Solana Slips Below $90 as Capital Rotates Away From Mid-Cap Crypto
Solana falls to $89.01, down 3.74% on the day, as broader risk-off sentiment and capital rotation pressure mid-cap crypto assets on May 15.
Press ESC to close
Ahmet Lütfi Tarkan is a Senior System Specialist and Crypto Market Analyst based in Cyprus. With extensive experience in server infrastructure, hosting systems, and blockchain node operations, he brings a technical-first perspective to cryptocurrency market analysis. His hands-on background in distributed systems and web infrastructure gives him a grounded understanding of how blockchain networks function at the protocol level. At CoinMindAI, he covers Bitcoin price analysis, on-chain metrics, and crypto market developments, focusing on data-driven insights over speculation.
Solana falls to $89.01, down 3.74% on the day, as broader risk-off sentiment and capital rotation pressure mid-cap crypto assets on May 15.
Bitcoin steadies above $81,000 with a modest 0.29% gain as buyers maintain control of a fragile but firm recovery structure.
XRP gained 1.22% to $1.46 as dollar softness and renewed Fed easing bets drove fresh demand across crypto, with volume topping $2.1 billion on the session.
Seven of the world's largest bitcoin mining pools, collectively controlling nearly 75% of global hashrate, have formally joined the Stratum V2 working
SEC Chair Paul Atkins called for new securities rules covering blockchain settlement, onchain trading systems, and AI-powered finance at a Washington expo.
Bitcoin declined 1.65% to $79,686 as institutional positioning showed signs of weakness while options markets reflected growing caution among traders.
AWS has launched Amazon Bedrock AgentCore Payments, enabling autonomous AI agents to spend stablecoins on APIs, data feeds, and digital services in real
Kraken parent Payward will acquire Hong Kong-based Reap Technologies in a $600 million cash-and-stock deal, marking the exchange's first infrastructure
Bitcoin edges higher near $81,521, with softening dollar conditions and rising rate-cut expectations providing a tailwind for risk assets including crypto.
Solana gained nearly 5% on Wednesday, touching $88.94 intraday as traders rotated back into large-cap Layer-1 assets on improving market sentiment.