Schlagwort: crypto analysis

Key takeaways

• SOL is approaching $240 after adding 7.5% to its value.
• The cryptocurrency is now targeting the $250 psychological level.

SOL outperforms other major cryptos, approaches $240

SOL, the native coin of the Solana blockchain, is the best performer among the top 10 cryptocurrencies by market cap in the last 24 hours. The coin has added 7.5% to its value in the last 24 hours and is now trading at $238.8 per coin.

The positive performance comes as Bitcoin and other leading cryptocurrencies recorded strong gains this week. Bitcoin briefly dropped below $114k on Thursday following the CPI news, but has now bounced back to hit the $116k level.

Ether, the second-largest cryptocurrency by market cap, has also reclaimed the $4,500 mark, while XRP is trading above $3 once again.

With XRP now approaching $240, the coin could extend its gains over the next few hours. It is up by 15% since the start of the week, only behind Dogecoin in terms of performance. 

SOL eyes the $250 psychological level

The SOL/USD 4-hour chart has flipped bullish thanks to Solana’s rally over the last few days. The technical indicators are also bullish, suggesting that buyers are currently in control of the market.

The RSI of 74 shows that SOL is heading into the overbought territory if the trend continues, with the MACD lines also within the positive region. 

If the rally continues, SOL could hit the $250 psychological level soon, with a minor resistance at $243. An extended bullish run would bring its all-time high price of $294 into play over the coming days or weeks.

However, the market could face a correction following days of positive performances. If that happens, SOL could retest the ILQ and support level at $220 in the near term. Failure to defend this level could see SOL to the weekly low of $211.

The post Solana price prediction: SOL targets $250 as it outperforms the broader market appeared first on CoinJournal.

• Institutional demand and ETF momentum fuel Solana’s rally.
• Network upgrades have boosted speed, efficiency, and DeFi growth.
• Key test ahead as SOL eyes breakout above $245–$250.

The Solana price has surged to a seven-month high, extending its lead as one of the best performers in the digital currency market this year.

The token, which recently climbed past $225, has outpaced broader crypto benchmarks as investors, institutions, and traders rally behind what many see as a pivotal stage for the blockchain’s growth.

With momentum building from technical, institutional, and macroeconomic factors, Solana’s near-term outlook is now tilting towards a test of $250.

Solana price analysis

Solana’s recovery from earlier support around $200 has turned into a sustained rally, fueled by higher highs and steady trendline support.

Notably, there is an ascending triangle formation that often precedes sharp breakouts, with resistance zones emerging between $245 and $280.

A clean push above these levels would put Solana in striking distance of its January all-time high near $293.

Technical indicators remain bullish, with the Relative Strength Index (RSI) hovering at manageable levels despite recent gains, while the MACD has flashed a golden cross that signals further upward momentum.

As long as $200 holds as a solid floor, Solana’s chart continues to favour the bulls.

Solana institutional interest rises

Solana’s futures open interest on the CME reached a record $1.49 billion on September 9, underscoring the role that large investors are playing in driving demand.

Additionally, the launch of the first US Solana staking ETF has deepened the trend, adding legitimacy to Solana’s position within regulated markets.

Fresh developments on Wall Street have amplified the story, with Nasdaq recently welcoming the listing of SOL Strategies (ticker STKE), the first Solana-focused treasury company, which currently holds about $90 million worth of the token.

The listing is seen as a milestone for institutional validation, echoing the trajectory Bitcoin followed with ETFs.

At the same time, other firms such as Upexi and DeFi Development Corp. have accumulated hundreds of millions in Solana (SOL) this year, while Forward Industries announced a $1.65 billion raise with plans to anchor a large Solana treasury.

Solana network gets faster

The Solana blockchain itself is also undergoing meaningful upgrades.

For instance, the recent Alpenglow consensus upgrade has reduced transaction finality to just 150 milliseconds, while recent capacity increases have boosted throughput by two-thirds.

These changes address previous bottlenecks and enhance Solana’s appeal as a high-performance Layer 1 network.

In addition, although memecoins still dominate fee generation, Solana’s total value locked in DeFi has reached $13 billion, rising sharply over the third quarter.

Solana price forecast

The short-term Solana price outlook is centred on whether Solana can close above the $245 to $250 zone.

A decisive breakout would strengthen the case for an extension toward $280, with higher targets of $300 to $350 possible if momentum continues.

Macroeconomic conditions could provide the additional fuel needed for the rise to $280, markets pricing in US interest rate cuts before the year’s end, a shift that often benefits risk assets like cryptocurrencies.

If ETF approvals materialise in the coming months, Solana’s relatively smaller market size compared to Bitcoin and Ethereum means that even moderate inflows could have an outsized effect on its price.

However, a pullback toward $200 remains a risk if profit-taking sets in, especially given the token’s strong 90-day run of more than 55%.

The post Solana price hits 7-month high, outlook points at $250 appeared first on CoinJournal.

• Fusionist (ACE) surges 46% with $285M trading volume spike.
• Binance upgrade support boosts investor confidence.
• Token unlock on Sept 14 may test market stability.

While Fusionist (ACE) price is down over 95% from its all-time high of $16.73, which was reached on December 21, 2023, the token has stunned many with today’s 46.6% price surge.

The rally comes after a volatile stretch in which ACE struggled near its all-time low of $0.4266 earlier this year.

The price surge has been accompanied by explosive trading activity, with volumes jumping over 2,800% in 24 hours to reach nearly $285 million.

That kind of liquidity surge often signals renewed attention from both retail traders and institutional players, and it has pushed Fusionist into the spotlight across the broader crypto market.

Now, with the price climbing back above $0.77, the question is whether this is the start of a longer recovery or just another speculative spike.

Technical breakout

Fusionist (ACE) recently broke through its short-term resistance levels, crossing above the 7-day simple moving average at $0.5139 and the 30-day exponential moving average at $0.5362.

Momentum indicators back the bullish outlook with the Relative Strength Index (RSI) climbing to 61.25, placing the token near the overbought territory, while the MACD histogram has flipped positive.

However, the speed of the rise raises the risk of a pullback. With the RSI nearing 70, profit-taking could drag the token lower if the rally loses steam.

Eyes are on the $0.50 Fibonacci retracement level, as holding above that price would confirm continued strength, while a failure could see ACE revisit its earlier support near $0.53.

Exchange support boosts ACE’s credibility

Beyond the charts, ACE’s credibility has been reinforced by major exchange backing.

Binance’s support for Fusionist’s network upgrade on August 20 provided reassurance to traders.

The seamless handling of the hard fork without trading disruptions suggested the project is maturing technically, making it more attractive to investors wary of protocol risks.

Such endorsements often build confidence that extends beyond short-term speculation.

Gaming ecosystem adds to the hype

Fusionist (ACE) is not just a token trading on momentum. Its network’s expanding gaming ecosystem has been a catalyst for community engagement.

The Game2 test, which concluded on September 8, distributed over 90,000 ACE in rewards to players and bug hunters.

🚀 Fusionist Game Test Live!

⏰ Aug 25 08:00 – Sep 8 07:59 (UTC+0)

🏆 Rewards
100,000 $ACE
Exclusive NFTs: AP / QP / BM
Separate pools for Perp, Game2, & Bug Report

🎮 Join the Test
Perp (Findex): https://t.co/SKu0zxMURa
Game2 Download: https://t.co/BnVxB3S779
Bug Report:… pic.twitter.com/T6XZ9y1aeD

— Fusionist 🛸👾 | Endurance ♠️⛓ (@fusionistio) August 25, 2025

The incentive program encouraged NFT holding and staking, locking tokens into the ecosystem while building loyalty among users.

At the same time, upcoming appearances at major industry events like the Tokyo Game Show have fueled speculation about future gameplay developments.

ACE price outlook remains uncertain

While a majority of the factors point to a bullish momentum at least in the short term, an upcoming token unlock event risks causing heightened market volatility.

On September 14, $716,000 worth of ACE (about 2% of supply) will be released into circulation.

While small compared to the project’s $60 million market cap, token unlock events often test liquidity and can spark short-term volatility, and whether staking and demand can absorb the new tokens will be critical in determining if the bullish ACE price momentum holds.

If ACE holds its recent gains and stabilises above support levels, it could mark the beginning of a more durable recovery.

If not, today’s breakout may fade like many before it.

The post Fusionist (ACE) price outlook as it jumps 46% appeared first on CoinJournal.

Key takeaways

• BTC has reclaimed the $114k mark and is now targeting the $117k resistance level.
• The core Producer Price Index (PPI) dropped 0.1% month-over-month, increasing the chances of a Fed rate cut next week. 

Bitcoin reclaims $114k

The cryptocurrency market has continued its excellent start to the week, with BTC and other leading cryptos currently in the green. Bitcoin reclaimed the $114k mark on Wednesday after adding 3% to its value over the past few days.

The positive performance comes following the PPI data release on Wednesday. The core Producer Price Index (PPI), which excludes food and energy, declined 0.1% month-over-month, which is lower than the 0.3% increase analysts expected. Annual core inflation eased to 2.8% from July’s revised 3.4%. 

The decline in inflation could pave the way for the Fed to cut interest rates next week. The CPI data will be published on Tuesday, and this could strengthen the Fed’s resolve. 

In an email to Coinjournal, XBTO’s Chief Investment Officer, Javier Rodriguez-Alarcón, stated that a Fed rate cut could spark Bitcoin’s next breakout. The analyst added that,

Macro conditions are also supportive: investors are widely expecting the Federal Reserve to begin cutting rates this month, which has lifted confidence across risk assets and reinforced Bitcoin’s role as a hedge. 

At the same time, the SEC has unveiled a more crypto-friendly rulemaking agenda, and Cboe is preparing to launch new long-dated Bitcoin and Ethereum futures, showing how policy and market infrastructure are moving in tandem.

BTC targets $117k resistance level

The BTC/USD 4-hour chart is bullish and efficient as Bitcoin has been performing well over the past few days. The momentum indicators are also bullish, suggesting that BTC could be preparing for another breakout.

The RSI of 62 shows that buyers are in charge, with the MACD lines also within the bullish region. If the rally continues, BTC could surge past the first major resistance level at $117,424 in the coming hours or days. An extended bullish run would allow BTC to reclaim the $119k level.

However, the market might undergo a correction heading into the weekend. If that happens, BTC could retest the TLQ and support level at $110k in the near term.

The post Bitcoin eyes $117k as PPI data boost chances of a rate cut appeared first on CoinJournal.

Key takeaways

• Hedera’s HBAR is up 1% and trading above $0.22.
• The coin could rally higher as Grayscale files to launch a spot HBAR ETF with the SEC.

Grayscale files for an HBAR ETF

The crypto market has been bullish over the past few days, with Bitcoin hitting the $113k level, while Hyperliquid’s HYPE reaching a new all-time high. Hedera’s HBAR is not left behind as it is up by more than 3% over the last seven days.

HBAR could rally higher amid growing ETF speculation. Digital assets manager Grayscale has submitted S-3 filings for exchange-traded funds tied to Bitcoin Cash and Hedera (HBAR). If approved, the funds would join Grayscale’s existing crypto ETFs that already include spot bitcoin and ether ETFs launched last year.

Hedera has emerged as one of the leading blockchains in the crypto space, with the last few months establishing it as a key destination for RWA projects. Its HBAR coin is the 18th-largest cryptocurrency, with a market cap of nearly $10 billion. The approval of an HBAR spot ETF could see the coin record huge gains that could allow it to set a new all-time high for the first time in four years. 

HBAR targets $0.27 amid strong technicals

The HBAR/USD 4-hour chart is bullish and efficient thanks to the ongoing market rally. The technical indicators are strong, suggesting that HBAR could be getting ready for a breakout.

The RSI of 63 shows that HBAR is bullish, with the MACD lines already converged within the positive territory. If the bullish trend continues, HBAR could hit the first major resistance level at $0.245 before attempting to take out the August high of $0.27.

However, failure to build on this momentum could see HBAR drop to the $0.22 low before retesting the weekend support level of $0.21046. Despite that, the market trend remains bullish, and HBAR could go on to hit new heights over the next few days and weeks.

The post HBAR eyes $0.27 as Grayscale files for spot ETF appeared first on CoinJournal.