XRP-Händler sagen, dass der Kurs auf 14 US-Dollar steigen könnte, wenn sich ein ähnliches technisches Setup wie im Jahr 2017 bestätigt.
Cathie Wood von ARK verkauft erste Circle-Aktien für 52 Mio. US-Dollar
Circle ist mit einer Gewichtung von bis zu 6,7 % eine der größten ARK-Investments in seinen drei großen Fonds.
Solana price prediction: SOL to test the $140 support level after Pump.fun ban
Key takeaways
- SOL is the worst performer among the top 10 cryptocurrencies today, down 3.5% in the last 24 hours.
- Its poor rally can be attributed to Pump.fun’s account ban on X and the ongoing conflict in the Middle East.
Crypto market still reeling from the Middle East crisis
The cryptocurrency market has had a bearish few days, courtesy of the ongoing conflict between Iran and Israel. Bitcoin, the leading cryptocurrency by market cap, has lost 3.4% of its value over the past seven days and currently risks dropping below $105k. At press time, the price of Bitcoin stands at $105,688 per coin.
Thanks to the ongoing bearish performance, the total cryptocurrency market cap has dropped below $3.3 trillion.
SOL, Solana’s native coin, is one of the worst performers among the top 10 cryptocurrencies by market cap. While it is affected by the same fundamentals as the broader market, other catalysts have helped dampen SOL’s performance.
SOL dips to $150 on Pump.fun’s X ban
SOL is currently trading at $150.08, down 3.43% in the last 24 hours. Its poor performance can be attributed to the unexpected suspension of Pump.fun from X. Pump.fun is the leading memecoin launchpad on the Solana blockchain.
Social media platform X suspended the X accounts of Pump.fun, its co-founder, Alon Cohen, and several high-profile meme projects, including GMGN and ElizaOS. This was a major blow because Pump.fun had become a major driver of onchain activity and speculative momentum on Solana. Thousands of memecoins have launched on the Solana blockchain over the past few months, thanks to Pump.fun.
In addition to the Pump.fun X ban, the ongoing conflict in the Middle East is affecting the performance of Bitcoin, Solana, and other major cryptocurrencies.
SOL could test the $140 support level
While SOL is trading around $150 at the moment, it could dump to the $140 support level in the coming hours or days. Currently, SOL is forming a descending triangle, a bearish reversal pattern.
If SOL fails to bounce back after hitting the $140 support level, then the cryptocurrency could dump further and head towards the $110 psychological mark. Furthermore, the MACD is hinting at weakness, with the $140 support level could give way for a dump towards $110 in the near term.
Despite the ongoing bearish price action, SOL could bounce back if there is a ceasefire in the Israel-Iran conflict. Currently, capital is moving into the U.S. Dollar and Gold as safe-haven assets while risk-based assets like Bitcoin and Solana underperform. With a ceasefire, SOL could quickly reclaim the $170 resistance level.
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El Salvador: 240 Bitcoin (BTC) seit IWF-Deal gekauft
Das zentralamerikanische Land hat seine täglichen Bitcoin-Käufe fortgesetzt, obwohl mit dem IWF im Dezember 2024 ein Akkumulationsverbot vereinbart wurde.
Ethereum staking skyrockets as whales aggressively accumulate ETH
- Ethereum is poised above $2,500 amid massive whale accumulation
- Also signaling bullish sentiment is the surge to 35 million staked ETH for Ethereum staking.
- The Ethereum price could rally amid multiple catalysts.
Ethereum (ETH) is witnessing a significant surge in staking activity, underpinned by aggressive accumulation from large holders.
As whales up their buying pressure, Ethereum’s price has shown greater resilience above the $2,500 level.
According to CoinMarketCap, ETH traded around $2,549, down 2% and 7% in the past 24 hours and week respectively. However, the top altcoin remained above the crucial level and was seeing massive whale buying.
Crypto analysts from glassnode and CryptoQuant point out that the whale behaviour and spike in ETH staking could be a massive upward momentum driver for the altcoin.
Notably, accumulation of the second-largest cryptocurrency by market cap is hitting levels last seen in 2017, while strategic positioning via staking has pushed the total ETH staked to fresh all-time highs.
Ethereum whale accumulation skyrockets to 800k daily
Data from Glassnode highlights a remarkable trend, with Ethereum whales accumulating over 800,000 ETH daily for nearly a week, culminating in a record 871,000 ETH net inflow on June 12—the highest single-day figure year-to-date.
This cohort of addresses now controls 27% of the total ETH supply, a level of concentration that has historically preceded major market breakouts.
Glassnode’s data shows a sharp increase in whale net position change since early June, correlating with a gradual rise in ETH’s price from its recent lows. This accumulation echoes the strategic buying seen in 2017, a period that preceded a significant bull run.
“For nearly a week, daily whale accumulation has exceeded 800K ETH, pushing holdings in 1k–10k wallets to >14.3M ETH. On June 12 alone, Ethereum whales have added over 871K ETH – the highest daily net inflow YTD,” Glassnode noted. “This scale of buying hasn’t been seen since 2017.”
Market analysts suggest that institutional demand, fueled by ETF filings and new derivatives liquidity tools, alongside bullish social sentiment, is driving this activity.
While technical indicators such as the Moving Average Convergence Divergence suggest possible weakness, many of the technical factors favour buyers.
ETH staking surges
While Ethereum price has stagnated since attempting to reclaim its all-time high above $4k, on-chain data shows holders want to earn from their assets.
This sees the Ethereum staking ecosystem witness a notable spike in activity – particularly from long-term holders. On June 17, 2025, CryptoQuant shared details of what analysts say is a spike in ETH staking to all-time high levels.
Per Onchain School, ETH has hit an ATH in staking with more than 35 million locked.
“Alongside this, Accumulation Addresses (holders with no history of selling) have also reached an all-time high, now holding 22.8 million ETH,” the analyst noted.
Staking allows token holders to lock their ETH and earn rewards as they support the network. This reduction in circulating supply has in the past week helped Ether tokens hold onto gains.
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