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Solana has taken a sharp nosedive, losing nearly 22% of its value and trading around $98.09. This steep drop has sent shockwaves through the crypto community, sparking fears of an imminent larger breakdown.
The last time SOL slipped under $100 was nearly 14 months ago.
Solana (CRYPTO: SOL) plunged below the key $100 threshold Monday, hitting an intraday low of $96.99 as investors fled risk assets amid an escalating global trade war and growing fears of a financial crisis. At the time of writing, SOL is trading at $106.25, down over 7% in the past 24 hours and more than 22% in the last month.
A 300% hike in trading volume didn't stop Solana's native coin from a two-year anti-record amid global trade crisis.
A team of crypto industry veterans, all formerly with Kraken, has acquired majority ownership in Janover Inc., marking a significant pivot for the company toward decentralized finance.
PayPal expanded its list of supported cryptocurrencies, allowing both PayPal and Venmo users to buy, hold, sell, and transfer tokens from their accounts.
The crypto market is bearish today, with Bitcoin and most altcoins falling to multi-month lows. This crash has wiped out more than $1.4 billion in open positions, with traders now wondering whether now may be the right time to sell.
Lily Liu, president of the Solana Foundation, discusses institutional adoption of the network.
The crypto market is facing one of its most violent shakeouts in recent weeks, with major cryptocurrencies like XRP, Solana (SOL) and Cardano (ADA) recording significant losses.
Bitcoin (BTC) and the crypto markets plunged on Monday morning (Asia). The week started with a bloodbath as Donald Trump's tariffs decimated the global stock markets.
PayPal is expanding its cryptocurrency footprint by adding two new tokens—Chainlink (LINK) and Solana (SOL)—to its trading platform, as part of its ongoing strategy to position itself as a key player in the digital asset ecosystem. Starting now, eligible U.S.
The crypto market's downturn, exacerbated by global tariff concerns, highlights its vulnerability to geopolitical tensions and economic policies. The post Bitcoin struggles below $77K, Ether, XRP, and Solana deepen declines ahead of US market opening appeared first on Crypto Briefing.
The price of Solana (SOL) has held above the $110 support at the bottom of the chart.
Solana (SOL) is in the spotlight after the most brutal sell-off in the past year. After falling below the $100 price mark over the past week, the market is recovering, marked by the uptick in SOL volume.
Solana (SOL) has plunged below the $100 psychological level for the first time in over a year, hitting a 14-month low amid escalating macroeconomic fears and declining network activity.
Bitcoin plunged below $75,000 early Monday during European trading hours, triggering a broader crypto market sell-off. Major altcoins including XRP, Solana (SOL), and Dogecoin (DOGE) saw sharp losses, extending declines across the sector to nearly 20%.
As the bloodbath in stocks and crypto assets continues, the top layer 1 cryptocurrencies are coming down to critical support. Will this hold, or will the crash persist?
The wider crypto market continued with bearish sentiment as the New York traders began their new week. Bitcoin (BTC) price has been forming a rising wedge in a falling market, signaling further capitulation during the day, potentially towards $70k. Moreover, the heavy liquidation of long crypto traders, amounting to around $1.
"The uncertainty dragged Solana and Ethereum into a steep downtrend," an expert told Decrypt, saying current trading "smells of profit-taking."
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A top TRUMP whale dumps 309K tokens at a $14M loss as Solana memecoins crash and trade war fears trigger broader selloffs.
Bitcoin and other major cryptocurrencies endured steep losses as global financial markets reeled from escalating trade tensions. The post BTC, SOL, XRP Drop 20% — Billionaire Bill Ackman Calls for 90-Day Pause on Trump's Tariffs appeared first on Cryptonews.
SOL fell below $100 for the first time since February 2024 and is now ranked 7th in market cap with a $52.17 billion valuation.
Ethereum, Solana, and other major altcoins took a beating on Monday as the entire crypto market dropped more than 13%, following a big selloff in Asian markets, leading to more than $1 billion in liquidations.
