Solana (SOL) is entering a pivotal phase after rallying more than 40% since early August, pushing the price to its highest level since February. This remarkable surge has reignited bullish sentiment, with traders and investors now closely watching whether Solana can sustain its momentum or if a period of consolidation lies ahead. The coming days are expected to be decisive in determining the next major price direction for SOL. Related Reading: Ethereum Dominates Trading Volume Despite Market Cool-Off – Details Despite ongoing volatility across the broader crypto market, Solana bulls are showing resilience. The asset’s sharp recovery underscores renewed confidence in its ecosystem, driven by strong network activity, DeFi adoption, and its positioning as one of the leading Ethereum competitors. Yet, the key factor supporting optimism comes from on-chain data. According to Lookonchain, whales have been actively accumulating SOL during this rally, signaling strong conviction in its long-term potential. The presence of large-scale buyers suggests that even amid fluctuations, demand for Solana remains elevated. This behavior highlights a critical dynamic: whales often position themselves ahead of major moves, reinforcing the bullish narrative surrounding SOL. Whether this momentum continues will depend on how Solana reacts to resistance levels in the coming sessions, making this a crucial moment for investors and traders alike. Whale Moves Signal Growing Confidence In Solana Lookonchain reports that in the past 24 hours, two whale wallets withdrew a combined 376,076 SOL (valued at approximately $80.7 million) from Binance and transferred the tokens to Kamino. This move not only underscores whale confidence in Solana’s long-term potential but also signals a broader trend in the market: investors are rotating capital into large-cap altcoins in anticipation of a rally. Such large-scale withdrawals are typically interpreted as a bullish sign. By moving funds from centralized exchanges to DeFi protocols like Kamino, whales demonstrate an intent to hold or deploy capital strategically for yield, rather than prepare for near-term selling. This conviction aligns with the broader strength we’ve seen across altcoins in recent weeks. Ethereum’s recent pause has created a window of opportunity for alternative layer-1 networks like Solana to shine. If ETH continues to consolidate, capital rotation into SOL and other altcoins could accelerate, pushing them into fresh rallies. The market has already rewarded Solana with an impressive surge since early August, and whale accumulation only reinforces the bullish outlook. Related Reading: Bitcoin LTH Aging Velocity Turns Negative: Distribution Phase Unfolds Technical Details: Price Testing Key Resistance Solana is showing strong momentum, trading at $218.91 after a sharp 9.37% daily surge. The chart highlights that SOL is now testing a critical resistance zone not seen since early 2025, marking its highest levels in months. This recovery follows a steady uptrend from the May lows near $140, with the price supported by higher lows and consistent buying pressure. The 50-day moving average (blue) sits well below the current price at $167.48, reflecting strong bullish momentum, while the 100-day (green) at $177.10 and the 200-day (red) at $163.01 confirm that the medium and long-term trend remains positive. As long as SOL stays above these key averages, the bullish structure is intact. Related Reading: Bitcoin Cycle Structure Questioned As VDD Mirrors Historic Tops However, SOL is now confronting a significant resistance barrier around $220–$225, a zone that has rejected rallies in the past. A decisive breakout above this level could open the path toward $250 and beyond, pushing the token into a new bullish phase. On the downside, a failure to break resistance could lead to a retest of support levels at $200 and $185. Featured image from Dall-E, chart from TradingView
The executive director of the President's Council of Advisers on Digital Assets told CoinDesk it's "pedal to the metal" time on legislation and the bitcoin reserve.
Smaller tokens are having a blast as major cryptocurrencies recover from the decline late on Friday.
Bybit is stepping up its game for institutional investors. The world’s second-largest crypto exchange by trading volume has announced a strategic partnership with Switzerland’s Sygnum Bank to deliver bank-grade, off-exchange custody for crypto assets. The move brings together Bybit’s deep liquidity and wide product range with Sygnum’s reputation for secure, regulated digital asset banking. For …
Ripple is making strategic moves to maintain the strength and stability of its RLUSD stablecoin, carrying out its largest token burn in weeks. Meanwhile, RLUSD adoption is picking up, with businesses and banks beginning to use it for payments and other services. Ripple Executes Largest RLUSD Burn in Weeks According to data from Ripple Stablecoin …
Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, is preparing for a major step forward with its upcoming listing in New York. Just before the launch, the company secured Nasdaq as a strategic investor. Nasdaq is committing $50 million, showing strong confidence in Gemini at a time when digital assets are slowly gaining …
Vietnam's trial could shape future crypto regulations, influencing global approaches to balancing innovation and consumer protection.
The post Vietnam launches five-year trial program for crypto trading market appeared first on Crypto Briefing.
HBAR posts sharp gains in 23-hour session. Token climbs from $0.22 to $0.23. Volume surges 124% above daily average.
Binance founder Changpeng Zhao (CZ) has warned the crypto community about the growing security threats in Web2 applications. He stressed that even trusted and open-source software is no longer safe from attackers. “Web3 will redefine security for Web2,” CZ said on X, urging developers and users to stay alert as hackers become more advanced. Web3 …
Bitcoin’s implied volatility has compressed to multi-year lows, echoing patterns seen in the summer of 2023 that preceded a sharp October spike.
Ripple has expanded its European footprint by joining forces with Spanish banking giant BBVA to introduce a digital asset custody service. Announced on Sept. 9, the initiative extends Ripple’s institutional custody platform into Spain, giving BBVA the tools to store and manage cryptocurrencies and tokenized assets securely. BBVA can scale its digital asset offering by […]
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The partnership could significantly enhance liquidity and trading options, potentially reshaping stablecoin dynamics in the crypto market.
The post Ethena partners with Binance to embed USDe for 280m users and $190B in assets appeared first on Crypto Briefing.
Robinhood is rapidly expanding beyond retail trading into wealth management, credit, crypto, and tokenized markets.
Further details will be released in October, nearly 12 months after it was initially announced.
Your day-ahead look for Sept. 9, 2025
Bitcoin is currently at a crossroads, caught between bullish hopes and bearish pressure. Bulls are struggling to reclaim the $115K level, while bears have been unable to keep BTC below $110K, leaving the market in a tense state of uncertainty. This indecision comes as volatility increases ahead of the upcoming US Federal Reserve meeting, where investors expect a possible announcement on interest rate cuts. Such a decision could significantly impact risk assets, including Bitcoin, by shaping liquidity conditions in global markets. Related Reading: Ethereum Dominates Trading Volume Despite Market Cool-Off – Details Top analyst Axel Adler highlights that as of today, it has been 504 days since the last halving, a milestone that places the market in a mature phase of the bull regime. By comparing the current cycle with the previous two, Adler suggests that Bitcoin is showing characteristics consistent with late-cycle behavior. While this phase often brings heightened volatility and profit-taking, it also underscores the broader strength of the cycle, supported by institutional demand and long-term adoption trends. Bitcoin Redistribution Patterns Signal A Sustainable Cycle Adler explains that in this cycle, Bitcoin has displayed a unique redistribution pattern compared to past bull runs. In March, when BTC traded near $70,000, the market witnessed an extreme spike in Value Days Destroyed (VDD), a signal of significant long-term holder (LTH) activity. This was followed by two additional, but more moderate, distribution waves near $98,000 and $117,000. Importantly, these later waves did not surpass the March extremum, suggesting that selling pressure from LTHs has been segmented and less overwhelming than in prior cycles. This behavior points toward more sustainable redistribution, primarily due to institutional demand. Rather than one explosive top driven by panic or retail frenzy, supply is exiting in batches after each new all-time high. Institutional buyers, ETFs, and corporate treasuries are absorbing this selling, which spreads peaks across a longer period and creates stretched-out cycle dynamics. Looking ahead, final conclusions about the cycle’s ultimate peak hinge on the emergence of the Peak Flag, a well-established late-cycle signal. The Peak Flag is triggered when the spot price trades at roughly 11 times higher than the LTH realized price. Historically, this ratio indicates that the market price has far outpaced the steadily climbing base cost of long-term holders. Based on current trajectories, the nearest window for such a setup is October–November 2025. However, this depends on conditions aligning: a surge in major LTH spending, a spike in short-term volatility, and then a gradual fading of that volatility. Related Reading: Bitcoin LTH Aging Velocity Turns Negative: Distribution Phase Unfolds Price Testing Short-Term Resistance Bitcoin is trading at $112,952, staging a rebound after holding above the $110K support zone. The chart shows BTC attempting to build momentum, but clear resistance lies around $114K, in line with the 100-day moving average (green line). A sustained move above this level would be critical to validate further upside. The 50-day moving average (blue line) is trending downward, currently acting as dynamic resistance and compressing price action. Until BTC reclaims it decisively, momentum remains fragile. On the downside, the 200-day moving average (red line) around $101,900 offers a deeper layer of long-term support, far below current levels. Related Reading: Old Bitcoin Supply Unlocks: 7,626 BTC Aged 3–5 Years Moves Onchain Structurally, BTC is forming a short-term higher low compared to early September, hinting at stabilization. However, bulls face the challenge of reclaiming lost ground quickly before bears reassert pressure. The broader resistance zone between $115K and $117K will likely determine whether BTC continues its consolidation or mounts a stronger recovery attempt. Holding above $110K keeps the bullish case intact, but without a breakout over $114K–$115K, Bitcoin risks slipping back into a choppy range. Traders should watch for volume confirmation on any breakout attempt. Featured image from Dall-E, chart from TradingView
BTC price strength starts to convince traders that new highs are back on the table, but Bitcoin still needs spot-market support.
The debate over U.S. interest rate cuts may reach a turning point at the upcoming Federal Reserve meeting on September 16-17, 2025. Markets are betting that the Fed could deliver as many as three cuts this year, starting with a possible 50 basis point reduction next week. Three Rate Cuts in the US? Analysts from …
Ethereum price today is trading at $4,356.94, with a 1.53% gain in the past 24 hours. Despite a negligible 0.39% dip over the week, traders appear optimistic, with 24-hour trading volume jumping nearly 70% to $33.94 billion. The surge comes as developers finalize testnet plans for the much-anticipated Fusaka hard fork, slated for Q4 this …
Ethena Labs, a leading DeFi protocol, is making big moves in the crypto space. With new milestones, growing adoption, and ongoing developments, the team is steadily expanding its ecosystem. In a recent update, it has secured a listing on a major exchange. Here’s why it’s such a big deal! Binance to List USDe on September …
Stablecoin issuer Tether is one of the largest corporate accumulators of Bitcoin over the last 12 months, adding more coins to its treasury than nearly all spot exchange-traded funds (ETFs). On Sept. 8, Tether CEO Paolo Ardoino shared data showing that the stablecoin issuer secured more than 27,700 BTC in the past year. Of that […]
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Reuters reported Nasdaq will invest $50 million in Gemini’s IPO, giving the exchange both capital and service links ahead of its planned Nasdaq listing.
Ripple will provide crypto custody services to Spain’s BBVA bank, expanding its existing partnership amid MiCA-driven adoption by European banks.
Dogecoin price could rise toward $0.50 next, then $1 or higher once a spot DOGE ETF is launched, unlocking institutional capital.
The United States sanctioned 19 entities in Myanmar and Cambodia tied to cyber-fraud compounds that target victims worldwide, adding new names to the OFAC sanctions list. The move raises immediate compliance requirements for banks, payment firms, and crypto venues that could touch these actors through correspondent flows or dollar-linked stablecoins. Sanctions block property and prohibit […]
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Nasdaq will buy $50 million worth of Gemini shares in a private placement at the time of its IPO, two people familiar with the matter reportedly said.
Gemini has secured Nasdaq as an investor in its $317 million IPO, with Nasdaq purchasing $50 million in shares as part of a strategic partnership.
Nasdaq plans to invest $50 million in Gemini, the cryptocurrency exchange founded by the Winklevoss twins, ahead of Gemini’s upcoming IPO. The exchange aims to raise up to $317 million and trade under the ticker “GEMI.” The partnership will give Nasdaq clients access to Gemini’s crypto custody and staking services, while Gemini’s institutional users can …
Ledger’s CTO said a massive npm supply-chain attack from Monday failed with only about $503 stolen before detection halted the spread.
Michael Saylor’s Bitcoin fortress faces Peter Thiel’s Ether agility. Two giants, two treasuries — who’s making the smarter bet?