**Standard Chartered** has reduced its **Solana ($SOL )** price target for **end-2026** to **$250**, down from **$310**.
However, the bank remains **strongly bullish long term**, maintaining its **$2,000 price target for 2030**.
According to the bank, Solana’s network activity is gradually shifting away from **memecoin-driven trading** toward **stablecoin-based micropayments**, which could support long-term growth.
The bank also notes that the current market downturn may lead to **“performance differentiation”**, meaning stronger blockchains could start outperforming weaker ones instead of moving together.
As of **February 3**, several cryptocurrencies are gaining attention as potential buying opportunities in the current market environment.
According to market analysts, the top picks include:
* **XRP ($XRP )** – Known for fast transactions and strong utility in cross-border payments * **PEPE ($PEPE )** – A high-risk, high-reward meme coin with strong community momentum * **Dogecoin ($DOGE )** – A long-standing meme asset backed by high liquidity and broad market recognition
Each of these assets offers **unique characteristics and potential opportunities** as the digital asset market continues to evolve.
The slowdown in institutional demand has raised concerns of **continued selling pressure**, with total sales activity approaching **$2 billion** across major assets.
Market participants are now watching closely to see whether this marks a **temporary pause** or a **broader risk-off shift** in crypto markets.
### 📉 Why Is Crypto Down Today? – February 2, 2026
The crypto market is trading lower today, with major assets under pressure.
* **Bitcoin ($BTC )** fell **2.1%** to **$76,472**
* **Ethereum ($ETH )** dropped **7.2%** to **$2,225**
Market analysts note that, **from an Elliott Wave perspective**, the current pullback is unfolding **as expected**, suggesting this move may be part of a broader corrective structure rather than a trend reversal.
Traders are closely watching key support levels as volatility remains elevated across the market.
📰 BREAKING: UAE Royal Invests $500M in Trump’s Crypto Firm $BTC $ETH $SOL A UAE royal sheikh has reportedly acquired **49% stake** in **World Liberty Financial**, a crypto firm linked to **Donald Trump**, in a deal valued at **$500 million**.
This major investment is already sparking debate across the crypto industry, with analysts suggesting it could have **far-reaching implications** for regulation, institutional trust, and political influence in digital assets.
The move highlights growing **Middle East interest in crypto**, while also raising questions about how high-profile political involvement may impact the broader market.
📌 Source: *Crypto Valley Journal*
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### 🔍 Why this matters:
* Massive **institutional capital** entering crypto * Rising **UAE influence** in global blockchain finance * Potential **regulatory and political impact** on the industry
📉 $BTC Update: Is the Capitulation Phase Here? Recent data from a significant shift in market structure. After failing to hold critical support levels on the daily timeframe, Bitcoin appears to be entering a Capitulation Phase.
🔍 Key Takeaways from the Report:
Structural Breakdown: $BTC has slipped below major psychological and technical support zones, signaling a potential transition into a "bear regime."
Weakening Conviction: On-chain metrics (like aSOPR) show that investors are exiting positions even at lower profit margins, indicating a loss of momentum.
Liquidations & Outflows: Significant outflows from Spot ETFs and high liquidations in the derivatives market have added to the downward pressure.
📍 What to Watch:
Keep a close eye on the $BTC $80,000 zone. If this fails to hold, analysts suggest the next major downside targets could be around $70,000 or even lower.
Trader's Note: While "capitulation" sounds scary, historically it has often marked the final stage of a correction before a new base is formed. Stay disciplined and manage your risk!
BREAKING: Bitcoin $BTC Price Plummets! We’re Below $77,000 – Michael Saylor Is in the Red 0 BTC 6min ago
Michael Saylor incurred an immediate loss following the recent drop in Bitcoin's price. Here are the details. Continue Reading: BREAKING: Bitcoin $BTC Price Plummets! We’re Below $77,000 – Michael Saylor Is in the Red #MarketCorrection #BitcoinETFWatch #PreciousMetalsTurbulence #btc #BinanceSquareTalks
**What is $XRP ?** 💸 Fast & low-cost payments coin 🏦 Used for cross-border transfers ⚡ Very fast transactions
**Fundamentals:** ✅ Strong use case in banking payments ✅ Active development by Ripple ⚠️ Price often moves with news
**Technical (Simple):** 📊 $XRP moves in ranges 📈 Bullish when it breaks resistance 📉 Pullbacks are normal
**My View:** ✔ Good for **short & mid-term trades** ✔ Best to **buy near support**, not after big pumps ⚠️ Avoid FOMO, use stop-loss #XRP #Ripple #Binance #CryptoTrading #Altcoins #MarketUpdate #BinanceSquare
🟢 Best Coins to Buy Now on Binance (Based on current trend + balance of risk & reward) 👍 Blue-Chip Crypto (Lower Risk) Bitcoin (BTC) – Trend leader Ethereum (ETH) – DeFi + smart contracts Binance Coin (BNB) – Ecosystem token These are safer long-term holds with steady demand and liquidity. 🚀 High-Potential Altcoins (Buy on Dips) Solana ($SOL SOL) – fast growth adoption XRP – accumulation + on-chain flow Layer-2 / optimistic rollups like Optimism (OP) or Arbitrum ($ARB ARB) — show weakening bearish RSI signals (indicating possible upside). 💡 Altcoin rotation could accelerate if BTC steadies and sentiment improves. 📉 Short-Term Caution Signals ❗ Some analysts see structural resistance for altcoin bull runs in early 2026. ❗ Bitcoin may need a break above key resistance before major alt moves. So trade with risk management: ✔ Set stop loss ✔ Buy dips, take profit on spikes 📌 Short Binance Square Caption 🔥 Crypto Market Now — What’s Happening & What to Buy 🔥 • Bitcoin still leads but consolidating • Ethereum & Solana showing strong on-chain activity • XRP accumulating — big swing potential • Binance Coin (BNB) remains strong • Altcoins trending — look for rotation soon! 📈 Buy on dips: BTC, $ETH , BNB, $SOL , $XRP 📉 Watch for resistance and profit target levels #Crypto #Binance #BTC #ETH #XRP #Solana #Altcoins #MarketAnalysis #BuyTheDip #CryptoTrading
🟢 Best Coins to Buy Now on Binance (Based on current trend + balance of risk & reward) 👍 Blue-Chip Crypto (Lower Risk) Bitcoin (BTC) – Trend leader Ethereum (ETH) – DeFi + smart contracts Binance Coin (BNB) – Ecosystem token These are safer long-term holds with steady demand and liquidity. 🚀 High-Potential Altcoins (Buy on Dips) Solana ($SOL SOL) – fast growth adoption XRP – accumulation + on-chain flow Layer-2 / optimistic rollups like Optimism (OP) or Arbitrum ($ARB ARB) — show weakening bearish RSI signals (indicating possible upside). 💡 Altcoin rotation could accelerate if BTC steadies and sentiment improves. 📉 Short-Term Caution Signals ❗ Some analysts see structural resistance for altcoin bull runs in early 2026. ❗ Bitcoin may need a break above key resistance before major alt moves. So trade with risk management: ✔ Set stop loss ✔ Buy dips, take profit on spikes 📌 Short Binance Square Caption 🔥 Crypto Market Now — What’s Happening & What to Buy 🔥 • Bitcoin still leads but consolidating • Ethereum & Solana showing strong on-chain activity • XRP accumulating — big swing potential • Binance Coin (BNB) remains strong • Altcoins trending — look for rotation soon! 📈 Buy on dips: BTC, $ETH , BNB, $SOL , $XRP 📉 Watch for resistance and profit target levels #Crypto #Binance #BTC #ETH #XRP #Solana #Altcoins #MarketAnalysis #BuyTheDip #CryptoTrading