Solana is buying and selling at $154.00, down 1.29% within the final 24 hours, with a quantity of $2.2 billion. This drop comes after a $161 million whale switch and $323 million in web realized losses, indicating stress from giant holders. Whale Alert reported a switch of almost 1 million SOL tokens, indicating cautious sentiment amid ongoing macro volatility.
On-chain knowledge confirms the pattern: SOL broke beneath important help, together with the 34-day EMA at $163.20. Quantity has spiked, and promoting is intense. Nevertheless, SOL remains to be in a key help zone between $150 and $156, supported by the 50-day and 100-day shifting averages.
— Whale Alert (@whale_alert) Could 30, 2025
- Whale switch: $161 million SOL moved
- Realized losses: $323 million on the $156 stage
- Important help: $150-$156, main shifting averages
$SOL trying shaky rn web realized PnL simply flipped crimson for the primary time in almost 2 months
$323M in losses at $156
Sellers are beginning to fold identical to earlier than that Feb-March dump
Not calling full capitulation but however this setup feels manner too acquainted imo pic.twitter.com/kQEiLNL0Yb— Commerce Byte (@Official3Byte) Could 31, 2025
Chainlink CCIP and Solana App Equipment Carry Optimism
Regardless of the sell-off, Solana’s fundamentals are robust. The chain has built-in Chainlink’s Cross-Chain Interoperability Protocol (CCIP), the primary time Chainlink has deployed exterior of the Ethereum Digital Machine (EVM). This can be a vital improvement for Solana’s cross-chain DeFi capabilities, as DeFi exercise surges.
Over $19 billion in worth is now in play.@xswap_link has completed what nobody else has, it operationalized @solana with @chainlink’s CCIP,
By forging a direct hall between one of many quickest chains
In crypto and essentially the most trusted interoperability protocol on the planet.… pic.twitter.com/SRcm0sqitM— Pinnacle Crypt ₿ (Enchanter-arc)
(@PinnacleCrypt) Could 31, 2025
And the Solana App Equipment—a React Native toolkit—makes cell dApp improvement a breeze. With help for over 18 protocols, this equipment allows builders to construct cell apps on Solana’s quick blockchain in minutes, thereby boosting adoption in wallets, NFT platforms, and DeFi markets.
Solana launches its Cell App Equipment to streamline blockchain app improvement on iOS and Android.
Consists of 18+ protocol integrations for wallets, NFTs, buying and selling & extra
Constructed with "Ship" to allow fast cell app deployment on Solana pic.twitter.com/GE9oX1gSwZ— Selena Hart (@selenahart_) June 1, 2025
- Chainlink CCIP: Cross-chain DeFi potential
- Solana App Equipment: Cell dApp improvement for 18+ protocols
- Ecosystem progress: Solana is prepared for wider adoption
Technical Outlook: Solana at $154 in a Key Zone
The Solana value prediction stays bearish, given the downward channel that limits SOL’s upward motion. On the 2-hour chart, Solana’s value is caught in a descending channel, characterised by decrease highs and lows, indicating clear promoting stress.
The 50-period EMA at $160.79, as soon as help, is now resistance. The MACD is bearish, MACD line beneath sign line and crimson histogram bars.
Value is approaching the $150.66 help zone, the decrease boundary of the channel. If a bullish reversal candle, comparable to a Hammer or Bullish Engulfing, types right here with MACD convergence, we may see a transfer to $158.33 or $160.79. However a clear break beneath $150.66 may take SOL to $142.14 or $134.01.
Key Technical Ranges:
- Assist: $150.66, $142.14, $134.01
- Resistance: $158.33, $160.79, $165.59
For merchants, await affirmation—rising quantity and a bullish candle—earlier than going lengthy. With out that, SOL is bearish, however a textbook rebound at $150 could possibly be a great entry.
BTC Bull Token Presale Approaches $7.67M Mark as 62% APY Staking Attracts Curiosity
With SOL/USD dipping beneath $160, consideration is shifting to altcoins like BTC Bull Token ($BTCBULL). To this point, $6.38 million has been raised, with the following value bounce approaching rapidly.
Bitcoin Rewards and Provide Reductions
BTC Bull Token operates with a built-in system: the upper BTC’s value, the extra BTC airdrops are distributed to token holders. Notably, presale members obtain precedence. The system additionally options:
- Token burns each $ 50,000 BTC enhance, decreasing the provision.
- The present token value is at $0.00254 earlier than the following bump.
This strategy aligns token worth with BTC/USD’s value strikes whereas sustaining shortage by way of programmed burns.
Staking Phrases for Passive Returns – BTCBULL’s staking pool holds 1.62 billion tokens providing 65% APY, with:
- No lockup durations or charges.
- Full entry to funds at any time.
This construction appeals to buyers in search of yield with out advanced necessities or the danger of illiquidity.
Momentum Earlier than the Cap Fills
With simply over $1 million remaining within the presale, patrons are positioning early. The token’s mechanics of BTC-tied rewards, provide changes, and staking choices are driving participation.
Key figures:
- USDT raised: $6,632,712/ $7,676,876
- Token value: $0.00254
BTCBULL affords a whopping ~62% APY on its Ethereum-based staking pool (presently holding 1.61B BTCBULL), with no lockups or withdrawal charges. Which means passive yield, with full liquidity.
The put up Solana Value Prediction: With SOL at $154.00 and Strain Constructing, Is a Breakout Previous Key Resistance Ranges on the Horizon? appeared first on Cryptonews.