Puntos clave de la noticia: Alchemy launched a $20 million Solana developer fund aimed at lowering early infrastructure costs for teams building Web3 applications on the network. Selected projects can receive up to $25,000 in credits for node access, APIs, and tooling, with no long-term lock-in conditions attached.
Circle has minted more than $10.5b USDC on Solana in a month, underscoring the chain's rise as a high‑throughput rail for on‑chain dollars and DeFi flows. Circle has minted more than $10.
Securitize is set to issue a Currenc Group equity as a digital token on a public blockchain, with the shares expected to launch on both Ethereum and Solana. Related Reading: South Korea Imposes 5-Minute Audit Rule On Crypto Platforms The move puts Solana back in the spotlight for a use case tied to real-world assets, not just price moves.
Solana charts show a possible breakdown below the 50 day SMA or a breakout retest that could drive recovery.
Solana price has rebounded back above $85 on Friday morning, retracing back some of its losses following Wednesday's rally.
As of Friday, April 10, Solana maintains a position near $83, successfully defending the $80 floor but unable to generate upward momentum. The cryptocurrency remains constrained beneath its 50-day, 100-day, and 200-day Exponential Moving Averages, creating a neutral to bearish technical setup.
Amid the recent market recovery, Solana (SOL) has jumped roughly 10% from last week's lows, reclaiming the $82 level and retesting a major resistance. However, some market observers have warned that the rally could be short-lived if the cryptocurrency doesn't turn a key level into support in the coming days.
Solana failed to stay above $85 and corrected some gains. SOL price is now consolidating and might aim for another increase above $85.
Futures positioning among top traders is showing a growing split between 'USD-margined' and 'coin-margined' markets, with Bitcoin (BTC) seeing early signs of weakening coin-margined longs while Solana (SOL) and Dogecoin (DOGE) continue to draw heavily leveraged bullish bets. The divergence matters because it can foreshadow shifts in risk appetite: USD-margined contracts are often associated with more risk-managed trading and hedging, while coin-margined exposure tends to reflect higher-conviction, higher-volatility positioning.
SOL traders could be mistaken in thinking that the current consolidation will end well for the bulls.
On Thursday, Manifest announced a key integration to expand its derivatives offering. Through this move, the firm seeks to democratize options trading on Solana, providing advanced tools for digital asset management. The platform's resilience has been remarkable so far, capturing a 7% share of the total DEX volume on Solana.
Solana is once again under the microscope of the crypto market. Analysts have detected a technical formation that, according to the ecosystem's history, precedes significant collapses in market price.