Solana Price Nears Key Resistance—Can SOL Rally to $100 This Weekend?

The post Solana Price Nears Key Resistance—Can SOL Rally to $100 This Weekend? appeared first on Coinpedia Fintech News  As the Bitcoin price stabilizes around the $80,000 range, bullish momentum appears to be gradually returning to the crypto markets. Among the top-performing altcoins, Solana is showing notable strength after the SOL price surged above $90 and climbed as high as $93 over the past few hours.  The rally has pushed SOL close to a crucial resistance zone, while technical indicators continue to flash bullish signals. Analysts now believe a breakout above the local resistance near $95 could open the doors for a fresh rally toward the long-awaited $100 milestone this weekend.  Solana Price Analysis: Can Bulls Sustain the Momentum?  The Solana price is approaching a crucial resistance zone after reclaiming the $90 range with rising bullish momentum. As market sentiment improves, traders are now watching whether SOL can break above the local resistance near $95 and trigger a fresh rally toward the psychological $100 milestone this weekend.  The daily chart shows SOL rebounding strongly from the key support zone near $76 while forming higher lows, indicating growing bullish strength. The price is now testing the upper resistance range near $95, which has capped previous recovery

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It might be too late for bitcoin’s quantum migration, Project Eleven report argues

More than $3 trillion in digital assets could eventually become vulnerable to theft within the next four to seven years, according to a new report from Project Eleven  Project Eleven focuses on post-quantum security and migration for digital assets and recently announced a collaboration with the Solana Foundation to prepare its network against the threat of quantum computing.  “The digital asset industry holds over $3 trillion in aggregate value, and virtually all of it is secured by the same class of cryptographic primitive: elliptic curve digital signatures,” which are vulnerable to quantum computing attacks, the report said.  But it is not only crypto that is at stake here. The report states that the same public-key cryptography security used by bitcoin, ether and stablecoins also underpins banking systems, cloud infrastructure, authentication networks and military communications.  The 110-page report by Project Eleven, whose CEO , also states that sufficiently powerful quantum computers could use Shors algorithm to derive private keys from public keys, allowing attackers to forge signatures and take over control of wallets and digital accounts secured by the elliptic curve cryptography.  This means blockchains, banking infrastructure, cloud systems, military comms and other digital identity systems are also vulnerable, not just bitcoin, ethereum, stablecoins, and other

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Amazon boosts CAPEX to $44.2B, up from $25B last year

Amazon just dropped $44.2 billion in a single quarter on capital expenditures. That‘s not a typo. The figure represents a 77% increase from the $25 billion the company spent in the same period last year, and it signals that Amazon’s AI spending spree is accelerating, not slowing down.  The numbers behind Amazons AI bet  The quarterly figure is eye-catching on its own, but zoom out and the picture gets even more dramatic. Amazons trailing twelve-month capex now sits at $147.3 billion, a 67% jump from $88 billion over the prior twelve-month period.  Operating cash flow tells a healthier story, rising 30% to $148.5 billion on a trailing twelve-month basis. Free cash flow, the money left after all that spending, cratered to just $1.2 billion. When your operating cash flow is $148.5 billion and your free cash flow is $1.2 billion, nearly every dollar coming in the door is going right back out.  Why AWS matters more than ever  Amazon Web Services, the company‘s cloud computing arm, met revenue expectations for the quarter. AWS is the engine that’s supposed to justify all this spending, and so far, its delivering.  Analysts have pointed to AWS‘s performance and optimistic forward guidance as the key reason the market isn’t punishing

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Ethereum Price Prediction Eyes $7,500 as Bitmine Stacks 5.18 Million ETH While Pepeto Sails Past $9.86M

Ethereum  Ethereum Price Prediction Eyes $7,500 as Bitmine Stacks 5.18 Million ETH While Pepeto Sails Past $9.86M  The Ethereum price prediction looks the strongest it has been all year after Bitmine Immersion Technologies revealed a 5.18 million ETH treasury worth $12.1 billion on May 4, the largest Ethereum stockpile any company holds in the world per PRNewswire.  When one firm pulls more ETH off the market than the entire daily mint produces, the supply side of the Ethereum price prediction shifts in a single direction.  While Bitmine locks ETH off the market, another Ethereum-based project is drawing smart money before listing, the Pepeto presale, which just sailed past $9.86 million at $0.0000001869 with a Binance listing approaching.  Bitmine MAVAN Staking Locks 4.36 Million ETH and Lifts the Ethereum Price Prediction  Bitmine confirmed it now has 4,362,757 ETH worth roughly $10.2 billion staked through its MAVAN platform, the institutional-grade rail it built for its own treasury and is now opening to outside investors per PRNewswire.  Tom Lee, the companys chairman, projected $352 million in annual rewards once the full ETH balance runs through MAVAN. With one-third of all ETH already locked across the network and Ark Invest forecasting smart contract platforms above $6 trillion by 2030 per CoinMarketCap,

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Crypto markets predict Ethereum price for May 31, 2026 

Prediction market traders are increasingly positioning for Ethereum (ETH) to remain above the $2,200 level by the end of May 2026.  The market titled “What price will Ethereum hit in May?” on shows that the highest probability outcome currently points to Ethereum reaching or remaining above $2,200 by May 31.  That price target holds an implied probability of 68%, making it the dominant expectation among traders.  Meanwhile, the second most likely outcome is Ethereum climbing to at least $2,600, which carries a 33% probability despite a recent decline in trader confidence.  Expectations for Ethereum surpassing the psychologically important $3,000 level remain more limited, with the market assigning just a 3% probability to that scenario.  Bullish expectations beyond $3,200 fade significantly. In this line, probabilities of the cryptocurrency hitting $3,400, $3,600, or $3,800 before the end of May each stand at roughly 1%, indicating traders currently see a major breakout as unlikely in the remaining weeks of the month.  On the downside, the market still reflects some concern over potential weakness. Ethereum falling to $2,000 carries a 22% probability, while a drop to $1,800 carries a 6% probability.  More severe declines toward $1,600, $1,400, or $1,200 are viewed as low-probability outcomes, each holding near 1% to 3%.  Trading activity

05-10

Shiba Inu Supply Drops With 6,079,210 SHIB Sent to Dead Wallets

SHIB among top traded coins as Indias demand growsSHIB price  Shiba Inu has seen a supply drop in the last 24 hours with millions of SHIB sent to dead wallets in this timeframe.  According to the Shibburn website, a total of 6,079,210 SHIB were sent to dead wallets in the last 24 hours. This adds to a total of 33,555,505 SHIB burned in the last seven days and 197,397,403 tokens in the last 30 days.  Overall, 410,839,970,136,820 SHIB tokens have been burned out of the initial 1 quadrillion SHIB supply, accounting for 41.08%. This is worth $7,358,037,796 in monetary terms.  You Might Also Like  Largest Swiss Bank Loads Up on Strategy (MSTR)  Ethereum (ETH) Could Hit $12K This Year, Lee Predicts  The SHIB burn rate has increased 37.28% from the past day, while down 40.56% in the last seven days.  SHIB among top traded coins as Indias demand grows  Shiba Inu continues to sustain demand in India as it ranks among the top traded tokens on the countrys major crypto exchange.  Shiba Inu was among the Top 5 most traded coins on Indias largest exchange, WazirX, in April, sitting in the second spot only after Bitcoin. Other coins actively traded include ETH, DOGE and XRP.  You Might Also Like  Kuro, a Shiba

05-10

How DeFi is changing the financial landscape for Latin Americans

For decades, Latin Americans have lived with financial constraints that citizens of more developed economies rarely think about: periodic currency devaluations, inflation shocks, limited access to credit and banking systems that often fail to reward savers.  A new layer of innovation is now reshaping the regions financial landscape. Decentralized finance — DeFi — is quietly moving from a niche crypto experiment to a practical set of tools that expand financial opportunity across the region.  Historically, navigating DeFi required technical expertise, and that kept adoption limited to early crypto enthusiasts. But major protocols such as Aave are increasingly working with Latin American companies to make their infrastructure usable for everyday consumers. In other words, Latin America is starting to use DeFi primitives thanks to the abstraction provided by local firms.  Enhancing access to DeFi  For most of its existence, DeFi has been the domain of the technically fluent. You needed a self-custody wallet, a working understanding of blockchain mechanics and a tolerance for complex interfaces. For the average person in Mexico City or São Paulo, that was an almost insurmountable barrier.  But things are changing. Latin American fintech companies are now building the abstraction layer that DeFi has always lacked: user-friendly interfaces, peso- and real-denominated stablecoins,

05-10

US naval blockade disrupts Strait of Hormuz traffic amid rising tensions

## Market Snapshot  The market on whether 20 ships will transit the Strait of Hormuz by May 31 is currently priced at 65% YES, down from 69% 24 hours ago. Additionally, the market predicting normal traffic in the Strait by May 15 is priced at 2% YES, a decrease from 4% the previous day.  ## Key Takeaways  – Market activity suggests a decrease in confidence that 20 ships will transit the Strait of Hormuz by May 31. – Indicators from the blockade enforcement suggest continued disruptions in Strait of Hormuz traffic by May 15. – The likelihood of Trumps announcement lifting the blockade by May 31 appears to be decreasing.  ## Article Body  The U.S. naval blockade of Iranian ports, ongoing since April 13, 2026, remains fully enforced, with CENTCOM forces redirecting 58 commercial vessels and disabling four ships to prevent access to Iranian ports. This blockade is part of a broader U.S. strategy to exert economic pressure on Iran, with President Trump asserting it will continue until a political agreement is reached. Recent escalations include U.S. Navy aircraft disabling Iranian tankers with precision munitions, indicating a shift from passive redirection to active enforcement. The blockade significantly impacts global energy markets due to its position

05-10

Everspin Technologies (MRAM) Surges to 52-Week Peak Following Microchip Partnership

Everspin Technologies, Inc., MRAM  Trading activity for the session registered approximately 437,000 shares, marking an increase from the previous sessions close at $21.51.  The semiconductor stock has appreciated roughly 25% in recent weeks, propelled primarily by a strategic manufacturing announcement made last month.  Strategic Partnership with Microchip Technology  On April 8, Everspin unveiled a 10-year manufacturing collaboration with Microchip Technology focused on producing MRAM and Tunnel Magnetoresistive (TMR) sensor solutions at Microchips Oregon production facility.  Under the terms, Everspin retains full ownership of its intellectual property and manufacturing processes. The arrangement also provides ITAR-compliant wafer processing capabilities, a critical requirement for defense and aerospace applications.  Everspin plans to maintain operations at its existing Chandler, Arizona fabrication plant simultaneously. Initial product shipments from the Oregon facility are anticipated during the latter half of 2027.  The collaboration includes provisions for extension beyond the initial 10-year period in two-year increments.  Strong Q1 Results Overshadowed by Conservative Q2 Forecast  For the first quarter of 2026, Everspin delivered earnings per share of $0.11 alongside revenue of $14.87 million, surpassing analyst projections of $14.60 million.  The company reported a net margin of 0.50% with return on equity at 4.78%.  However, the second quarter 2026 outlook presents a more subdued picture. Management issued EPS guidance spanning $0.000 to

05-10

5 Chip Stocks Dominating Investor Attention This May: Nvidia (NVDA), AMD (AMD), and More

Semiconductor stocks are experiencing a powerful rally fueled by artificial intelligence demand, with the PHLX Semiconductor Index posting its strongest outperformance versus the S&P 500 in more than 12 monthsNvidia (NVDA) maintains the most bullish analyst consensus in the sector, boasting 48 buy recommendations and no sell ratingsAMD (AMD) delivered first-quarter revenue of $10.25 billion with data-center sales surging 57%, prompting over 20 analysts to lift their price targetsMicron Technology (MU) posted its strongest five-day performance since 2008, jumping 30% on surging demand for AI memory chipsASML Holding stands as the only company in this group facing sell-side skepticism, with 2 sell ratings among 21 buy calls  Artificial intelligence continues to dominate market momentum, and semiconductor companies remain squarely in the spotlight. As we move through May 2026, five chip stocks have emerged as the primary focus for investors tracking this critical sector.  The semiconductor benchmark index has recently delivered its most impressive outperformance against the broader S&P 500 in over a year. This rally has spread across multiple chip categories, including graphics processors, memory manufacturers, equipment providers, and connectivity specialists.  Lets examine the five semiconductor equities capturing the most investor attention right now.  Nvidia (NVDA)  Nvidia maintains its position as the undisputed leader in

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