Solana sees $120 million in network inflows and Canadian ETF approval, but technical indicators show mixed signals for SOL's price direction.

Solana (SOL) eyes a 40% breakout as it forms a bullish inverse head and shoulders pattern, bolstered by Canada's launch of North America's first spot Solana ETFs.

This Solana ETF is set to begin trading on the Toronto Stock Exchange (TSX) on April 16, 2025. The new ETF is backed by a $50 million lead investment from SkyBridge Capital.

Solana, Cardano, and Avalanche are currently leading the cryptocurrency market losses, with each experiencing drops of over 5% in the past 24 hours.

Crypto markets steadily rose in Asian morning hours Thursday after a sell-off the night before as Fed chair Jerome Powell dashed hopes of early rate cuts as global markets reel from the impact of newly-levied U.S. tariffs.

There is a key level everyone's watching on Solana's charts.

Over the past 30 days, crypto market participants have bridged more than $120 million in liquidity to Solana (SOL) from other blockchains, signaling renewed confidence in the network. Traders transferred the highest amount from Ethereum (ETH) at $41.5 million, followed by a $37.3 million influx from Arbitrum, according to data from Debridge.

Over the past week, Solana has maintained a notable bullish performance, rising by more than 20% after a recent drop to the $100 support zone on April 9. While SOL has recovered its upward trend, key metrics show a major area of interest in its price dynamics for a significant number of investors.

Raydium, Solana's top DEX by volume, has launched LaunchLab, a customizable token creation platform directly challenging Pump.fun and aiming to streamline on-chain token launches and trading across the Solana ecosystem. The post Raydium Fires Back with LaunchLab as $2.5B DEX War with Pump.fun Explodes on Solana appeared first on Cryptonews.

Solana's native token SOL (SOL) failed to maintain its bullish momentum after reaching the $134 level on April 14, but an assortment of data points suggest that the altcoin's rally is not over. SOL price is currently 57% down from its all-time high, partially due to a sharp decline in its DApps activity, but some analysts cite the growth in deposits on the Solana network as a catalyst for sustained price upside in the short term.

Solana looks surprisingly bullish, considering the broader crypto market continues to flirt with bearish stagnation.

Raydium, Solana's largest DEX and AMM, has officially launched Launchlab, a token launchpad with a similar design and functionality as Pump.fun, one of Solana's most popular meme coin launch platforms. Some hours ago today, April 16, 2025, Raydium took to X, formerly Twitter, to announce Launchlab.

We've highlighted the milestone that is spot solana ETFs launching on the Toronto Stock Exchange, but industry watchers aren't expecting big demand initially.

Solana (SOL 3.76%) holders are no stranger to risk, given the coin's wild volatility and its occasional use by unsavory characters. With such a risky profile to begin with, investors need to be on the lookout for new threats emerging that might make its balance of risk to reward somewhat less favorable.

Solana is trading above the $125 level after bulls stepped in and reclaimed key levels, sparking optimism across the market. After enduring weeks of massive selling pressure, this recovery marks the first sign of strength from buyers since early March.

LaunchLab by Raydium is now live, offering a more robust Solana token launchpad following a break with former ally Pump.fun.

Solana's rise, Mantra's crash, and market metrics now dominate crypto social chatter, signaling shifting investor focus.

Bitcoin (BTC) has risen above $85,000, signaling that the bulls are trying to form a higher low at $83,000. The short-term price action remains susceptible to news related to the US tariffs and the ongoing trade war with China.Gold has been a clear winner during the current bout of macroeconomic uncertainty.

Solana price could be heading toward a major drop, according to crypto analyst Ali. In a recent analysis, Ali suggested that SOL might be retesting the breakout zone from a right-angled ascending broadening pattern.

Solana (SOL) has outperformed its peers in the past week with gains of 18.5% as Fartcoin (FART), a Solana-based meme coin has managed to draw interest to this battered category again.

At the beginning of 2025, Layer-1 (L1) blockchain network Solana found itself in the spotlight, thanks to meme coins.

Publicly traded firm Janover disclosed the acquisition of 80,567 SOL for $10.5 million in its latest announcement. The company added that it will “begin staking its newly acquired SOL immediately.” From Nasdaq to Node Operator—Janover Stakes Its Claim on Solana Janover Inc.

The XRP price has fallen by 4% in the past 24 hours, yet a recent report from Kaiko underlines how the coin could explode later this year. The post XRP Price Eyes Breakout as ETF Approval Odds Rise, Beating Solana and DOGE appeared first on Cryptonews.

Solana (CRYPTO: SOL) is trading 5.72% lower Wednesday at $125.21, leading losses across major altcoins after a weeklong rally. The coin is up 18.94% over the past week and trimmed its monthly loss to just 2.18%.

Real estate-focused financial technology firm Janover has acquired 80,567 Solana tokens for roughly $10.5 million.According to an April 15 announcement, with its latest purchase, Janover's Solana (SOL) holdings reached 163,651.7 — worth about $21.2 million, including staking rewards. With this investment, the amount of Solana per each of the 1.5 million shares reached 0.11 SOL, valued at $14.47 — an increase of 120%.

The crypto market tanked over the past 24 hours, with the market cap declining almost 3% to $2.63 trillion as bearish sentiment returned. Bitcoin (BTC) peaked at a local high of $86,397 before investors began booking profits.

The Solana price has fallen by 5% to $125.80 today, but the addition of Solana token trading on OpenSea points to the big growth the alt could experience soon. The post Is Solana Price About to Explode? OpenSea Adds SOL Trading Ahead of SEA Token Launch appeared first on Cryptonews.

XRP and Solana (SOL) are emerging as leading candidates for spot exchange-traded fund (ETF) approvals in the United States. According to a recent report by Kaiko analysts, these two assets stand out due to their high liquidity, with the Ripple-related token potentially taking the lead in market readiness.

UK Labour MP Lucy Powell's verified X account was hacked to promote a fake Solana token called "House of Commons Coin," highlighting the growing risk of crypto scams targeting high-profile political figures through social media breaches. The post UK Lawmaker's X Account Reportedly Hacked to Promote Fake Solana Token appeared first on Cryptonews.

Is Janover trying to become the MicroStrategy (now known as Strategy) of Solana (SOL)?

Solana's price is currently consolidating, but analyst Ali Martinez has predicted that SOL could drop to $65 in the near future.

The altcoins underperformed relative to the broader market in today's trading, despite some encouraging recent news emerging for the Solana ecosystem.

The alternative digital asset manager 3iQ is launching its Solana ETF on the Toronto Stock Exchange today, with Figment as the primary staking provider. The post 3iQ Launching First SOL Staking ETF in North America with Figment as Primary Staking Provider appeared first on Cryptonews.

Janover's Solana holdings now total 163,651.7 SOL — valued at $21.2 million, inclusive of staking rewards.

After weeks of rally and strong fluctuations, the cryptocurrency market has experienced a setback with a decline of over 3% in the last 24 hours. This pause comes in a climate of high volatility, as observers note contrasting technical signals on Bitcoin, Solana, and Dogecoin, and interpret the recent accumulation moves by large investors. In the last few hours, the price of Bitcoin ( BTC ) has dropped to nearly 83,500 dollars, after surpassing the 84,200 mark the previous day. The 3.3% decline in the overall capitalization of the crypto market follows profit-taking that interrupted the most recent bull momentum.

The cryptocurrency price prediction for today, April 16, suggests choppy moves will continue as Bitcoin price defends $80,000 while Ethereum holds on to the $1,500 support level. Meanwhile, macro trends are shifting as President Trump considers pausing auto tariffs.

Solana trades at $134 while institutional buying and meme coin recovery fuel bullish sentiment, with analysts eyeing a potential rise to $170.

The launch of the official Pengu Validator, built in partnership with Sol Strategies. The Pengu Validator lets users earn a strong return on their SOL.

Bitcoin (BTC) and major cryptocurrencies fell over 3% as profit-taking followed Tuesday's rally.

Today, April 16, in Canada, several spot ETFs on Solana are debuting for the first time. Bloomberg analyst Eric Balchunas states this, adding that staking on a portion of the SOL reserves will also be allowed to obtain an additional yield. The Bloomberg analyst, Eric Balchunas, revealed in a post on X that today, April 16, several spot ETFs on Solana debut in Canada.

Cryptocurrency scammers hijacked the X account of UK member of parliament Lucy Powell to hype up a scam token and dump it on unsuspecting traders.

Soaring revenue, record SOL/ETH, unmatched throughput - Can bulls seize Solana's breakout?

Solana (SOL) is gaining bullish momentum, posting a 1.76% daily increase to trade around $131. The asset has maintained an ascending trendline in recent sessions, indicating growing buying pressure.

Canada's financial regulators have given the green light to multiple spot Solana (SOL) exchange-traded funds, marking another cryptocurrency milestone for the country. According to Bloomberg ETF analyst Eric Balchunas, these new investment products will hit Canadian markets on April 16, 2025.

Janover, a real estate-focused fintech company, has ramped up its investments in Solana (SOL), now holding a total of 163,651 tokens, valued at approximately $21.2 million.

Four asset managers—Purpose, Evolve, CI, and 3iQ—are set to launch spot Solana exchange-traded funds (ETFs) in Canada on April 16.

Fintech commercial real estate firm Janover (JNVR) has seen its stock price surge nearly 1,700% this month after pivoting to a crypto-focused strategy centered on Solana (SOL). The company recently purchased an additional 80,567 SOL tokens worth $10.5 million, boosting its total holdings to 163,651 SOLvalued at approximately $21 million.

As investor sentiment shifts globally, the Dollar Index (DXY) has continued its losing streak and entered a steep downward spiral, breaking below important support levels. With a significant intraday increase of 1.48%, Bitcoin is demonstrating strength and resilience in the meantime, reaching $85,885.