Justin Sun Gives Take On Donald Trump’s Commitment To Bitcoin & Crypto

Solana (SOL) has shown limited price movement recently despite a substantial accumulation of the token. The price has remained relatively stable in May, likely due to the altcoin’s overheating. 

While this stagnation is a sign of caution, the market is optimistic, which could lead to potential gains for Solana in the near future.

Solana Investors Continue Accumulation

Over the past 10 days, the balance of Solana on exchanges has dropped by 2.2 million SOL, valued at approximately $381 million. This decline in supply indicates that investors have been accumulating Solana during this period.

The ongoing accumulation is likely driven by a mix of factors, including the broader bullish market sentiment, fear of missing out (FOMO), and the expectation of future price appreciation.

This reduction in supply reflects increased investor confidence, with many choosing to hold rather than sell their SOL. As more investors accumulate the token, the supply on exchanges decreases, potentially creating upward pressure on the price in the long run.

Solana’s overall market momentum shows signs of potential volatility. Technical indicators, such as the Bollinger Bands, reveal that the bands are narrowing.

This tightening of the bands is a classic signal of a potential squeeze, which often precedes a surge in price volatility.

Should the squeeze result in a bullish breakout, Solana could see a rise in price, especially with the broader market showing positive momentum.

However, the narrowing of the Bollinger Bands also suggests that a period of consolidation could occur before any significant move.

SOL Price Needs To Break Out

Solana’s price has been moving sideways for much of May, likely due to the token overheating in the previous weeks. However, this cooling-off period could create an opportunity for a bullish move.

As the broader market continues to show positive signals and the accumulation trend persists, Solana may rise from its current consolidation phase.

At $173, Solana is testing critical support levels. To initiate a rally, Solana would need to secure $178 as support. If it manages to break above $180 and successfully breaches $188, it could indicate the start of an uptrend.

A successful breakout above these levels would signal further upward potential.

On the other hand, if Solana fails to maintain support at $178, it could fall below the $168 mark, potentially reaching $161. Such a decline would invalidate the bullish thesis and suggest further downside risk for the token.

The post Traders Accumulate $381 Million SOL – Is Solana Preparing for a Breakout? appeared first on BeInCrypto.

Bitcoin showed signs of potentially forming a new all-time high earlier today but slipped back toward key support. Despite this, the intraday rise sparked bullish sentiment among altcoins. 

BeInCrypto highlights three altcoins that, alongside major upcoming developments, are essential for investors to watch closely.

Maker (MKR)

MKR price dropped 12% over the past week but may rebound with the upcoming Phase One deployment of the MKR to SKY upgrade starting May 19. This transition, part of Maker’s rebranding to Sky, aims to complete its ecosystem transformation and attract investor interest.

The approval of the Executive Vote will enable SKY as the governance token of the Sky Ecosystem. This strategic shift could drive MKR’s price recovery to $1,894, potentially pushing further toward the key resistance level at $2,188, signaling renewed bullish momentum in the market.

However, if MKR falls below the support level of $1,655, it risks dropping to $1,555 or further down to $1,325. Such a decline would invalidate the bullish outlook, signaling increased selling pressure and a possible extended downturn.

OFFICIAL TRUMP (TRUMP)

TRUMP price remains subdued due to low volatility, but bullish market signals prevent a decline. The Ichimoku cloud below the candlesticks supports this stability, indicating potential for steady price action amid broader positive trends.

OFFICIAL TRUMP token anticipates a major boost on May 22, the Day of the TRUMP Dinner, where the top 220 TRUMP holders will join the US President in Washington D.C. This could spark significant interest and price movement, as holders often respond strongly to actions linked to the US President.

This update could push the TRUMP price to surpass resistance levels at $13.36 and $14.53, targeting $17.14. However, a break below support at $12.18 could trigger a fall to $10.29, negating the bullish outlook and causing a notable price drop.

Floki (FLOKI)

FLOKI is attempting to recover from recent 21% losses after failing to break the $0.000113 resistance. The Parabolic SAR above the candlesticks indicates potential downward pressure, suggesting a possible price decline for the meme coin in the near term.

The upcoming BADAI airdrop, delayed since February, could positively impact FLOKI’s price. Investors eagerly awaiting the event may drive buying momentum if any favorable updates emerge, potentially offsetting bearish signals and supporting price stability.

If FLOKI surpasses the $0.000100 mark, it could challenge the $0.000113 resistance and trigger an uptrend. Conversely, a break below $0.000090 support may lead to a decline toward $0.000071, negating the bullish outlook.

The post 3 Altcoins to Watch in the Third Week of May 2025 appeared first on BeInCrypto.

Storm Trade, the leader in decentralized derivatives on TON, is once again setting industry trends. With millions of users, an integrated academy, generous airdrops, and the fastest trading experience in a Telegram Mini App, Storm Trade has become synonymous with innovation in decentralized finance.

The protocol combines a professional-grade mobile interface with the full functionality of a web version, providing a seamless experience even for seasoned traders. Here, users can trade not only cryptocurrencies but also forex, commodities, and stocks — all without leaving Telegram.

Today, Storm Trade announces the next step in the evolution of its ecosystem — Upscale, the first prop trading product in a Telegram mini-app, built on StarsFi.

Prop Trading — the Next Big Narrative for 2025?

Following a wave of mass liquidations in the futures market fueled by the hype around meme coins like $TRUMP and others, many traders have started seeking more sustainable trading models. Memes come and go — but losses stay.

In this context, prop trading could become one of the key narratives of 2025.

Prop trading encourages traders to focus not on reckless profit-chasing, but on discipline, risk control, and steady growth. Here, there are no wild liquidations — only clear terms, real money, and a path toward professionalism.

According to analysts, the total trading volume on crypto prop platforms exceeded $10 billion in 2024, with the number of traders in this segment growing by more than 40%.

Instead of chasing fleeting “x’s”, prop trading challenges traders to manage risks and stick to strategies, bringing them closer to becoming truly successful professionals. Upscale is built exactly for that — giving traders a chance to showcase their skills and earn by sharing profits.

Up to $100,000 Under Management — Transparent Terms Directly in Telegram

Upscale offers the opportunity to manage up to $100,000 without risking your own funds. Access to the program is available through a Telegram Stars subscription — fast, convenient, and transparent.

In the profit-sharing model, traders keep 80% of their profits, with the possibility to increase this share with consistent performance. This is one of the highest payout rates among prop platforms, where the average usually sits around 75%.

Trading conditions:

• 0.008% fees on opening and closing positions — lower than major CEXs (which average around 0.05–0.1%).
• Zero slippage on top crypto assets, including BTC, ETH, and other highly liquid pairs.
• Support for short-term strategies, including scalping — execution speed meets professional traders’ standards.

Trader support is available 24/7 — the Upscale team is ready to quickly resolve any issues, from technical problems to challenge progression. According to Binance Research, 60% of traders consider the quality of support a key factor when choosing a platform.

How Upscale Works: From Challenge to Funded Account

Upscale offers a clear and transparent path to gaining access to a trading account with up to $100,000 in capital:

1. Access — choosing challenge parameters. At this stage, traders select the profit targets and risk limits that suit them best.
2. Challenge Phase — the period where traders demonstrate their skills under controlled conditions. It’s crucial to show the ability to manage risks and achieve profit targets.
3. Funded Phase — access to a real account with up to $100,000 in company capital. From this point, traders work with company funds and can withdraw up to 80% of the profits.

The Telegram mini-app ensures constant communication — all progress updates, results, and new opportunities are delivered directly inside the messenger. For those who prefer extended features and analytics, a web version will be available soon.

A ranking and achievements system will make the process not only profitable but also more engaging and fun. New levels, rewards, and challenges will keep traders motivated and moving forward.

Upscale and Telegram Mini Apps — A New Standard for Trading

Upscale was created to remove the barriers between traders and trading opportunities. It’s not just about the conditions or the capital — it’s about making the trading environment itself accessible.

Instead of building a separate application with a traditional onboarding flow, Upscale works as a Telegram Mini App — within an ecosystem already used by over 1 billion people. Telegram is no longer just a messenger — it’s a platform for next-generation products.

Telegram Mini Apps offer:

• Instant start — no downloads or registrations, directly within the familiar chat interface;
• Simplified onboarding — one click and the user is already inside the trading terminal;
• Viral effect — the platform can be easily shared with friends, organically expanding the trader community.

For Upscale, this is not just about convenience — it’s a strategic choice, making prop trading accessible to millions of Telegram users.

Upscale — A New Chapter in Prop Trading

Prop trading has been a growth tool for professional traders in traditional finance. Today, Upscale brings this model into Telegram, providing access to capital and professional conditions where the crypto community already lives and evolves.

Everything is changing — trading formats, platforms, and growth models. But one thing remains unchanged — the opportunity to grow with the market. Upscale makes this path easier: no extra barriers, no clunky interfaces, and no compromises between convenience and quality.

Seamless access via Telegram, up to $100,000 under management, transparent terms, and 24/7 support — all of this forms a new standard of prop trading that becomes part of the Storm ecosystem.

Upscale App | News Channel | GitBook: How to Start with Upscale | X (Twitter)

The post Introducing Upscale: The First StarsFi Prop Trading Platform on Telegram appeared first on BeInCrypto.