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Crypto

Solana holds $75, but death cross raises risk of fall to $40

Solana is narrowly holding above its 50-day moving average around $75, but markets are placing more weight on the risk of further declines than an immediate rebound. Decrypt reported Solana traded down 1.22 percent at $75.06, while Myriad priced a 69 percent chance of a drop to $40 and a 31 percent chance of a rise to $160. A daily-chart death cross has formed, and indicators remain largely neutral.

Crypto

Why Cardano whales are selling ADA now

Large Cardano holders have been reducing their positions after a recent rebound, putting renewed downside pressure on ADA. Over the past 9 days, the number of wallets holding 1 million to 10 million ADA fell to 2,340 from 2,370. Analyst Ali Martinez said big investors took profits at the top, weakening support from large capital. ADA slid to $0.188 after failing to hold $0.202, with $0.170 seen as a key support level.

Crypto

XRP faces worst week among major cryptos as Clarity bill delay tests $1 level

XRP has been weaker than the broader cryptocurrency market, posting the worst weekly return among the top 10 tokens by market value, with delays to the U.S. Digital Asset Market Clarity Act cited as a key factor. The Senate did not hold a vote before its August recess, though a procedural vote is scheduled for Sept. 15. XRP traded around $1.01, and technical indicators showed continued bearish signals.