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What to Know:
- Solana’s rejection at the $84 mid-band signals potential exhaustion and a risk of leverage unwinds in the short term.
- Capital is rotating from stagnant major cap altcoins into the high-growth Bitcoin Layer 2 narrative.
- Bitcoin Hyper combines Solana’s speed with Bitcoin’s security, raising over $31.3M as whales accumulate early positions.
- The integration of the Solana Virtual Machine (SVM) on Bitcoin creates a new paradigm for high-speed DeFi and gaming.
Solana (SOL) is facing a…