Binance Delistings and Price Outlooks for SOL and DOGE

Binance is removing several trading pairs on August 7, including QNT/BTC and SKL/USDC, citing liquidity and volume requirements. Additionally, the platform plans a three hour pause on US stock trading on August 8 to complete a system upgrade. Users should expect these updates to go smoothly as the exchange often conducts such maintenance to keep services running well.

Solana is facing a tough test after dipping below the $73.70 mark. Some analysts suggest that failing to hold this level could lead to a drop toward $50. However, other market experts remain hopeful that the token can reclaim higher ground if it can break back past $76, pointing to a potential rally toward $120 if the momentum shifts.

Meanwhile, Dogecoin is showing signs of life after hitting a three year low. Bullish signals are emerging as the monthly Relative Strength Index reached highly oversold levels, often a sign that sellers are running out of steam. Data showing a 16 percent increase in active weekly addresses suggests that interest in the meme coin is picking up again, leading some to watch for a possible reversal.