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SOL price analysts believe in the altcoin’s potential to rally to new all-time highs as a spot Solana ETF is likely to be approved this year. Key takeaways: Spot Solana ETF approval odds jump to 99.7% on Polymarket. A SOL price bull flag is in play on the daily chart, targeting $300. Read more If…
XRP’s price breaks out of a “pennant” with a profit target of around $3.20 amid increasing futures open interest. Key takeaways: XRP breaks out of a “pennant” on the weekly chart, hinting at 40% gains to $3.20. Several positive developments and increasing open futures open interest signal XRP’s ability to break out of consolidation. Read…
SOL rallied after the launch of the REX Shares Solana ETF, but bulls need to hold the price above $160. Key point: The launch of REX Shares staked Solana ETF had a positive impact on SOL price, but trading above $159 would mark the start of a trend change. REX Shares launched the first-ever US-staked…
ETH price has been stuck in a range despite months of steady spot Ether ETF inflows, but this situation could change quickly. Key point: Ether price has been range-bound under $2,500, but ETF flows could change the trend. Ether (ETH) has been range-bound for several days, but institutional investor demand is picking up. Glassnode data…
Grayscale has slowly narrowed the arbitrage opportunities on its crypto trusts by converting them into exchange-traded funds. Asset manager Grayscale received approval from the US Securities and Exchange Commission (SEC) on Tuesday to convert its Digital Large-Cap Fund into an exchange-traded fund (ETF). The fund consists of the five biggest cryptocurrencies by market capitalization featured…
SOL retraced its ETF rally, and with over 14% of supply concentrated at $144, holding this key support is critical to avoid a deeper correction. Key takeaways: SOL’s 5% ETF-driven rally to $160 was reversed entirely within 24 hours, exposing persistent technical weakness on the lower and higher time frames. SOL trades near a key…
Solana’s ETF launch sparks a brief rally, but fundamentals and institutional demand remain weak amid competition. Key takeaways: The Solana ETF launch with staking drew initial excitement, but institutional demand remains muted. Ongoing SOL unlocks, DApp sell-offs, and low network activity weigh against a sustained price rally. Read more If you liked the article, do…
ETF analyst Eric Balchunas says REX Shares’ latest Solana staking ETF filing with the SEC suggests the product is ready launch any day now. ETF provider REX Shares is on the verge of launching the first-ever Solana staking exchange-traded fund (ETF), following what analysts describe as a successful response to feedback from the US Securities…
Emerging markets are not just adopting crypto, they’re redefining it. People in high-friction economies set new standards for the global crypto ecosystem. Opinion by: Youngsun Shin, Head of Product, Flipster Where friction is the highest, previously marginalized users are empowered to utilize crypto as an effective hedge against dollar devaluation. As emerging economies look at…
Analysts are bullish on ETH’s long-term prospects and ETF inflows, but futures data paints a different picture. Key takeaways: Ether drops 4% drop despite ETF inflows, and this shows traders are skeptical about a move back to $3,000. Negative funding and options metrics signal low confidence in ETH’s short-term price strength. Read more If you…