Tag: Solana

The Solana rally is at risk of the appearance of a fleeting bearish star in the daily chart

[ad_1]

  • The rebound of 40% of Solana from $ 95.23 faces the threat of a fleeting star candle.
  • Technical data shows a bullish MacD but a fragile impulse with a key support of $ 125– $ 128.
  • Macroeconomic pressures and competition test the capacity to sustain the impulse of $ 147.60.

The price of Solana has risen 40% since a minimum of one year of $ 95.26 registered in Binance last week, reaching $ 131.32 on April 15, 2025.

This price increase, a large part of which occurred in the last week, has lit the possibility that Solana (Sol) will recover from its three -month bearish trend.

What is behind the current Increase in Solana prices?

One of the key factors promoted by the current price of Solana is the expected launch of the first ETF from Solana to the Cash in Canada with Staking Capacity.

These ETFs, approved by the Ontario Securities Commission, will allow investors to obtain rewards through staffing, thus promoting the demand for sun. In addition, the solid activity of NFT in the integrations of Solana and Web3 also supports its ascending trajectory.

Last but not least, the support of risk capital to Solana -based projects underlines solana’s long -term attraction despite market volatility.

Technical analysis of the Price of Solana

After the current price increase, Solana has exceeded a three -month descending wedge. However, yesterday a fleeting star candle formed in the daily chart, indicating possible problems for this rebound. This bearish pattern, which arose after Sol reached $ 134.19, suggests a rejection and possible setback. The 50 -day exponential (EMA) mobile average, at $ 136, now acts as a short -term dynamic resistance, which, if overcome, could prepare the land for an important bullish trend.

Meanwhile, the EMA of 20 days, at $ 124.28, offers support, maintaining the long -term upward trend. The RSI, in 54.12, reflects a slight optimism, but lacks a strong impulse to confirm a break.

Solana price prediction

Solana’s ability to maintain her bullish impulse faces significant obstacles. Macroeconomic pressures, including geopolitical risks and speculation about the US Federal Reserve policies, affect risk assets such as cryptocurrencies.

In addition, the competition of the new layers of layer 1 blocks, such as SUI and suitable, tests the Solana market share. Likewise, the problems of congestion of the network of the past, although less frequent, still persist in the minds of investors.

And although the price/performance ratio/ETH yet recently shot up to 8.1%, which highlights Solana’s relative strength, Ethereum’s low performance may not persist for a long time.

Technical indicators have a mixed panorama for the short -term trajectory of Solana. A MACD bullish crossing, with the blue line overcoming the orange signal line, hints at a growing buying force, with growing green histogram bars that reinforce this short -term buying pressure.

However, the appearance of the fleeting star near the resistance of $ 134.19 generates concern for exhaustion. A rupture below the immediate support of $ 125- $ 128, which has been tested several times recently, could drive Sun towards the psychological level of $ 100, a 50% setback from its 2023 rebound.

However, if buyers defend $ 125 and the macroeconomic feeling improves, an impulse towards the resistance of $ 147.60 is possible. However, without a decisive bullish catalyst, consolidation between $ 125 and $ 145 seems likely.

The post The Solana Rally is at risk of the appearance of a fleeting bearish star in the Appeared First On coinjournal graphic.



[ad_2]

https%3A%2F%2Fcoinjournal.net%2Fes%2Fnoticias%2Fel-rally-de-solana-esta-en-riesgo-ante-la-aparicion-de-una-estrella-fugaz-bajista-en-el-grafico-diario%2F

Solana falls 13% below $ 115 while Bitcoin and Ethereum fall

[ad_1]

  • The Price of Solana (Sun) dropped 13% to about $ 110 and could collapse to the key support.
  • Bitcoin and Ethereum have also fallen, with BTC near $ 81,000 and ETH around $ 1,700.
  • Tariff concerns continue to determine the performance of the risk market.

The cryptocurrency market suffered a sharp fall on Thursday, April 3, 2025, with Solana (Sun) collapsing 13%, below $ 115, which caused the bulls to risk a fall to the psychological level of $ 100.

The strong fall of Sol coincided with the general collapse of the market, which also placed Bitcoin (BTC) near the $ 81,000 and Ethereum (ETH) around $ 1,700.

A domino effect on the main risk assets, including cryptocurrencies, has generated concern, since investors are reluctant to the latest tariff ads. With BTC and ETH leading the fall of the main Altcoins, market confidence has quickly changed in the last 24 hours.

In particular, analysts claim that it is likely to be playing background, and that macroeconomic pressures and chain activity could catalyze a new bullish impulse.

Solana collapses 13%, but is it mature for a rebound?

Coinglass data show That Solana’s open interest has fallen 7%, to 4,630 million dollars. In addition, market data show a strong price drop of more than 13%, which places Sol below $ 115. The Altcoin reached minimum of $ 112 in the middle of the massacre that also deleted billions of dollars from the global cryptocurrency market.

With open interest, the fall suggests greater suffering, since a fall usually precedes corrections. If the operators look for lower entry points, the Solana price could fall again.

However, the daily graph shows Sol in oversight territory, with the RSI and MacD indicators becoming bassists in recent days. Solana pricing graph of TrainingView

Broader market prospects

The generalized collapse of the cryptocurrency market occurred when investors reacted to the announcement of tariffs of President Donald Trump, which affected almost 200 US commercial partners.

As Cryptoquant analysts pointed out in X the reaction caused a drop in the price of BTC from more than $ 88,000 to about 81,000. In fact, 2,500 BTC moved in a single block operation, with important entries to Coinbase. Cryptoquant highlights the rapid change of feeling in the midst of collapse.

Kobeissi Letter pointed out that macroeconomic concerns around tariffs promoted mass sale. In an X post, the market analysis platform indicated that the S&P 500 lost more than 2 billion dollars in the day of April 3.

“The S&P 500 has lost more than 2 billion dollars today and Russell 2000 is in bassist territory,” the platform analysts published.

“The Nasdaq 100 is just 2 % of entering its first bearish market since 2022. A truly historical day in the market.”

The 13% drop in Solana reflects the disappointment of the entire market, and it is likely that BTC and ETH provide more resilience or imminent collapse tests.

The Post Solana falls 13% below $ 115 while Bitcoin and Ethereum fall appeased first on coinjournal.

[ad_2]

https%3A%2F%2Fcoinjournal.net%2Fes%2Fnoticias%2Fsolana-cae-un-13-por-debajo-de-los-115-mientras-bitcoin-y-ethereum-caen%2F

CBOE presents the 19B-4 application to include the Solana ETF proposed by Franklin Templeton

[ad_1]

  • CBOE has submitted the application to quote Franklin Templeton’s ETF Solana
  • The ETF Franklin Templon Solana aims to follow the sun’s price
  • Solana (Sol) reached $ 129.60 after the presentation, but fell to $ 123.71 amid a broader fall in cryptocurrencies.

The BZX CBOE Stock Exchange has submitted the 19B-4 application before the US stock and securities commission.

Proposed by Franklin Templeton, the application It was presented on Wednesday, March 12, 2025. It should be noted that Franklin Templeton, a global investment giant that manages more than 1.5 billion dollars in assets, presented its initial proposal For the ETF less than a week ago, which reflects the growing interest in cryptocurrency -based funds among traditional financial institutions.

The proposed ETF of Franklin Templeton Solana

The ETF Solana proposed by Franklin Templeton seeks to replicate the spot price of sun, the native cryptocurrency of a blockchain known for its high -speed transactions and its popularity among the developers of MEME coins.

Franklin Templeton’s incursion in Solana occurs after a competitive wave of similar applications of companies such as Grayscale Investments, Canary Capital, Bitwise, 21Shares and Vaneck, all of them interested in launching ETFs Solana Spot. The SEC has already opened periods of public consultation for several of these proposals, indicating a cautious but active evaluation process.

The impulse of Funds Solana highlights a change beyond Bitcoin and Ethereum, which have dominated the ETF market with almost 100,000 million dollars and 2.5 billion dollars in assets, respectively.

The ETFS of Ethereum Spot, although less explosive than their Bitcoin counterparts, have attracted important tickets since its launch eight months ago, setting a precedent for Altcoins funds such as Solana.

Unlike direct cryptocurrency property, ETFs offer a family investment vehicle for institutional and retail investors, which could boost a broader adoption.

The SEC has 240 days to review the presentation

The CBOE application begins a 240 -day review period during which the SEC must decide whether to approve or denied the application. This period places the decision by the end of 2025, possibly in line with a broader wave of Cryptocurrency ETF approvals.

The application underlines Solana’s growing attraction, despite the fact that its recent price is around $ 124 (below its historical maximum) amid a two -month drop in the cryptocurrency market.

It should be noted that this is not Franklin Templeton’s first foray into the world of cryptocurrencies. The firm began exploring digital assets in 2019 digitizing the actions of a money market fund in the Stellar blockchain, followed by a digital asset risk capital fund in 2021.

Bitcoin and Ethereum operates ETF, which demonstrates their growing experience in this sector. The proposed Solana ETF could further diversify Templeton’s offer, taking advantage of an avid market regulated to Altcoins.

Solana price reaction

Despite experiencing a slight rebound to an intradiary maximum of $ 129.60 after the presentation of the application of CBOE, Solana (Sol) retreated shortly after to $ 123.71 at the close of this edition, 39% less than in the last month.

The price of Solana remains well below its maximum of January, affected by the general collapse of cryptocurrencies and the decrease in enthusiasm around the meme coins based on their blockchain.

However, the presentation of the ETF of Solana suggests confidence in its long -term potential, especially as a scalable platform for decentralized applications. If approved, the ETFs of Solana could inject fresh capital and stability in the Solana ecosystem, reflecting the transforming effect that Bitcoin ETF had in that market.

Share-This-Article
Categories
Tags

[ad_2]

https%3A%2F%2Fcoinjournal.net%2Fes%2Fnoticias%2Fcboe-presenta-la-solicitud-19b-4-para-incluir-el-etf-de-solana-propuesto-por-franklin-templeton%2F

Bitcoin Pepe, BTC and Solana

[ad_1]

The main cryptocurrencies, including Bitcoin, are still under pressure in the middle of a feeling of neutral market. However, revolutionary projects within the sector are thriving as smart investors look for cheaper alternatives with great growth potential.

Bitcoin Pepethe first ICO of Memes in the Bitcoin Network, has captured the attention of cryptocurrency enthusiasts, exceeding one million dollars in the first 6 hours of their presale. Its first users recognize that their unique approach to merge the culture of memes with the speed of Solana and Bitcoin’s security will produce great returns before its launch in the second quarter of 2025.

Bitcoin’s price will remain within a range in the middle of a neutral market feeling

Bitcoin’s price It has remained in consolidation, quoting in red for the third consecutive week. With a fear and greed index of 47, which points to a feeling of neutral market, the main cryptocurrency can remain within a range in the absence of a short -term key catalyst.

In the short term, the range between the support level of 93,500 dollars and the resistance zone of $ 100,95.95 is still worthy of attention. In fact, below this range, this thesis will not be valid. If they manage to break the current resistance, the bitcoin bundles will have their eyes on the next target at 102 954.12.

Bitcoin Pepe’s unique growth factor positions it as the fastest growing ICO of 2025

Bitcoin Pepe, the first ICO of Memes in the Bitcoin Network, has already raised more than 1.7 million dollars in the first 48 hours of its presale. In fact, this is the field of play that memecoins enthusiasts have desired.

On the one hand, Bitcoin is highly valued as the main alternative to the diat currency. In addition, it is considered a safe refuge and a coverage against inflation.

While its proof-of-work (POW) system guarantees the unmatched security of Bitcoin, it results in a slower transaction speed of up to 60 minutes. In comparison, approximately 0.5 seconds are needed to complete a transaction in Solana and up to 65,000 transactions are processed in a second.

Bitcoin Pepe has merged both while driving the culture of memecoins; A trifactor who has captured the attention of cryptocurrency enthusiasts. The project takes advantage of Bitcoin’s security and the super speed of Solana while integrating the culture of ultrapopular memecoins.

It is this ideal configuration that has aroused immense interest among cryptocurrency enthusiasts. Amid the increase in fear of missing some money (FOMO), intelligent investors understand that the current price of $ 0.0232 can be the lowest for Token BPEP in the future.

It is currently in stage 3 of the 30 total stages of its road map by 2025, which also includes the launch of a decentralized (DEX) and an L2 bridge. As these advances achieve, their value will shoot. As such, this is the best opportunity for cryptocurrency enthusiasts to accumulate some BPP tokens. Buys Bitcoin Pepe here.

Solana’s price will need a constant rebound to ratify the reversal of the trend

The Price of Solana It is aimed at its fourth week of losses despite the recent rebound that affected the main cryptocurrencies. While the sale pressure can continue to be an obstacle in the short term, the improvement of the feeling of the market can reverse its difficult situation, since it takes advantage of its super speed and its low transaction rates.

Meanwhile, the bulls are eager to defend the support in $ 186.21. On the positive side, an additional impulse can make resistance in $ 206.48. However, a rebound beyond $ 215.70 to seal a reversal of the trend.

Share-This-Article
Categories
Tags

[ad_2]

Exit mobile version