Grayscale, the leading cryptocurrency asset manager, has filed to launch a Solana exchange-traded fund (ETF).
Solana whales have started offloading their tokens to cash in on their gains from a staking play that began four years ago. In April 2021, four whale addresses staked 1.79 million Solana (SOL) tokens, then worth about $37.7 million.
TL;DR The viral Web3 game “Infected” has abandoned Ethereum's Base network due to scalability issues and high gas fees during its launch. The developers argue that the problem isn't just Base, it reflects a deeper, fundamental issue with all EVM chains, while Solana offers a smoother, user-focused experience.
Solana faces bearish pressure, dropping 8% to $115 amid market turbulence, with analysts warning of a potential decline below $100 despite ecosystem growth and Fidelity's spot Solana ETF filing. The post Crypto Analyst Sounds the Alarm on Solana Price: Could SOL Fall Below $100 Despite Fidelity ETF Filing? appeared first on Cryptonews.
It's been three weeks since Solana's validators failed to pass SIMD-0228, a governance proposal that aimed to shift Solana's issuance to a market-based mechanism and reduce inflation in the process. But while validators — who earn their keep partly from Solana inflation — voted the measure down, issuance still doesn't feel like a settled question.
Grayscale's move to launch a Solana ETF could enhance institutional access to crypto markets, potentially boosting Solana's market presence. The post Grayscale files S-1 for spot Solana ETF with SEC, staking excluded appeared first on Crypto Briefing.
Solana has experienced its largest single-day token unlock, with more than $200 million worth of SOL entering circulation as investor interest in the network weakens. According to blockchain analytics platform Arkham Intelligence, over 1.3 million SOL tokens were released from staking on April 4.
Dogecoin price is struggling above $0.16 as a brutal selloff across the broader crypto market continues to weigh on the meme coin. Three factors now indicate that more bearish headwinds lie ahead and could spark a massive downturn for DOGE price to $0.06.
A closely followed crypto strategist believes that one Ethereum (ETH) competitor may have reached a local bottom amid a broad market sell-off. Pseudonymous analyst Inmortal tells his 231,100 followers on the social media platform X that Solana (SOL) may be presenting a rare buying opportunity after hitting the 24-hour low of $112.
The team behind Infected , a crypto game based on a pandemic scenario, has decided to switch blockchains after a troubled launch.
Solana's price has fallen to $116, marking a 12% decrease over the past week amid growing concerns about large investors selling their holdings. According to reports, several major cryptocurrency holders, known as “whales,” unstaked and moved approximately $46 million worth of SOL tokens to exchanges, fueling the downward trend.
SOL could record its steepest fall in a long while.
The market fall has not lasted long, according to CoinStats.
Big Solana investors and traders are offloading the asset in anticipation of a major token unlock.
Dogecoin price soared over 2% today, indicating a renewed market interest in the leading meme coin. Amid the current surge, a top market expert has further fueled discussions with his bold prediction, hinting towards a potential DOGE rally to $2 by this month's end.
Solana's price is facing intense pressure as the broader crypto market experiences a sharp downturn.
A major Solana unlock has raised eyebrows across the crypto space after $33.27 million worth of SOL was sent to centralized exchanges. On an Apr.
A large Solana (SOL) unlock flowed into four whale wallets, as the owners sent their tokens to Coinbase and Kraken. After April's unlocks, the SOL release schedule will slow down for the rest of the year, with lower selling pressure.
Fidelity Investments received SEC acknowledgement for its spot Solana ETF filing. The launch of an ETP product could possibly propel a rally in SOL.
Viral game “Infected” rage-quitted Ethereum's Base and is packing its bags for Solana. The pandemic simulation game that spread like wildfire announced it is ditching Base for Solana after its launch turned into a gas fee horror show.
On April 3rd, the USDC Treasury minted 250 million USDC on the Solana blockchain, according to blockchain tracker Whale Alert. The freshly created tokens, valued at approximately $249.9 million, were issued just hours before press time as part of Circles ongoing efforts to boost USDCs circulating supply and meet growing market demand.
The U.S. Securities and Exchange Commission (SEC) has officially acknowledged Fidelitys application for a Solana exchange-traded fund (ETF), signaling growing institutional interest in the altcoin despite current market turbulence. Fidelity, one of the worlds largest asset managers with approximately $4.9 trillion in assets under management, entered the Solana ETF race in late March.
Dogecoin (DOGE) is at a critical juncture, with analysts closely watching the $0.16 support level to determine its next big move. According to crypto analyst Ali, if DOGE holds above $0.16, a breakout rally could send it soaring to $0.57.
Dogecoin struggles below $0.17 with analysts predicting $0.57 potential if it breaks key resistance levels at $0.18 and $0.21.
Solana's price tests critical support while network fundamentals strengthen with institutional adoption and DeFi growth, suggesting potential recovery.
Several whales unstaked and dumped SOL worth $46.3 million into the market.
This week, we examine Ethereum, Ripple, Cardano, Solana, and Shiba Inu in greater detail. Ethereum (ETH) Ethereum and most of the market closed March in red and April opened with a tariff war which crashed prices this week.
Solana price has extended weekly losses to 14% amid heightened selling pressure for the cryptocurrency. Whale data on Friday revealed that roughly $46M worth of SOL was unstaked and offloaded to exchanges in recent days.
Base architect Jesse Pollak responded to Infected's claims, saying the chain functioned as intended and the issues were due to the frontend.
Solana's next move hinges on its reaction on the price charts.
The dust for the U.S. reciprocal tariffs imposed on more than 100 nations has begun to settle. Bitcoin (BTC) price held above $82k, as the wider altcoin market, led by Solana (SOL), attempts a bullish recovery, following the maximum pain experienced since the Donald Trump administration took office.
Though the market for cryptocurrencies shows conflicting signals, Solana (SOL) seems ready for a breakthrough. Technical indicators point to SOL getting prepared for a notable upward rise following a sequence of price swings and periods of consolidation.
Dogecoin started a fresh decline from the $0.180 zone against the US Dollar. DOGE is consolidating and might struggle to recover above $0.1680.
President Donald Trump's recent announcement of new tariffs has sent ripples through global markets, affecting everything from traditional stocks to digital assets.
Pornhub, the popular adult entertainment website, has added Bitcoin and Litecoin to its payment options. The adult website has been already accepting the cryptocurrency verge (XVG) from 2018.
On April 3rd, the USDC Treasury, in its regular attempt to boost the supply of USDC in circulation, created 250 million fresh USDC tokens on the Solana blockchain, according to data provided by blockchain tracker Whale Alert.
The Dogecoin price has been defying broader market weakness by establishing a series of higher lows. Amidst the market downturn, technical indicators suggest that Dogecoin could be setting the stage for an explosive rally, with analysts predicting a 270% surge to a new price high.
Solana (SOL) is under heavy pressure, with its price down more than 10% in the last 24 hours as bearish momentum intensifies across key indicators. The Ichimoku Cloud, BBTrend, and price structure all point to continued downside risk, with SOL now hovering dangerously close to critical support levels.
Dogecoin (DOGE) continues to ride a wave of momentum, surging 4% in the last 24 hours to reach a high of $0.1706. Analysts are abuzz with predictions that DOGE could climb as high as $0.609 by the end of April 2025.
An analyst has explained how Dogecoin could be at a make-or-break level right now based on a technical analysis (TA) chart pattern. Dogecoin Is Retesting The Lower Bound Of An Ascending Channel In a new post on X, analyst Ali Martinez has shared a TA pattern potentially forming in the meme coin's 1-week price chart.
Dogecoin has extended its decline below $0.17 in the past 24 hours but is now flashing one of the most bullish signals in years.
Solana's price action is dividing opinion on the internet as investors and analysts alike have opposite views on this token. Some call for $200 while others feel it's time to break the $100 barrier and reach $80.
The SEC acknowledging such a filing typically means it will then be published in the Federal Register, initiating the approval process.
Cryptocurrency markets are trading lower on Thursday, following a significant decline in traditional financial markets. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $82,025.41 -5.1% Ethereum (CRYPTO: ETH) $1,785.61 -6.5% Solana (CRYPTO: SOL) $115.31 -11.7% XRP (CRYPTO: XRP) $2.05 -4.6% Dogecoin (CRYPTO: DOGE) $0.1587 -8.5% Shiba Inu (CRYPTO: SHIB) $0.00001221 -3.6% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 7.5% and daily active addresses falling by 6%.
Singapore-based fiat-to-crypto payments provider Alchemy Pay has expanded its solution with support for Hedera's native token.
The U.S. Securities and Exchange Commission (SEC) has now acknowledged Fidelity's Solana exchange-traded fund (ETF) filing.
SEC acknowledges Fidelitys Solana ETF filing as SOL drops 12% and Paul Atkins advances as SEC Chair nominee. The post SEC acknowledges Fidelity's Solana ETF filing as SOL sinks 12% on Trump tariff shock appeared first on Crypto Briefing.