LIBRA's collapse triggered fraud claims, insider trading accusations, and calls for Argentine President Javier Milei's impeachment.

Cryptocurrencies traded in green on Thursday as Bitcoin reclaimed the key $97K mark. The global crypto market cap increased by 2% in the past 24 hours to $3.23 trillion, reflecting renewed optimism. Meanwhile, PI, TRON, and Solana topped today's charts for different reasons.

Solana (SOL) has posted mild gains of 0.4% in the past 24 hours as the token is struggling to stay above a key support area that traders believe could be relevant for its future performance.In the past 7 days, the native asset of the second-largest smart contracts platforms has shed 9.

Solana (SOL), popularly known as the "Ethereum killer," has recorded significant dominance over Ethereum (ETH) and Tron (TRX) in a key metric. In the last 24 hours, Solana has raked in $2.06 million in transaction fees.

Sol Strategies has purchased 12,456 SOL tokens for $2.66 million, increasing its total holdings to 226,798 SOL, while partnering with Tetra Trust to enhance institutional access to Solana staking. The post Sol Strategies Buys $2.66M in SOL, Partners with Tetra Trust for Staking appeared first on Cryptonews.

SOL, the native token of the Solana network, is one of the worst-performing cryptos in recent days. Once the darling of the meme coin crowd, the popular blockchain is facing its toughest test yet with its massive price drop and dip in network activity.

Solana (SOL) has seen a growing sense of caution among its long-term holders, as indicated by its Net Unrealized Profit/Loss (NUPL) metric. The NUPL tracks the profitability of coins held by long-term investors and has recently fluctuated between 0.4 and 0.6.

The Sonic price has jumped by 10% today, with its rise coming as the market becomes increasingly bullish about the rebranded token. The post Sonic Price Explodes 66% in Two Weeks – Is This the Next Solana? appeared first on Cryptonews.

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Ethereum co-founder Vitalik Buterin has voiced his disappointment with criticism that Ethereum (CRYPTO: ETH) is “bad and intolerant” for not embracing “blockchain casinos.” What Happened: In response to a query on Tako, Buterin revealed that the criticism is that Ethereum “do not respect casinos” on the blockchain.

The crypto market is showing signs of a recovery after weeks of bearish sentiment. Bitcoin (BTC) is up nearly 2%, reclaiming $97,000 as bullish sentiment returned after weeks of muted price action.

VanEck, one of the top Wall Street asset managers with over $100 billion in assets under management remains bullish that Solana price will rally to $520 in 2025. This optimism comes despite Solana's struggle to reclaim $200 due to inflation concerns that have pushed the price down by 27% from its monthly high.

Solana (SOL) finds support near $160 as technical indicators hint at a potential reversal. With Coinbase introducing CFTC-regulated SOL futures, increased liquidity could drive a breakout toward key resistance levels.

It's a major win for Ripple ($XRP) as Brazil's securities regulator Comissão de Valores Mobiliários (CVM) approved the world's first $XRP spot exchange-traded fund (ETF). The news is yet another big step in the company's expansion, which already includes partnerships with central banks.

Solana is currently a blockchain ecosystem consumed with heightened memecoin activity and market speculation. The platform's technical advantages, including sub-second finality and low transaction fees, have attracted a surge of speculative projects, prompting comparisons to the BNB Chain, which experienced a similar trajectory during the memecoin boom.

Solana's price has sharply declined since it reached an all-time high of $295.83 on January 18. At press time, SOL trades at $171.81, plummeting 41% since then.

Over the past decade, Ethereum (ETH 0.09%) has been hands-down one of the single best crypto investments you could have made. In January 2016, Ethereum was trading for just $2.

Solana whales are actively moving SOL away from exchanges, with large quantities of SOL being moved in rapid fashion from Binance. It will likely greatly affect the momentum of the asset on the market, with 47,154 SOL, or around $8 million, being moved from Binance.

Solana faces market pressure due to an upcoming $1.6 billion token unlock in March, declining network activity, and decreased DEX trading volumes, while maintaining critical support levels near $150-$155.

In the times when the crypto markets are juggling between a narrow range, the Solana price is diving deep, squashing the local support levels. The price plunged below the psychological barrier at $170, validating a continued descending trend. When the lower targets at $150 have been activated, the optimism around the token remains higher.

Solana's SOL token jumped 30.5% in annualized inflation following the implementation of SIMD 96 on February 12th. The implementation of SIMD 96 decreased the amount of SOL burned daily from 18,000 SOL to 1,000 SOL, impacting the real economic value (REV) distributed to token holders.

Multiple asset management firms have filed applications for spot crypto ETFs, focusing on Solana and other altcoins, with the SEC set to make decisions by October 2025 amid mixed market sentiment and varying institutional interest.

The on-chain analytics firm Glassnode has revealed how Solana has recently shown more resilience than Bitcoin and Ethereum in this indicator.

Solana's long-term investors have been increasingly cautious these days, but what does the price say?

Ethereum is seeing renewed investor confidence as traders anticipate the upcoming Pectra upgrade, scheduled for April 8. Derivatives data suggests a bullish outlook, with Ethereums seven-day implied volatility aligning with its six-month average at 66%, according to Derive.xyz founder Nick Forster.

Solana's defenders highlight its tech and innovation, arguing meme coin chaos doesn't define the chain's potential or progress

Pump.fun, the Solana-based meme coin launchpad, deposited 65,122 SOL ($11M) adding to its substantial exchange activity. According to a Feb. 20 X post by on-chain analytics firm Lookonchain, the platform has now transferred 2.

Secondary markets for locked tokens refer to platforms or mechanisms where tokens that are under some form of lock-up or vesting schedule.

A cryptocurrency whale moved 123,500 Solana (SOL), worth approximately $20.80 million, off Binance. This large transaction, tracked by blockchain analysis platform Lookonchain, raises questions about the future trajectory of Solana's price.

The Solana price is on the verge of a possible meltdown reminiscent of Terra‘s (LUNA) infamous collapse in 2022. A crypto analyst who identified this bearish trend in the Solana price action has projected a drastic crash to new lows at $22.

Solana (SOL) has encountered significant challenges in recent weeks, with its price plummeting to a three-month low of around $160. This downturn has left traders disheartened, particularly those who saw the token reaching nearly $293 in January.

Following Argentine President Milei's meme coin promotion, the epicenter of Solana's so-called casino, Pump.fun, is showing signs of cooling.

Two years ago, the Solana-based derivatives decentralized exchange, 01 went on an indefinite hiatus until today when it announced that it will relaunch as N1. According to a post from its co-founder Dima Romanov, the exchange will have the support of Arthur Hayes and some other VCs.

The filings for spot Solana (SOL) exchange-traded funds (ETFs) from VanEck, 21shares, Bitwise, and Canary Capital were officially added to the Federal Register on Feb. 18. The US Securities and Exchange Commission (SEC) now has 240 days to approve or deny the filings.

Coinbase has expanded its crypto futures market with the launch of CFTC-regulated Solana and Hedera futures contracts. The move reinforces its commitment to regulated derivatives trading and aligns with its broader institutional expansion, offering traders diverse futures contracts across major digital assets, including BTC, ETH, and DOGE. The post Coinbase Expands US Crypto Futures Market with CFTC-Regulated Solana Contracts appeared first on Cryptonews.

Solana's (SOL) annualized inflation grew by 30.5% after a new priority fee distribution was implemented on Feb. 12. The amount of SOL burned daily decreased from nearly 18,000 SOL to 1,000 SOL.

Bitcoin remains stuck inside the range, with no clear indication of a price breakout or breakdown.

The price of Jupiter Token (JUP) has recovered by 4% today after falling as low as $0.6743 in the past 24 hours, with the exchange token suffering a 12% seven-day drop amid fallout from the LIBRA controversy. The post Jupiter Token Plunges 12% as LIBRA Controversy Rocks the Solana Ecosystem appeared first on Cryptonews.

The cryptocurrency market is no stranger to volatility, but Solana (SOL) is currently facing one of its most severe crashes in recent months. The popular blockchain platform has seen its market capitalization drop by a staggering $40 billion, reaching a three-month low.

Solana has experienced intense selling pressure, now trading at its lowest levels since November 2024 and erasing all the gains from the post-election rally. Once a leader in the altcoin market, Solana is now facing serious risks as the meme coin euphoria that fueled its rise has turned into a bloodbath, raising concerns about its long-term sustainability.

Solana's price has faced significant challenges in recent months. After reaching its all-time high (ATH) of $295 in mid-January, the altcoin has seen a steady downtrend, now trading around $173.

Regulated futures markets are an important step toward an eventual Solana ETF.

Dave Portnoy, the founder of Barstool Sports, has launched his own meme coin and swiftly dumped it, before making a sequel.

Solana (SOL) is up 1% today. That may not seem like much, but this jump could be the first sign of a trend reversal for the native asset of the second most valuable smart contracts platform in the world.

In the last few days, Solana's price dropped dramatically, initially putting its investors in a panic mode. With the whale's recent move, however, traders are now more confident in Solana's future.

As the overall cryptocurrency market hints at signs of price recovery, a crypto whale identified Solana (SOL) as an ideal asset and placed a significant bet.

Solana (CRYPTO: SOL) is down 32% in a month, falling to a three-month low of $161, with trader sentiment at its lowest driven by recent market trends and the LIBRA rug pull. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Solana (CRYPTO: SOL) $171.09 $83.6 billion +0.8% -10.7% Bitcoin (CRYPTO: BTC) $96,324.85 $1.9 trillion +0.1% +1.6% Ethereum (CRYPTO: ETH) $2,714.79 $327.3 billion +0.5% +4.4% Trader Notes: Crypto trader Jelle pointed out that Solana has closed above its prior lows, but the weekly close should be monitored.

Public figures are increasingly driving meme coin speculation, with Donald Trump, Javier Milei, and Elon Musk fueling market frenzies in recent months, to name a few.