cryptominingfirm

Whales Sell, ETF Hype Builds — Can #Solana Hold $200?
Whale wallets move over $240 million in SOL to exchanges, raising sell pressure concerns.
Optimism grows as Solana ETF nears launch — potentially offsetting whale activity.
SOL price hovers above key $190–200 support; holding this zone could trigger the next rally toward $260.
Solana (SOL) is currently caught between two opposing forces: whale wallets transferring large amounts of tokens to exchanges, and growing optimism surrounding the soon-to-launch SOL ETF.
The key question arises amid short-term sell pressure and improving macro sentiment: Can SOL hold the $190–200 support zone to ignite a new bullish wave?
Whale Sell-off or Portfolio Rebalancing?
Recent on-chain data shows notable movements in Solana holdings. Forward Industries reportedly transferred around $192 million worth of SOL to Coinbase, while Galaxy Digital moved 250,000 SOL (≈$50 million) to Binance. Such large deposits are often interpreted as potential selling signals from institutional or whale investors.

However, optimism is building around the upcoming SOL ETF, which could counter selling pressure. 21Shares has filed a Form 8-A(12B) with the US SEC, the final step before the ETF can officially go live. If approved, this could channel new institutional inflows into Solana, helping absorb some of the market’s supply from whales.
Support Test, Price Gaps, and The Next Move for SOL
From a technical standpoint, SOL has broken out of an 18-month reaccumulation range, roughly $100–200 since mid-2023. It successfully retested $190 and now trades above $200. This lays the groundwork for a potential move toward higher resistance levels. Analyst Ali sees $260 as the next key target.

Applying Elliott Wave theory, another analyst interprets the recent pullback as a corrective wave 2, suggesting that wave three could soon follow with strong upside potential. The $190–200 range is an ideal entry zone for long-term accumulation. If SOL breaks above $287, it could confirm a breakout to $550 and above, extending Solana’s uptrend.
As noted by BeInCrypto, if SOL consolidates above $190 and builds strength within the $172–197 area, it could mark a promising accumulation phase. Still, traders must monitor the $215–224 zone, which is now acting as critical short-term resistance.
Another analyst’s contrasting view highlights something about ETH and SOL. While ETH has already filled its fair value gaps, signaling potential sideways movement, SOL still has an unfilled gap around $204–210. This positions SOL as a stronger short-term candidate.
“SOL, on the other hand, hasn’t filled the gap yet, making it likely a better bet than ETH for short-term trades,” the analyst commented.
In summary, the bullish scenario for SOL hinges on its ability to hold $190–200, fill the $204–210 gap, and break above $260, especially if ETF-driven institutional demand materializes. Conversely, if whales continue offloading positions, SOL could revisit the $100–150 accumulation range before mounting its next significant rally.
#CryptoMining
#XRP #FinancialInvestment #Cryptocurrency #CRYPTOMININGFIRM $SOL
$BTC
$BNB

Analysts suggest that the recent Fed rate cut might signal a market reversal rather than an altcoin season, affecting Solana (SOL) and XRP prices.
The recent Federal Reserve rate cut has sparked discussions in the cryptocurrency community, with contrasting views on its implications. While some experts anticipated the move would usher in a new altcoin season, others, like prominent crypto analysts, argue it may instead signal a broader market reversal.
Bitcoin and Altcoin Dynamics
Following the Fed's decision to reduce rates by 25 basis points, Bitcoin's price briefly fell to $109,000. Although Bitcoin (BTC) has shown resilience, consistently pushing higher, many altcoins, including Solana (SOL) and XRP, have struggled to maintain similar momentum. According to CryptoNews, these altcoins remain significantly below their previous highs from 2021.
Analysts suggest that the end of quantitative tightening in December could inject fresh liquidity into the market. However, they caution against expecting an immediate altcoin rally, pointing to past instances where initial optimism led to short-lived pump-and-dump cycles.
Solana and XRP Price Outlook
For Solana (SOL) and XRP, the current market phase may represent a period of consolidation. SOL is reportedly trading within key support and resistance levels, potentially positioning it for a breakout towards the $210 to $225 range. Meanwhile, XRP is testing a major support level around $2.60, with the potential for a short-term dip to $2.40 if support fails. Nonetheless, analysts maintain a bullish outlook, anticipating that the rate cut could eventually trigger a broader market rally.
#XRP #CryptoMiningFirm $SOL
$XRP
#FinancialInvestment #Cryptocurrency y

Analizētājs Cointelegraph teica jūlijā, ka valis un valsts uzņēmumi, kas krāj BNB, kopā ar regulāriem tokenu dedzināšanas procesiem, sūta monētas cenu augstāk.
BNB, BNB ķēdes vietējais tokens — slāņa 1 blokķēde, ko izveidojusi kriptovalūtu birža Binance — ir sasniedzis jaunu visu laiku augstāko līmeni, plānojot uzlabojumus un plašāku tirgus pieaugumu.
Tokena cena pirmo reizi sasniedza $1,111.90 piektdien, pēc tam kad pēdējās 24 stundās pieauga vairāk nekā par 7.4% un nedēļas laikā pieauga par 17.5%, saskaņā ar datu apkopotāju CoinGecko.

Viskritiskākā nedēļas diena ir pienākusi: FED oktobra procentu likmes lēmums tiek gaidīts šodien par #Bitcoin un #Altcoins! – Tramps atkal mērķē uz Pauelu iepriekš! Šeit ir viss, kas jums jāzina!
Fed oktobra procentu likmes lēmums par Bitcoin un kriptovalūtām un Fed priekšsēdētāja Džeroma Pauela runa tiek gaidīta.
Visas acis pasaulē, tostarp Bitcoin, zelts un globālās tirgus, atkal ir koncentrējušās uz FED procentu likmes lēmumu.
Kamēr tirgus aktivitāte pieaug pirms FED procentu likmes lēmuma, investori meklē atbildes uz jautājumu: “Kāds būs FED procentu likmes lēmums šajā mēnesī?”