In Brief Solana has lost nearly 10% in a week, falling to $129 amid rising US-Iran tensions and broad market uncertainty. Key metrics like the Chaikin Money Flow (-0.13) and Elder-Ray Index (-20.74) show strong selling pressure and waning investor demand. If SOL fails to regain $130 support, it risks sliding further to $123. Bulls…
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In Brief On June 21, the team behind the Solana-based TRUMP meme coin transferred $32.8 million worth of the tokens to Binance. Lookonchain reported that this forms part of a broader pattern involving over $150 million in exchange deposits since April. These large, repeated transfers have raised market concerns and has contributed to a 90%…
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In Brief Pi Network’s token, PI, has dropped 10% in a week, continuing its steady decline from its $3 peak in February. The MACD indicator shows deepening bearish momentum, with PI’s MACD line below the signal line. Negative Balance of Power (BoP) indicates strong seller dominance, signaling further downward pressure on PI’s price. Pi Network’s…
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In Brief Crypto exchange Bybit is set to launch its first onchain trading platform, Byreal, on the Solana network. The decentralized exchange is designed to blend centralized exchange performance with DeFi transparency. The testnet for Byreal is scheduled to go live on June 30, with a mainnet launch expected later this year. Bybit, one of…
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In Brief ZKJ and KOGE tokens plunged over 50% on June 15 after their liquidity pools were drained, triggering mass panic selling. KOGE’s USDT pool was emptied, forcing holders to dump into ZKJ, which then collapsed under the pressure. Community outrage grows amid accusations of mismanagement, with a major ZKJ token unlock still looming this…
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In Brief SKY leads RWA altcoins with a 19% gain, driven by adoption of its Maker-based ecosystem and rising market cap near $1.9 billion. PLUME drops 21% as the sudden death of its co-founder shakes investor confidence despite strong backers and a new mainnet launch. CFG jumps 14% in 24 hours after hitting a $1…
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In Brief Stellar (XLM) has dropped 14% in 30 days and is testing support near $0.252 as a death cross signals intensifying bearish momentum. RSI rebounded to 32.63 from oversold levels but remains weak, while ADX rising above 30 confirms a strengthening downtrend. XLM needs to reclaim $0.276 to shift sentiment; failure to hold support…
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In Brief Hedera (HBAR) fell 9% in 24 hours and 25% in 30 days, pushing key indicators into bearish territory and testing critical support. BBTrend at -1.2 and RSI at 22.29 reflect weakening momentum and deep oversold conditions, signaling a possible rebound or further slide. HBAR must hold the $0.153 level to avoid a breakdown…
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In Brief Roman Storm, Tornado Cash founder, claims the DOJ is blocking his expert witnesses ahead of his July 14 trial. The DOJ dismissed five of his six witnesses, criticizing their relevance to the case. Storm’s legal team is facing challenges in defending Tornado Cash amid ongoing scrutiny and accusations of aiding North Korean hackers.…
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In Brief SEC may soon approve a Solana ETF, with issuers reportedly asked to update S-1 forms within 30 days, signaling potential approval. Solana’s price surged by over 4.5% as optimism about ETF approval increased, especially within the Polymarket community. While Solana’s ETF prospects have gained traction, other altcoin ETFs, such as XRP, saw only…
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