Fidelity Investments, overseeing $15.1 trillion in client assets, took a pivotal step toward launching a solana ( SOL)-focused investment product by registering a Fidelity Solana Fund in Delaware on March 20, 2025—a precursor to a potential spot exchange-traded fund (ETF).
The price action of Solana was quite underwhelming over the past week, mirroring the worsening climate of the altcoin market. Interestingly, the launch of the SOL futures exchange-traded funds (ETFs) during the week did very little to jolt the altcoin's price back to life.
Solana's long-term holders are in fear, but there may be some positive signs.
Data shared by the prominent Shibburn tracker in a recent tweet shows that the burn rate metric has surged enormously, stunning the SHIB community with a six-digit increase.
Amid the ongoing bearish market sentiment, Shiba Inu (SHIB), the popular and world's second-largest meme coin, is gaining immense attention from whales and long-term holders.
Fidelity declined to give additional details on the trust, which may signal that an application for a Solana ETF is incoming.
Solana (SOL) has struggled to maintain upward momentum in recent weeks. Although the cryptocurrency showed signs of an uptrend, it is now facing challenges due to declining demand for SOL.
Solana, a major player in the cryptocurrency market, could see its price climb to $200, according to recent observations. This potential rise is connected to a significant increase in the number of people using the Solana network.
In the world of meme coins, Pepe Coin and Shiba Inu are two prominent names and are often considered competitors. Due to PEPE's sudden popularity and exponential growth in 2024, it was seen as one of the most promising cryptos, but SHIB's dominance was the best after Dogecoin and could not be shaken.
After weeks of sideways trading, cryptocurrency analysts are tapping Solana to embark on a meteoric rally in the coming days. Short-term Solana price predictions point to a climb to $150, followed by a spirited push above the $1,000 mark.
The Open House Group, a leading real estate company listed on the Tokyo Stock Exchange, has announced that it now accepts XRP, SOL and DOGE for payments, bringing the total number of cryptocurrencies accepted on its platform to five. Before this move, the real estate company only accepted Bitcoin and Ethereum.
Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a staggering 2025% surge in large holder inflows, signaling renewed interest from large holders, referred to as whales. This sudden spike has sparked speculation about what might be going on and what it means for SHIB's next move.
Analysts are comparing Mutuum Finance (MUTM), now priced below $0.03 in its ongoing presale, to Solana (SOL), as they recognise its potential for exponential growth. Six days into Phase 3, and already sitting at $0.02, the project has raised $4.5million+ from 6400+ investors — a strong sign of early demand.
According to IntoTheBlock data, 84.94% of Shiba Inu (SHIB) addresses are "out of the money," meaning the current price is lower than their average purchase price.
Solana price has had a tough time in the past few weeks as it collapsed nearly 65% since mid-January. However, this bearish outlook could flip on its head after the approval of SOL futures ETF.
A recent tweet published by the Shibarium Updates account spread the word about the layer-2 solution Shibarium approaching two important milestones regarding the total number of transactions on the network and the total amount of wallets linked to Shibarium.
Jitters over Trump's trade policy have weighed on the crypto market in recent weeks. With the selling pressure, most major and top meme coins have recorded double-digit losses over the past two months. Most cryptos appear to have found their footing as they hold steady above crucial support zones.
Shiba Inu (SHIB), which started as a meme coin, has now become one of the most popular cryptocurrencies among investors. Right now, SHIB is trading at $0.0000127, holding strong above $0.0000125.
TL;DR Solana lost 93% of its revenue since its peak in January due to the drop in trading volume and the collapse of memecoins. The activity of trading bots, which once accounted for 86% of transactions, has drastically decreased, further weakening the ecosystem. Solana's TVL fell from $11 billion to $6.
In recent months, the cryptocurrency market has experienced a period of strong instability, with Solana at the center of a crisis that has shaken the entire altcoin ecosystem. After reaching a high of 296 dollars on January 19, 2025, Solana underwent a significant drop, losing over 40% of its value and returning to pre-November 2024 levels.
Over the past week, the Shiba Inu price has faced strong volatility, however, it has managed to hold above the $0.0000125 support levels. Furthermore, large volume transactions for SHIB and rising burn rate can serve as an additional catalyst for the same.
Shiba Inu (SHIB) is currently trading within a descending triangle pattern, a setup that often signals an impending breakout and increased volatility. The memecoin has been squeezed into a narrowing range, posting lower highs while maintaining support near $0.0000125.
TRX holders now have the advantage of seamless swaps with SOL, Solana's native token Expansion to Solana represents a significant step towards greater interoperability and network efficiency.
Solana (SOL) is gaining attention in the crypto market after hitting a new all-time high (ATH) in network adoption. The number of addresses holding SOL has surpassed 11 million, signaling increasing interest in the network.
Due to significant resistance and declining technical indicators, Dogecoin is currently at a pivotal point in its history. A crucial resistance level that could determine DOGE's next market move is difficult for the price to overcome.
Solana (SOL) is under pressure after failing to sustain its recent rally and is now trading lower, following Bitcoin and Ethereum's recent patterns. Despite briefly surging earlier this week, SOL has dropped over 3% in the past 24 hours.
Shiba Inu (SHIB), the popular meme coin, has been struggling to break out of a downtrend that has persisted for the past three months.
A rare bullish pattern forms on Shiba Inu's 4-hour charts, but beware of two incoming sell walls.
Bitcoin's (BTC) recovery continues to face selling at higher levels, indicating that the bears have not given up. Trading resource Material Indicators said in a post on X that “Spoofy the Whale” has been suppressing Bitcoin's price below $87,500.Although the upside is currently restricted, select analysts believe that the downside is limited.
Donald Trump's election win resulted in a series of bullish events and the biggest Bitcoin price rally. However, the hype subsided soon after that, and the investor sentiments turned bearish, and cryptocurrencies crashed.
Solana's price remains in a bear market after falling over 57% from its highest level this year, with further downside likely. Solana (SOL) dropped to $126.5 on March 21, bringing its market cap to $64.
Shiba Inu (SHIB) has underperformed the wider cryptocurrency market since the start of the year. However, a recent development concerning the token's exchange reserves could herald the beginning of a move to the upside.
Shiba Inu (SHIB), a dog-themed meme coin, has battled bearish pressure in the last 30 days. Despite delays in experiencing a breakout, a significant 123.27 trillion SHIB are in profit.
The Open House Group, a leading real estate company listed on the Tokyo Stock Exchange, has announced that it now accepts XRP, Solana, and Dogecoin for payments.
A chart shared by on-chain data aggregator IntoTheBlock has revealed that the “digital silver” coin, LTC, which was created two years after Bitcoin, in 2011, is still popular with long-term investors.
Shiba Inu (SHIB) whales seem to be making a strong comeback, with large holder netflows up a staggering 1,448%.
Cryptocurrency trader and analyst Ali Martinez is leaning bearish on the memecoin FLOKI (FLOKI). Martinez tells his 133,600 followers on the social media platform X that FLOKI has formed a flag pattern on the three-hour time frame.
As the cryptocurrency market continues to surge, one project that has garnered increasing attention is Coldware (COLD). With the price of Sui (SUI) showing a notable rise of 7.01% over the past week, many analysts are speculating about its future trajectory.
Orca (ORCA) has gone up by 154.6% in the past 24 hours after the Korean crypto exchange Upbit listed the token on its large trading platform.
The crypto market dipped back into bearish territory as prominent cryptocurrencies, including Bitcoin (BTC), registered notable declines. BTC reached a high of $86,444 as markets rallied.
Dog-themed cryptocurrency Shiba Inu (SHIB) has seen its burn rate skyrocket by 495% in the last 24 hours, with 14,052,230 SHIB burned over this time frame, per a Shibburn X report.
The competition between Solana and Ethereum is heating up, with the total amount that has been bridged to SOL reaching $72M per deBridge data. This value transfer suggests that users are flocking to SOL to tap low gas fees and fast transaction speeds.
Orca (ORCA) rallied to $5.06, growing by over 170% in hours after an Upbit listing. The rally caused significant short liquidations and market chaos, and ORCA was shorted again as the trend reversed.
There is a substantial resistance cluster for Shiba Inu at the $0.000013 price level, where investors hold 551 trillion SHIB at a loss. This extreme concentration of supply raises the possibility that many addresses are trying to break even or turn a profit at this point, which could lead to a price reversal.
In an astounding development, Shiba Inu's burn rate has skyrocketed by nearly 500% over the last 24 hours. This has sparked widespread optimism, with analysts reinforcing their prediction that the Shiba Inu price will hit the coveted $0.01 target.
Orca has created history with its mind blowing hold over the world. The financial system was revolutionized when Orca started climbing the ladder.
Solana has fallen by 3% in the past 24 hours, with its drop to $127 coming after Solana futures ETFs launched in the US yesterday. The post Solana Futures ETFs Are Live – Will Wall Street Start Buying SOL? appeared first on Cryptonews.