Tags: solana

The outflows witnessed by short-Bitcoin products indicated reduced trader confidence in a Bitcoin price decline.

Spot volume on exchanges dropped 80% after December 2024 highs, showing a lack of market appetite for ETH.

XRP ended an 80-week inflow streak despite strong overall digital asset performance.

While sentiment recovered in Ethereum, Solana saw $0.89 million in outflows over the past week.

Unichain has witnessed over a 3,000% increase in its active addresses over the past 30 days.

Ethereum is likely to perform better than Solana during this bull market, according to the BiMEX co-founder. 

Solana, Nexplace, USDT, and Chainlink, among others, are trending due to their recent growth, development, and institutional adoption.

BNB Chain’s $3.22B DEX volume marks its best day in three months, despite still trailing far behind its $12.99B all-time high.

While BTC grabbed $867 million of last week’s $882 million crypto inflows, ETH struggled with just $1.5 million despite a recent price surge.

Only 97,000 of 7 million analyzed Solana tokens maintained $1,000+ liquidity, showing how few survive the initial pump phase.

Crypto markets face a $389 million supply shock this week as projects unlock tokens, with Solayer’s $86 million release leading the deluge.

A bullish SOL cup and handle pattern has formed on the price chart. Meanwhile, Solana is moving to tokenize stocks on the blockchain while ETF issuers are applying to trade SOL on Wall Street.