Dutch investment firm Theta Capital closed a $175 million raise to back crypto-specialist VCs through its latest fund-of-funds. Theta Capital Management has pulled in over $175 million for a new fund-of-funds designed to help institutional investors get exposure to early-stage…

Theta Capital bags $175m to back Coinfund, Polychain and other crypto VCs

Solana is trading at a critical level as the broader crypto market 
consolidates below key resistance zones. After an impressive 90% surge since 
early April, SOL has experienced a modest pullback, sparking speculation that 
this may be the final dip before a significant move higher. While many assets 
are struggling to maintain momentum, Solana has shown remarkable strength and 
resilience, bolstering bullish expectations. Related Reading: Dogecoin 
Momentum Fades – Analyst Expects $0.213 Retest Top analyst Cas Abbe shared a 
technical view suggesting that the long-term bullish structure for Solana 
remains firmly intact. According to Abbe, last month’s retest of the multi- 
year trendline marked a pivotal moment for the asset, reinforcing support and 
resetting sentiment for a potential continuation. Since the bounce from that 
level, SOL has continued to climb steadily, and many now believe that Solana 
is gearing up for another leg up. With fundamentals improving and historical 
patterns pointing to renewed upside, the market is watching closely. A 
successful reclaim of nearby resistance levels could be the trigger that 
drives Solana back toward its previous all-time high—and potentially beyond. 
For now, SOL holders are eyeing this consolidation phase as the calm before 
the storm. Solana Holds Critical Support As Market Eyes Bullish Continuation 
Solana is testing a crucial demand zone around the $165 level, attempting to 
establish a foundation for its next major move. This range has become a key 
battleground between bulls and bears, especially as broader market sentiment 
is shaped by Bitcoin’s struggle to push past its all-time high. With BTC 
stalling just below $109K, uncertainty clouds the outlook for many altcoins, 
including SOL. However, Solana continues to show signs of relative strength. 
Despite recent pullbacks, the overall trend for Solana remains bullish. 
According to Abbe, the asset’s multi-year uptrend remains intact. Last month, 
Solana successfully retested its long-term trendline, which Abbe believes 
marked the bottom of the recent correction. Since that bounce, SOL has surged 
over 50%, demonstrating strong investor confidence and solid underlying 
momentum. Abbe maintains that the $290 high seen earlier was not the final 
peak for Solana, projecting a new all-time high sometime in 2025. His bullish 
thesis is supported by improving fundamentals across the Solana ecosystem, 
including rising developer activity, growing DeFi participation, and 
increasing on-chain usage. Related Reading: Range-Bound Ethereum Sees 
Volatility – High Timeframe Levels Hold The Key SOL Price Analysis: Holding 
The Line Before A Big Move Solana (SOL) is currently trading at $167.76 after 
a sharp rally in early May that pushed the price above both the 200-day EMA 
and 200-day SMA. The chart shows SOL climbing over 90% since its April low, 
confirming bullish momentum and renewed interest across the market. However, 
the price is now stalling just below the 200-day SMA at $181.03, which is 
acting as dynamic resistance. The key support lies near the 200-day EMA at 
$162.55. As long as SOL holds this level, the short-term structure remains 
bullish. A clean break above the $181 level would open the door for a move 
toward the psychological $200 mark and potentially higher. But if bears regain 
control and price breaks below $160, the uptrend could be in jeopardy. Related 
Reading: Chainlink Struggles At Key Resistance Level – $10 Support Back In 
Focus Volume has decreased slightly since the early May breakout, hinting at 
possible exhaustion or consolidation before another leg. Traders are closely 
watching for confirmation — either a breakout above $181 or a breakdown below 
the EMA. Featured image from Dall-E, chart from TradingView

Solana Multi-Year Uptrend Holds Strong – Analyst Sees SOL Breaking ATH This Year

The exclusive Trump dinner for the top 220 meme coin holders is scheduled to 
take place on May 22 at 7:00 PM. Here are some of the names reportedly 
attending. According to an email sent to invitees, guests are expected…

Who are the mystery guests invited to Trump’s meme coin dinner party?

U.S. stocks dipped in early trading on Wednesday, with the Dow Jones 
Industrial Average, S&amp;P 500, and Nasdaq Composite opening lower amid renewed 
jitters over trade tensions between China and the United States. With stocks 
paring some gains early in…

Dow, S&P 500, Nasdaq slide amid U.S.-China chip feud

Bitcoin is just 3% shy of a new all-time high, and the current market 
structure suggests a breakout is imminent. Key technical signals point to 
strong bullish momentum. Bitcoin (BTC) is on the verge of making history again 
as it…

Bitcoin inches toward new all-time high: strong market structure signals breakout this week

Blockchain tech firm BTCS has acquired 3,450 ether for $8.42 million, lifting 
its total ETH holdings to 12,500. The move reflects a broader strategy to 
scale infrastructure and staking operations. BTCS Adds 3,450 Ethereum in 
Strategic Expansion BTCS Inc. (Nasdaq: BTCS) has announced the purchase of 
3,450 ETH for $8.42 million, marking a 38% increase […]