Solana
SOL
$79.13
is trading at $79.09, below its SMA-20 ($87.80), SMA-50 ($85.76) and significantly below SMA-200 ($138.87), highlighting the ongoing selling pressure in short-term, medium-term, and long-term perspectives. The Ichimoku Kijun level on D1 is $88.32 and currently acts as the nearest resistance.
The Drift protocol suffered a major attack, resulting in the theft of digital assets worth over $285 million, leading to an immediate suspension of user transactions.
The attack, related to the compromise of the administrative key, raises concerns about DeFi security and creates regulatory and reputational risks for Solana.
SOL is trading significantly below key resistance levels, bearish indicators prevail, and the likely short-term range is $76.50–$82.50.$SOL
$XRP
#solana
SOL
$79.13
is trading at $79.09, below its SMA-20 ($87.80), SMA-50 ($85.76) and significantly below SMA-200 ($138.87), highlighting the ongoing selling pressure in short-term, medium-term, and long-term perspectives. The Ichimoku Kijun level on D1 is $88.32 and currently acts as the nearest resistance.
The Drift protocol suffered a major attack, resulting in the theft of digital assets worth over $285 million, leading to an immediate suspension of user transactions.
The attack, related to the compromise of the administrative key, raises concerns about DeFi security and creates regulatory and reputational risks for Solana.
SOL is trading significantly below key resistance levels, bearish indicators prevail, and the likely short-term range is $76.50–$82.50.$SOL
$XRP
#solana