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Solana (SOL) Price Stuck at a Major Resistance—Can it Reach $180 in May 2025?
The post Solana (SOL) Price Stuck at a Major Resistance—Can it Reach $180 in May 2025? appeared first on Coinpedia Fintech News The crypto market, since the beginning of the second fortnight of the month, has been experiencing a pivotal trend reversal, altering the prevailing direction and amplifying liquidity-driven opportunities. Meanwhile, Solana exhibited a strong bullish breakout this week, surging above $150 and showing robust ecosystem metrics supported by both technical and on-chain performance. SOL’s market activity offers a clear window into current sentiment, underpinned by strong fundamentals and amplified by emerging ecosystem narratives. At the start of the week, SOL traded around $134, experiencing moderate fluctuations and rebounded, closing near $140. With this, the token quickly entered an upward channel, which strengthened mid-week after a breakout through previous resistance zones. The most significant breakout occurred in the past couple of days when the price closed above $150 for the first time in Q2, registering a gain of over 10%. Solana On-Chain Analysis Solana’s TVL continues to hold strong at $8.54 billion, reflecting sustained capital commitment to Defi applications on the platform. Social media highlights active development with new partnerships and an increase in staking. Interestingly, Solana surpassed Ethereum in staked market cap, hinting towards a rise in adoption. Despite the bullish indicators, why is the SOL price stuck within a narrow range? Along with the sluggish movement of Bitcoin, the transfers of the SOL token to CEX could have raised some concerns. Pumpfun, a popular Solana-based marketplace, has transferred more than 117K SOL tokens to Kraken in the past few hours. With this, it has deposited a total of over 3 million SOL tokens at $186 and sold nearly 264,373 at $158. These whale-sized SOL deposits usually spell short-term turbulence, as major exchange transfers often foreshadow sell pressure or active hedging. What’s Next? Will SOL Price Reach $200 in Q2, 2025? Solana has displayed a massive rebound after reaching the lows below $100, which witnessed a huge rise in the buying pressure. This validated the presence of bulls who further pushed the price back above $150. With this, the token has reached the threshold of a bullish pattern, and hence, a breakout from this range could initiate a fresh upswing of over 30%. Although the price is facing some bearish pressure, the token remains prone to maintaining a healthy ascending trend. After a bullish crossover, the Ichimoku cloud has turned bullish, which suggests a change in the trend of the rally. On the other hand, the OBV, the volume-based indicator, is constantly rising, which suggests a confirmation of a bullish trend. Therefore, the Solana price, which is facing a minor upward pressure, is expected to hold above the resistance at $150 and withstand bearish activity. Once the selling pressure fades, a fresh upswing could push the price above $180, which may validate a rise to $200 later this year.

coinpedia 2025-04-25 20:39
As Bitcoin and altcoin prices rise, should you sell in May and go away?
Bitcoin and altcoin prices continued their recovery, and are on track for their best weekly close since January. The Bitcoin ( BTC ) price has jumped for three consecutive weeks and is now 28% above its lowest level this month. Most altcoins have also jumped, with the best weekly performers being Official Trump (TRUMP), Sui ( SUI ), Dogwifhat ( WIF ), Fartcoin ( FARTCOIN ), and Stacks ( STX ). All these tokens have jumped by over 50% in the last seven days. Other risky assets have also bounced back. The S&P 500, Nasdaq 100, and Dow Jones indices have all soared by more than 10% from their monthly lows. Stocks and crypto prices have jumped as Donald Trump signaled he is ready to reach a trade deal . He also ruled out firing Jerome Powell, the Fed Chair, who has reiterated that interest rates will not be cut until inflation falls towards the 2% target range. Bitcoin has also emerged as a safe haven as risks rose. While its performance lagged behind that of gold, it still outperformed American stocks. Is it safe to sell Bitcoin and altcoins in May and go away? “Sell in May and go away” is a popular phrase in financial markets. It is based on the theory that stocks often underperform in May and during the summer months, as investors travel and stay away from the market. Seasonality data indicates that Bitcoin’s average return in May is 7.95%, which is lower than the double-digit growth seen in the previous three months. As shown below, the second and third quarters are historically the worst-performing periods for Bitcoin. Bitcoin seasonality chart | Source: CoinGlass Analysts have a mixed outlook for Bitcoin and other altcoins as the recovery continues. In a note, Nansen warned that the ongoing rally could be due to the Fear of Missing Out, which normally happens ahead of a local top. You might also like: Is Ethereum dead? Chart shows the key ETH price to watch Ki Young Ju, the founder of CryptoQuant, noted that Bitcoin has not yet broken out. Instead, it is in a wide range and could resume the downtrend unless it jumps above $100,000. After I said the bull cycle was over, #Bitcoin dropped 10%—but now it’s 10% above where it was when I made that call. I still think we’re moving within a wide range. If it breaks above $100K, I’ll gladly admit I was wrong. Until then, I’m keeping an eye on the data for a few… — Ki Young Ju (@ki_young_ju) April 23, 2025 Other analysts are optimistic that Bitcoin could keep rising, citing the expanding M2 money supply and increasing institutional demand. Indeed, spot Bitcoin ETFs have continued to attract inflows, while firms like Cantor Fitzgerald and SoftBank have started investing in Bitcoin. Bitcoin price technical analysis points to a surge BTC price chart | Source: crypto.news Technical analysis suggests that it may not be ideal to “sell Bitcoin and altcoins in May and go away.” The weekly chart shows that Bitcoin has formed an ascending channel and recently retested the lower side. BTC has remained above the key support at $68,845, which marks the upper side of the previous cup and handle pattern. It has also stayed above the 100-day moving average, signaling that bulls are still in control. Therefore, the coin will likely continue rising and possibly retest its all-time high of $109,285. A move above that level would point to further gains, potentially reaching $125,000. The main catalyst for this would be progress in trade deals or negotiations with countries like China, South Korea, the European Union, and Japan. These deals could prompt the Federal Reserve to begin cutting interest rates, which would likely boost Bitcoin, altcoins, and stocks higher. You might also like: Here’s why Dogwifhat, Jupiter, Zerebro, Popcat coins are going up

crypto.news 2025-04-25 20:12
Has Fartcoin run out of gas? Elliott Wave analysis suggests yes
Fartcoin has approached a major inflection zone after completing a potential Elliott Wave structure. The token’s recent price action suggests a shift in market dynamics, and traders are watching closely for signs of a larger corrective move. Fartcoin ( FARTCOIN ) currently encountering a critical resistance level that aligns with the end of a bullish five-wave Elliott structure and the start of a larger wave D of an ABCD corrective phase. After an extended rally, the market is showing signs of fatigue, which could result in a shift from impulsive to corrective behavior. This transition phase is pivotal, as it may define the next macro trend for Fartcoin. Key technical points FART has completed a textbook five-wave bullish Elliott Wave formation. The $1.15–$1.30 region is acting as a bearish order block with no sustained candle closures above. A macro ABCD correction may be forming, indicating a larger downtrend may follow. FartCoin USDT (1D) Chart Source: TradingView The structure of Fartcoin’s recent uptrend resembles a completed Elliott Wave 5, with each subwave clearly visible. Typically, after such a structure, markets transition into corrective phases, often in the form of ABC or more complex ABCD patterns. The rejection near $1.15, with multiple failed attempts to close above $1.30, signals strong supply and bearish sentiment at these levels. Adding further weight to this analysis, the $1.30 region has now formed what appears to be a bearish order block on the daily chart. Historically, this level was a zone of aggressive selling pressure, and price has once again failed to accept above it. The lack of follow-through volume or momentum suggests that market buyers are weakening. You might also like: TRUMP coin soars 73% on dinner hype — but July’s unlocks could tell a very different story Looking at the broader timeframe, Fartcoin may be initiating a macro ABCD correction. If this plays out, it could take several weeks or even months to develop fully. Still, the implications are significant, it could mean a revisit of previous lows or even the formation of new ones. This aligns with Elliott Wave Theory, which posits that after five impulsive waves, a correction usually follows before the market resumes its trend direction or continues to consolidate. Outlook for price development Given current technicals, Fartcoin appears to be entering a period of reassessment. A breakdown from this region would confirm a macro lower high and validate the beginnings of a deeper retracement. Price action will need to either break through the $1.30 resistance with conviction or confirm rejection by forming a lower high below it. If bulls fail to retake the level convincingly, traders may begin targeting the $0.90–$1.00 support range as a first stop, with further downside potential extending to previous swing lows. Read more: Here’s why Dogwifhat, Jupiter, Zerebro, Popcat coins are going up

crypto.news 2025-04-25 20:10
Ethereum to Quadruple Gas Limit in Fusaka Upgrade: Report
Ethereum developers propose raising the gas limit to 150 million for the Fusaka hard fork. Fusaka hard fork aims to scale Ethereum without adding new features, launching in late 2025. Gas limit increase could boost scalability, but may cause client issues to address. Ethereum’s developers are proposing a quadruple increase in the gas limit as part of the Fusaka upgrade. They plan to implement a test that would raise Ethereum’s gas limit to 150 million by the Fusaka hard fork. This proposal is outlined in Ethereum Improvement Proposal (EIP) 9678, introduced by Sophia Gold from the Ethereum Foundation’s protocol support team on April 23, 2025. Another week, another busy ACD Pectra is ready to go, some turbulence around EOF, but strong confidence around shipping PeerDAS and raising the L1 gas limit https://t.co/uXo6S6YmVb — timbeiko.eth (@TimBeiko) April 24, 2025 The rationale behind this proposal to increase the gas limit is to enhance Ethereum’s Layer 1 execution capacity without requiring the addition of new features to the Ethereum platform. The move was proposed during the recent All Core Devs Execution (ACDE) meeting. The gas limit would be introd… The post Ethereum to Quadruple Gas Limit in Fusaka Upgrade: Report appeared first on Coin Edition .

Coin Edition 2025-04-25 19:45
BSV, VIRTUAL, TRUMP soar as Bitcoin crosses $95k
The cryptocurrency market is abuzz as Bitcoin surges past $95,000, with the benchmark digital asset reaching highs of $95,564 across major exchanges. As the broader crypto market mirrored stocks, several altcoins exploded. Among the standout performers at the time of writing were Bitcoin SV (BSV), VIRTUAL, and Official Trump (TRUMP). Meanwhile, on April 25, 2025,

Invezz 2025-04-25 19:30
SEC delays decision on Polkadot ETF – What’s going on behind the scenes?
Could Polkadot’s ETF approval still flip the script for altcoins this summer?

AMB Crypto 2025-04-25 19:00
SEC Extends Review for Polkadot, Hedera, and Bitwise Crypto ETF Proposals
Grayscale Polkadot Trust application review now gets an extended timeline to June 11. The decision for the Bitwise Bitcoin ETF and Ethereum ETF has been postponed until June 10. The SEC has now extended review periods for multiple ETF applications, including Hedera ETF. The U.S. Securities and Exchange Commission has extended its review periods for several cryptocurrency exchange-traded fund (ETF) applications. These include proposals for Polkadot and Hedera ETF products, as the regulatory body continues to process dozens of digital asset investment vehicles. Polkadot, Hedera, and Bitwise Crypto ETFs Review Extended According to regulatory filings published on April 24, 2025, the SEC has delayed its decisions on the Grayscale Polkadot Trust (DOT) , Canary Capital’s Hedera (HBAR) ETF, and the Bitwise Bitcoin and Ethereum ETF . These postponements come as SEC Chairman Paul Atkins’ agency evaluates more than 70 crypto-related ETF proposals. In its notice regarding the Bitwise Bitcoin and Ethereum ETF , the SEC stated it “finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time t… The post SEC Extends Review for Polkadot, Hedera, and Bitwise Crypto ETF Proposals appeared first on Coin Edition .

Coin Edition 2025-04-25 19:00
PancakeSwap (CAKE) announces Syrup Pool migrations & shutdowns ahead of BSC fork
Binance Smart Chain’s leading decentralized exchange, PancakeSwap, prepares for massive updates involving the migration and retirement of multiple Syrup Pools. The move comes as the DEX prepares for an upcoming BSC mainnet upgrade scheduled for 29 April 2025. PancakeSwap has adopted a proactive approach to ensure compatibility with the update chain. Thus, the trading platform

Invezz 2025-04-25 18:32
Altcoins Surge: Key Movements in Ethereum, XRP, Cardano, Solana, and Hype
Ethereum shows potential for a significant upward move if buying volume increases. XRP's sustainability concerns hinge on volume, with a target of $3 ahead. Continue Reading: Altcoins Surge: Key Movements in Ethereum, XRP, Cardano, Solana, and Hype The post Altcoins Surge: Key Movements in Ethereum, XRP, Cardano, Solana, and Hype appeared first on COINTURK NEWS .

CoinTurk News 2025-04-25 18:02
Helium skyrockets 16% – yet THIS line could flip the script!
Helium’s big play is the live traffic AT&T and Telefónica are already pushing through its decentralized hotspots.

AMB Crypto 2025-04-25 18:00
Here’s When Altcoins Like XRP, ADA and DOGE Will Rally
The post Here’s When Altcoins Like XRP, ADA and DOGE Will Rally appeared first on Coinpedia Fintech News The crypto market is consolidating after a strong rally earlier this week, with Bitcoin holding above $94,000. Although some altcoins experienced a pullback during the market-wide corrections, Dogecoin, Solana and ONDO have stood out with impressive gains. DOGE is up over 3%, while SOL and ONDO are up over 3% and 11% respectively. XRP and ADA have also posted gains of over 6% and 16%, respectively, over the past week, showing strong potential. Analyst Ash crypto believes that an altcoin season is coming, citing several key indicators. In his latest analysis, he said that the altcoin market cap is bouncing back from the $835 billion support level, like it did in Q1 and Q4 of November, likely setting the stage for another rally. Historical data shows that similar market set ups in March and November 2024 have led to successful altcoin seasons. This could mean that the Q2 2025 could be a promising period for altcoins. WHY I BELIEVE ALTCOIN SEASON IS HAPPENING SOON? – Altcoin market cap is bouncing off $835B support, like in Q1 & Q4 2024. – We've seen 2 altseasons from similar setups (March & Nov 2024). – Q2 2025 could bring the next wave. -"OTHERS" (alts outside top 10) are leading the… pic.twitter.com/Ta7T8vcjW1 — Ash Crypto (@Ashcryptoreal) April 24, 2025 Macroeconomic Factors Show Positive Signs Furthermore, altcoins outside the top 10 are currently leading the charge, a trend seen in previous rallies. The macroeconomic sentiments are further supporting the bullish outlook. The three month tariff pause and the ongoing negotiations are making room for growth. With the Quantitative Tightening (QT) easing, there could be potential Fed rate cuts that could fuel altcoin growth. Besides, multiple altcoin ETFs have been filed and the approvals could further boost altcoins. Analyst Michaël van de Poppe also shared that crypto just had its longest bear market, and now a huge bull run is likely starting, with altcoins set for massive gains. The CMC Altcoin Season Index is currently at 15 which shows that Bitcoin is still dominating the market with 63.5% of the market share. The crypto fear and greed index currently stands at 52, signaling a neutral sentiment among investors.

coinpedia 2025-04-25 17:55
Surprising Move from Nvidia, Exceeding $2.6 Trillion! The Expected Partnership with Surprise Altcoin Has Been Unilaterally Suspended!
Despite ongoing efforts in the crypto space for companies to collaborate with the AI sector, the world’s number one artificial intelligence chipmaker Nvidia continues to distance itself from crypto-related projects. Nvidia has unilaterally suspended its collaboration with Arbitrum (ARB), according to Coindesk. Arbitrum was expected to announce a partnership with Nvidia as the exclusive Ethereum partner for Nvidia’s Ignition AI Accelerator program. However, Arbitrum stated that it had planned to be an Ethereum partner in Nvidia's Ignition AI Accelerator program but was stopped by Nvidia at the last moment. The last-minute halt to the anticipated partnership with Arbitrum demonstrates Nvidia’s clear stance against including blockchain projects in its programs, despite expectations of collaboration from the industry, as Nvidia recently explicitly excluded cryptocurrency-related projects from its Inception program. “We received last minute information from Nvidia requesting a pause on the announcement, but they did not provide any details as to why,” an Arbitrum spokesperson told Coindesk. This approach from Nvidia is not new. Nvidia has been cautious about cryptocurrencies since 2018, following the ICO boom, which the company referred to as the “cryptocurrency blues.” While Nvidia CEO Jensen Huang clearly stated in his statements that cryptocurrencies do not add anything useful to society, Nvidia CTO Michael Kagan criticized the crypto sector by saying, “Crypto does not bring anything useful to society. I never believed that crypto would do anything good for humanity.” *This is not investment advice. Continue Reading: Surprising Move from Nvidia, Exceeding $2.6 Trillion! The Expected Partnership with Surprise Altcoin Has Been Unilaterally Suspended!

BitcoinSistemi 2025-04-25 17:34

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