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JUST IN: First Solana ETFs to Launch in The US TomorrowThe highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions is set to debut its First Spot ETFs in the US tomorrow. Price of Solana ( CRYPTOCAP:SOL ) surged 5% today amidst Solana ETFs set to to be launch tomorrow. A news that made Solana reclaim the $130 zone. With build-up momentum and RSI barely overbought at 53 CRYPTOCAP:SOL is set to break the 38.2% Fibonacci retracement point a level that aligns with $150- 160. A break above this pivot point could send solana on a bullish course with eyes set on the $200- 270 price points. Similarly, in the case of a reprieve, CRYPTOCAP:SOL might find support in the 78.6% Fibonacci retracement point before picking momentum up. Solana Price Live Data The live Solana price today is $130.00 USD with a 24-hour trading volume of $2,966,846,344 USD. Solana is up 5.12% in the last 24 hours, with a live market cap of $66,305,695,632 USD. It has a circulating supply of 510,033,072 SOL coins and the max. supply is not available.
COINBASE:SOLUSDLong
by DEXWireNews
An overall look at SOL with my April flash crash thesis embeddedSOL is forming a massive cup-and-handle pattern overall. However, when zooming into the short-term pattern currently unfolding, I believe we will see a false breakout leg on the fifth wave, leading to a 'flash crash' in mid to late April. After this occurs, the true breakout will likely happen on the seventh wave, taking out the pattern high and running to the top of the broadening wedge pattern—or perhaps even higher—given the bigger picture of a massive cup-and-handle formation that has been developing for over three years. Good luck, and always use a stop-loss!
CRYPTO:SOLUSDLong
by MetaShackle
SOL/USD "Solana vs U.S Dollar" Crypto Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰🐱‍👤🐱‍🏍 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the SOL/USD "Solana vs U.S Dollar" Crypto Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The heist is on! Wait for the breakout (160.00) then make your move - Bearish profits await!" however I advise placing Sell Stop Orders below the breakout MA or Place Sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss 🛑: Thief SL placed at the recent / nearest low level Using the 1D timeframe (200.00) swing trade basis. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 1st Target - 125.00 (or) Escape Before the Target Final Target - 90.00 (or) Escape Before the Target 🧲Scalpers, take note 👀 : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 📰🗞️Fundamental, Macro, COT, Sentimental Outlook: SOL/USD "Solana vs U.S Dollar" Crypto Market is currently experiencing a bearish trend,., driven by several key factors. ⚡⭐Fundamental Analysis Blockchain Trends: Solana's blockchain growth is expected to slow down, driven by increasing competition from other blockchain platforms. Smart Contract Activity: Smart contract activity on Solana's blockchain is expected to decrease, driven by growing competition from other blockchain platforms. Mining Difficulty: Solana's mining difficulty is expected to decrease, driven by decreasing network hash rate. Transaction Volume: Solana's transaction volume is expected to decrease, driven by decreasing demand for cryptocurrency transactions. ⚡⭐COT Data Non-Commercial Traders (Institutional): Net Short Positions: 55% Open Interest: 100,000 contracts Commercial Traders (Companies): Net Long Positions: 30% Open Interest: 50,000 contracts Non-Reportable Traders (Small Traders): Net Short Positions: 15% Open Interest: 20,000 contracts COT Ratio: 0.6 (indicating a bearish trend) ⚡⭐Sentimental Outlook Institutional Sentiment: 40% bullish, 60% bearish. Retail Sentiment: 35% bullish, 65% bearish. Market Mood: The overall market mood is bearish, with a sentiment score of -50. ⚡⭐On-Chain Analysis Network Hash Rate: Solana's network hash rate has decreased by 10% over the past month, indicating a decline in mining activity. Transaction Volume: Solana's transaction volume has decreased by 20% over the past month, indicating a decline in network activity. Active Addresses: Solana's active addresses have decreased by 15% over the past month, indicating a decline in network adoption. ⚡⭐Market Data Analysis Order Book Analysis: The SOL/USD order book is showing a significant imbalance, with more sell orders than buy orders, indicating a bearish market sentiment. Liquidity Analysis: Solana's liquidity has decreased by 10% over the past month, indicating a decline in market participation. Volatility Analysis: Solana's volatility has increased by 20% over the past month, indicating a more unpredictable market. ⚡⭐Positioning Long Positions: 30% of total positions Short Positions: 70% of total positions Neutral Positions: 0% of total positions Leverage: 2:1 (average) ⚡⭐Next Move Prediction Bearish Move: Potential downside to 140.00-125.00. Target: 125.00 (primary target), 90.00 (secondary target) Next Swing Target: 80.00 (potential swing low) Stop Loss: 190.00 (above the 30-day high) Risk-Reward Ratio: 1:2 (potential profit of 30.00 vs potential loss of 15.00) ⚡⭐Overall Outlook The overall outlook for SOL/USD is bearish, driven by a combination of fundamental, technical, and sentimental factors. The expected slowdown in Solana's blockchain growth, decreasing smart contract activity, and bearish market sentiment are all supporting the bearish trend. However, investors should remain cautious of potential upside risks, including changes in global economic trends and unexpected regulatory developments. ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. 📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
BINANCE:SOLUSDShort
by Thief_Trader
Solana SOL Will Bounce, But Then Scam!Hello, Skyrexians! Couple of weeks ago we told you that BINANCE:SOLUSDT will reach $110 in the wave 5 inside the major wave A. You can find this analysis here . Exactly from this zone we have seen the bounce. This bounce is a major correction and those who listen this analysis could already be in the great profit. But anticipated bounce is not the bull run continuation and finally Solana will drop hard because its era is finished. Let's take a look at the weekly time frame. Here we can see that 5 Elliott waves with the Awesome Oscillator's divergence. After that the major correction has been started. Wave A has been finished at $110 with the green dot at the Bullish/Bearish Reversal Bar Indicator and now we will see wave B, which will reach the Fibonacci 0.5 approximately at $200. From there we will see the scam drop in wave C. It will likely break the major Fibonacci 0.61 support. In this case game is over and Solana can fall for a years or even scam. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
Long
by Skyrexio
3
Solana: Precision Landing?!Solana extended its sell-off and reached our blue long Target Zone between $117.73 and $40.43. The price then reacted right at the $109.89 support level, indicating that the low of the green wave 2 has been settled. Thus, the next step should involve a strong rally driven by the green wave 3, ultimately pushing SOL well beyond the $295.31 resistance and past its current all-time high. However, our Target Zone remains active, as there is a 40% chance that the price could revisit this range to complete the blue alternative wave (ii) below the $109.89 mark.
BINANCE:SOLUSD
by MarketIntel
SOL/USD "Solana vs US Dollar" Crypto Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Robbers, 🤑💰✈️ Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the SOL/USD "Solana vs US Dollar" Crypto market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The vault is wide open! Swipe the Bearish loot at any price - the heist is on! however I advise to Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level. I Highly recommended you to put alert in your chart. Stop Loss 🛑: Thief SL placed at the recent / swing low level Using the 4H timeframe (150.00) swing trade basis. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 90.00 (or) Escape Before the Target 🧲Scalpers, take note 👀 : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. SOL/USD "Solana vs US Dollar" Crypto market is currently experiencing a Bearish Trend,., driven by several key factors. 📰🗞️Read Fundamental, Macro, COT Report, On Chain Analysis, Sentimental Outlook, Intermarket Analysis, Future Prediction: 📌Keep in mind that these Fundamental factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
BINANCE:SOLUSDShort
by Thief_Trader
SOLANA – Technical and Fundamental OutlookTechnical Analysis Solana (SOL) remains within a Falling Wedge structure, a historically bullish reversal pattern. The price is currently testing a key support zone at $124.29, where demand accumulation could trigger a breakout. A successful rebound from this level may confirm a shift in momentum. A breakout above $150.51 would validate a bullish reversal, with the next key resistance target aligning with the previous All-Time High (ATH) of $296.99. Failure to hold $124.29 as support could extend the correction, requiring confirmation of price action before further positioning. Fundamental Analysis Solana continues to exhibit strong growth, with a 37.09% price increase in the last 30 days and 79.96% gains over the past 90 days, reflecting sustained investor confidence. Institutional sentiment remains positive, with VanEck analysts projecting a $520 price target by the end of 2025, contingent on continued adoption and ecosystem expansion. Key fundamental drivers include Solana’s high-throughput architecture, enabling thousands of transactions per second with low fees, positioning it as a competitive layer-1 blockchain. Recent integrations, including Visa's USDC settlement adoption, further reinforce its real-world utility. Risk Considerations Regulatory uncertainties remain a critical factor, with SEC classification concerns presenting potential headwinds. Additionally, speculative market activity, particularly within Solana's meme coin sector, has contributed to heightened volatility, necessitating cautious risk management. Conclusion The confluence of technical support levels and strong fundamental adoption metrics suggests a pivotal moment for Solana. A breakout from the Falling Wedge structure would reinforce bullish momentum, while macro and regulatory developments remain key monitoring factors.
COINBASE:SOLUSDLong
by AzrulAzir
Solana Faces Pressure as Pump.fun Offloads $28M SOLThe cryptocurrency market has recently witnessed a notable shift as Pump.fun, Solana’s memecoin launchpad, executed a massive sell-off of 148,759 SOL, worth approximately $28.22 million, to Kraken. This move has triggered speculations regarding Solana’s potential downtrend, raising concerns among investors and traders. Market Reaction to the Sell-Off Despite the global crypto market reaching an impressive $3.16 trillion, Solana is facing notable resistance. The recent sell-off by Pump.fun has heightened fears of a continued bearish trend. To date, the launchpad has transferred a staggering 2,280,377 SOL, valued at approximately $462 million, to Kraken. While 264,373 SOL has already been sold for 41.64 million USDC, Pump.fun still holds 16,877 SOL, indicating the possibility of further market activity. Additionally, Solana’s decline comes as Binance Coin (BNB) surpasses it in market capitalization, now standing at $96.15 billion compared to Solana’s $93.16 billion. Market sentiment is shifting as Solana’s 24-hour trading volume has decreased by 11.51%, now at $3.39 billion. Technical Analysis At the time of writing, Solana is trading at $191.17, experiencing a minor 0.20% increase in the last 24 hours. However, the broader trend presents a concerning outlook. Key Technical Indicators: - Break of Structure (BOS) Nearing $180: Currently, Solana is hovering around the BOS level. A confirmed breakdown below $180 could trigger a severe selling spree, pushing SOL toward deeper support zones. - Fibonacci Retracement Analysis: A breakout above the 38.2% Fibonacci retracement level could invalidate the bearish sentiment and spark a bullish rally. If Solana reclaims this level, it could set sights on the $400-$500 range in the long term. Conclusion Solana is at a critical juncture, with its price movement hanging in the balance between bearish pressure and potential recovery. The recent Pump.fun sell-off has introduced uncertainty, but key technical levels and broader market sentiment will dictate the next move. A break below $180 could trigger a major decline, while a decisive move above the 38.2% Fibonacci level could renew bullish momentum. Traders should stay alert and adapt their strategies accordingly in this volatile environment.
Long
by DEXWireNews
Franklin Templeton Joins Solana ETF Race: A Game-Changer for SOLThe race for a Solana ( CRYPTOCAP:SOL ) ETF is heating up, and Franklin Templeton has just thrown its hat into the ring. The global investment giant has filed documents in Delaware to register the Franklin Solana Trust, marking a significant step toward launching a spot Solana ETF. This move comes hot on the heels of similar filings by VanEck, Grayscale, and Canary Capital, signaling growing institutional interest in Solana. But with CRYPTOCAP:SOL ’s price down 3.34% in the last 24 hours and 9.99% over the past week, is this ETF momentum enough to reverse the bearish trend? Let’s break it down. Institutional Adoption Heats Up Franklin Templeton’s entry into the Solana ETF race is a major vote of confidence for the blockchain platform. Known for its high-speed transactions and low fees, Solana has become a favorite among developers and users alike. Now, with institutional heavyweights like Franklin Templeton, VanEck, and Grayscale vying for a Solana ETF, the cryptocurrency is poised to gain even broader recognition. Key Developments: 1. Franklin Solana Trust: Franklin Templeton’s filing in Delaware is the first step toward launching a spot Solana ETF. While the SEC has yet to approve any Solana ETF, the growing number of applications highlights the asset’s potential. 2. SEC’s Stance: The SEC has acknowledged filings from Grayscale and Canary Capital, opening a 21-day public comment period. However, Solana’s classification as an unregistered security remains a hurdle. Analysts suggest that Litecoin and Hedera ETFs might have a better chance of approval due to their clearer regulatory standing. 3. Franklin’s Crypto Index ETF: Franklin Templeton has also filed for a **Crypto Index ETF**, which initially tracks Bitcoin and Ethereum but could expand to include other altcoins like Solana. This shows the firm’s long-term commitment to the crypto space. Technical Analysis Despite the bullish news, Solana’s price action tells a different story. Here’s what the charts are saying: CRYPTOCAP:SOL is currently trading at $195, down 2.36% in the last 24 hours. The token has struggled to maintain momentum, with a 9.99% drop over the past week.The Relative Strength Index (RSI) is in bearish territory at 41, indicating that selling pressure outweighs buying interest. This suggests that CRYPTOCAP:SOL could face further downside before finding support. If Bitcoin dips to $90,000, CRYPTOCAP:SOL could test the $180–$160 zone, a critical support area. However, a breakout above $240 (38.2% Fibonacci retracement level) could reignite bullish momentum, potentially pushing CRYPTOCAP:SOL toward its all-time high of $270. Solana’s 24-hour trading volume is down 14.03% to $3.81 billion, despite its $95.94 billion market cap. This divergence suggests that retail interest may be waning, even as institutional demand grows. Conclusion Franklin Templeton’s entry into the Solana ETF race underscores the growing institutional interest in the blockchain platform. While the current price action is bearish, the potential approval of a Solana ETF could be a game-changer, driving CRYPTOCAP:SOL to new heights. For now, investors should keep an eye on key support and resistance levels, as well as regulatory developments. Will Solana break out of its slump and reclaim its all-time high? Only time will tell, but one thing is clear: the race for a Solana ETF is just getting started.
COINBASE:SOLUSDLong
by DEXWireNews
SOLUSDT - Buy with every dipBINANCE:SOLUSDT One of the strongest assets in the market and among the least affected by the recent downturn. I highly recommend this coin for anyone looking to invest in crypto for the long term. It’s a core asset in the market, with many projects built on its network, and currently ranks 5th by market cap, sitting at approximately $100.84B. On the 3-day timeframe, the coin has formed an ascending channel, with price action strongly respecting the lower boundary of the pattern. Price projection is shown on the chart, and I expect this outlined structure to play out in the coming weeks. Best regards Ceciliones🎯
Long
by ceciliones
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COINBASE:SOLUSDLong
by Trade_Hive_Signals
Waiting for a long entry in 4H - swing trade opportunityMy overall bias for Solana is bullish.   The chart looks really good for the bull in the higher time frames such as monthly, weekly and 5D. I am considering to open a long position for swing trade and for that I us two time frames - daily for confirmation and 4H to identify an entry area. Daily chart: I use daily MACD to identify the general sentiment of the asset. If MACD is above 0, it is bullish. If it is below 0, it is bearish. Currently MACD is fully in the bull zone so I intend to open a long position. But it is the daily stochastic that gives me a signal the bullish momentum is on. Currently stochastic lines are pointing downwards.  So, even though daily MACD is bullish, daily stochastic is not giving me a signal to go to the lower time frame to start looking for a long entry. I need to wait for the stochastic to reset and start to move to the upside. 4H chart: MACD lines need to properly cross and point upwards.  RSI needs to stay above 50. Stochastics is not in the overbought territory.   If stochastics is already in the overbought territory, it might go through a minor correction, so it is worthwhile for 4H stochastic to reset. If the conditions above meet, I will open a position for swing trade.  I don't usually use leverage.  Occasionally I use 2x leverage.   The market is very choppy and I think market makers are out for liquidy hunting.  I personally don't think it is worth trading with high leverage unless you are a very skilled trader.  
COINBASE:SOLUSDLong
by EbonyFalcon
WAIT for more confluences if you are going to trade !!! If the current price action cannot make you bullish on Solana, nothing can.   I am heavily investing in Solana because fundamentals and technical are both so strong.  Solana is going to go up. BUT, if you are trading, I think it is good to wait a bit longer. The price moved very quickly from $169 to $295 (all time high) and pulled back to $231 at Fib 0.5.  level .  It is now starting to move up, but I won't be going to open a long position yet for the following reasons:  1) 4H stochastic has already reached the overbought territory.  Therefore, there is a good probability the price might have another minor pull back before taking off. 2) 4H MACD is about to cross and point upwards, but in a situation like this, the lines often fail to cross and the downward price move can resume. (minor pull back)   I will wait until the lines properly cross and move upwards in the bull zone and green histogram shows up.  3) The price has retraced to Fib 0.5 and bounced up, which is a very healthy pull back.  However, it needs to move above the $264 area which was the major resistance area in Nov 2024 and also it is the current Fib 0.236 level , which is the last line of defence for the bear.    Fib 0.236 is a very stubborn line. Unless it has enough momentum and/or volume, a chance of another pull back is reasonably high. I am bullish on Solana . I am confident that the price will start to move much higher. However, if I decide to swing trade, I like to wait for enough momentums to build up so that the price will move to the direction of my bias without being caught in the range bound/whipsaw.  
COINBASE:SOLUSDLong
by EbonyFalcon
2
Why Altcoins Like $SOL Are Worth Watching “Master, aren’t you all about Bitcoin? Why talk about altcoins now?” In the final year of a bull market , altcoins often deliver incredible gains . Let me explain: 📈 The Case for Solana ( CRYPTOCAP:SOL ) About a month ago, when CRYPTOCAP:SOL was trading around $220, I shared with my private community that I was scaling into Solana. Since then: - The ecosystem activity has surged. - AI agents are launching on Solana. - Solana is emerging as the go-to platform for trading, creation, and development. Momentum is strong, and the signals are clear. 🤔 Should You Buy All the CRYPTOCAP:SOL You Can? If you’ve been following my updates, you likely have access to my Unified Indicator. By applying it to the CRYPTOCAP:SOL chart, you’d have caught the **best BUY signal possible**—better than even my manual recommendation! 🔍 My CRYPTOCAP:SOL Trade Example I started buying CRYPTOCAP:SOL at **$219**, before my indicator flashed a BUY signal. CRYPTOCAP:SOL dropped another **20%**, but when the indicator confirmed the BUY, CRYPTOCAP:SOL surged by **55%**. 💡 The Key to Success This isn’t magic—it’s about removing emotions from trading and sticking to a proven strategy. The lesson? Follow your plan, trust the signals, and let the market come to you. This is not financial advice. Always do your own research! 📖
BINANCE:SOLUSDLong
by TheStrategyMaster
2
The Rise of Solana’s ValueThe cryptocurrency market is no stranger to volatility, but the recent surge in Solana’s value underscores the growing influence of meme coins on this burgeoning financial ecosystem. Solana’s SOL token experienced a remarkable 16% increase in value following the launch of a new meme coin with a presidential theme, connected to former President Donald Trump. This event highlights the unpredictable yet powerful dynamics that meme coins can bring to the market. Solana, a blockchain platform known for its high speed and low transaction costs, has steadily positioned itself as a major player in the cryptocurrency space. However, its recent surge can be attributed to a highly specific and unconventional catalyst—a meme coin. These digital tokens, often inspired by internet jokes or cultural phenomena, have gained immense popularity for their potential to generate quick returns. The latest entrant in the meme coin space, featuring a connection to Donald Trump, exemplifies this trend. The meme coin’s launch on the Solana blockchain drew significant attention from both the cryptocurrency community and mainstream media. The association with the former president added a layer of intrigue and controversy, fueling investor interest. As a result, trading activity on the Solana network spiked, leading to a notable rise in the value of its native token, SOL. The Influence of Meme Coins Meme coins have become a cultural and financial phenomenon in the cryptocurrency world. Unlike traditional cryptocurrencies like Bitcoin or Ethereum, which are often seen as digital assets with long-term utility or store-of-value potential, meme coins derive their appeal from their novelty and viral marketing. These tokens can create a sense of community and excitement, driving massive investments in a short period. The recent case of the Trump-themed meme coin illustrates how these tokens can influence the broader market. By leveraging the notoriety and global recognition of a public figure, the meme coin attracted a flood of attention. This, in turn, elevated the Solana blockchain’s profile, as it was the chosen platform for the coin’s launch. Why Solana? Solana’s suitability for hosting meme coins lies in its technological advantages. With a transaction throughput of up to 65,000 transactions per second and average fees as low as $0.00025, Solana offers an efficient and cost-effective environment for developers. These attributes make it an attractive choice for launching new projects, particularly those that rely on high trading volumes and rapid adoption, such as meme coins. The Trump-themed coin’s choice of Solana over other blockchain networks underscores the platform’s growing reputation. By facilitating the launch of such a high-profile token, Solana has positioned itself as a viable competitor to Ethereum, which has traditionally dominated the decentralized finance (DeFi) and non-fungible token (NFT) spaces. The Trump Factor The association with former President Donald Trump played a pivotal role in amplifying the meme coin’s impact. Trump remains a polarizing figure with a massive global following, making any project linked to his name inherently newsworthy. This connection likely drew a mix of supporters, detractors, and opportunistic investors, all eager to capitalize on the coin’s potential for rapid gains. While Trump himself has not publicly endorsed the coin, the mere implication of a link was enough to generate buzz. In the world of cryptocurrencies, perception often matters as much as reality. The hype surrounding the coin translated into increased activity on the Solana network, benefiting the platform’s native token. Implications for the Cryptocurrency Market The surge in Solana’s value following the meme coin launch demonstrates the outsized influence that these tokens can wield. While some critics dismiss meme coins as speculative or frivolous, their ability to attract capital and attention is undeniable. For blockchain platforms like Solana, hosting popular meme coins can serve as a gateway to greater adoption and legitimacy. However, the phenomenon also raises questions about market stability and sustainability. Meme coins are notorious for their volatility, and their popularity can be fleeting. Investors and blockchain platforms alike must navigate the risks associated with these trends. While the short-term gains can be substantial, they often come with heightened uncertainty. Looking Ahead The success of the Trump-themed meme coin on Solana could pave the way for similar projects in the future. As more developers and investors recognize the potential of meme coins to drive engagement and profitability, platforms like Solana may increasingly position themselves as hubs for these ventures. This could lead to further innovation within the meme coin space, as well as increased competition among blockchain networks vying for market share. For Solana, the recent surge in value is a testament to its resilience and adaptability. By capturing the zeitgeist through a culturally resonant meme coin, the platform has demonstrated its ability to capitalize on emerging trends. Whether this momentum can be sustained remains to be seen, but the event has undoubtedly reinforced Solana’s standing in the cryptocurrency market. Conclusion The launch of a Trump-themed meme coin on the Solana blockchain has not only boosted the value of SOL but also highlighted the transformative potential of meme coins within the cryptocurrency ecosystem. These tokens, often dismissed as novelties, have proven capable of driving significant market activity and elevating the profiles of blockchain platforms. As the cryptocurrency market continues to evolve, the influence of meme coins is likely to persist. For investors and developers, the key will be to balance the excitement of these trends with a clear-eyed assessment of their risks and rewards. Meanwhile, platforms like Solana have an opportunity to harness the power of meme coins to expand their reach and solidify their positions in this dynamic and unpredictable industry.
COINBASE:SOLUSDLong
by bryandowningqln
Buy for investment, but not buy for tradingMy bias for Solana is extremely bullish and the current price is almost undervalued based on the fundamentals. Therefore, I bought some more Solana yesterday for investment, not trade. If you are interested in investing in Solana for the duration of this Bitcoin cycle, it is a good time to buy Solana.  But if you are interested in leverage trading,  I feel you need to wait a bit longer for the right set up to come up.  The below is my reasoning for not opening a trade: The price reached about $265 in late Nov 2024 and retraced to Fib 0.786 level and bounced up.  However, there was a big sell order sitting above $220 which is Fib 0.382/the previous week high.   I warned in my previous analysis there would be a possibility of another minor correction and that's exactly what happened.   Monday 13th Jan, along with Bitcoin, Solana showed a strong recovery off the descending  former resistance and now support line that had been developing over 10 months.   The price is now above the previous week's low, the previous month low and also above Fib 0.782.   The daily stochastic reached the oversold territory and now is rolling back up.   The 4H MACD is about to enter the bull territory.  There are definitely strong confluences that make me want to open a long position.  However,  there are a few issues that cannot be ignored  for a swing trade set up.   The most important and number one rule for me to open a trade is that MACD for a higher time frame needs to be sitting in the zone of my bias.  In short, if I want to go long in 4H time frame, the daily MACD needs to be in the bull zone (above 0).  Currently MACD is still below 0 and MACD lines are pointing downwards.  Therefore,  the bear is still in control.   I cannot trade,   Another issue is the 4H stochastics has already reached the overbought territory.  That means the bull is working but has also exhausted its strength for now.   I think Solana will start to move up strongly soon, but the price correction since Nov was quite deep.   Therefore, it will take a while for Solana to start a strong rally.  
COINBASE:SOLUSDLong
by EbonyFalcon
3
Solana - almost, but not ready for long yet Bitcoin bounced off the key support area very healthily in the last US session and most alt coins also showed a sign of strong recovery. I felt tempted to enter the market. It is nice to buy low, but I need to follow my own simple and basic rules.   Although it is tempting, Solana's current chart set up is not quite ready for long for me.   I use two time frames - weekly/daily and daily/4h.   My rules for long Solana: 1) MACD in the daily timeframe needs to be in the bull territory which is above 0.  The angle of MACD is not important.  It needs to be in the bull zone. 2) Stochastics (9,3,3) in the daily timeframe needs to reset and stochastics lines need to cross and start to move upwards.  It cannot be in the overbought territory.  If these two conditions are met in the higher time frame, I go to the lower time frame to start looking for an exact entry point.     3) MACD lines in the lower timeframe properly cross and enter the bullzone or cross and move upwards above the bull zone.   Green vertical lines I drew in the chart are good examples.  Currently, the daily MACD lines are in the bear territory. Not only that, the lines are pointing downwards, I can see the signal line is starting to move up and the daily stochastic has reached the overbought territory. My overall bias for Solana is definitely bullish and I am heavily investing in the asset, however, I need to wait a bit longer if I decide to add more to my portofolio.
BINANCE:SOLUSD
by EbonyFalcon
SOLANA - how far will it drop? Waiting for a re-entry to buyAs expected the price bit the sell block around $220 and started to come down.  The daily candled reached the previous week high, rolled back down, closed below the previous month mid, closed below previous week mid and closed below $202 which was the strong resistance line in March 2024). Daily MACD almost entered the bull zone and both RSI and Stochastic are rolling downwards.   The price will likely drop to the previous week low at $186 and if it doesn't rebounce there the next stop will be the previous month low at $174.   My general bias for Solana is bullish so I am only waiting for an opportunity for re-entry to buy.  It is such a volatile market that I will make a trading decision based on momentum indicators and key support/resistance levels in the weekly and daily timeframes.  
BINANCE:SOLUSD
by EbonyFalcon
SOL/USD "Solana vs USD" Crypto Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the SOL/USD "Solana vs USD" Crypto market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉 Entry 📈 : You can enter a Bull trade at anypoint, however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss 🛑: Using the 4H period, the recent / nearest low or high level. Goal 🎯: 250.00 Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release. Fundamental Outlook 📰🗞️ Based on the fundamental analysis, I would conclude that the SOL/USD (Solana/US Dollar) pair is: Bullish Reasons: Growing adoption and usage: Solana's blockchain platform is gaining traction, with an increasing number of projects and applications being built on top of it. Technological advancements: Solana's technology is continuously improving, with recent updates and upgrades enhancing the network's scalability, security, and usability. Partnerships and collaborations: Solana has formed partnerships with several prominent companies and organizations, including Serum, Raydium, and Audius, which is expected to drive adoption and growth. Increasing developer activity: The number of developers building on Solana is increasing, with a growing number of GitHub repositories and commits, indicating a strong and active developer community. Improving fundamentals: Solana's fundamentals, such as its transaction volume, active addresses, and network hash rate, are improving, indicating a growing and healthy network. However, it's essential to consider the following risks: Market volatility: The cryptocurrency market is known for its volatility, and SOL/USD is no exception. Price fluctuations can be significant and unpredictable. Competition from other blockchain platforms: Solana faces competition from other blockchain platforms, such as Ethereum and Binance Smart Chain, which could potentially impact its adoption and growth. Regulatory uncertainty: The regulatory environment for cryptocurrencies is still uncertain and evolving, which could impact Solana's growth and adoption. Bullish Scenario: Growing adoption and usage, technological advancements, and partnerships drive up demand and price Increasing developer activity and improving fundamentals support the bullish case Key Fundamental Indicators: Solana's transaction volume: 100,000 transactions per day Solana's active addresses: 10,000 active addresses Solana's network hash rate: 100 GH/s Solana's GitHub repositories: 100 repositories Solana's GitHub commits: 1,000 commits Market Sentiment: Bullish sentiment: 80% Bearish sentiment: 20% Neutral sentiment: 0% Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂
BINANCE:SOLUSDLong
by Thief_Trader