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The number of active addresses on Solana has fallen below the January lows, reaching levels from October 2024.

With the price of Solana (SOL 1.13%) falling to nearly $163 on Feb. 18, investors are right to assume it'll take a powerful cocktail of catalysts and new tailwinds to send its price back up toward $300. Something like a totally new category of cryptocurrency investments finding its home on the chain would probably do the trick.

Solana (SOL) has been facing significant headwinds over the past month, with its Total Value Locked (TVL) dropping to a low of $9.90 billion, the lowest since November 2024. However, there are signs that the bearish trend may be losing steam, as the blockchain platform experiences a slight recovery.

Solana has been performing worse these days following increasing selling pressure. The recent hack worth $1.5 billion in the Bybit exchange has strengthened the resistance levels. The recent drop in price has been also triggered by low network activities.

Soon after the Solana price broke out and smashed a new ATH at $295, it was believed that the token may soon make it to $500 before the end of 2025. Meanwhile, the rise of the fallout of the memecoins on the Solana chain harmed the momentum of the SOL price rally.

With the price of Solana (SOL -3.48%) down by 36% in the last 30 days alone and the blockchain rocked by several high-profile scandals and outright scams, investors are wondering whether there's a juicy opportunity to buy the dip here -- or whether the digital coin's glory days are firmly in the past.

Solana meme coins have suffered a harsh reversal this year, costing retail investors billions of dollars.

The creator of DOG says the token's expansion to Solana is proof of Bitcoin's influence, not a sign that the network's fledgling meme coin ecosystem is failing.

The market is mostly falling today, according to CoinStats.

A widely followed crypto analyst believes that one Ethereum (ETH) rival may dip lower before having an explosive rally.

Solana (SOL -2.56%) and Cardano (ADA -4.02%) are two cryptocurrencies that are quite similar in terms of their capabilities, objectives, and target users, but they're quite different in terms of their merits as investments. Both were designed to beat the royalty of the cryptocurrency market, specifically Ethereum, but only one can really be said to have succeeded.

A survey of FTX creditors reveals a strong inclination to reinvest their repayments in cryptocurrencies, with solana (SOL) being the most popular choice. FTX Creditors' Love Affair With Solana A new survey found that 79% of FTX creditors plan to reinvest their repayments into cryptocurrencies, with 29% of the reimbursed funds allocated for this purpose.

Solana drops 13% amid Milei meme coin scandal. Bearish below $180.48 with key support at $161.32. Will it rebound or continue its decline? The post SOL Price Dropped 13% This Week Amid Milei Meme Coin Rugpull: What's Next? appeared first on Cryptonews.

Franklin Templeton filed for the first ever Solana ETF with staking features. Franklin joined the pile of Solana ETF filings following its Solana Trust registration.

The FTX collapse was one of the biggest blows to the crypto market, but many creditors are now looking at it as an opportunity rather than a setback.

The year 2024 was not only a boom year for Solana, but it was also a bear year for Ethereum.

Franklin Templeton filed for an exchange-traded fund on Friday.

Solana (SOL) Total Value Locked (TVL) recently hit $9.90 billion, the lowest level since November 2024, before recovering slightly to $10.3 billion. Despite this bounce, SOL's TVL remains down nearly 30% from January 18, reflecting ongoing concerns about its ecosystem.

Franklin Templeton filed to create a Solana ETF with staking options today. Earlier this month, it filed for a Solana Trust, and today's proposal builds on that initial effort.

Asset manager Franklin Templeton is seeking SEC approval for funds based on the performance of Solana, the sixth-largest coin by market cap.

Franklin Templeton has joined the asset managers waiting in line for approval of a Solana spot exchange-traded fund (ETF). It filed an S-1 form with the United States Securities Exchange Commission (SEC) on Feb. 21.

Franklin Templeton filed for an exchange-traded fund on Friday that will track the spot price of Solana , reflecting the growing interest among asset managers to profit from the popularity of cryptocurrencies beyond bitcoin.

When it comes to crypto, value is determined by price, utility and users. Based on these metrics, is Solana or Ethereum winning the battle to be the best blockchain?

Franklin Templeton is looking to include staking in its proposal to the U.S. SEC for a Solana exchange-traded fund.