Tags: Solana

Crypto investors pour billions into Ethereum, Solana, XRP, while Sui bucks the trend.

This week’s $453M release forms part of $4.7B in scheduled September unlocks, a pace that could keep volatility elevated across majors.

Hyperliquid already dominates DeFi perps, yet its token valuation remains discounted.

Solana briefly broke February resistance as retail commentary turned overwhelmingly bullish.

Allmight’s Kevin Ricoy blasted the Solana Foundation, calling it elitist and urging a shutdown date to redirect funds to grassroots builders.

SOL has formed an ascending triangle over 36 days, with analysts eyeing a breakout above $207 that could fuel a major rally.

Sui tops unlocks with $161M (1.2% supply), while SVL is set to release nearly 19% of its supply worth $37M.

Sui sits at $3.45, down 35% from January highs. Critics cite weak traction, while Pal insists adoption is accelerating.

Year-to-date inflows show Ethereum capturing 26% of total assets under management, compared with Bitcoin’s 11%.

Despite reports of insider dumping and retail losses, DeFiLlama data shows YZY mania boosted Meteora’s fees to $16 million.

Hayes believes that once Ethereum convincingly clears its ATH, momentum could snowball, with crypto firms raising funds to pile in.

The launch was paired with announcements of Ye Pay, a payment processor, and the YZY Card, a debit solution.

Bitcoin led profit-taking with $1.5B realized in July, its largest event since December 2024, according to Glassnode.

Spot crypto ETF approvals could surge in coming months, with XRP, SOL, and LTC products among the likely candidates.