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The price of Bitcoin is still struggling as technical resistance levels put increasing pressure on the asset. The 200-day Exponential Moving Average, a crucial level for trend reversals, has once again rejected Bitcoin following a brief recovery attempt.
CME trades involving Solana futures on Monday generated $12 million in total monetary value and ended with $7.8 million in open interest.
Things are not looking good for the Solana (SOL) price right now, in wake of a weak debut of a new Solana futures product on the CME and as SOL continues to trend lower. The post Could the Solana Price to Dump to $30 in 2025? appeared first on Cryptonews.
Amidst the ongoing market uncertainty, TRX, the native token of Tron, is standing out from other assets due to its impressive performance over the past 24 hours. As of today, March 19, 2025, the asset has recorded an 8% gain, outperforming major cryptocurrencies like Bitcoin (BTC) and Ethereum, along with several others.
Solana Foundation pulls ad following community criticism, as co-founder Yakovenko distances himself from its controversial messaging.
Top altcoins like Solana and XRP are down ahead of the Federal Reserve's policy decision, an event that could shape rate cut expectations.
Solana (SOL) and Cardano (ADA) investors are eyeing Rexas Finance (RXS), an altcoin ready for spectacular development, as the crypto market prepares for its next boom. This $0.20-priced gem revolutionizes blockchain tokenization with its real-world asset (RWA) tokenization method.
Asset managers have filed applications for exchange-traded funds tracking both assets as interest in altcoins has risen.
Sol futures recently started trading on the CME and Sol Strategies President and CEO Leah Wald says traditional institutions will have to take Sol and other alternative currencies seriously.
When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.
Bitcoin, Ethereum, and Solana hit key levels. Will BTC hold $80K, or is more downside ahead?
Trading volume on decentralized exchanges (DEX) on the Solana blockchain has reached its lowest level since the beginning of the year. This represents a drop of nearly 100% from peak values.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Solana (CRYPTO: SOL) futures have started trading on the Chicago Mercantile Exchange (NASDAQ:CME) this week, but early activity was underwhelming compared to major cryptocurrencies like Bitcoin and Ethereum. According to a report by research firm K33, the first day of trading for Solana futures saw a total volume of $12.3 million, with open interest ending at $7.8 million.
There is a lot of talk going on about Solana since a video promoting its upcoming Accelerate conference in New York came out. The ad, which aired on March 17, was quickly taken down because it made fun of gender identity problems, sparking widespread criticism.
Solana (SOL) has been one of the top-performing cryptos, currently trading around $134 but many of its investors are quietly accumulating another promising asset, Mutuum Finance (MUTM), priced below $0.05 in 2025. Mutuum Finance is gaining momentum in its recently launched presale.
Barely days after disclosing that TRX will reach a new all-time high, Justin Sun is setting things in motion. The Tron founder has hinted at an incoming integration of TRX on Solana, sparking industry-wide speculation over the mode of deployment.
Demand for the CME Solana futures product could indicate future investor appetite for an ETF tracking the altcoin.
Solana futures (SOL) on the Chicago Mercantile Exchange (CME) went live on March 17, with a trading volume of $12.1 million on day 1, which fell short compared to Bitcoin (BTC) and Ethereum's (ETH) CME futures debut. CME Crypto futures comparison by Vetle Lunde.
Solana, the rising star of cryptocurrencies, dances with the giants of the CME. Its futures contracts sow the hope for an ETF, but the SEC plays the cautious divas.
Traders seek a rebound, but negativity and external factors may stall it.
Solana (SOL) has gone down 3.4% in the past 24 hours as last week's selling spree seems to be resuming.
Solana generates a lot more fees with a much smaller market cap than Ethereum, Samani argued.
After nearly nine hours of mounting criticism, Solana pulled an ad that featured a therapy session ridiculing pronoun discussions, sparking debate over its messaging.
