Solana, Monad, and Fireblocks Join Forces to Launch Blockchain Payments Alliance
Formation of the Blockchain Payments Consortium: Major blockchain projects like Solana, Fireblocks, and MATIC have established the Blockchain Payments Consortium to standardize cross-chain payments and enhance stablecoin transaction frameworks across networks.
Focus on Stablecoin Settlement: The consortium aims to bridge traditional payment systems with blockchain networks, addressing the fragmented landscape of stablecoin transactions and promoting mainstream adoption in the digital asset space.
Institutional Infrastructure Development: The formation of the consortium signals a commitment to developing institutional infrastructure for cross-chain payments, with member organizations representing diverse blockchain architectures to ensure compatibility.
Regulatory and Technological Advancements: Recent regulatory clarity in the U.S. and initiatives by companies like Coinbase and Citi to develop fiat-to-on-chain systems are accelerating the adoption of blockchain technology for settlement operations.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR) As of , Major (MAJOR) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MAJOR 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 stock.
Support, Resistance & Moving Averages From a structural perspective, MAJOR 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 $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.061 | 0.0687 | 0.0775 | 0.0852 | 0.0941 | 0.102 | 0.111 |
| Fibonacci | 0.0687 | 0.075 | 0.0789 | 0.0852 | 0.0915 | 0.0954 | 0.102 |
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