Solana is displaying signs of strength as it trades with a key chart pattern, which indicates that the altcoin is preparing for a solid move. The price has been holding steady, forming lower highs and higher lows within a narrowing range. This pause in momentum could be setting the stage for another breakout. Key Resistance Levels In Focus As Breakout Approaches Solana has developed a bullish flag pattern on the daily chart, signaling a continuation of its uptrend. According to Dynamite Trader’s post on X, this pattern often precedes strong breakouts, suggesting that momentum could soon accelerate. Related Reading: Solana (SOL) Breakout Watch: Price Could Rally Hard Above $150 Level? Currently, SOL’s price is holding above the midline of the flag, indicating underlying strength. However, it’s also testing the daily 100 moving average (MA100), which is acting as a dynamic resistance. SOL’s reaction to this level will be crucial in determining whether the bullish flag leads to a decisive breakout or a deeper consolidation. Another analyst, Henry, highlighted that Solana is gearing up for a big move after completing a clean Cup and Handle breakout on the 4-hour chart, a bullish pattern that signals continuation. The breakout saw SOL flip the $149 resistance into support, a key technical shift. If this level holds, Henry sees a rally toward the $168 to $174 zone, which aligns with previous resistance levels and bullish extension targets. He adds a warning that volatility is increasing, and high-leverage positions are at risk on both sides. Solana is setting up a clean wedge on the weekly chart. Currently trading at $150, SOL has been consistently bouncing between support and resistance levels, which is known for building pressure before delivering sharp moves. Talking about this, Top G emphasizes that if this plays out as expected, the next leg up could be significant, and $300 isn’t just speculation; it’s a realistic target based on the structure and behavior. Holding Above The Breakout Zone Could Accelerate The Move Upward Solana has broken above the downtrend line on the 4-hour chart. This move could mark a pivotal shift in short-term momentum, with potential bullish continuation if current levels hold. Related Reading: Solana Price At ‘A Very Delicate Level’ – Analyst Says $148 Reclaim Is Key If SOL maintains its position above this trend line, crypto analyst Bens BTC noted that the price could climb toward the next resistance area at $165. The price action is forming a bullish structure, and momentum indicators may soon align with the breakout, further supporting the continuation of the upside. The asset had broken out with strong momentum and is now trading firmly within a long-term bullish channel, a structure that has supported uptrends. The price action looks clean, with higher highs and higher lows forming as SOL surges upward. Furthermore, analyst Persis10t revealed that momentum is picking up, and as long as the channel remains intact, the path forward could be explosive. If the structure holds and attracts volume, Persis10t projects a target of $700+ in the next run, pointing to the upper boundary of the bullish channel as a magnet for price. Featured image from iStock Images, chart from tradingview.com
Tokenization of equities is gaining steam, with several crypto exchanges moving towards offering on-chain stock trading on their platforms.
As the crypto market looks toward a recovery and the likes of Solana make their way out of losses, a crypto trader has called out one meme coin that could be a great play as the SOL price recovers. The BONK meme coin, currently the largest meme coin in the Solana ecosystem and billed for triggering the revival of the blockchain, continues to receive a lot of support as a meme coin that could outperform as the market ushers in the next altcoin season. Solana’s BONK Meme Coin Is The Play Crypto analyst and trader Unipcs became popular in crypto circles on the social media platform X (formerly Twitter) after turning $16,000 into more than $10 million with a long BONK trade. Despite making what many have referred to as a life-changing trade, the trader has refused to close this trade, with the expectation that the meme coin will continue to rise. Related Reading: TD Sequential Flashes Buy: Dogecoin Ready For Rebound To $0.21 In a recent post, Unipcs has once again reiterated his support for the BONK meme coin and why he believes it’s a great play to be involved in. The post mainly points to bullish developments surrounding the Solana ecosystem and why BONK could be a way to maximize gains as the Solana price rallies. The first bullish development the crypto analyst points to is the fact that a Solana ETF is expected to hit the market soon. When this happens, the Solana price is expected to recover in response, possibly rising toward new all-time highs, something that would translate into more bullishness for meme coins domiciled on the blockchain. As for BONK, Unipcs explained that the meme coin acts as a 3X leveraged bet on the Solana price. This is because historically, the BONK price has often risen 3X higher than any gains that Solana puts in. Its highly volatile nature as a meme coin also contributes to this, as it is prone to rapid bursts of rising prices, the same way it is prone to quick crashes. Related Reading: Bitcoin Price At $110,000: Why BTC Must Break Out Of This Wedge Furthermore, the expectations of a Solana ETF being approved by the Securities and Exchange Commission (SEC) are not the only thing propelling the bullishness of BONK. BONK, itself, also has a pending ETF filing with the commission, and the approval of a Solana ETF increases the likelihood of a BONK ETF approval, giving the meme coin even more fuel to rally. Given these bullish factors, the crypto analyst believes that being in BONK could be a good play, especially as the price remains 75% below its all-time high. “Ff we do get Solana season soon, you do not want to be underexposed to BONK,” Unipcs said in closing. Featured image from Dall.E, chart from TradingView.com
Micro futures enable traders to speculate on price movements with lower capital requirements and reduced risk compared to standard futures.
The Nasdaq-listed firm has tapped Superstate's equity tokenization tool to make its shares available on the blockchain.
Upexi also disclosed that it maintains 735,692 SOL holdings, valued at around $105 million at current prices.
Despite recovering from the weekend retrace, Solana (SOL) is trading between two levels that could make or break the altcoin’s rally. Nonetheless, some analysts suggest that the cryptocurrency could be gearing up for a massive breakout beyond the local highs. Related Reading: Injective Prepares For Bullish Reversal Amid 25% Recovery – Analyst Forecasts Massive Breakout Solana Sits At Decisive Level On Wednesday, Solana fell to the $143 mark after failing to reclaim a crucial area lost over a week ago. Following the May breakout, the cryptocurrency hovered between the $148-$184 price range, hitting a four-month high of $187 at the end of last month. However, the June market pullback saw SOL lose its range and move toward the $144-$148 levels. This area was briefly lost during the weekend retrace, with Solana falling to the $125 support level before recovering. Over the past three days, the altcoin has surged nearly 15%, touching the $148 barrier on Wednesday morning, which has been one of the key levels since May. After recovering from the recent drop, SOL has attempted to reclaim this level, but was rejected once again. Analyst Sjuul from AltCryptoGems highlighted that Solana “just completed a very nice V-shaped recovery from the low,” but noted that the cryptocurrency is at a “very delicate level” as it trades within the $144-$148 zone. He suggested that investors should pay attention to this area, as a reclaim of the $148 resistance could propel the price to a “quick move to the upside.” On the contrary, rejection from this level and losing the $144 range low could signal that the recent price action was a bearish retest. Analyst Man of Bitcoin affirmed that a “sustained break above the resistance zone would be the first signal that the chart has formed a low. He detailed that a confirmed break above the $148 resistance would support the case for a reversal. Nonetheless, he warned that a potential scenario “with one more low in wave-5.” SOL Ready For A Rally Continuation? As price hovers between the $143-$144 levels, market watcher Altcoin Hunter considers that SOL is “dancing with the devil.” He pointed out that the cryptocurrency has been trading within a one-month falling wedge, with the $148-$150 rejection zone “coming in HOT.” Per the post, failing to break out will send Solana “back to the shadow realm,” but “given how easily market sentiment shot up, Valhalla is likely.” Meanwhile, trader Rose Premium Signals stated that the cryptocurrency is “preparing for a strong breakout” from its one-month falling wedge pattern. Related Reading: Cardano Headed For $0.32 If This Level Isn’t Reclaimed – Is ADA’s Rally Over? The market watcher that Solana bounced from the crucial $125-$130 demand zone, which is in confluence with the 0.618 Fib level. Notably, the altcoin held above this area on the weekly timeframe despite the pullback. According to the trader, a breakout from the formation could trigger a “sharp move upward” toward the initial $204 target, potentially followed by a surge toward the $229 and $258 areas. As of this writing, Solana is trading at $143, a 1.3% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Bitcoin reclaimed $107,000 as retail and institutional flows return, with Powell’s rate-cut hints and risk-on sentiment lifting crypto markets.
SOL briefly jumped above $147 as volume doubled intraday, but the rally stalled below key resistance and has since reversed below the $145 mark.
Crypto majors recover alongside equities as ceasefire steadies risk sentiment, with analysts citing ETF flows and Fed pivot hopes as upside drivers.
Solana started a fresh increase from the $125 zone. SOL price is now consolidating gains and aims for more gains above the $150 level. SOL price started a fresh increase above the $132 zone against the US Dollar. The price is now trading above $142 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $142 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $150 resistance zone. Solana Price Aims For More Gains Solana price remained supported above $125 and started a fresh increase, like Bitcoin and Ethereum. SOL gained pace and traded above the $132 resistance level. The bulls pushed the price above the $142 and $145 levels. They are now facing hurdles near $148 and $150. A high was formed at $147 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $126 swing low to the $147 swing high. Solana is now trading above $142 and the 100-hourly simple moving average. There is also a key bullish trend line forming with support at $142 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near the $148 level. The next major resistance is near the $150 level. The main resistance could be $155. A successful close above the $155 resistance zone could set the pace for another steady increase. The next key resistance is $160. Any more gains might send the price toward the $165 level. Another Decline in SOL? If SOL fails to rise above the $150 resistance, it could start another decline. Initial support on the downside is near the $142 zone. The first major support is near the $136 level or the 50% Fib retracement level of the upward move from the $126 swing low to the $147 swing high. A break below the $136 level might send the price toward the $130 zone. If there is a close below the $130 support, the price could decline toward the $125 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 – $142 and $136. Major Resistance Levels – $148 and $150.
SOL rallied above $145 with strong intraday volume after CME futures hit an all-time high and buyers responded to improving risk sentiment across crypto markets.
DeFi Dev Corp and the Dogwifhat community will split staking income and other validator rewards after deducting operational expenses.
Upexi plunged 60% after investors moved to unload 43.85 million shares, which it sold in April to finance Solana purchases for its treasury.
Crypto markets bounced back in early Asian trading hours on June 24, sparked by US President Donald Trump’s announcement that a ceasefire had been reached between Israel and Iran. On June 24, Trump posted on Truth Social: “CONGRATULATIONS TO EVERYONE! It has been fully agreed by and between Israel and Iran that there will be […]
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Crypto markets bounce back after Trump’s surprise ceasefire announcement cools geopolitical tensions; traders eye altcoin rotation as weekend liquidations subside.
Kronos Research CIO Vincent Liu said traders are now watching macro signals to see whether this rally would last long-term.
The company has claimed the bragging rights of becoming the first U.S.-listed crypto treasury firm with on-chain equity in Kraken’s xStocks launch.
The Fortune 500 fintech provider plans to roll out its digital asset platform with U.S. dollar stablecoin FIUSD to 10,000 institutions and 6 million merchants.
Kazakhstan has officially launched Central Asia’s first Solana Economic Zone (SEZ), marking a major step toward its ambition to become a regional crypto and blockchain hub. The new zone was introduced during the 2025 International Forum in Kazakhstan and follows through on the country’s Memorandum of Understanding (MOU) with the Solana Foundation, the non-profit organization […]
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Solana sank to $128.82 on heavy volume after a sharp sell-off triggered by confirmed U.S. military action against Iran.
Solana has broken down decisively, losing a critical support level following news that the United States launched an attack on Iranian nuclear facilities. The unexpected geopolitical development triggered widespread panic across financial markets, with altcoins taking the hardest hit. Solana, in particular, has seen significant selling pressure, dropping 20% from its May high of approximately $185 and now trading near $148. Related Reading: Ethereum Charts Signal Potential Bottom – All Eyes On Next Move This breakdown confirms investor concerns that SOL’s uptrend has weakened. Top analyst Carl Runefelt noted that Solana has completed a Head and Shoulders pattern—a bearish technical structure often signaling deeper downside. The price has broken below the neckline of this pattern, confirming the potential for continued declines in the short term. Adding to the bearish outlook is Solana’s inability to reclaim its prior support levels during brief bounces. With momentum indicators turning negative and broader market sentiment rattled, the likelihood of a swift recovery appears slim unless macro conditions stabilize. Solana Faces Deeper Correction As Bearish Pattern Unfolds Solana’s bullish momentum from late 2024 has all but faded, replaced by stagnation and sharp corrections as market conditions worsen. Now trading more than 50% below its all-time high, SOL continues to struggle under the weight of global macroeconomic uncertainty and rising geopolitical tensions. The US military strike on Iranian nuclear facilities has only added to the volatility, sending shockwaves through both traditional and crypto markets. While Solana was one of the strongest performers during the previous cycle, its price action has turned decisively bearish in recent weeks. Bulls have failed to maintain critical support levels, and the asset has now broken below its short-term trend structures. According to Runefelt, Solana has completed a Head and Shoulders pattern, a classic technical signal that often precedes a prolonged downtrend. The pattern’s neckline has been breached, and the projected bearish target now stands around $106.30—a level not seen since February. The breakdown also reflects broader weakness in the altcoin market. Despite earlier hopes for an altseason, capital has rotated out of risk assets, favoring Bitcoin and stablecoins amid uncertainty. Solana’s inability to reclaim prior highs or establish higher lows points to a market in retreat. Momentum indicators continue to flash red, and unless bulls reclaim lost ground quickly, SOL could be facing an extended period of consolidation or further losses. Related Reading: Tron Energy Usage Surges 108% – Smart Contract Activity Accelerates SOL Price Analysis: Breaking Below Key Support Solana is under pressure as it breaks below the critical 200-day simple moving average (SMA) around $149.54, a level that had previously acted as dynamic support. This breakdown signals growing bearish sentiment as price action confirms a loss of momentum following weeks of consolidation below the $155–$160 resistance zone. As of now, SOL is trading at approximately $135.99, down nearly 3% on the day and over 20% from its May highs. The chart shows a rejection near the 100-day SMA (green line), and the sustained move below both the 200-day and 50-day SMAs (blue line) points to a shifting structure, leaning heavily toward the downside. Volume remains elevated on red candles, confirming that the breakdown is supported by increasing sell pressure rather than a low-liquidity move. Related Reading: Ethereum Prepares For A Decisive Move: ETH/BTC Setup Could Trigger Altseason If the current trend continues, Solana could revisit the $120–$125 range, which previously served as strong support in early Q1 2025. The broader context of macroeconomic volatility and geopolitical tension, particularly the recent U.S. attack on Iran, adds to investor unease across risk assets, including altcoins like Solana. A daily close back above $149 would be needed to neutralize the short-term bearish structure and shift sentiment. Until then, downside risks dominate. Featured image from Dall-E, chart from TradingView
Pump.fun’s latest delay has rattled its backers. The Solana‐based memecoin launchpad was set to raise $1 billion at a $4 billion valuation on June 25. Now, the team says the sale will slip into mid‑July. Related Reading: Dogecoin Breaks Free—Could Soar 60%, Analyst Says There’s no clear reason for the hold‑up, and users are on edge. Investors who queued up months ago are left wondering if they’ll ever see a token in their wallets. Token Sale Pushed Into Mid‑July According to reports on June 20, Pump.fun first hinted at raising $1 billion at a $4 billion valuation. The sale was supposed to start on June 25. Instead, the launchpad now aims for mid‑July. That’s at least a 10‑day shift, and possibly longer. Users who planned around the June date have to sit tight again. Frustration is growing in online chat groups, where some members point fingers at the core team for poor communication. Exclusive: The Pumpfun token auction and listing, originally scheduled for June 25, has been postponed again and is now expected to take place in mid-July. Sources familiar with the matter disclosed that since Pumpfun began planning to issue and auction tokens late last year,… pic.twitter.com/UD0xIb45FA — Wu Blockchain (@WuBlockchain) June 20, 2025 Lawsuit Accuses Platform Of Securities Violations On January 15, Burwick Law filed a class action lawsuit against Pump.fun. The complaint alleges the platform acted as an unregistered securities exchange. It also claims that Pump.fun pumped token prices to lure in retail investors. According to the complaint, many users saw their holdings plunge in value after the hype died down. Max Burwick, the firm’s founder, called the platform “a modern pyramid scheme dressed as a viral meme economy.” Trademark Claims Lead To Cease‑And‑Desist Based on reports from February, Burwick Law teamed up with Wolf Popper LLP to issue a cease‑and‑desist order. They argue that several user‑generated memecoins on Pump.fun infringe on trademark rights. That move opened another front of legal risk. Projects tied to big brands or franchises suddenly faced takedown notices. Pump.fun says it’s beefed up its legal team, but it hasn’t shared details on how it plans to settle trademark disputes. IT’S NOT JUST PUMP FUN! ???? Major CT suspensions (Ongoing Tracker) Here’s what we’ve got so far ???????? GMGN-Linked Accounts@gmgnai @haze0x — Founder@arthur_gmgn — Co-founder@Ga__ke — Affiliate (?)@brc20niubi — Affiliate@Wolfy_XBT — Affiliate@0xcryptowizard — Affiliate… pic.twitter.com/u5WbYP3rJD — Øtto⚡️ (@0xottoman) June 16, 2025 X Account Suspensions Raise Eyebrows On June 16, Pump.fun’s official X accounts were locked without warning. An X user known as Otto logged more than 30 profiles that went dark, including handles linked to GMGN and Bloom trading groups. The accounts came back online after a few days, but no one got an explanation. Related Reading: Bitcoin Nears Climax, But A Twist Awaits—Analyst Reveals Key Insight Some users suspect a regulator asked for the takedown. Others think it was trademark owners flexing their muscles. Either way, the episode fed more chatter about external pressure on the platform. Featured image from Pexels, chart from TradingView
SOL dipped 5% before stabilizing at $140, with technical indicators pointing to a potential upside breakout if resistance is cleared.
Of all pending crypto ETFs before the U.S. markets regulator, only SUI faces less than a 90% chance of approval.
Solana is currently testing a critical demand zone near the $150 level after enduring weeks of persistent selling pressure and a broader shift in market sentiment. The asset is now trading roughly 20% below its May high of $185, with recent attempts at recovery facing strong resistance. Despite holding above major support for now, the overall structure suggests that downside risk remains if market conditions don’t improve soon. Related Reading: Ethereum Analyst Eyes High Timeframe Close – Range Break Above $2,800 Could Be Violent Top analyst Efloud shared a technical analysis on X, highlighting the importance of tracking Solana’s response to broader Bitcoin dynamics. He noted that if Bitcoin (BTC) continues to consolidate sideways while Bitcoin dominance (BTC.D) rises, altcoins like SOL may struggle. In that case, Solana could continue retracing to find stronger support at mid-zones, particularly around the $123 and $116 levels. These price zones have previously acted as solid support/resistance areas and could serve as key inflection points should bearish momentum persist. A breakdown toward these targets would likely coincide with increasing BTC.D and continued investor caution in the altcoin market. Until then, SOL remains vulnerable within a fragile technical structure, and traders will closely watch for either a rebound or deeper correction in the coming days. Solana Holds Key Support As Analysts Eye Bullish Scenarios Solana is currently trading about 50% down from its all-time highs, with the explosive momentum seen at the end of 2024 now replaced by more subdued price action. The asset’s underperformance has left investors cautious, but many analysts remain optimistic about Solana’s potential once a new altcoin rally begins. For now, the focus is on holding critical demand zones that could determine whether SOL is gearing up for a recovery or further downside. According to Efloud, if Bitcoin continues consolidating sideways while Bitcoin dominance rises, Solana may find support at several mid-zones, particularly around $123 and $116. The $140 region has historically acted as a strong support/resistance flip, and a deviation around this level—losing it briefly before regaining it with strength—could present a short-term buying opportunity. Efloud notes that this scenario doesn’t necessarily imply that SOL must drop to those levels, but current market conditions—aside from Bitcoin—lack strong pair structures. If SOL can decisively break above the $168 resistance, a new leg upward could be triggered, with $230 potentially acting as the next major resistance zone. On the SOL/BTC pair, Efloud is watching for a reclaim of the 0.0015 level or a pullback toward 0.00115 for confirmation. Another key support sits at 0.000988 sats. Despite the current cooling, the structure may still offer solid opportunities for new entrants. If these levels hold and macro conditions improve, SOL could be setting the stage for a sustainable rally, ultimately leading to new all-time highs. Related Reading: Ethereum Mirrors Bitcoin 2017-2021 Pattern – $4,000 Is The Trigger Point Weekly Chart Analysis – Holding the Line Near Key Support Solana is currently trading at $148.33 on the weekly timeframe, showing a 3% decline over the past seven days. The price has dropped roughly 20% from its May high of around $185 and is now testing the critical $140–$150 support zone. This level has repeatedly acted as a pivot point in the past and could define SOL’s short-term trajectory. The chart shows that Solana has been unable to reclaim the 50-week moving average (currently near $170), which now acts as key resistance. A decisive weekly close above this level would open the door for a bullish continuation toward $185 and possibly $200. However, failure to hold above the 100-week moving average around $132 could lead to further downside pressure, with $123 and $116 as the next demand zones to watch—levels identified by analyst Efloud in his mid-zone scenario. Related Reading: Bitcoin Consolidates as Realized Profits Stay Low – No Signs Of Major Sell-Off Yet Volume has declined steadily over the past three weeks, signaling reduced participation, but also suggesting that aggressive selling is fading. If bulls manage to reclaim $160 with conviction, the structure remains favorable. For now, SOL remains in a consolidation phase, awaiting either a breakout or further correction as broader crypto market conditions unfold. Featured image from Dall-E, chart from TradingView
JUP prices remained stable after the announcement, up marginally over the past 24 hours.
The debate between Cardano and Solana is being widely discussed, especially after a sharp remark from Solana’s founder about Cardano’s treasury proposal. Which project has a stronger upside heading into 2026? Recently, Cardano founder Charles Hoskinson proposed putting 5–10% of Cardano’s $1.2B treasury into Bitcoin and stablecoins to generate yield and grow the treasury over …
Amid the geopolitical turmoil, Solana (SOL) has retraced 10% in the past week. Some analysts believe that the altcoin’s correction is about to end, but warned that a dip below a key support level might come first. Related Reading: SUI Preparing For New Highs As Falling Wedge Breakout Targets $5 Solana Eyes Key Retest Before Breakout After retesting the $168 resistance last Wednesday, Solana has fallen back to a key level fueled by the recent market pullback. The cryptocurrency has seen a 15% retracement from its monthly highs, trading around the $140 zone for the past three days. SOL has been hovering between the $145-$180 price range since its May breakout, falling to the range lows during the June market shakeouts. Since then, the altcoin has struggled to reclaim the $160-$170 mid-zone. Nonetheless, market watcher Lluciano considers that Solana “may dip a bit more, but the ultimate target is seriously huge.” The analyst highlighted SOL’s performance since April, noting that it ended its multi-month downtrend after breaking above its descending resistance at the end of March. After this price action, SOL retested the $100-$120 demand zone before breaking out to its current range in the following weeks. Now, the altcoin’s chart displays a one-month falling wedge pattern, with the upper boundary sitting around the $155-$160 area. To the analyst, a breakout from this pattern could send the cryptocurrency toward May’s $187 high resistance before propelling the price to retest the $240 mark. Similarly, trader Rose noted that SOL has been consolidating above the key $145 resistance and 50-day Moving Average (MA), signaling a potential breakout. “If confirmed, the price could rise toward targets at $165, $183, and $220,” they suggested. SOL To Underperform In Coming Months? Market watcher Crypto Bullet suggested that Solana’s correction is coming to an end. The analyst forecasted that SOL could soon lose its current range and retest the April consolidation range, around the $125-$135 area, to complete the correction. This would be followed by a bounce back into the current range before surging past the $200 barrier toward the $220-$250 targets, for “one more wave up” this cycle. Meanwhile, Altcoin Sherpa affirmed Solana won’t outperform like it did during the first half of the cycle. According to the analyst, the cryptocurrency won’t outperform Bitcoin (BTC) on any long-term timeframe “other than a few blips here and there.” Related Reading: Bitcoin Setting Up For ‘Large Move’ Amid $103,000 Retest – Key Levels To Watch He explained that the cycle’s leading altcoin isn’t “dead,” but that he doesn’t “see it having a run like it did in 2021/2024.” Notably, SOL is currently retesting its late November 2023 support levels against BTC, which previously sent it to yearly lows after failing to hold them. Altcoin Sherpa concluded that Solana will likely continue to climb against its USDT pair but continue to bleed in its SOL/BTC chart. As of this writing, Solana is trading at $145, a 12.1% decline in the monthly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
SOL fell below $144 despite bullish institutional headlines, as Sol Strategies filed to list on Nasdaq while holding over $61 million worth of SOL tokens.