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January 15, 2026

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Solana Slowly Surges Toward $150: Is $200 Next for SOL Price?

Forex 3 Mins Read

The post Solana Slowly Surges Toward $150: Is $200 Next for SOL Price? appeared first on Coinpedia Fintech News

The crypto market sentiment has been positive for over the past few days as Bitcoin surges above $95K. Recent reports on CPI hint at cooling inflation, triggering strong buying demand across the market. As a result, several altcoins posted strong gains with the Solana price now heading toward resistance channels. However, analysts believe Solana could extend its gains due to strong ETF inflows in recent days and upcoming Alpenglow upgrade.

Solana Sees Strong ETF Inflows  

SOL price has done well in the past few weeks, and this trend could continue in the coming months as investors focus on the upcoming Alpenglow upgrade. Additionally, recent strong ETF inflows have strengthened Solana’s support levels, potentially pushing SOL price toward a bullish channel.

However, as sellers took control, Solana faced strong liquidation among buyers, as revealed by Coinglass data. Over the last 24 hours, Solana faced a total liquidation of $10.5 million. Of this, buyers liquidated significantly, amounting to nearly $7.7 million worth of position.

Despite this minor pullback, analysts believe Solana could be preparing for a bullish setup as investors accumulate due to strong ETF inflows. U.S. spot Solana ETFs brought in $23.57 million yesterday, marking the biggest inflow in the past four weeks, according to SoSoValue.

Also read: Solana (SOL) Price Tests $145 Resistance as Network Growth Signals a Shift—What Comes Next?

Additionally, the upcoming Alpenglow upgrade is fueling accumulation around recent dips. Alpenglow will be the biggest upgrade since the network was created, replacing the Proof-of-History and TowerBFT systems. This change will cut transaction finality from 12.8 seconds to about 100–150 milliseconds, making the network one of the fastest in crypto.

As a result, Solana’s open interest has seen a sharp increase over the last 30 days. The OI metric jumped from the low of $6.8 billion to a recent high of $8.8 billion. This surge in OI suggests that buyers are taking positions around Solana’s dips, strengthening the potential for a $200 bull run in the coming days.

What’s Next for SOL Price?

Solana climbed to $147, a level where sellers defended an upward push strongly. As a result, SOL price is now losing bullish momentum and is heading toward EMA trend lines. As of writing, SOL price trades at $142, declining over 3% in the last 24 hours.

SOL/USDT Chart

The rising 20-day EMA at $143 and an RSI close to the midline suggest momentum is still leaning upward, and a break above $147 could drive the SOL/USDT pair toward $173 or even $200.

On the downside, the moving averages are the key support levels to watch. If the price falls below them, it would signal weakening buying pressure and could keep Solana trading between $117 and $147 for a while longer.

Solana Long/Short Ratio

However, the current momentum is bearish and sellers are controlling the price trend. The long/short ratio has dropped significantly below the ratio of 1. Currently, it is at 0.7569, suggesting that traders are increasingly leaning toward short positions.

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Economy

Saks files for bankruptcy as luxury market struggles

Economy 3 Mins Read

The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday.

The move comes after Saks Global struggled with debt it took on to buy rival Neiman Marcus, lagging department store sales and a rising online market.

It’s one of the largest retail collapses since the Covid pandemic, and casts further doubt over the future of luxury fashion.

The retailer, which also owns Bergdorf Goodman, said early Wednesday its stores would remain open for now after it finalized a $1.75 billion financing package and appointed a new CEO.

The court process is meant to give the luxury retailer room to negotiate a debt restructuring with creditors or sell itself to a new owner to stave off liquidation. Failing that, the company may be forced to shutter.

Former Neiman Marcus CEO Geoffroy van Raemdonck will replace Richard Baker, who was the architect of the acquisition strategy that left Saks Global saddled with debt.

The company also appointed former Neiman Marcus executives Darcy Penick and Lana Todorovich as chief commercial officer and chief of global brand partnerships at Saks Global, respectively.

Saks Fifth Avenue, the retail arm of Saks Global, listed $1 billion to $10 billion in assets and liabilities, according to court documents filed in U.S. Bankruptcy Court in Houston.

A retailer long loved by the rich and famous, from Gary Cooper to Grace Kelly, Saks fell on hard times after the pandemic, as competition from online outlets rose, and brands started more frequently selling items through their own stores.

The original Saks Fifth Avenue store, known for displaying the likes of Chanel, Cucinelli and Burberry, was opened by retail pioneer Andrew Saks in 1867.

The new financing deal would provide an immediate cash infusion of $1 billion through ‌a loan from an investor group, Saks Global said.

A host of luxury brands were among the unsecured creditors, led by Chanel and Gucci owner Kering at about $136 million and $60 million respectively, the court filing said. The world’s biggest luxury conglomerate, LVMH, was listed as an unsecured creditor at $26 million. In total, Saks Global estimated there were between 10,001 and 25,000 creditors.

In 2024, Baker had masterminded the takeover of Neiman Marcus by Canada’s Hudson’s Bay Co, which had owned Saks since 2013, and later spun off the U.S. luxury assets to create Saks Global, bringing together three names that have defined American high fashion for more than a century.

The deal was designed to create a luxury powerhouse, but it saddled Saks Global with debt at a time when global luxury sales were slowing, complicating an already difficult turnaround for CEO and veteran executive Marc Metrick.

Saks Global struggled last year to pay vendors, who began withholding inventory, disrupting the company’s supply chain and leaving it with insufficient stock.

The thinly stocked shelves may have driven shoppers away to rivals like Bloomingdale’s, which posted strong sales in 2025, compounding pressure on Saks Global.

“Rich people are still buying,” Morningstar analyst David Swartz said last month, “just not so much at Saks.”

Running out of cash, Saks Global last month sold the real estate of the Neiman Marcus Beverly Hills flagship store for an undisclosed amount. It had also been looking to sell a minority stake in exclusive department store Bergdorf Goodman to help cut debt.

On Dec. 30, it failed to make an interest payment of more than $100 million to bondholders.

This post appeared first on NBC NEWS

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Stocks

Wall Street experts are bullish on Shopify stock: should you?

Stocks 3 Mins Read

Shopify stock price has moved into a correction, falling by 13% from its highest point in October last year. It was trading at $157 and could be at risk of more downside as it forms several risky chart patterns on the daily chart.

Analysts are bullish on Shopify stock 

Wall Street analysts are still bullish on the Shopify stock despite its recent underperformance. RBC’s Paul Treiba recently boosted his target from $185 to $200, while Scotiabank’s Kevin Krishnaratne boosted the target to $200 from the previous $165.

Other analysts who boosted their targets for the stock were from companies like Wells Fargo, Bank of America, and Citigroup. The average estimate for the stock among analysts is $171, up by 9% from the current level. Last year, this target was $100.

Analysts point to Shopify’s strong market share in the e-commerce industry and the fact that it has more room to grow globally. Additionally, they note that it will grow as agentic growth continues.

SHOP analysts forecast | Source: MarketBeat

Potential risks remain 

Still, Shopify faces some major risks ahead. First, there is a risk that its business will slow down in the coming years as the industry matures. 

Data compiled by Yahoo Finance shows that the company’s revenue growth for 2025 was 30% to $11.47 billion. The growth will then decelerate this year, with its revenue coming in at $14.2 billion, up by 23% YoY.

Second, Shopify is still highly overvalued as it has always been. Data compiled by Seeking Alpha shows that it has a forward price-to-earnings ratio of 115, much higher than the sector median of 26.

This valuation metric is much higher than that of other companies that are growing faster than it. For example, Nvidia, which has a faster growth rate and margin, has a forward multiple of 40. 

Additionally, Amazon, which is a key competitor, has a forward PE ratio of less than 40. 

Shopify is also expensive based on the rule-of-40 multiple. Data shows that the company has a forward growth metric of 23% and a net profit margin of 16%, giving it a multiple of 39%.

Shopify share price technical analysis

SHOP stock chart | Source: TradingView

The other potential risk facing the SHOP stock price is its technicals. The chart above shows that it jumped to a high of $182.17 in October last year. It then pulled back to the current $157.

The stock has moved below the 50-day Exponential Moving Average (EMA), which is a bearish sign. It formed a rising wedge pattern, which is characterized by the rising and converging trendlines. This explains why the stock has moved downwards this year. 

The stock has also formed a head-and-shoulders pattern. This pattern is made up of a head, two shoulders, and a neckline. It also created a diamond reversal pattern. 

Therefore, the most likely scenario is where it continues falling as sellers target the key support at $150 followed by $136, its lowest level in November last year.

The bearish SHOP stock forecast will become invalid if it moves above the key resistance level at $172. Such a move will point to more gains to $200.

The post Wall Street experts are bullish on Shopify stock: should you? appeared first on Invezz

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