Solana completed its most successful quarter at the end of 2024, driven by app revenues that surpassed the performance of Ethereum (ETH).

Is Solana (SOL) set for a comeback or heading for more losses? After dropping from its recent highs, SOL is now testing key support levels.

Solana is not out of the woods, but some signs show that the SOL price rebound might finally be here. While the digital currency has dropped by 1.58% over the past 24 hours, its growth trend shows optimism.

Solana (SOL) price has dropped 15% over the week, testing crucial support at $200 for the third time in three months.

Solana's network achieved record-breaking performance in Q4 2024 with $840 million in application revenue, marking a 213% quarterly increase and establishing itself as the second-largest DeFi network.

Solana price, a Layer 1 blockchain asset, remains around the $200 mark, struggling to recover from the recent market downturn. SOL continues to face selling pressure as broader crypto market corrections weigh on its momentum.

The top 10 cryptocurrencies by market cap have been trading sideways, with no significant price moves over the past 24 hours, according to CoinMarketCap.

Solana-based meme coin deployer Pump.fun continues to draw legal heat as recent allegations claim some tokens launched on the platform violated intellectual property rights. On Feb. 5, Pump.fun a cease and desist letter was issued against Pump.fun by U.S.

A recent report by market intelligence firm Messari has highlighted an extraordinary performance by Solana (SOL) during the fourth quarter of 2024, characterizing it as potentially the best quarter for any blockchain in history. Solana Becomes Second-Largest DeFi Network The report reveals a staggering 213% quarter-over-quarter (QoQ) growth in Chain GDP—essentially the total app revenue generated on the Solana network—rising from $268 million in Q3 to an impressive $840 million in Q4.

Solana (SOL) has recently seen a major influx of investment, with $674 million worth of SOL purchased over the past three weeks. This surge in buying activity has fueled speculation that Solana might be on the cusp of a bullish reversal, despite experiencing a 10.95% drop in price recently.

Solana signs a spectacular performance in the fourth quarter of 2024 with a 213% increase in revenue generated by its applications, amounting to $840 million compared to $268 million in the previous quarter. This rapid surge is based on the explosion of memecoin trading, as well as the rise of tokens related to artificial intelligence.

Solana (SOL) has encountered significant resistance and is struggling to maintain momentum in the market. Despite reaching new heights in its earlier rallies, the cryptocurrency has failed to break the crucial $270 resistance level for several months.

Solana DEX aggregator Jupiter fell victim to a security breach on Wednesday, with its official X account being compromised to promote fraudulent meme cryptocurrencies. The post Solana DEX Aggregator Jupiter's X Account Hacked, Promotes Fake Meme Coins appeared first on Cryptonews.

Sol Strategies' latest move sharpens the line between crypto and traditional finance.

A new altcoin is silently taking the stage as Solana and Cardano exhibit indications of a possible rally. DTX Exchange is a newly developed cryptocurrency fast acquiring popularity and grabbing the interest of both investors and analysts.

The cryptocurrency market is currently witnessing a tug-of-war between the bullish and bearish forces. While Bitcoin, Ethereum, and many other altcoins are showing signs of a range-bound consolidation, two key altcoins—Solana (SOL) and SUI—are standing at critical junctures.

In a series of now-deleted posts, Jupiter's X account promoted what appeared to be a scam memecoin with the ticker $MEOW.

Recently, XRP's price has plummeted below the 50 EMA, which frequently serves as a crucial support for bullish momentum. Many traders are wondering if a return to the $3 mark is still feasible given that the asset is currently having difficulty holding above $2.50.

Solana (SOL) currently accounts for 15% of the smart contract platform (SCP) market capitalization, with projections indicating a rise to 22% by the end of 2025, which could push SOL's price to $520, according to a recent report by VanEck.

Cumulative app revenues peaked in November at $367 million, according to the report.

Pudgy Penguins burned unclaimed Solana airdrop tokens earlier than originally planned, and PENGU's price dipped lower afterwards.

Solana is trading above the crucial $200 level after enduring days of extreme volatility and heavy selling pressure. Despite the uncertainty, Solana remains one of the strongest assets in the crypto market, sustaining its bullish momentum that has been in place since 2023.

Solana's ecosystem is displacing demand for altcoins and Ethereum-based tokens, due to ease of use and more opportunities to bet on new tokens.

Cryptocurrency analyst and trader Jason Pizzino believes three top altcoins may be forming bullish reversals after the market's correction. In a new video, Pizzino tells his 348,000 YouTube subscribers that Ethereum (ETH) may soon regain $3,000 as support after bouncing off of a low of around $2,100.

Solana co-founder Anatoly Yakovenko has opined that Bitcoin, the largest cryptocurrency, is heading toward a "hybrid" proof-of-stake (PoS) model.

The Solana (SOL) price is navigating a bearish zone, failing to recover from the recent crypto market crash. Notably, the Solana blockchain demonstrated exceptional performance in Q4 2024 and January 2025, with several key metrics showing significant growth.

Binance Coin (BNB) and Solana (SOL) have established themselves as two of the most successful altcoins, offering high-speed transactions, strong ecosystems, and real-world utility. However, their price points have made it difficult for new investors to enter at an early stage.

The AMM's month-old perps service is already seeing $100 million in daily volume.

Solana (SOL), one of the leading cryptocurrencies in the market, is currently at a decisive crossroads. After reaching a peak of $220, the price began to decline, breaking through support levels at $215 and $212.

Raydium (RAY) has found itself in a volatile phase, down nearly 20% from its January 30th high. The recent price action has been marked by significant fluctuations, with many traders liquidated in the process.

Solana (SOL) and XRP took nearly double-digit decline in their prices on the weekly timeframe, as U.S. President Donald Trump made key tariff announcements. Bitcoin's decline drags down most altcoins, as crypto traders digest developments in artificial intelligence and the ETF hype for Solana and XRP.

While the top ten cryptocurrencies seem stuck trading sideways, the meme coin world continues to make double digits moves.

The market remains mainly bearish today, according to CoinMarketCap.

The new leadership under Trump still needs to decide the securities attributes of assets such as SOL and XRP. This is key because it's making it difficult for exchanges to place crypto coins.

A Solana investor who turned millions during the blockchain's meteoric rise has pinpointed Mutuum finance (MUTM) as the next explosive opportunity in the crypto market.

The cryptocurrency market is a whirlwind of action. Once the golden child of altcoins, Solana is now battling a pullback after an explosive rally.

Bitcoin (BTC) declined marginally to fall from $99,000 to its current level of $98,100. The flagship cryptocurrency is down over 2% in the past 24 hours as it struggles to build momentum.

Ongoing bullish activities in SOL trading could influence a price rally.

Solana has rebounded to $204.56 with a 4.25% daily gain despite reduced trading volume, as the market recovers from a recent correction triggered by geopolitical events, with technical analysis suggesting potential for further upside movement pending breakthrough of key resistance levels.

Enron, a newly launched project claiming to inherit the old corporation's energy business, launched a highly volatile ENRON token, where 92% of the supply is held by insiders

Solana's price has struggled to break the $270 resistance for the past three months, pushing the cryptocurrency into a vulnerable position.

The start of the day was pretty consolidated for the crypto markets, with the trading volume slashing heavily by close to 30%. Both bulls and bears remain resilient, which may drop the volatility, leading to a range-bound consolidation for a while.

There is still a headwind in the broader digital currency ecosystem, reflected in the key metrics of protocols like Solana (SOL). At the time of writing, Solana's price was changing hands for $205.3, up marginally by 0.44% in the past 24 hours.

Solana price remains above the $200 mark despite recent market corrections. The cryptocurrency briefly dropped to $173 before recovering, reflecting heightened market activity.

Solana started a fresh decline from the $220 zone. SOL price is consolidating and might face resistance near the $215 and $220 levels.

The liquidation heatmap showed that the closest magnetic zones of note were at $6.64 and $5.7.

The rapid rise of CALICOIN highlights the potential for innovative tech to drive market interest, but also underscores volatility in crypto markets. The post Cyborg-made Solana meme token CALICOIN soars to $30 million market cap in two hours appeared first on Crypto Briefing.