In this video I break down the current short term price action for Solana to determine if the recent move is a genuine reversal or a bear market trap. I analyze the ongoing three wave structure and identify the critical support levels that must hold to keep any bullish scenario alive. Video by More Crypto Online.
"New to trading? Try out iqoption for free educational materials, a risk-free demo account, and a low minimum deposit($20). Start your journey in the financial markets now!"
Learn more >>
Solana (SOL) is trading at approximately $94.30 following an exceptionally volatile week that pushed the token up nearly 25% over the past seven days. While the token is undergoing a brief intraday cooling of 1.3% due to a broader crypto-market pullback, it remains one of the market's strongest technical breakouts this month.
Visit Trading Platform >>
Insights Today
1. Macro Liquidity and Policy Tailwind - The broader crypto rally was ignited a few days ago when the U.S. Treasury doubled its long-end bond buybacks from $2 billion to $4 billion. This step injected unexpected liquidity into global markets, elevating risk appetite across the board. Additionally, political momentum swelled as calls grew in Washington to advance the Digital Asset Market Clarity Act.
2. Institutional Real-World Asset (RWA) Milestone - The network achieved a major fundamental milestone as the value of RWAs tokenized on Solana crossed $4 billion, setting a new all-time high. The fastest-accelerating subsector is tokenized public equities, where Solana has captured an overwhelming 97% share of all on-chain spot volume to date.
3. High-Stakes Governance & Disinflation Vote - Today, the Solana network officially entered epoch 1021, kicking off a pivotal live governance vote on its core constitution and tokenomics. The proposal weighs accelerating Solana's disinflation schedule, which could potentially prevent the issuance of 18.9 million additional SOL over the next six years. If passed, this reduction in long-term supply could permanently alter staking yields and lower future token dilution.
4. Technology Upgrades on the Horizon - Anticipation is building around Solana's upcoming core upgrade, Alpenlow. The upgrade aims to fundamentally restructure consensus by removing Proof of History from the active voting path and migrating validator votes off-chain. Developers project this will slash full finality times down from ~12.8 seconds to a blistering 100–150 milliseconds while freeing up immense block space for decentralized applications.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple!
Learn more >>
