• Algorand price rose nearly 9% to above $0.12.
• The token posted a sharp rebound from weekly lows amid a fresh daily volume spike.
• Buyers could target $0.20 next, but profit-taking is likely.

Algorand is among the altcoins to post slight gains on Monday as top coins faced downward pressure.

The ALGO token, which touched lows of $.011 on Sunday, jumped to near $0.13 amid a notable volume-driven recovery.

Bulls are likely to fancy continuation from their weekly trough.

As data from CoinMarketCap shows, ALGO has climbed by over 9% in the past 24 hours, erasing much of the prior week’s losses. Daily volume was up 170% to over $69 million.

However, while buyers have pushed prices above $0.12, they remain well off monthly highs near $0.15.

Sentiment is capped within the confines of what is happening around the broader market.

Crypto analysts at QCP Group shared insights on how investors currently view the ecosystem.

“The pressure looks macro-led rather than crypto-native, with tariff rhetoric, US fiscal brinkmanship and renewed nerves around potential US-Japan action to steady the yen stacking into a familiar cocktail of uncertainty and de-risking,” the analysts noted.

According to the platform, the week is laden with key events to watch.

Apart from the looming US government shutdown, other factors are major tech earnings and the Fed decision expected this midweek.

They believe volatility will likely stay sticky and broader price action “choppy until macro clarity improves.”

Algorand price gains amid key developments

There’s no momentum building across the broader cryptocurrency market, with Bitcoin’s struggle below $90,000 key to the downbeat sentiment.

But recent developments seem to have pointed buyers towards the layer-1 token ALGO.

Increased transaction throughput, developer adoption, and network activities, like Algorand’s Verifiable Random Function, all give bulls an upper hand.

VRF offers a cryptographic feature enabling secure, tamper-proof randomness for decentralized applications like gaming, lotteries, and NFTs.

The team recently announced a major impact of VRF in a post on X.

ALGO price forecast

Technical indicators, such as a Relative Strength Index (RSI) upsloping from oversold conditions, suggest a bullish rebound is likely.

The Moving Average Convergence Divergence (MACD) indicator shows bears remain in sight.

However, the histogram is signalling weakening bearish momentum, and also shows a potential bullish crossover on the daily chart.

The 50-day exponential moving average sits at $0.129 and is the first resistance level.

If prices break above $0.15, continuation above $0.20 could open up a path to yearly highs of $0.40.

Short-term, the outlook might include pullbacks amid profit-taking. The zone around $0.11 to $0.10 is critical to the bulls’ ambition.

The post Algorand price bounces on 170% volume surge appeared first on CoinJournal.

Silver jumps past $115 an ounce, rising nearly 12% as gold nears $5100 amid strong momentum and safe-haven demand.

The post Silver surges past $115/oz as gold extends rally toward $5100 appeared first on Crypto Briefing.

Tezos activates its Tallinn upgrade, delivering faster block times, stronger validator security, and major efficiency gains.

The post Tezos completes Tallinn upgrade, cutting app storage costs by up to 100x appeared first on Crypto Briefing.

Microsoft rolls out its Maia 200 AI chip as it looks to cut costs and reduce reliance on Nvidia ahead of earnings.

The post Microsoft rolls out Maia 200 AI chip to reduce reliance on Nvidia appeared first on Crypto Briefing.

Bitmines Ethereum holdings climbed to 4.2 million ETH as the firm accelerates staking and its push toward becoming a leading ETH validator.

The post Tom Lee’s Bitmine scoops 40,302 Ethereum as total staked exceeds 2 million ETH appeared first on Crypto Briefing.

Ethereum remains under pressure in a key support zone, teetering between a potential rebound and further decline. While bullish patterns like the cup-and-handle and ascending triangle are shaping up, confirmation is required before any decisive move.

Last Defense Zone: $2,274–$2,104 And The Libra Reversal Setup

Kamile Uray shared that Ethereum is currently trying to hold above the critical support zone between $2,775 and $2,623. This area has become a key battleground for bulls and bears, with buyers attempting to defend it to prevent further downside. If this support continues to hold, ETH could regain short-term stability and make another attempt to move higher.

On the upside, a sustained bounce from this zone could allow Ethereum to revisit the pink box resistance around the $3,445 level. A clean breakout above this resistance would activate bullish structures such as a cup-and-handle or an ascending triangle, signaling growing bullish momentum and opening the path toward the $3,894 level. However, this becomes possible if ETH manages to close above the $3,661 peak, confirming the formation of the first major high.

The $3,894 level carries technical significance, as it represents the 0.618 Fibonacci retracement of the most recent downward wave. A decisive close above this level would suggest continuation of the recovery. Failure to hold above it, however, could trigger renewed selling pressure and lead to another corrective move lower.

On the downside, if Ethereum loses the $2,623 support, a deeper decline toward the pink box zone between $2,274 and $2,104 would become likely. This area is notable for the potential formation of a bullish Libra pattern. Should reversal confirmation emerge from this zone, ETH could attempt another recovery phase, with the broader objective of retesting its previous highs.

Waiting For Confirmation: ETH’s Next Move Depends On Price Action

Ethereum is currently following the trajectory outlined by Crypto Candy in a recent update on X. As predicted, the asset dipped into the lower support range between $2,600 and $2,700 and is now attempting to stage a recovery from the zone. Should this upward momentum persist, the immediate objective for bulls is a return to the $3,070 level.

However, for Ethereum to firmly re-enter bullish territory and shift the broader market structure, it must close decisively above the $3,070 threshold. This level serves as the primary gateway for any sustained recovery beyond the current relief rally. Until that breakout occurs, the prevailing market bias remains firmly bearish, as the failure to reclaim and hold above $3,070 suggests that the path of least resistance is still to the downside, with lower price points remaining the primary expectation for the short term.

Bitcoin Magazine

Rhode Island Reintroduces Bill to Study Blockchain and Cryptocurrency

Rhode Island lawmakers have reintroduced a bill to establish a special legislative commission to study blockchain technology and crypto, showing some continuous pro-bitcoin momentum for the state to explore its role in the digital asset economy.

Senate Bill S 2198, introduced by Senators Lou DiPalma, Gu, Burke, Urso, Paolino, and Zurier, would create a five-member commission tasked with reviewing blockchain and cryptocurrency activity across the country, examining current Rhode Island laws, studying non-fungible tokens (NFTs), and consulting industry experts.

The commission would also provide legislative recommendations to foster a pro-business environment while ensuring appropriate consumer protections.

The commission’s composition includes the Rhode Island Secretary of Commerce as chair, the Director of the Department of Business Regulation, and three public members appointed to represent academia, financial institutions, and federal securities expertise. 

The panel is expected to meet at least four times per year, with a final report due by January 5, 2028, and will operate publicly, posting its findings online.

The bill is not entirely new. It passed the Rhode Island Senate last year as S 0373 but stalled in the House (H 5810). 

The Rhode Island Bitcoin Policy Institute posted the reintroduction of the law on social media, thanking Senator DiPalma for sponsoring the bill and noting that discussions with Deputy House Speaker Ray Hull have made them optimistic about passage this session.

With cryptocurrency adoption growing nationwide and states competing to attract blockchain businesses, Rhode Island’s effort reflects a broader push to balance innovation with oversight and establish itself as a hub for emerging financial technology.

Rhode Island’s bitcoin push

Earlier this month, Rhode Island lawmakers reintroduced a bill to temporarily exempt small-scale Bitcoin transactions from state income and capital gains taxes, continuing a push started last year to reduce tax friction for everyday Bitcoin use. 

Senate Bill S2021, introduced by Senator Peter A. Appollonio and referred to the Senate Finance Committee, would exempt Bitcoin sales or exchanges up to $5,000 per month, with a $20,000 annual cap, for both residents and Rhode Island-based businesses. 

The bill adds a new section to the state’s personal income tax code, defining Bitcoin as a “digital, decentralized currency based on blockchain technology.” 

Taxpayers could self-certify eligibility on returns without reporting individual transactions, maintaining records only for potential audits.

The Department of Business Regulation would issue guidance on valuation and recordkeeping. 

If passed, the exemption would take effect January 1, 2027, and sunset January 1, 2028, serving as a pilot program to treat Bitcoin more like everyday money rather than a speculative asset.

This post Rhode Island Reintroduces Bill to Study Blockchain and Cryptocurrency first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Bitcoin Magazine

Bitcoin Drops Below $87,000 as Bears Target $84,000 Support Break

Bitcoin Price Weekly Outlook

What a disastrous weekly close for Bitcoin, that about sums it up. After tapping $98,000 resistance the week prior, the bitcoin price just went straight down last week to close near the lows at $86,588. The bulls have been corralled back into their pens and will need a lot of help to break out once again. The bears will look to continue their momentum into this week to break down the $84,000 support level once and for all, and take the price down to the low $70,000 area. Bulls must defend $84,000 like never before to avoid a breakdown this week.

Key Support and Resistance Levels Now

The bears are back in town. $87,000 support has been lost, and $84,000 may not hold another test. If the bears can manage to get a daily close or two below $84,000, the price should accelerate down to the $72,000 to $68,000 support zone. We likely see a bounce from down there, but if it eventually gives wa,y we will look to the 0.618 Fibonacci retracement level at $58,000.

After grinding above several resistance levels recently, the bulls are back where they started. Bulls must reclaim $88,000 first and foremost. From there, they will look to get above $91,400, then $94,000 once again. $98,000 has proven itself as strong resistance above here. In the unlikely event the bulls can push above $98,000, it should be a slow go up to $103,500.

Outlook For This Week

This week is make-or-break for the bulls. Failure to defend $84,000 this week will likely send the price down to new lows. There is a large slate of big companies reporting earnings this week, so if the results are very strong, it could help buoy the bitcoin price to sustain major support levels. Although correlations to stocks have been weak lately, there are no guarantees that bitcoin will benefit from any upward market movement. Odds are in the bears’ favor for a breakdown this week.

Market mood: Bearish – The bulls showed some strength in the prior week for a slight advantage, but the bears took full control last week, driving the price right back down to the lows.

The next few weeks

The weekly chart was looking for a bounce recently, and it got one. The price action this past week, however, has put in a strong indication that this bounce may be over and new lows may be on the horizon as the price closed below the 100-week SMA. The MACD oscillator is firmly in bearish territory, and while it looked like it may see a bullish cross last week, the bears came out in force and prevented that bullish cross from taking place. The relative strength index has crossed back down below the 13 SMA and sits in a bearish posture once again.

Terminology Guide

Bulls/Bullish: Buyers or investors expecting the price to go higher.

Bears/Bearish: Sellers or investors expecting the price to go lower.

Support or support level: A level at which the price should hold for the asset, at least initially. The more touches on support, the weaker it gets and the more likely it is to fail to hold the price.

Resistance or resistance level: Opposite of support.  The level that is likely to reject the price, at least initially. The more touches at resistance, the weaker it gets and the more likely it is to fail to hold back the price.

SMA: Simple Moving Average. Average price based on closing prices over the specified period. In the case of RSI, it is the average strength index value over the specified period.

Oscillators: Technical indicators that vary over time, but typically remain within a band between set levels. Thus, they oscillate between a low level (typically representing oversold conditions) and a high level (typically representing overbought conditions). E.G., Relative Strength Index (RSI) and Moving Average Convergence-Divergence (MACD).

RSI Oscillator: The Relative Strength Index is a momentum oscillator that moves between 0 and 100. It measures the speed of the price and changes in the speed of the price movements. When RSI is over 70, it is considered to be overbought. When RSI is below 30, it is considered to be oversold.

MACD Oscillator: Moving Average Convergence-Divergence is a momentum oscillator that subtracts the difference between 2 moving averages to indicate trend as well as momentum.

Fibonacci Retracements and Extensions: Ratios based on what is known as the golden ratio, a universal ratio pertaining to growth and decay cycles in nature. The golden ratio is based on the constants Phi (1.618) and phi (0.618).

This post Bitcoin Drops Below $87,000 as Bears Target $84,000 Support Break first appeared on Bitcoin Magazine and is written by Ethan Greene - Feral Analysis and Juan Galt.

Bitcoin Magazine

Colombia’s Second-Largest Pension to Launch Bitcoin Fund for Qualified Clients

Colombia’s second-largest private pension and severance fund manager, AFP Protección, plans to launch an investment fund with exposure to Bitcoin.

The plan was confirmed by Juan David Correa, president of Protección SA, in an interview with local outlet Valora Analitik. Correa said access to the product will be limited and offered only through a personalized advisory process that evaluates each client’s risk profile. 

Only investors who meet defined criteria will be able to allocate a portion of their portfolios to Bitcoin.

Correa framed the initiative around diversification rather than a change in core investment strategy. 

“The most important element is diversification,” he said, adding that eligible clients will be able to assign a percentage of their portfolios to exposure to this type of asset if they choose.

Protección’s move follows a similar step by Skandia Administradora de Fondos de Pensiones y Cesantías, which introduced Bitcoin exposure in one of its portfolios in September. With this launch, Protección became the second major pension fund administrator in Colombia to offer clients access to Bitcoin-linked investments.

Bitcoin as an additional investment option for Colombia

The company said the new product does not alter how the majority of pension savings are managed. Fixed income instruments, equities and other traditional assets will continue to form the foundation of both mandatory and voluntary pension portfolios.

The Bitcoin-linked fund is positioned as an additional option for qualified investors seeking broader portfolio construction rather than a replacement for existing allocations.

Founded in 1991, AFP Protección manages more than 220 trillion Colombian pesos, or about $55 billion, in assets. The firm serves more than 8.5 million clients across mandatory pension plans, voluntary pension products and severance savings accounts. 

The broader mandatory pension fund market in Colombia reached 527.3 trillion pesos as of November 2025, with close to half of those assets invested outside the country.

The announcement comes as Colombia tightens oversight of the digital asset sector. Earlier this month, the national tax authority, DIAN, introduced a mandatory reporting framework for crypto service providers. The rules require exchanges, custodians and intermediaries to collect and submit user and transaction data.

The framework aligns Colombia with the OECD’s Crypto-Asset Reporting Framework, enabling automatic exchange of crypto-related tax information with other jurisdictions. 

Service providers must report identifying information and transaction details for reportable users and comply with due diligence and valuation standards or face penalties, per local reports. 

This post Colombia’s Second-Largest Pension to Launch Bitcoin Fund for Qualified Clients first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Bitcoin Magazine

US Dominates Bitcoin Hiring in 2025 as Singapore Jumps 158%, Bitvocation Data Shows

Bitvocation’s 2025 Bitcoin jobs report has just been released, and it shows continuing growth for the industry, as non-developer roles gain steam and Bitcoin-only companies grow 5% to become 47% of the broader crypto job market. 

Bitvocation is a jobs board and resources platform for the Bitcoin job market. They offer a highly curated feed of job offers, as well as career tips, specializing in network-driven hiring. They look to help Bitcoin startups as well as larger companies in the industry. According to a press release shared with Bitcoin Magazine, Bitvocation is not a recruitment agency. “We don’t headhunt. We are building a “strategic Bitcoiners reserve” to make hiring more efficient and help startups find the right talent faster.”

The 2025 jobs report shows a variety of interesting trends in the Bitcoin and broader crypto industry. Bitvocation counts a total of  1,801 jobs; 6% more than 2024’s 1,707 jobs report findings. Bitcoin-only companies grew 5% from 2024, vs 53% of Bitcoin-adjacent jobs. They sort Bitcoin-only vs Bitcoin-adjacent companies based on the following criteria:

• Bitcoin-only products – Core offerings are exclusively focused on Bitcoin, not competing cryptocurrencies.
• Publicly stated commitment – The company explicitly identifies as Bitcoin-only or Bitcoin-first in its mission or communications.
• Ecosystem contribution – Active involvement in Bitcoin development, open-source projects, or the Bitcoin community.

Most surprisingly, non-developer jobs grew 74%! Making a strong statement, you don’t need to be a developer to work in Bitcoin. Media, design, marketing, education, and operations dominate job openings among Bitcoin-only companies. 663 of the 1801 jobs are for mid-seniority positions, though jobs span the full range of seniority, providing opportunities to a wide range of applicants.  

When it comes to location, the United States remains the undisputed center of the industry, though every continent offers opportunities, with Singapore seeing growth of 158% from the previous year, taking second place globally.

Remote jobs shrunk slightly, losing 10% to 2024 numbers. Nevertheless, almost half of all jobs in the report are remote jobs with Bitcoin-only companies offering 56% of all remote opportunities. 

The hardest roles to fill, according to a survey conducted by Bitvocation, are two-fold. Highly specialized technical positions, such as Bitcoin Core, Lightning, and security-related engineers, are difficult to hire for. Non-technical roles that require translating Bitcoin’s values into product, growth, operations, or communication are also presenting a challenge to employers.

The survey also shows employers are looking for candidates with “Bitcoin conviction” as much as technical skills, and most of all “agency”. Strong communication, ownership mindset, and “the ability to operate in small, fast-moving teams” mattered as much as technical skill, according to the report. AI literacy is increasingly expected, but rarely sufficient on its own.

Across the board, employers emphasized culture fit, such as “Bitcoin alignment” and “proof-of-work”, which generally means portfolios of projects or general contributions to the industry are more important than traditional credentials alone.

Job seekers, on the other hand, reported often feeling ghosted – the solution, according to Bitvocation, is to “relentlessly build your network and create opportunities through relationships, rather than job boards”.  

Interest in Bitcoin jobs nevertheless remains strong. Bitvocation registered “100% growth in subscribers,” looking for Bitcoin jobs, and over 800,000 views in the Telegram feed, according to the report. 

This post US Dominates Bitcoin Hiring in 2025 as Singapore Jumps 158%, Bitvocation Data Shows first appeared on Bitcoin Magazine and is written by Juan Galt.

XRP is holding the $1.80-$2 support, with multiple indicators suggesting an extended sideways price action before a “liftoff” toward double figures.

Ripple’s agreement with Riyad Bank highlights growing institutional interest in blockchain for payments, custody and tokenization across global financial markets.

BitMine Immersion Technologies, a New York–listed company chaired by Fundstrat’s Tom Lee, has quietly built one of the largest concentrated positions in Ethereum ever disclosed by a single entity.

In an update published on January 26, BitMine said it now holds 4,243,338 ether, giving the company control of roughly 3.52% of Ethereum’s total circulating supply.

At the time of disclosure, the position was valued at roughly $12 billion, making BitMine the largest Ethereum treasury in the world and the second-largest crypto treasury overall, behind Strategy Inc., formerly Strategy, which holds more than 700,000 bitcoin.

BitMine Accelerates ETH Accumulation as Prices Slide

The disclosure shows how quickly BitMine’s balance sheet has expanded over the past six months.

Weekly purchase data shared by the company indicates steady accumulation since late October, 2025, with particularly large buying activity in December.

In the week ending January 26 alone, BitMine added just over 40,000 ETH, following purchases of more than 35,000 ETH the prior week and several six-figure ETH buys in December.

Last week the company bought the dip, purchasing $110M worth of Ethereum.

The pace of accumulation has continued even as ether prices softened, with ETH down double digits over the past month amid broader market volatility.

Ethereum is currently trading at $2,940.44, showing a 2.0% increase over the past hour, which suggests short-term buying pressure returning to the market.

On a 24-hour basis, ETH is up a modest 0.4%, indicating relatively stable price action despite broader market fluctuations.

However, over the past seven days, Ethereum has declined by 8.4%, reaching as low as $2,787.

BitMine’s total crypto, cash, and equity holdings now stand at $12.8 billion, according to the company.

In addition to its Ethereum position, the firm holds 193 bitcoin, $682 million in cash, a $200 million stake in Beast Industries, and a smaller equity position in Eightco Holdings.

BitMine’s Ethereum Bet Moves Closer to the 5% Mark

The company trades on the NYSE American under the ticker BMNR and was last priced around $28.50, down modestly on the day and slightly lower over the past week.

The Ethereum accumulation is central to BitMine’s stated long-term strategy, as it has publicly set a goal of acquiring 5% of Ethereum’s total supply, a target it refers to as the “alchemy of 5%.”

Based on current supply estimates, reaching that level would require roughly 6 million ETH.

At current market prices, closing that gap would require several billion dollars in additional capital.

BitMine Expands Ethereum Staking as Holdings Grow

Beyond holding ether on its balance sheet, BitMine is also expanding its staking operations. As of January 25, the company had staked 2,009,267 ETH, worth about $5.7 billion, representing nearly half of its total holdings.

Using the composite Ethereum staking rate of roughly 2.81%, BitMine estimates that a fully deployed staking strategy could generate about $374 million in annual fees, or more than $1 million per day.

For now, the company relies on external staking providers, but it plans to launch its infrastructure, known as the Made in America Validator Network, or MAVAN, in early 2026.

Chairman Tom Lee has framed the Ethereum strategy as a long-term bet on institutional adoption of blockchain technology.

Speaking after last week’s World Economic Forum meeting in Davos, Lee said discussions among policymakers and business leaders increasingly point to the convergence of traditional finance, crypto, and artificial intelligence.

He pointed to Ethereum’s role in tokenization and financial infrastructure projects as evidence that Wall Street is already building on the network.

The post Tom Lee’s BitMine Corners 3.5% of Ethereum Supply as Treasury Tops With 4.24M ETH Buy appeared first on Cryptonews.

Crypto traders are abandoning token speculation in favour of prediction markets following a brutal $150 billion altcoin crash, with platforms like Polymarket seeing app installs surge from 30,000 to over 400,000 between January and December 2025, according to Bloomberg.

Weekly trading volume across prediction platforms, including Polymarket and Kalshi, exploded from $500 million in June to nearly $6 billion in January, data from Dune shows, while crypto exchange downloads collapsed by more than half during the same period.

The shift reflects deep fatigue across the token economy after Bitcoin plunged nearly 30% from its October peak and more than 11 million coins effectively died last year, marking the largest extinction event in crypto history, according to CoinGecko.

According to CoinShares, digital asset investment products shed $1.73 billion in the largest weekly outflow since mid-November 2025, driven by fading rate-cut expectations and persistent bearish sentiment.

Last week, Bitcoin spot ETFs also bled $1.62 billion over four consecutive trading days as hedge funds unwound basis trades that now yield below 5%.

Crypto Natives Migrate to Event Betting

Former memecoin traders are leading the exodus toward prediction markets that offer binary odds on real-world events rather than multi-year token roadmaps.

Nikshep Saravanan, who abandoned his digital creator startup to build HumanPlane, a prediction market research platform, said the shift made sense after losing traction without funding.

“Here I can do a lot more with no capital,” the 27-year-old Canadian explained. “There’s so much more interest here.“

Tre Upshaw followed a similar path after losing money on memecoins like SafeMoon, now running Polysights, an analytics dashboard for prediction markets.

“I realized that’s just hyper gambling,” he said. “I got burned so many times on memecoins.”

Yet losses remain widespread across prediction markets too, with 70% of trading addresses showing realized losses, while fewer than 0.04% of Polymarket addresses captured over 70% of total realized profits totalling $3.7 billion.

The infrastructure supporting these markets remains fundamentally crypto-powered despite traders fleeing token speculation.

On Polymarket, every key part of trades except order-matching happens on-chain, revealing blockchain technology’s most durable use case yet as belief-driven speculation cools.

Crypto contracts have become the second-busiest trading category on Polymarket, up from fourth place a year ago, with notional crypto volume increasing nearly tenfold across major platforms, according to Dune data.

Exchanges Rush Into Prediction Markets

Major crypto platforms are aggressively expanding into event contracts as user demand shifts.

Coinbase added prediction markets in December through Kalshi routing, with Clear Street analyst Owen Lau projecting the exchange could generate $700 million in prediction market revenue for 2025, while Robinhood’s annual run rate already approaches $300 million.

Gemini and Crypto.com have also launched their own prediction market efforts, with Crypto.com white-labeling services for Trump Media.

“As we add more instruments, they tend to complement each other,” said Max Branzburg, Coinbase’s head of consumer and business products, noting the firm has “seen tons of excitement” from users wanting a single venue to trade everything.

A Mizuho survey cited by Bloomberg found that Coinbase and Robinhood users were 9 times more likely to use prediction platforms than the general population.

Polymarket returned to the U.S. market following CFTC approval, launching with ultra-low 10 basis point taker fees and zero maker fees, the lowest among major platforms according to Clear Street analyst Owen Lau.

The platform also recently rolled out real estate bets that allow crypto traders to now speculate on housing prices

The company raised $205 million across two funding rounds and secured a $2 billion investment from Intercontinental Exchange at a valuation of nearly $9 billion.

Last month, Kalshi also closed a $1 billion round at an $11 billion valuation and secured CNN as its official prediction markets partner.

Despite near-term outflows, 70% of institutions view Bitcoin as undervalued in a recent Coinbase Institutional and Glassnode survey, and 62% maintain or increase crypto positions since October’s crash.

“Crypto markets are entering 2026 in a healthier state, with excess leverage having been flushed from the system,” said David Duong, Coinbase Global Head of Research.

The post Polymarket Installs Jump 1,200% as Crypto Loses $150B – Are Crypto Traders Done With Tokens? appeared first on Cryptonews.

• Solana price hovered near $122 on January 26, 2026.
• ETFs’ inflows fail to influence SOL price.
• Technical indicators signal a bearish continuation and likely dump to $100.

Solana’s price has faced mounting downward pressure, with SOL failing to hold onto gains seen at the start of the year.

On January 26, the altcoin traded around $122, down on the day and in tandem with the broader cryptocurrency market struggles.

While River (RIVER) skyrocketed, and Algorand flipped green, Solana aligned with Bitcoin, Ethereum and XRP’s latest price struggles.

The SOL token changed hands nearly 8% down from the prior week, losses that persist despite positive institutional signals.

Analysts are largely bullish, but the overall bearish trend concerns a potential short-term dump to the critical $100 support level.

Solana continues to attract institutional interest

SOL’s price dip comes as top coins shed capital from various investment products.

But despite institutional investors showing selective enthusiasm last week amid a $1.73 billion outflow hole, Solana stood out as one of those to record inflows.

According to CoinShares’ report, investors still put over $17 million in SOL products, including a spot exchange-traded fund.

Bitcoin saw over $1 billion in outflows in the same period.

Digital asset investment products recorded US$1.73B in outflows last week.@Bitcoin, @ethereum and XRP (@Ripple) all saw outflows totalling US$1.09B, US$630M and US$18.2M respectively, highlighting negative sentiment was broad-based. @solana bucked this trend with inflows of… pic.twitter.com/tefIwdc2zW

— CoinShares (@CoinSharesCo) January 26, 2026

A week earlier, digital asset products recorded $2.17 billion in inflows, with Solana attracting over $45.5 million.

“Dwindling expectations for interest rate cuts, negative price momentum and disappointment that digital assets have not participated in the debasement trade yet have likely fuelled these outflows,” said James Butterfill, head of research at CoinShares.

The Solana-specific interest highlights its appeal amid broader market caution.

However, bulls have failed to stem the price slide from highs of $133 in the past week.

Factors like profit-taking after 2025 highs and macroeconomic headwinds appear to override these inflows, keeping SOL within a bearish hold.

SOL price prediction: Bears eye $100

With price touching the psychological support level of $120 again, analysts say bears could target $100 next.

Sellers last hovered in this region in April 2025, with the bounce that followed pushing prices to above $200.

The downtrend risks such an extended move, and technical indicators reinforce the overall bearish outlook.

For instance, the MACD displays negative momentum and histogram divergence signaling further downside.

Elsewhere, the daily RSI hovers neutral in the 40-46 bracket. Although not decisively oversold, it’s not supportive of a quick rebound.

Price could drop lower if the pressure exposes buyers to key levels around $118 and $112 if profit hunters take out the $120 mark.

Network fundamentals remaining robust is a play for buyers, both in the short-term and long-term. In this case, a sustained rebound above $130 could accelerate gains toward $150-$180.

The price level of $200 is the main target.

The post Solana price prediction: SOL risks drop to $100 despite institutional inflows appeared first on CoinJournal.