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Solana News

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TronWeekly

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Solana’s Chart Signals a Surge—How High Could It Climb?

  • Solana rebounded from $142 support and gained 25% in a week, reaching $178.66.
  • Analysts target resistance between $195–$218, with bullish projections up to $617 or even $1,016.
  • About $165 million in cross-chain liquidity flowed into Solana, driving daily DEX volume up to $3.36 billion.
  • Solana is showing new strength after bouncing off critical support and may reach targets of $418 to $1,016 as per analysts' optimistic views.

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TronWeekly

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Solana Price Analysis: SOL Targets Breakout Above $175 Resistance

  • Solana (SOL) is showing strong bullish momentum in the crypto market, moving above the key support at $150.
  • Technical indicators such as MACD and RSI support a potential breakout above the $175 resistance level.
  • A successful move above $175 could pave the way for a rally towards previous highs and beyond.
  • SOL is currently trading at $173.99 with positive price momentum, a 2.04% increase in the last 24 hours, and a market cap of $90.31B.

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Crypto-News-Flash

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Ethereum Eyes Major Breakout with New ETH and SOL Futures on Brazilian Market

  • Ethereum surged past $2,400 with an 8% gain, driven by Pectra upgrade optimism and strong inflows.
  • Brazil's B3 confirmed the launch of Ethereum futures by June 16, boosting institutional interest and investor confidence.
  • Ethereum broke through the $2,400 barrier, hitting $2,472, its highest since January 2025, with strong trading pair performance against Bitcoin.
  • Technical charts showed Ethereum breaking through downtrend wedge pattern, with analysts eyeing $3,000 as momentum builds and institutional interest through Brazil's B3 increases.

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TronWeekly

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Solana Price Prediction: Analysts Forecast $378 After Breakout Rally

  • Solana (SOL) is currently trading at $172.25, up 5.70% with a 17.35% rise in trading volume.
  • Analysts project Solana can reach a price of $378 by 2025 based on technical trends and market confidence.
  • Solana saw a breakout above $160 resistance and is targeted to reach $222.90 to $316.01.
  • Increased adoption by institutions, such as BlackRock and Robinhood, enhances Solana's market position.

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Cryptopotato

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98% of Tokens on Pump.fun Are Rug Pulls or Fraud: Report

  • A report from Solidus Labs unveiled that 98.6% of tokens on Pump.fun are categorized as rug pulls or pump-and-dump schemes on the Solana blockchain.
  • Solana's low fees and user-friendly DEX have made it a hub for meme coin scams, with Solidus warning investors of the growing memecoin fraud in the ecosystem.
  • Pump.fun, a Solana-based token platform, witnessed daily trading volumes exceeding $100 million, driven by speculative meme coin activity, with a majority of tokens collapsing into worthless schemes soon after launch.
  • The platform faced legal troubles, including class-action lawsuits for allegedly violating U.S. securities laws and revenue crashes due to disturbing broadcasts by token creators.

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Medium

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HAiO and the Rise of Fair Technology for Creators

  • HAiO is a platform built on purpose and powered by Solana, focusing on creating a digital economy where creators are rewarded and valued.
  • Built on Solana for its speed, low cost, and scalability, HAiO allows creators to build, share, earn, and transact without facing high costs or network congestion.
  • HAiO is launching its own utility token, $HAiO, which powers governance, staking, creator rewards, and platform utilities, ensuring platform contributors have a say in its development.
  • HAiO's on-chain Revenue Engine utilizes smart contracts to automatically distribute revenue generated through tipping, licensing, and monetized features to stakers, developers, and the DAO, promoting fairness and transparency in earnings.

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TronWeekly

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Altcoins Poised for a Massive Comeback Against Bitcoin

  • Altcoins are expected to make a comeback against Bitcoin, with market conditions favoring gains for altcoin investors.
  • Cryptocurrency analyst Michael van de Poppe suggests that the alt crypto market is showing bullish signals, pointing towards potential future growth.
  • Despite Bitcoin's dominance, smaller altcoins have shown significant gains, presenting opportunities for lower-cap tokens and those with unique use cases.
  • Investors are advised to strategically position themselves in the altcoin market, as rapid price movements are anticipated during the upcoming recovery phase.

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Livebitcoinnews

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TRUMP Token Eyes $30 After Strong Wedge Breakout

  • TRUMP token price rises 17.49% to $14.60 on May 9, 2025.
  • Falling wedge breakout suggests potential 100% gain to $26-$30 range.
  • TRUMP's market cap reaches $2.79 billion, ranking #54 on CoinGecko.
  • Trading activity is high, with TRUMP/USDT pair seeing $62,247,664.99 in 24-hour volume on OKX.

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Crypto-News-Flash

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Solana Launches Nasdaq Alternative—Will It Be the Catalyst for $200 SOL?

  • Solana plans to allow public companies to issue stocks on its blockchain, challenging traditional exchanges like Nasdaq.
  • The approach aims to enhance fairness and speed in equities trading by utilizing multiple leaders to validate transactions and avoid order manipulation.
  • Solana's 'Opening Bell' platform allows firms to issue tokenized shares on Solana and Ethereum, with regulatory support from the U.S. SEC Commissioner Hester Pierce.
  • Analysts predict Solana's price could reach $200 as bullish patterns emerge, with recent increases in Solana's market capitalization reaching $90 billion.

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Bitcoinist

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Solana Vs. Ethereum: Banking Group Sygnum Reveals Who Wins

  • Swiss- and Singapore-regulated digital-asset banking group Sygnum sparked debate with its commentary on Solana overtaking Ethereum in the smart-contract platform race.
  • Sygnum acknowledges Ethereum's lead in revenues and adoption but notes a shift in market sentiment favoring Solana.
  • Solana has excelled in fee generation but still lags behind Ethereum in protocol income, creating a two- to two-and-a-half-times gap.
  • Sygnum highlights Ethereum's dominance in institutional adoption, tokenization, stablecoins, and DeFi use-cases.
  • While Solana's narrative is strong and DeFi total value locked has increased, Ethereum's network effects are seen as challenging to overcome.
  • The report suggests that Ethereum's underperformance against Solana has been temporarily halted post its strategic pivot.
  • The analysis refrains from declaring a definitive power shift but recognizes Solana's current perception advantage over Ethereum.
  • Market dynamics may determine whether Solana truly overtakes Ethereum or remains in its shadow in the medium-term.
  • Sygnum's detailed comparison suggests differing strengths and weaknesses between Solana and Ethereum, with each platform having its unique advantages.
  • As of press time, Ethereum traded at $2,344, reflecting the ongoing competition and dynamics between these two prominent blockchain platforms.

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Crypto-News-Flash

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Geopolitical Tensions May Drive Bitcoin Up, Russian Politician Suggests

  • Russian MP predicts that ongoing geopolitical tensions could increase demand for Bitcoin (BTC) and drive the price significantly higher.
  • Following Indian strikes on Pakistan, Bitcoin surged to $103k, with Ethereum (ETH) also rising to $2,350 and Solana (SOL) hitting $172.
  • Bitcoin's role as a safe haven during periods of political and economic uncertainty highlighted by the MP; potential use in international trade deals and dealings related to war.
  • Analyst predicts Bitcoin could reach $200k by year-end, revising earlier projection of $120k; inflow of Bitcoin seen through US Bitcoin Exchange Traded Funds (ETFs).

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Cryptopotato

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Crypto Price Analysis May-09: ETH, XRP, ADA, SOL, and HYPE

  • Ethereum experienced a notable 32% price increase, aiming for $3,000 with $2,400 as a key support level.
  • Ripple saw a 6% price increase reaching $2.3, potentially targeting $3 in the future with the possibility of increased volatility.
  • Cardano closed the week with a 12% price increase, eyeing a breakout towards $1 with $0.9 acting as a significant resistance level.
  • Solana also recorded a 12% price increase, looking to hit $186 with $152 as the support level, on track to reach $200 in the near future.
  • Hype observed a 21% price surge this week, surpassing $21 and aiming for $25 with potential resistance at $24 and $28.

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Zebpay

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Crypto Technical Analysis Report (2) – 9th May 2025

  • Despite short-term correlations with traditional markets, the crypto market has outpaced stocks over the past month and six months, indicating a growing decoupling trend.
  • Bitcoin mining firm MARA Holdings tripled its BTC reserves year-over-year, but saw a decline in production while missing earnings expectations.
  • Bitcoin surpassed $100,000, driven by futures liquidations and political catalysts, reflecting a shift in macro landscape supporting digital assets.
  • Recent legislative developments in the U.S. signal increasing institutional and governmental support for Bitcoin and a maturing regulatory environment.
  • Ether experienced a 20% surge post-Pectra upgrade rollout, triggering significant short liquidations and potential risks to long positions.
  • Institutional staking enhancements post-upgrade could impact Ether's price positively, aligning with historical trends of price spikes following major Ethereum upgrades.
  • Reports hint at U.S.-China trade negotiations easing economic tensions, with incremental tariff adjustments indicating a potential path towards de-escalation.
  • Optimism around trade negotiations fueled market surges, with President Trump's updates and OCC guidance on crypto trading boosting investor confidence.
  • Technical outlooks for Bitcoin, Ether, and SOL indicate potential price movements based on recent candle patterns and support/resistance levels.
  • Market updates include El Salvador's collaboration with Nvidia, Japanese firm Metaplanet's crypto treasury expansion, and the GENIUS Act blockage in the Senate.

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Bitcoinsensus

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Why a Ledger Solana Wallet Is the Smartest Way to Secure Your Crypto?

  • In the world of cryptocurrency, protecting private keys is crucial, and using a Ledger Solana wallet is a smart choice for securing assets like SOL.
  • A crypto wallet stores private keys, not actual coins, and losing these keys means losing access to funds permanently.
  • Software wallets pose risks as they store keys on internet-connected devices, exposing them to malware and phishing attacks.
  • Hardware wallets like Ledger Solana wallets store keys offline, enhancing security and protection against network-based threats.
  • Ledger Solana wallets offer full self-custody, offline key storage, and are backed by real credentials and security features.
  • Ledger Live, the companion app, enables seamless asset management and supports various coins and tokens, including Solana.
  • Ledger wallets are compatible with popular Solana apps, ensuring users can explore the blockchain securely.
  • With advanced security features like a Secure Element chip and genuine checks, Ledger stands out for its protection and transparency.
  • Comparing software wallets to Ledger Solana wallets highlights the offline key storage and enhanced security of the latter.
  • Choosing a secure wallet like Ledger is crucial in the growing Solana ecosystem to protect against scams and phishing attempts.

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TechBullion

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How To Buy Solana Meme Coins, Best Solana Presale May 2025?

  • Solana Meme Coins on the rise in the crypto space, attracting playful projects like dog-themed and pixel-art frog tokens.
  • A guide on early investing in Solana's top presale opportunities for May 2025, discussing the Tesla Phone Pi benefits.
  • Solana's efficient transactions and high speed make it ideal for meme coin operations with price fluctuations.
  • Since 2023, Solana experienced a 700% surge in meme coin transaction volumes, gaining mainstream media attention.
  • Acquiring Solana meme coins involves participating in stealth drops and presales on Solana-based platforms.
  • Tesla Phone Pi rumored to have Starlink connectivity, solar charging, and crypto mining functions.
  • Tesla's potential hardware wallet system with the Tesla Phone Pi may transform decentralized asset interactions.
  • Buyers of Solana meme coins must secure a Solana-compatible wallet, deposit SOL, and connect to a DEX for purchases.
  • Investors are interested in Tesla Phone Pi's potential connection with DEX platforms via Starlink satellite internet.
  • Legitimate Solana presales like SolMunch and Bonkzilla offer opportunities for investors despite associated risks.

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