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Solana Price Recovery Hinges on 3 Key Metrics; One Could Even Trigger a Short-Term Rally
Solana Price Recovery Hinges on 3 Key Metrics; One Could Even Trigger a Short-Term Rally

Solana’s sharp correction may look grim on the surface, but a drop in spot exchange supply, steady CME futures positioning, and a looming golden crossover tell a different story. If SOL holds above $160 and breaks through $176, a short-term recovery may be closer than most think.

BeInCrypto·2025/08/06 07:00
Two Reasons Why Ethereum’s Rally Is on Hold This August
Two Reasons Why Ethereum’s Rally Is on Hold This August

Ethereum's recent price stagnation is driven by diminishing leverage and whale activity, suggesting a prolonged period of consolidation or a possible price drop.

BeInCrypto·2025/08/06 06:30
Flash
  • 14:02
    The three major U.S. stock indexes turn lower, Nvidia's decline widens to 2%
    According to Jinse Finance, the three major U.S. stock indexes have turned lower. The Dow Jones Index is down 0.16%, the S&P 500 Index is down 0.15%, and the Nasdaq Composite Index is down 0.16%. Nvidia's decline has widened to 2%. The company's Q2 revenue and net profit both exceeded expectations, but its data center business revenue fell short of expectations.
  • 13:57
    The U.S. Department of Commerce partners with Chainlink to bring macroeconomic data on-chain
    ChainCatcher news, Chainlink announced a partnership with the U.S. Department of Commerce (DOC) to bring U.S. government macroeconomic data from the Bureau of Economic Analysis (BEA) on-chain. These brand new Chainlink data sources can securely bring key information of critical U.S. economic data on-chain, including real Gross Domestic Product (GDP), Personal Consumption Expenditures (PCE) Price Index, and real final sales to private domestic purchasers. This data will be updated monthly or quarterly and will initially be available in ten blockchain ecosystems. The first supported chains include: Arbitrum, Avalanche, Base, Botanix, Ethereum, Linea, Mantle, Optimism, Sonic, and ZKsync. According to user demand, support for other blockchain networks can be gradually added in the future.
  • 13:57
    Pyth Network selected by the U.S. Department of Commerce for on-chain economic data verification and distribution
    ChainCatcher News, according to the official blog, Pyth Network has announced that it has been selected by the U.S. Department of Commerce for the verification and distribution of on-chain economic data. Through its collaboration with Pyth, the U.S. Department of Commerce is doing much more than releasing one-off data; it is laying the foundation for a strategic partnership between the Department of Commerce and the Pyth Network. Pyth will initially provide quarterly GDP data from the past five years, and contributors to Pyth are expected to expand this initiative to support a broader set of economic data.
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