Solana price down today: why?

Today the price of SOL, Solanas native cryptocurrency, is down.  In reality the drop already started last Tuesday, and today it is simply continuing.  It is therefore necessary to understand not only what the causes are, but also whether it is destined to end or not.  The drop  On Tuesday, May 12, a new decline in the price of SOL began, which in fact is still ongoing today.  However, it should be specified that in the previous seven days it had risen from $84 to over $98, with +18% which, in a market phase like this, seemed a bit unusual.  It should also be said that starting from February 12, that is three months earlier, it entered a sideways phase between $78 and $98, and this already explains many things.  To tell the truth, starting from mid-April the lower line of the sideways movement rose, first to $79 and then to $82, and this makes the situation even clearer.  In other words, this sideways phase is simply continuing.  When on May 11 the price of Solana tested the $98 wall, not only did it fail to break through it, but it then almost immediately recorded a reverse rebound that is bringing it back towards the lower point of the

05-21

Solana Price Prediction: Goldman Sachs Dumps SOL ETFs as Funding Rates Turn Negative

Solana trades at $84.86 on May 20, pressing the rising channel trendline for the second day running, as Goldman Sachs reveals it cleared its entire $SOL ETF position in Q1 and futures funding rates flip negative for the first time since February.  $SOL Daily Chart: Channel Trendline Holding With a Liquidity Zone Below  Solana Daily Price Action (Source: TradingView)  $SOL is sitting on the lower rail of the rising channel from the February low at $67. Below that, a liquidity sweep zone between $76 and $78 marked by the LuxAlgo indicator becomes the target if the channel breaks on a daily close.  All four EMAs are above price. The 20 EMA at $87.84 and 50 EMA at $87.66 are the immediate ceilings, followed by the 100 EMA at $92.95 and 200 EMA at $109.58. Price has not closed above the 20 EMA since May 16. A pink liquidity zone near $96 to $98 marks where price was rejected on May 11 and remains the level that needs clearing before any recovery attempt holds.  $SOL Key levels for May 21:Resistance: $87.84 (20 EMA), $87.66 (50 EMA), $92.95 (100 EMA), $96 to $98 rejection zoneSupport: Channel trendline near $84, $76 to $78 liquidity sweep zone200 EMA: $109.58  Solana

05-20

Will Dogecoin price break out as it forms a giant round bottom pattern?

Dogecoin price has remained under pressure over the past few months, but a growing combination of bullish technical signals, rising retail utility, and renewed speculation surrounding Elon Musks involvement with crypto payments is beginning to shift market sentiment.  According to data from crypto.news, Dogecoin ($DOGE) was trading near $0.103 on May 20 after stabilizing above the key psychological support zone around $0.10. While the memecoin remains significantly below its 2024 highs, technical analysts are increasingly pointing to the formation of a giant rounded bottom pattern on the daily chart, a setup often associated with long-term bullish reversals.  The chart shows Dogecoin spending several months carving out a broad curved structure following its prolonged downtrend from late 2025 highs near $0.30. The pattern resembles a classic rounded bottom, where selling pressure gradually weakens before buyers begin reclaiming control over a longer period.  $DOGE has also managed to reclaim its Supertrend indicator support around $0.1006, while the Aroon Up indicator recently surged toward 100%, signaling strengthening bullish momentum and a possible continuation of the emerging uptrend.  If the rounded bottom structure confirms with a breakout above the neckline resistance near the $0.12–$0.13 region, the next major upside target could stand near $0.27–$0.30, representing nearly a 190%

05-20

DRV rises over 6% after Coinbase roadmap listing: how high can it climb?

Derive ($DRV) has posted strong gains over the past 24 hours after being added to Coinbases listing roadmap, with the token climbing more than 6% to trade near $0.083.  The token is up more than 259% over the past year and has recovered sharply from its all-time low of $0.01244 recorded in April 2025, although $DRV remains about 63% below its all-time high of $0.2283 reached in January 2025.  Coinbase listing boosts $DRV momentum  $DRVs rally followed confirmation that Coinbase has added $DRV to its listing roadmap, which would expose the token to a significantly larger pool of retail and institutional traders.  Listings on major exchanges often increase liquidity and trading participation, particularly for mid-cap decentralised finance projects.  In $DRVs case, the addition to the listing roadmap coincided with a sharp increase in trading activity, with 24-hour volume climbing above $1.4 million.  The move also triggered renewed interest in the Derive ecosystem.  The protocol currently holds more than $123 million in total value locked, showing that user capital inside the platform remains relatively strong even after the broader crypto market experienced periods of heavy volatility earlier this year.  The price action following the addition to the roadmap showed aggressive buying pressure as $DRV broke above the $0.082 resistance

05-20

Singapore revokes crypto payment licence of Bsquared over regulatory breaches

Singapores central bank has pulled the crypto payment licence of Bsquared Technology Pte Ltd, stripping the firm of its right to provide digital payment token services after uncovering a series of breaches.  In a Wednesday announcement, the Monetary Authority of Singapore (MAS) said it revoked Bsquared‘s Major Payment Institution Licence after an on-site inspection found weaknesses in the company’s risk management practices and conflict-of-interest policies, as well as failures to comply with the regulators outsourcing guidelines.  MAS said Bsquared provided false or misleading information on multiple occasions, from its initial license application through the inspection itself.  Bsquared, also known as BSQ, obtained its license 16 months ago after receiving approval to offer digital payment token services under Singapores Payment Services Act 2019.  MAS orders Bsquared to submit a closure certificate  The company is required to submit a closure certificate from its auditors confirming that all customer funds have been returned to their recipients. Bsquared told MAS it held no outstanding customer assets.  “MAS takes a serious view of the breaches committed by BSQ, and is reviewing the responsibilities of key officers of BSQ,” the central bank added.  MAS revokes Bsquareds license. Source: MAS  MAS has granted 37 digital payment token services licenses so far, and revocations remain uncommon.

05-20

SOL Negative Funding Rate Highlights Falling SOL Demand

Key takeaways:Solana perpetual futures funding rates flipped negative, signaling excess demand for bearish positions.Rival networks like Base and Hyperliquid pose direct threats to Solana by aggressively capturing DEX market volume.  Solanas native token $SOL ($SOL) faced a 15% correction following a rejection at $98 on May 11. A retest of the $83 level on Tuesday was followed by negative futures funding rates, indicating increased demand for short $SOL positions.  While declining network activity contributed to the price drop, competition among rival blockchain networks has picked up.  $SOL perpetual futures annualized funding rate. Source: Laevitas  The $SOL perpetual futures funding rate stood at -3% on Tuesday, down considerably from the +8% on Saturday. During neutral market conditions, this indicator hovers near +9% to account for the cost of capital and exchange risk. Demand for bullish leverage has been largely absent since Saturday, when $SOL price slipped below $90.  Solana DEX activity has declined by 56% since January  Declining activity on Solanas decentralized exchanges (DEXs) has reduced ecosystem revenue and demand for $SOL. This reduced appetite for decentralized applications (DApps) was not exclusive to Solana, but growing competition poses a major threat, as investors fear that demand for memecoins has faded for good.  Solana weekly DEX volumes, DApps revenue,

05-20

Heres why the Venice AI token price is going parabolic and what next

Venice AIToken price is getting supercharged today, May 20th, helped by the recent Robinhood listing, upcoming NVIDIA earnings, growing usage, and increased $VVV token burns. The token has jumped for four consecutive days and is now nearing its all-time high.  Venice AI users are growing  In an era when popular companies like ChatGPT and Anthropic are thriving, it is hard for a less-funded competitor to thrive. Yet, this is what Venice AI is doing.  For starters, Venice AI is a top player in the artificial intelligence industry, where it provides a privacy-focused platform. Its service is unique because it lets users search several models like ChatGPT, Grok, Claude, and DeepSeek in a single platform.  It uses a freemium model, where users can find answers for free, or pay to access more services. There are signs that this model is gaining traction as traffic to its website has surged to over 8 million per month. Also, the number of users has jumped to over 3 million.  This growth is important for Venice and the $VVV token. For Venice, it means that it is making a higher volume than before. This, in turn, has led to more token burns as the company normally uses part of the

05-20

Bitcoin price crashes as ETF outflows rise, Coinbase Premium Index slips

Bitcoin price crashed to the important 50-day moving average as it continued facing major headwinds. Spot $BTC ETF outflows are soaring, while the Coinbase Premium Index has remained in the red for weeks, a sign that American demand is falling. $BTC was trading at $76,745, down sharply from this months high of over $82k.  Bitcoin price drops as ETF outflows surge  There are signs that demand for Bitcoin in the United States has tumbled this month. Data compiled by SoSoValue shows that the momentum these funds started the month with has largely disappeared today.  All spot Bitcoin ETFs have now suffered outflows in the last three consecutive days. They lost $331 million on Tuesday after losing $648 million in the previous month. In total, these funds shed over $1.2 billion in the last three trading days.  Most notably, they are on track to end the month in the red unless something changes. They have now lost $727 million this month, a notable figure since they added over $1.6 billion in the first six days of the month.  Coinbase Premium Bitcoin Index has dropped  The Coinbase Premium Bitcoin Index, a closely-watched number has remained in the red in the past few weeks. This is an important figure

05-20

XRP Ledger Faces Critical Upgrade Window as May 27 Nears

$XRP is trading near a make-or-break zone as the $XRP Ledger approaches a crucial network deadline.  With the May 27 activation of version 3.1.3 fast approaching, the blockchain is preparing to roll out the fixCleanup3_1_3 amendment—a major technical event with real consequences for outdated software.  A tighter Bollinger Band squeeze on the weekly charts and a bearish RSI divergence in the $XRP/$BTC pair suggest a decisive move is imminent, with the upgrade as the likely trigger.  A Hard Deadline on May 27  The fixCleanup3_1_3 amendment entered its two-week activation window on May 13 and locks in on May 27, 2026.  Validators running outdated software after that date will face amendment blocking, cutting them off from consensus.  The amendment bundles fixes for NFTs, Permissioned Domains, Vaults, and the Lending Protocol.  Roughly 40% of the network had yet to upgrade as of May 18, leaving a significant portion at risk.  Whale Accumulation Intensifies  More than 403 million $XRP left Binance between May 3 and May 15 through whale-sized transactions, signaling large holders are moving tokens into cold storage.  $XRP Ledger Activity. Source: Dune.  $XRP-linked investment products reported $60.5 million in weekly inflows, the strongest weekly total of 2026. It records over 69,000 weekly active addresses.  The network saw 48,453 active addresses in a 24-hour

05-20

Bitcoin Hits Major ‘Wall of Resistance,’ Warns CryptoQuant Research Head

Traders unrealized profit margin reached 17.7% on May 5, 2026.Executed profits in the spot market hit a daily peak of 14.6K $BTC on May 4, 2026.Apparent spot demand recorded a contraction of minus 11K $BTC according to the latest compiled data.  Bitcoin‘slatest rally impacted a critical zone on the blockchain directly, which analysts say establishes a clear wall of resistancefor the pioneer crypto’s price.  We have been writing that Bitcoin was in for a price correction for several weeks now, mostly amid:  – High unrealized profits.  – A spike in profit taking in spot and futures markets.  – Slowdown of US spot demand.  – Technical and On-chain price resistance.  See our latest…  — Julio Moreno (@jjcmoreno) May 18, 2026  CryptoQuant warns of correction risks at the moving average   The CryptoQuant analysis published on May 13, 2026, detailed that Bitcoins price reached the 200-day moving average located at $82.4K. This movement materialized after a 37% rebound from the lows recorded in April.  The platforms head of research, Julio Moreno, noted that current on-chain metrics show similarities to macroeconomic patterns observed in March 2022. In that cycle, the primary cryptocurrency surged 43% before retracing upon hitting the same long-term technical indicator.  Historical data from CryptoQuant suggest that accumulated unrealizedprofits typically incentivize massive coin

05-20
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