Coinbase Launches New Digital Credit Strategy CUSHY
- Credit Strategy Innovation: Coinbase Asset Management has launched CUSHY, which utilizes a tokenized share class mechanism to bring traditional credit risk onto public blockchains, aiming to provide structured private credit for both digital-native and traditional borrowers, thus driving the digital transformation of financial markets.
- Market Trading Support: Built on Superstate's FundOS operating system, CUSHY supports 24/7 trading across networks like Solana and Base, streamlining the tokenization of real-world assets and enhancing capital formation efficiency for asset managers.
- Stablecoin Credit Strategy: Coinbase's partnership with Apollo aims to bring stablecoin credit strategies to market, combining Apollo's private credit origination capabilities with Coinbase's tokenization technology, thereby driving institutional demand for compliant, yield-bearing digital instruments on-chain.
- Significant Market Potential: Industry research indicates that the tokenized private credit market is projected to reach approximately $9.68 billion by 2025, growing 930%, highlighting the emergence of on-chain credit systems as transparent and efficient alternatives to traditional bank lending, showcasing vast market opportunities.
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Technical Analysis for SOL
Technical Sentiment Analysis for Solana (SOL). As of , Solana (SOL) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 5 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SOL stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, SOL is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Solana (SOL) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 73.463 | 77.431 | 81.383 | 85.351 | 89.303 | 93.271 | 97.223 |
| Fibonacci | 77.431 | 80.457 | 82.326 | 85.351 | 88.377 | 90.246 | 93.271 |
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