Solana (SOL) gained nearly 6% on Friday, rallying alongside Bitcoin, as the largest cryptocurrency regains $80,000 as support. However, the total value of assets locked in the Solana chain is down $5.26 billion from its peak, a near 50% drop.
Bitcoin's sharp recovery is proof that dip buyers remain active at lower levels. Will altcoins follow?
TL;DR CME will launch Solana futures on March 17, with contracts of 25 and 500 SOL settled in cash. SOL's price rose 6% following the announcement but remains far from its pre-February crash levels. Analysts warn that the crypto market's recovery could take until April due to a lack of liquidity.
Solana was trading higher even as most digital assets sank further into negative territory on Friday.
Solana price crashed to a multi-month low on Friday before stabilizing after a whale stepped in to buy the dip. Solana (SOL) bottomed at $126.
The announcement came amid a downturn in the crypto markets and caused a spike in SOL's price as markets struggle to recover lost ground.
Cryptos like ONDO, OM, and XYZ are showing recovery, while Solana and Cardano face declines in the market. #partnercontent
Amid a 23% weekly correction in Solana price, Binance has clarified it hasn't sold tokens despite social media speculation triggered by market makers withdrawing substantial SOL from the exchange.
Chicago-based derivatives trading giant CME Group has officially confirmed that Solana (SOL) futures are slated to be launched on March 17.
After a continuous decline in recent days, SOL, the native token of the Solana blockchain, has successfully found support at a crucial level of $130, and the price has now begun to recover.
CME Group said on Friday that it plans to roll out futures contracts on cryptocurrency Solana on March 17, pending regulatory review.
With Solana futures set to launch on CME next month, the path for a spot SOL ETF approval could become clearer.
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The perpetual superiority debate between the Base and Solana communities, which often ignores how one is an L2 and the other is an L1, just got a new iteration.
Solana's community is considering a proposal that could potentially reduce inflation by 80%. The governance proposal, known as SIMD-0228, will usher in a new model that rewards users with greater participation levels.
MetaMask announced plans to incorporate support for Bitcoin and Solana within the year as part of its ongoing product developments.
CME Group expands its crypto offerings with Solana futures, set to debut in March.
CME's Solana futures launch signifies growing institutional interest and maturation in crypto markets, enhancing risk management and trading tools. The post CME Group set to debut Solana futures after early leak hints at XRP, SOL futures offerings appeared first on Crypto Briefing.
The CME group has announced plans to launch Solana (SOL) futures on its derivatives marketplace on March 17. This is significant because it could easily pave the way for the approval of the Solana ETFs.
MetaMask is set to integrate Bitcoin and Solana into its platform in the near future, expanding its functionality for users of these prominent cryptocurrencies.
The crypto investors are no longer strangers to volatility, as crypto tokens rise and drop with changing trends and their demand. At present, the crypto market is witnessing one of the biggest downturns, where most digital assets are crashing.
Virtuals Protocol, a blockchain-based AI platform, has seen its revenue collapse despite expanding from Coinbase's Base network to Solana.
MetaMask is set to expand beyond Ethereum by integrating Bitcoin and Solana, introducing smart contract capabilities, enhancing transaction efficiency, expanding its debit card services, and working toward eliminating gas fees for a more seamless user experience.
The brutal sell-off in the crypto ecosystem this week is serving as a major buying incentive to Solana (SOL) whales. According to data from Lookonchain, 96,180 Solana have left the Binance exchange in one of the biggest acquisition moves thus far this week.
Bitcoin & Solana Integration: Native support for BTC in Q3 2025 and SOL in May. Users can pay fees with any token, reducing ETH dependency.
Solana, once celebrated as one of the most promising blockchain projects in the crypto space, is currently grappling with a significant downturn. The digital asset's trading volume has plummeted by a staggering 99%, raising concern among investors.
As Bitcoin (BTC) potentially prepares to crash all the way down to $70,000, the altcoins are at or near the bottom. Is this the time to buy $ETH and $SOL?
Virtuals Protocol, a blockchain-based AI agent platform, has suffered a sharp decline in revenue, despite expanding from Base to Solana. The post Virtuals Protocol Sees 97% Drop in Revenue Despite Expansion to Solana appeared first on Cryptonews.
Have we seen the last of the meme coin casino? Decrypt spoke to traders, founders, and analysts to find out.
The crypto market is undergoing a new phase of turbulence. Solana (SOL) has fallen by 41% in just a few weeks.
Coinbase-backed Base, an Ethereum Layer 2 network, has introduced three key innovations to improve blockchain scalability and usability. According to a Feb. 27 blog post, these tools—Flashblocks, Smart Wallet Sub Accounts, and Base Appchains—seek to simplify blockchain development while enhancing transaction efficiency.
Bitcoin's (BTC) decline is showing no signs of slowing down, with the price down over 6% in the past 24 hours. The flagship currency briefly dipped under the $80,000 level as bears eye $73,000.
Solana (SOL) price dropped to $130 on Friday, extending its losses after falling 25% last week. The broader crypto market is also struggling, with Bitcoin slipping below $80k.
MetaMask plans to add support for Bitcoin and Solana networks, expanding its reach as the popular Ethereum wallet seeks further traction across the crypto ecosystem. The Consensys-owned wallet announced that this move is part of its product roadmap for 2025.
Rexas Finance enters the cryptocurrency market with quickly rising popularity alongside its promising future prospects. The cryptocurrency market is drawn to Rexas Finance through its blend of SHIB-like hype and SOL-like future potential. Its innovative features and ambitious plans are positioning it as a strong player in the crypto space.
With the changing of the presidential administration in the U.S., the cryptocurrency sector is undergoing a significant regulatory shift. In that vein, one big new development just happened that could deliver some upside to leading cryptocurrency assets like Solana (SOL -6.32%), Ethereum (ETH -10.31%), and perhaps even XRP (XRP -9.22%).
Gala has just launched a bridge that connects GalaChain with Solana, allowing users to transfer assets between the two networks.
Solana's price has dropped to $126, its lowest since October, facing pressure from an upcoming 11.2M SOL token unlock from FTX bankruptcy estate while experiencing decreased network activity and DeFi engagement.
The popular crypto wallet will soon support Solana and Bitcoin, giving users more flexibility in managing their digital assets. But that's not all.
Solana has fallen to $126, its lowest price since mid-October, as investors prepare for an upcoming 11.2 million SOL token unlock from the FTX bankruptcy estate. According to crypto.
Two Solana futures exchange-traded funds (ETFs) from Volatility Shares have appeared on the Depository Trust and Clearing Corporation (DTCC) list.
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.