Global Dollar, the stablecoin issued by Paxos Digital Singapore, is going multichain with expansion to Solana. The Global Dollar Network announced on Feb. 25 that the U.S.
A Solana price recovery could lag Bitcoin and altcoins. Cointelegraph explains why
Solana's native token hit a four-month-low price of $132 on Tuesday, down from its record high of $293 set in January.
Solana (SOL) is currently trading at its lowest level in 4 months. In the last 24 hours, SOL's price has dropped by 5%, continuing a sharp correction of 45% over the past 30 days.
The expansion of USDG to Solana marks a significant step in its mission to become a leading stablecoin for global transactions.
SOL, the native token of the Solana blockchain, is garnering significant attention from crypto enthusiasts due to its recent price drop and whale activity. Today, February 25, 2025, a blockchain-based transaction tracker, Crypto Beast, made a post on X (formerly Twitter), stating, “Binance is selling all their Solana holdings.
Solana has tumbled to a five-month low of $134 today, as the market braves a massive selloff caused by ETF outflows and tariff fears. The post Solana Crashes to 5-Month Low – Will SOL Drop Below $100 Next? appeared first on Cryptonews.
It's a blood-red Tuesday across the crypto markets.
Solana price continued its strong downward momentum, reaching its lowest level since Oct. 11. Solana (SOL), one of the top blue-chip cryptocurrencies, dropped to $138, down 53% from its highest level this year.
The last time SOL was trading so low was in September 2024.
BlackRock has yet to signal interest in launching a Solana ETF despite its dominance in the crypto ETF market.
Big name sell-offs amidst a broader crypto market crash send Solana's price tumbling.
Solana price crashed by 15% on Tuesday as the recent meltdown continued. This plunge coincided with the weak ecosystem metrics, which show that its active users, core developers, commits, and DEX volume have dropped.
The cryptocurrency market plunged on Feb. 25, 2025, with altcoins suffering outsized losses amid economic uncertainty fueled by President Donald Trump's tariff policies. At press time, the crypto economy stands at $2.91 trillion, down more than 6% over the last day.
Dogcoin (DCOIN), a small-cap memecoin built on Ethereum, has surged an astonishing 75% in just 24 hours, bucking the trend as heavyweights like Bitcoin (BTC) and Solana (SOL) stumble. Bitcoin has plummeted below $89,000, while Solana has slipped under $135, reflecting a broader market downturn that has left investors reeling from long position liquidations.
Bitcoin plunged to a three-month low below $88,000 Tuesday morning, dragging the wider crypto market down with it.
As the competition heats up for the next altcoin exchange-traded fund (ETF), BlackRock has remained noticeably absent from the race for a Solana (SOL) ETF. The post BlackRock Stays Silent on Solana ETF Plans as Rivals Race Ahead appeared first on Cryptonews.
The crypto market plunged into the red, shaving off over $230 billion after President Donald Trump announced that tariffs on Canada and Mexico would be effective in March. As a result, market sentiment sank to extreme fear, with cryptocurrencies registering significant losses.
Solana faces downward price pressure as a whale transfers $127 million in tokens and a major unlock of 11.2 million SOL approaches on March 1
CryptoQuant CEO Ki Young Ju is shaking up the idea of “Altcoin Season” as we know it, suggesting that only a select few altcoins will thrive in 2025. Unlike past cycles, where almost all altcoins are pumped together, Ju believes this bull run will favor projects with strong projects with real-world use cases.
Solana has suffered a sharp decline, dropping to its lowest level since November as selling pressure keeps mounting ahead of a major token unlock.
The crypto markets are painted in red today, with the S&P 500 dropping close to 3% in the past few days. The Solana price, which was already trading in a sinking ship, witnessed a rise in the selling pressure, which caused the price to drop below $140.
Time.fun's latest move comes after a trial deployment on the Base network last year, which, by the company's standards, was largely successful.
Crypto market crash adds fuel to the growing token unlock fear among Solana holders. Solana (SOL) price crashed under $150 and warned of a plunge to $100 as Bitcoin hangs at $90K support.
Ether is on the verge of slipping into a death cross, an ominous momentum indicator, with a mixed record of predicting price trends.
The cryptocurrency market is not new in terms of periods of strong altcoin activity, often accompanied by a notable drop in the dominance of Bitcoin, which lets altcoins shine. Altcoin seasons have historically been linked with these times of weakening Bitcoin market dominance, opening the path for alternative cryptocurrencies to record notable price swings.
Wintermute withdrew over $38 million worth of Solana (SOL) from Binance on Feb. 24, just days before the largest token unlock in Solana's history, scheduled for March 1.
The crypto market is witnessing another major wave of volatility today, with meme coins, altcoins like Solana, and even Bitcoin prices taking a major hit. Amid these declines and massive liquidation, a crypto trader lost $24M while swapping TRUMP tokens for USDC.
Rachel Aguirre, the head of U.S. iShares products at BlackRock, highlighted the company's three key principles applied when considering the launch of a Solana ETF. She said that BlackRock's focus remained on meeting customer needs, defining the investment thesis, and evaluating the suitability of ETF packaging.
The crypto markets are witnessing massive sell-offs, which have dragged the major cryptos below their pivotal support levels. Bitcoin dropped below $94,000 initially and later formed the bottom below $92,000 and interestingly, it does not appear to halt the ongoing bearish trend.
Solana has plunged 45% against Bitcoin, marking one of the most significant market shifts of 2025. While SOL has suffered heavy losses, Bitcoins rising dominance signals a liquidity outflow from altcoins.
Solana-based token issuance platform Pump.Fun appears to be developing its own automated market maker (AMM), according to a newly discovered URL, though no official announcement has been made. An AMM enables decentralized trading by using liquidity pools instead of traditional order books.
Solanas (SOL) options market is heating up on Deribit, with whales making significant bearish bets as SOLs price continues to slide ahead of a major token unlock. Last week, block trades on Deribit totaled $32.39 millionnearly 25% of the $130.74 million options activitymarking the second-highest block trade ratio on record, according to Amberdata.
Traders said the current bearish sentiment could be overblown and macroeconomic decisions were key to support market growth.
Cryptocurrency prices dived on Tuesday morning, with Bitcoin crashing below the key support level at $92,000 for the first time in almost two weeks. Other altcoins like Cardano (ADA), Solana (SOL), and Tron (TRX) also crashed.
In a Friday meeting with the SEC's crypto task force, industry leaders asked the regulator to fast-track all sorts of assets for ETF approval.
Solana (SOL) has been garnering significant attention within the cryptocurrency ecosystem due to its impressive scalability and decentralized platform, often dubbed as the “Ethereum Killer.” As of today, Solana is trading at around $152.46, significantly lower than its all-time high of $294.33, which was reached in January 2025.
Solana prices have declined recently, falling to their lowest point of 2025 on Monday, February 24 as numerous bearish variables fueled losses.
While Solana price spirals downward, whales are moving sizable amounts of SOL, sparking fears of a selloff. On the flip side, analysts say the move could be a trigger for an accumulation spree amid prolonged bearish sentiments.
Crypto prices are falling, as Bitcoin and Ethereum lead $686 million worth of liquidations and Solana and Dogecoin show double-digit losses.
Despite leading the Bitcoin and Ethereum ETF markets, BlackRock has yet to file for a spot Solana exchange-traded fund.
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In a technical chart shared today, crypto analyst Koroush Khaneghah, Founder of Zero Complexity Trading, underscores Solana's ongoing downtrend, highlighting pivotal support and resistance levels on the SOL/USDT Perpetual (Binance) daily timeframe. According to the chart, Solana has lost several key zones and is currently hovering near the $157 area—what Khaneghah labels as the “last major support level.
Solana (SOL) has been facing mounting pressure in recent weeks, as its on-chain activity continues to decline, signaling potential trouble ahead for its price. The network's daily active addresses have fallen to a three-month low, reaching 3.5 million.
Hedera (CRYPTO: HBAR) has seen a 35% decline this past month, but the approval process for a spot HBAR ETF has triggered renewed interest among traders. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Hedera (CRYPTO: HBAR) $0.2139 $8.96 billion +1.8% +1.3% XRP (CRYPTO: XRP) $2.44 $141.4 billion -4.3% -7.4% Cardano (CRYPTO: ADA) $0.7253 $25.5 billion -5.2% -8.6% Trader Notes: Crypto trader Javon Marks sees HBAR's first breakout target at $0.504, a 128% increase from current levels.
Solana, the sixth-largest cryptocurrency, has fallen even as multiple asset managers have applied for ETFs based on its spot price.