Key takeaways

Pi Network (PI) fell another 6% on Monday after dropping 7% the previous day, extending its prolonged downtrend.
Retail participation continues to weaken, with Open Interest falling below $9 million, signaling declining leveraged trading activity.
Analysts warn that ongoing token unlocks could continue to pressure prices if supply outpaces demand.

Pi Network (PI) remained under heavy selling pressure on Monday, falling around 6% after suffering a 7% decline in the previous trading session.

The continued weakness reflects fading retail participation, declining leveraged positions, and concerns that ongoing token unlocks could keep supply ahead of demand. 

Technical indicators also suggest the correction may not be over, with the token approaching a key support level near $0.075.

Retail demand continues to fade

Recent derivatives data points to weakening interest among traders. According to CoinAnk, Pi Network’s Open Interest (OI) declined to $8.48 million on Monday from $8.91 million a day earlier.

The drop in Open Interest indicates that traders are closing leveraged positions rather than opening new ones, reflecting reduced confidence and lower speculative activity around the token.

Pi Network price analysis: Bears target the $0.075 support

Technically, Pi Network has remained in a persistent downtrend since late April, forming a falling channel pattern on the daily chart.

The latest decline has pushed the token closer to the channel’s lower support trendline around $0.075.

If sellers successfully break below this level, the next significant support is located near $0.0679, which corresponds to the 1.618 Fibonacci extension measured from the previous decline between $0.1998 and $0.1183.

Technical momentum continues to favor the bears. The Relative Strength Index (RSI) has fallen to approximately 10, placing the asset deep in oversold territory and highlighting the intensity of the recent selling pressure.

Meanwhile, the Moving Average Convergence Divergence (MACD) remains below the zero line, with both the MACD and signal lines trending lower while negative histogram bars continue expanding.

Together, these indicators suggest bearish momentum remains firmly in control despite increasingly oversold conditions.

The immediate focus remains on the $0.075 support level. A decisive breakdown below this area could accelerate losses toward $0.0679, reinforcing the prevailing downtrend.

On the upside, if buyers manage to defend support and trigger a rebound, PI could first target the 1.272 Fibonacci extension at $0.0961, followed by the important $0.1000 psychological resistance.

Until stronger buying activity returns, however, Pi Network’s technical outlook continues to favor additional downside as weak retail demand and expanding token supply weigh on market sentiment.

Hyperliquid price holds above key support as traders watch the $61.92 level.
Bitcoin’s move around $63,000 could shape HYPE’s next direction.
Hyperliquid’s total open interest has climbed to nearly $11 billion.

Hyperliquid (HYPE) has entered a crucial phase after retreating from its recent record high, with traders closely watching whether the token can stabilise above key support levels.

The latest pullback comes as broader cryptocurrency markets react to rising geopolitical tensions, leaving Bitcoin’s next move at the centre of attention.

However, while HYPE has lost momentum over the past week, the network continues to post strong trading activity, creating an interesting contrast between short-term price action and underlying platform growth.

Hyperliquid price tests support after weekly decline

HYPE is trading around $65, down 7.0% over the past seven days after reaching an all-time high of $76.87 on June 16.

The correction has pushed the token toward an important support area between $64 and $65, where buyers have started defending prices.

The next few trading sessions could prove decisive.

If the Hyperliquid price manages to reclaim $67 with stronger buying volume, the token could make another attempt at the $70 level.

However, a failure to hold the current support zone would shift attention to $61.92, which has emerged as the next major technical floor.

A break below $61.92 could expose the token to additional downside, with $60 becoming the next area traders are likely to monitor.

Bitcoin remains one of the biggest external factors influencing that outlook.

The broader market has been under pressure following renewed geopolitical uncertainty, and Bitcoin’s ability to remain above $63,000 is viewed as an important signal for risk assets across the cryptocurrency market.

If Bitcoin maintains above $63,000, it could provide enough stability for HYPE to consolidate. A move below it, on the other hand, could trigger another wave of selling across altcoins.

Technical indicators point to mixed short-term momentum

The latest technical indicators suggest that HYPE has not yet established a clear directional trend despite the recent correction.

The Relative Strength Index (RSI) currently stands at 47.99, placing it in neutral territory.

This indicates that the token is neither overbought nor oversold, leaving room for either buyers or sellers to take control depending on broader market conditions.

Exponential moving averages paint a more constructive picture over a longer timeframe.

HYPE continues to trade above its 50-day, 100-day and 200-day exponential moving averages (EMAs), signalling that the broader uptrend remains intact despite the recent decline.

At the same time, the token has dropped below its 10-day and 20-day EMAs, showing that short-term resistance remains in place before momentum can fully recover.

This combination of indicators suggests that while the long-term forecast remains positive, the near-term direction will depend on whether buyers can regain control around current price levels.

Hyperliquid platform activity continues to expand

Although HYPE has pulled back from its recent highs, activity on the Hyperliquid ecosystem continues to grow.

The protocol’s total value locked (TVL) stands at approximately $6.013 billion, reflecting continued capital committed to the platform.

At the same time, 24-hour trading volume remains close to $296 million, highlighting sustained market participation despite recent volatility.

Another notable development is the rapid growth in derivatives activity. Total open interest has climbed to roughly $11 billion, while real-world asset (RWA) perpetual contracts account for approximately $3.6  billion of that figure.

Real-world asset (RWA) open interest on Hyperliquid reached a new ATH of $3.6B

Total OI reached a new high for 2026 of $11B pic.twitter.com/FJyeuUq0ya

— Hyperliquid (@HyperliquidX) July 13, 2026

The increase shows that traders are expanding beyond crypto-native products into tokenised exposure linked to traditional financial assets.

The growth in RWA trading has become one of the defining trends for Hyperliquid during 2026, helping the platform attract additional trading activity even as digital asset prices experience short-term swings.

Key HYPE price levels to watch

The coming days are likely to be shaped by both technical price levels and broader market sentiment.

The first area to watch remains $64-$65, where buyers have so far attempted to defend support. If that zone holds and HYPE reclaims $67 on stronger volume, attention could quickly shift back toward $70.

On the downside, $61.92 has become the most important technical support. A sustained move below that level would increase the probability of a deeper correction toward $60, particularly if Bitcoin also loses support at $63,000.

For now, the Hyperliquid price finds itself at a pivotal point.

Short-term momentum has weakened following a 7% weekly decline, yet the broader technical structure remains constructive, while platform activity continues to reach new milestones.

Whether the token resumes its broader uptrend or extends its correction is likely to depend on Bitcoin’s next move and how traders respond around these key technical levels.

Key takeaways

Bitcoin (BTC) dropped below $64,000 despite improving derivatives data.
Analysts at QCP note that July has historically been one of Bitcoin’s strongest months, averaging gains of around 7.5%.
Glassnode says Bitcoin is showing signs of structural stabilization, with spot selling pressure easing significantly.

Bitcoin (BTC) started July on firmer footing, recovering above the $63,000 level as improving derivatives positioning and easing selling pressure helped stabilize the cryptocurrency market.

The rebound follows several weeks of volatility and comes as analysts point to historically favorable seasonal trends, strengthening technical conditions, and improving institutional flows as factors supporting Bitcoin’s recovery.

At the time of writing, Bitcoin was trading near $63,190, up approximately 0.6% over the past 24 hours.

July seasonality favors Bitcoin bulls

Analysts at crypto trading firm QCP noted that Bitcoin’s early-July recovery aligns with historical market patterns.

According to the firm, July has traditionally been one of Bitcoin’s strongest-performing months, delivering average returns of roughly 7.5%.

QCP added that lighter trading volumes during the U.S. Independence Day holiday helped preserve the bullish momentum that emerged after softer-than-expected U.S. labor market data eased pressure on risk assets.

The firm also observed that stress across Bitcoin’s derivatives market has begun to ease.

Recent derivatives data suggests traders are becoming less defensive. QCP highlighted several encouraging developments:

Implied volatility continues to trend lower.
Near-term put option skew has moderated after rising sharply during the recent market decline.
Traders have shown notable interest in $70,000 call options expiring at the end of July, indicating expectations for additional upside.

However, optimism remains measured.

The firm also pointed to ongoing demand for $58,000 put options expiring later this year, reflecting concerns among some investors that Bitcoin’s current rebound could resemble the temporary recovery seen during the 2022 bear market before prices resumed their decline.

Bitcoin price forecast: BTC could drop below $63,000

The BTC/USD 4-hour chart remains bullish and efficient following last week’s rally. The momentum indicators suggest that the market is currently consolidating.

The RSI of 55 means that neither the buyers nor the sellers are in control. The MACD lines are also in the neutral zone, reinforcing the current bias.

If the bearish trend resumes, BTC could slip below the $63,000 level and test the 4-hour TLQ at $61,365. 

However, if the bulls regain control, Bitcoin could surge past the $64,000 barrier and retest the June 15 high of $67,125.

Key takeaways

Hyperliquid (HYPE) has fallen below $70, extending its losing streak as broader crypto market sentiment turns risk-off.
Retail participation is weakening, with futures open interest declining and long liquidations dominating the derivatives market.

Hyperliquid (HYPE) continued to trade lower on Wednesday, slipping below the $70 level as cautious sentiment across the cryptocurrency market dampened retail participation.

The token has recorded three consecutive days of losses, reflecting growing uncertainty among short-term traders. Despite the pullback, institutional investors continue to show confidence, highlighting a divergence between retail and professional market participants.

Retail traders reduce exposure

Recent derivatives data points to weakening retail demand for HYPE. According to CoinGlass, Hyperliquid futures open interest (OI) declined by more than 2% over the past 24 hours to $2.80 billion, indicating that traders are either reducing leverage or closing positions altogether.

During the same period, the market recorded $7.09 million in liquidations, with approximately $6.29 million coming from long positions. 

The dominance of long liquidations suggests that bullish traders have been forced to exit as prices moved lower, reinforcing short-term selling pressure.

Despite the decline in positioning, the funding rate remains positive at 0.0078%, indicating that some traders continue to maintain bullish expectations and are willing to pay a premium to hold long positions.

While retail sentiment has weakened, institutional interest continues to provide support.

Data from CoinGlass shows that HYPE exchange-traded funds (ETFs) attracted $4.32 million in net inflows on Tuesday, following $8.43 million in inflows recorded on Monday.

The continued inflows suggest that larger investors remain optimistic about Hyperliquid’s longer-term outlook despite ongoing short-term market volatility.

This divergence between institutional accumulation and cautious retail positioning could become an important factor in determining the token’s next major move.

Hyperliquid price outlook: Support near $64.75 comes into focus

At the time of writing, HYPE is trading around $68, maintaining its broader bullish structure despite recent weakness.

The token remains comfortably above its 50-day Exponential Moving Average (EMA) at $62.36, which continues to trend above the 200-day EMA at $48.40—a positive sign for the longer-term trend.

However, the recent rejection from a local resistance trendline near $72.75 has increased the likelihood of a deeper short-term correction.

From a technical standpoint, HYPE could continue sliding toward a rising support trendline around $64.75, an area reinforced by the nearby 50-day EMA.

Momentum indicators continue to lean cautiously bullish but show signs of slowing. The Moving Average Convergence Divergence (MACD) remains slightly above its signal line, indicating that positive momentum has not disappeared completely.

Meanwhile, the Relative Strength Index (RSI) sits around 54, reflecting moderate buying strength while gradually moving back toward neutral territory.

Unless buying activity strengthens, the current pullback could continue before the broader uptrend resumes.

The first major support lies near the ascending trendline around $64.75, followed by the 50-day EMA at $62.36. A decisive break below these levels could expose HYPE to a deeper correction, potentially bringing the $60 level into focus.

On the upside, bulls must reclaim the $72.73 resistance zone, which aligns with the recent descending trendline. A successful breakout above this level could restore upward momentum and pave the way toward the R1 Pivot Point at $77.09, followed by the R2 Pivot Point at $89.14.

For now, the short-term outlook remains cautious, with weakening retail demand offset by continued institutional accumulation.

Key takeaways

Hyperliquid (HYPE) has fallen for four straight days as retail demand weakens amid broader crypto market uncertainty.
Futures open interest and trading volume have declined, signaling lower speculative activity.
Institutional interest remains strong, with HYPE ETFs attracting $16.08 million in weekly inflows.

Hyperliquid (HYPE) remains under pressure for the fourth consecutive trading session as retail traders reduce exposure amid growing geopolitical uncertainty and a broader risk-off mood across the cryptocurrency market.

While short-term sentiment has cooled, institutional investors continue to accumulate exposure, and activity within Hyperliquid’s Real World Asset (RWA) ecosystem remains robust. These factors continue to support the token’s longer-term bullish outlook.

Technical indicators also suggest that a decisive breakout above the $75-$77 resistance area could reignite buying momentum and potentially push HYPE toward the psychological $100 level.

Retail traders step back as market sentiment weakens

Retail participation in Hyperliquid has softened as investors become increasingly cautious amid renewed tensions in the Middle East, which have dampened appetite for risk assets.

According to CoinGlass data, HYPE futures open interest declined to $2.68 billion, indicating a modest reduction in leveraged positions. 

Meanwhile, derivatives trading volume dropped 29% over the past 24 hours to $1.99 billion, highlighting weaker short-term market participation.

Despite the slowdown, bullish positioning has not disappeared entirely. The funding rate eased slightly to 0.0065% from 0.0078% a day earlier, remaining in positive territory. 

Positive funding rates generally indicate that long-position holders are still willing to pay a premium, suggesting optimism persists despite the recent pullback.

Overall, derivatives data points to a cautious market where traders are waiting for greater clarity before making aggressive directional bets.

While retail demand has cooled, institutional investors continue to show confidence in Hyperliquid.

HYPE-focused exchange-traded funds (ETFs) attracted $3.33 million in fresh inflows on Wednesday, bringing total weekly inflows to $16.08 million. 

The steady capital inflows suggest larger investors remain optimistic about the project’s long-term growth prospects.

At the same time, Hyperliquid’s HIP-3 ecosystem—which supports perpetual contracts tied to tokenized Real World Assets (RWAs)—continues to gain momentum.

Open interest across HIP-3 products climbed to $3.10 billion, while trading volume increased 40% over the past 24 hours and 28% over the past month. 

Revenue has also remained stable at roughly $10 million over the past four weeks, reflecting sustained user activity and growing demand for RWA-based trading products.

These metrics reinforce the view that institutional adoption and expanding utility remain key drivers behind Hyperliquid’s long-term bullish narrative.

Technical analysis: $75-$77 remains the key breakout zone

From a technical standpoint, Hyperliquid is undergoing a healthy correction while preserving its broader uptrend.

The token is approaching a rising support trendline near $66.54, an area that continues to underpin the current market structure. 

More importantly, HYPE remains comfortably above both its 50-day Exponential Moving Average (EMA) at $62.53 and the 200-day Exponential Moving Average (EMA) at $48.33.

Holding above these major moving averages indicates that buyers still maintain control of the longer-term trend.

The primary resistance lies between $75.76—the June 1 swing high—and the R1 Pivot level at $77.09. Together, these levels form the upper boundary of an ascending triangle, a chart pattern that often precedes bullish breakouts.

A successful move above this resistance zone could open the door to the next upside targets: R2 Pivot at $89.14, and the R3 Pivot: $101.35

If bullish momentum accelerates, the psychological $100 level could become a realistic near-term objective.

Technical momentum indicators continue to favor the bulls despite the recent correction. The Moving Average Convergence Divergence (MACD) remains above its signal line, indicating that bullish momentum has not been fully lost.

Meanwhile, the Relative Strength Index (RSI) sits around 42, just below the neutral zone. This suggests there is still room for additional upside if buying pressure returns.

Together, these indicators reflect neutral-to-positive momentum rather than a shift toward a bearish trend.

Although the broader outlook remains constructive, traders should monitor downside support levels closely.

If HYPE loses the 50-day EMA at $62.53, sellers could push prices toward the S1 Pivot level at $52.83.

A deeper correction could eventually test the 200-day EMA at $48.33, which continues to represent the foundation of Hyperliquid’s longer-term bullish market structure.

As long as HYPE remains above these critical support levels, the broader uptrend remains intact despite ongoing short-term volatility.

Key takeaways

Bitcoin (BTC), Ethereum (ETH), and XRP extended their recovery as geopolitical concerns eased.
Market sentiment improved after US President Donald Trump said Iran had reached out to discuss a potential agreement.
Bitcoin has surpassed the key $64,000 resistance level, with a breakout potentially strengthening the short-term outlook.

Bitcoin (BTC) extended its recovery on Friday, climbing above the $64,000 level as improving investor sentiment supported a broader rebound across the cryptocurrency market.

The recovery comes after geopolitical concerns eased following comments from US President Donald Trump, who said Iran had contacted the United States to discuss a potential agreement. 

The remarks fueled hopes of reduced tensions in the Middle East, encouraging investors to return to risk assets.

The positive sentiment also helped Ethereum (ETH) edge closer to $1,800, while XRP stabilized after finding support near key technical levels.

Improving risk appetite supports Bitcoin recovery

Cryptocurrency markets gained ground as fears surrounding the recent escalation in the Middle East began to subside.

Investor confidence improved after Trump indicated that Iran had initiated contact with the United States regarding possible negotiations, raising expectations that diplomatic efforts could help prevent further conflict.

The shift in market sentiment prompted renewed buying across digital assets, allowing Bitcoin to recover toward an important technical resistance zone.

Bitcoin price analysis: Bulls target higher resistance levels

Bitcoin was trading around $64,300 at the time of writing, placing it just below the significant $65,000 resistance area.

Although the recent rebound has strengthened short-term momentum, BTC remains below several key trend indicators, suggesting the broader market structure has yet to turn decisively bullish.

Bitcoin continues to trade beneath the 50-day Exponential Moving Average (EMA) at $65,399, the 100-day EMA ($68,991), and the 200-day EMA ($75,024)

These moving averages form a strong overhead resistance zone that bulls must overcome before confirming a broader trend reversal.

Technical indicators suggest buying momentum is slowly returning. The Relative Strength Index (RSI) has moved above the neutral 50 level, indicating strengthening bullish momentum after weeks of weakness.

Meanwhile, the Moving Average Convergence Divergence (MACD) remains in positive territory, with the MACD line holding above zero and the histogram continuing to expand, signaling that upward momentum is gradually building.

While these indicators favor buyers in the short term, they have yet to invalidate the broader bearish structure.

The first major resistance for Bitcoin sits near the $64,686 horizontal level. A decisive daily close above this area would bring the 50-day EMA at $65,399 into focus. 

If buyers clear that hurdle, attention could shift toward the 100-day EMA at $68,991, followed by the 200-day EMA at $75,024.

Beyond those levels, the next significant long-term resistance lies around $84,410.

On the downside, Bitcoin lacks a strong nearby technical support zone, making the market vulnerable to renewed selling pressure if the current recovery loses momentum. 

In that scenario, traders will likely look to the $60,000 psychological level as the next major area where buying interest could emerge.

For now, improving geopolitical sentiment has provided Bitcoin with short-term support, but bulls will need to reclaim $64,000 and overcome the cluster of moving average resistance to strengthen the case for a sustained recovery.

Key takeaways

Ethereum (ETH) is extending its recovery, trading near $1,800, a key technical resistance level.
Despite improving momentum, ETH remains below its 50-day, 100-day, and 200-day EMAs, keeping the broader trend cautious.
Technical indicators, including the RSI and MACD, suggest bullish momentum is strengthening.

Ethereum price nears $1,800 as recovery momentum builds

Ethereum (ETH) continued its recovery on Friday, climbing to around $1,790 as buyers pushed the cryptocurrency closer to the important $1,800 resistance level.

Although recent gains have improved short-term sentiment, Ethereum remains below several major moving averages, indicating that the broader trend has yet to shift decisively in favor of the bulls.

Ethereum’s recovery is approaching a significant technical hurdle at the 50-day Exponential Moving Average (EMA) near $1,800.

The asset continues to trade below all of its major trend indicators, including the 50-day EMA at $1,800, the 100-day EMA ($1,956), and the 200-day EMA ($2,235)

This cluster of moving averages continues to cap upside momentum and suggests that the broader market remains in a corrective phase despite the recent rebound.

Momentum Indicators Turn More Constructive

Technical indicators point to improving buying momentum. The Relative Strength Index (RSI) is hovering around 60, moving above the neutral 50 level and indicating that buyers are gradually regaining control.

Meanwhile, the Moving Average Convergence Divergence (MACD) remains in positive territory, signaling strengthening bullish momentum as Ethereum attempts to build on its recent recovery.

While both indicators support additional upside in the short term, a confirmed breakout above the major resistance levels is still needed to establish a stronger bullish trend.

The immediate resistance remains the 50-day EMA near $1,800. A successful daily close above this level could allow Ethereum to target the 100-day EMA around $1,956, followed by the important $2,000 psychological resistance. 

Beyond that, the 200-day EMA near $2,236 represents the next major obstacle for bulls.

On the downside, the primary support level sits around $1,385. A break below this area would signal renewed bearish pressure and could revive the broader downtrend.

As long as Ethereum remains above its key support while momentum indicators continue to improve, the possibility of further consolidation—and eventually a breakout above the $1,800 resistance zone—remains intact.

Key takeaways

Arbitrum (ARB) rebounded above $0.081 after recovering losses from earlier in the week.
Offchain Labs co-founder Steven Goldfeder announced that 10% of fees generated by Robinhood Chain and other Arbitrum Layer 2 networks will flow back into the Arbitrum ecosystem.
The revenue-sharing model is expected to strengthen the DAO treasury, fund development, and enhance ARB’s long-term value.

Arbitrum (ARB) extended its recovery on Thursday, climbing above $0.081 after erasing losses recorded earlier in the week. 

The rally followed a major announcement from Offchain Labs co-founder Steven Goldfeder, who revealed that a portion of transaction fees generated by Robinhood Chain and other Arbitrum Layer 2 (L2) networks will be redirected to the broader Arbitrum ecosystem.

The announcement has boosted investor confidence by highlighting a sustainable revenue model that could strengthen the network’s long-term fundamentals, while improving technical indicators suggest ARB may have room for further gains.

Robinhood Chain revenue-sharing strengthens Arbitrum ecosystem

In a post on X, Offchain Labs co-founder and Arbitrum developer Steven Goldfeder disclosed that 10% of fees collected by Robinhood Chain and every other Arbitrum Layer 2 chain are allocated back to the Arbitrum ecosystem.

As enterprise adoption is heating up, Arbitrum is well positioned to capture revenue.

10% of fees collected on Robinhood Chain (and every other Arbitrum L2) go to the Arbitrum ecosystem — 8% to the tokenholder controlled treasury and 2% to fund development.

And of course 100%…

— Steven Goldfeder (@sgoldfed) July 8, 2026

According to Goldfeder, 8% of those fees are directed to the tokenholder-controlled Arbitrum DAO treasury, while the remaining 2% is used to support ongoing network development.

He also noted that 100% of fees generated on Arbitrum One continue to flow directly into the Arbitrum treasury, further reinforcing the ecosystem’s long-term funding model.

The fee-sharing mechanism is viewed as a positive development for Arbitrum because it creates an ongoing source of revenue for governance, ecosystem expansion, and developer incentives. As enterprise adoption of Layer 2 networks accelerates, the model could significantly increase the value captured by the Arbitrum ecosystem over time.

Investors responded positively to the announcement, sending ARB more than 7% higher during Thursday’s trading session.

Technical outlook improves, but key resistance remains

ARB has recovered above $0.085, reversing the losses recorded over the previous three sessions. 

However, the token still trades below several important moving averages, suggesting the broader trend has yet to turn decisively bullish.

The 200-day Exponential Moving Average (EMA) remains well above the current price at $0.1409, underscoring the longer-term bearish structure.

Meanwhile, momentum indicators are beginning to stabilize. The Moving Average Convergence Divergence (MACD) is showing signs of improving momentum, while the Relative Strength Index (RSI) is hovering near 50, indicating that selling pressure is easing without confirming a full bullish reversal.

The first major resistance zone sits between $0.0878 and $0.0891, where several technical barriers converge.

This area includes the 50-day EMA at $0.0878, a horizontal resistance level at $0.0883, and the 23.6% Fibonacci retracement level at $0.0891.

A successful breakout above this cluster could shift momentum further in favor of buyers and open the path toward the next resistance levels.

On the downside, the key support remains around $0.0705, which marks both the previous swing low and the primary Fibonacci support level.

Holding above this area would preserve the recent recovery. However, a daily close below $0.0705 could invalidate the current rebound and expose ARB to another leg lower despite improving momentum indicators.

For now, traders will be watching whether growing ecosystem revenues and stronger investor sentiment can help ARB break above the critical $0.09 resistance zone and build a more sustained recovery.

Solana (SOL) is up 18.5% over the past 30 days.
Analysts are watching the $85–$90 resistance zone.
B3 futures and FullSend add to Solana’s momentum.

Solana has regained momentum after a difficult stretch earlier this year, with the token climbing back above the $77 mark and extending its monthly recovery.

At the time of writing, SOL is trading at $77.73, up 0.8% over the past 24 hours after moving between $76.25 and $78.62 during the session.

Over the past month, the cryptocurrency has gained 18.5%, while its two-week performance stands at 21.6%.

The recent recovery has renewed interest in Solana’s outlook, particularly as technical indicators, institutional activity, and network developments begin to align.

While the token remains well below its all-time high of $293.31, several analysts believe the current trend has created room for further upside if key resistance levels are cleared.

Technical picture points to key breakout levels

SOL’s latest rally follows a rebound of roughly 38% from its recent low near $60, bringing renewed attention to the asset’s technical structure.

The recovery also marked Solana’s first positive monthly performance in several months, suggesting that selling pressure has eased.

Market analyst Ali Martinez has identified the $85 to $90 region as an important resistance zone.

A sustained move above that range would bring the psychologically significant $100 level back into focus.

SOLANA: BIG SUPPLY WALL

Solana is currently attempting to reclaim a resistance zone between $79 and $85.

According to URPD data, roughly 105 million SOL were transacted within this range, establishing a dense supply cluster.

Reclaiming this zone as support clears the overhead… https://t.co/CZXB9kPtOz pic.twitter.com/jiZI3GJ8z4

— Ali Charts (@alicharts) July 8, 2026

Another closely watched analyst, Michaël van de Poppe, has highlighted the importance of the $73- $76 area, describing it as a major support zone that continues to underpin the broader recovery.

According to Poppe, as long as that area remains intact, the longer-term structure remains constructive from a technical standpoint.

Things start to become interesting here for $SOL.

If it is able to hold between $ 73- $ 76 and bounce back upwards, it is a strong signal that the markets are ready to run to higher than $100.

If that doesn’t happen, boy, we’ll be seeing new lows across the board. pic.twitter.com/XRz4iMfxY6

— Michaël van de Poppe (@CryptoMichNL) July 8, 2026

Attention has also shifted to Solana’s performance against Bitcoin.

The SOL/BTC trading pair has shown signs of strengthening after spending months in decline.

According to technical analysis, a breakout above the long-term resistance around 0.00140–0.00145 BTC could indicate improving relative strength for Solana compared with Bitcoin.

If that breakout is confirmed, technical projections place the next major value area between $140 and $150.

Those levels are based on historical trading activity rather than guaranteed price targets, meaning further confirmation would still be needed before the market could sustain such a move.

At the same time, focus is on the $75 to $78 range as an important near-term support area.

Holding above that zone would help preserve the current recovery, while a break below it could slow bullish momentum.

Institutional adoption continues to expand

Beyond price action, Solana has also benefited from growing institutional participation.

Brazil’s stock exchange, B3, recently expanded its regulated cryptocurrency derivatives offering by introducing Solana futures alongside Ethereum futures and Bitcoin options.

The contracts are settled in US dollars and reference Nasdaq’s digital asset benchmark prices.

Each Solana futures contract represents 5 SOL, giving professional investors another regulated instrument for gaining exposure to the asset or managing risk through hedging strategies.

B3 also reduced the size of its Bitcoin futures contracts to improve accessibility, a move that reflects broader efforts to increase participation in regulated crypto derivatives.

The expansion places Solana alongside Bitcoin and Ethereum within one of Latin America’s largest regulated exchange environments.

While derivatives products do not directly determine price direction, they typically improve market efficiency by expanding trading and hedging opportunities for institutional participants.

Recent infrastructure developments have also focused attention on Solana’s ability to support high-volume financial applications.

Privy, the wallet infrastructure provider acquired by Stripe, has partnered with Jito Labs to launch FullSend, a transaction routing system designed specifically for the Solana blockchain.

Instead of relying solely on traditional RPC infrastructure, FullSend routes transactions directly to the validator responsible for producing the next block.

According to the companies, the system has been operating in production since January and has processed millions of transactions with 99.999% landing reliability.

The technology also reduces transaction inclusion latency to approximately 50 milliseconds, compared with roughly 200 milliseconds or more under conventional routing methods.

For developers building payment platforms, trading applications, or financial services, those improvements reduce failed transactions during periods of network congestion while simplifying transaction management.

Developers using Privy’s wallet infrastructure receive these routing improvements without implementing additional software.

The announcement also highlights Privy’s growing reach following its acquisition by Stripe.

The company supports approximately 140 million accounts across applications that collectively process billions of dollars in monthly transaction volume.

The immediate focus now remains on whether buyers can push the token above the $85–$90 resistance range.

A successful breakout would place $100 at the centre of market attention, while continued strength in the SOL/BTC pair could reinforce the view that Solana is beginning to outperform Bitcoin once again.

Key takeaways

Zcash (ZEC) climbed more than 4% after developers announced progress toward proving its new privacy system is free from undetectable counterfeiting vulnerabilities.
Project Tachyon is close to completing a mathematical verification of Zcash’s upcoming Ironwood shielded pool.

Zcash’s native token ZEC surged more than 4% on Wednesday after developers announced they are close to mathematically proving that the network’s next-generation privacy system is free from a critical class of counterfeiting vulnerabilities.

The announcement restored investor confidence following last month’s disclosure of a security flaw in Zcash’s existing shielded transaction system, helping the privacy-focused cryptocurrency reclaim the $500 level for the first time since early June.

Project Tachyon nears verification of Ironwood Shielded Pool

The latest update comes from Project Tachyon, the team leading the formal verification of Zcash’s upcoming Ironwood shielded pool, which is set to replace the current Orchard privacy pool.

According to the developers, they are close to producing a mathematical proof confirming that Ironwood does not contain undetectable counterfeiting bugs.

Zcash founder Zooko Wilcox said the project is “on the verge” of completing a formal proof demonstrating that the latest generation of Zcash shielded pools is secure against this class of vulnerability.

If successful, the verification would provide stronger security guarantees for one of the network’s core privacy features.

Investor confidence was shaken last month after developers disclosed a critical vulnerability affecting Zcash’s Orchard shielded pool.

The flaw could have theoretically allowed an attacker to create counterfeit ZEC within the privacy pool without detection.

Although developers quickly patched the issue and said they found no evidence that the vulnerability had ever been exploited, Zcash’s privacy architecture made it impossible to cryptographically prove that no counterfeit coins had been created.

The disclosure triggered a sharp market reaction, sending ZEC down more than 40% in just two days.

Will ZEC reclaim $550?

The ZEC/USD 4-hour chart remains bullish and efficient following the recent rally. The momentum indicators suggest that the bulls could push ZEC’s price higher.

The RSI of 57 shows that ZEC is above the neutral zone, while the MACD lines reinforce the bullish bias.

If the bulls remain in control, ZEC could rally past the Tuesday high of $510 and set a new weekly high around $550. 

A decisive candle close above this level could allow ZEC to reclaim the $600 psychological zone in the near term. 

However, if the bears come into the picture, ZEC could retest the 4-hour TLQ at $438 over the next few hours.