All top 10 coins have returned to the green zone on the first day of the week, according to CoinStats.CoinStats”>

BTCUSD

The price of Bitcoin BTCUSD has risen by 1.36% since yesterday.TradingView”>

On the hourly chart, the rate of BTC is going up after a breakout of the $114,926 level. If buyers can hold the gained initiative, the rise is likely to continue to the $116,000 mark.TradingView”>

On the longer time frame, buyers are trying to seize the initiative. However, traders might need more time to accumulate energy for a further move. 

In this regard, consolidation in the area of $114,000-$117,000 is the most likely scenario.TradingView”>

From the midterm point of view, neither bulls nor bears are controlling the situation on the market. This statement is confirmed by falling volume. All in all, traders are unlikely to see increased volatility anytime soon.

Bitcoin is trading at $115,288 at press time.

Dogecoin

DOGE
$0.21



24h volatility:
2.7%


Market cap:
$30.83 B



Vol. 24h:
$1.73 B



price surged 4% on Monday, August 4, reaching $0.206 after dipping to $0.19 over the weekend. This move was accompanied by a strategic bullish action in the Dogecoin futures markets, signaling more gains ahead.

According to Coinglass, Dogecoin Open Interest rose 2.63%, surpassing $3.01 billion, while futures trading volume dropped by 8.9%. The declining volume indicates that most DOGE traders chose to hold their leveraged long positions in the last 24 hours.

These dynamics suggest that bullish traders who held their leveraged long DOGE positions through the weekend are now sitting on notable gains.

Top trader data also reflects this positive shift in market sentiment, with Binance DOGE/USDT long/short accounts at 2.7693 and OKX DOGE long/short accounts reaching 3.89. Meanwhile, top Binance DOGE trader long/short positions stand at 2.8642.

These elevated long/short ratios amid over $100 million in intraday capital inflows confirm that top traders are overwhelmingly positioned for upside, further supporting the DOGE price recovery narrative.

Dogecoin Price Prediction: Can DOGE Hold Above $0.21 for a Breakout Toward $0.24?

Dogecoin price has rebounded 10.75% in two days, clawing back half of the 20% losses from last week. Technical indicators now show DOGE price testing the 5-day simple moving average (SMA) at $0.201, with the upper wick of the daily candle pressing against the 8-day SMA resistance at $0.206.

If DOGE breaks above the 13-day SMA at $0.20958, this could open the path toward a retest of the $0.24 resistance zone and confirm a full recovery from the recent downtrend.

Dogecoin Price Forecast | DOGEUSD

Further validating the bullish narrative, Dogecoin RSI currently stands at 46.70, up from a weekend low of 39, signaling neutral momentum with room to run before overbought conditions. Conversely, if DOGE fails to close above $0.21 in the next 24 hours, sellers could resume control. A rejection could send the price back toward the $0.188 zone.

In summary, the current Dogecoin price setup favors the bulls short-term, but needs sustained consolidation above the $0.21 area to reclaim higher ground toward $0.24.

Best Wallet Presale Gains Momentum as Dogecoin Traders Eye Next Move

Best Wallet is emerging as a strategic opportunity for bullish traders betting on the continuation of the current Dogecoin bull cycle. The BEST token presale has already raised over $14.25 million, attracting attention from strategic traders.

Best Wallet Presale

The ongoing $BEST token presale offers perks such as reduced transaction fees, early access to new crypto projects, enhanced staking rewards, and voting rights on platform governance.

For those looking to diversify exposure and access early-stage crypto projects, the Best Wallet presale is now live. Visit the official Best Wallet website to get in.

next

The post Dogecoin Open Interest Surges Past $3B as DOGE Price Eyes $0.24 Breakout Target appeared first on Coinspeaker.

The crypto market is undergoing a critical shift. While established tokens like XRP face renewed downward pressure, a wave of new utility-driven projects are targeting niche sectors like the creator economy. Among them, SUBBD is emerging as a major contender.

XRP’s recent price dip has caught the attention of crypto watchers everywhere.

After soaring past the $3 mark earlier this summer, the token has since stumbled, falling a sharp 13.6% since July 28, while Bitcoin has managed to hold its losses to just 5%.

This isn’t just another price swing. The drop below $3 feels more like a psychological gut punch for XRP bulls.

That $3 level wasn’t just a number on the chart; it was a battleground. For weeks, buyers had drawn the line there and now that line’s been crossed in the wrong direction. Instead of acting as a safety net, it’s become a wall. 

Behind the scenes, the technical signals aren’t offering much comfort. Sell volume is outpacing buys, and key indicators like the Awesome Oscillator and Directional Movement Index are flashing bearish warnings. In simple terms? Right now, the sellers are running the show.

However, it’s not all bad news. XRP could find a lifeline at the $2.60 level: a spot that’s historically acted as a pivot point. Analysts are watching this zone closely because it lines up with both past resistance and what’s known as a Fair Value Gap: an area where price moved too quickly before and now might be ready to slow down and settle.

For long-term holders or those looking to re-enter after the dip, $2.60 might be the sweet spot if the market cooperates. Until then, all eyes remain on whether XRP can regain its footing, or if the slip below $3 was just the start of a longer slide.

Ripple’s Broader Vision: Building Financial Infrastructure

Behind XRP’s market performance lies the strategic direction of Ripple, which continues to expand its infrastructure-focused initiatives. Ripple Labs has doubled down on creating tools for institutional finance, central bank digital currencies (CBDCs) and cross-border settlements.

This emphasis on traditional finance use cases contrasts sharply with the new wave of Web3-native platforms focused on digital content, social interaction and creator monetisation.

While Ripple is chasing legacy integration, projects like SUBBD are redefining value for a generation raised on TikTok, Instagram and decentralised communities.

From Finance to Fans: Blockchain’s Creator Economy Emerges

SUBBD is a fast-rising project in the crypto space: one that taps into the creator economy through a combination of AI and blockchain technology.

As Ripple focuses on macro-level financial systems, SUBBD zeroes in on microtransactions and direct creator-fan relationships.

Over 2,000 top-rated influencers, with a combined reach of 250 million followers, are already onboarded to the SUBBD ecosystem. The platform’s aim is clear: to eliminate intermediaries, increase creator revenue share and empower fans with perks and access.

The contrast with Ripple’s focus is striking. While XRP’s adoption depends on regulatory clarity and institutional trust, SUBBD’s growth relies on Web3-native tools, community buy-in and flexible monetisation models.

XRP’s Short-Term Uncertainty Highlights SUBBD’s Long-Term Utility

The XRP price prediction for the near term remains cautious. With sell pressure still high and on-chain data showing significant token inflows to exchanges, the $2.60 level may act as a temporary floor. Sustained recovery likely hinges on broader market sentiment.

That uncertainty stands in contrast to SUBBD, which has seen strong presale momentum thanks to its clearly defined utility in a booming sector. As part of its offering, SUBBD allows influencers to accept payments in the SUBBD token, streamlining global transactions and reducing fees.

Moreover, SUBBD integrates AI tools that help creators build and monetize digital personas, engage fans through automated voice messages and offer exclusive content via token-gated access. These features position SUBBD at the heart of a growing creator economy that traditional crypto infrastructure hasn’t fully addressed.

Staking, Governance and SUBBD’s Tokenomics

Unlike XRP, which lacks native staking capabilities, SUBBD tokens offer 20% APY for users willing to stake during the presale period. This creates passive income opportunities while supporting network health.

Token holders also gain governance rights, with the ability to vote on platform updates, featured creators and the roadmap for AI features. It’s a far cry from the more centralised governance model associated with Ripple Labs and XRP.

SUBBD’s transparent tokenomics highlight its alignment with community-first principles:

• ·  30% for marketing and creator onboarding
• ·  10% for airdrops and community engagement
• ·  20% for product development, with a focus on AI and usability

This structure reinforces the project’s commitment to building an inclusive creator economy, where both fans and influencers have a voice.

Shared Themes: Adoption, Utility and Risk

Despite their differences, both Ripple and SUBBD share core crypto themes: building real-world utility and driving adoption. Ripple is doing it from the top down – working with governments, banks and regulators. SUBBD is doing it from the bottom up – empowering individuals to own their content, reach and revenue.

However, both face risk. For XRP, the path forward is murky as long as legal battles and market volatility persist. For SUBBD, the risk lies in adoption: will creators and fans embrace a blockchain-based platform over established Web2 players?

Still, SUBBD’s ability to deliver real utility in the content subscription market gives it a fighting chance. For investors looking beyond the next Bitcoin halving, creator-focused platforms like SUBBD may offer asymmetric opportunities.

What Does the XRP and SUBBD Comparison Tell Us?

The diverging paths of XRP and SUBBD highlight a key evolution in crypto. The early years were dominated by infrastructure plays: networks like Ripple seeking to replace SWIFT and reshape global finance.

Whereas, 2025 is revealing a second wave of innovation, rooted in culture, creators and content monetisation. Projects like SUBBD are proving that blockchain isn’t just for payments or smart contracts: it can power entire creator economies with real-world demand and interactive communities.

XRP’s price prediction may hinge on a bounce at $2.60, but the bigger story is how new players like SUBBD are redefining where crypto goes next.

News.Az 

Solana is once again at the center of attention as bulls and bears battle it out near the $170 zone. While recent price action has tilted bearish, the bigger story might be what comes next. Rising DEX activity, bullish technical setups and renewed ETF chatter have sparked a fresh wave of Solana price prediction optimism. 

Meanwhile, early investors are quietly loading up on Remittix, a low-priced Ethereum-based token that has surged past $17.9 million in funding and is now pegged by experts as a potential 50x play.

Solana Price Prediction: Technical Signals Show Key Bounce Zone Forming

The latest Solana news confirms that the price has dropped below $170, triggering mixed reactions. For some, it’s a sign of weakness. But for others, the dip into the $165–$168 support band could mark a critical turning point.

Chartists are watching closely. The Tom DeMark Sequential just flashed a buy signal on the 4-hour chart, while a bullish harmonic pattern flagged by analyst Waleed Ahmed suggests a possible move toward $220 if SOL holds the $162–$165 reversal zone.

Adding fuel to the rally thesis, Solana’s on-chain volume surged to over $30 billion in the final week of July. This spike in DEX usage points to growing traction despite the short-term drop, reinforcing the case for a Solana price prediction targeting $200+ in Q3.

Remittix Tipped for 50x Gains After Crossing $17.8M Raised

While Solana wrestles with technical levels and macro sentiment, Remittix (RTX) is building quietly and quickly. The Ethereum-based PayFi token just crossed $17.9 million raised, with more than 577 million tokens already sold at $0.0895 each.

What makes Remittix different is its mission: global crypto payments made easy. With its beta crypto wallet launching this quarter, early users will soon get hands-on access to a tool designed for real-world crypto transactions.

Five Reasons Why Experts Are Watching Remittix

• Over $17.9M raised with strong daily demand
• Wallet beta release coming Q3 2025
• Real payment utility for freelancers, businesses and global earners
• Built on Ethereum with growing community traction
• Positioned as a next-gen PayFi platform, not just hype

Backed by real funding, a clear use case and ongoing development, Remittix is quickly climbing the ranks of 2025’s most promising crypto tokens.

News.Az 

XRP bulls are reawakening as August begins, fueled by rising trading volume, technical optimism, and a broader altcoin revival led by Ethereum and Avalanche. After weeks of consolidation, XRP is once again testing key resistance—sparking renewed hopes that the token could smash through to new highs in the coming weeks.

Current Price Snapshot

As of Monday, August 4, 2025 at 11:16 a.m. ET:

• XRP Price: $3.04
• Bitcoin (BTC): $115,044
• Ethereum (ETH): $3,652

XRP is up over in the past 3 days, outperforming Bitcoin and pushing it toward the top of the altcoin leaderboard. Today’s market wide rebound is boosting sentiment, with crypto traders turning to Ripple’s token as one of the strongest breakout candidates.

Why Analysts Are Eyeing $5 in August

A growing number of traders and crypto strategists believe XRP’s long-awaited $5 breakout may finally come this month. Here’s why:

• Strong Support Base: XRP has held the $3 level despite volatility, signaling resilience and bullish accumulation zones.
• Technical Breakout Brewing: Chart analysts say a cup-and-handle formation is nearing completion, which could trigger a sharp rally if resistance at $3.30 is breached.
• Institutional Attention: XRP has seen increased activity from whales and funds since mid-July, particularly as regulatory pressure eases and the ETF debate heats up again.
• Altcoin Rotation: Ethereum’s recent gains (+4.3% last week) and Avalanche’s surge (+8.1%) suggest capital is flowing into large-cap altcoins—often a precursor to major moves in tokens like XRP.

Crypto Market Tailwinds

According to a MarketWatch data update, large-cap cryptocurrencies have staged a coordinated rebound, with XRP among the best performers. The broader recovery has pushed total crypto market cap back above $2.3 trillion, easing fears of another liquidity crisis like the one that triggered $900 million in liquidations just days ago.

This reversal in market tone is especially important for sentiment-driven assets like XRP. As FOMO creeps back in and bullish technicals align, the setup for a dramatic upward move is hard to ignore.

Resistance Levels to Watch

• $3.20: Near-term resistance zone and neckline of recent bullish pattern.
• $3.66: July high that capped the previous rally.
• $5.00: The psychological barrier and long-term price target for many XRP holders.

If XRP can break through $3.66 in the next two weeks, the rally could accelerate quickly—especially with increased leverage entering the market.

Will the $5 XRP Dream Finally Come True?

The ingredients are lining up: whale accumulation, favorable technicals, renewed media buzz, and macro momentum from Ethereum. While crypto remains volatile and headline-sensitive, XRP appears better positioned than ever before to deliver on its long-standing $5 dream.

Key Takeaways:

• XRP price is rebounding today, trading at $3.04.
• Analysts say August could be the breakout month with $5 in sight.
• Ethereum and Avalanche’s rallies are lifting broader altcoin sentiment.
• Watch for a breakout above $3.66 as confirmation of a bullish surge.

FULL COVERAGE: XRP | Cryptocurrency Market

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Dogecoin price prediction discussions have reignited as the meme coin climbs above key support, and analysts now suggest a move toward $0.50 is on the table. 

DOGE is currently trading at $0.2031, up 3.4% in 24 hours, with traders watching for a confirmed breakout past the $0.22 resistance zone. 

The renewed surge is being fueled by increased whale activity, improving on-chain metrics, and a broader meme coin revival.

Meanwhile, new projects in the Doge-inspired ecosystem are picking up steam. One standout is Maxi Doge, a cartoonishly styled token with staking rewards, 1000x leverage memes, and fast-growing presale numbers. 

It’s drawn strong attention from Reddit traders and meme coin communities looking for the next breakout.

With DOGE consolidating near a major technical threshold, and Maxi Doge raising over $315K in under a week, the market appears to be entering a new speculative phase reminiscent of 2021’s altcoin mania.

DOGE Holds Key Support as Traders Eye $0.50

After breaking through resistance at $0.20, Dogecoin surged to a local high of $0.25 earlier this week before retracing. 

The price action now centers around the $0.22 zone – a historically significant level that has repeatedly acted as both resistance and support across multiple market cycles. 

Its role as a psychological barrier adds weight to its technical importance, especially as traders look for confirmation of trend continuation.

Supporting this outlook is Dogecoin’s robust trading activity, with 24-hour volume at $1.36 billion – indicating strong interest from both retail and institutional sides. 

Meanwhile, the coin’s market cap sits at $30.5 billion, securing its position as the 9th largest cryptocurrency by total valuation. 

Analysts note that these metrics, combined with cooling RSI levels and improving liquidity depth, suggest the current pullback could be consolidation ahead of the next leg up.

Chart Patterns Suggest Impulse Move Is Building

Many traders are following a 1-2, 1-2 wave pattern on DOGE’s daily chart. This structure suggests a potential dip to $0.198 before a strong leg up. 

If confirmed, price targets between $0.45 and $0.55 remain in play – mirroring DOGE’s explosive rallies in past cycles.

Analysts are now focused on whether DOGE can reclaim and hold $0.22 as a support base. Doing so would reinforce bullish momentum and potentially open the door to a renewed uptrend. 

Dogecoin’s RSI has cooled, indicating room to move, and its liquidity profile remains healthy. As long as support zones hold, analysts see upside potential continuing into mid-August.

Maxi Doge Presale Raises $315K as Meme Traders Rush In

As Dogecoin eyes a breakout, new meme coins are drawing fresh capital. 

Maxi Doge, a satirical project with gamified features and strong community design, has already raised over $315,000 in its ongoing presale. 

The price currently sits at $0.0002505, with a hard cap of $602,268 and a price increase set to trigger in under three days.

The project has positioned itself as a hyper-charged meme coin – complete with 1000x leverage branding, staking rewards, and community trading contests.

Maxi Doge’s token utility includes:

• Daily staking rewards via smart contract
• Maxi contests rewarding top ROI traders
• Gamified tournaments and integrations with meme trading platforms

Tokenomics Breakdown and Trader Sentiment

Beyond the memes, Maxi Doge features a structured token model:

Token allocation:

• 40% Marketing
• 25% Maxi Fund
• 15% Development
• 15% Liquidity
• 5% Staking rewards

This breakdown supports early user growth and campaign expansion. The project has been widely shared across Telegram channels and is gaining traction on Reddit’s /r/AltstreetBets.

With Dogecoin stabilizing above $0.20 and Maxi Doge capturing trader attention during its presale window, meme coin momentum appears to be back. 

If DOGE reclaims $0.22 and volume expands, analysts say a fresh wave of meme coin speculation could follow – with Maxi Doge likely among the main beneficiaries.

• XRP jumps 5%, outperforming Bitcoin and Ethereum in daily gains.
• Death cross appears, analyst warns of possible XRP price correction.
• Support may hold at $2.48 if bearish pressure intensifies.

XRP has broken through the key psychological barrier of $3 on Monday, surging nearly 5% to hit a high of $3.03. While Bitcoin and Ethereum recorded gains of around 0.50% and 2.50% respectively, XRP stood out by surging nearly 5% to now trade at $3.00.

This performance has placed XRP among the top-performing cryptocurrencies for the day. However, amid the excitement, crypto analyst Ali Martinez issued a warning based on technical indicators.

Bearish “Death Cross” Flashes

XRP Price Prediction is once again in focus. After a rally to new highs near $3.65, many traders are asking if this token still has the juice to hit $5? Or are we setting up for a sharp drop below $3?

Let’s break down the latest signals, and then consider the altcoin that’s quietly drawing capital from those chasing real value.

XRP: Bullish Volume or Weakening Tailwinds?

Current XRP price hovers near $2.90, based on recent trading data. Experts see a bullish road ahead as institutional adoption, positive legal developments, and ETF momentum are fueling. XRP Price Prediction models pointing to $4.35–$5, even $5.71 in some 2025 forecasts 

Source: TradingView

The chart says that if XRP closes the month above the $3 mark, XRP Price Prediction for the breakout could be realistic. But a failure puts a fall to low $3 or high $2 firmly on the radar.

Remittix (RTX): Where Real Utility Meets Rising Momentum

While XRP hovers around $3, many retail and institutional traders are shifting focus to Remittix (RTX), a PayFi protocol combining DeFi simplicity with real-world crypto payments.

Remittix isn’t trying to replace banks. It’s building a parallel system that makes crypto spendable, instantly.

Here’s why Remittix is now on the radar of expert investors:

• Supports 30+ FIAT currencies and over 40 crypto pairs, from BTC and ETH to stablecoins like USDT and USDC
• No centralized exchange needed, users can cash out directly from their wallet
• Low gas fee crypto built on Ethereum but optimized for speed and scale
• $250,000 Remittix giveaway that’s running right now for early supporters

Beyond price action, Remittix (RTX) is gaining traction for solving a real payments problem. It offers what XRP originally promised but hasn’t yet delivered: fast, seamless, on-chain-to-FIAT transfers across borders. Investors looking for the next 100x crypto with practical upside are watching closely as momentum grows.

Is XRP Ready for Liftoff—or Is It Time to Step Aside?

A strong move above $3 could reignite bullish XRP Price Prediction setups.  But data shows growing uncertainty, volume support is weak, and whales are watching. Meanwhile, Remittix attracts capital with real-world utility and adoption momentum.

In a market chasing breakout plays, the smarter move may be shifting attention to tokens that offer both growth and function. 

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/ 

Socials: https://linktr.ee/remittix 

$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

Press releases or guest posts published by Crypto Economy have been submitted by companies or their representatives. Crypto Economy is not part of any of these agencies, projects or platforms. At Crypto Economy we do not give investment advice, if you are going to invest in any of the promoted projects you should do your own research.

XRP has continued its downward movement in the wake of a strong July rally, drawing attention from traders and technical analysts. After reaching a local high of $3.55 mid-month, the token has since pulled back to around $2.89, with key support levels becoming focal points for market participants. According to Ali, a respected crypto analyst, the TD Sequential indicator has flashed a sell signal on the 3-day chart, indicating further downside risk. He has identified $2.40 as the next critical support level, a former resistance zone that now aligns with key horizontal structure from late June and early July [1].

The sell signal is a common indicator of trend exhaustion, typically emerging after a sustained upward move. In this case, the signal appeared shortly after XRP’s sharp climb from below $2.00 to nearly $4.00. The price action since has validated the warning, with a gradual decline reinforcing the likelihood of a deeper correction before a potential resumption of the upward trend [1].

Currently, XRP is trading at $2.89, having tested a recent low of $2.80. The bounce following that test has been weak, and without a clear push above $3.00, the short-term outlook remains bearish. The volume during the pullback has decreased, suggesting cooling momentum rather than panic selling. However, the lack of strong buyer interest raises concerns about the sustainability of XRP’s previous rally without a clear consolidation phase [1].

Technical indicators such as the RSI have also moved from overbought levels into neutral territory, further reinforcing the potential for further correction. While the RSI remains above 40, the MACD values are still negative, and volume has steadily declined since the July rally [1].

Looking ahead, the coming days will be crucial for XRP. A successful defense of the $2.40 level could spark renewed bullish momentum and set the stage for a rebound toward $3.10 and beyond. Conversely, a clean break below this level could expose the token to a deeper pullback, with the next logical area of interest near $2.20. The broader trend for XRP remains constructive, as the asset continues to hold above key long-term moving averages. Institutional interest in Ripple’s technology and products also remains strong [1].

Despite the short-term bearish pressure, some analysts have maintained a cautiously optimistic outlook. For instance, Unilabs raised its price target for XRP in August to $5, citing increased trading volume and whale activity as potential catalysts for upward movement [6]. Meanwhile, Bitget has projected a more conservative trajectory, forecasting a price of $3.28 for August 2025 and $3.35 by January 2026 [7]. These forecasts, however, remain speculative and depend on broader macroeconomic conditions and market sentiment.

The recent correction has also coincided with significant whale activity. Over 710 million XRP were sold in the past 24 hours by large holders, reducing their total balance from over 10 billion to 8.02 billion since mid-July. This distribution began shortly after XRP reached a local peak near $3.50 and has coincided with a price decline, signaling potential profit-taking [1].

Fundamentally, Ripple has seen new investment opportunities emerge, including the “Free Start” cloud mining program offered by Ripplecoin Mining. The program allows users to lock in XRP and earn passive income, emphasizing accessibility and diversification across multiple currencies [3]. However, market conditions remain volatile, and XRP has mirrored the broader crypto downturn on August 2, 2025, falling 10.2% before stabilizing around $2.98 [5].

Overall, XRP appears to be consolidating, with a potential breakout contingent on overcoming key resistance levels. Investors are advised to closely monitor technical indicators and major market movements as the token approaches these critical price points [1].

Sources:

[1] Same Pattern, Same Setup—Could XRP Really Be Heading Toward $12

(https://coinmarketcap.com/community/articles/688ec749d638b90b44164dbc/)

[2] XRP News Today: XRP Eyes Major Breakout as Analysts Flag Bullish Technical Signals

(https://www.ainvest.com/news/xrp-news-today-xrp-eyes-major-breakout-analysts-flag-bullish-technical-signals-2508/)

[3] XRP May Be Poised For A Historic Breakthrough, And Ripplecoin Mining Is Creating A New Passive Income Model

(https://www.barchart.com/story/news/33815647/xrp-may-be-poised-for-a-historic-breakthrough-and-ripplecoin-mining-is-creating-a-new-passive-income-model)

[5] Bitcoin, Ethereum and XRP Sink as Crypto Liquidations Top $900 Million

(https://decrypt.co/333226/bitcoin-ethereum-xrp-sink-crypto-liquidations-top-900-million)

[6] Expert Raises XRP Price Prediction for August to $5, But Says Unilabs Will Jump Even Higher

(https://coincentral.com/expert-raises-xrp-price-prediction-for-august-to-5-but-says-unilabs-will-jump-even-higher/)

[7] XRP Price Prediction & Forecast 2025-2050

(https://www.bitget.com/price/ripple/price-prediction)

Solana is testing a key demand zone near $160, as rising institutional futures activity and ETF momentum hint at a potential breakout ahead.

Solana might be gearing up for a major move, as fresh institutional demand collides with key technical support. Market participants are now eyeing the $150 to $160 zone closely, a region that once sparked a powerful rally.

Solana trading at around $158.07, down -3.38% in the last 24 hours. Source: Brave New Coin

Solana Futures Demand Surges Following ETF Momentum

Solana is kicking off August with a powerful data point, CME futures open interest has exploded to $800 million, up 370% from July’s $170 million. The chart shared by SolanaFloor reflects a dramatic shift in institutional appetite, coinciding with the first U.S.-approved Solana staking ETF. This spike puts CME ahead of other major exchanges like MEXC, CoinEx, and KuCoin, showing that traditional finance is now actively stepping into Solana’s ecosystem.

Solana CME futures open interest surges 370% in a month, signaling growing institutional appetite amid ETF momentum. Source: SolanaFloor via X

This sudden rise in futures exposure isn’t just about speculation; it’s about positioning. As open interest approaches previous cycle highs, market participants are anticipating more than just short-term volatility. With Solana trading near $160, institutional flows tied to ETF optimism could become a foundational driver for both spot and derivatives markets.

Solana’s CME futures open interest hits $800M. Source: SolanaFloor via X

Solana About to Enter Key Demand Zone

Solana’s price action is starting to align with the rising futures activity noted earlier. After topping out above $206, SOL has now corrected back into a familiar demand zone between $150 and $160, a region that previously acted as the launchpad for bullish reversals. The structure shown in the chart shared by BitGuru reveals a clear retracement phase, but one that’s still respecting prior breakout levels. Price is hovering just above the 0.618 Fibonacci zone from its last major leg up, which often serves as a reset point during uptrends.

Solana revisits its $150 to $160 demand zone, hovering above the 0.618 Fib level in what could be a key setup for a bullish reversal. Source: BitGuru via X

If this level holds and a bounce follows, the technical setup favors a potential recovery leg with targets back towards $180. Past price reactions in this range, especially the mid-cycle double bottom, hint at buyers being ready to defend again.

Solana Technical Analysis

Solana is now testing the lower boundary of a well-defined parallel channel that’s been guiding its price action since April. As seen in the chart shared by The Boss, SOL is reacting to Bitcoin’s broader pullback but remains technically intact within its trend structure. The current level around $160 aligns with the base of this channel, as well as the 0.5 Fibonacci retracement zone from the recent $206 high. So far, this area has served as a reactive region that often halts deeper drawdowns.

Solana tests the lower channel boundary near $160, with key resistances at $206 and $274 if the trend structure holds. Source: The Boss via X

If this lower boundary holds, the next visible resistance levels are marked near $206 and $274, which correspond with both the upper band of the channel and the 0.618 and 0.786 Fib zones. Given the recent surge in institutional futures activity, this chart reinforces the idea that current price action could just be a healthy consolidation phase within a larger trend.

Solana Liquidation Heatmap Highlights $170 Trigger Zone

Solana’s liquidity map is flashing a key short-term trigger level. According to CW8900’s latest chart, the largest concentration of liquidation sits just above $170.4, totaling $73.01 million in size. That pocket represents a cluster of over-leveraged short positions, meaning any decisive move above it could spark a wave of forced buys, essentially fueling a short squeeze.

Solana’s liquidation heatmap shows $73M in shorts stacked above $170.4, setting the stage for a potential short squeeze. Source: CW8900 via X

In the context of the broader technical structure and rising ETF-driven futures demand, this $170 level becomes even more relevant. A reclaim of that zone would not only break local resistance but also position SOL back into breakout territory from the lower boundary of its channel.

Final Thoughts: Solana Price Prediction Hinges on Key Levels

Solana’s recent pullback into the $150 to $160 demand zone isn’t just another dip, it could be a critical retest. With institutional futures interest surging and ETF tailwinds still in play, this correction looks more like a technical cooldown than a full-blown reversal. If SOL holds this zone and reclaims the $170 liquidation trigger, we may see renewed bullish momentum, with $180 to $206 back on the table.

Looking ahead, the $170.4 short squeeze zone could act as the ignition point. Reclaiming that level not only shifts sentiment but also aligns with the broader channel and Fibonacci structure. Solana price prediction eyes a bullish move that could set the tone for August.