On Tuesday, a large Solana whale transferred 494,153 SOL—valued at approximately $72 million—to the Coinbase exchange, raising concerns over a potential sell-off.
Large exchange inflows like this often signal impending selling pressure, putting SOL’s recent gains at risk.
$72 Million in SOL Hits Coinbase, Weighing on Market Sentiment
According to Whale Alert, a SOL whale transferred 494,153 SOL valued at $72 million to Coinbase Institutional on Tuesday. Significant exchange inflows such as this mean that large investors are moving their holdings from private wallets to exchanges, often signaling an intent to sell.
This increased supply on exchanges can increase the downward pressure on the SOL price, especially if there is insufficient demand to absorb the selling. As a result, its price may decline in the near term, leading to further sell-offs.
Moreover, the coin’s negative weighted sentiment heightens the risk of this selloff. At press time, this key metric is below zero at -0.51.
An asset’s weighted sentiment analyzes social media and online platforms to measure the overall tone (positive or negative) surrounding it. It considers the volume of mentions and the ratio of positive to negative comments. When weighted sentiment is positive, it indicates more positive comments and discussions about the cryptocurrency than negative ones.
On the other hand, when it is negative, the overall market sentiment is bearish, with more negative commentary and pessimism outweighing positive discussions about the asset.
This trend can increase selling pressure in the SOL market, discourage new demand, and contribute to its price decline as traders react to the prevailing bearish outlook.
Will Solana Drop to $138 or Surge to $160?
At press time, SOL trades at $145.84. If the whale selloff prompts retail traders to distribute their coins, SOL’s price may plummet to $138.84.
However, on the daily chart, SOL bulls appear ready to defend key levels. Readings from technical indicators, including the Parabolic SAR, suggest that buying momentum is gaining strength.
At press time, the dots that make up this momentum indicator rest below SOL’s price, offering dynamic support. When an asset’s Parabolic SAR is set up this way, it signals a bullish trend. It hints at the possibility of a rally in SOL’s price in the short term. If this happens, the coin could exchange hands at $160.34.
Cardano’s price has surged by almost 10% over the past week amid the current broader market recovery. This surge is fueled by Cardano’s increasing network activity and long-term holding trends, indicating growing investor confidence.
With the broader market in recovery mode and on-chain fundamentals strengthening, ADA’s current setup suggests the potential for a sustained upside.
ADA Accumulation Grows as Traders Show Strong Conviction
ADA’s demand has soared over the past week, as reflected by the steady surge in the daily count of active addresses on the Cardano network. According to IntoTheBlock, this has risen by 12% over the past seven days, indicating a gradual uptick in the demand for the Layer-1 coin.
This trend is a bullish signal, as it highlights growing investor interest in ADA and could drive its sustained price rally.
Moreover, new demand for the altcoin has also climbed. According to IntoTheBlock, the number of new addresses on the Cardano network has increased by 5% during the review period.
When ADA sees a gradual increase in new demand like this, it indicates the entry of new investors or traders into the market. This leads to higher trading volumes and liquidity, which in turn drives up the coin’s price.
Further, ADA investors have increased their holding time, signaling that the bullish momentum toward the altcoin is growing. According to IntoTheBlock, it has increased by 78% over the past week.
An asset’s holding time measures the average duration its coins/tokens are held before being sold or transferred. This bullish trend marks an ADA accumulation phase, with traders less inclined to sell.
It reflects strong investor conviction, as ADA investors choose to hold on to their coins rather than sell. Also, it could help reduce the selling pressure in the ADA market, driving up its value in the short term.
ADA Bulls Target Higher Gains
ADA trades at $0.76 as of this writing, extending its gains by 4% over the past day. On the daily chart, the coin’s Relative Strength Index (RSI) is in an upward trend at 52.11, confirming the buying activity.
The RSI indicator measures an asset’s overbought and oversold market conditions. It ranges between 0 and 100, with values above 70 indicating that the asset is overbought and due for a decline. Conversely, values below 30 indicate that an asset is oversold and due for a rebound.
At 52.11 and climbing, ADA’s RSI readings suggest strengthening bullish momentum as buying pressure builds. If accumulation continues, the coin’s price could reach $0.97.
Made in USA Coins are gaining traction heading into the final week of May, with AVA, Solana (SOL), Pi Network (PI), Uniswap (UNI), and Worldcoin (WLD) all drawing attention. AVA surged nearly 10% amid renewed AI interest, while SOL saw rising institutional accumulation despite ETF delays.
PI rebounded above $0.80 as momentum builds despite lingering ecosystem concerns. Meanwhile, UNI faces legal pressure from Bancor, and WLD remains in the spotlight following regulatory challenges and a U.S. expansion push.
AVA
AVA is the native token of Holoworld, an AI-powered storytelling platform designed for creators, brands, and developers.
The ecosystem enables users to craft immersive experiences using customizable AI avatars, lifelike animations, and voice-based interactions. It claims to have over 1 million users and tens of millions of interactions.
Originally launched on Solana’s PumpFun launchpad, AVA currently holds a market cap of around $65 million and has climbed nearly 10% in the last 24 hours amid renewed interest in AI-themed tokens.
Technical indicators are turning bullish, with AVA’s EMA lines suggesting a golden cross could form soon. If this momentum holds, the token could rise to challenge resistance at $0.069, and a breakout may open the path toward $0.0919 and even $0.015.
However, if bullish momentum fades and the $0.060 support level fails, the token could retrace to $0.0519, and potentially fall to $0.047 or even $0.0417 if the downtrend intensifies.
Solana (SOL)
Solana is seeing increased accumulation from institutional investors in May 2025. Whales have staked large amounts, and some have invested millions into Solana-based assets.
Over 65% of SOL’s supply is now staked. Q1 app revenue reached $1.2 billion, the highest in the past year, showing strong ecosystem growth.
Despite a quiet altcoin market, analysts are comparing Solana’s structure to Ethereum’s in early 2021. On-chain inflows and developer activity continue to rise.
Meanwhile, the SEC delayed its decision on five Solana ETF proposals, pushing the timeline to mid-2025. Still, SOL rose 2.7%, showing resilience.
Technically, SOL is holding support at $164. If this holds, it could test $176.83 and $184.86. If $164 fails, the next supports are $159.48, $154, and $141.
Pi Network (PI)
Pi Network has faced several major setbacks since its mainnet launch in February 2025, quickly becoming one of the most hyped Made in USA coins. These include a lack of Binance or Coinbase listings, poor price performance, and unfulfilled ecosystem promises. Despite 86% of the community voting for a Binance listing, no listing has occurred.
Still, PI is showing signs of short-term strength. It’s up nearly 10% in the past 24 hours, breaking above the $0.80 mark. Its market cap is nearing $6 billion again, and EMA lines suggest a golden cross could form soon.
If the momentum holds, PI could test resistance at $0.96. A breakout could open room for rallies toward $1.30 and $1.67.
However, if the uptrend fades, PI could retrace to $0.66. If that level fails, the next supports are $0.57 and lower.
Uniswap (UNI)
Bancor has filed a patent infringement lawsuit against Uniswap, claiming that the leading DEX used its patented automated market maker (AMM) technology without permission.
Bancor says it developed and patented the constant product AMM model back in 2017, a structure Uniswap later adopted for its own protocol. The lawsuit, filed in New York, seeks compensation from both Uniswap Labs and the Uniswap Foundation, making UNI one of the most interesting Made in USA coins to watch next week.
Meanwhile, UNI is trading near a key support level at $5.94.
If this level fails, it could drop to $5.649 and even $5.43. On the upside, a momentum recovery could send UNI back to test $6.329. If broken, further resistance lies at $6.52 and $7.36.
Worldcoin (WLD)
AI-related tokens have been attempting a broader recovery in recent weeks, and Worldcoin (WLD) has remained a focal point during this period. The project has faced both regulatory setbacks and notable expansion efforts, keeping it in the spotlight in the last weeks.
Around the same time, Indonesia suspended its operations over regulatory and certification concerns. Despite these headwinds, Worldcoin recently launched in six major U.S. cities and revealed plans to distribute 7,500 biometric verification devices across the country.
WLD is up 6.8% in the past 24 hours, showing signs of a short-term rebound. Its EMA lines suggest a golden cross could form soon, which would be a bullish technical signal.
If momentum holds, WLD could climb toward $1.19, and if that resistance breaks, extend gains to $1.36. However, if the token fails to hold above $1.11, it could slide to $1.05—and possibly dip below $1 if bearish pressure accelerates.
NYSE Arca, the digital arm of the New York Stock Exchange, has submitted a rule change proposal to the US Securities and Exchange Commission (SEC) to list and trade shares of Truth Social Bitcoin and Ethereum ETF. According to the 19-b4 form, the proposed ETF’s ticker symbol is BT.
The SEC review process will begin after the 19b-4 form is posted on the Federal Register. This can take as little as 45 days or may be extended up to 240 days.
NYSE Arca Submits 19b-4 For Trump Media’s Bitcoin and Ethereum ETF
“Pursuant to the provisions of Section 19(b)(1) of the Securities Exchange Act of 1934, as amended (the “Act” or the “’34 Act” or the “Exchange Act”) and Rule 19b-4 thereunder,2 NYSE Arca, Inc. (“NYSE Arca” or the “Exchange”) proposes to list and trade shares of the following under NYSE Arca Rule 8.201-E: Truth Social Bitcoin ETF, B.T. (the “Trust”),” the filing reads.
The latest filing comes over a week after a Form S-1 registration statement was filed with the SEC. As per the filing, the Truth Social Bitcoin and Ethereum ETF will initially have a 3:1 ratio of Bitcoin to Ethereum holdings
This means that for every unit of ETH held, the Trust will hold approximately three times that amount in BTC. However, the sponsor has the discretion to adjust this allocation over time.
“The purpose of the Trust is to own Bitcoin and Ether transferred to the Trust in exchange for Shares issued by the Trust. Each Share represents a fractional undivided beneficial interest in the net assets of the Trust,” the S-1 noted.
Furthermore, cryptocurrency exchange Crypto.com is the custodian, prime execution agent, and liquidity provider. The licensor of the Bitcoin and Ethereum ETF is Trump Media and Technology Group Corp.
The entity operates the social media platform Truth Social. Meanwhile, Yorkville America Digital is the ETF’s sponsor.
Notably, this is Truth Social’s second ETF filing, signaling an aggressive push to diversify its portfolio beyond social media. Earlier this month, NYSE Arca filed a 19b-4 to list a Bitcoin-only Truth Social Bitcoin ETF. The SEC has until January 29, 2026, to decide on this BTC ETF.
