Dogecoin (DOGE) has officially launched on the Solana blockchain through Wormhole’s Native Token Transfers (NTT) technology – a significant advancement that opens up the possibility of operating as a native token within the Solana ecosystem. This is not just a technical move, but also a strong catalyst for DOGE's price in the near future.
👉 This integration is built with the support of the blockchain development teams Psy and RISC Zero, utilizing zero-knowledge proofs (ZKPs) to ensure cross-chain transactions are always safe and transparent. The infrastructure of Wormhole also ensures DOGE retains control over its supply and smart contracts in multi-chain activities.
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📈 DOGE forms a “Cup and Handle” pattern – A classic bullish signal
Technical analysis shows that the daily price chart of DOGE is forming a “Cup and Handle” pattern – one of the most reliable bullish patterns. The rounded bottom indicates strong buying pressure, while the slight pullback (handle) reflects decreasing selling pressure.
DOGE has surpassed the strong resistance level at 0.245 USD – and if the upward momentum continues, the market could push DOGE’s price up to the target zone of 0.355 USD, corresponding to a strong short-term increase.
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💹 Capital inflows into DOGE derivatives – Whales are starting to act
Data from the derivatives market indicates heightened speculative sentiment:
• Open Interest of DOGE futures contracts increased by over 11%, reaching 2.97 billion USD
• Options volume increased by over 130%, reaching 349.57 million USD
This is a sign that investors are betting on strong price volatility ahead – and they are choosing leverage to amplify profits.
However, spot trading volume decreased slightly by 3.93%, indicating that many traders are standing aside, waiting for a “confirmed breakout” before jumping into the game.
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🧩 Solana continues to expand its ecosystem – Is DOGE just the beginning?
Wormhole reports that over 11.5 billion USD in assets have been transferred to Solana, far exceeding any other multi-chain compatible platform. With DOGE joining, Solana is gradually establishing its central role for a series of major assets – from stablecoins to meme cryptocurrencies.
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📌 Summary of highlights DOGE x SOLANA:
• ✅ DOGE officially integrated into Solana via Wormhole
• ✅ Applying ZKP technology for cross-chain security
• ✅ “Cup and Handle” pattern appears on the price chart
• ✅ Surpassing resistance at 0.245 USD, targeting 0.355 USD
• ✅ Large capital inflows into DOGE futures and options
• ✅ Solana attracts over 11.5 billion USD in assets – reinforcing its position as the leading Layer 1
🧠 Note: This is not an investment recommendation. Please do your own research and assess risks before acting.