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SOL Price Prediction: Technical Weakness Battles Institutional Accumulation

SOL Price Prediction: Technical Weakness Battles Institutional Accumulation

Author:
SOL News
Published:
2025-06-01 01:37:21
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[TRADE_PLUGIN]SOLUSDT,SOLUSDT[/TRADE_PLUGIN]

SOL Technical Analysis: Key Indicators Signal Potential Pullback

SOL is currently trading at $156.55, below its 20-day moving average of $171.39, indicating short-term bearish pressure. The MACD shows a bullish crossover (1.1751 vs -3.0582) with positive momentum (4.2333), suggesting potential for recovery. However, price remains NEAR the lower Bollinger Band ($157.95), which may act as support. ’The confluence of indicators presents a mixed picture,’ says BTCC analyst William. ’While MACD suggests upside potential, the position below key moving averages warns of continued weakness until SOL reclaims the $171 level.’

SOLUSDT

Mixed Sentiment Emerges as SOL Faces Institutional Accumulation and Scam Concerns

Institutional interest appears strong with SOL Strategies acquiring $18M in tokens and DeFi Development Corp boosting holdings to 400K SOL. However, market sentiment is tempered by scam warnings (98% of Solana-launched tokens deemed fraudulent) and security concerns around new meme coins. ’The $150 rejection and liquidation risks create near-term headwinds,’ notes BTCC’s William. ’While institutional accumulation is bullish long-term, retail investors should be cautious of the current scam epidemic in the solana ecosystem.’

SOL Strategies Acquires $18M in Solana Tokens Amid $500M Financing Push

SOL Strategies (HODL), a Toronto-listed digital asset firm specializing in Solana, has purchased $18.25 million worth of SOL tokens. The acquisition, totaling 122,524 SOL at an average price of $148.96 per token, was funded by the initial tranche of a $500 million convertible note facility with ATW Partners.

Despite a 10% drop in share price to CA$2.6, the company’s stock remains up nearly 80% over two weeks. "We’re executing as promised," the firm stated, signaling aggressive accumulation of SOL amid volatile market conditions.

DeFi Development Corporation Boosts SOL Holdings to Over 400K Tokens

DeFi Development Corporation (DFDV) has added 82,404 Solana (SOL) tokens to its treasury, bringing its total holdings to 400,091 SOL. At current prices, the stash is valued at over $57 million.

The newly acquired tokens include locked SOL purchased through BitGo’s OTC desk. While these assets remain immobile on-chain until unlocked, they retain tradability between institutions. The firm plans to stake its growing SOL position to generate yield.

This accumulation follows DFDV’s recent validator operation acquisition, enabling self-staking of its entire SOL treasury to create protocol-native cashflow. Despite these strategic moves, DFDV shares dipped 3.8% on Tuesday.

Solana Nears Critical Triangle Breakout Amid $45M Liquidation Risk

Solana’s price hovers at $144.48, teetering on the edge of a symmetrical triangle breakout as $44.95 million in long positions face liquidation below $143. The pattern’s tightening coil near $145 signals impending volatility, with traders watching for either a decisive breakout or a collapse toward $134.

Monday’s 1.5% pullback follows a brief 2% rally, reflecting the market’s hesitation as SOL approaches the triangle’s apex. The technical setup mirrors broader crypto market unease, where minor retracements punctuate tentative recoveries.

Solana Faces On-Chain Weakness After $150 Rejection: Is a Price Pullback Ahead?

Solana’s recent price action reflects broader market uncertainty as traders await the Federal Reserve’s interest rate decision. The cryptocurrency briefly approached $150 before encountering strong resistance, triggering a cascade of liquidations totaling over $7 million in 24 hours.

Network activity metrics show concerning declines, suggesting investors are rotating capital elsewhere. Market analysts note the Fed’s potential rate cuts could alleviate selling pressure, but Solana must first stabilize its on-chain fundamentals.

Robinhood Explores Tokenized U.S. Stocks for EU Users via Solana and Arbitrum

Robinhood is advancing plans to tokenize U.S. stocks for European investors, leveraging Solana and Arbitrum for the underlying infrastructure. The initiative aims to democratize access to Wall Street assets, bridging the gap for EU-based users. A partnership with a crypto-native firm is underway, though the final blockchain selection remains pending.

CEO Vlad Tenev frames the move as a strategic play to reinforce U.S. market dominance. "Right now, it’s very difficult to invest in a U.S. company if you’re overseas," he noted. The effort builds on Robinhood’s recent regulatory progress, including a Lithuanian brokerage license.

‘Pahalgam’ and ‘Operation Sindoor’ Crypto Tokens Surface Online Amid Security Warnings

New cryptocurrency tokens named ’Pahalgam’ and ’Operation Sindoor’ have emerged on platforms including the Solana blockchain, raising red flags among security analysts. Both tokens lack fundamental safeguards: no verified on-chain data, absent audits, and anonymous development teams. These omissions suggest potential rug pulls or deceptive schemes targeting inexperienced investors.

The projects’ nomenclature amplifies concerns. ’Operation Sindoor’ directly references a sensitive Indian military operation in Kashmir, while ’Pahalgam’ ties to a recent terrorist attack in the region. This exploitation of geopolitical trauma for financial gain demonstrates a disturbing trend in meme coin culture.

Pump.fun Token Fraud Epidemic: 98% of Solana-Launched Tokens Deemed Scams

A damning report by blockchain analytics firm Solidus Labs exposes rampant fraud on Solana-based token launchpad Pump.fun. Nearly 99% of the platform’s 7 million minted tokens since January 2024 qualify as rug pulls or pump-and-dump schemes, with only 97,000 maintaining minimal liquidity thresholds.

The platform’s low-cost token creation mechanism has become a honeypot for bad actors, culminating in a $1.9 million heist tied to MToken. This revelation underscores persistent security vulnerabilities in decentralized finance, even as the industry attempts to distance itself from the specter of FTX’s collapse.

Superstate Launches Tokenized Equities Platform on Solana

Superstate, the asset management firm overseeing $650 million in USTB tokens, is venturing into stock tokenization with its new blockchain-based marketplace, Opening Bell. The platform, debuting on Solana (SOL), enables companies to issue tokenized versions of SEC-registered shares—actual equities, not derivatives—tradable directly on-chain.

Unlike traditional markets reliant on centralized exchanges and T+2 settlements, Opening Bell facilitates 24/7 real-time trading with programmable securities functionality. The initiative targets both publicly traded firms and late-stage private companies seeking liquidity alternatives. SOL Strategies has been announced as the platform’s first issuer.

Top 10 PumpSwap APIs Every Solana Developer Should Know in 2025

The Solana ecosystem continues to expand as community-driven tokens gain traction, particularly through platforms like Pumpfun that simplify meme coin launches. These tokens frequently migrate to Pumpswap, a decentralized exchange enabling broader trading opportunities.

Developers creating applications, trading bots, or analytics dashboards require reliable, real-time data. A growing number of API providers now deliver robust solutions for tracking swaps, prices, and volume metrics on Pumpswap.

This overview highlights critical APIs empowering developers to build responsive tools for Solana’s volatile token markets. The featured solutions prioritize speed, accuracy, and adaptability—essential qualities in this rapidly evolving sector.

Operation Sindoor-Themed Crypto Tokens Spark Controversy on Solana

Cryptocurrency tokens capitalizing on India’s Operation Sindoor military campaign and the Pahalgam terror attack have emerged on Solana, triggering ethical debates. The tokens leverage geopolitical tensions for speculative gains, raising red flags about their legitimacy.

Market participants note these assets follow a pattern of memecoins exploiting sensitive real-world events. While Solana’s low-cost infrastructure enables rapid token deployment, the phenomenon underscores the need for investor vigilance against potential scams.

DOOD Token Launch Sparks NFT Market Surge Ahead of Solana Debut

The impending launch of the DOOD token has ignited a frenzy in the NFT market, with Doodles NFT sales soaring to $2.6 million this week. The collection now ranks among the top five by volume as investors scramble to position themselves before tomorrow’s airdrop cutoff at 4 p.m. ET.

Built on Solana with a fixed supply of 10 billion tokens, DOOD will later expand to Base. Major exchanges including Binance, KuCoin, and OKX have already committed to listing the asset, ensuring immediate liquidity upon launch.

Doodles’ February tokenomics reveal prioritized community distribution, allocating 68% of the total supply to holders and ecosystem development. The strategic move appears to be paying dividends, with the project successfully translating NFT hype into tangible token demand.

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