Morgan Stanley files a Form S-1 application for Solana Trust in the US

  • Morgan Stanley files S-1 for a trust tracking Bitcoin(BTC) and Solana (SOL).
  • The trust will stake SOL, reflecting rewards in its NAV.
  • SOL price rises 2.44%, breaking key Fibonacci resistance.

Morgan Stanley has officially filed a Form S-1 application with the US Securities and Exchange Commission (SEC) to establish Bitcoin and Solana Trusts.

The move highlights the bank’s growing interest in the cryptocurrency sector. It also reflects Morgan Stanley’s strategy to provide clients with diverse investment opportunities in digital assets.

The proposed Solana Trust will allow investors to gain indirect exposure to Solana (SOL) without holding the cryptocurrency directly.

Morgan Stanley’s institutional push into Solana

The S-1 filing outlines plans to structure the Solana Trust as a Delaware statutory trust.

Shares in the trust are expected to track the performance of SOL through a designated pricing benchmark.

The trust will also stake a portion of its Solana holdings through regulated third-party providers.

This staking mechanism allows rewards to be reflected in the fund’s net asset value (NAV).

Morgan Stanley’s involvement signals regulatory confidence in Solana-based financial products.

It mirrors the adoption path of Bitcoin ETFs, which saw significant inflows after bank-backed launches.

The trust is passively managed, meaning it will hold Solana without active trading or leverage.

Custody arrangements will involve regulated third parties to safeguard investor assets.

The S-1 filing remains preliminary, with sales permitted only after SEC effectiveness.

Investors seeking exposure to Solana through traditional brokerage accounts now have a potential path via this trust.

Implications for the crypto market

Institutional adoption like this tends to reduce sell pressure on staked assets.

Already, over 563 million SOL are staked across the network, supporting price stability.

The bank’s Bitcoin product will be called Morgan Stanley Bitcoin Trust.

The trust will hold Bitcoin outright similar to the Solana Trust, without the use of derivatives or leverage, and will calculate its net asset value daily based on a pricing benchmark drawn from major spot exchanges.

The fund will follow a passive strategy and will not actively trade Bitcoin in response to market conditions.

Notably, Morgan Stanley’s filing follows Bitwise’s $16.8 million Solana ETF inflows earlier this week.

It also coincides with a broader trend of altcoin rotation, as Bitcoin dominance dips and investors seek high-beta opportunities.

Regulators’ response will be closely watched, particularly in relation to the VanEck Solana ETF decision due by October 2026.

Market participants see this as a positive signal for Solana’s long-term growth and liquidity.

Solana price reaction

Solana’s price has responded to these developments with a notable rally.

In the past 24 hours, Solana (SOL) has risen by 2.44% to $138.77, outperforming Bitcoin (BTC) and closely tracking Ethereum (ETH).

The altcoin’s trading volume has also surged 43% to $5.1 billion, marking the strongest trading activity since December 2025.

Technical analysis shows SOL has cleared the 23.6% Fibonacci retracement at $138.45 and the 7-day SMA at $130.5.

Solana price analysis
Solana price analysis | Source: TradingView

The MACD histogram has also turned positive, confirming bullish momentum, and RSI-14 is also bullish, although nearing the overbought region.

The next resistance is at $151.18, with support at $117.88, aligning with Fibonacci levels.

The market will likely monitor whether SOL holds above the $138.45 support level to confirm continued bullish momentum.

The upcoming options expiry on January 7, however, adds a layer of short-term volatility, with $145 million in SOL contracts set to expire.

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DOGE could retrace below $0.14 following recent rally: Check forecast

Key takeaways

  • DOGE is trading above $0.146 after adding 18% to its value in seven days.
  • The leading memecoin could face a correction below $0.14.

DOGE trades above $0.14

Meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) are leading the cryptocurrency market rally thanks to the geopolitical tension in Venezuela. 

The United States conducted an operation in Venezuela over the weekend, capturing Former Venezuelan President Nicolás Maduro and his wife. They were brought to the U.S. and will appear in federal court at noon on Monday, according to a spokesperson for the U.S. District Court in the Southern District of New York.

This tension allowed the crypto market to rally higher, with Dogecoin extending its gain for the fifth consecutive day while SHIB and PEPE take a pause. The outlook remains bullish, but DOGE could face a slight retrace below the $0.14 level in the near term. 

Dogecoin could retrace below $0.14

The DOGE/USD 4-hour chart is bullish and efficient thanks to Dogecoin’s rally over the past seven days. The dog-themed meme coin extends its recovery over the 50-day Exponential Moving Average (EMA) at $0.14339 and could rally higher in the near term. 

DOGE/USD 4H Chart

If the bulls continue to push higher, DOGE could aim for the 200-day EMA at $0.18202, aligning with the overhead supply zone between $0.18100 and $0.18500.

The technical indicators are bullish. The RSI of 73 shows that DOGE is heading into the overbought region. The MACD lines continue to rise alongside green histogram bars, signaling a surge in bullish momentum.

However, if the bullish trend subsides, DOGE could slip below $0.14339 and risk retesting the $0.1300 psychological level.

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Ripple price prediction: XRP eyes breakout above $2.3

Key takeaways

  • XRP has flipped BNB to become the third-largest cryptocurrency by market cap.
  • The coin could rally towards the $2.3 resistance level in the near term.

XRP tops $2.1

XRP, the native coin of the Ripple ecosystem, is up 13% in the last seven days, outperforming Bitcoin and Ether in the process. The rally comes as institutional and retail demand push prices higher.

XRP spot ETFs listed in the United States (US) experienced inflows of $43 million last week. Data revealed that since their debut in November, the funds have maintained steady weekly inflows, suggesting growing institutional investor interest.

The five XRP ETF products recorded approximately $13.6 million in inflows on Friday, taking the cumulative net inflow to $1.18 billion and net assets to $1.37 billion.

In addition to that, retail interest in XRP is slowly returning following the coin’s poor performance in December. Data obtained from Coinglass shows that XRP’s futures Open Interest (OI) increased to approximately $3.8 billion on Monday, up from $3.6 billion the previous day. The OI averaged $3.3 billion on Thursday, signaling that retail demand is slowly returning. 

XRP eyes a breakout above $2.3

The XRP/USD 4-hour chart is bullish and efficient as the coin has performed well over the past few days. At press time, XRP is trading at $2.12, above the 50-day EMA support level of $2.05.

The Moving Average Convergence Divergence (MACD) indicator upholds a positive outlook on the daily chart, with green histogram bars expanding above the mean line. 

XRP/USD 4H Chart

The Relative Strength Index (RSI) at 75 and rising supports XRP’s bullish thesis. If the RSI continues to increase, XRP could enter the overbought region.

If the bullish trend continues, XRP could rally towards the next resistance levels represented by the 100-day EMA at $2.22 and the 200-day EMA at $2.34. However, failure to push higher could see XRP retest the $2.00 psychological level once again.

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PEPE coin price forecast: bulls lead as memecoins roar back

  • PEPE memecoin surges with high volume and strong short-term momentum.
  • Whale activity and open interest boost bullish market sentiment.
  • Key support at $0.0000037, while the immediate resistance lies near $0.000010.

The meme coin market is roaring back, and PEPE coin is leading the charge.

After a quiet holiday period, speculative appetite returned with force.

PEPE memecoin has surged over 61% in less than a week, reigniting retail and investor enthusiasm.

Other meme tokens like BONK, POPCAT, and MOG followed, showing gains between 20% and 75% over the past week.

This resurgence has pushed the total meme coin market cap above $46 billion, according to CoinMarketCap at press time.

PEPE coin has particularly captured attention due to strong trading volume and community activity.

Its 24-hour volume has exceeded $1.4 billion, confirming high liquidity and robust investor interest.

The Futures open interest for PEPE has also risen sharply, hitting $470 million, a bullish sign for leveraged traders.

Short liquidations totalling over $10 million in just a few days have added upward momentum to the price.

Whales are reportedly increasing their holdings, further strengthening the bullish narrative.

PEPE price technical analysis

Technically, PEPE has rebounded above key resistance levels at $0.000005648.

Its 7-day and 14-day gains stand at 61% and 69%, highlighting strong momentum in the short term.

However, traders should remain cautious, as PEPE is still below its 50-day and 100-day EMAs.

A large head-and-shoulders pattern is forming, signalling potential bearish risk if momentum fades.

This is further supported by the fact that the Relative Strength Index (RSI) for PEPE is above 74, indicating an overbought market.

PEPE coin price analysis
PEPE coin price analysis | Source: TradingView

However, the MACD shows a bullish crossover, reinforcing the possibility of further upside before an actual pullback occurs.

PEPE’s price remains 72% below the all-time high of $0.00002803, leaving room for potential long-term growth.

While recent pullbacks of around 2–3% suggest minor profit-taking, they do not negate the broader bullish trend.

PEPE coin price prediction

The meme coin rally has been fueled by a rotation of capital from more stable assets like Bitcoin and Ethereum.

Lower volatility in major cryptocurrencies has allowed speculative tokens like PEPE memecoin to shine.

Social sentiment also plays a role, as platforms and influencers share bullish setups and trading strategies.

If bullish momentum continues, PEPE coin could rise toward the psychological $0.000010 level.

The 50-day SMA and MACD signals suggest further upside is possible in the short to medium term.

However, the head-and-shoulders pattern and EMA resistance indicate traders should remain cautious.

The support at $0.0000037 is critical; a breach could trigger a retracement.

Overall, PEPE memecoin shows strong potential for gains, making it a key watch for speculative investors in the first quarter of 2026.

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2026 XRP outlook: breakout ahead or deeper pullback?

  • XRP trades near $1.86 as ETF inflows clash with weak price momentum.
  • Technical setups hint at a rebound, but $1.77 support remains critical.
  • The 2026 outlook hinges on adoption, usage growth, and valuation debates.

XRP enters 2026 caught between ambitious long-term projections and growing short-term scepticism.

With price performance lagging despite strong institutional signals, the debate around where XRP heads next has intensified, especially after the altcoin slipped below $2.

XRP trades sideways as conviction remains split

XRP is currently trading near $1.86, giving it a market capitalisation of roughly $113 billion and placing it among the largest digital assets globally.

But the size of that valuation contrasts sharply with recent performance.

Over the past three months, XRP has fallen nearly 37%, while remaining about 49% below its recent high reached in mid-2025.

The price has settled into a tight range between $1.83 and $1.91, reflecting a market that appears hesitant rather than convinced.

But despite this price stagnation, institutional interest has not faded.

XRP-linked exchange-traded funds (ETFs) have recorded seven consecutive weeks of net inflows, with total assets approaching $1.24 billion.

Total XRP Spot ETF Net Inflow
Source: Coinglass

These steady inflows suggest that larger investors are accumulating exposure during periods of weakness rather than exiting positions

Such accumulation can quietly absorb selling pressure, helping to stabilise XRP during prolonged consolidations.

Bullish chart patterns collide with valuation concerns

From a technical standpoint, several analysts see early signs of a possible reversal.

Chart patterns such as a triple bottom near the $1.76 level and a developing inverse head-and-shoulders formation point to a market attempting to build a base.

Momentum indicators like the MACD have also begun to turn higher, reinforcing the idea that downside pressure may be weakening.

XRP price chart
Source: TradingView

Still, these bullish signals remain conditional. A failure to hold the $1.77–$1.80 support zone could expose XRP to a much deeper pullback.

Some analysts warn that a decisive break below this area could open the door to a decline toward $0.80, a level that would represent a dramatic reset in market structure.

This risk persists as long as price action remains capped below key moving averages.

Beyond charts, criticism has emerged around XRP’s underlying network activity.

Galaxy Digital CEO Mike Novogratz recently questioned whether XRP’s valuation is justified, given reports of roughly 16,000 daily active addresses.

In his view, such figures pale in comparison to other major networks with significantly higher on-chain engagement.

This argument highlights a broader concern that XRP’s valuation may be driven more by narrative and institutional positioning than by visible usage growth.

But supporters counter that XRP’s role in cross-border payments and its expanding ecosystem are not fully captured by simple address counts.

They also point to regulatory clarity following Ripple’s legal progress as a structural advantage that could support long-term adoption.

What the XRP price forecast says about 2026

The most optimistic outlook comes from Standard Chartered, with the head of digital assets research, Geoffrey Kendrick, predicting that XRP could reach $8 in 2026.

That XRP price forecast implies more than 300% upside from current levels and assumes a powerful combination of sustained ETF inflows, tighter supply dynamics, and broader institutional adoption.

Under such a scenario, XRP’s market capitalisation would exceed $450 billion, placing it among the most valuable financial assets in the digital economy.

However, even proponents acknowledge that this is a best-case scenario rather than a baseline expectation.

Achieving such levels would require not only favourable market conditions but also continued confidence in XRP’s long-term utility.

Without stronger evidence of expanding network usage, critics argue that the path to those valuations becomes far more difficult.

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