Solana remains one of the worst-hit assets, with no clear signs of reversal yet.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) The market turned bearish and Ethereum has lost its support at $2,400, falling by 21% in the past seven days.
MetaMask, the leading self-custodial Ethereum wallet, has unveiled major updates to improve user experience and security. Announced at ETHDenver, these upgrades introduce smart contract capabilities, transaction batching, and expanded blockchain support.
Bears dominate the cryptocurrency market on Friday as liquidations plunge Bitcoin below $80K. The leading crypto by value trades at $79,689 during this publication. Despite prevailing uncertainty, Hyperliquid demonstrated rapid growth over the past week. The decentralized exchange outshines Solana (SOL) in weekly fees, signaling trend shifts.
MetaMask will expand from Ethereum Virtual Machine chains for the first time in May when it will add support for Solana, while Bitcoin will also be integrated in the third quarter.
The crypto wallet also vowed to improve user experience with new updates such as gas abstraction and multiple SRPs.
MetaMask is set to launch a key update that will bring smart contract capabilities and provide native support for Bitcoin and Solana networks. The announcement, made on Feb.
Large Dogecoin (CRYPTO: DOGE) investors took advantage of the meme coin's ongoing downturn to increase their stockpile. What happened: Influential cryptocurrency analyst Ali Martinez highlighted in an X post on Thursday that whales bought the dip, snapping up over 530 million DOGE tokens in the last three days.
Shiba Inu (SHIB) has seen a sharp increase in its weekly burn rate, with 128,939,614 tokens removed from circulation over the past seven days—a rise of 11.82%. The past 24 hours tell a different story, with only 21,956,446 SHIB burnt, marking a 27.19% decline compared to the previous day.
The Ethereum market value experienced considerable downward pressure by pushing the cryptocurrency toward the important $2,200 support point. The sustained price reduction of Ethereum continues to concern market participants about potential deeper losses or chances to recover previous value.
Shiba Inu's ecosystem team has rolled out an exciting initiative designed to encourage both player engagement and burn tokens to reduce the circulating supply. The newly introduced Shiba Eternity game mode, called Duel Mode, is a player-versus-player contest where participants compete against each other for SHIB rewards.
The Dogecoin price is down more than -57% from its December 8 high at $0.4843, but a bottom could be near. In a technical analysis shared on X, Rose Premium Signals (@VipRoseTr) highlights a potentially bullish setup for Dogecoin (DOGE), fueled by a classic “Cup & Handle” pattern.
Hyperliquid, the decentralized perpetual futures trading platform, has overtaken Solana in weekly fees just a few months after its launch. According to DefiLlama's Feb.28 data, Hyperliquid (HYPE) made $12.
With slowing address growth, and stalling inflows, DOGE faces a critical test at this level.
Shiba Inu (SHIB) investors are demonstrating increasing confidence, as reflected in a notable shift in their behavior. As prices of many assets plummet, Shiba Inu holders have been raising their average holding time, signaling faith in the asset's long-term potential despite a general market slump.
Cryptocurrency prices suffered a big dive this week costing investors billions of dollars. Bitcoin has retreated below $80,000, while the total market cap of all these coins plunged by 5.40% to $2.64 trillion. This means that crypto investors have lost almost $1 trillion in the past few months.
Dogecoin (DOGE) has experienced a sharp decline in its futures trading volume, dropping significantly from $58.2 billion in November 2024 to just $992 million in February 2025. This dramatic reduction in trading volume highlights a cooling of investor interest and market speculation, potentially signaling a bearish outlook for the altcoin.
Shiba Inu (SHIB), the world's second-largest meme coin, is poised for a price recovery due to bullish price action and an impressive 24-hour burn rate. Data from the SHIB burn tracker recently revealed in a post on X (formerly Twitter) that the meme coin's burn rate has surged by a staggering 4,137.
Crypto analyst Olivier has provided a bullish outlook for the Dogecoin price amid the market downtrend, which has led to a massive decline for DOGE. The analyst predicts that the foremost meme coin could be gearing up for a 75% rally, which could send its price above $0.3.
Amid the ongoing bearish price momentum, Dogecoin (DOGE), the largest and most popular meme coin, has been gaining significant attention from crypto enthusiasts due to its notable price drop in recent days.
Dogecoin, the industry's premier meme coin, has consistently led most altcoins in price performance in recent months. However, it faces its toughest challenge amidst falling network activity and a price slump.
Shiba Inu's burn efforts may not be enough to offset the bearish market signals.
After a viral "prison break," comedian William Banks cashed out on a number of meme coins so he could donate money to support Palestine.
With the broader digital currency experiencing drawdowns, Solana (SOL) price has remained in the spotlight, drawing analysts' insights. Expert trader Raoul Pal shared a bullish comment regarding SOL price in a recent post on X.
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DOGE whales have accumulated over 530 million Dogecoin (DOGE) within the past 72 hours. This surge in whale holdings has coincided with a decline in Dogecoin price, signaling strategic buying at lower levels.
PumpFun, a Solana-based meme coin launchpad, has halted new token creations following extreme volatility in the market. The decision follows increased uncertainty in the crypto space, raising concerns among users about the future of newly launched tokens.
Dogecoin is trading at key demand levels after two weeks of massive selling pressure, with bears pushing DOGE down more than 30%. The meme coin sector has been hit the hardest during this market-wide correction, which began in mid-January, and as the market leader, Dogecoin has suffered the most.
A chart pattern suggests the smart contract platform Solana (SOL) could plunge by more than 50% if it loses a critical support level, according to a popular crypto trader. Ali Martinez tells his 128,800 followers on the social media platform X that the Ethereum (ETH) rival appears to be forming a right-angled ascending broadening pattern.
Cryptocurrency markets are struggling on Thursday as the market-wide downturn continues. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $83,057.97 -0.2% Ethereum (CRYPTO: ETH) $2,268.27 -1.2% Solana (CRYPTO: SOL) $134.86 +2.7% XRP (CRYPTO: XRP) $2.15 -1.3% Dogecoin (CRYPTO: DOGE) $0.2030 +2.3% Shiba Inu (CRYPTO: SHIB) $0.00001430 +2.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 6.6% and daily active addresses falling by 0.7%.
Shiba Inu's proud & loyal community initiated a jaw-dropping 30 million drop in the meme coin's circulation.
Crypto exchanges appear to now be in safe waters—but legal experts say it's still too early for token projects to rest easy.
Pump.fun is crashing to zero, with extremely low daily launches and only a few dozen tokens graduating to Raydium. As traders from the trenches no longer allocate SOL, the platform is no longer seen as the source of the next big success story.
Dogecoin seeing a decline in futures trading volume and network activity but price action signals buy.
Dogecoin's open interest has crashed over $3 billion since January, sparking a bearish sentiment for the foremost meme coin. This critical metric is still at risk of crashing further, given the current outlook in the broader crypto market.
The Dogecoin price may be in for more pain, as a crypto analyst has projected another significant breakdown to new lows. On the bright side, the analyst suggests that this retracement will offer a discount for traders who aim to capitalize on the buy-dip opportunities and accumulate ahead of a potential increase.
The general crypto market has faced significant headwinds this week, with top meme coins among the hardest hit.
Once a leading performer in the cryptocurrency market, Shiba Inu (SHIB) is having difficulty regaining ground following a 31% decline in just 30 days. With transactions above 1,000 SHIB falling 80% and whale activity decreasing 88%, the token, which is currently trading at $0.000013, has lost 43% of its value in only three months.
Sui has declined to $2.85 today, but its fundamentals and underlying growth suggest that a strong recovery should be coming soon. The post Sui Sees $2.5 Billion Volume Surge After Price Crash – Next Ethereum or Solana? appeared first on Cryptonews.
The official X account of the Solana-based token minting protocol Pump.fun was breached by hackers but has since been recovered.The co-founder of the decentralized app (dApp), Alon (@a1lon9) on X, informed the public about the incident and advised users not to interact with the hackers. @pumpdotfun account has just been compromised.
Solana is caught in a period of continued bearish performance due to the notable decline in the broader crypto market, with its price plummeting by nearly 23% in the past week.
Solana is showing renewed strength, signaling a potential turnaround after holding above $137 decisively. Buyers are stepping in at key support levels, pushing the price higher and challenging major resistance zones.
Cryptocurrencies traded in red on Thursday as Bitcoin hovered around the $85K mark. While the focus shifts to a ‘selective alt season,' top altcoins Litecoin, Solana, and XRP remained on investor and trader watch lists. Let's check what investors can expect from their price movements in the near future.
Solana (SOL) has plummeted 50% in almost a straight line over the past five weeks, a decline that coincides with heightened market volatility, speculative frenzy in memecoins, and looming sell pressure from the upcoming FTX estate unlock.
Imagine turning a modest $5,000 into over $2.5 million. That's the reality for early Solana investors who bought in at its rock-bottom price of $0.50. Today, a new player, Mutuum Finance (MUTM), is grabbing headlines in the crypto market. The decentralized lending platform has raised $1,503,578.54 since its presale began, drawing in 2,975 holders.
While it may seem that the post-inauguration meme coin mania has dried up as we enter the early stages of a bear market, Dogecoin offers a glimmer of hope. The post Is Dogecoin Finished? DOGE Drops Below $0.20 – End of Meme Coins? appeared first on Cryptonews.
Major U.S. cryptocurrency exchange Coinbase recently saw a large outflow of popular meme-inspired cryptocurrency Shiba Inu (SHIB).