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#ethereum #eth #ethbtc #ethusd #ethusdt

Ethereum price started a fresh decline from the $4,630 zone. ETH is now showing bearish signs and might decline further below $4,460. Ethereum is struggling to settle above the $4,630 zone. The price is trading below $4,580 and the 100-hourly Simple Moving Average. There was a break below a rising channel with support at $4,600 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase unless there is a close below $4,460 in the near term. Ethereum Price Faces Hurdles Ethereum price started a downside correction and tested the $4,310 zone, like Bitcoin. ETH price found support and recently started a fresh increase. There was a move above the $4,400 and $4,420 levels. The price cleared the 23.6% Fib retracement level of the key decline from the $4,956 swing high to the $4,310 low. However, the bears were active near the $4,630 resistance zone. The 50% Fib retracement level of the key decline from the $4,956 swing high to the $4,310 low is acting as a hurdle. Recently, there was a break below a rising channel with support at $4,600 on the hourly chart of ETH/USD. Ethereum price is now trading below $4,580 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,580 level. The next key resistance is near the $4,630 level. The first major resistance is near the $4,710 level. A clear move above the $4,710 resistance might send the price toward the $4,820 resistance. An upside break above the $4,820 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,880 resistance zone or even $5,000 in the near term. More Losses In ETH? If Ethereum fails to clear the $4,630 resistance, it could continue to move down. Initial support on the downside is near the $4,460 level. The first major support sits near the $4,420 zone. A clear move below the $4,420 support might push the price toward the $4,310 support. Any more losses might send the price toward the $4,240 support level in the near term. The next key support sits at $4,150. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $4,460 Major Resistance Level – $4,630

#price analysis #crypto news #uncategorized

Pi Network is once again at the center of controversy as rumors spread about major exchanges planning to delist the token. Speculation grew after alleged reports claimed that OKX would suspend new borrowing for PI/USDT margin pairs and fully delist the coin by August 27–28. Such a move would reduce liquidity and signal falling institutional …

AI company Anthropic warns its AI chatbot Claude is being used to perform large-scale cyberattacks, with ransoms exceeding $500,000 in some cases.

#bitcoin #crypto #btc #crypto market #bitcoin market #bitcoin news #cryptoquant #btcusdt

Bitcoin continues to face challenges sustaining its momentum after retreating from its recent all-time high above $124,000. At the time of writing, the asset trades around $111,090, reflecting a 10.5% decline from its peak and a 4.2% drop over the past week. The pullback highlights growing uncertainty among traders as buying pressure weakens, even while some on-chain indicators suggest potential accumulation. One such signal comes from Binance, the world’s largest cryptocurrency exchange by trading volume. Analyst Crazzyblockk, a contributor to CryptoQuant’s QuickTake platform, examined a metric called the Binance Buying Power Ratio. According to the analyst, this ratio, measuring the inflow of stablecoins relative to Bitcoin outflows from Binance, has recently climbed sharply, moving into positive territory. The implication is that traders are sending stablecoins into the exchange (potential buying power) while withdrawing Bitcoin, likely for long-term storage. Related Reading: Bitcoin Keeps Slipping Down: Is $107,000 The Next Support? Binance Buying Power Ratio Signals Accumulation Crazzyblockk explained that this pattern points to a buildup of liquidity while simultaneously reducing the Bitcoin supply available for sale on Binance. In his words: Stablecoins in, BTC out. This combination of accumulating ‘dry powder’ and securing assets off-exchange is a classic sign of a market preparing for a bullish move. The surge in buying power ratio coincides with Bitcoin’s current consolidation phase, suggesting that some traders may be preparing for a rebound. Historically, an increase in stablecoin inflows has often preceded heightened trading activity, with many market participants using these reserves to enter positions once favorable conditions emerge. At the same time, large Bitcoin outflows from exchanges can reflect a broader trend of long-term holding behavior. Investors who transfer coins to private or institutional-grade wallets often intend to store them securely, limiting immediate selling pressure. If sustained, this dual trend of stablecoin accumulation and Bitcoin withdrawals could support the market by reducing available supply and preparing liquidity for upward moves. Bitcoin Short-Term Holders Show Signs of Weakness While Binance metrics suggest optimism, another CryptoQuant analyst, Darkfost, highlighted a more cautious indicator: the Spent Output Profit Ratio (SOPR) for short-term holders (STHs). This metric measures whether coins moved on-chain are being sold at a profit or loss. Darkfost noted that the STH SOPR has now fallen below 1, with its monthly average sitting at the neutral point. In practical terms, this means that many recent buyers are no longer selling at a profit, and some are even taking losses. He wrote: Historically, when STH SOPR reaches this level, two scenarios are common. Either the market rebounds quickly, or short-term holders panic, leading to further losses. During this cycle, the second scenario has often played out—though these periods have consistently created opportunities for medium- to long-term investors. The comparison to late 2021, when Bitcoin last peaked at $69,000 before entering a prolonged correction, shows the weight of this signal. A persistent decline in SOPR could indicate rising pressure from traders seeking to exit, even as long-term holders demonstrate greater conviction. Featured image created with DALL-E, Chart from TradingView

#news #price analysis #crypto news #ripple (xrp)

The global cryptocurrency market cap stands at $3.87 trillion. Bitcoin slipped to nearly $110,000 earlier this week, its lowest in seven weeks, raising concerns about a possible retest of the $100,000 level. Ethereum also faced sharp swings but still holds above $4,500, while XRP trades around $2.97. On the weekly timeframe, XRP continues to show …

#law and order

Once formalized, the plan would build on the Philippines' already existing blockchain platform for budget management.

#bitcoin #bitcoin price #btc #btcusd #btcusdt #xbtusd

Bitcoin price is showing bearish signs below $113,000. BTC is struggling to recover and might start another decline below the $110,500 zone. Bitcoin started a recovery wave from the $108,750 zone. The price is trading below $112,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $111,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $113,000 resistance zone. Bitcoin Price Attempts Fresh Increase Bitcoin price extended losses after close below the $112,000 level. BTC gained bearish momentum and traded below the $111,500 support zone. There was a move below the $110,500 support zone and the 100 hourly Simple moving average. The pair tested the $108,750 zone. A low was formed at $108,734 and the price recently started a recovery wave. There was a move above the $112,000 level. The price surpassed the 23.6% Fib retracement level of the key drop from the $117,354 swing high to the $110,734 low. Besides, there was a break above a key bearish trend line with resistance at $111,350 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $112,500 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $112,500 level. The first key resistance is near the $113,000 level or the 50% Fib retracement level of the key drop from the $117,354 swing high to the $110,734 low. The next resistance could be $114,000. A close above the $114,000 resistance might send the price further higher. In the stated case, the price could rise and test the $115,000 resistance level. Any more gains might send the price toward the $115,500 level. The main target could be $116,500. Another Decline In BTC? If Bitcoin fails to rise above the $113,000 resistance zone, it could start a fresh decline. Immediate support is near the $110,600 level. The first major support is near the $109,500 level. The next support is now near the $108,750 zone. Any more losses might send the price toward the $107,100 support in the near term. The main support sits at $105,500, below which BTC might accelerate lower. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $110,600, followed by $109,500. Major Resistance Levels – $112,500 and $113,000.

#markets #companies #finance firms #public equities #investment firms #ark-invest #bitmine

Ark Invest, led by Cathie Wood, bought $15.6 million in BitMine shares on Wednesday across three of its ETFs.

#bitcoin #crypto #altcoin #altcoins #hackathon #pi network #pi

Pi’s open source progress has climbed to 90%. According to reports, the project is being pushed toward a public code release that many in the community expect by September 2025. Related Reading: Dogecoin Gears Up For Triple Surge Vs. Bitcoin – Details That figure has raised hopes that outside developers will soon be able to inspect and build on parts of the system. Coinbase Listing Claims Surface According to posts on X, a 2021 Pi Network Hackathon winner called Pi Barter Mall suggested a Coinbase listing could be in the offing. The comment touched off fresh debate among users who have been watching for the Pi coin to reach major global exchanges. Coinbase’s CLO, Paul Grewal, posted a Pi Day image back in March that showed purple pies with the Pi logo. It was not a formal announcement. But it did rekindle rumors and talk across social channels. Analysts say a listing on a large exchange could boost liquidity and public visibility for Pi Coin. $PI listing on @coinbase Coinbase is coming soon! Get ready! ????????????????#PiNetwork #PiCoin #PiCrypto #PiChainMall #PiBarterMall #Pi2Day #PiHackathon #PiKYC #PiMainnet #PiCoreTeam #PiCommunity #PiLockup #PiMining #PiWallet #PiApp #PiDevelopers #PiBlockchain #MinePi… pic.twitter.com/nUtbxo7i5J — Pi Barter Mall/Pi Network 来购酷买 (@pibartermall) August 26, 2025 Developer Access Increasing, Core Protocol Still Closed Based on reports, PiOS — the project’s open-source layer — is being opened up to developers while the blockchain’s core protocol remains closed for now. Access to PiOS has been used to run new hackathons. One such event aims to get apps working with Pi in everyday transactions. Community moderators have suggested the open-source move could arrive before the end of the year, though the Pi Core Team has not confirmed specific dates. Questions that have long lingered about code transparency are expected to be addressed once more of the code is public. Binance And Swapfone Developments Screenshots have circulated showing Binance Connect and Binance P2P support options appearing inside the Pi Wallet’s Help & Support menu. That detail prompted discussion about a potential Binance integration, but users also pointed to hurdles that have slowed any listing. A lack of clear utility and concerns over decentralization were cited as reasons for delays. Meanwhile, practical steps have been taken elsewhere: Pi Coin secured a listing on Swapfone, a US-regulated, mobile-focused exchange, which launched a PI/USDS trading pair in July. Small Steps Toward Broader Exposure The Swapfone listing was described by some community members as Pi’s first meaningful move into the US trading scene. It is small in scale when compared with top global exchanges, but it is a footprint on American rails. Related Reading: XRP’s Biggest Doubter Just Dropped Close To $5 Price Bomb — Here’s Why Market watchers say listed trading pairs like PI/USDS can help price discovery, even if volumes remain modest at first. The overall picture is a mix of incremental progress and open questions. Featured image from Unsplash, chart from TradingView

#cardano #ada #ada price #adausd

Cardano (ADA) continues to hold firm at the $0.85 support level, despite recent volatility and mixed technical signals. Related Reading: XRP Whales Unload Massive Bags: Distribution Or Trap? The altcoin has been consolidating within a tight range, with traders closely watching the $0.95 resistance zone. A breakout above this level could pave the way for ADA to retest $1, while failure to maintain support risks a deeper pullback toward $0.80. Over the past week, ADA’s price has hovered between $0.82 and $0.87, reflecting cautious market sentiment. ADA's price trends to the upside on the daily chart. Source: ADAUSD on Tradingview Technical indicators remain split: the RSI sits at a neutral 52, leaving room for upward momentum, but the MACD shows bearish divergence, hinting at potential weakness. Analysts believe the next few trading sessions will determine whether ADA breaks higher or faces renewed selling pressure. Analysts Split on ADA Price Outlook Market experts are offering conflicting outlooks on ADA’s near-term trajectory. Some forecasts a short-term move toward $0.95, while others projects a more ambitious rally to $1.05–$1.10 by the end of August, provided volume increases. On the other hand, bearish predictions warn of a potential slide to $0.50 if Cardano fails to defend its key support levels. Institutional interest also remains a factor. The U.S. Securities and Exchange Commission (SEC) recently postponed its decision on Grayscale’s Cardano ETF until October 26, adding regulatory uncertainty. Analysts argue that while an ETF approval could fuel institutional inflows, delays may weigh on investor confidence in the short term. Could a September Rate Cut Ignite a Cardano Rally Toward $3? Macroeconomic catalysts could play a decisive role in ADA’s next move. Speculation is mounting that the U.S. Federal Reserve will cut interest rates in September. Historically, rate cuts have provided a boost to risk assets, including cryptocurrencies. Market reports suggest a potential Fed rate cut could help ADA reclaim the $1 mark and even fuel a rally toward $3, echoing its explosive 2020 run. With Cardano already up 4% in August, a favorable macro shift may accelerate bullish momentum. Related Reading: XRP’s Biggest Doubter Just Dropped Close To $5 Price Bomb — Here’s Why If bulls defend the $0.85 support and break past $0.95 resistance, the path toward $1 and beyond could open. However, a failure to hold support risks a drop below $0.80, leaving traders on edge as September’s rate decision approaches. Cover image from ChatGPT, ADAUSD chart from Tradingview

#markets

Nvidia beat Wall Street forecasts for Q2 and issued strong guidance, but the absence of China chip sales have weighed on investor sentiment.

#ethereum #bitcoin #crypto #standard chartered #ether #altcoins #memecoins

Standard Chartered’s digital assets research chief says Ethereum still has room to rise, even after recent swings in price. According to Geoffrey Kendrick, growing institutional demand and shrinking exchange liquidity are tightening supply and could push Ether higher toward his year-end target of $7,500. Related Reading: XRP’s Biggest Doubter Just Dropped Close To $5 Price Bomb — Here’s Why Institutional Demand Up Reports have disclosed that corporate digital asset treasury firms have bought about 2.5% of circulating ETH since June. Spot ETH exchange-traded funds added close to 5% over the same period. Based on those figures, roughly 7.5% of supply has been drawn into corporate treasuries and ETFs since June, a large shift in a relatively short time. Kendrick expects these firms could eventually hold up to 10% of all circulating Ether, a projection that underpins his bullish view. Exchange Outflows And Price Moves Exchange-balance trackers show a substantial movement of coins off trading platforms. In a single day, over 74,000 ETH — roughly $340 million at recent prices — was withdrawn from exchanges, led by Binance. Such outflows are often read as a sign of reduced near-term selling pressure. Ethereum did slip about 5% on Tuesday before bouncing back. According to CoinMarketCap, it trades near $4,618, marking a 4.6% gain in the last 24 hours and a weekly rise of 10%. Resistance Levels To Watch Traders are watching short-term barriers around $4,600. A clear move above that level could open $4,700, with $4,800 the next checkpoint before the prior high. The asset briefly hit an all-time high of $4,950 on August 24. Kendrick’s forecast of $7,500 by year-end implies a roughly 60% climb from current prices, a scenario that would require continued strong flows and calm macro conditions. Corporate Moves Versus Market Supply Reports point to firms such as SharpLink Gaming and Bitmine Immersion being valued in relation to their ETH exposure. Kendrick compared these companies to Strategy’s approach with Bitcoin, arguing some are priced below what he considers fair value. SharpLink has announced a share repurchase program that would trigger if its metric net asset value falls below 1.0, a move that could set a price floor for the stock. Related Reading: Dogecoin Gears Up For Triple Surge Vs. Bitcoin – Details That corporate behavior, while supportive for those equities, is not identical to permanent removal of ETH from circulation the way staking or ETF custody can be. The bullish picture rests on a few big assumptions. Macro shocks, quick shifts in investor sentiment, or regulatory moves could reverse flows fast. Crowded positions can be created when many buyers chase the same theme, and those positions can amplify volatility if sentiment changes. Featured image from Unsplash, chart from TradingView

#markets #news #cbdc #stablecoins #china #people's bank of china

Dollar dominance thanks to stablecoins is pushing China to explore stablecoins, but capital controls limit the project to Hong Kong’s offshore renminbi market, where liquidity is thin.

#trading #crypto #memecoins #featured

Kanye West’s YZY token launch has left 105 traders with significant losses between $100,000 and $1 million each, totaling $26 million in combined losses at an average of $250,000 per wallet. According to data shared by Bubblemaps analysis published on Aug. 27, 70,201 traders interacted with the token, resulting in 51,862 tanking losses. West’s controversial […]
The post YZY token aftermath sees 105 traders lose $100k-$1M each in $75M wipeout appeared first on CryptoSlate.

#solana #sol #sol price #solusd

Solana (SOL) is once again testing a critical barrier at $205 after surging nearly 8% in the past 24 hours to $203.5. The move has triggered a renewed optimism among traders who see the ascending triangle pattern forming on the charts as a potential launchpad for a breakout toward $255. Related Reading: Analyst Says XRP Price Is Set To Hit $4 If It Breaks This Resistance Line According to analyst Lark Davis, Solana has been rejected three times at the $205 mark, but higher lows and sustained buying pressure suggest that momentum is building. “If volume continues to rise into this test, the setup points clearly to $255 as the next target,” Davis explained. Trading activity supports that outlook, with more than $9 billion in daily volume underscoring strong market participation. Technical Indicators Signal Solana Stability Market data shows Solana is not yet in overbought territory, with its Relative Strength Index (RSI) sitting at 55.63. This gives the cryptocurrency room to climb further without triggering immediate selling pressure. The MACD indicator has also confirmed a bullish crossover, aligning with the positive momentum. On-chain signals strengthen the case for upside. Solana’s trading volume is steadily increasing, while its clean rebounds from the ascending trendline highlight active buying on every dip. Market analyst Alex Clay further pointed out a completed W-bottom pattern on the SOL/BTC chart, suggesting Solana may outperform Bitcoin in the short term, just as Ethereum recently did. Outlook: Path Toward $255 Breakout For traders, the $205 level has become the decisive battleground. A confirmed breakout above it, supported by strong volume and sentiment, could propel Solana to the $255 technical target. SOL's price trends to the upside on the daily chart. Source: SOLUSD on Tradingview The broader crypto market backdrop also favors SOL, with Ethereum’s rally drawing attention to high-potential altcoins. Analysts caution that failure to hold above $205 could delay the move higher, leaving Solana stuck in its current consolidation zone. With institutional interest in Solana growing and network activity reaching record levels, the token remains one of the most closely watched assets in the market. Related Reading: Bitcoin MVRV Compression Signals Pause – Market Digests Recent Volatility For now, all eyes remain on $205, the resistance level that could define Solana’s next major leg upward. Cover image from ChatGPT, SOLUSD chart from Tradingview

#health

Research tracking 25,000 people reveals that repeated exposure to extreme heat accelerates biological aging, with manual workers facing triple the impact.

The company has posted $46.7 billion in revenue for the quarter, despite restrictive export controls from the US-China trade war.

#crypto #adoption #featured

KindlyMD, a Nasdaq-traded health-care firm that recently merged with bitcoin treasury company Nakamoto, said it plans to raise as much as $5 billion in equity to expand its Bitcoin (BTC) reserves. The company filed a shelf registration with the Securities and Exchange Commission for an at-the-market stock program, allowing it to issue shares gradually at […]
The post Nasdaq-listed KindlyMD to raise $5B via equity to buy Bitcoin appeared first on CryptoSlate.

Circle is embedding USDC into global payment networks as part of a broader push spanning Africa, Asia, Europe and the Middle East.

#ethereum #bitcoin #blockchain #eth #btc #ether #altcoin #cryptocurrency #ethereum staking #ethereum network #ethusdt #ethereum news

Ethereum (ETH) staking levels continue to break records, with the latest snapshot of the blockchain showing nearly 36.1 million ETH staked on the network – the highest level in history. Ethereum Staking Hits New ATH, Will Price Follow? According to a CryptoQuant Quicktake post by contributor XWIN Research Japan, close to one-third of Ethereum’s circulating supply is now staked. This high proportion suggests that ETH may be on the verge of a structural supply shock. Related Reading: Ethereum Average Daily Outflow Hits 40,000 ETH Amid Rising Buying Pressure – Details The following chart shared by the analyst shows that even during sharp corrections in 2022 and 2023, staking levels continued to climb. Unlike speculative flows, which often exit the market during downturns, staking activity has proven “sticky” – with investors choosing to lock ETH into the network rather than liquidate. Staking ETH carries several key implications. First, it compresses supply – as more ETH is staked, less liquid supply remains on exchanges, creating a natural “supply shock” that amplifies demand-driven price moves. Similarly, it shows the priorities of investors. By staking ETH, investors essentially work as long-term participants. In this way, they align their incentives with network security and yield instead of short-term trading. ETH’s recent rally to $4,500 also coincided with record staking levels, creating a feedback loop – higher prices attracted institutional inflows from custodians, exchange-traded funds (ETG), and whales, while reduced liquid supply added further upward pressure. ETH’s Transition Into An Institutional Asset ETH ETFs now hold more than $300 billion in reserves, while asset managers such as BlackRock are actively accumulating. This underscores Ethereum’s transition from a speculative asset to a yield-bearing, institutionally supported infrastructure layer. Related Reading: Can Ethereum Really Hit $20,000 This Cycle? Analyst Maps The Path U.S.-based spot ETH ETFs also enjoyed a long streak of positive inflows, lasting from the week ending May 16 through the week ending August 15. Commenting on this shift, XWIN Research Japan noted: Ethereum’s all-time-high staking levels reveal its underlying strength: while Bitcoin faces selling dominance in taker metrics, ETH is experiencing structural supply reduction. This divergence highlights Ethereum’s growing role not just as a crypto asset, but as the backbone of tokenization, DeFi, and RWA adoption. Similar sentiments were recently echoed by Tom Lee, the co-founder of Fundstrat Global Advisors. Lee noted that ETH is getting closer to becoming the backbone of global markets. That said, some risks remain. For instance, ETH price is still lagging despite ATH in daily network transactions. At the time, the analyst said that ETH was likely still in the accumulation phase. Similarly, the recent price pullback in ETH after creating a new ATH over $4,900 shows how recurring liquidation cycles are shaping ETH’s price action every week. At press time, ETH trades at $4,606, up 2.5% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com

Google Cloud’s Web3 head used a LinkedIn post to brand the company's upcoming Universal Ledger as a neutral blockchain for financial institutions.

#markets

Cronos is surging in price, hitting a three-year high after President Trump's media company said it would build a CRO treasury.

#crypto #analysis #featured #price watch

Bitcoin (BTC) trades in a precarious position near $112,000, caught between key technical levels that could determine its next major directional move following a pullback from the $124,000 all-time high reached two weeks ago. According to an Aug. 27 report by Glassnode, BTC faces immediate resistance at $113,700, which aligns with the three-month cost basis […]
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#markets

Online gamblers are betting Bitcoin will dip below $100,000 while analysts try to understand how it could happen.

#venture capital #deals #companies

Union Square Ventures led the $15-million seed round in The Clearing Company, which will compete with Polymarket and Kalshi.

A plan to halve Tron’s energy costs is winning strong support ahead of Friday’s deadline, with backers betting lower fees will expand adoption.

#ethereum #markets #bitcoin #defi #policy #sec #people #regulation #stablecoins #tokens #venture capital #donald trump #equities #token projects #deals #companies #crypto ecosystems #layer 1s #u.s. policymaking #mergers & acquisitions #analyst reports

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

#solana #sol #solana price #sol price #rsi #sma #solusd #solusdt #solana news #sol news #macd #relative strength index #simple moving average #gemxbt #cryptopulse

Solana’s price action is showing fresh signs of strength as bulls reclaim key technical levels. With momentum building around critical support and resistance zones, traders appear to be positioning for the next leg higher. The chart setup suggests renewed upside potential, but overbought signals hint that caution may still be warranted. Solana Breaks Above 200 SMA, Extending Bullish Momentum Gemxbt, a crypto analyst on X, recently highlighted Solana’s strong bullish trend as the asset pushed above the 200-day Simple Moving Average (SMA). This key technical breakout signals renewed strength in SOL’s price action, placing the cryptocurrency in a favorable position to extend its upward momentum. The break above this long-term indicator often attracts bullish sentiment, as it suggests the broader trend is shifting toward recovery and growth. Related Reading: Analyst Says Solana Price Is At The Gates Of Massive Breakout, Here’s The Target According to Gemxbt, Solana’s chart is now showing clear technical levels to watch, with immediate support around $195 and resistance forming at the $210 mark. These zones are crucial for traders, as they define the short-term battleground between buyers and sellers. A sustained hold above $195 would reinforce the bullish structure, while a decisive break above $210 could open the door for further gains. The analyst also pointed out that momentum indicators are aligning with the bullish case. SOL’s MACD has confirmed a bullish crossover, strengthening the outlook for continued upside. At the same time, the Relative Strength Index (RSI) is approaching overbought levels, hinting that the market may be due for a temporary cooldown or pullback before the next move higher. Gemxbt further noted that trading volume has been rising alongside price action, a sign that market participants are actively positioning around Solana. This uptick in volume supports the bullish trend, as it reflects genuine buying interest rather than a weak rally.  Pulls Back To Key Zone: Fresh Buying Opportunity Emerges According to CryptoPulse in a recent update, Solana has retraced back to the top of a key zone, creating what the analyst views as a fresh buying opportunity. This pullback brought SOL under the $200 level, an area highlighted as strong value for traders positioning ahead of the next potential move upward. Related Reading: Solana (SOL) Falls Below Support, Will Bears Extend the Decline? CryptoPulse explained that this zone acts as a favorable entry point, offering a chance to average into positions before renewed momentum takes hold. By accumulating gradually at these levels, traders can mitigate risk while still being exposed to the upside potential when Solana regains strength. The update further emphasized that patience will be important, as market momentum is expected to kick back in once SOL stabilizes above this zone. With the broader trend leaning bullish, CryptoPulse suggests that buyers positioning now may be well-placed for the next leg higher in Solana’s rally. Featured image from Adobe Stock, chart from Tradingview.com

BNB Chain reportedly offers between 1.5% and 3% yield for staking its native token BNB, which may sweeten the pot for investors.

#markets

Nvidia posted $46.7B revenue and $1.05 EPS in Q2, but shares dropped 4% after hours as Bitcoin stayed flat near $112K.
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