The post Solana Price Analysis: Can Rising Institutional Demand Reverse Bearish Outlook? appeared first on Coinpedia Fintech News Solana (SOL) price experienced heightened bearish sentiment during the second quarter and has since approached a crucial crossroads. The large-cap altcoin, with a fully diluted valuation of about $92.3 billion and a 24-hour average traded volume of around $4.6 billion, dropped around 3.2 percent in the last 30 days to trade at about $152.83 on Thursday, July 3, during the mid-North American trading session. Consequently, the SOL price has consistently closed below the 50-weekly Moving Average (MA) for the larger part since March. From a technical analysis standpoint, the SOL price has been forming a potential head and shoulders (H&S) pattern coupled with bearish divergence of the weekly Relative Strength Index (RSI). The midterm bearish sentiment will be invalidated if the SOL price consistently closes above the resistance level around $189. In such a scenario, the SOL price will be aiming to reach a new all-time high in the near future. Solana Network Gets Strong Support from DeFi Development The Solana network has recorded exponential growth in the number of institutional investors adopting its services or as a form of treasury management. Additionally, the increased engagement between the U.S. SEC and the fund managers seeking to offer spot SOL ETFs signals an imminent approval in the near future, which suggests rising demand from institutional investors. On Thursday, DeFi Development Corp. (NASDAQ: DFDV) announced the resumption of Solana coin acquisition to bolster its treasury portfolio. The company announced the acquisition of 17,760 Solana coins for about $2.72 million. As a result, DeFi Development now holds 640,585 SOL coins, which are valued at about $98 million.
Bitcoin has surged past the $110,000 mark ahead of the 4th of July holiday, signaling potential market fireworks despite lingering bearish sentiment. Ethereum and other top cryptocurrencies remain in consolidation
Traders are gearing up for potential 4th of July fireworks as Bitcoin pops past $110,000 ahead of the holiday—though bearish vibes linger.
Cardano price rose for the second consecutive day on Thursday, July 3, as most cryptocurrencies rebounded. Cardano ( ADA ) jumped to a high of $0.60, gaining over 17% from its June lows and reaching its highest level since June 18. The move pushed Cardano’s market capitalization above $21 billion. The rally followed a key development from Fluid Tokens, which conducted the first on-chain transaction proving the Bitcoin ( BTC ) state on Cardano. In their announcement, the developers noted that this marked the beginning of a Cardano–Bitcoin bridge. Charles Hoskinson and the Cardano team have long been working on incorporating Bitcoin into the Cardano blockchain, a move they believe could eventually enable trillions of dollars in value to flow through the network. Time to get bullish again: The 1st onchain transaction proving the Bitcoin state just settled on Cardano. This marks the beginning of the Cardano ↔ Bitcoin bridge, built by FluidTokens and @zkFold . Strong narratives are amazing, onchain proof is so much better 👇 pic.twitter.com/n6Gq4zSmQb — FluidTokens (@FluidTokens) July 2, 2025 In line with this goal, Lace, a wallet product built by the Cardano team, completed its first Bitcoin deposit and rolled out a new feature to simplify fee estimation. First successful BTC deposit on LACE Wallet. Cardano is the Future pic.twitter.com/vvYWXHqSat — BounaDein (@BounaDein) July 2, 2025 One potential benefit of integrating Bitcoin is that it would allow BTC holders to generate yield safely within the Cardano ecosystem. However, critics argue that this capability already exists on other platforms, such as Solv Protocol and Babylon. Despite the bullish narrative, Cardano still faces considerable challenges. It is frequently labeled a “ghost chain” due to its relatively inactive ecosystem. For example, its DeFi total value locked stands at less than $318 million, and its stablecoin supply has hovered around $31 million for months. These metrics suggest that Cardano is being outpaced by newer networks like Unichain and Sui. Cardano price technical analysis ADA price chart | Source: crypto.news The daily chart shows that Cardano price dropped and bottomed at $0.519 in June this year. This was a notable level since it coincided with its lowest point in April. The coin has formed a rounded top with an upper boundary at $0.863. More recently, ADA has developed a horizontal channel. Together, this price action suggests the formation of an inverse cup-and-handle pattern, with a depth of approximately $0.344. Currently, Cardano remains below its 50-day and 100-day moving averages, signaling continued bearish control. As such, a bearish breakout appears more likely in the near term. If the breakdown occurs, the initial target will be $0.519, the lower edge of the cup pattern. A move below that level could open the door to further declines toward $0.50 and below.
According to Arthur Hayes, the former BitMEX CEO, banks in the United States are sitting on the key to $6.8 trillion in T-bill demand, and it all comes down to one thing: stablecoins. In a long, explicit essay, Arthur said the new US Treasury Secretary, Scott Bessent—who he mockingly refers to as “The Big Scott C*ck” or The BBC—plans to plug Treasury funding gaps by turning too-big-to-fail banks into stablecoin machines. These banks will launch their own blockchain-powered dollars, soak up user deposits, and cycle that money into Treasuries. Scott’s mission, like Janet Yellen’s before him, is to borrow trillions each year without causing a spike in yields. “Their bosses like to spend money without raising taxes,” Arthur wrote. “It then falls to the Treasury Secretary to fund the government via borrowing at an affordable rate.” But the old tricks don’t work anymore. Quantitative easing is off the table. The Fed won’t cut rates. So Scott needs new buyers for a mountain of debt, and stablecoin-fed banks are now his Plan A. Stablecoins let banks turn deposits into Treasuries Arthur claims the eight largest US banks have about $6.8 trillion sitting in deposits. Right now, those deposits mostly do nothing. But with stablecoins, those funds can be transformed into zero-duration Treasury buyers. “By issuing a stablecoin,” he wrote, “TBTF banks will unlock up to $6.8 trillion of T-bill purchasing power.” Banks like JPMorgan will launch coins like JPMD , run them on public blockchains like Base, and pull customers into the system with perks like cashback and 24/7 access. These blockchain-based deposits are not actually about convenience for these guys, they’re about control. Regular deposits move slow, require clunky systems, and are tied to outdated tech. Stablecoins let banks cut costs, fire compliance staff, and run everything through AI. “Jamie Dimon came in his pants when he learned about how stablecoins actually work,” Arthur humorously jabbed. With every transaction visible on-chain, compliance becomes code, and Arthur estimates this switch could save banks $20 billion a year. JPMorgan already has the infrastructure. Once customers move their deposits into stablecoins, JPMorgan can buy Treasuries with the new assets. The Fed recently lowered capital requirements for Treasury holdings, freeing up an estimated $5.5 trillion in balance sheet capacity. Don’t expect Circle or any other non-bank to compete, Arthur said. The Genius Act, which received bipartisan support, bars tech firms like Meta from launching their own stablecoins and bans stablecoin issuers from offering yield to customers. This means FinTechs can’t compete on interest. They can’t tap into the $6.8 trillion worth of deposits sitting inside TBTF banks. And they don’t get the same government guarantees on liabilities. Arthur pointed out, “Even successful issuers like Circle will never be able to tap into the $6.8 trillion worth of TBTF regular deposits up for grabs.” Arthur also said that if banks successfully convert deposits to stablecoins, the added net interest margin could send bank stocks flying. He calculated a potential market cap boost of $3.91 trillion, or a 184% increase, across the eight largest banks. “If there is a non-consensus trade out there an investor can execute in SIZE,” he added, “it is going long an equally weighted basket of the TBTF banks based on this stablecoin thesis.” Killing interest on reserves frees another $3.3 trillion Arthur believes Scott can go further. The Fed currently pays banks interest on reserves (IORB), which keeps $3.3 trillion of capital locked away doing nothing. If Congress ends that policy, Arthur says banks will shift that cash into Treasuries too. “Why should the Fed print money and prevent the banks from supporting the empire?” he asked. He quoted Senator Ted Cruz, who has been pushing legislation to kill the IORB payments: “That would force banks to replace that lost interest income by converting reserves into treasuries.” Taken together, stablecoins and killing IORB unlock $10.1 trillion in T-bill demand. That dwarfs Yellen’s $2.5 trillion cash injection in 2022, which helped suppress the 10-year yield below 5%. Arthur called this Yellen’s Activist Treasury Issuance, or ATI. Now, Scott’s version will use a “liquidity bazooka” to buy time and fund debt without triggering a market crisis. The Fed’s Reverse Repo Program is nearly empty. The money has to come from somewhere. So, Scott is turning to banks. Arthur doesn’t see this as good news for crypto freedom. He calls it “debt monetization dressed in Ethereum drag.” And he warns that anyone waiting for the Fed to announce new QE or rate cuts is delusional. “Some of you are still waiting for monetary Godot,” he wrote. “It ain’t happening.” If a major war or bank collapse doesn’t come first, Powell will stay quiet, and the Treasury will handle liquidity. The essay ends with Arthur telling investors to stop betting on Circle and start buying Bitcoin and TBTF banks. “The stablecoin Trojan horse is already inside the fortress,” he wrote. “And when it opens, it’s not armed with libertarian dreams, it’s loaded with T-bill buying liquidity aimed at keeping equities inflated, deficits funded, and Boomers sedated.” KEY Difference Wire helps crypto brands break through and dominate headlines fast
Dogwifhat price rose for the second consecutive day as Bitcoin and most Solana meme coins jumped. Dogwifhat ( WIF ) token rose to around $0.92 on July 3, up by 43% from its lowest level this week. Other top Solana ( SOL ) meme coins like Bonk, Fartcoin, and Pudgy Penguins have also rebounded. WIF may have further upside, as on-chain data points to increased whale accumulation. According to data compiled by Nansen, Dogwifhat whales now hold 39 million tokens, up from 38.4 million last month, their highest level since June 28. This suggests that larger holders expect the rally to continue. You might also like: Pepe Coin price eyes 70% surge as whale accumulation rises Additional data reveals that the top 100 addresses have also increased their positions in recent weeks. They now hold over 771 million WIF tokens, compared to 746 million in June. Dogwifhat top 100 addresses | Source: Nansen Holders are also moving WIF off exchanges, typically a sign of long-term conviction. Exchange balances have dropped by 2% over the past 30 days, now sitting at 581 million tokens. Furthermore, Dogwifhat’s price will likely participate in the crypto bull run that may occur in the second half of the year. The potential catalysts for this rally include the Federal Reserve’s interest rate cuts , increased institutional demand, and the Securities and Exchange Commission’s approval of spot exchange-traded funds. WIF price has bullish technicals Dogwifhat price | Source: crypto.news The daily chart indicates further upside may be likely. WIF has broken above its 50-day Exponential Moving Average, signaling growing bullish momentum. The token has also completed a breakout from a falling wedge, a bullish reversal pattern marked by two descending, converging trendlines. Price has decisively moved above the wedge’s upper boundary. In addition, Dogwifhat is forming a classic cup-and-handle pattern, with the cup’s upper edge at $1.34 and the base near $0.3185. The cup has a depth of approximately 76.26%, and the falling wedge comprises the handle portion of the formation. Measuring the projected breakout target from the pattern’s depth places the next major resistance at $2.37, roughly 155% above current levels. A bullish confirmation would occur if WIF breaks above the cup’s rim at $1.3473. You might also like: Here’s why Bitcoin and other cryptos are up today
PENGU token experiences a remarkable 65% surge within a week, driven by a strategic ETF filing and heightened market enthusiasm. Technical indicators reveal strong bullish momentum, with critical resistance levels
‘PROSHARES TR ULTRA XRP ETF’ ADDED TO DTCC WEBSITE WITH TICKER UXRP $XRP #XRP
‘PROSHARES TR ULTRA SOLANA ETF’ ADDED TO DTCC WEBSITE WITH TICKER SLON $SOL #Solana
As the crypto market enters the second half of 2025, traders and analysts alike are watching to see how narrative-driven memecoins and fundamentally strong altcoins will shape potential gains in the final quarter of the year. Among the projects standing out are MAGACOIN FINANCE, Avalanche, and Ethereum, each capturing unique investor interest for very different reasons. MAGACOIN FINANCE: A Meme-Powered Altcoin with Political Punch MAGACOIN FINANCE has quickly emerged as one of the most watched meme-powered altcoins in 2025. Unlike many meme tokens that rely solely on social hype, MAGACOIN FINANCE brands itself as both a decentralised political memecoin and a hybrid altcoin, combining ideological appeal with a clear community-first structure. Built around themes of anti-centralisation and cultural resonance, MAGACOIN FINANCE uses a zero-tax model to attract traders seeking more than short-lived pumps. It’s a fully audited smart contract by Hashex, and its policy of no venture capital control has positioned it as one of the more transparent meme projects to launch this cycle. The token’s growing community, now boasting tens of thousands of engaged members, adds to its momentum. Early supporters highlight the project’s potential for sustained traction as the broader market seeks fresh narratives beyond the usual suspects, such as Dogecoin and Shiba Inu. Rumours of future exchange listings and increased wallet activity hint that MAGACOIN FINANCE could remain a key meme-driven player through Q4 2025 and beyond. Avalanche: Altcoin Fundamentals Stay Strong Memecoins rely on culture and virality, but Avalanche has emerged as a popular choice for traders seeking speed, scalability, and real-world applications. AVAX was trading at $18 when it experienced a price correction on June 30 2025. Many supporters think that the current AVAX price is a good entry point. Avalanche has the processing power of approximately 6,500 transactions per second due to its architecture, comprising the X-Chain, C-Chain, and P-Chain. In both the DeFi space and the gaming sphere, this makes it a worthy competitor of Ethereum. Using technical analysis, AVAX is projected to trade at $20 at the end of 2025. In the longer term, the price may range between $30 to $35 in the first half of Q3. Moreover, it may peak at $50 by the end of the year in a bullish case. Avalanche’s 9000 mainnet upgrade, coupled with partnerships from financial players such as Mastercard, is progressively reassuring ecosystem use cases and investor confidence. Avalanche’s solid fundamentals and continuously growing development ecosystem align with the profile of a typical altcoin that traders prefer. It has institutional adoption and looks to be solid. This asset appears to be well-suited for Q4 2025 and makes sense for those seeking to balance meme plays with prudent layer-1 investments. Ethereum: The Settlement Layer Holds Steady Ethereum cannot be overlooked if you’re looking to grow in Q4. Ethereum is often referred to as the ‘settlement layer of everything’ as it diversifies from DeFi and NFT roots. The Pectra upgrade in May 2025 enabled users to utilise smart accounts and pay fees with multi-tokens. This certainly improved the Pectra’s experience and competitiveness against faster Layer-1 platforms such as Solana and Sui. Institutional activity remains a significant catalyst. To bolster their value proposition, businesses are increasingly tokenising real-world assets on Ethereum. Predictions for the cost of ETH suggest that if the price can breach the $3,000 resistance by the end of the quarter, it may have significant upside potential. If the uptrend persists, midterm targets could reach $3,500 to $4,000. Ethereum boasts the largest developer network and a rapidly growing Layer 2 ecosystem, thanks to applications like Arbitrum and Optimism, which will make this top blockchain protocol the backbone of DeFi and AI. The Bigger Picture: Mixing Narratives and Fundamentals In Q4 2025, while Ethereum and Avalanche follow traditional cycles, MAGACOIN FINANCE is capturing attention through cultural relevance and community-driven momentum . It appeals to investors seeking more than fundamentals — those drawn to virality, ideology, and early-stage upside. As legacy altcoins stall, MAGACOIN FINANCE is quickly emerging as a standout narrative for the next wave of crypto growth . To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: ⚖️ Memecoins vs Altcoins: MAGACOIN FINANCE and Avalanche Join Ethereum for Q4 2025 Growth Spotlight