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Solana (SOL) Back on Track: Is The Uptrend Here to Stay?

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Solana started a fresh increase from the $215 zone. SOL price is rising and might aim for a move above the $240 and $250 resistance levels.

  • SOL price started a fresh increase after it settled above the $222 level against the US Dollar.
  • The price is now trading above $230 and the 100-hourly simple moving average.
  • There was a break above a key bearish trend line with resistance at $232 on the hourly chart of the SOL/USD pair (data source from Kraken).
  • The pair could start a fresh increase if the bulls clear the $240 zone.

Solana Price Eyes Fresh Surge

Solana price formed a support base and started a fresh increase above the $220 level like Bitcoin and Ethereum. There was a decent increase above the $225 and $230 resistance levels.

There was a move above the 50% Fib retracement level of the downward move from the $246 swing high to the $215 low. Besides, there was a break above a key bearish trend line with resistance at $232 on the hourly chart of the SOL/USD pair.

Solana is now trading above $235 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $240 level or the 76.4% Fib retracement level of the downward move from the $246 swing high to the $215 low.

Solana Price

The next major resistance is near the $246 level. The main resistance could be $250. A successful close above the $250 resistance level could set the pace for another steady increase. The next key resistance is $265. Any more gains might send the price toward the $280 level.

Another Decline in SOL?

If SOL fails to rise above the $240 resistance, it could start another decline. Initial support on the downside is near the $230 level or the 100-hourly simple moving average. The first major support is near the $220 level.

A break below the $220 level might send the price toward the $215 zone. If there is a close below the $215 support, the price could decline toward the $200 support in the near term.

Technical Indicators

Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone.

Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level.

Major Support Levels – $230 and $220.

Major Resistance Levels – $240 and $250.



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Hedera (HBAR) Drops 8% as Market Signals Remain Mixed

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Hedera (HBAR) price rebounded over 10% in the last 24 hours, as some technical indicators are beginning to flash early signs of a potential recovery. The BBTrend has flipped positive after a full week in the red, hinting at a possible momentum shift. However, the Ichimoku Cloud still shows a firmly bearish setup, and EMA lines continue to favor downside risk. Whether HBAR can reclaim lost ground or continue sliding toward multi-month lows will depend on how these conflicting signals resolve in the coming days.

Hedera BBTrend Is Positive After Seven Days

Hedera’s BBTrend indicator has turned positive, currently sitting at 3.96 after spending the past seven days in negative territory and hitting a low of -17.12 on April 1.

The BBTrend (Bollinger Band Trend) is a momentum-based indicator used to assess the strength and direction of a trend relative to its position within the Bollinger Bands.

Readings above 0 suggest bullish momentum and potential upside movement, while readings below 0 indicate bearish pressure and downward momentum.

HBAR BBTrend.
HBAR BBTrend. Source: TradingView.

The current BBTrend value of 3.96 suggests that Hedera is showing early signs of a potential bullish reversal following a prolonged downtrend. The shift into positive territory could mean that buying pressure is returning and, if sustained, may support a price recovery.

However, given the recent volatility and overall weakness in the broader market, HBAR will need consistent follow-through above its mid-range levels to confirm this upward shift.

A failure to maintain a positive BBTrend could result in the continuation of sideways or downward movement.

HBAR Ichimoku Cloud Paints A Bearish Picture

The Ichimoku Cloud chart for Hedera currently displays a bearish structure. The price is positioned well below the Kumo (cloud), indicating that downward momentum remains dominant.

The Tenkan-sen (blue line) and Kijun-sen (red line) are both sloping downward and acting as immediate resistance levels, suggesting that sellers still have control over the trend.

HBAR Ichimoku Cloud.
HBAR Ichimoku Cloud. Source: TradingView.

The cloud ahead is thick and red, reinforcing a bearish outlook and signaling that strong resistance lies above the current price action. However, a recent bullish candle pushing toward the Tenkan-sen suggests early signs of a possible relief rally.

For any meaningful trend reversal to occur, HBAR would need to break above both the Tenkan-sen and Kijun-sen, and eventually move into the cloud itself—a challenging task given the current setup.

Overall, the Ichimoku configuration confirms that while some short-term upside is possible, the broader trend remains firmly bearish for now.

Will Hedera Fall To 5-Month Lows?

Hedera’s EMA (Exponential Moving Average) lines continue to signal a bearish trend, with short-term averages positioned below the long-term ones—a classic indication of downward momentum.

As long as this alignment holds, HBAR remains vulnerable to further declines.

If selling pressure resumes, the token could fall to test support at $0.124. A breakdown below that level would mark the first move under $0.12 since November 2024.

HBAR Price Analysis.
HBAR Price Analysis. Source: TradingView.

However, if Hedera price manages to reverse its current correction, a recovery could gain traction and push the price toward resistance at $0.155.

A breakout there could pave the way for further gains to $0.168, and if bullish momentum accelerates, HBAR could even attempt a move toward the $0.18 and $0.20 zones.

A crossover of the short-term EMAs above the long-term lines would be a key signal confirming a potential trend reversal.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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RWA Tokenization Takes Center Stage in Hong Kong

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At this week’s series of Web3 events in Hong Kong, industry leaders are highlighting real world asset (RWA) tokenization as a pivotal evolution in blockchain’s journey toward mainstream adoption.

“This is the perfect time for our whole industry,” said Shukyee Ma, Chief Strategy Officer of Plume, during an exclusive interview. “After last year’s disappointment with DeFi yields, users are looking for something new, and we have the tokenized assets ready.”

Read more: The Impact of Real World Asset (RWA) Tokenization

Purpose-Built Blockchains Leading the Way

A key trend emerging from the discussions is the development of purpose-built blockchains specifically designed for RWAs, rather than using existing general-purpose chains.

“All those public chains are not built for RWA protocols,” explained Ma. “That’s why we build this RWA chain and put DeFi composability on top of it to make it easier for crypto users to adopt.”

“Over the next 10 years we’re going to see a lot of existing fungible assets coming on chain—US treasuries, sovereign bonds, equities,” predicted Jayant Ramanand, Co-founder of MANTRA. “As these assets come on chain, you’ll have fungible, movable value that can be transferred across the world instantly.”

Regulatory Challenges and Opportunities

Industry professionals identified regulatory certainty as vital for widespread adoption.

“In order to further unlock the potential of this technology and encourage traditional finance to adopt it, we issued circulars to provide guidance,” said Elizabeth Wong, Director of Fintech at Hong Kong’s Securities and Futures Commission. “We maintained it to be agnostic to the technology used, as each blockchain has their benefits and limitations.”

Vivian Mei, a lawyer specializing in RWA compliance, observed that global regulatory frameworks are becoming increasingly aligned: “The overall regulatory landscape is moving toward high convergence in terms of virtual asset definitions, KYC requirements, and compliance standards.”

During the Web3 Festival, the RWA tokenization was discussed in Hong Kong through various events, including the main event discussion. Source: 2025 Web3 Festival Hong Kong

George Chou, Chief Fintech Officer at Hong Kong Monetary Authority, highlighted their Project Ensemble initiative: “We want to explore an innovative market infrastructure with the industry to facilitate settlement using tokenized money, and identify impactful domestic and cross-border use cases with leading experts and industry pioneers.”

Bridging Traditional Finance with Crypto

“It’s not just simply bringing offline assets on-chain. It’s providing a structural change in how the real world and virtual world connect,” said JJ from The PAC, whose platform recently tokenized a quantitative fund with approximately $100 million in assets.

While financial assets will lead early adoption, Rachel Keum, CEO of VaultX, offers a different approach with her platform tokenizing art assets using NFC technology: “Our mission is to revolutionize RWA ownership by empowering digital-illiterate creators and collectors to unlock new value in the digital economy.” She explained that VaultX had already launched partnerships with galleries across Asia and Europe, creating a decentralized marketplace for artists to receive ongoing royalties from secondary sales.

Consumer-focused applications are also emerging. “The real distribution is never for institutional investors—it’s for the people,” said EudemoniaCC from Morph, whose Black Card quickly gained popularity. “We’re trying to put payment and consumption at the center, letting people spend their crypto assets in the real world while bringing new audiences into the ecosystem.”

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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RWA Tokens Outperform Bitcoin During Tariffs

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Binance Research published its report on Trump’s tariffs and how they might impact the crypto market. It noted that the riskiest investments suffered the most, while RWAs and exchanges suffered the least.

Additionally, the perceived risk associated with Bitcoin increased, thanks to its new correlation with stock markets. Only 3% of its polled investors considered it their preferred asset class in the event of a trade war.

Binance Research Analyzes Tariffs

Binance Research, a subsidiary of the world’s largest crypto exchange, has been heavily exploring industry trends in 2025. Most recently, it reported significant gaps in latest crypto airdrops and distribution models. 

Today, Binance Research produced its newest report, which concerns US tariffs.

President Trump’s proposed tariffs are particularly relevant to Binance, as they’ve had an outsized impact on the crypto market. The report notes that these will be the US’ most stringent tariffs since the 1930s, driving fears of stagflation and a global trade war.

Binance Research analyzed different crypto-related assets to determine their risks:

Tariff Impacts on Crypto Binance Research
Tariff Impacts on Crypto. Source: Binance Research

The claims are backed up by today’s market moves. For example, Ethereum fell to March 2023 levels, while MANTRA’s OM token rose after it announced a major RWA fund.

Apparently, RWAs are the crypto market sector that faces the lowest risks from tariffs. The report notes that the most vulnerable sectors are those perceived as the riskiest, such as meme coins and AI.

Both the AI tokens and meme coins sectors have dropped more than 50% since the tariff announcements, while RWA tokens have lost only 16%. Exchange-based tokens only dipped by 18%.

Binance Research further claims that only 3% of FMS investors view Bitcoin as their preferred asset class in the event of a trade war. Although one of the most popular narratives about Bitcoin is that it can hedge against inflation, this new correlation may impact that characteristic.

“Macroeconomic factors — particularly trade policy and rate expectations — are increasingly driving crypto market behavior, temporarily eclipsing underlying demand dynamics. Whether this correlation structure persists will be key to understanding Bitcoin’s longer-term positioning and diversification value,” Binance Research claimed.

Ultimately, the report identified a lot of factors that could seriously influence the crypto market. A few of the other factors include trade war escalation, rising inflation, Federal Reserve policy, and crypto-specific developments.

“The risk-off response to the reciprocal tariff announcement has seen the S&P 500 lose over $5 trillion in two trading days. Over the past 44 trading sessions, the US stock market has lost over $11 trillion, a figure that accounts for about 38% of the entire country’s GDP. Trump’s tariff policies have intensified recession fears, with JP Morgan raising the odds to 60%,” Fakhul Miah, the Managing Director GoMining Institutional told BeInCrypto.

Overall, the key takeaway is that many variables are in play right now, but it’s still very possible to pick a safe option despite this chaos. Blockchain projects driven by utility and long-term development seem to be the safest option in the current volatile ecosystem.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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