The Solana price action shows SOL trading below the 20, 50, 100, and 200 exponential moving averages, signaling near-term bearish momentum. It is hovering near the $127 support zone, with immediate resistance around $131 and $134. A hold above support could spark a brief rebound, but reclaiming higher levels remains challenging, and a rejection could target $124 with a deeper move toward the $121.7 area. Derivatives data reinforce caution, with futures open interest around $7 billion, indicating deleveraging rather than fresh buying interest.
The Binance Coin price is in the $870 to $880 range after a pullback, within a well-defined support zone as traders await direction. Price action is in a narrow band, reflecting consolidation rather than a strong trend; short-term momentum remains soft, with several exponential moving averages still sloping lower and RSI holding near the mid-40s. While price is paused, fundamentals on the BNB Chain are strengthening, with rising transaction counts, active addresses, and DeFi usage, alongside growing stablecoin liquidity. A break above $920 or below $850 would likely determine the next move.
Zero Knowledge Proof is increasingly discussed as the next big crypto, with attention turning to how its presale auction is structured to ensure fairness rather than pure speculation. The live presale features an anti-whale rule capping daily purchases at $50,000 per wallet, promoting broader distribution and creating urgency as demand grows. Each day resets with a fresh 200 million token allocation, and pricing adjusts with demand, meaning missed sessions cannot be reclaimed later. Buyers are entering early, and interest extends beyond tokens to Proof Pods—physical devices that perform verifiable compute and earn ZKP through real workloads; the first Proof Pod has been delivered to Australia, underscoring deployment progress.
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