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Solana (SOL) has climbed 10% in the past week, buoyed by bullish technical signals. Trading within an ascending parallel channel and supported by a positive Elder-Ray Index, SOL sits just below a key resistance level at $186.52, with the potential to push past $190 if buying momentum persists.
It is expected that the overall ecosystem will continue to mature, and ultimately, using proxies will become the mainstream way of financial participation.
Ethereum’s recent rally past the $4,000 mark has crushed short sellers and attracted renewed institutional interest, driving futures open interest higher. Holding strong support near $3,909, ETH could push toward $4,430 resistance and possibly retest its all-time high, provided buying momentum continues.
After a quiet week, crypto whales have seized the moment to build positions in key altcoins. Ethereum leads the pack with strong accumulation pushing it above $4,000. Meanwhile, meme coin PEPE and Mantle have also attracted large investor interest, signaling bullish prospects ahead.
- 03:14Project Hunt: Solana ecosystem governance project MetaDAO was the most unfollowed project by Top figures in the past 7 daysChainCatcher news, according to tracking data from the Web3 asset data platform RootData X, in the past 7 days, the Solana ecosystem governance project MetaDAO was the project unfollowed the most by X (Twitter) Top figures. Influential X personalities who newly unfollowed this project include well-known crypto trader Ansem (@blknoiz06), Mr. Block (@mrblocktw), and prominent KOL 0xSun (@0xSunNFT). In addition, other projects most unfollowed by X Top figures include Billions and LAB.
- 03:14Bitget has launched the USDT-margined RECALL perpetual contract with a leverage range of 1-50x.According to ChainCatcher, an official announcement states that Bitget has launched the USDT-margined RECALL perpetual contract, with a leverage range of 1-50x. Contract trading BOT will be opened simultaneously.
- 03:14Solana ranks first among all chains with a 24-hour DEX trading volume of $6.16 billion.According to ChainCatcher, Solana ranked first among all public blockchains with a 24-hour decentralized exchange (DEX) trading volume of $6.16 billions, surpassing Ethereum and other major blockchains.