Core Insights - Solana's price is trending higher overall, but near-term risks are emerging due to the formation of an ascending wedge, which often indicates a potential pullback [1] - Despite strong investor participation and a significant increase in new addresses, existing holders are exerting more influence on price action, leading to a potential decline [4][5] Group 1: Network Activity - The number of addresses conducting transactions on Solana has surged, with over 8 million new addresses joining the network in a single day, indicating substantial demand for SOL [2][3] - This growth reflects Solana's expanding ecosystem appeal, driven by DeFi activity, memecoins, and high-throughput applications [3] Group 2: Price Action and Projections - Solana's price is currently around $144, within an ascending wedge that suggests a potential decline of 9.5%, targeting a downside near $129 [6] - Weakening momentum indicators suggest that a confirmed breakdown could push SOL towards $136 initially, with further support at the $130 level [7] - However, if investor sentiment improves and selling pressure eases, SOL could rebound from the wedge's lower trend line, with a move above $146 indicating renewed strength [8]

Core Viewpoint - Changpeng "CZ" Zhao, co-founder of Binance, cautioned followers against investing in random memecoins inspired by his social media posts, emphasizing that such actions are likely to result in financial losses [2][3]. Group 1: CZ's Warning - CZ stated that while he is not against memecoins, individuals are "guaranteed to lose money" if they impulsively invest in every coin created based on his tweets [2][3]. - He clarified that his tweets are often made in jest and not intended to promote any specific memecoin [2][3]. Group 2: Historical Context - CZ's social media activity has previously triggered significant memecoin trends, such as the creation of tokens named after his dog, which saw one token, CZ's Dog (BROCCOLI), drop over 85% since its launch [4]. - In 2024, CZ expressed concerns about the rise of memecoins, urging the cryptocurrency community to focus on developing meaningful blockchain applications instead [5]. Group 3: Investment Strategy - CZ suggested that instead of investing in memecoins, individuals should consider holding BNB and contributing to the BNB Chain ecosystem [3]. - He has not launched any official token related to himself, indicating a preference for building rather than speculative trading [5].

Which narrative do you think will dominate 2026? 👀• AI• DeFi• RWAs• Memecoins• Others ...

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Which narrative do you think will dominate 2026? 👀• AI• DeFi• RWAs• Memecoins• Others ...

RT Mikli (@CryptoMikli)Threadguy explains how Ansem SINGLE HANDEDLY altered the course of Crypto history“The mythical Ansem RT has put more products in front of the eyes of millions and created more traders and influencers than any single Twitter account ever. You could arguably pinpoint billions, even trillions of dollars of inflows just from the Ansem RT”“Probably the singular staple of Crypto Twitter and the most important account to ever exist in our industry. I’m not sure who I am without Ansem, or wha ...

Trump and Melania memecoins were terrible for our industry.We are paying for it now.But it gives them skin in the game to push crypto to win long term ...

RT Kyojin.sol (@Kyojindoteth)Last 24h on Solana, courtesy of @Orb_Markets:• Coinbase BTC is the most traded major asset after SOL• $TRUMP leads memecoins with $28.6M in volume• $WET tops DeFi tokens with $10.2M in volume• SpaceX pre-IPO shares are the most traded equities with $4M in volumeThe everything chain ...

Every cycle has its stories.📊 2025 belonged to #AI narratives and #memecoins.👀 Which one had your attention this year? https://t.co/3NaWZcD5Na ...