Author: liam

Liam writes about Web3 and decentralized finance, focusing on how protocols, applications, and governance models are used in practice. His coverage centers on real adoption, integration, and the mechanics behind decentralized systems.Market developments and regulatory context are part of his reporting when they intersect with Web3 or DeFi activity.

Solana’s (SOL) price remains under sustained distribution pressure, trading near the critical $90 support level following a sharp global market sell-off. Despite this retreat, technical analysis reveals a descending wedge formation on the daily chart, suggesting that Solana accumulation by strategic investors continues to strengthen at significantly undervalued price levels.

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Tether, the issuer of the $185 billion USDT stablecoin, has dramatically scaled back its private fundraising ambitions following a lukewarm reception from global institutional backers. According to reports from Lockridge Okoth, the firm faced significant pushback while attempting to justify a Tether valuation of $500 billion, effectively cooling immediate speculation regarding a potential 2026 IPO.

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