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Solana flashes first SuperTrend buy signal since October with $78 breakout
Edgen Crypto·Jul 16 2026, 08:31Share to
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[1] Solana (SOL) Price: First SuperTrend Buy Signal Since October Sparks Rally Hopes (https://blockonomi.com/solana-sol-price-first ...)[2] Solana (SOL) Price Flashes First Major Buy Signal Since October: What Comes Next? - CaptainAltcoin (https://captainaltcoin.com/solana-sol-flashes ...)[3] Solana flashes buy signal, but key resistance levels keep recovery in check | Bitget News (https://www.bitget.com/amp/news/detail/125606 ...)[4] Solana flashes buy signal, but key resistance levels keep ... (https://ambcrypto.com/solana-flashes-buy-sign ...)[5] Solana Surges as a Massive $250M Mint Jolts the Market (https://financefeeds.com/solana-surges-as-a-m ...)
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Jul 16 2026, 12:12
DeltaDeFi halts operations, becoming first Cardano Hydra DEX to shut
DeltaDeFi suspended operations indefinitely on July 16 after exhausting its operational runway, removing the first Hydra-powered decentralized exchange from Cardano's ecosystem. The team confirmed that development and active platform maintenance will remain paused until further notice. "The decision follows a period of operational constraints that left the project without sufficient resources to continue," DeltaDeFi said in its announcement. The team plans to evaluate possible strategies before considering any future restart. Unlike most Cardano DEXs that rely on automated market makers, DeltaDeFi adopted an order-book model powered by Hydra, Cardano's Layer-2 scaling solution. The platform offered sub-second transaction settlement and high-speed trade execution, aiming to deliver a trading experience closer to traditional financial markets. Hydra recently released version 2.2.0 with benchmarking improvements and optimized snapshot latency, though those protocol upgrades remain separate from DeltaDeFi's operational decision. The shutdown adds to a growing list of Cardano projects that have scaled back or exited in recent months, including JPG Store, TapTools, and contributor Chicken. Common themes across these projects include limited funding opportunities, rising operating costs, and prolonged market weakness. Each project faced its own circumstances, but the pattern raises questions about developer sustainability across Cardano despite ongoing protocol upgrades. The loss of DeltaDeFi removes one of the most visible demonstrations of Hydra's DeFi capabilities. Cardano's Layer-2 scaling roadmap now lacks a live trading platform to showcase its technology, potentially affecting developer confidence in building on the network. Competitors on Ethereum Layer-2s such as Arbitrum and Optimism, as well as Solana, continue to attract DeFi activity with established protocols and deeper liquidity pools. DeltaDeFi said remaining user funds will be returned when sufficient minimum UTXO becomes available. Users who do not receive automatic withdrawals can contact the team through X or Discord, which will remain active during the suspension period. The team said it will review recovery options before considering any future restart. This article is for informational purposes only and does not constitute investment advice.
Jul 16 2026, 12:06
Stable leads 30-day TVL growth as Monad hits $621M on Aave
Stable posted 19.70% 30-day TVL growth, the highest among all blockchains, while Monad reached $621 million after Aave's deployment, DefiLlama data shows. DefiLlama data shows Stable's DeFi TVL stands at $33 million, while its bridged TVL exceeds $129 million — a gap suggesting significant capital is parked on the chain but not yet deployed into yield-generating protocols. Monad's catalyst was clear. Aave V3 launched on the EVM-compatible Layer 1 on July 2, attracting $83.5 million in deposits on its first day and crossing $100 million within 48 hours. The Monad Foundation allocated $15 million in incentives for early adopters. The Aave market on Monad supports 12 assets including USDT, USDC, WETH, cbBTC, and Aave's native stablecoin GHO. One asset, syrupUSDC, accounts for roughly 43% of the total TVL in the Aave Monad market. The 38% utilization rate in Aave's Monad market is the key metric to watch. Healthy lending markets typically see utilization between 40% and 80%. If borrowing demand picks up as more protocols deploy on Monad, the ecosystem's growth looks sustainable. If utilization stays low and syrupUSDC continues to dominate deposits, the $621 million TVL figure may prove fragile. Monad's TVL trajectory was steep even before Aave. The chain grew from roughly $80 million in November 2025 to more than $400 million by April 2026, according to DefiLlama. The Aave deployment then pushed it to $621 million, placing Monad among the fastest-growing Layer 1s by absolute TVL inflow over the past eight months. Stable presents a different risk profile. A $33 million DeFi TVL means the chain is early, with thinner liquidity and fewer audited protocols than established competitors. The 19.70% monthly growth rate is impressive on a percentage basis, but it does not take much capital movement to shift the numbers at that scale. The $129 million in bridged TVL versus $33 million in active DeFi usage suggests capital is parked on the chain but waiting for yield opportunities to emerge. For investors tracking the DeFi landscape, the divergence between these two chains illustrates a broader trend: capital is rotating toward emerging L1s and L2s that offer either blue-chip protocol integrations or early-mover yield opportunities. Ethereum still holds more than $50 billion in total DeFi TVL, and Solana's ecosystem exceeds $8 billion, according to DefiLlama. But the growth rates on newer chains — Monad at $621 million from near-zero in under a year, Stable leading all chains in 30-day percentage growth — signal shifting developer attention and liquidity flows. The sustainability of these inflows will depend on whether borrowing demand catches up to deposit supply. For Monad, the 38% utilization rate in Aave's market is the number to watch in the coming weeks. For Stable, the bridged-to-DeFi TVL ratio will show whether capital starts moving from parking to production. This article is for informational purposes only and does not constitute investment advice.
Jul 16 2026, 12:03
Bitcoin's top call option slips to $70K as traders lower price ceiling
**Bitcoin options traders reset their bullish bets $10,000 lower, reflecting a more cautious outlook for the largest cryptocurrency's near-term ceiling.** Bitcoin's most popular call option strike price dropped to $70,000 from $80,000, with open interest exceeding $1.6 billion, as of 14:00 UTC on July 16. The $70,000 strike now holds the highest open interest among all Bitcoin call options on Deribit, according to exchange data, surpassing the $80,000 strike that dominated for much of June. Bitcoin traded at $64,174 as of 14:30 UTC, down 1.1 percent from 24 hours earlier, after briefly touching a three-week high of $65,500. Profit-taking and renewed geopolitical tensions after Iranian strikes on U.S. bases in the Gulf triggered the pullback, CoinGecko data show. The retreat coincided with $59 million in combined outflows from Bitcoin and Ethereum products as traders rotated into stablecoins. The concentration of open interest at $70,000 creates a technical barrier: dealers hedging large call positions tend to sell futures or spot as prices approach the strike, acting as a brake on upward momentum. With the 30-day implied volatility index at 38 percent, a level that has historically preceded renewed turbulence, Bitcoin faces a narrower path to reclaiming its March highs. A bull call spread targeting $72,000 by the end of July recently crossed the tape on Deribit, suggesting some traders still see upside. But the broader options market tells a different story. The migration of the most popular strike from $80,000 to $70,000 implies the market now views $70,000 as the upper boundary, with $60,000 serving as the floor. The shift comes as macro headwinds compound. U.S. inflation data came in softer than expected, briefly lifting Bitcoin to $65,470 before long-term holders and whales took profits near resistance. The 30-day implied volatility reading of 38 percent, while below historical stress levels, has consistently preceded periods of heightened price swings, according to Deribit data. Ether underperformed, falling 1.7 percent to trade below $1,900, as bullish positions unwind. Open interest in ETH futures declined to 14.35 million ETH from a five-week high of 14.45 million ETH, suggesting long liquidation rather than fresh short selling. XRP futures saw open interest climb to a 10-day high of 2.21 billion XRP alongside a 0.6 percent spot decline, a combination that typically signals growing bearish exposure. This article is for informational purposes only and does not constitute investment advice.