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Cryptopotato
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Crypto Price Analysis May-23: ETH, XRP, ADA, SOL, and HYPE
- Ethereum (ETH) consolidated with a 2% gain this week, poised for a rally towards $3,000 if it stays above $2,400.
- Ripple (XRP) remains under $2.6 resistance, showing bullish momentum and potential for a quick move to $3 once resistance is broken.
- Cardano (ADA) up 5% this week targeting $0.9, showing positive signs with potential to reclaim $1 with good support at $0.75.
- Solana (SOL) up 8% aiming to break resistance at $186, with potential to reach $200, showing strength in its rally.
- HYPE surged 39% to $37 this week, eyeing $40 next, demonstrating significant growth and setting new all-time highs in 2025.
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Cryptonews
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Pantera’s Santori Hails DeFi-Driven Solana Strategy as Superior to ETFs
- Pantera Capital's Marco Santori praises DeFi Development Corp's Solana strategy for engaging in staking, DeFi, and liquidity provision, offering a dynamic alternative to traditional ETFs.
- DeFi Dev Corp can generate returns through DeFi participation, unlike ETFs that are restricted from staking in the US.
- Pantera invested US$9.6M (AU$14.6M) in Solana, holding over 400,000 SOL, with a focus on active participation in on-chain activities.
- Solana's recent Alpenglow upgrade and positive price performance, with SOL trading at US$179.05 (AU$279), further highlight the significance of DeFi-driven strategies.
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Pymnts
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R3 and Solana Partner to Enable Tokenized Real-World Assets
- R3 and Solana Foundation have partnered to bring regulated real-world assets onto a public blockchain.
- The collaboration will help regulated financial institutions meet the demand for tokenized real-world assets by combining R3’s private enterprise blockchain and Solana's public mainnet.
- The tokenization of real-world assets on blockchain is driving an on-chain revolution across capital markets, enabling greater efficiency, liquidity, and automation.
- Cryptocurrency exchange Kraken is set to launch tokenized equities on the Solana blockchain, backed by shares held by Backed Finance, for customers in Europe, Latin America, Africa, and Asia in the near future.
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TheNewsCrypto
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Best Cryptos To Invest in for Huge Returns In 2025: Solana, Cardano, Unilabs
- Analysts forecast that Solana might reach a new peak of $1,650 with increased adoption and potential ETF release.
- Cardano's price is expected to rise to $7-$10, currently trading above key SMAs, showcasing potential for growth in the coming months.
- Unilabs (UNIL), an AI-driven DeFi platform, is gaining traction with its ongoing blockchain ICO raising over $750k, possibly heading towards $1 million.
- Solana, Cardano, and Unilabs are recommended as the best cryptos to invest in for significant returns in 2025, with Solana potentially exceeding $1,000, Cardano climbing to $7, and Unilabs increasing to $0.83.
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TronWeekly
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Bitcoin Price Surges Past $111K as OKX Rolls Out xBTC on Solana, Aptos, and Sui
- BTC surpasses the $111K all-time high, as OKX launches xBTC on Solana, Aptos and Sui.
- xBTC allows BTC holders to access DeFi backed by 1:1 without minting or burning fees.
- Bitcoin trading increased by 77% in 24 hours with futures open interest nearing $81 billion.
- OKX introduces xBTC on Solana, Aptos, and Sui, enabling Bitcoin holders to participate in DeFi activities and drive the cryptocurrency's adoption in the decentralized finance space.
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Pymnts
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Kraken to Launch Tokenized Stocks and ETFs Outside US
- Kraken is set to launch tokenized equities, called xStocks, for customers in Europe, Latin America, Africa, and Asia, offering more than 50 stocks and ETFs.
- The tokenized stocks will be available on the Solana blockchain, backed by shares held by Backed Finance, and redeemable for the cash value of the underlying securities.
- Customers in the U.S. will not have access to the tokenized stocks, but enabling customers outside the U.S. to trade stocks as tokens will simplify trading processes, provide 24/7 access, and eliminate local brokerage fees.
- Kraken's move follows Binance's launch of tokenized U.S. stocks in 2021, which was later halted due to regulatory concerns, and Kraken is actively working with regulators to ensure legal compliance for xStocks.
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TheNewsCrypto
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Sonic Unveils Validator Program To Decentralize Its Solana SVM Chain Extension
- Sonic has introduced a validator program for its Solana SVM chain extension to decentralize the network and reward validators for their performance.
- Partners like Restake, Stakin, and Adrastea will assist in onboarding and providing expertise for the validator program, fostering network validation and development opportunities.
- The program offers a dual-incentive model, allowing validators to choose between self-staking or delegation-based options, with a focus on optimizing network performance.
- Sonic aims to attract quality validators by offering competitive operational costs, comprehensive documentation, and performance-based rewards to support the growth and mainstream adoption of web3 gaming on its SVM chain extension.
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Zebpay
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Solana Price Prediction
- Solana is a blockchain platform known for its scalability and performance, processing up to 65,000 transactions per second with its unique consensus algorithm. The native token of Solana is called SOL.
- Solana's price has shown significant fluctuations, with the token reaching a low of around $29 in June 2022 and experiencing a sharp decline following the bankruptcy of FTX in November. However, it saw a slow but steady rise in early 2023.
- In 2024, Solana's price surpassed $200, but later faced a sharp decline, leading to debates on whether it had reached its peak. For 2025, price predictions range from around $250 to $400, with an average trading price expected to be close to $325.
- Solana is considered a strong competitor to Ethereum and has gained recognition as an 'Ethereum Killer.' While network outages have been a concern, the team is working on improvements, making Solana an appealing investment option for those seeking alternatives.
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TheNewsCrypto
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Solana’s Volume Surge and $176 Price Mark Paint a Bullish Picture—But There’s a Catch
- Solana has been following a bullish trend since April 2025, with the price rising from $100 to $176.18, indicating possible breakout or correction ahead.
- The RSI is at 61.87 and a narrowing MACD gap suggests sustained momentum. Solana's strong position as the sixth-largest cryptocurrency is supported by good liquidity and trading volume growth.
- Solana's current price is at $176.18 with a market cap of $91.62 billion and a fully diluted valuation of $105.92 billion. The trading volume has increased by 58.69% in the past day, showing good liquidity.
- Technical analysis using RSI and MACD indicators indicates a moderate bullish momentum. Solana's price action aligns with the regression channel and maintaining it within this channel will be crucial for the bullish trajectory.
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Crypto-News-Flash
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Solana Mobile Reveals Future of Web3 Phones as Seekers Hit Market in August
- Solana's flagship device, Seeker, will hit the market in August 2025 with early adopter pricing set at $500.
- Seeker maintains the Genesis Token and Hardware Seed Vault and features an improved DApp store compared to the previous version.
- Solana Mobile plans to expand its platform to additional hardware manufacturers, focusing on the Trusted Execution Environment Platform Infrastructure Network (TEEPIN) for a decentralised future in mobile.
- Solana introduces the SKR token to power ownership and incentives within its mobile ecosystem, aiming to transform the traditional mobile business model.
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Newsbtc
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Solana (SOL) Aims Higher With Strong Buyer Support, Next Stop $200?
- Solana (SOL) price is on a bullish trend, aiming for more gains above $180 with strong buyer support.
- SOL price started a fresh increase, trading above $172 and the 100-hourly simple moving average.
- A connecting bullish trend line is forming with support at $170 on the hourly chart of the SOL/USD pair.
- Key resistance levels to watch are $178, $180, and $185, with a potential further increase towards $200 if these levels are surpassed.
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Newsbtc
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Solana’s BONK Targets 77% Corrective Move After Retrace To 200 EMA
- BONK's price action has been volatile in May, currently stabilizing around the 200 EMA after a rejection from the local high.
- Technical analysis indicates a bullish continuation setup with a 77% corrective move potential, rather than a bearish reversal.
- The price retracement aligns with the 0.618 Fibonacci level, daily support zones, and resistance zones, suggesting a bullish market structure.
- If BONK breaks above the POC resistance at $0.00001955, it could target a 77% rally towards $0.00003243, close to its January 2025 open level.
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TheNewsCrypto
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From Solana to Shelves: Ponke’s Leap Into Global Licensing
- Ponke, a digital phenomenon from the Solana blockchain, is partnering with 223, the venture innovation division of JCorp, to expand into physical consumer markets globally.
- Ponke's unconventional growth within the Solana ecosystem, driven by community engagement and viral memes, sets it apart as a rebellious brand with a strong digital following.
- The collaboration with 223, leveraging JCorp's expertise in licensed consumer products, aims to translate Ponke's digital success into tangible goods for a broader consumer base.
- The focus on 'phygital' collectibles using NFC chip technology highlights Ponke's digital-first identity and offers innovative ways for consumers to interact with the brand, enhancing its appeal in the physical world.
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Crypto-News-Flash
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Solana Replaces Tower BFT and Proof of History with Alpenglow Protocol
- Anza, a Solana infrastructure firm, has introduced a new consensus upgrade named Alpenglow to enhance speed and finality.
- Alpenglow replaces Tower BFT and Proof of History with Votor and Rotor to reduce transaction finality to 150 milliseconds and decrease reliance on timestamping.
- The dual-layer architecture of Alpenglow aims to position Solana as a competitor in Web2 infrastructure, with Votor and Rotor targeting sub-second finality.
- Despite the improvements, Anza acknowledges that Alpenglow will not address all of Solana's technical challenges, but the network plans to improve client diversity for enhanced resilience.
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Crypto-News-Flash
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Solana Archives Ledger on Filecoin Through Old Faithful
- Solana's Old Faithful initiative has archived its entire transaction ledger on the Filecoin network for decentralized, long-term access.
- The archive can be accessed through IPFS and CAR files, allowing users to retrieve specific data without downloading the entire ledger.
- The storage currently holds about 250 terabytes of data, growing at 500 gigabytes every two days, with 50 terabytes dedicated to index data.
- Solana's move to archive data on Filecoin reflects its effort to reduce reliance on centralized cloud providers, improve network decentralization, and introduce innovative protocol updates like Alpenglow.
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