Binance Updates Ahead, Solana and Dogecoin Face Crucial Price Tests

Binance will conduct two scheduled updates this weekend, affecting users and traders. The exchange will delist four trading pairs on Saturday - QNT/BTC, RPL/USDC, SIGN/BNB, and SKL/USDC - as part of its ongoing effort to ensure all supported pairs meet essential criteria like liquidity and volume.

Additionally, Binance will pause US stock trading on the platform on August 8 due to a scheduled system upgrade by a partner broker. This maintenance is expected to last about three hours, after which operations should resume as normal.

Solana's native token has seen significant price action in recent days, with analyst Ali Martinez predicting that a sustained close below $73.70 could lead to a collapse to as low as $50. However, other forecasters like Michael van de Poppe and Pepesso have issued more optimistic predictions, envisioning potential uptrends if the price breaks specific levels.

Dogecoin has also been in the spotlight recently, with market observers identifying a major bullish signal after its monthly Relative Strength Index reached an oversold level not seen since the 2022 bear cycle. Some predict that DOGE could be on the verge of a major revival, potentially reaching $1 during its current bullish reversal.