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Solana's price has faced significant struggles in recent weeks, particularly in its attempt to breach the key resistance of $183. The altcoin's inability to break through this level has caused a pullback, leaving it trading at around $150.
Industry heat turns up: Donald Trump's crypto reserve plans get roasted a day before White House Crypto Summit.
Hamster Network has reached a significant milestone in blockchain technology by processing 34,028 transactions per second (TPS), surpassing leading platforms such as Solana and Aptos.
Recent data indicates a significant decline in whale activity for both Dogecoin (DOGE) and Solana (SOL), suggesting reduced interest from large investors. For Dogecoin, large transactions have plummeted nearly 88% since mid-November 2024, leading to diminished liquidity and investor confidence. In contrast, Mutuum Finance (MUTM) is witnessing a rapid increase in whale interest.
Solana co-founder Anatoly Yakovenko opposes Trump's idea for a U.S. crypto reserve, stating it goes against decentralization by putting it in the hands of the government.
Solana validators are voting on a major cut to SOL's staking rewards.
Ripple Labs executives have proposed to US President Donald Trump to include SOL in the Strategic Digital Asset Reserve (SBR), which was announced on 2 March. The move should make the addition of XRP more legitimate, Unchained wrote.
The market appears to be pricing in minimal expectations for these altcoins.
TL;DR Solana is experiencing explosive growth in DeFi, with several protocols surpassing $1 billion in total value locked (TVL), challenging Ethereum's dominance. In Q4 2024, decentralized exchange (DEX) volume on Solana exceeded that of Ethereum, marking a significant shift in DeFi activity.
Solana (SOL) is currently navigating a tumultuous phase, as massive amounts of the cryptocurrency are being unstaked and put up for sale. This movement has created a series of liquidity pressures, leading investors to question whether Solana can withstand this challenging environment.
On Sunday, US President Donald Trump unveiled a Strategic Crypto Reserve featuring multiple digital assets: Bitcoin, Ether, XRP, Solana (SOL), and Cardano (ADA). Many observers were initially surprised to see altcoins—particularly XRP, SOL, and ADA—in a federal-level announcement once presumed to revolve solely around Bitcoin.
Solana co-founder Anatoly Yakovenko says a U.S. crypto strategic reserve would undermine decentralization, calling for no reserve at all.
TL;DR Solana's co-founder, Anatoly Yakovenko, opposes a U.S. crypto reserve, arguing it would centralize control and undermine crypto's core principle of decentralization. Yakovenko proposes state-level control over crypto reserves to preserve decentralization and provide a safety net against federal errors.
Solana co-founder Anatoly Yakovenko opposes a US national crypto reserve, warning that government control could undermine decentralization.
Solana co-founder Anatoly Yakovenko opposes a US national crypto reserve, warning that government control could undermine decentralization.
The cryptocurrency market staged a sharp recovery, bouncing back from a steep sell-off sparked by Trump's announcement of 25% tariffs on U.S. imports from Canada and Mexico.
Solana (SOL 2.59%) is down 30% so far this year, and many investors expect it to fall even further, and soon. But, as wise investors know, there's a smart set of reasons to sell an investment and a much larger set of ill-advised selling reasons that may lead your portfolio's value downward over time.
Despite $SOL's recent dip to $131, 55% below its all-time high of $294 recorded two months ago, our Solana price prediction for the rest of the year is bullish. $SOL is currently trading at $148.85 with a 5.83% weekly increase, though the monthly trend is bearish (-27.42%).
A major crypto moment is set for Saturday, March 7. The White House will host its first-ever Crypto Summit, where discussions will go beyond Bitcoin (BTC) and Ethereum (ETH).
A major crypto moment is set for Saturday, March 7. The White House will host its first-ever Crypto Summit, where discussions will go beyond Bitcoin (BTC) and Ethereum (ETH).
Solana Labs co-founder Anatoly Yakovenko has revealed that he is against a crypto reserve in the United States. He believes that a crypto reserve will lead to the failure of decentralization once the government is put in charge of it.
Anatoly Yakovenko, the co-founder of the Solana (CRYPTO: SOL) ecosystem, argued against a federal government-controlled cryptocurrency reserve Wednesday, citing a threat to decentralization. What Happened: In an X post, Yakovenko outlined his order of preference for a potential cryptocurrency reserve.
A large Solana (SOL) whale moved 494,153 SOL, valued at approximately $72 million, to Coinbase Institutional, fueling fears of an impending sell-off. This large transfer to an exchange, commonly known as an “exchange inflow,” typically signals that the investor may intend to sell the assets, leading to increased supply in the market.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) Ethereum closes another week in red after the price fell by 3%.
