117.260
Today
-0.46%
5 Days
-0.75%
1 Month
+14.04%
6 Months
+41.24%
Year to Date
-5.33%
1 Year
-43.03%
Opening Price
117.990Previous Closing Price
117.840Ripple (XRP), Cardano (ADA), and Solana (SOL) are trading in the green on Tuesday, recovering after a bearish start to the week. The mild recovery in Ripple and Solana aligns with steady institutional demand, while Cardano prepares for a potential bullish breakout of an overhead trendline.
• Solana experienced a price pullback as Alpenglow upgrade mainnet dates remained unfinalized. • Rising U.S. Treasury yields and geopolitical friction created broader crypto market headwinds. • Institutional ETF inflows and resilient fundamental capital flows supported structural recovery prospects.
Solana (SOL) faces a mild pullback, trading below $119 on Monday after gaining over 22% in the last two weeks. Despite this correction, SOL bulls remain in control, with institutional demand recording the second-highest weekly inflow through spot Exchange Traded Funds (ETFs).
• Solana experienced a pullback following a multi-session rally and profit-taking. • Futures market leverage cooled as perpetual swap funding rates moderated. • Technical indicators show a MACD buy signal and neutral RSI.
• Solana prices rose due to institutional demand, upgrades, and derivative-driven buy pressure. • Persistent ETF inflows and corporate treasury allocations provided strong structural buy-side support. • Technical indicators show a buy signal with neutral RSI and overbought Williams %R.
Ripple (XRP), Cardano (ADA), and Solana (SOL) continue to experience a steady recovery with double-digit gains so far this month.