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As the crypto market sell-off intensifies, one analyst believes that Solana price is due for a strong rebound, citing its performance in 2021. His thesis comes as the SOL price remains in a bear market after falling by almost 60% from its highest level this year.
Amidst the ongoing sell-off in mainstream cryptocurrencies, a new contender, Remittix is emerging as a potentially superior investment option for forward-thinking crypto enthusiasts. Established names like Ethereum, Cardano, and Solana are having a hard time since the start of 2025.
Solana's market capitalization is over $69.11 billion, now trading at about $138.71. With analysts continuously monitoring important resistance and support levels to guide its next action, the bitcoin has shown tenacity over the last months among market swings. XRP, which is now valued at roughly $2.29, has a market capitalization of approximately $129.
The token's realized price, the average cost basis of all coins last moved, has dropped below $134 for the first time since May 2022.
Solana (SOL), once ranked as the third-largest cryptocurrency by market capitalization after Bitcoin and Ethereum, has dipped below its realized price level for the first time in nearly three years. On March 11, SOL fell to approximately 8% below its realized price of $134, a level last seen on March 9.
Cryptocurrencies traded in red on Tuesday as bears triumphed amidst the prevailing macroeconomic woes. Let's check Solana, Pi Network, and Cardano's near-term structures and what to expect in the upcoming sessions. Solana revenue hits record lows Solana led crypto gainers early in 2025 as meme token activities dominated its ecosystem.
Solana (SOL), currently ranked the sixth-largest cryptocurrency, has reclaimed the $123 mark, following a slight recovery on the market. This has raised questions about whether the broader market sell-off that saw Bitcoin collapse below $80,000 is over.
TL;DR Validator Network Expansion: Sol Strategies nearly doubled its staked SOL, reaching 3.3 million, by acquiring Laine and adding 1.5 million delegated SOL to its existing 1.8 million. Strategic Leadership Addition: Michael Hubbard, Laine's founder, joins as Chief Strategy Officer, marking the company's third validator acquisition since its September 2024 pivot to focus on Solana.
A Solana whale accumulated $23.2 million worth of SOL as the cryptocurrency approaches a technical "death cross" pattern amid broader market weakness.
Solana's price falls below key technical level for the first time since March 2022, signaling potential extended decline ahead.
A widely followed analyst is outlining the potential path forward for Bitcoin (BTC), Solana (SOL) and other crypto assets. The analyst pseudonymously known as InvestAnswers tells his 563,000 YouTube subscribers that Bitcoin, Solana and other crypto assets are in a “classic bear trap.
The crypto market is going through a phase of uncertainty, where every technical indicator is scrutinized closely. Solana, long considered one of the most promising projects in the sector, finds itself at a decisive crossroads today.
SEC Acting Chairman Withdraws Key Regulation Proposal Related to Crypto Platforms
Solana's on-chain revenue has sharply declined over the past two months as the meme coin trading mania that fueled its surge has cooled. The post Solana's Weekly Revenue Plummets 93% from $55M Peak as Meme Coin Frenzy Fades appeared first on Cryptonews.
A Solana whale rattled the crypto sector on Tuesday, heavily accumulating SOL amid a broader market dip. On-chain whale data signaled that a whopping 195,000 coins were sacked from crypto exchange giants as SOL price slammed around $120.
Ordinals co-founder Casey Rodamor has downplayed Ethereum's chances in the long run. This follows growing competition from other networks and a rising Bitcoin dominance.
The crypto market today has been in a tussle with the bears, as recession fears a nd liquidity pressures have sent shockwaves across crypto assets. The turbulence is such that the Fear & Greed Index has dropped to an “Extreme Fear” score of 15, for the first time since the FTX crash.
Solana network revenue and total value locked onchain have collapsed in the past two months as interest in memecoins has continued to taper off. Weekly network revenue on the Solana blockchain hit a record high of $55.3 million in mid-January amid the height of the memecoin minting frenzy.
SOL is testing key support levels amid declining futures sentiment.
White House Crypto Summit Will Feature Many Important Industry Figures
Solana (SOL) is coming under heavy sell pressure right now, already down more than 60% from its January highs near $300. The post Solana Crashes 60% in 2025 – Could SOL Collapse to $30 Again? appeared first on Cryptonews.
The total amount of transaction fees generated on the Solana network last week stood at just 53,800 SOL.
Not even the president's meme coin is weathering the crypto market downturn, with TRUMP now down more than 85% from its all-time high.
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