hodler

28 Apr 2026, 10:51

Goldman Sachs Just Pushed Its Rate Cut Forecast to September: Is Solana’s $90 Breakout on Hold?

Solana price is holding its ground, barely. SOLUSD trades near $84, up roughly 1.8% over the last 24 hours after oscillating between $82.70 and $85.67. Yet the real test isn’t today’s modest rebound. It’s whether bulls can withstand the upcoming FOMC decision and deliver a second consecutive positive April close. The setup looks more fragile than the price action suggests.On-chain signals paint a mixed picture. DEX volumes have stabilized following a sharp contraction earlier this year, but momentum remains tepid. Goldman Sachs just upgraded their oil forecast. Published yesterday. Most people haven’t read it yet. Here’s what they’re actually saying. pic.twitter.com/KxhiZRDEAd — Qasem Al-Ali (@AlaliQasem) April 27, 2026 The RSI sits at a neutral 49.7, neither oversold nor displaying conviction. Goldman Sachs has pushed its expectations for the next Fed rate cut into September 2026, prolonging the macro headwinds that have pressured risk assets since March. Last year, April closed up about +1.18%, with institutional demand quietly absorbing selling pressure. The question now is whether that same support can endure a potential seventh month of muted or negative ETF flows, and what that means for SOL heading into May. Solana (SOL) 24h 7d 30d 1y All time Can Solana Price Break $90 Before the FOMC Decision? SOL is holding just above its short-term support, and that is a small but important positive, because staying above the 20-day average usually means buyers are still defending. Right now, it is not trending, though; it is compressing. SOL USD price is sitting in the mid-range between $76 and $91, and the MACD is tightening, suggesting a bigger move is coming soon. Source: SOLUSD / Tradingview $85.8 and $87.2 are the breakout triggers. If SOL clears those with momentum, it can quickly push into the $90–$95 zone and potentially extend higher. Below, $80 is the line that matters for Solana price structure. As long as it holds, the structure is intact. If it breaks, downside opens toward the mid-$70s. What stands out is volume. Selling pressure has been fading, not intensifying, which weakens the bearish case and hints that this could reverse upward if a catalyst emerges. Most likely, it keeps ranging between $83 and $90 until the FOMC decision forces a move. Maxi Doge Could Lead the Next Memecoins Season SOL’s range is clear, and so is the limitation. Even a strong move from $84 to $95 is around 13%, which is solid but still capped for a large-cap asset, especially with macro uncertainty holding flows back. That is why some traders start looking further down the risk curve, where the upside is not already priced in. Maxi Doge is getting attention in that space. It leans fully into the meme and leverage-trader narrative, but it is also building engagement mechanics around it. The presale is sitting around $0.0002815 with roughly $4.75M raised, and getting close to the $5M mark, which often brings more visibility and momentum. The setup is designed to keep activity high, with staking, trading competitions, and a treasury aimed at supporting liquidity and growth, all wrapped in aggressive, viral branding that fits the current cycle. But it is still a presale, and that comes with real risk. Liquidity is not guaranteed, execution matters, and outcomes depend heavily on how the market responds after launch. So the trade-off is simple, SOL offers stability with limited upside, while something like Maxi Doge offers earlier positioning with higher potential, but also higher uncertainty. VISIT Maxi Doge HERE The post Goldman Sachs Just Pushed Its Rate Cut Forecast to September: Is Solana’s $90 Breakout on Hold? appeared first on Cryptonews .

28 Apr 2026, 10:51

XRP price faces 16 percent upside despite rising sell pressure

🚀 XRP eyes 16 percent upside amid surging sell pressure. Technical signals show a possible breakout towards $1.77 in $XRP. Continue Reading: XRP price faces 16 percent upside despite rising sell pressure The post XRP price faces 16 percent upside despite rising sell pressure appeared first on COINTURK NEWS .

28 Apr 2026, 10:47

Terra Classic (LUNC) price prediction after rallying over 63% this week

Terra Luna Classic ( LUNC ), which was rebranded from Terra (LUNA) after its 2022 crash, may have decoupled from the wider crypto market in the past few weeks through April 28. LUNC price surged more than 63% in the past seven days, trading at about $0.0000703 at press time. As such, LUNC’s market capitalization added over $157 million in the past seven days to hover around $393.26 million at the time of reporting. LUNC/USD 7-day chart. Source: Finbold This small-cap altcoin outperformed the broader crypto market, which was led by Bitcoin ( BTC ), Ethereum ( ETH ), and XRP . Consequently, the token benefited heavily from speculative rotation from other crypto assets, which signaled near-term bearish sentiment. Why is LUNC price up? The main reason why LUNC price rallied over the past week was due to its increased Open Interest (OI), the total number of outstanding derivative contracts. The token’s OI on all cryptocurrency exchanges spiked to roughly $37.85 million at the time of publication, according to metrics from CoinGlass . LUNC OI on major crypto exchanges. Source: CoinGlass Additionally, the token recorded higher speculation as Binance prepares to burn more LUNC later this week. Notably, Binance burns tokens’ supply on a monthly basis from the fees collected from the token’s trading volume. Terra Classic price prediction Amid LUNC’s significant growth over the past few weeks, Finbold AI Agent , an advanced financial assistant leveraging several AI models, predicted further gains in the coming weeks. The Finbold AI Agent predicted that altcoin’s price could surge 14% to hit $0.00008046 on June 1, 2026. LUNC price prediction for June 1. Source: Finbold The projected near-term uptrend for this token could be invalidated if derivative traders accelerate their profit-taking. In such a scenario, a 17.82% drop by June 1, as predicted by Claude Opus 4.6, may materialize. The post Terra Classic (LUNC) price prediction after rallying over 63% this week appeared first on Finbold .

28 Apr 2026, 10:44

Solana Surpasses Ethereum with 637M Weekly Transactions

Solana processed around 637 million transactions last week per Chainspect data, dwarfing Ethereum’s 15 million on L1, thanks to sub-cent fees and memecoin frenzy. High-velocity trading in assets like PUNCH and WIF drives Solana’s dominance, with SOL near $84 and a $48B market cap positioning it as the retail settlement king. ETH’s low L1 count masks massive L2 activity on Base and Arbitrum post-Dencun; it focuses on high-value DeFi settlement with strong ETF inflows. Ethereum has been the most favored blockchain in terms of transactions since its inception, taking the crown of the most used Layer 1 chain. According to the latest data from Chainspect, there is a massive disparity in network activity for the last seven days, where Solana has dominated Ethereum by recording a vastly high number of transactions. SOL vs ETH Weekly Transaction The sub-cent transaction costs and a vast retail ecosystem are some reasons that allowed Solana to process a staggering 637 million transactions over the last week. In comparison, Ethereum recorded just 15 million transactions during the same time period. Interestingly, the community is split on whether the levels of activity recorded are the new standard for the Layer 1s in the future. Solana Shines With Velocity The credit for Solana’s mind-blowing transaction count is the sustained “agent economy” and the 2026 memecoin frenzy. Projects like PUNCH and WIF have evolved beyond mere jokes into high-frequency trading assets, with SOL’s hybrid Proof-of-History (PoH) mechanism allowing the network to handle thousands of transactions per second. This low-barrier entry has turned Solana into the “primary settlement layer” for retail speculators who are deterred by even the reduced gas fees on other chains. With a market capitalization holding steady at approximately $48 billion and SOL trading near the $83.85 mark, the network is effectively prioritizing horizontal scaling. The ability to process hundreds of millions of weekly transactions without significant congestion despite concerns over validator centralization has made it the undisputed home for high-frequency trading, gaming, and real-time payment applications. For many, the 637 million figure is a testament to SOL’s goal of becoming the “Nasdaq of Blockchains.” Ethereum Suffers Layer 2 Migration Effect ETH’s 15 million weekly transactions might look like a network in decline, but the reality is more nuanced. Following the 2024 Dencun upgrade and the 2026 “Biannual Upgrade” cycle, Ethereum has successfully transitioned into a Layer 2-centric architecture. High-velocity retail traffic has largely migrated to rollups such as Base, Arbitrum, and Optimism, where “blob-based” data availability has slashed costs by 90%. ETH Layer 1 has evolved into the “backbone” of decentralized finance with a high-security, high-value settlement layer rather than a high-volume playground. While its transaction count is low, the Total Value Locked (TVL) and institutional trust remain concentrated on the mainnet. With $1.2 billion in weekly ETF inflows recorded earlier this month, ETH is prioritizing its role as a premium institutional reserve asset over raw transaction numbers. Future Outlook for SOL & ETH Taking SOL into focus, the high transaction volume generates consistent fee revenue, though the low cost per transaction means the network relies on sheer scale to maintain its economic floor. In the case of Ethereum, the migration to L2s has significantly reduced the ETH burn rate on the mainnet, leading to a “value capture” challenge. As L1 fees stay low (currently between $0.18 and $0.50), the deflationary pressure that once drove ETH price action has softened. If the Solana network can maintain its 500M+ weekly transaction pace while continuing to attract institutional stablecoin settlements, the “utility floor” for SOL will likely rise. A breakout above the current structural resistance could see the asset testing the $120 milestone as the retail-led activity begins to translate into massive fee-based demand. For ETH, the focus is not on the 15 million L1 transactions, but on the tens of thousands of transactions per second being achieved across its L2 ecosystem. If the “Biannual Upgrades” continue to lower the cost of L2-to-L1 settlement, the economic activity from the rollups will eventually feed back into the mainnet’s security budget, potentially driving ETH toward the $3,500 region in the second half of the year. Also Read: MARA CEO Unveils MARA Foundation to Boost Bitcoin Security and Access

28 Apr 2026, 10:30

Pound Sterling Trades Lower as Focus Shifts to Crucial Fed-BoE Policy Decisions

BitcoinWorld Pound Sterling Trades Lower as Focus Shifts to Crucial Fed-BoE Policy Decisions The Pound Sterling trades lower against the US Dollar as global currency markets pivot their attention to upcoming monetary policy decisions from the Federal Reserve (Fed) and the Bank of England (BoE). This shift in focus creates significant volatility for the GBP/USD pair, with traders adjusting positions ahead of potentially divergent interest rate paths. The British pound’s decline reflects a broader reassessment of economic fundamentals and central bank communication strategies. Pound Sterling Trades Lower Amid Central Bank Uncertainty On Tuesday, the Pound Sterling trades lower by approximately 0.3% against the greenback, hovering near the 1.2650 level. This movement comes as market participants digest mixed economic data from both the UK and the US. The British currency faces headwinds from a weakening domestic outlook, while the dollar gains support from expectations of a more hawkish Fed stance. Investors now await the Federal Reserve’s interest rate decision scheduled for next week. The central bank is widely expected to hold rates steady, but any hawkish commentary could further strengthen the dollar. Conversely, the BoE faces a more complex decision, balancing persistent inflation against slowing growth. This divergence in policy expectations directly influences why the Pound Sterling trades lower . Fed-BoE Policy Divergence Drives GBP/USD Volatility The core driver behind the current market dynamic is the potential for a policy divergence between the Fed and the BoE. The Federal Reserve has signaled a cautious approach, with recent comments from Chair Jerome Powell emphasizing the need for more evidence that inflation is sustainably moving toward the 2% target. This rhetoric keeps the door open for future rate hikes, supporting the dollar. In contrast, the Bank of England faces a stagflationary environment. UK GDP growth remains sluggish, while inflation, though declining, stays above the BoE’s target. Markets now price in a higher probability of a rate cut from the BoE in the first half of 2025. This expectation puts downward pressure on the pound, explaining why the Pound Sterling trades lower . Key Economic Indicators to Watch UK CPI Data: Due next week, this will heavily influence BoE policy. A lower reading could increase rate cut bets. US Non-Farm Payrolls: A strong jobs report would reinforce the Fed’s hawkish stance, boosting the dollar further. BoE Governor Speech: Andrew Bailey’s upcoming testimony will provide crucial forward guidance on monetary policy. Market Reaction and Technical Analysis From a technical perspective, the GBP/USD pair broke below its 50-day moving average earlier this week. This signals a bearish shift in short-term momentum. The next key support level sits at 1.2580, a level tested multiple times in November. If the Pound Sterling trades lower and breaches this support, the pair could target the 1.2450 area. Resistance now forms at 1.2720, where the 100-day moving average converges with a previous swing high. A recovery above this level would negate the immediate bearish outlook. However, the prevailing sentiment suggests further downside risk remains. Impact on UK Importers and Exporters The weakening pound has a dual impact on the UK economy. For exporters, a lower sterling makes British goods cheaper abroad, potentially boosting trade volumes. However, for importers, it increases the cost of raw materials and finished goods, contributing to input price inflation. This dynamic complicates the BoE’s policy decision, as a weaker currency can reignite inflationary pressures. Expert Analysis and Forward Guidance Analysts at major financial institutions have revised their GBP forecasts lower. A recent note from a leading investment bank suggests that the Pound Sterling trades lower due to a combination of factors, including a deteriorating fiscal outlook and political uncertainty ahead of the next UK general election. The note emphasizes that the BoE’s communication will be critical in determining the pound’s trajectory. “The market is currently pricing in a 60% chance of a BoE rate cut by March 2025,” said a senior currency strategist. “If the data confirms a slowdown, the pound could test the 1.25 level. Conversely, any hawkish surprise from the BoE would trigger a sharp short-covering rally.” This expert perspective adds depth to the current market narrative. Historical Context and Comparison The current situation mirrors the dynamics seen in late 2023, when the pound also weakened ahead of a policy pivot. During that period, GBP/USD fell from 1.30 to 1.25 over six weeks. A similar pattern is emerging now, though the macroeconomic backdrop differs. UK inflation is lower today, but growth is also weaker, creating a more delicate balancing act for policymakers. Period GBP/USD Range Key Event Q4 2023 1.30 – 1.25 BoE holds rates, signals future cuts Q1 2024 1.28 – 1.24 UK recession fears intensify Current (Jan 2025) 1.27 – 1.26 Fed-BoE policy divergence emerges Broader Implications for Global Markets The movement in GBP/USD also influences other major currency pairs. A weaker pound often drags down the Euro and other European currencies, as traders reassess relative central bank stances. Additionally, emerging market currencies tied to the dollar face renewed pressure. The global financial landscape remains interconnected, and the Pound Sterling trades lower as a leading indicator of broader risk sentiment. Role of Speculative Positioning According to the latest CFTC data, speculative traders have increased their short positions on the pound. This suggests that leveraged funds are betting on further downside. However, such positioning also raises the risk of a sharp reversal if positive news emerges. Traders should monitor position limits and funding costs closely. Conclusion In summary, the Pound Sterling trades lower as markets pivot focus to the critical Fed-BoE policy decisions. The potential for divergent monetary paths creates a challenging environment for the GBP/USD pair. Key support levels are under threat, and upcoming economic data will determine the next major move. Investors should remain vigilant, as the currency market’s reaction to central bank announcements will likely set the tone for the weeks ahead. FAQs Q1: Why is the Pound Sterling trading lower today? The Pound Sterling trades lower due to market anticipation of a more hawkish Federal Reserve and a potentially dovish Bank of England. This policy divergence strengthens the US Dollar and weakens the British Pound. Q2: What is the Fed-BoE policy divergence? It refers to the expected difference in interest rate decisions between the Federal Reserve and the Bank of England. The Fed may maintain higher rates for longer, while the BoE could cut rates sooner to support a slowing economy. Q3: How does this affect UK consumers? A weaker pound increases the cost of imported goods, including food, fuel, and electronics. This can contribute to higher inflation, reducing consumers’ purchasing power in the short term. Q4: What key data should traders watch next? Traders should monitor UK CPI inflation data, US Non-Farm Payrolls, and speeches from Fed Chair Powell and BoE Governor Bailey. These events will provide crucial clues for future policy moves. Q5: Is this a good time to buy or sell GBP? Market sentiment currently favors the US Dollar. However, the pound could rebound if the BoE surprises with a hawkish stance or if US economic data disappoints. Traders should use stop-loss orders and manage risk carefully. This post Pound Sterling Trades Lower as Focus Shifts to Crucial Fed-BoE Policy Decisions first appeared on BitcoinWorld .

28 Apr 2026, 10:25

Pharos Mainnet Launch: PROS Token Powers a Revolutionary RWA Distribution Network

BitcoinWorld Pharos Mainnet Launch: PROS Token Powers a Revolutionary RWA Distribution Network The blockchain world has a new major player. Pharos, a Layer 1 network designed specifically for finance, has officially launched its Pacific Ocean Mainnet. This event also marks the birth of its native token, PROS. The project aims to solve two critical problems: expanding the distribution network for tokenized real-world assets (RWA) and fixing the persistent issue of liquidity fragmentation. This launch moves institutional participation in the RWA ecosystem from a concept to a concrete reality. Pharos Mainnet Launch: A New Era for Tokenized Assets The Pharos mainnet launch represents a significant milestone. It is not just another blockchain going live. The network is purpose-built for financial applications. Its architecture focuses on speed, security, and compliance. These features are essential for handling real-world assets on a blockchain. The team has raised a cumulative $52 million. Investors include traditional financial institutions and major Web3 venture capital firms. This funding shows strong confidence in the project’s vision. Tokenized real-world assets represent a massive market. These assets include real estate, commodities, bonds, and other financial instruments. Putting them on a blockchain can increase transparency, reduce costs, and improve liquidity. However, the sector has faced major hurdles. One key challenge is the fragmentation of liquidity across different platforms. Another is the lack of a robust distribution network. Pharos directly addresses these pain points. The mainnet provides a unified, institutional-grade infrastructure. It connects asset issuers with a global network of buyers and sellers. The Role of the PROS Token The PROS token is the lifeblood of the Pharos ecosystem. It serves multiple functions. First, it acts as the native gas token for transaction fees. Second, it is used for staking and network security. Third, it provides governance rights to holders. This means the community can vote on key protocol upgrades. The token also incentivizes network participants. Liquidity providers, validators, and developers all earn PROS rewards. This creates a self-sustaining economic model. The token launch is a critical step. It aligns the incentives of all ecosystem participants. Solving Liquidity Fragmentation in RWA Markets Liquidity fragmentation is a major barrier to RWA adoption. Currently, different platforms operate in silos. An asset tokenized on one chain cannot easily trade on another. This limits the pool of potential buyers and sellers. It also creates price inefficiencies. Pharos tackles this problem head-on. The network is designed as a hub for RWA liquidity. It aggregates order flow from multiple sources. It also provides cross-chain interoperability. This allows assets to move seamlessly between different blockchain networks. The impact of this solution is significant. For institutional investors, it means access to a deeper, more liquid market. For asset issuers, it means a wider distribution network. The Pharos mainnet provides a single point of access. This reduces operational complexity. It also lowers the cost of doing business. The network’s architecture is built for scale. It can handle high transaction volumes without congestion. This is a critical requirement for institutional use. Institutional Participation: From Theory to Reality Wish Wu, CEO of the Pharos Foundation, emphasized the transformative nature of this launch. He stated that the mainnet launch transforms institutional participation in the RWA ecosystem from a theoretical possibility into a tangible reality. This statement captures the core value proposition of Pharos. Many institutions have been hesitant to enter the RWA space. They cite concerns about infrastructure, compliance, and liquidity. Pharos addresses all three concerns. The network is built with institutional-grade security. It includes built-in compliance features. These features help meet regulatory requirements. The network also provides the liquidity infrastructure needed for large-scale trading. The momentum is expected to energize the entire ecosystem. Other projects in the RWA space may benefit from a more robust infrastructure. Developers can build new applications on top of Pharos. These applications could include decentralized exchanges, lending platforms, and asset management tools. The network’s focus on finance makes it a natural home for such applications. Pharos Mainnet: Technical Architecture and Features The Pharos mainnet uses a unique consensus mechanism. It is designed to balance security, speed, and decentralization. The network can process thousands of transactions per second. This makes it suitable for high-frequency trading and other demanding applications. The architecture also supports smart contracts. This allows developers to build complex financial applications. The network is fully Ethereum Virtual Machine (EVM) compatible. This means existing Ethereum-based applications can be deployed on Pharos with minimal changes. This compatibility is a major advantage. It reduces the barrier to entry for developers. It also allows for easy integration with the broader Ethereum ecosystem. Key Technical Features High Throughput: The network can handle thousands of transactions per second. Low Latency: Transactions are confirmed in under one second. EVM Compatibility: Supports existing Ethereum-based smart contracts. Cross-Chain Interoperability: Connects with other major blockchain networks. Built-in Compliance: Includes features for KYC/AML and regulatory reporting. Modular Architecture: Allows for future upgrades and customization. The RWA Market: A $16 Trillion Opportunity The market for tokenized real-world assets is enormous. According to industry estimates, the total addressable market could reach $16 trillion by 2030. This includes assets like real estate, bonds, commodities, and private equity. The potential benefits of tokenization are clear. It can increase liquidity, reduce costs, and improve transparency. It can also open up new investment opportunities. Retail investors can access assets that were previously only available to institutions. However, realizing this potential requires the right infrastructure. Pharos aims to provide that infrastructure. The mainnet launch is a critical step in this direction. Comparison with Other RWA-Focused Blockchains Feature Pharos Other RWA Chains Consensus Mechanism Proprietary high-speed Proof-of-Stake (common) Focus Finance-specific General-purpose Institutional Support $52M raised Varies Cross-Chain Built-in Often via bridges Compliance Native Often added later Conclusion The Pharos mainnet launch with the PROS token marks a pivotal moment for tokenized real-world assets. It provides the institutional-grade infrastructure needed to unlock a multi-trillion dollar market. The network solves critical problems of liquidity fragmentation and distribution. It also offers a clear path for institutional participation. The future of RWA tokenization looks brighter with Pharos leading the way. The ecosystem now has a dedicated, powerful, and compliant platform to build upon. FAQs Q1: What is the Pharos mainnet? The Pharos mainnet is a new Layer 1 blockchain network specifically designed for financial applications. It focuses on tokenized real-world assets (RWA) and solving liquidity fragmentation. Q2: What is the PROS token used for? The PROS token is the native token of the Pharos network. It is used for transaction fees, staking, governance, and incentivizing network participants. Q3: How does Pharos solve liquidity fragmentation? Pharos acts as a central hub for RWA liquidity. It aggregates order flow from multiple sources and provides cross-chain interoperability, allowing assets to move seamlessly between networks. Q4: Who is behind the Pharos project? The Pharos Foundation, led by CEO Wish Wu, oversees the project. It has raised $52 million from traditional institutions and Web3 venture capital firms. Q5: Is Pharos compatible with Ethereum? Yes, Pharos is fully EVM-compatible. This means existing Ethereum-based smart contracts and applications can be deployed on Pharos with minimal changes. This post Pharos Mainnet Launch: PROS Token Powers a Revolutionary RWA Distribution Network first appeared on BitcoinWorld .