Solana is holding strong at the $70 support level, with analysts predicting a potential rally to $78–$89 if this floor remains intact. However, a breakdown below $70 could indicate renewed selling pressure.
Baillie Gifford has launched the UK's first fully native tokenised fund on Ethereum and Solana, with BNY providing infrastructure and NatWest serving as depositary.
Solana faces market challenges, yet integrating privacy solutions may revitalize its network performance and user confidence.
MoneyGram has officially become a validator on the Solana blockchain, marking a strategic shift from merely using crypto payments to actively supporting network infrastructure. This move reinforces Solana's positioning as a hub for institutional-grade settlements and highlights a broader trend where traditional finance firms integrate directly with public blockchains. While immediate price impacts on SOL may be limited, the development signals growing confidence in high-throughput networks for cross-border remittances and offers traders a concrete fundamental catalyst amidst volatile market conditions.
MyTonWallet has rebranded to My Wallet following its expansion to 11 blockchains, including Solana and Ethereum. The updated wallet features portfolio tracking, an AI agent, gasless transfers, and holds a top-7 CertiK security ranking.
Ethereum faces a sharp decline to $1,650 amid bearish technical indicators, while the newly launched non-profit ETHLABS aims to restore institutional confidence by addressing scalability and compliance issues. Meanwhile, traders eye alternative opportunities like Bitcoin Hyper as ETH struggles to reclaim key moving averages.
Bitcoin dropped 3% to $62,000 amid broader market pressure, yet long positions are increasing, suggesting dip-buying interest. While technical indicators hint at potential further retests below $62K, holding this level could pave the way for a rebound to $66K. Meanwhile, new infrastructure projects like Bitcoin Hyper are gaining traction as traders seek asymmetric upside opportunities beyond direct BTC exposure.
An anonymous whale has opened a high-risk $38.14 million short position on Solana with 20x leverage on Hyperliquid. With a liquidation price just 22.5% above the entry, the trade highlights both the potential for significant bearish sentiment and the extreme risks associated with high-leverage DeFi trading.
Crypto ETFs began the week with caution as Bitcoin and Ether funds saw $134.56M in outflows, though Ark and Fidelity recorded $121M inflows. XRP ETFs continued their winning streak with $5.3M inflows, while Solana and HYPE products had no activity.
This analysis forecasts Solana (SOL) prices from 2026 to 2030, identifying key support at $80 and resistance at $150. Driven by ecosystem growth, DeFi expansion, and potential ETF approvals, SOL could reach $250 by 2027 and potentially $800 by 2030 in a bullish scenario. However, investors must remain cautious of regulatory hurdles, network stability issues, and market volatility.