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Solana (SOL) has climbed 10% in the past week, buoyed by bullish technical signals. Trading within an ascending parallel channel and supported by a positive Elder-Ray Index, SOL sits just below a key resistance level at $186.52, with the potential to push past $190 if buying momentum persists.
It is expected that the overall ecosystem will continue to mature, and ultimately, using proxies will become the mainstream way of financial participation.
Ethereum’s recent rally past the $4,000 mark has crushed short sellers and attracted renewed institutional interest, driving futures open interest higher. Holding strong support near $3,909, ETH could push toward $4,430 resistance and possibly retest its all-time high, provided buying momentum continues.
After a quiet week, crypto whales have seized the moment to build positions in key altcoins. Ethereum leads the pack with strong accumulation pushing it above $4,000. Meanwhile, meme coin PEPE and Mantle have also attracted large investor interest, signaling bullish prospects ahead.
- 00:45Faraday Future launches independent listing plan for Crypto businessChainCatcher News, according to Golden Ten Data, Faraday Future (FFIE.O) announced that, based on its overall strategic plan, the company is actively planning to spin off its Crypto & C10 and crypto-related assets and businesses for a public listing. Faraday Future stated that over the past two weeks, C10 Treasury has successfully completed two rounds of crypto asset allocation totaling approximately $7 million.
- 2025/09/12 23:59FF launches Crypto Flywheel spin-off listing; new company to operate and raise funds independentlyJinse Finance reported that FF announced, according to its overall strategic plan, the company is actively preparing to spin off its Crypto&C10 and crypto-related assets and businesses, and to promote their public listing. The company will officially disclose detailed information at the upcoming 919 press conference. This spin-off and listing plan will create two independent listed entities—FFAI and a new company focused on the Crypto flywheel—both operating independently while forming strategic synergies to empower each other. This spin-off plan will become a new strategic pivot for the company and is expected to bring significant incremental value to FF and its shareholders. (Zhitong Finance)
- 2025/09/12 23:05The U.S. Congressional Budget Office lowers this year's economic growth forecast and raises the unemployment rate projection.Jinse Finance reported that, considering former U.S. President Donald Trump's tax policies, tariffs, and the reduction in net immigration, the Congressional Budget Office (CBO) has raised its forecasts for U.S. inflation and unemployment rates this year, while lowering its expectations for economic growth. The agency's economic forecast released on Friday shows that the U.S. economy will grow by 1.4% in 2025, down from the 1.9% predicted in January. The inflation rate will rise to 3.1%, nearly one percentage point higher than previously forecast, based on the Federal Reserve's preferred inflation indicator. The report also shows that the U.S. unemployment rate is expected to reach a higher peak of 4.5% by the end of this year.