Ethereum developers have raised the blob limit for a second time in recent 
weeks, a move that will allow more transactions to be batched via rollups, 
making them cheaper.

Ethereum blob limit bumps up to 21, boosting network scalability

Crypto prices today declined slightly as the market saw investors take profit 
following early 2028 gains. The total crypto market capitalization slipped 
0.8% to $3.27 trillion. Bitcoin was trading at $92,660 at press time, down 
1.4% over the past 24…

Crypto prices today (Jan. 7): BTC, ADA, ZEC, XLM dip amid profit-taking after 2026 gains

Solana started a fresh increase above the $135 zone. SOL price is now 
consolidating above $135 and might aim for more gains above the $140 zone. SOL 
price started a fresh upward move above the $135 and $138 levels against the 
US Dollar. The price is now trading above $135 and the 100-hourly simple 
moving average. There is a contracting triangle forming with support at $138 
on the hourly chart of the SOL/USD pair (data source from Kraken). The pair 
could extend gains if it clears the $140 resistance zone. Solana Price Eyes 
Another Increase Solana price started a decent increase after it settled above 
the $130 zone, like Bitcoin and Ethereum. SOL climbed above the $135 level to 
enter a short-term positive zone. The price even smashed the $140 resistance. 
The bulls were able to push the price above $142. Recently, there were a 
couple of swing moves and the price dipped below the 50% Fib retracement level 
of the recent upward move from the $136 swing low to the $141 high. Solana is 
now trading above $138 and the 100-hourly simple moving average. Besides, 
there is a contracting triangle forming with support at $138 on the hourly 
chart of the SOL/USD pair. On the upside, the price is facing resistance near 
$140. The next major resistance is near the $142 level. The main resistance 
could be $145. A successful close above the $145 resistance zone could set the 
pace for another steady increase. The next key resistance is $150. Any more 
gains might send the price toward the $155 level. Downside Break In SOL? If 
SOL fails to rise above the $142 resistance, it could start another decline. 
Initial support on the downside is near the $138 zone, the trend line, and the 
76.4% Fib retracement level of the recent upward move from the $136 swing low 
to the $141 high. The first major support is near the $136 level. A break 
below the $136 level might send the price toward the $130 support zone. If 
there is a close below the $130 support, the price could decline toward the 
$120 support in the near term. Technical Indicators Hourly MACD – The MACD for 
SOL/USD is losing pace in the bullish zone. Hourly Hours RSI (Relative 
Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support 
Levels – $138 and $136. Major Resistance Levels – $140 and $142.

Solana (SOL) Holds Support Post-Gains, Testing Bull Conviction

According to Beaconcha.in data and market reports, the Ethereum validator exit 
queue has shrunk to just 32 ETH, with a wait time of about one minute. That is 
a steep drop from its mid-September peak of 2.67 million ETH — a fall of 
almost a hundred percent. Markets often react when locked assets are freed up 
for sale. Right now, that specific source of immediate selling seems to have 
faded. Related Reading: Crypto Users Lose Far Less To Phishing As Losses Drop 
83% – Details Validator Exit Queue Near Empty The exit mechanism limits how 
fast validators can stop validating and pull out their full stake. With the 
queue near zero, there is no backlog waiting to cash out. That reduces one 
form of nervous selling. Validators still earn rewards while queued and can 
face penalties if they act badly, but the bottleneck that once forced slow 
exits is gone. Reports show the withdrawal process for partial payouts remains 
separate, and those smaller payouts continue without affecting the full-exit 
flow. Entry Queue Hits Fresh Highs Based on reports, the entry queue has 
climbed to about 1.3 million ETH, its largest level since mid-November. Large 
operators are sending chunks of ETH into staking. BitMine began staking on 
Dec. 26 and added 82,560 ETH to the queue on Jan. 3. The firm now lists 
659,219 ETH staked, worth roughly $2.1 billion at current prices. BitMine’s 
wider holdings stand at just over 4.1 million ETH, representing about 3.4% of 
the total supply and valued near $13 billion. Those moves add real, measurable 
demand for staked Ether and help explain why fewer validators appear eager to 
leave. Exchange Balances And Liquidity Exchange reserves for ETH sit at multi- 
year lows. That matters because when fewer coins are parked on trading 
platforms, automatic or panic selling becomes harder to pull off. Traders and 
analysts point to this as a reason selling pressure is easing. Some industry 
figures have been quoted saying the exit queue is “basically empty,” and that 
selling pressure is drying up as staking outpaces withdrawals. Still, the 
market can move by other means — derivatives, lending desks, and off-exchange 
trades can shift exposure without touching the staking queues. BULLISH: $ETH 
surpasses Netflix to reclaim its position as the 36th-largest asset by market 
cap. pic.twitter.com/NetdCcdtSa — CoinGecko (@coingecko) January 6, 2026 
Market Cap Milestone And What It Means Meanwhile, in another development, 
market watchers also noted that Ethereum has moved past Netflix to be the 
36th-largest asset by market cap. That headline grabs attention. It says 
something about investor focus on blockchain assets right now. Related 
Reading: Bitcoin Wealth Isn’t About Hype—It’s About Time And Stacking, Expert 
Says But crossing a market-cap threshold is not the same as a direct reason to 
buy. Valuation rankings change often, and they can be driven by price moves 
that are themselves shaped by flows, news, or macro shifts rather than a 
change in the underlying business. Featured image from Pexels, chart from 
TradingView

Ether Staking Heats Up As Entry Queue Hits 1.3 Million ETH

Ripple says it has no plans for an initial public offering after strong 
fundraises, choosing to focus on execution instead. Ripple does not have a set 
timeline to go public and plans to remain private as it focuses on scaling…

Cryptocurrency price in USD