Solana Approaches Key Breakout Level Amid Weak Sentiment and Mixed Engagement Dynamics
- On May 15, 2025, Glassnode reported that Solana shows a trend reversal with 30-day capital inflows turning positive after months of outflows.
- This shift follows a period of heavy outflows amid a broader crypto market downturn influenced by Bitcoin's stalled dominance and a Coinbase security breach.
- Solana's inflows are growing at about 4–5%, matching XRP's growth rate, yet the token fell 4% over 24 hours to around $167 amidst overall market pressure.
- CEO Brian Armstrong confirmed hackers exploited Coinbase systems, demanding $20 million in Bitcoin ransom, which the exchange refuses to pay while pursuing legal action.
- The positive inflows indicate renewed investor interest in Solana, but near-term price gains remain uncertain due to ongoing market volatility and concentrated Bitcoin capital.
11 Articles
11 Articles
Solana Approaches Key Breakout Level Amid Weak Sentiment and Mixed Engagement Dynamics
The post Solana Approaches Key Breakout Level Amid Weak Sentiment and Mixed Engagement Dynamics appeared on BitcoinEthereumNews.com. Solana nears a key breakout level, but weak sentiment and low engagement cloud bullish momentum. Solana forms a cup-and-handle pattern, while traders maintain a strong long bias on Binance. Sentiment and social metrics remain weak, signaling cautious interest despite bullish technicals. Solana is experiencing mixed…
Solana Metrics Shifting: Realized Cap Steady Outflows Slow Down As Market Sentiment Improves - Coin Surges
After surging significantly in the last few days, Solana, one of the leading digital assets, is slowly facing growing bearish pressure, raising concerns about an extension of the recent pullback to key support levels. Solana’s price may be declining, but the market continues to show strength as several crucial on-chain metrics are starting to turn bullish again. A Notable Reversal In Solana Realized Cap Solana’s waning price movements, triggered…
Solana Metrics Shifting: Realized Cap Steady Outflows Slow Down As Market Sentiment Improves
After surging significantly in the last few days, Solana, one of the leading digital assets, is slowly facing growing bearish pressure, raising concerns about an extension of the recent pullback to key support levels. Solana’s price may be declining, but the market continues to show strength as several crucial on-chain metrics are starting to turn bullish again. A Notable Reversal In Solana Realized Cap Solana’s waning price movements, triggered…
Solana Targets $262 as Analyst Spots Cup and Handle Bull Pattern
Solana bounces back to $172 as traders set their sights on $262. A breakout from a rounding bottom pattern and strong futures market data are fueling bullish momentum. Solana’s move above the $170 mark signals a strong resurgence in buying pressure. Bulls are now eyeing the key psychological level of $200. Could a breakout in SOL lead to a new all-time high? Solana Price Analysis Targets $262 Solana is currently trading at $172, up 1.75% today a…
Solana faces major battle at $180 resistance: Can SOL rewrite history?
Solana capital inflows are returning as its realized cap outflows fade. SOL is testing the $180 supply zone, with a breakout potentially pushing it toward the $200 psychological level. Solana [SOL] has started flashing bullish signals again after months of outflows. A closer look at on-chain data shows that capital is returning. According to Glassnode, SOL’s 30-day Realized Cap inflows flipped positive, now growing by 4–5%. This places SOL along…
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