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Solana News
TronWeekly
1w
306
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Solana Bullish Breakout: Will ETFs Push Prices Beyond $200?
- Solana has broken its 30-day downtrend and is targeting key resistance levels for potential further growth.
- A break above $159-$167 resistance could push Solana’s price towards $180-$200.
- The approval of Solana’s Spot ETFs raises concerns over demand, similar to Ethereum’s slow ETF uptake.
- Bullish sentiment surrounds Solana as it rebounds impressively, with potential for a significant rally. Traders are closely monitoring resistance levels to gauge future price movement.
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Newsbtc
1w
142
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Solana Forms Bullish Flag On Daily Chart — Breakout Imminent?
- Solana is showing strength with the formation of a bullish flag pattern on the daily chart, suggesting a potential breakout.
- Analysts suggest that Solana could rally towards the $168 to $174 zone after a Cup and Handle breakout on the 4-hour chart.
- On the weekly chart, Solana is forming a wedge pattern that could lead to a significant move, with a realistic target of $300 according to some analysts.
- Maintaining positions above key levels, such as the downtrend line on the 4-hour chart, could accelerate Solana's upward momentum, potentially targeting $700+ according to certain analysts.
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Crypto-News-Flash
1w
365
Image Credit: Crypto-News-Flash
Crypto Markets Brace as $484M in Tokens Unlock Across SUI, OP, SOL, AVAX & DOGE
- Over $484 million worth of tokens are set to unlock this week across various cryptocurrencies, leading to concerns about potential price fluctuations.
- Notable tokens with significant unlocks include SUI with $125.39 million, NEON with 22.51% of its circulating supply, and KNMO with a release representing 10.41% of its supply.
- Daily unlocks are also expected, with Solana releasing $70 million, Dogecoin unlocking $16 million, and smaller amounts from tokens like AVAX and TIA enhancing selling pressure.
- Investors are advised to exercise caution during these token unlock events, as they historically lead to increased selling pressure and potential price drops in the crypto market.
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Bitcoinist
1w
33
Image Credit: Bitcoinist
XRP, Solana, Cardano Multi-Asset ETF Approval Highly Likely This Week: Expert
- The US SEC is in the final review phase of Grayscale Investments' bid to convert the $760 million Digital Large Cap Fund (GDLC) into an ETF, which includes Bitcoin, Ethereum, XRP, Solana, and Cardano.
- ETF Store president Nate Geraci believes there is a high likelihood of approval for the conversion, which could pave the way for individual spot ETFs for XRP, Solana, Cardano, and others.
- The SEC has already approved spot Bitcoin and Ether ETFs, and analysts suggest that the limited exposure to XRP, Solana, and Cardano in the GDLC could receive approval as well due to their small weights in the fund.
- If approved this week, the GDLC would become the first US spot ETF providing regulated exposure to XRP, Solana, and Cardano, offering real-time surveillance data to the SEC for potential future decisions on standalone XRP, SOL, and ADA funds.
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Crypto-News-Flash
1w
176
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Chainlink Rallies on Ecosystem Growth With 12 New Integrations—Is $30 LINK Next?
- Chainlink has announced 12 new integrations, including Optimism and the Astar Network, in a move signaling ecosystem growth.
- Analyst Henry Lord predicts Chainlink could reach $30 after a period of sliding prices, citing an accumulation and consolidation phase.
- Chainlink recently partnered with Mastercard to enable crypto access for over 3 billion cardholders globally, supported by key players like Swapper Finance and Shift4 Payments.
- Despite a recent marginal drop in prices, Chainlink has seen a 11% increase in the last week and is currently trading at $13.28, with potential resistance levels at $19.67 and an optimistic target of $30 according to Henry Lord.
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Newsbtc
1w
319
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Analyst Says Buying This Meme Coin Is A 3X Leveraged Play If Solana ETFs Go Live
- Crypto trader Unipcs has identified BONK meme coin as a potential high-reward play as Solana's price recovers.
- Unipcs turned $16,000 into over $10 million with a long BONK trade and continues to hold the position.
- The analyst views BONK as a 3X leveraged bet on Solana, historically outperforming Solana's gains due to its volatile nature.
- BONK's bullish outlook is further supported by the anticipation of a Solana ETF approval and its own pending ETF filing, making it an attractive investment in the current market.
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TronWeekly
1w
33
Image Credit: TronWeekly
Solana (SOL) Eyes $327 as Analyst Predicts Major Breakout
- Solana (SOL) is showing signs of a major rally after consolidating for over 546 days between $105 and $138.
- Analyst predicts potential breakout for SOL with price targets at $248, $289, and $327, as bullish momentum continues.
- Optimism surrounds SOL's upward potential as it eyes $327, driven by staking opportunities on the Solana network.
- Reaching above $250 would mark a significant breakthrough for SOL, with further targets set at $289 and $327, and a long-term possibility of $500.
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Livebitcoinnews
1w
12
Image Credit: Livebitcoinnews
Solana Staking ETF Set to Launch “Any Minute Now” as SEC Clears Path for REX Shares
- REX Shares is set to launch the first-ever US Solana staking ETF ($SSK) in the US.
- The ETF will generate yield for investors through on-chain staking, potentially marking a significant milestone for Solana and the crypto industry.
- The SEC has cleared the path for the ETF launch, with regulatory issues seemingly resolved, indicating imminent approval.
- This innovative staking ETF by REX Shares could revolutionize how digital assets are offered to investors and could set a new standard for yield-generating crypto funds under U.S. law.
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Livebitcoinnews
1w
67
Image Credit: Livebitcoinnews
SEC Clears Path for Ethereum, Solana Staking ETFs
- SEC has approved new crypto ETFs that include staking, potentially boosting trust and attracting institutional investors.
- REX-Osprey SOL+Staking ETF plans to introduce Solana staking to mainstream funds.
- Grayscale and other major firms are following suit, pointing towards broader adoption of staking ETFs.
- The SEC's decision may lead to increased activity on Ethereum and Solana blockchains, with more investments flowing in for staking rewards.
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Cryptoticker
1w
299
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Should You Buy Solana Now Before It Pops?
- Solana (SOL) price is showing signs of a rebound, climbing past recent resistance levels.
- The daily chart indicates SOL trading around $151.33 with a 3% gain, finding support near $120.
- Fibonacci retracement levels suggest potential resistance at $152.50 and a move towards $160 and $180 if broken.
- The RSI is trending upwards at 52.68, signaling a potential bullish scenario for SOL's price.
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18 Likes
TheNewsCrypto
1w
185
Solana Price Analysis: Can SOL Reach $300 or Will Ozak AI’s $1 Target Hit First?
- Solana (SOL) and Ozak AI (OZ) are two prominent projects in the crypto space, with investors assessing their potential for significant growth in 2025.
- Solana (SOL) is currently trading at $140, facing a bearish market structure, and aiming to surpass its all-time high of $294.33 may require breaking significant resistance levels.
- Ozak AI (OZ) is an AI-powered DeFi project focusing on predictive analytics for financial markets, with a scalable decentralized architecture and strong investor interest in its presale priced at $0.005.
- While SOL is a solid player, Ozak AI's potential for exponential gains in the short term is highlighted by its AI utility, presale pricing, and scalable infrastructure, making it a strong contender to reach $1 before SOL hits $300 in 2025.
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Bitcoinist
1w
156
Image Credit: Bitcoinist
Bitwise Updates Spot Dogecoin ETF Filing: Will A DOGE Approval Come Before An XRP ETF?
- Bitwise has updated its spot Dogecoin ETF filing, increasing optimism for its potential approval by the SEC.
- The amended filing includes in-kind creations and redemptions, a mechanism that allows authorized participants to trade shares using DOGE directly.
- 21Shares and Grayscale have also filed for Dogecoin ETFs, with the SEC potentially providing feedback to prospective issuers.
- Although the likelihood of an XRP ETF approval before DOGE remains higher due to factors like a regulated futures market for XRP, both ETFs have a final SEC deadline of October 17 for potential approval.
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Bitcoinsensus
1w
220
Image Credit: Bitcoinsensus
Solana Price Prediction: Next Move Set to Shock Traders?
- Solana (SOL) is currently trading around $150, reacting to a daily supply zone and showing a bullish long-term structure with a possible pullback target at $120.
- The movement of Bitcoin is expected to influence whether Solana breaks higher or retraces in the near future.
- Short-term predictions suggest a potential move back towards $145 if the current supply is rejected, or targeting the next supply zone around $156-$158 if consolidation leads to a push higher.
- Despite the analysis provided, it's important to note that markets operate on probabilities, with scenarios presented rather than definite predictions.
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Livebitcoinnews
1w
339
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Robinhood Expands Crypto Derivatives with Micro XRP and Solana Futures
- Robinhood has expanded its crypto trading offerings by introducing micro futures for XRP and Solana, along with a micro version of its existing Bitcoin Friday futures.
- These new micro futures contracts cater to cautious traders by allowing them to manage risk with smaller contract sizes, requiring less upfront money compared to regular futures.
- XRP demand has increased as futures and ETFs attract investors to regulated crypto tools, with Robinhood aiming to grow its crypto derivatives business by making trading accessible to everyone.
- This expansion by Robinhood with XRP and Solana micro futures aligns with a broader trend in the crypto market where platforms are introducing new products like futures and ETFs to cater to a growing interest in cryptocurrencies.
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Crypto-News-Flash
1w
247
Image Credit: Crypto-News-Flash
Robinhood Unveils Micro Futures for XRP and Solana Traders
- Robinhood has introduced micro futures contracts for XRP and Solana, aiming to provide more accessible options for retail traders interested in crypto derivatives.
- These micro futures have lower margin requirements and are cash-settled, offering traders exposure to assets like XRP and Solana without direct ownership.
- In addition to launching new products, Robinhood is enhancing its trading platform with pro-level tools like a trading ladder feature, demonstrating its commitment to cater to a broader range of traders.
- The expansion into micro contracts aligns with Robinhood's larger strategy, which includes proposals for tokenized real-world assets, a prediction market integration, and the recent acquisition of Bitstamp, positioning the platform as a comprehensive financial super app.
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