Margex Analytics: Solana Breaks $145, Bitcoin Eyes $110K, BNB Gains on USD1 Stablecoin Launch

Margex Analytics: Solana Breaks $145, Bitcoin Eyes $110K, BNB Gains on USD1 Stablecoin Launch

Solana (SOL) stands out as a leading cryptocurrency because it achieved the $145 price level in a market characterized by negative sentiment. Open interest exceeded $5 billion to become the main focus point about sustaining current price growth.

Solana sustained its $140 value level on Tuesday while showing resistance against market volatility instigated by macroeconomic and political developments. The Trump administration’s suggestion of new proposed tariffs caused the market to turn conservative about all risk assets.

Bitcoin (BTC) continues to face challenges against the $90,000 milestone while Ripple (XRP) and Cardano (ADA) remain stable, trading close to $2.40 and $0.7,0, respectively.

Solana distinguished itself from other markets by posting a 2% price increase that drove its value to circa $145 as tracked on CoinMarketCap. Strong market confidence in SOL continues to push its prices higher. The market conditions have not deterred SOL from achieving better prices.

Open Interest in Solana Rises by $700 Million Following Trump’s Statement

Former U.S. President Donald Trump announced his backing of the Solana-based $TRUMP token on the day following, which market dynamics entered an additional phase of change. After the statement, SOL gained 2% in its spot price because traders became reenergized.

Market data reveals that SOL trading has experienced increased speculative behavior while remaining inactive for almost a month. Market traders have brought back their bets for additional price movement by increasing open interest by $700 million, which demonstrates rising optimism regarding Solana’s future market path. The social media support of U.S. President Donald Trump for the Solana-based TRUMP memecoin led to a dramatic market increase because he declared it as “the greatest of them all.” Market activity increased dramatically through trader enthusiasm after the statement from the famous personality.

Solana Overcomes Recent Setbacks to Regain Investor Confidence

The Solana network suffered significant problems in early March when FTX started distributing SOL tokens worth millions to pay back its creditors. The action triggered concern about token sellers during an anti-market sentiment period. Investor uncertainty rose following the Libra meme coin rug-pull incident because it was linked to Argentine President Javier Milei.

Persistence of investor optimism surfaced following Solana’s recent acceptance by Donald Trump of hosting the TRUMP token. The dollar amount traded across SOL derivatives surged from $4.28 billion to hit $5 billion during the first day of this recent increase in market optimism from both institutional players and individual traders.

Multiple indicators in the derivatives market indicate Solana may continue elevating its price positions. A combination of essential market metrics indicates a sustained optimistic stance among traders as Solana sets foot into April, which predicts additional value growth for the cryptocurrency.

Solana Price Analysis

The market active behavior increased as Solana experienced a significant 1.85% boost in its trading volume which reached $10.51 billion. The general investor appetite for leverage increased as options open interest experienced a 3.90% gain. Whales, who represent large investors, choose options trading while an increase in open interest serves as a sign of growing bullishness from institutional investors.

The weekly timeframe shows Solana keeping a bullish pattern since prices rose after touching the 100-week moving average near $114 before increasing by 20%. Support stands at $120 on the daily time frame, yet resistance points exist between $175 and $180. ​

Solana stands to approach another price breakout in April because its trading activities gain momentum while investor sentiment improves. Expert analysts suggest that prevailing trends indicate Solana could reach the $160–$180 resistance area during April 2025.

Bitcoin Extends Gains Above $87,400 as Institutional Demand Rebounds.

Bitcoin (BTC) rose above the $87,400 zone on Monday after achieving a 4.25% increase during the previous week. The market continues to surge as investors show increasing confidence that U.S. Federal Reserve officials will adopt non-aggressive inflation policies and that will implement less restrictive Trump tariffs.

Arthur Hayes Predicts Bitcoin Could Reach $110,000 Before a Pullback

Bitcoin maintained a stable position above $87,000 during the first part of the European trading session with weekly returns approaching 5%. The latest market recovery occurred as the White House revealed plans to modify its Trump tariff policies scheduled for April 2 implementation. The new approach will remove selected industry-based tariffs yet introduces trade barriers to major partner economies of the United States.

BitMEX co-founder Arthur Hayes predicted that Bitcoin will move towards $110,000 while anticipating a following drop to $76,500. Recently on X, Hayes identified two major factors that reduce market anxiety and support fresh price gains. These factors consist of the Federal Reserve’s policy directions combined with Trump’s tariff policy flexibility.

Institutional Demand Signals Strength as Bitcoin Spot ETF Inflows Surge

Bitcoin continues to attract active participation from institutions at an increasing rate. Bitcoin spot ETFs gathered $744.30 million in net investments during last week’s period, as Coinglass records demonstrated. Further price recovery for Bitcoin becomes likely because the continued inflow pace reduces selling pressure in the market according to market analysts.

The ERC-20 stablecoin reserves held by Binance on CryptoQuant have surpassed all previous records and now exceed $31 billion. The current market rise demonstrates investor confidence and readiness to participate in the market once again. New inflows of stablecoins at the exchange add to its reserve supply, which strengthens the potential price growth in Bitcoin markets.

Bitcoin Price Analysis

On March 26th, the Bitcoin market value stood at approximately $88,225 for Bitcoin (BTC). Bitcoin gained 6.7% this week through a relief rally yet persists in showing negative performance since the start of this year by 6.1%. The current Bitcoin price stands at 20% less than its record high of $109,225 reached on January 20th, 2025. The current upward trend in Bitcoin prices might turn out to be brief since experts view these market developments cautiously.

By surpassing the 200-day exponential moving average (EMA), Bitcoin achieved a positive technical stance that indicates likely upward price movement will occur. The market’s current momentum shows neutrality according to the Relative Strength Index (RSI) score of 47.76 since it remains between normal buying and selling levels. The MACD indicator shows bearish signs through its reading of -1,718.25 at this moment.

Bitcoin maintains two important support points at $80,400 and $74,000, although resistant price points exist at $90,700 and $93,700. The sustained growth of Bitcoin depends on its ability to maintain current levels because the failure to do so will result in dropping to lower support zones. Market participants should stay alert about potential further price declines even while the current price gains provide optimism because intermediate-term indicators still point to ongoing risk factors for market corrections. Investors should track both technical markers as well as market-wide developments before executing any trading operations.

The cryptocurrency market reached a brief price surge on Monday which caused the entire market capitalization to surpass $3 trillion. Market participants started taking profits after former U.S. President Donald Trump issued another tariff during which the cryptocurrency market began to retract.

Crypto Market Capitalization Drops $60 Billion Amid Sell-Off

Progressive returns from CoinGecko reveal that the crypto market capitalization has experienced a 1.7% reduction which erased $60 billion from the value within the previous day. The current market value sits at $2.9 trillion, and major cryptocurrency assets have become negative, but mid-scale alternative coins have managed to preserve Monday’s price increases.

Ripple (XRP) stays near the $2.37 price point following its major legal success, which countered the U.S. Securities and Exchange Commission (SEC). The Solana token maintains its position above $140 due to Trump endorsing SOL-based $TRUMP tokens via social media.

BNB Chain Stands Out as WLFI Confirms USD1 Stablecoin Launch

The company World Liberty Financial Inc. led by Trump supporter announced officially the roll-out of USD1 stablecoin which maintained a 1:1 relation with the U.S dollar. The project states that USD1 is fully supported by U.S. government treasuries with short maturities and U.S. dollar deposits alongside other cash equivalents as backing.

After blockchain analyst Lookonchain discovered new BNB Chain contract deployment the following day WLFI declared plans to mint USD1 on Ethereum alongside its intention to add more blockchain networks during future expansion phases.

The BNB Chain performed independently from market trends as its value increased by 1.2% following the affirmation of its stablecoin launch.

The BNB Chain outshone other markets during this time period because it showed a 1.2% increase according to SosoValue metrics. A positive price movement appeared as major cryptocurrency large-caps experienced negative market effects due to Trump’s tariffs statements.

The USD1 stablecoin launch verification for BNB Chain and Ethereum platforms establishes favorable conditions for speculative investor engagement in upcoming market sessions. The BNB ecosystem shows increasing application of its development while creating conditions for stronger market momentum in upcoming periods.

BNB Price Analysis

As of March 26, Binance Coin (BNB) maintained a trading price of $632.08. The crypto market value of BNB rose by 0.24% over the last week but registered a 5.29% decrease in its rate since the previous month. Year-over-year, BNB has appreciated by 11.08%. 

BNB shows overbought potential, according to the Relative Strength Index value of 65.03. Bullish momentum prevails because the Moving Average Convergence Divergence (MACD) appears above its signal line.             

The support zones for BNB exist within the $600 to $650 area while falling below this zone might trigger a decrease towards $550. A breakthrough of $645 would signify higher potential to reach $700. 

The positive technical momentum for BNB exists while investors must exercise caution because the asset approaches overbought values. The technical levels, together with market dynamics require close observation by investors who wish to execute trading positions.

This was the current crypto market outlook, and you can trade with maximum leverage on platforms like Margex.