Solana

Ripple (XRP), Cardano (ADA), and Solana (SOL) struggle to find their footing after last week’s decline amid a decline in institutional investors’ risk appetite.

Solana (SOL) trades below $90 on Monday, ticking higher after over 3% losses below a long-term support trendline the previous day.

Solana (SOL) trades at a two-month low below $90.00 on Friday, following over 6% losses the previous day as the broader cryptocurrency market hit over $1 billion in liquidations.

Top altcoins, including Ripple (XRP), Cardano (ADA), and Solana (SOL) are trading in the green on Thursday, extending a steady recovery so far this week, driven by the post-US midterms relief.

Top altcoins, including Ripple (XRP), Cardano (ADA), and Solana (SOL), remain weak ahead of the US midterm elections on Tuesday, as last week's $6.3 billion Binance hack has dampened social sentiment.

• Solana capital inflows stemmed from tactical recovery, short covering, and improved risk sentiment. • Network developments and the Alpenglow upgrade supported fundamental blockchain infrastructure growth. • ETF outflows, exchange transfers, and negative MACD indicators maintained structural overhead pressure.