Solana $SOL is trading at approximately $151.85, reflecting a slight decline of about 1.4% over the past 24 hours. The 24-hour trading volume stands at around $2.28 billion, and the market capitalization is approximately $79.23 billion. Recent Market Trends: Short-Term Outlook: $SOL has been hovering around the $150–$160 range. A TD Sequential 9 buy signal on the 4-hour chart suggests potential for a short-term rebound, especially if the price maintains support above $159 . Medium-Term Dynamics: Despite a 75% increase since April, SOL has recently underperformed against Ethereum, with the SOL/ETH ratio dropping 25% in less than three weeks . Analysts anticipate that SOL may fluctuate between $161 and $178 in June; breaching $178 could lead to $188, while falling below $161 risks a drop to $144 . Investor Activity: Retail and whale accumulation has removed 4.13 million SOL (approximately $677 million) from exchanges, indicating bullish long-term conviction . Key Considerations: ETF Developments: Renewed optimism for a Solana ETF approval has contributed to recent price surges, with $SOL SOL previously reaching $122.46 on April 11, 2025 . Market Volatility: The broader crypto market's fluctuations continue to influence SOL's price dynamics. A significant drop below $153 may result in $150 being the next main support, with further declines potentially leading to $145 . #sol #MarketSentimentToday #Write2Earn #crypto #CryptoNewss
Just saw this on TechFlow—Look onchain reported that Ross Ulbricht, the founder of Silk Road, had 300 bitcoins (about $31.4 million) sent to his donation wallet earlier today. That’s a massive transfer, and it happened just eight hours ago. $BTC #BTC #CryptoNewss
$LUNC 🌖 Big Burn Milestone Incoming – 410 Billion Tokens Almost Gone!
$LUNC is holding steady right now, trading around $0.000061 — just under this week’s high of $0.000073. It’s been through a lot, down 64% since December, but something big is on the horizon: the 410 billion token burn milestone. 🔥 Right now, over 409.4 billion $LUNC have already been burned. And with more than 304 million tokens getting burned every week, we’re about to cross the 410B line — either later this month or early June. So, what’s a token burn? It’s when tokens get sent to a “dead” wallet address, meaning no one can ever use them again. This reduces the supply, aiming to make the token deflationary — which could benefit holders, especially those staking. Let’s talk about who’s doing the burning: Terraform Labs is the biggest burner with over 249 billion tokens gone — most of it happened during their 2024 bankruptcy process.Binance isn’t far behind, having burned over 72 billion LUNC by sending part of their fee earnings to the burn wallet.Others like DFLUNC, LunaticsToken, and MEXC are also contributing to the burn mission. 💪 Remember, $LUNC is what’s left of the original Terra project, which crashed in 2022 after the UST stablecoin lost its peg — causing over $40 billion in losses. After that, LUNC became a community-led project while the original devs moved to Terra 2.0. We're now seeing the community push to make LUNC more scarce and possibly more valuable. Let’s see how this burn milestone impacts the price. 🔥🚀 #LUNC✅ #TerraLunaClassic #CryptoNewss #TokenBurning #BinanceSquare
BREAKING: 🇺🇸 The SEC moves to block REX Financial's proposed $ETH ETH and SOL $SOL staking ETFs, arguing that their structure equates staking with securities trading. #ETH #sol
SEC vs Binance Update Sparks Ripple Concerns, XRP Drops
$XRP On Thursday, May 29, the ongoing SEC vs Binance case grabbed attention, stirring uncertainty around Ripple and demand for XRP $XRP . Binance and the SEC jointly filed a motion to dismiss the case, likely following the SEC’s final closed-door meeting of 2025. Despite the news, Binance Coin (BNB) didn’t benefit and slipped 2.89% by the end of Friday, May 30. #Xrp🔥🔥 Meanwhile, XRP faced heavier selling pressure. The SEC remained silent on the Ripple case after the meeting, disappointing those hoping for a second court filing that could lead to a settlement. Investors were looking for clarity on possible settlement terms—such as lifting the ban on XRP sales to institutional investors and reducing the $125 million penalty. #Write2Earn