SOL price today is trading 2% down amid the broader crypto market selloff, slipping under $170 levels. Following a rejection at $185 resistance, Solana has corrected nearly 10%, however, on-chain data shows the possibility of a strong upside moving ahead. Market analysts are hopeful that this rally can continue moving ahead all the way to $350, provided the altcoin knocks off key resistances on its path. SOL Price Prediction: Analysts Eye $350 as Key Milestone Despite the recent pullback in Solana, the crypto community remains bullish as the altcoin shows the preparedness to break past its accumulation zone of $115-$190. Market analyst Crypto Spaces noted that once SOL price crosses the critical resistance of $200, the next major target of $350 would come very early. Source: Crypto Spaces This potential rally is drawing attention from traders, with the surge in engagement activity, including rising demand for Solana meme coins. Amid… Read More at Coingape.com
NFT News:- NFT market has seen significant downturn in Q1 2025. The total sales volume has dropped by 63% to approximately $1.5 billion.
As the NFT sales volumes keep sliding, a new partnership in the space is trying to bring something new for the users. The layer-2 blockchain, Mint, which connects global consumers with NFTs, has integrated data layer Noves.
For NFT builders, this means that NFT transactions would become human readable directly on-chain.
Noves is a leading blockchain data-layer provider which will now be integrated with Mint Blockchain—an Ethereum Layer-2 network.
The announcement was made via Noves’s official X account. The Noves-Mint partnership aims to elevate user clarity and safety by translating raw transaction data into plain English before execution.
What are the benefits of the Partnership for NFT Users
At the heart of this integration are three core features:
1. Human-readable NFT transactions. This will be done by converting opaque hexadecimal call data into succinct, understandable descriptions in plain english.
2. Pre-sign safety simulations: It will enable users to preview potential outcomes – including multicall and ERC-4337 wallet interactions -before committing gas.
3. Real-time on-chain pricing: This will provide up-to-the-second NFT valuations within transaction flows to prevent slippage and mispricing.
Instant clarity
Translate API turns raw calls into plain-English actions like “Minted [BC721 eNFT]” or “Claimed royalty,” so dashboards, wallets & explorers show meaning, not hex.
Technically, Noves’s Translate API serves as the translation engine. They parse blockchain events, function calls, and metadata URIs to generate human-friendly messages.
Mint Blockchain launched its mainnet in May 2024 and hosts over 100 dApps with 6 million+ wallets. It will embed these Noves tools natively into its SDKs and JSON-RPC endpoints.
Early adopters among Mint builders include emerging NFT marketplaces and DeFi dashboards. Many of these report that human-readable previews reduce transaction support inquiries by over 40% during internal testing.
First in the Market!
Wallets and block explorers have long offered post-hoc decoding. But this marks one of the first on-chain, protocol-level implementations of read-before-you-send clarity. Noves and Mint are embedding translation logic directly into transaction pipelines.
This will avoid reliance on third-party services—reducing attack surfaces and central points of failure.
With the declining market, this can come as a crucial step toward broader NFT adoption.
By demystifying transaction payloads, users can gain confidence in executing complex operations. This will be especially for those involving bundled calls, custom contracts, or layered DeFi protocols.
Declining NFT Market
Further, improved transparency is expected to boost Mint’s on-chain activity. It may also set a template for other Layer-2 networks seeking to differentiate via UX innovations.
The Noves–Mint partnership can also help in reducing user errors, curb phishing attacks, and foster trust in decentralized applications.
Thus, ass on-chain ecosystems grow ever more complex, bringing human readability to transaction flows can serve as a boost for the NFT market.
FORM, the token formerly known as BinaryX (BNX), has climbed nearly 20% over the past 24 hours. The surge has propelled it to outperform Bitcoin (BTC) and Ethereum (ETH), positioning FORM as the top gainer in today’s trading session.
The strengthening demand for the altcoin could extend these gains in the short term.
FORM’s Rally Gains Steam
At the time of writing, FORM trades at $2.54. Key technical indicators suggest this upward movement could be more than a short-term spike. These signals point to a sustained rally, which could push FORM to revisit its all-time high of $2.65, a level it previously reached on March 24.
For example, the token currently trades above its Supertrend indicator, which forms dynamic support below its price at $2.11. This indicator tracks the direction and strength of an asset’s price trend. It is displayed as a line on the price chart, changing color to signify the trend: green for an uptrend and red for a downtrend.
When an asset’s price trades above this indicator, it signals dominant buying pressure in the market, paving the way for sustained upward momentum.
For FORM, the Supertrend indicator provides strong dynamic support at the $2.11 level, holding against price dips and reinforcing the potential for continued gains.
Moreover, FORM’s Aroon Up Line confirms the strength of its uptrend. As of this writing, this is at 100%, reflecting significant buying pressure among market participants.
The Aroon Indicator measures the strength and direction of an asset’s trend by tracking the time since the highest and lowest prices over a given period. It comprises two lines: Aroon Up, which measures bullish momentum, and Aroon Down, which tracks bearish pressure.
When the Aroon Up line is at 100 or close, it signals a strong upward momentum and a dominant bullish trend. This suggests that FORM’s buying pressure is high, and its price may continue rising.
FORM Eyes Record Highs at $2.65 as Momentum Builds
FORM currently trades at $2.54, just 4% shy of its all-time high of $2.65, which forms resistance above its price. If bullish sentiment toward the altcoin soars, it could reclaim this price peak and attempt to rally beyond it to record new highs.
Ethereum (ETH) continues to trade below $2,000 for the fourth consecutive day as the cryptocurrency faces a record selling spree. The outlook for ETH is unlikely to change anytime soon, as indicated by the Net Taker Volume on-chain metric. So, expecting an Ethereum price bounce here, especially if Bitcoin (BTC) continues to trend lower, is highly unlikely.
Ethereum Price Today
Ethereum price today is down 1.71% and currently trades at $1,931. ETH’s year-to-date performance stands at -42%, showing that the lackluster and bearish price action of 2024 has spilled over to 2025. The upcoming staking approval from the US Securities and Exchange Commission (SEC) could be a catalyst that could trigger an uptrend, provided the overall crypto market outlook remains bullish.
Taker Volume Notes Record Selling Spree
According to CryptoQuant data compiled by Maartunn, the 30-day average of Net Taker Volume continues to drop, illustrating investors’ bearish outlook on Ethereum. This outlook also explains ETH’s 2025 YTD performance.
Taker volume refers to the trading volume generated by “takers,” market participants who execute orders immediately by taking liquidity from the order book via market orders instead of limit orders.
Ethereum Taker Volume 30D MA
Typically, a massive downtick in the taker volume indicator often coincides with potential bottoms that lead to quick, short-term reversals. However, this outlook is possible if the Bitcoin price and the macroeconomic conditions stop being bearish.
Should You Buy ETH Here?
According to AlphaExtract’s Global Liquidity Bands, ETH price has tagged the lower band, flashing a buy signal. The last time this indicator flashed a buy signal was in August 2024, which was followed by a four-month consolidation, followed by a parabolic rally to $4,000.
ETH Buy Signal
Will history rhyme? Should you buy ETH here? The chances of a potential rebound and bullish Ethereum price forecast here are good, but a better probability would be when Bitcoin price forms a stable bottom and stops crashing.
Key Support and Resistance Levels to Watch
Based on the weekly chart, the breakdown of the $2,000 to $2,200 support level has flipped it into a resistance zone. ETH price has already retested the $1,756 support level, a breakdown of which could lead to a revisit of $1,633, which has not been tagged since October 2023. In some cases, ETH’s value could also revisit $1,500.
On the other hand, a flip of $2,000 resistance level would allow ETH price to revisit $2,600, $2,768 and $3,000 blockades, all of which need to be overcome for a sustained uptrend.
ETH/USDT 1-week chart
Ethereum’s current outlook remains bearish, with on-chain metrics suggesting a continued downtrend, but a potential buy signal has been flashed, offering a glimmer of hope for a rebound.
