Qais Ali Mir
High-Frequency Trader
5.2 Months
Writer, Anchor, Journalist
695 Following
318 Followers
147 Liked
10 Shared
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Quotes
#LearnAndEarnQuiz What is a Gunz Token ?
Course Completed. Waiting for Reward 😍
#WhiteHouseDigitalAssetReport
#FOMCMeeting
#EthereumTurns10
#ETHCorporateReserves
Course Completed. Waiting for Reward 😍
#WhiteHouseDigitalAssetReport
#FOMCMeeting
#EthereumTurns10
#ETHCorporateReserves
🚨🚨My Crypto Trading Analysis.🚨🚨🚨
Best Time to trade Pakistani Time 2 am to 5 am in the morning. Buy 2nd or 3rd Gainer Coin. Look at the investment amounts. If everyone is investing with a huge amount , then buy it with the 2nd Green Light. 🚨When coin price going down sell it and again wait for red light. Best Chart Graph 📉 is for trading 1 minute.
#CryptoScamSurge
#AmericaAIActionPlan
#BTRPreTGE
#CryptoClarityAct
#BNBBreaksATH
Best Time to trade Pakistani Time 2 am to 5 am in the morning. Buy 2nd or 3rd Gainer Coin. Look at the investment amounts. If everyone is investing with a huge amount , then buy it with the 2nd Green Light. 🚨When coin price going down sell it and again wait for red light. Best Chart Graph 📉 is for trading 1 minute.
#CryptoScamSurge
#AmericaAIActionPlan
#BTRPreTGE
#CryptoClarityAct
#BNBBreaksATH
#CryptoScamSurge 🎭 When the Link Looks Clean… the Intent Runs Dark
When the message feels sweet,
and the offer feels kind,
Know the scam wears charm —
not warnings that blind.
When they promise you tokens,
with a smile and a claim,
It’s not a gift in disguise —
it’s a well-dressed game.
🎯
A blue check, a logo, a “secure” domain,
But behind the gloss, it’s the same old chain.
They don’t break in — they’re invited in,
With your trust, your click, and your hopeful grin.
⏳
When the message feels sweet,
and the offer feels kind,
Know the scam wears charm —
not warnings that blind.
When they promise you tokens,
with a smile and a claim,
It’s not a gift in disguise —
it’s a well-dressed game.
🎯
A blue check, a logo, a “secure” domain,
But behind the gloss, it’s the same old chain.
They don’t break in — they’re invited in,
With your trust, your click, and your hopeful grin.
⏳
$BNB $BOB + BNB Chain = Something’s Coming? 👀
The BNB Chain community is buzzing about these two images… and it might just be a major listing clue. Let’s break it down 🔍👇
🛠️ The Builder:
A construction worker in the image could symbolize the real heroes of BNB Chain — the devs, creators, and users building the future of decentralized finance.
🦸 The Superhero Figure:
Cape. Power pose. Yellow & black. This character could represent a specific project — maybe even $BOB — preparing to soar within the BNB ecosystem. The color scheme screams strength, value, and momentum.
🔥 Taking Off:
In the second image, our hero flies off into the skyline — symbolizing speed, innovation, and a project that’s about to explode in relevance.
🌇 Urban Sunset Scene:
A thriving, golden-hour skyline? That’s no accident. It signals growth, opportunity, and the expanding reach of BNB Chain projects.
👁 Bird’s Eye View:
This scene gives us a glimpse of what’s coming — a wide, forward-looking vision of an ecosystem on the move.
💡 Bottom Line:
The imagery seems like a coded message — hinting at a possible integration or listing of $BOB on BNB Chain. If true, this could be HUGE.
👀 Stay alert, BNB fam… something big may be flying in.
The BNB Chain community is buzzing about these two images… and it might just be a major listing clue. Let’s break it down 🔍👇
🛠️ The Builder:
A construction worker in the image could symbolize the real heroes of BNB Chain — the devs, creators, and users building the future of decentralized finance.
🦸 The Superhero Figure:
Cape. Power pose. Yellow & black. This character could represent a specific project — maybe even $BOB — preparing to soar within the BNB ecosystem. The color scheme screams strength, value, and momentum.
🔥 Taking Off:
In the second image, our hero flies off into the skyline — symbolizing speed, innovation, and a project that’s about to explode in relevance.
🌇 Urban Sunset Scene:
A thriving, golden-hour skyline? That’s no accident. It signals growth, opportunity, and the expanding reach of BNB Chain projects.
👁 Bird’s Eye View:
This scene gives us a glimpse of what’s coming — a wide, forward-looking vision of an ecosystem on the move.
💡 Bottom Line:
The imagery seems like a coded message — hinting at a possible integration or listing of $BOB on BNB Chain. If true, this could be HUGE.
👀 Stay alert, BNB fam… something big may be flying in.
#CryptoClarityAct is making big moves! Here's a quick update:
* House Passed It! 🏛️ The U.S. House of Representatives recently passed the Digital Asset Market Clarity (CLARITY) Act with strong bipartisan support (294-134 votes) on July 17, 2025. 🎉
* What it Does: 🧐 This act aims to bring much-needed clarity 📖 to crypto regulation. It's designed to define the roles of the SEC 🏛️ (Securities and Exchange Commission) and the CFTC ⚖️ (Commodity Futures Trading Commission) in overseeing digital assets. This means less confusion about what's a "digital commodity" and what's a "security." 💡
* Key Goals: 🎯
* Investor Protection: 🛡️ It seeks to safeguard consumers and investors.
* Innovation: 🚀 It aims to foster innovation in the U.S. crypto industry.
* House Passed It! 🏛️ The U.S. House of Representatives recently passed the Digital Asset Market Clarity (CLARITY) Act with strong bipartisan support (294-134 votes) on July 17, 2025. 🎉
* What it Does: 🧐 This act aims to bring much-needed clarity 📖 to crypto regulation. It's designed to define the roles of the SEC 🏛️ (Securities and Exchange Commission) and the CFTC ⚖️ (Commodity Futures Trading Commission) in overseeing digital assets. This means less confusion about what's a "digital commodity" and what's a "security." 💡
* Key Goals: 🎯
* Investor Protection: 🛡️ It seeks to safeguard consumers and investors.
* Innovation: 🚀 It aims to foster innovation in the U.S. crypto industry.
#StablecoinLaw 🚨 Big News from the U.S. – The GENIUS Act is Now Law! 🇺🇸💥
President Trump just signed the GENIUS Act, and honestly, it’s a massive milestone for the crypto space — all during what's being called Crypto Week. Let’s break down what this means:
🔹 Clear Stablecoin Regulations
The act finally gives us a proper regulatory framework for USD-backed stablecoins. Projects will now be required to hold 1:1 dollar reserves — no more shady backing or unverified claims. This is a huge step toward trust and stability.
🔹 No More Insider Profits (Sort of)
Congress members (and their families) are banned from making money off stablecoins to avoid conflicts of interest.
👉 But here's the twist: This rule doesn't apply to Trump or his family — make of that what you will. 😅
🔹 Power Play for the U.S.
The goal is clear: reassert American leadership in both global finance and the crypto industry. Trump even called it a “giant step” and a “massive validation” for the space.
---
🔥 This could seriously change the game.
What do you all think — is this the beginning of a new crypto era in the U.S., or just political theater?
President Trump just signed the GENIUS Act, and honestly, it’s a massive milestone for the crypto space — all during what's being called Crypto Week. Let’s break down what this means:
🔹 Clear Stablecoin Regulations
The act finally gives us a proper regulatory framework for USD-backed stablecoins. Projects will now be required to hold 1:1 dollar reserves — no more shady backing or unverified claims. This is a huge step toward trust and stability.
🔹 No More Insider Profits (Sort of)
Congress members (and their families) are banned from making money off stablecoins to avoid conflicts of interest.
👉 But here's the twist: This rule doesn't apply to Trump or his family — make of that what you will. 😅
🔹 Power Play for the U.S.
The goal is clear: reassert American leadership in both global finance and the crypto industry. Trump even called it a “giant step” and a “massive validation” for the space.
---
🔥 This could seriously change the game.
What do you all think — is this the beginning of a new crypto era in the U.S., or just political theater?
$SUI 🚨 Hey SUI! What's cooking? 🔥📉 Pump & Dump Alert?!
SUI just pulled a classic bull trap — shooting up to $4.2480 before getting slapped back down to $4.05. That strong rejection with big red candles tells us something 👇
⚠️ Market Sentiment 🤪 Weakening
Big sell-off after sharp pump
MA(7) is bending down — trend could reverse short-term
MACD & Volume suggest fading momentum 💨
🎯 if i give you free idea just for Scalpers Only...
🔻 Short Opportunity
📌 Entry: $4.06 – $4.08
🛑 Stop Loss: $4.26 (just above wick)
🎯 Target 1: $3.95
🎯 Target 2: $3.91
⚔️ Leverage: 5x or max 10x — manage risk tight!
💡 Wait for 1 more candle confirmation below MA(25) before entry for safer play.
This could be a mini dump before the next base forms 🧠
SUI just pulled a classic bull trap — shooting up to $4.2480 before getting slapped back down to $4.05. That strong rejection with big red candles tells us something 👇
⚠️ Market Sentiment 🤪 Weakening
Big sell-off after sharp pump
MA(7) is bending down — trend could reverse short-term
MACD & Volume suggest fading momentum 💨
🎯 if i give you free idea just for Scalpers Only...
🔻 Short Opportunity
📌 Entry: $4.06 – $4.08
🛑 Stop Loss: $4.26 (just above wick)
🎯 Target 1: $3.95
🎯 Target 2: $3.91
⚔️ Leverage: 5x or max 10x — manage risk tight!
💡 Wait for 1 more candle confirmation below MA(25) before entry for safer play.
This could be a mini dump before the next base forms 🧠
#AltcoinBreakout #AltcoinBreakout
Lately, the Altcoin market has been showing signs of being 'tight as a bowstring': some coins have been accumulating for a long time, and the volume suddenly skyrockets, as if ready to break the peak at any moment. If you buy at the right time, profits can be 3x or 5x; but if you 'panic buy' without setting a stop-loss, you could wipe out your account. Personally, I am gradually taking profits on the DEX exchange, while also slightly shifting to CEX to take advantage of flash loan opportunities – high risk, but also tremendous profits. Occasionally, I have to place OCO orders for 'eating without warning', to avoid constantly monitoring the market. Traders, remember to pay attention to capital management, don’t dive into FOMO and end up in debt. Let’s 'break the trend' together and share strategies to win together!
Lately, the Altcoin market has been showing signs of being 'tight as a bowstring': some coins have been accumulating for a long time, and the volume suddenly skyrockets, as if ready to break the peak at any moment. If you buy at the right time, profits can be 3x or 5x; but if you 'panic buy' without setting a stop-loss, you could wipe out your account. Personally, I am gradually taking profits on the DEX exchange, while also slightly shifting to CEX to take advantage of flash loan opportunities – high risk, but also tremendous profits. Occasionally, I have to place OCO orders for 'eating without warning', to avoid constantly monitoring the market. Traders, remember to pay attention to capital management, don’t dive into FOMO and end up in debt. Let’s 'break the trend' together and share strategies to win together!
🚨🚨🚨what is this ERROR Please Expert Suggestion ?
I can't convert or sell this token . Just in Spot Wallet and not locked. Balance showing but can't take any action
Unavailable ??????
#USCryptoWeek
#TradingStrategyMistakes
#BTCBreaksATH
#ETHBreaks3k
#ShariaEarn
I can't convert or sell this token . Just in Spot Wallet and not locked. Balance showing but can't take any action
Unavailable ??????
#USCryptoWeek
#TradingStrategyMistakes
#BTCBreaksATH
#ETHBreaks3k
#ShariaEarn
#MyStrategyEvolution A New Era in Trading Mindset
In the fast-paced world of crypto and finance, traders are sharing their journey under the hashtag #MyStrategyEvolution, reflecting a major shift in strategy and mindset. From impulsive trades to data-driven decisions, this movement highlights how real-world experience is reshaping trading habits.
Whether it's moving from scalping to swing trades, embracing risk management, or learning to control emotions during volatility, #MyStrategyEvolution is about growth, discipline, and adaptation. Influencers and beginners alike are contributing, showcasing how evolving strategies can lead to long-term success.
As market conditions change, so does the need to evolve. This trend is inspiring a new generation of smarter, more resilient traders ready to thrive in any market condition.
In the fast-paced world of crypto and finance, traders are sharing their journey under the hashtag #MyStrategyEvolution, reflecting a major shift in strategy and mindset. From impulsive trades to data-driven decisions, this movement highlights how real-world experience is reshaping trading habits.
Whether it's moving from scalping to swing trades, embracing risk management, or learning to control emotions during volatility, #MyStrategyEvolution is about growth, discipline, and adaptation. Influencers and beginners alike are contributing, showcasing how evolving strategies can lead to long-term success.
As market conditions change, so does the need to evolve. This trend is inspiring a new generation of smarter, more resilient traders ready to thrive in any market condition.
#TradingStrategyMistakes *The Liquidations Are Gonna Be Brutal* 🧠⚠️
So many people jumping in to *long or short Pump..... tokens* are setting themselves up for a *massive liquidation trap*.
💼💀 *Here’s what’s really going on:*
1️⃣ *Market Makers Are Cooking* 👨🍳📊
They *see your stops*, your leverage, your liquidations. They’re not guessing — they’re *engineering both sides* to wreck the crowd.
2️⃣ *Volatility = Profit for Them, Pain for You* 😵💫💸
They’ll pump it → trap longs
Then nuke it → trap shorts
Repeat.
3️⃣ *Leverage Traders Are Easy Targets* 🪤🔥
Most people using 10x–50x leverage will get *wiped out instantly* when price wicks in either direction.
4️⃣ *FOMO Will Ruin Risk Management* 😬💥
Chasing quick gains blinds people. If you’re not thinking long-term, you’ll just be *another liquidation statistic*.
🚨 *Please save your capital.*
If you're not an experienced trader with discipline and strategy, *this is a casino, not a market.*
✅ Wait. Observe. Enter only when it's asymmetric in your favor.
Preserve capital → that’s how you survive & thrive.
So many people jumping in to *long or short Pump..... tokens* are setting themselves up for a *massive liquidation trap*.
💼💀 *Here’s what’s really going on:*
1️⃣ *Market Makers Are Cooking* 👨🍳📊
They *see your stops*, your leverage, your liquidations. They’re not guessing — they’re *engineering both sides* to wreck the crowd.
2️⃣ *Volatility = Profit for Them, Pain for You* 😵💫💸
They’ll pump it → trap longs
Then nuke it → trap shorts
Repeat.
3️⃣ *Leverage Traders Are Easy Targets* 🪤🔥
Most people using 10x–50x leverage will get *wiped out instantly* when price wicks in either direction.
4️⃣ *FOMO Will Ruin Risk Management* 😬💥
Chasing quick gains blinds people. If you’re not thinking long-term, you’ll just be *another liquidation statistic*.
🚨 *Please save your capital.*
If you're not an experienced trader with discipline and strategy, *this is a casino, not a market.*
✅ Wait. Observe. Enter only when it's asymmetric in your favor.
Preserve capital → that’s how you survive & thrive.
#USCryptoWeek 😱🔥White House Embraces Crypto: Trump's Man Makes Shocking "Big Week" Statement!!🤯🇺🇸
Bo Hines, one of the figures at the center of US President Donald #TRUMP 's crypto policy, announced this week that America has entered a critical period in asserting its leadership in the cryptocurrency world. The House of Representatives' official declaration of July 14-18 as "Crypto Week" symbolized the beginning of this new era.
In his role as executive director of the White House Digital Assets Council, Hines declared, "The big week is beginning," and stated that two major bills for digital assets are expected to pass the House and Senate this week. These bills, #GENIUS and CLARITY, contain the most significant regulations for the crypto market in US history.
🧠 GENIUS Bill: A Roadmap for Stablecoins
The GENIUS (Guaranteed Electronic Notes Issuance and Utilization Standards) bill focuses on stablecoins. The bill's primary goal is to ensure both the security and encourage the growth of US dollar-backed stablecoins.
Bo Hines, one of the figures at the center of US President Donald #TRUMP 's crypto policy, announced this week that America has entered a critical period in asserting its leadership in the cryptocurrency world. The House of Representatives' official declaration of July 14-18 as "Crypto Week" symbolized the beginning of this new era.
In his role as executive director of the White House Digital Assets Council, Hines declared, "The big week is beginning," and stated that two major bills for digital assets are expected to pass the House and Senate this week. These bills, #GENIUS and CLARITY, contain the most significant regulations for the crypto market in US history.
🧠 GENIUS Bill: A Roadmap for Stablecoins
The GENIUS (Guaranteed Electronic Notes Issuance and Utilization Standards) bill focuses on stablecoins. The bill's primary goal is to ensure both the security and encourage the growth of US dollar-backed stablecoins.
BOOOOOM 😲🚨🚨🚨🚨#HYPERRRRR🎀🌷💋🫶🏻💗👏🏻🤭
$HYPER Is Blooming In The Skies Guys🤭🥹❤️🔥🤩😋,
It's Looking That It Will Pump Upto $1😛🌷💗
What A Great Journey Covering 435.45%👀🎀..... What Are Your Predictions On $HYPER 🎀👀🙌🏻💗🌷😛🤩❤️🔥
#BTCBreaksATH
#TrumpTariffs
#BTC突破7万大关
#HYPER
#SECETFApproval
$HYPER Is Blooming In The Skies Guys🤭🥹❤️🔥🤩😋,
It's Looking That It Will Pump Upto $1😛🌷💗
What A Great Journey Covering 435.45%👀🎀..... What Are Your Predictions On $HYPER 🎀👀🙌🏻💗🌷😛🤩❤️🔥
#BTCBreaksATH
#TrumpTariffs
#BTC突破7万大关
#HYPER
#SECETFApproval
🚨🚨🚨 AN ALARMING GREED🚨🚨🚨
😲😲😲BE Careful GUYS 🧐🧐🧐🧐
#BTCBreaksATH
#TrendTradingStrategy
#BTC走势分析
#BinanceHODLerLA
#banana
😲😲😲BE Careful GUYS 🧐🧐🧐🧐
#BTCBreaksATH
#TrendTradingStrategy
#BTC走势分析
#BinanceHODLerLA
#banana
$BTC Bitcoin has broken $114,000 for the first time, with traders now betting on a $120,000 target
Bitcoin just smashed past $114,000, and traders on Deribit are already piling into contracts that bet it’ll hit $120,000 before the month ends.
The bets didn’t come out of nowhere. Open interest has surged around strike prices of $115K and $120K, with longer-term options aiming even higher to $140K in September, $150K by December.
This all unfolded as Bitcoin logged its second day of a record-breaking rally. The trigger? A combination of institutional demand and political expectations. Bitcoin is already up 20% this year. That’s alongside the S&P 500, which has soared 30% from its April lows. Both charts are pointing straight up.
Shorts liquidated as traders crowd into bullish positions
Deribit isn’t the only place traders are showing their hands. Chris Newhouse, head of research at Ergonia, a DeFi trading firm, said the breakout followed the biggest short liquidation event since May 7.
“Yesterday’s move to all-time highs came after the largest short liquidation event since May 7th, with approximately $447 million in positions liquidated,” Chris said. Bears had built up too much exposure, and the market punished them.
The wipeout slowed down slightly afterward. When Bitcoin crossed $112K on Wednesday, it triggered a wave of panic covering. But in the following 12 hours, only $76.5 million in liquidations took place—down sharply from the day before. Those numbers came from Coinglass, which tracks exchange activity. Traders who bet against the rally were forced out, and the rest leaned even harder into the upside.
The funding rate for Bitcoin perpetuals is still positive. That matters because it shows traders are paying to stay long, literally. It’s one of the clearest signs that bullish bets are dominating the futures market. No hesitation. People are riding this.
Trump’s comments and corporate demand lift confidence
Bitcoin just smashed past $114,000, and traders on Deribit are already piling into contracts that bet it’ll hit $120,000 before the month ends.
The bets didn’t come out of nowhere. Open interest has surged around strike prices of $115K and $120K, with longer-term options aiming even higher to $140K in September, $150K by December.
This all unfolded as Bitcoin logged its second day of a record-breaking rally. The trigger? A combination of institutional demand and political expectations. Bitcoin is already up 20% this year. That’s alongside the S&P 500, which has soared 30% from its April lows. Both charts are pointing straight up.
Shorts liquidated as traders crowd into bullish positions
Deribit isn’t the only place traders are showing their hands. Chris Newhouse, head of research at Ergonia, a DeFi trading firm, said the breakout followed the biggest short liquidation event since May 7.
“Yesterday’s move to all-time highs came after the largest short liquidation event since May 7th, with approximately $447 million in positions liquidated,” Chris said. Bears had built up too much exposure, and the market punished them.
The wipeout slowed down slightly afterward. When Bitcoin crossed $112K on Wednesday, it triggered a wave of panic covering. But in the following 12 hours, only $76.5 million in liquidations took place—down sharply from the day before. Those numbers came from Coinglass, which tracks exchange activity. Traders who bet against the rally were forced out, and the rest leaned even harder into the upside.
The funding rate for Bitcoin perpetuals is still positive. That matters because it shows traders are paying to stay long, literally. It’s one of the clearest signs that bullish bets are dominating the futures market. No hesitation. People are riding this.
Trump’s comments and corporate demand lift confidence
#ArbitrageTradingStrategy #ArbitrageTradingStrategy Arbitrage isn’t gambling—it’s capitalizing on price inefficiencies. When I see ETH trading at $3,100 on Binance US and $3,110 on Binance Global, that $10 gap is profit waiting to be locked. But remember: fees, transfer times, withdrawal limits. My strategy:
1. Monitor price spread.
2. Calculate net profit after all fees.
3. Execute simultaneous buy + sell.
4. Repeat in low-slippage conditions.
It’s low-risk, low-margin, but steady—and guaranteed if executed right. Patience and automation make it work. Are you spotting those gaps yet?
1. Monitor price spread.
2. Calculate net profit after all fees.
3. Execute simultaneous buy + sell.
4. Repeat in low-slippage conditions.
It’s low-risk, low-margin, but steady—and guaranteed if executed right. Patience and automation make it work. Are you spotting those gaps yet?
#BTCBreaksATH Bitcoin has indeed broken its all-time high, reaching $113,661.34, with a 3.75% increase in the last 24 hours. This surge is reflected in its market capitalization, which stands at approximately $2.16 trillion. Here's a brief overview¹:
- *Current Price*: $113,661.34
- *Market Capitalization*: $2.16 trillion
- *24-hour Change*: +3.75%
- *All-Time High*: $113,833.84, reached earlier today
Other sources report slightly different prices, such as $113,115.43 with a 3.38% increase or $111,216.74 with a 2.29% increase, but the trend is clear: Bitcoin has broken its previous records.² ³
This surge might be influenced by various factors, including increased adoption, market sentiment, and global economic conditions. Some notable developments include⁴:
- *BlackRock IBIT ETF surpassing 700,000 Bitcoin holdings*
- *Trump Media & Technology Group filing for a crypto ETF*
- *Elon Musk's America Party embracing Bitcoin*
Keep an eye on market trends and news for further updates!
- *Current Price*: $113,661.34
- *Market Capitalization*: $2.16 trillion
- *24-hour Change*: +3.75%
- *All-Time High*: $113,833.84, reached earlier today
Other sources report slightly different prices, such as $113,115.43 with a 3.38% increase or $111,216.74 with a 2.29% increase, but the trend is clear: Bitcoin has broken its previous records.² ³
This surge might be influenced by various factors, including increased adoption, market sentiment, and global economic conditions. Some notable developments include⁴:
- *BlackRock IBIT ETF surpassing 700,000 Bitcoin holdings*
- *Trump Media & Technology Group filing for a crypto ETF*
- *Elon Musk's America Party embracing Bitcoin*
Keep an eye on market trends and news for further updates!
$SOL 💼 Solana Price Climbs as Institutional Demand Grows — $40M SOL Staking ETF Inflows Signal Strong Momentum
Solana recovers to $155 with support from the 50- and 100-day EMAs.
On its second day, Solana staking ETF inflows top $40 million.
SSK, the first US-regulated Solana ETF, combines access and staking incentives.
Solana (SOL) rose over 2% to $154 on Wednesday, indicating positive potential. After a sharp slump from $187 in May to $125 on June 22, the smart contract token recovered.
Due to institutional interest in tokenized real-world assets (RWAs) and exchange-traded funds, the price rose 22% off the range low.
Solana ETF receives $40 million.
The Solana staking ETF, SSK, debuted on Tuesday, offering institutional and individual investors access to smart contract assets. This product offers spot asset SOL exposure and staking rewards in the conventional financial market.
REX Shares and Osprey Funds created SSK to combine on-chain staking incentives with safe off-chain ETF trading via stock exchanges.
Bloomberg analyst Eric Balchunas said that the SSK ETF received $20 million on its first day of trading and $80 million on Wednesday.
Inflow volume is substantially lower than Bitcoin (BTC) and Ethereum (ETH) spot ETFs' inaugural trading days, but Balchunas noted SSK volume is doing nicely, with several numbers in the green.
After building a framework to speed up product listing, the Securities & Exchange Commission (SEC) has indicated about legalizing spot Solana ETFs.
Solana is above the 100-day Exponential Moving Average (EMA) at $153 and the 50-day EMA at $151.
A daily closing above the 100-day EMA at $153 might strengthen the bullish grip and boost the likelihood of an uptrend extension over the 200-day EMA at $158.
Still, traders should be cognizant of macroeconomic uncertainties and ready for a surprise volatility surge that might reverse a trend. Beyond the 100-day and 50-day EMAs, potential support zones are $147, tested Tuesday, and $125, tested June 22.
Solana recovers to $155 with support from the 50- and 100-day EMAs.
On its second day, Solana staking ETF inflows top $40 million.
SSK, the first US-regulated Solana ETF, combines access and staking incentives.
Solana (SOL) rose over 2% to $154 on Wednesday, indicating positive potential. After a sharp slump from $187 in May to $125 on June 22, the smart contract token recovered.
Due to institutional interest in tokenized real-world assets (RWAs) and exchange-traded funds, the price rose 22% off the range low.
Solana ETF receives $40 million.
The Solana staking ETF, SSK, debuted on Tuesday, offering institutional and individual investors access to smart contract assets. This product offers spot asset SOL exposure and staking rewards in the conventional financial market.
REX Shares and Osprey Funds created SSK to combine on-chain staking incentives with safe off-chain ETF trading via stock exchanges.
Bloomberg analyst Eric Balchunas said that the SSK ETF received $20 million on its first day of trading and $80 million on Wednesday.
Inflow volume is substantially lower than Bitcoin (BTC) and Ethereum (ETH) spot ETFs' inaugural trading days, but Balchunas noted SSK volume is doing nicely, with several numbers in the green.
After building a framework to speed up product listing, the Securities & Exchange Commission (SEC) has indicated about legalizing spot Solana ETFs.
Solana is above the 100-day Exponential Moving Average (EMA) at $153 and the 50-day EMA at $151.
A daily closing above the 100-day EMA at $153 might strengthen the bullish grip and boost the likelihood of an uptrend extension over the 200-day EMA at $158.
Still, traders should be cognizant of macroeconomic uncertainties and ready for a surprise volatility surge that might reverse a trend. Beyond the 100-day and 50-day EMAs, potential support zones are $147, tested Tuesday, and $125, tested June 22.
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