{"id":30644,"date":"2026-04-30T15:22:18","date_gmt":"2026-04-30T15:22:18","guid":{"rendered":"https:\/\/investorlegacypath.com\/solana-lands-shinhan-deal-as-80-dip-tests-bullish-momentum\/"},"modified":"2026-04-30T15:22:18","modified_gmt":"2026-04-30T15:22:18","slug":"solana-lands-shinhan-deal-as-80-dip-tests-bullish-momentum","status":"publish","type":"post","link":"https:\/\/investorlegacypath.com\/?p=30644","title":{"rendered":"Solana lands Shinhan deal as $80 dip tests bullish momentum"},"content":{"rendered":"
<\/div>\n

Solana price is holding steady near $83 as bulls show resilience amid a broader cryptocurrency market bounce from Wednesday’s slight dip.<\/p>\n

The token is down 2% in the past 24 hours, but could positive momentum, coinciding with major news, lift SOL?<\/p>\n

Solana traded around $83.39 at the time of writing on Thursday, with daily volume 39% at over $4.6 billion.<\/p>\n

Shinhan Card, Solana team up on stablecoin payments<\/h2>\n

A series of positive integration and partnership moves includes South Korean financial giant Shinhan Card\u2019s collaboration with the Solana Foundation to advance stablecoin payments on the high-speed blockchain.<\/p>\n

Shinhan Card and the Solana Foundation have signed a strategic memorandum of understanding (MOU)  as the South Korean card giant looks to tap into stablecoin payments.<\/p>\n

\n
https:\/\/twitter.com\/solana\/status\/2049741676693049672 <\/div>\n<\/figure>\n

According to an announcement, this partnership builds on a successful proof-of-concept (PoC) completed last year and paves the way for an advanced PoC later this year. <\/p>\n

Integration will see Shinhan leverage Solana\u2019s high-performance blockchain infrastructure for real-world payments between customers and merchants.<\/p>\n

Shinhan also aims to integrate non-custodial wallets and hybrid finance models, combining traditional finance with decentralized finance for regulatory-compliant, secure transactions.<\/p>\n

It\u2019s worth noting that this development arrives a day after Visa expanded its own stablecoin settlement pilot to nine blockchains, including Polygon, Base, and Canton Network. <\/p>\n

The project already taps into Solana and adds to the acceleration in stablecoin adoption, particularly amid improving global regulatory clarity.<\/p>\n

Meanwhile, Meta has added support for USDC payments on Solana, targeting creators in Colombia and the Philippines. These moves scale adoption.<\/p>\n

Solana price outlook<\/h2>\n

The SOL token peaked at $88 on April 26 before retracing alongside Bitcoin amid macroeconomic and geopolitical headwinds. <\/p>\n

The pullback to around $80 came as BTC dropped to under $75,000 after the Federal Reserve’s decision to hold interest rates steady.<\/p>\n

Losses across risk assets also mirrored souring sentiment as oil prices soared to above $120 per barrel after President Trump said he did not mind an extended US blockade of the Strait of Hormuz. <\/p>\n

Bitcoin is back above $76,000 while SOL is testing $84.<\/p>\n

Solana price chart<\/a> by TradingView<\/figcaption><\/figure>\n

Before this downturn, Santiment analysts had noted that Bitcoin and Solana led the market in terms of coins with \u201cthe highest level of FOMO across X, Reddit, Telegram.\u201d <\/p>\n

This outlook has persisted since late 2025, with 2.98 bullish SOL comments for every single bearish comment.<\/p>\n

However, analysts say that \u201cprices move opposite to the crowd’s expectations,\u201d and retail optimism may signal fresh selling. Notably, risk appetite can flip quickly if upside momentum fades fast.<\/p>\n

Technically, SOL faces bearish pressure of a long-term downtrend, with a breakdown targeting $73 next if support at $80 fails. <\/p>\n

Prices crashed to lows of $67 in February.<\/p>\n

Currently, the 50-day EMA near $86 serves as a pivotal hurdle, and a rebound above this could spark bullish momentum towards $100.<\/p>\n

The post Solana lands Shinhan deal as $80 dip tests bullish momentum<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Solana price is holding steady near $83 as bulls show resilience amid a broader cryptocurrency market bounce from Wednesday’s slight dip. The token is down 2% in the past 24 hours, but could positive momentum, coinciding with major news, lift SOL? Solana traded around $83.39 at the time of writing on Thursday, with daily volume […]<\/p>\n","protected":false},"author":1,"featured_media":30645,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[],"class_list":["post-30644","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news"],"_links":{"self":[{"href":"https:\/\/investorlegacypath.com\/index.php?rest_route=\/wp\/v2\/posts\/30644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investorlegacypath.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investorlegacypath.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investorlegacypath.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/investorlegacypath.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30644"}],"version-history":[{"count":0,"href":"https:\/\/investorlegacypath.com\/index.php?rest_route=\/wp\/v2\/posts\/30644\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investorlegacypath.com\/index.php?rest_route=\/wp\/v2\/media\/30645"}],"wp:attachment":[{"href":"https:\/\/investorlegacypath.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investorlegacypath.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investorlegacypath.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}