The Solana price tested the psychological level of 100 dollars on February 2, 2026, coinciding with deeply oversold technical readings across major timeframes. According to market reports, this historic demand zone is once again attracting interest from traders and institutions looking to capitalize on a potential trend reversal.
Author: chloe
chloe
Chloe Adams writes about the infrastructure layer of crypto: Bitcoin, Ethereum, Layer 1 networks, stablecoins, DeFi and the regulation shaping how these systems are used. At BlockchainJournal, she pays close attention to protocol upgrades, network activity and adoption claims, separating meaningful ecosystem progress from technical noise or premature conclusions.When relevant, she also tracks regulatory developments and market reactions tied to core blockchain systems.
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On Tuesday, Bitcoin maintained sideways price action near $76,000, coinciding with Matt Hougan’s recent remarks regarding the 2025 crypto winter. The Bitwise executive stated that this bearish phase is closer to ending than many market participants currently believe. Meanwhile, gold attempted to strongly reclaim the key psychological milestone of $5,000 per ounce.
Following one of the largest liquidation events on record in the crypto market, the Cardano price has retraced to the $0.2775 level. This zone, identified by analyst Harvey Hunter as a crucial turning point, has historically served as a launchpad for significant bullish movements since late 2023, marking a proving ground for the asset’s resilience.
BitMine Immersion chairman Tom Lee defended this week the more than $6 billion in unrealized losses on its balance sheet, describing them as an expected outcome. According to the executive, his Ethereum treasury strategy is designed to track the asset’s price and outperform it over a full market cycle, without representing any operational failure or execution flaw.
Zcash (ZEC) experienced a dramatic drop in activity, directly impacting its price and reaching multi-month lows. Trading activity plummeted by 70%, including a 97% decrease in outflows from exchanges.
The merger of SpaceX and xAI, which consolidates a total market capitalization of $1.25 trillion, alters how corporate treasuries must value Bitcoin when trading. The combined entity inherited a long-standing Bitcoin position that will now be measured according to newly implemented accounting standards, a change with direct consequences for reported results.
Opera’s shares reached new highs after its wallet, MiniPay, integrated USDT and Tether’s XAUT. In a single day, the price of each share rose 18% at its peak and closed the day with gains of nearly 13%. This move will increase the wallet’s transaction volume and solidify its position as a potential avenue for broader payments and revenue opportunities.
Crypto infrastructure provider Fireblocks has announced integration with the Canton Network, a blockchain built for regulated markets that emphasizes privacy, interoperability and scalability, enabling financial institutions to custody and settle tokenized assets in a compliant, enterprise-grade environment.
The crypto financial services firm Galaxy Digital, led by Mike Novogratz, reported a net loss of $482 million during the fourth quarter of 2025. Following the announcement, the company’s shares experienced a drop of over 6% in pre-market trading, hovering around $24.70 per share, reflecting investor sensitivity to the negative quarterly results despite the company’s solid overall balance sheet and cash position.
The digital assets unit of Deutsche Börse Group, 360T, recently announced a strategic partnership with the Austrian platform Bitpanda to expand institutional access to crypto assets across the European continent. Through this agreement, both entities will integrate their technological infrastructure to facilitate banks and financial firms operating in compliance with MiCA, strengthening the regulated digital ecosystem significantly.
