal for Solana in the current market structure. This suggests that buyers are beginning to regain control, potentially opening the door for a stronger recovery and a shift in short-term momentum. Related Reading: Solana’s Next Major Support Levels Sit At $50, $22, And $10: Analyst On the other hand, the outlook remains cautious as long as the price continues to trade below that key trendline resistance. If Solana approaches the $100 area but faces another strong rejection, it would reinforce the idea that the broader downtrend remains firmly intact. In the near term, Solana appears to be stabilizing after its recent decline and is attempting to build a potential base structure. The emergence of gradually rising lows suggests that buyers are starting to defend current levels, which could provide a foundation for a possible upward move if momentum improves. For the bullish scenario to gain traction, holding the $85 support level remains crucial. As long as this zone continues to act as a floor, the market retains the possibility of pushing higher. A sustained reclaim of the $100 level would be the real turning point to improving the overall technical outlook, while repeated rejections would confirm the existing downtrend. Featured image from iStock, chart from Tradingview.com
Pump.fun tops $1 billion in revenue as domain records reveal Ethereum, Base, BSC, and Monad subdomains amid potential cross-chain expansion.
A Bonk operator said hackers set up a faulty terms-of-service message, but noted that losses from the security breach were minimal.
Daniel Cheung, co-founder of Syncracy Capital, says Hyperliquid’s native token HYPE is beginning to resemble Solana’s setup before its last major run, arguing that the protocol has become the clearest center of real trading activity in crypto. In a series of posts on X over the past month, Cheung laid out an increasingly aggressive thesis: Hyperliquid is not just outperforming within crypto, but could emerge as a broader financial trading platform with appeal beyond the sector. Cheung’s most direct comparison came this week. “HYPE at $35 feels similar to SOL at $20 before its last cycle rally,” he wrote, framing Hyperliquid as an early-stage winner before a broader market expansion. He tied that view to what he sees as the protocol’s current market position: “Hyperliquid is currently the main chain where trading activity is happening and the only chain bringing new users into crypto right now given its offering around 24/7 markets.” Related Reading: Arthur Hayes Predicts Hyperliquid’s HYPE Is Headed To $150 By August 2026 What Cheung appears to be invoking is Solana’s move from a battered late-2022 asset into one of the cycle’s biggest winners. After trading around $8 at the end of 2022 and still hovering near $23 in September 2023, SOL eventually climbed to a fresh all-time high of $295.83 in mid-January 2025. From a $20 reference point, that would imply a rally of roughly 1,379%. That argument is notable because it does not rest primarily on meme-driven activity, which has often powered attention cycles elsewhere. Cheung said Hyperliquid is “gaining significantly more media attention and respect” because its use cases are “centered around much more than dogshit memes.” In his telling, that gives the project a stronger foundation if speculative conditions improve again. Across several posts, Cheung repeatedly described Hyperliquid less as a single-app crypto trade and more as a category-defining trading venue. On Feb. 28, he wrote, “Becoming more clear by the day that Hyperliquid is the financial trading platform of the future and that generational wealth will be made longing this coin. Think this has a chance to flip Robinhood, Interactive Brokers etc… Hyperliquid is out innovating peers.” Related Reading: Apollo Crypto Explains Why Hyperliquid Is Its Top Altcoin Holding That is a large claim, and Cheung presented it as a product and market-structure thesis rather than a short-term price call alone. His view appears to hinge on two linked assumptions: first, that perpetual futures become a much larger category than the market currently prices in, and second, that Hyperliquid captures a disproportionate share of that expansion because it is already where users are trading. He made that point more explicitly on Feb. 12, when he said investors were missing “two things” in the current market. The first was that “HYPE is the most exciting startup not in AI and will eventually flip COIN and HOOD.” The second was that “the perps category will be bigger than anyone expects,” adding that another asset, LIT, looked deeply undervalued relative to HYPE on a fee basis. Cheung’s posts also make clear that timing matters. On March 9, he said “HYPE to $120+” would be “pretty easy once the crypto bull market comes back,” before adding: “We are close.” That suggests his target is not based on Hyperliquid operating in isolation, but on the idea that a renewed bull phase would amplify an already strong relative position. Notably, BitMEX founder Arthur Hayes recently argued that HYPE could reach $150 until August this year. At press time, HYPE traded at $36.16. Featured image created with DALL.E, chart from TradingView.com
Institutional investors are beginning to pull capital out of XRP after a month of steady inflows, raising new questions about whether confidence in the digital asset is weakening. Lately, XRP has experienced significant volatility, sending its price crashing below $1.4. If this downtrend continues alongside capital outflows, it would not be surprising if market participants begin to wonder whether now may be the right time to sell their bags to avoid deeper losses. XRP Records Outflows As Other Digital Assets Attract Capital XRP currently stands apart from the rest of the crypto market, and not in a good way. According to a CoinShares digital asset fund flows weekly report, XRP recorded substantial outflows of $30.3 million last week. The decline stands in contrast to the broader digital asset investment market, which continued to attract new money during the same period. Related Reading: Buying XRP At These Prices Is Like Buying Bitcoin At $200 Across all digital asset investment products, CoinShares reports that total inflows had jumped to $619 million. Early in the week, the market also showed strong demand, with $1.44 billion flowing into crypto funds during the first three days. However, the trend reversed toward the end of the week, with investors withdrawing $829 million on Thursday and Friday. According to CoinShares analysts, the negative shift in sentiment came as oil prices rose, complicating inflation expectations. This occurred even though US payroll data came in weaker than expected, a development that would normally support risk assets like cryptocurrencies, but failed to do so. Investors Become More Selective About Crypto Despite the late-week reversal, the total inflows show that institutional interest in digital assets has remained relatively strong, especially amid ongoing geopolitical tensions involving the US, Israel, and Iran. Still, the distribution of those flows shows that investors are becoming more selective about capital allocation, with XRP notably absent from the list of assets attracting new institutional money. Related Reading: XRP Starts New Week With Bullish Confirmation, But This Level Is A Problem Instead, funds are concentrated on larger assets such as Bitcoin, Ethereum, and Solana, leaving XRP outside the current focus of institutional demand. CoinShares reports that Bitcoin attracted the vast majority of new capital, with $521 million flowing into related investment products. At the same time, $11.4 million moved into short Bitcoin products, reflecting a divided outlook among investors. Notably, Ethereum recorded $88.5 million in inflows, while Solana brought in $14.6 million. Smaller allocations were also directed toward Uniswap and Chainlink. Against this backdrop, XRP was the only major digital asset to experience significant outflows. The recent withdrawals could signal that institutions are rotating capital from XRP into assets with stronger narratives or higher expected returns. For investors, this shift could raise questions about whether it is time to sell. Although institutional outflows do not automatically signal a price decline, they can indicate weakening confidence among large investors. If these outflows continue in the coming weeks, it could be a sign of caution ahead. Featured image from Pxfuel, chart from Tradingview.com
Solana (SOL), currently the seventh-largest cryptocurrency by market cap—trailing behind Bitcoin (BTC), Ethereum (ETH), USDT, Binance Coin (BNB), XRP, and USDC—may be on the path of surpassing its closest competitor, XRP. This potential shift is largely attributable to the intensifying infrastructure race between the two projects, as highlighted by market analyst Alex Carchidi from The Motley Fool in a Tuesday report. The Race For Tokenization Capital While XRP holds a larger market cap of approximately $87 billion compared to Solana’s $50 billion at the time of writing, both assets are vying to become the backbone for the tokenization of real-world assets (RWAs), such as stocks and commodities converted for trading on blockchains. Carchidi notes that Solana’s strengths lie in its speed and cost-effectiveness, making it particularly suited for managing tokenized assets that require rapid movement at scale—like stocks, bonds, and commodity contracts. The Solana platform currently has around $272 million in tokenized stocks circulating within its ecosystem, marking a 14% increase over the 30-day period that ended on March 5. Related Reading: What’s Fueling Hyperliquid’s Surge? HYPE Outperforms Top 100 Cryptos In Latest Rally Predictions suggest the total market value of tokenized stocks could climb to over $38 billion by 2035, up from about $1 billion today, indicating a substantial growth area ripe for competition. The argument for Solana’s potential to overtake XRP hinges on its aspiration to become the central hub for trading equities, exchange-traded funds (ETFs), and institutional funds around the clock—all at minimal costs. Carchidi asserts that Solana doesn’t necessarily need to capture 100% of the tokenized assets market to see significant price appreciation. Its current market cap is already so close to that of XRP’s that even a modest gain at XRP’s expense could tip the scales in Solana’s favor. Carchidi acknowledges that Solana may indeed flip XRP. However, the path for SOL to surpass XRP is not without challenges. XRP’s Edge Against Solana At present, the XRP Ledger (XRPL) holds approximately $453 million in tokenized assets specifically available for trading, rather than just for record keeping. The stablecoin base on XRPL is currently around $432 million. A substantial portion of XRP’s tradeable tokenized assets comprises US Treasury bills and government bonds valued at about $294 million. On the surface, this setup may not seem to threaten Solana’s growth trajectory. Yet, the analyst contends that XRP has its own advantages. Known for its speed and low transaction costs, XRP also benefits from a robust compliance infrastructure that is integrated into its blockchain. Related Reading: BitMine Acquires 60,000 ETH; Chair Discusses Outlook For Ethereum And Crypto Prices This allows financial institutions looking to tokenize assets—such as bonds, stocks, or securities—to avoid the time-consuming process of developing a compliance framework from scratch. As a result, XRP may attract more capital inflows related to tokenization over the next few years. Despite these challenges, the analyst believes that Solana would eventually outperform XRP in terms of valuation, possibly in 2030 and beyond, owing to its plans for a larger ecosystem. At the time of writing, Solana was trading at roughly $88.48, up 2.7% in the previous 24 hours. XRP, on the other hand, has surpassed SOL’s growth over the same period, with gains approaching 5% and the token trading at $1.43. Featured image from OpenArt, chart from TradingView.com
Solana failed to settle above $90 and trimmed some gains. SOL price is now consolidating above $85 and showing a few bearish signs. SOL price started a decent recovery wave above $82 and $85 against the US Dollar. The price is now trading above $85 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $85.50 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 $90. Solana Price Attempts Recovery Solana price remained stable and started a decent recovery wave above $82, like Bitcoin and Ethereum. SOL was able to climb above the $85 level. There was a move above the 50% Fib retracement level of the downward move from the $94.10 swing high to the $80.29 low. Besides, there was a break above a key bearish trend line with resistance at $85.50 on the hourly chart of the SOL/USD pair. However, the bears are active near $88.80 and the 61.8% Fib retracement level of the downward move from the $94.10 swing high to the $80.29 low. Solana is now trading above $85 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $87.20 level. The next major resistance is near the $88.80 level. The main resistance could be $90. A successful close above the $90 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 $88.80 resistance, it could continue to move down. Initial support on the downside is near the $84.50 zone. The first major support is near the $82.50 level. A break below the $82.50 level might send the price toward the $80 support zone. If there is a close below the $80 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 bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $84.50 and $82.50. Major Resistance Levels – $88.80 and $90.
The company also intends to wind down two soccer teams from its sports portfolio to focus on Solana treasury and infrastructure strategy.
While large institutional flows dominate total stablecoin volume, small-value transfers make up most stablecoin transactions on BNB Chain, which has eclipsed other blockchains by transaction count and has become one of the leaders in the sector. Related Reading: Dogecoin Risks More Pain As Price Retests Critical Support – Analyst Warns Of 37% Breakdown BNB Chain Tops Global Stablecoin Transactions By Count As stablecoin activity continues to grow, BNB Chain has emerged as one of the leading networks in the sector, positioning itself ahead of competitors like Ethereum, Tron, and Solana in transaction share, especially for smaller-value transfers predominant in emerging markets and retail use. Recent data shows that BNB Chain is leading the stablecoin sector by transaction count, handling roughly 40% of global transactions while only holding 5% of the total stablecoin supply. This figure illustrates the high transaction velocity achieved through its low fees and faster block times, facilitated by recent upgrades, and active DeFi protocols like PancakeSwap and Venus. On-chain data platform Dune also revealed that BNB Chain is currently leading in monthly unique stablecoin senders among all blockchains. The data shows that the network saw 15.1 million unique senders in February alone, surpassing Tron’s 8.8 million, Ethereum’s 5.4 million, Solana’s 4.8 million, Arbitrum’s 2.5 million, and base’s 2.1 million. This signals that, in terms of everyday stablecoin activity like trading, payments, and remittances, BNB Chain is currently the most active network for users. While Ethereum remains the dominant chain for stablecoins, the BNB chain leads in annual stablecoin growth, as reported by NewsBTC, with the BNB Smart Chain (BSC) soaring 133% Year-over-Year (YoY). In addition, it doubled its stablecoin market capitalization to $14 billion at its 2025 peak, also recording the highest daily active users across blockchains. Recently, it also recorded $21.7 billion in stablecoin transfers in a single day, marking a yearly peak. ‘The Normies’ Lead Stablecoin Transactions Growth Forbes recently highlighted the key role of fiat-pegged tokens in crisis economies, affirming that stablecoins have subtly become parallel currencies in emerging nations where local currencies are not a reliable store of value. The Orbital Stablecoin Premium/Discount Index for Q4 2025, cited by Forbes, shows the gap between what people pay for digital dollars and what they should cost, with regions such as the Middle East and North Africa averaging a 16.35% buy premium. Small stablecoin transactions under $10,000 grew exponentially in 2025, going from 316 million to 3.2 billion. “Most of that growth came from emerging markets, where a less-than-$0.05 transaction fee on chains like BNB Chain or Polygon costs less than the bus fare to the nearest bank,” the news media outlet detailed. Notably, 82% of stablecoin transfers are under $1,000 on the BNB Chain, while 99% of them are below $10,000, with an average transaction cost of $0.050. According to the report, two-thirds of merchant stablecoin payments come from exchange accounts, and more than 50% of crypto users in emerging markets entered through Binance or OKX. Related Reading: Bitcoin Stabilizes, But Glassnode Warns Spot Demand Is Still Weak Nina, BNB Chain’s Director of Growth, told Forbes that the chain’s substantial transaction volume relative to its smaller share of total value accurately reflects its user base: “The normies.” “Our audiences are not necessarily all occupied institutions, but a lot of micro payments and retail users,” she explained. Featured Image from Unsplash.com, Chart from TradingView.com
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.