Tag: Solana

Solana (SOL) Slips Back to Support, Setting Up a High-Tension Test

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Solana failed to stay above $146 and corrected gains. SOL price is now trading below $145 and might find bids near the $140 zone. SOL price started a downside correction below $145 against the US Dollar. The price is now trading below $145 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $141 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $140 zone. Solana Price Starts Downside Correction Solana…

Solana mocks Ethereum L2 Starknet over massive valuation versus low activity

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Key Takeaways Solana criticized Starknet for imbalance between high valuation and low user activity. The post appears to be a sarcastic comment referring to historical on-chain data from 2024. Share this article Solana’s official X account on Wednesday publicly mocked Starknet, a prominent layer 2 solution, over a stark mismatch between the project’s valuation and on-chain activity. The statement pointed to Starknet’s low daily active users and transactions despite maintaining a billion-dollar market capitalization. “Starknet has 8 daily active users, 10 daily transactions, and still somehow has a 1b MC…

Solana (SOL) Escapes Resistance Zone, Rally Pressure Intensifies

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Upexi inks $36M deal with Hivemind Capital to boost Solana holdings

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Key Takeaways Upexi, a digital asset treasury firm centered on Solana, is increasing its SOL holdings by 12% through a $36 million deal with Hivemind Capital Partners. The transaction involves a convertible note for locked SOL tokens, slated for completion by January 14. Share this article Solana-focused treasury firm Upexi has entered into a securities purchase agreement with Hivemind Capital Partners to issue a $36 million convertible note backed by locked Solana tokens. Upon closing, the transaction is expected to increase Upexi’s Solana treasury to more than 2.4 million SOL,…

Solana Policy Institute Urges SEC Protect DeFi Developers From Regulations

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Update (Jan. 13, 2026, 9.45 a.m. UTC): This article was updated to clarify the legal status and jurisdictions of recent cases involving Tornado Cash developers. The Solana Policy Institute, a nonprofit focused on blockchain policy, urged the US Securities and Exchange Commission (SEC) to clearly distinguish between centralized crypto exchanges and non-custodial decentralized finance (DeFi) software, arguing that developers who publish open-source code should not be regulated as market intermediaries. In a Friday letter to the agency, the institute said developing and deploying non-custodial smart-contract software is fundamentally different from…

Coinbase and Sharps Technology launch institutional-grade validator on Solana network

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Key Takeaways Sharps Technology and Coinbase Institutional have expanded their partnership, resulting in the launch of an institutional-grade validator on the Solana network. The collaboration reflects a synergy between Sharps Technology’s focus on blockchain infrastructure. Share this article Sharps Technology announced today the launch of an institutional-grade Solana validator as part of an expanded partnership with Coinbase Institutional. The validator allows the company to contribute directly to Solana’s infrastructure while deploying a portion of its SOL treasury holdings. The New York-based medical manufacturer, having embraced a SOL-focused treasury strategy, holds…

XRP, Solana funds buck trend as crypto ETPs shed $454M

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Key Takeaways Crypto exchange-traded products experienced $454 million in outflows last week. The outflows nearly counteracted the $1.5 billion inflows recorded earlier in the year, marking a significant change in market sentiment. Share this article Funds tied to XRP and Solana saw strong inflows last week despite a wave of outflows across crypto exchange-traded products, according to a new report from CoinShares. Bitcoin led the weekly outflows totaling approximately $405 million, followed by Ethereum with $116 million, reversing much of the $1.5 billion in early-year inflows. In contrast, XRP funds…

Solana (SOL) Accelerates Higher, All Eyes on a Key Upside Level

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Solana started a fresh increase above the $140 zone. SOL price is now consolidating above $140 and might aim for more gains above the $145 zone. SOL price started a fresh upward move above the $140 and $142 levels against the US Dollar. The price is now trading above $140 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $138 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $145 resistance…

Solana (SOL) Picks Up Speed, Raising Talk of a New Upside Run

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Solana started a fresh increase above the $136 zone. SOL price is now consolidating above $138 and might aim for more gains above the $142 zone. SOL price started a fresh upward move above the $136 and $138 levels against the US Dollar. The price is now trading above $138 and the 100-hourly simple moving average. There was a break above a bearish trend line with resistance at $137 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the…

Solana Seeker Phone Users Can Claim SKR Token on Jan. 21

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Solana Mobile said its highly anticipated SKR token will launch on Jan. 21, with Solana Seeker smartphone users in the running to claim up to 20% of the token via airdrop. Solana said on Wednesday that SKR would launch on Jan. 21 at 2 am UTC, letting users delegate their tokens to “Guardians” who will secure the Solana network while verifying devices and curating the decentralized app store.  Users will earn rewards in exchange for delegating the tokens and will also be able to access various exclusive in-app features. “SKR will…