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Wintermute withdrew $40 million in SOL ahead of a $2 billion token unlock, raising concerns over selling pressure as market sentiment worsens.

The crypto industry has plunged into another severe slump, with its total market capitalization plummeting to $3.13 trillion- a decline of 0.84%. As a result, top assets are witnessing substantial losses.

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.

After months of excitement, the frenzy surrounding the launch of tokens on Solana is slowing down significantly. Pump.fun, the leading platform for launching memecoins, is experiencing a marked decline in its activity and revenue.

The expansion significantly broadens trading options for users, reflecting a friendlier regulatory environment in the U.S.

Solana price is about to form a death cross pattern, pointing to more downside as its decentralized exchange volume, active users, and revenue crash. Solana (SOL) token has dived to $159, its lowest level since Nov.

The crypto market remained relatively muted over the weekend as markets steadied themselves after the Bybit hack. Bitcoin (BTC) hovered around $96,000 after falling from a peak of $99,411 to $95,063 before marginally recovering and moving to its current level.

Over the past month, solana (SOL) has plummeted 36% in value relative to the U.S. dollar, a stark decline that coincides with anticipation of a substantial token release. Five days ahead of an 11.2 million SOL unlock slated for Saturday, March 1, the digital currency's downward trajectory has intensified.

With a 78% market share, USDC dominates Solana's stablecoin ecosystem, overshadowing Tether (USDT) and other rivals.

The crypto market saw further selling pressure at the start of Monday's trading session, as traders considered recent events from the weekend. Bitcoin and most crypto assets are in the red, continuing Sunday's sell-off.

On-chain data shows Binance has facilitated withdrawals for millions worth of ETH and SOL in the past 24 hours of trading, what could this mean? According to data from Arkham Intelligence, Binance's holdings has seen a surge in activity in

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Binance unveiled a vital update on the tokens KAITO, SOL, ETH, BNB, TST, TRUMP, and TRX this Monday, nabbing investor attention globally. The crypto exchange behemoth is expanding spot trade offerings for these tokens whilst also adding new trade services for them.

The 45% drop of Solana against Bitcoin is certainly not the most expected event of 2025. Solana plummeted massively on its own, but Bitcoin's dominance rise is an important signal that suggests liquidity outflow from the market.

Solana (SOL) tumbles to $157.25 as Binance selloff rumors and an impending $1.79B token unlock fuel market fear. Can SOL rebound from oversold RSI levels?

Amid the ongoing market uncertainty, the SOL price has failed to hold its value above its important support level. This has resulted in it experiencing a major price crash this month.

The short-term situation is definitely difficult.

Despite the negative outlook, the price of Solana is likely to reclaim new highs once FTX sell pressure clears.

For Solana, these early months of 2025 are the best of times and the worst of times. FTX, the exchange that effectively brought it to its knees, its $450M hack signaling the nadir of the previous bear market, is long gone and its founder serving decades in jail.

Solana price remains in a deep meltdown as concerns about its ecosystem continued. It crashed to a low of $160 on Monday, continuing a trend that started earlier this year when it peaked near $280. It has dropped in the last six straight weeks and is now hovering at its lowest level since December.

Solana's price is under intense bearish pressure, having dropped below $160 for the first time since November 2024. The decline follows a broader crypto market correction, compounded by concerns over an imminent $2 billion token unlock from the FTX bankruptcy auction.

Solana's price has dropped below $160 amid concerns over an upcoming $1.77 billion token unlock, decreased network activity, and mounting long liquidations, while PumpFun tests new AMM pools in an attempt to boost trading volume.

The importance of the first ETF on Solana