Solana Beach priceSOLANA

Hyperliquid's 24H fees only slightly below BNB's, and is more than half of Solana's (Source: @artemis). Still #33 by market cap on Coingecko.

Futures volume for $BTC, $ETH, $XRP and $SOL surges According to Glassnode on X, futures volume for major crypto assets spiked over the past week, reversing a month-long decline. Bitcoin (BTC) rose 64%, Ethereum (ETH) and Solana (SOL) 58% and XRP 78%.

$SOL just bounced back from its multi-year support trendline. Last time Solana retested this was in Q3 2023, and SOL pulled 1,000% after that. Will something similar happen again?

The crypto market showed signs of life Tuesday, bouncing back after sharp sell-offs over the previous two days. Bitcoin (BTC) led the recovery by reclaiming ground above $79,000, while major altcoins posted stronger percentage gains. The total crypto market cap jumped 6.11% to $2.62 trillion. However, Bitcoin dominance also climbed to 62.7%, signaling BTC captured a large share of the rebound’s value, potentially hindering chances for a broad altcoin rally near-term. Bitcoin itself reached a daily high of $81,000 but struggled to hold above $80,000, trading near $79,200 at press time with a 7% 24-hour trading volume increase. Related: Engineered Recession Response? Theory Swirls as Tariffs Send Markets Reeling Bitcoin’s Relative Strength Index (RSI) reads near 39.02, indicating continued weak momentum, with the chart suggesting short-term consolidation. The price hovers near the lower Bollinger Band support ($78,579) and faces significant resistance at the middle Band ($83,728). Holding above $78,500 is key; a break below risks further declines. Solana surged 13% over 24 hours, trading near $108.80 and reclaiming the $100 level. However, SOL faces immediate resistance at its 20-day Exponential Moving Average (EMA) around $122.81. Reclaiming this level is necessary for further upside. The MACD indicator remains bearish after breaking below its signal line during the recent crash. Holding above $100 is critical. Cardano climbed over 12% in the past day to trade near $0.5841, boosted by a 31% volume surge. The daily chart’s Accumulation/Distribution metric shows significant buying interest since last November. ADA needs to hold above the lower Bollinger Band support near $0.5760. If successful, a retest of the middle Band around $0.6755 is possible. A breakdown below $0.5760 risks losses towards $0.40. Dogecoin traded near $0.1492, up 13% over 24 hours. The popular memecoin faces key resistance at its 20-day EMA near $0.16838. Bulls need to reclaim this level to potentially target $0.20. Related: Signal vs Noise: Analyst Categorizes Post-Crash ‘Crypto News’ by Market Impact Level The MACD confirmed a bearish divergence during the recent sell-off, meaning a reclaim of the EMA is needed to reverse the bearish signal. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

🐋A Solana whale shows interest in Fartcoin as token surges! 📈 One particular whale with address "2QcJD" exchanged a total of 17,516 $SOL for 3.28M FARTCOIN over the last 8H. 🔄💰 📌Fartcoin experienced a 17% surge in the last 24H.