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Solana (SOL 0.23%) is hovering around its lowest price in over a year. That comes after an impressive run took it to a new all-time high in January.

Kyle Samani, co-founder and managing partner of Multicoin Capital, outlined his renewed Solana bull thesis in an interview with Frank Chaparro.. Multicoin, one of Solana's earliest backers since its seed round in 2018, is doubling down on its conviction that Solana is the most strategically positioned blockchain to power the future of decentralized finance and payments.

Solana has surged by 12% over the past week, riding the broader market's recovery attempt. At press time, the Layer-1 (L1) trades at $139.41.

BitMEX co-founder Arthur Hayes has once again stolen the spotlight with his recent comment on the social media platform. In a recent X post, Hayes said that Ethereum price will hit a new all-time high of $5,000 before Solana's rally to $300.

XRP's price saw a 13% surge after the SEC dropped its case against Ripple Labs, potentially triggering optimism for future ETF approvals and a rise in market activity.

Solana's price has rebounded 5.87% to $138 amid increased trading volume and network activity, boosted by Polymarket's integration of SOL wallet deposits.

ETPs, the heavily scrutinized investment vehicles, have delivered a resounding verdict: Ethereum is losing ground against XRP and Solana. According to CoinShares, net outflows from ETH-related products reached 86 million dollars in one week, while its rivals are nibbling away at market shares.

Sonic's on-chain activity and its DeFi ecosystem have seen unprecedented growth since the upgrade.

Blockchain betting platform Polymarket announced that users can now make deposits to their wallet using Solana starting March 25.

Solana traders are waiting to see if it can go higher or if it will drop again.

Bitcoin (BTC) has experienced a notable surge, gaining 3% in the last 24 hours, climbing from $84,000 to $88,600, following reports that upcoming US tariffs on major trading partners will be less severe than initially anticipated. However, altcoins like Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) have outperformed Bitcoin's surge in the 24-hour time frame, being the top gainers in the ten largest cryptocurrencies list.

March 25, 2025 05:04:45 UTC U.S. Government Gears Up for Massive Bitcoin Reacquisition – Rumours Reports from multiple sources indicate the U.S. government has deepened its ties with Coinbase and several other American exchanges, as well as major OTC desks, in anticipation of a massive Bitcoin block trade.

Solana started a recovery wave above the $132 resistance zone. SOL price is now consolidating and might struggle to recover above the $150 resistance.

21Shares has announced a major update for Swedish investors: XRP (AXRP), Bitcoin (CBTC), and Solana (ASOL) ETPs (Exchange-Traded Products) are now available on the Nasdaq Stockholm exchange in Swedish kronor. This makes it easier for investors to access these popular digital assets with local currency exposure.

Polymarket is banking on Solana's recent growth as U.S. regulators signal a softer stance on crypto and blockchain-based betting.

Polymarket has added support for Solana (SOL) wallet deposits, a move designed to lower transaction costs and improve user experience as the blockchain-based prediction market continues its meteoric rise. The integration brings one of the industry's fastest, lowest-cost networks to a platform that has already cemented itself as a leading venue for event-based forecasting.

The Solana-based meme coin Morning Routine (ROUTINE), launched on March 21, 2025, has quickly become a sensation, reaching a $19 million market cap by March 23.

Polymarket has sent shockwaves across Solana's ecosystem following the announcement of an integration. Users of the prediction markets platform can now deposit funds into their Polymarket wallet with SOL.

XRP and Solana saw the highest inflows among altcoin-based exchange-traded products (ETPs) in the week ending March 21, with $6.71 million and $6.44 million.

Raydium has maintained Solana dominance, and its token has jumped 12% despite the emergence of a competitor in PumpSwap.

Asset management firm 21Shares has deepened its European footprint by launching three new crypto exchange-traded products (ETPs) on Nasdaq Stockholm, according to a March 24 announcement. The newly introduced products are the 21Shares Bitcoin Core ETP (CBTC), the 21Shares Solana Staking ETP (ASOL), and the 21Shares XRP ETP (AXRP).

Solana co-founder challenges the need for L2 solutions, arguing that L1 blockchains can achieve faster, cheaper, and more secure scalability.

Up until now, Polymarket has primarily required users to buy USDC stablecoins for deposits although it uses the Polygon network.

Major cryptos like Bitcoin, Ethereum, and Solana show rising bullish sentiment, but liquidation risks grow.