Prezzo di HairyPotheadTrempSanic69InuSOLANA

BitMex CEO Arthur Hayes joins an ongoing discussion on the potential of Ethereum (ETH) and Solana (SOL) after the broad crypto market made a surprising move to reach a total valuation of $2.85 trillion. According to him , ETH would likely stage a bullish reversal to hit $5000 while SOL bounces back to $300. At the time of his prediction, ETH was strongly holding its position above the $2k level after declining by 0.6% in the last 24 hours. However, weekly investors still had an 8% profit, while those who acquired the asset 30 days ago lost 26% of their investment. Meanwhile, SOL has printed 2.4% and 13% gains on its 24-hour and seven-day price chart, respectively. At press time, the asset was trading at $143, and its 24-hour trading volume was also up by 11%. Subjecting ETH to a technical analysis, an analyst called MAXPAIN disclosed that the asset could decline by nearly 9% from the current level to revisit a crucial support level. Using the Time Price Opportunity chart, the analyst observed that the asset could decline to the range of $1,874 to $1,924. Meanwhile, this bias is supported by the divergence in the Ethereum Price Daily Active Addresses (DAA). According to data, the DAA has dropped to 35.87%. Our analysts believe that this is an indication of a drop in transactions involving ETH. Meanwhile, ETH supply on centralized exchanges has also declined by 16.4% in just seven days, showing rising confidence among long-term holders, as reviewed in our recent publication. Currently, the major resistance levels are found to be between the $2,213 and $2,584 range. IntoTheBlock data shows that 21,460 addresses purchased 65 million coins within this range. Technically, ETH is also trading within a falling channel and is yet to break above the upper trendline of the bearish pattern. Aligning to this bullish formation, Coinglass data shows that ETH’s open interest has surged by 2.5% to $20.42 billion. As featured in our recent coverage, open interest in options contracts also saw a marginal surge to $5.82 billion. For SOL, analyst Ali Martinez has spotted the formation of a textbook cup-and-handle pattern on its price chart, indicating a potential breakout. According to him, a successful surge could see the asset reclaiming most of its lost value and if possible, reach a new all-time-high. Per an accompanying chart, SOL could hit $3,800, marking a staggering 2,900%. Earlier, an analyst identified as Satoshi Flipper also disclosed that Solana is forming a symmetrical triangle pattern on its 4-hour chart. Technically, this is characterized by the movement of the SOL price within two converging trendlines. According to analysts, this shows indecisiveness but a potential breakout. Amidst the backdrop of this, Solana has surpassed 11.09 million active accounts, underscoring the rising adoption and trust in the ecosystem. As mentioned in our previous news brief, this is expected to drive the price to $200 in the short term.

Polymarket, a leading Ethereum-based prediction market platform, has announced its integration with Solana (SOL), the sixth-largest cryptocurrency with a market capitalization of $71.38 billion. The company shared the news on X , revealing that users can now deposit funds using SOL. This move marks a significant expansion from Polymarket’s previous reliance solely on the USDC stablecoin for transactions. Polymarket is renowned for its real-money prediction markets, allowing users to wager on a variety of topics, including political events, cryptocurrency price movements, and unconventional bets, such as whether Jesus Christ will return in 2025. Prediction markets often struggle with high transaction costs, especially on blockchains like Ethereum. By integrating with Solana, Polymarket significantly reduces fees, making the platform more accessible. With Solana’s ability to process 65,000 transactions per second (TPS) at a fraction of traditional costs, users can participate in prediction markets without prohibitive expenses. Blockchain-based betting platforms have been experiencing rapid growth, with the industry forecasted to reach $133.59 billion by 2029. Polymarket itself has seen a surge in popularity, reaching 450,000 monthly active users in early 2025 and generating over $11.4 billion in trading volumes in the past year. According to research by data scientist Alex McCullough using Dune Analytics, Polymarket has demonstrated a 90% success rate in forecasting event results. Some of the hottest bets currently on Polymarket include the political futures of global leaders, the outcome of Canada’s upcoming election, and various cryptocurrency market trends and price movements. The decision to integrate Solana comes at a time when optimism is growing around the potential approval of Solana-based Exchange-Traded Funds (ETFs). As highlighted by CNF , Polymarket’s odds for SEC approval of a spot Solana ETF by the end of 2025 have skyrocketed, climbing from 45% to 85% in a matter of days. This optimism is further supported by major asset managers, including Grayscale , VanEck, and Bitwise, which have filed for Solana ETFs. Industry analysts speculate that if a spot ETF gets approved, Solana’s price could potentially break the $200 mark. Institutional interest in Solana has intensified with the introduction of two pioneering futures-based ETFs by Volatility Shares. Launched on March 20, these ETFs provide investors with novel avenues to gain exposure to Solana’s market dynamics. Volatility Shares Solana ETF (SOLZ) is designed to track Solana futures, while Volatility Shares 2X Solana ETF (SOLT) is created for those seeking amplified exposure, SOLT provides leveraged returns, aiming for twice the daily performance of Solana futures. This leveraged approach comes with a higher expense ratio of 1.85%. Polymarket’s announcement fueled a 6% surge in Solana’s price, with the token climbing 11% over the past week to reach $139. Additionally, Solana’s trading volume has spiked 26.7% to $3.5 billion, reflecting increased investor confidence in the asset.

ICYMI: @BlackRock's BUIDL fund is now live on @solana, with an AUM of ~$20 million and counting.

🔥 Paris Blockchain Week: The Web3 Event of the Year? 🔥 With over 1,000 projects, Paris Blockchain Week is shaping up to be one of 2025’s biggest crypto gatherings! 🚀 Of these, 61.5% are startups, and here’s where they’re coming from: - #Ethereum – 15.1% - #Solana – 10.7% - #Polygon – 9.8% - #Base – 7.4% - #Arbitrum – 6.1% - #BNBChain – 5.1%

Ethereum (ETH) might be heading into a period of higher volatility starting in April, according to Nick Forster, founder of Derive. Despite the current quiet market, Forster believes Ethereum’s low implied volatility, currently at monthly lows, is a key indicator that price swings could soon increase. Forster pointed out that the market’s expectation of future price moves for Ethereum is low right now. The 7-day implied volatility is at 59%, and the 30-day is at 45%, both showing a dip. Historically, these low levels haven’t lasted long, suggesting volatility could pick up. The low volatility comes with a weak short-term outlook, as Ethereum’s forward rate has dropped below the U.S. Treasury’s 5% yield. This suggests some lack of confidence in Ethereum’s near-term performance. However, Forster noted that these conditions often precede price movements. Derive’s analysis also shows a 30% chance Ethereum could fall below $1,800 by the end of May, and a 19% chance it could jump above $2,500. Related: Arthur Hayes’ Hot Take: Ethereum to $5,000 Before Solana Even Nears $300 Adding a bullish view, crypto analyst ZAYK Charts sees upward momentum for Ethereum. His analysis shows Ethereum bouncing from its lower trendline and approaching key resistance at $2,500, with potential targets between $2,900 and $3,100. ZAYK Charts’ technical chart indicates Ethereum has broken out of a descending triangle pattern, often a sign of strong price movements after a period of consolidation. Arthur Hayes, co-founder of BitMEX, made a bold call , saying Ethereum is likely to hit $5,000 before Solana reaches $300. This forecast adds to the growing positive sentiment around Ethereum’s price potential. Related: Ethereum’s Price is Up, But This Analyst Still Sees Trouble Ahead Ethereum is currently trading around $2,070, showing a slight increase of 0.35% over the last 24 hours. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.