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Fox Business reporter Eleanor Terrett highlighted key crypto developments in a recent broadcast, including the Fed Chair nominee’s personal crypto bets, Tether‘s expansion into Solana (SOL) DeFi ecosystems, and fresh SEC guidance on digital assets. Guests included OnRe’s @Ayyanrahman, Paxos Labs’ Bhau Kotecha, and Plume’s @banamlas, discussing these shifts amid ongoing regulatory scrutiny.
Shifting to SOL technicals on the 4-hour chart, price action screams controlled bullishness with the token grinding at $90.26 right inside volatility bands—upper resistance caps at $91.0 while lower support holds firm at $81.3. You’ve got EMA50 at $85.13 and EMA200 at $84.83 acting as rock-solid long-term floors, confluence here with MACD flashing a golden cross at 1.49 signaling fresh upside conviction. RSI sits neutral at 68.19, not overbought yet, so expect a quick test of that upper band before any pullback to EMA supports; this setup aligns perfectly with Tether‘s DeFi push, potentially fueling SOL price prediction models toward higher targets if Bitcoin (BTC) maintains its hype-driven rally.
These moves underscore broader crypto market trends, where regulatory clarity from the SEC could stabilize DeFi integrations like Tether on SOL, drawing institutional flows amid lingering volatility risks.
