Solana Surpasses Other Blockchains in RWA Wallets
- Leading Wallet Count: As of June 18, Solana boasts 285,971 RWA wallets, representing 31% of the global total of 924,469 holders, indicating strong investor interest and suggesting a potential market dominance in the coming months.
- Remarkable Growth Rate: Solana's RWA holder base surged by 29.3% in the last 30 days, adding nearly 85,000 holders since breaching the 200,000 mark in late April, highlighting its increasing appeal in the rapidly expanding tokenized asset market.
- Significant Transfer Volume Increase: During the same period, Solana recorded $5.5 billion in RWA transfer volume, up 66.94% month-over-month, indicating that its assets are not only growing but are also actively traded, enhancing its attractiveness as a trading platform.
- Stablecoin Ecosystem Support: With a market capitalization of $15.6 billion, Solana's stablecoin ecosystem is attracting major financial institutions like Western Union, which is using it as a settlement layer for global payments, further solidifying its competitive edge in the asset tokenization space.
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Technical Analysis for ETH
Technical Sentiment Analysis for Ethereum (ETH). As of , Ethereum (ETH) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ETH 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, ETH 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 $-.
Ethereum (ETH) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1449.678 | 1552.289 | 1644.318 | 1746.929 | 1838.958 | 1941.569 | 2033.598 |
| Fibonacci | 1552.289 | 1626.641 | 1672.577 | 1746.929 | 1821.281 | 1867.217 | 1941.569 |
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