PayPal says the U.S. Securities and Exchange Commission has ended its investigation into its PYUSD stablecoin without taking any enforcement action. In a regulatory filing on Apr. 29, PayPal confirmed the SEC had wrapped up its inquiry and decided not…

SEC ends investigation into PayPal’s PYUSD stablecoin

After reclaiming crucial levels, Solana (SOL) has been moving sideways within 
a key price range, with its next direction yet to be determined. However, some 
analysts suggest a breakout could kick-start a new bullish rally in the coming 
months. Related Reading: Monero (XMR) Price Jumps 50% Amid ‘Suspicious’ $330 
Million BTC Transfer – Details Solana Moves Within Key Range Amid its 15% 
biweekly recovery, Solana, one of the leading altcoins of this cycle, has 
attempted to reclaim a crucial resistance after recovering the $140 support 
for the first time since late February. Earlier this month, the cryptocurrency 
fell to a 14-month low of $95 amid the market retraces, which saw Bitcoin 
(BTC) and Ethereum (ETH) retest key horizontal levels. Since hitting its $293 
all-time high (ATH), SOL has retraced up to 63%, trading 50% below its January 
high at the time of writing. However, Solana climbed above some crucial ranges 
during the recent crypto market recovery. Over the past few weeks, the altcoin 
has successfully recovered the $120 and $130 support zones, breaking above the 
$140 resistance seven days ago, where the SOL price has been rejected since 
losing the level nearly two months ago. As a market watcher pointed out, 
Solana has been moving sideways, consolidating within the $145-$157 range for 
the past week. The trader noted that this range could decide SOL’s next 
direction, with a breakout above the upper boundary positioning the altcoin to 
retest higher levels. On the contrary ,if it breaks down this price range, the 
“next support level below at around $136,” which could also risk a drop to the 
$100-$120 support zones. However, Ali Martinez recently stated that Solana is 
forming a “textbook-perfect cup and handle pattern,” which could mark the 
start of a major rally for SOL. SOL Price Preparing For A Breakout? Analyst 
Alex from AMCrypto noted that Solana’s short-term downtrend is over after a 
recent breakout. He identified that SOL broke out of a seven-day falling wedge 
that formed within its current range, surging above the upper trendline on 
Monday. According to the analyst, “SOL could hit $170-$180 in the short term 
and most likely a new ATH by Q3/Q4,” based on its utility and demand. “It 
recently surpassed all other L1s and L2s combined in DEX volume, which shows 
its immense utility. Along with that, multiple companies are also raising 
funds to buy SOL, which will further add demand,” he explained. With the price 
attempting to hold the $150 mark, trader Lluciano_BTC considers the current 
level “a strong hold.” He highlighted that Solana’s uptrend “is only getting 
started” after breaking out of a multi-month falling wedge formation at the 
start of the month. Related Reading: Bitcoin To Explode To $210,000 This Year, 
Says Quant Powerhouse Presto According to the chart, SOL broke out of the 
pattern ahead of the sub-$100 correction, testing a key demand zone during the 
following pullback. After recovering the $120 mark, the altcoin has been in an 
uptrend, which eyes the $170 resistance as the next target. As of this 
writing, Solana trades at $149, a 1.1% increase in the daily timeframe. 
Featured Image from Unsplash.com, Chart from TradingView.com

Solana: Analysts Forecast Q3 ATH Rally As SOL Retests Make Or Break Level

As trade tensions heat up, JemLit mystery boxes offer consumers a clever 
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Hostile &amp; Political Act’ Trade disputes are escalating after Amazon was 
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driving up the cost of foreign-made goods for US-based consumers. As Trump’s 
tariffs continue to pressure consumer prices, JemLit – the best mystery box 
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JemLit – A Tariff-Free Luxury Goods Hack On JemLit, you can win high-end 
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Skip Trump Tariffs on Luxury Goods With High-End JemLit Mystery Boxes

On April 29, 2025, the European Securities and Markets Authority (ESMA) 
published guidelines to enhance supervisory practices for preventing and 
detecting market abuse in crypto assets under the Markets in Crypto Assets 
Regulation (MiCA). Tailored for National Competent Authorities (NCAs), the 
guidelines draw on ESMA’s experience with the Market Abuse Regulation (MAR) 
and address the […]

EU Securities Watchdog ESMA Issues Guidelines to Combat Market Abuse in Crypto Assets Under MiCA

XDC Labs and LayerZero Labs have announced a major collaboration that 
integrates LayerZero’s universal messaging protocol into the XDC Network, 
unlocking secure interoperability across dozens of blockchains. At XDC Tech 
Webinar 6.0, held virtually this month, XDC Labs and LayerZero…

XDC Network unlocks omnichain interoperability with LayerZero integration

During a panel discussion at Token2049, the founders of Real Vision, Pantera 
Capital and Ex Uno Plures talk about how the world is shifting towards crypto 
amidst piling global debt and economic uncertainty. On April 30 at Token2049 
in Dubai,…