Bitcoin dropped 3% to $62,000 amid broader market pressure, yet long positions are increasing, suggesting potential dip-buying. While technical indicators hint at further downside risks before a rebound, holding the $62K support could pave the way for a recovery toward $66K. Meanwhile, new Layer 2 projects like Bitcoin Hyper are gaining traction as investors seek asymmetric upside opportunities beyond direct BTC exposure.
An anonymous whale has opened a high-risk $38.14 million short position on Solana with 20x leverage on Hyperliquid, signaling potential bearish sentiment. With a liquidation price just 22.5% above the entry, the trade highlights the dangers of extreme leverage in DeFi while reflecting a broader shift of trading volume toward decentralized platforms.
Crypto ETFs began the week cautiously with $134.56M in combined outflows for bitcoin and ether. While Ark and Fidelity saw inflows, overall bitcoin funds lost $68M. XRP ETFs continued their winning streak with $5.3M inflows, whereas solana and HYPE products recorded no activity.
This article analyzes Solana (SOL)'s price potential from 2026 to 2030, highlighting key technical levels at $80 support and $150 resistance. Driven by ecosystem growth, DePIN integration, and potential ETF approvals, SOL could reach $250 by 2027 and potentially $800 by 2030 in a bullish scenario. However, investors must consider risks like regulatory changes and network stability.
MyTonWallet has rebranded to My Wallet following its expansion to support 11 blockchains, including TON, Solana, and Ethereum. Serving over 9 million users, the updated platform features integrated portfolio tracking, a native AI agent for natural language commands, gasless transfers, and advanced transaction simulation. Ranked No. 7 in CertiK security, My Wallet maintains its self-custodial nature while enhancing usability across mobile, desktop, and browser extensions.
MyTonWallet has rebranded to My Wallet following its expansion to 11 blockchains, including Solana, Ethereum, and Base. Serving over 9 million users, the self-custodial platform now features integrated portfolio tracking across all supported networks, a native AI agent for natural language commands, and gasless transfers. Ranked No. 7 by CertiK for security, My Wallet aims to simplify crypto usability with unified activity history, transaction simulations, and upcoming support for Bitcoin and hardware wallets.
Baillie Gifford has launched a native onchain bond fund on Ethereum and Solana, utilizing BNY for infrastructure and NatWest as depositary, marking a shift away from simple token wrappers.
Despite Solana outperforming Hyperliquid in revenue, SOL's token price struggles, highlighting a growing disconnect between network utility and market valuation.
Toss Bank partners with Solana Foundation to pilot cross-border remittance solutions, while SOL dominates 95% of the tokenized stock market as price stabilizes near $71.
Baillie Gifford has launched BAGEY, the UK's first fully onchain tokenized fund, in partnership with BNY. Unlike typical wrappers, this dollar-denominated fund operates entirely on blockchain infrastructure, targeting qualified investors with ~7% yields. The launch follows new FCA guidelines permitting public DLT use, though unrelated Solana tokens with the same ticker have also appeared.