The price of Solana (SOL) has taken a significant hit over the past week, dropping by 17% and failing to hold the $200 mark. Currently, SOL is facing increased bearish momentum, leaving traders wondering if the cryptocurrency will continue to slide or if it is poised for a potential reversal.
Crypto pundit Investments CEO has provided a bullish case for the Dogecoin price, XRP, and Solana amid this market downtrend. He revealed his price targets for these cryptos, with each target marking a new all-time high (ATH) for them.
After a price drop of over 25% in recent days, Solana (SOL) is poised for a massive upside rally, having formed a bullish price action pattern on the four-hour timeframe. This bullish outlook has attracted notable investors and traders to the asset, as revealed by the on-chain analytics firm Coinglass.
With Solana's performance falling against Bitcoin, key metrics could dictate where the altcoin goes next.
The U.S. Securities and Exchange Commission (SEC) is acknowledging crypto asset management firm Grayscale's bid to create an exchange-traded fund (ETF) for the smart contract platform Solana (SOL).
The move builds on its successful bitcoin futures trading and is set to strengthen Brazil's cryptocurrency market.
Canary Capital CEO Steven McClurg said his firm has no plans to offer a Dogecoin ETF, despite expectations of potential approvals this year.
Solana has faced relentless selling pressure since late January, wiping out over 40% of its value after reaching all-time highs. Price action remains bearish, with SOL struggling to find strong support as the broader market experiences volatility.
Sellers' pressure remains relevant today as well, according to CoinStats.
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Shiba Inu (SHIB) is in the spotlight as the combined crypto market capitalization dropped by another 1.48% in 24 hours to $3.13 trillion. Shiba Inu has, however, decoupled from the general trend, inking a minor uptick within the same time span.
Solana price drops 15% in a week, struggling below $203 resistance. Can ETF approval boost recovery, or is a deeper correction ahead? The post Solana Struggles: Price Down Almost 15% in a Week – Is It Time to Buy? appeared first on Cryptonews.
Although Solana (SOL) and Shiba Inu (SHIB) are still well-liked in the crypto market, a startling change is occurring: smart investors are subtly shifting their money onto a new altcoin with great 2025 potential.
Solana meme coin POPCAT price has again secured a prominent mark on crypto traders' and investors' radars, pumping 22% amid a major listing. Notably, as the crypto exchange giant Coinbase expanded trade offerings for the token, a bullish market sentiment bubbled in.
The cryptocurrency market constantly fails to regain momentum with top tokens losing significant valuation in their respective portfolios. Notably, top tokens have failed to hold their value above their important support levels, indicating rising uncertainty in price action. With the market turning extremely volatile, investors are closely watching their portfolios with constant FOMO & FUD.
The popular rapper and singer Kanye West will likely do something that not many have expected from him, i.e., a meme coin launch.
The cryptocurrency market has recorded a bearish pullback this week. This resulted in top tokens breaking down their immediate support trend levels. With this, the SOL price has failed to reclaim the $200 mark.
Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a 5,277% surge in large holder netflows, an indicator that provides an idea of the change in the positions of whales or large holders.
As the crypto market experiences turbulence, the Shiba Inu price remains near $0.000015, struggling to gain momentum amid widespread corrections. Bitcoin's drop below $97,000 has fueled uncertainty, pressuring altcoins.
Shibburn blockchain tracker has revealed that over the past 24 hours, the SHIB army has managed to burn more than a dozen million meme coins out of the circulating supply, triggering a massive burn rate increase.
Shiba Inu (SHIB), the second-largest meme coin by market capitalization, faces severe downside momentum as several technical indicators turn bearish. As the market enters a correctional phase due to the decline in Bitcoin, Shiba Inu records a 61% decline in burn rate while its trading volume falls below $400 million.
Solana (SOL), one of the leading smart contract platforms, has been given a bullish price target by global investment firm VanEck. According to their latest analysis, the price of SOL could reach $520 by the end of 2025, driven by an expanding smart contract market, increasing institutional interest, and favorable macroeconomic conditions.
Celebrity account hacks for crypto scams highlight vulnerabilities in social media security, risking public trust and financial losses. The post Did Kanye West just expose how celebrity X hacks are used to pump fake Solana meme coins?
On-chain data shows Shiba Inu has a high concentration of supply on its largest holders. Here's how Ethereum and other altcoins compare.
Investment giant VanEck has projected Solana (SOL) could hit $520 by the end of 2025, marking a 165% increase from its current price of $195.5. The firms autoregressive model estimates Solanas market cap will soar to $250 billion, based on 486 million circulating tokens.
The push for crypto exchange-traded funds (ETFs) continues to gain ground as the Chicago Board Options Exchange (Cboe) filed a 19b-4 with the U.S. Securities and Exchange Commission (SEC) to list and trade XRP ETFs from several major asset managers. This development follows the SEC's acknowledgment of Grayscale's filings for Solana (SOL) and Litecoin (LTC) ETFs, marking an important step in the broader acceptance of digital asset investment products.
Bitcoin's attempt and subsequent failure to reach $100K has made it clear that the market will continue to be volatile. Most heartbreaking of the losses is Solana's failure to maintain support above the $200 level, which is due to the 2.52% drop it has experienced within the last 24 hours.
Solana (SOL) price has seen strong corrections over the past week, dropping 17% and falling below the $100 billion market cap. The Ichimoku Cloud chart indicates that bearish momentum remains dominant, with SOL trading below key trend indicators and reflecting downside pressure.
As its price continues to struggle due to waning momentum, Shiba Inu is on the verge of a significant bearish signal. The asset has been steadily declining in value for a few weeks, and a death cross is about to form, which could signal a more serious decline.
Cardano (ADA) has been navigating a volatile market alongside Solana (SOL). As both cryptocurrencies face significant price fluctuations, traders are increasingly turning their attention to an emerging altcoin, priced below $1. The new altcoin, which leverages the power of artificial intelligence (AI), is poised for a remarkable 55,000% surge by March.
This comes following the successes of Bitcoin and Ethereum ETFs in the last year.
The Barstool Sports founder is in the trenches with Solana meme coin degens, and just milked them for close to $70K in profit in two trades.
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Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) continue to trade sideways, but traders maintain that more upside is still to come for the underperforming meme coins. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.2538 $37.6 billion +2.9% -22.2% Shiba Inu (CRYPTO: SHIB) $0.0000154 $9.07 billion +2.6% -18% Pepe (CRYPTO: PEPE) $0.059434 $3.9 billion +1.2% -31.8% Trader Notes: Trader Tardigrade highlighted that Dogecoin's past rebounds followed over 50% corrections, with the latest dip at -58.25% mirroring previous breakout patterns.
Fartcoin (CRYPTO: FARTCOIN) is bouncing back from a severe downturn but remains over 50% down over the past seven days. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Fartcoin (CRYPTO: FARTCOIN) $0.4765 $476.3 million -0.08% -54.1% Ai16z (CRYPTO: AI16Z) $0.342 $372.2 million +18.7% -49.8% Brett (Based) (CRYPTO: BRETT) $0.04569 $452.8 million +3.2% -48.3% Trader Notes: Cold Blooded Shiller pointed out that Fartcoin has reached a critical level in its target zone, meaning it could either see a major bounce or face full-blown capitulation.
The SEC acknowledged an application for a spot Solana ETF on Thursday, signaling that the agency's framework for crypto products may shift.
Shiba Inu (SHIB) price, a meme-based cryptocurrency, has captured the crypto community's attention due to its rapid rise in popularity. As one of the most talked-about tokens, SHIB has experienced significant price fluctuations over the years, driven by social media buzz, market sentiment, and strategic developments.
Regulatory hurdles and legal challenges may slow Solana ETF progress, but institutional interest could pressure a shift in SEC policies. The post Polymarket forecasts slim 35% chance of Solana ETF approval before July 31 appeared first on Crypto Briefing.
Ethereum (ETH) rival Solana (SOL) could skyrocket to $520 by the end of 2025, according to analysts at the asset management firm VanEck. With SOL trading at $191.43 at time of writing, that would represent an increase of more than 171%.
Bitcoin and most altcoins pulled back this week, while the crypto fear and greed index slipped into the fear zone. Ethereum (ETH) dropped to a low of $2,100, down by over 47% from its highest level this year.
The recent turbulence in the market have significantly affected meme coins, causing their total market cap to fall below $70 billion. While some altcoins and meme coins have shown a lot of price fluctuations, Shiba Inu & Dogecoin, in particular, are having a hard time stabilizing their prices.
Asset manager Vaneck projects solana (SOL) will reach $520 by the end of 2025, driven by its growing dominance in the smart contract platform market, despite the cryptocurrency's recent 15.8% seven-day decline. Vaneck Analysts—Solana Price Could Soar Over 160% by 2025 as M2 Growth Fuels Crypto Rally Solana (SOL) traded at $198.
Less than 48 hours ago, an unknown wallet received 1.24 trillion Shiba Inu (SHIB) tokens—worth approximately $20.2 million—from the crypto exchange Kraken, according to Whale Alert data. 🚨 1,239,940,928,235 #SHIB (20,136,020 USD) transferred from #Kraken to unknown wallethttps://t.
Both Solana and XRP have growing ETF applications, regulatory challenges and a fight for institutional acceptance. Who has the edge?
Bitcoin and Ethereum ETF issuer VanEck is bullish on Solana due in part to growing popularity, which has come amid increased stability.
The SEC officially acknowledges Grayscale's Solana ETF proposal, opening it for public feedback. This marks the first time a Solana ETF filing has been recognized, signaling a possible shift in regulatory stance. With analysts assessing its impact, the ETF's approval process could shape the future of Solana investments. The post SEC Acknowledges Amendment for Grayscale Spot Solana ETF Application appeared first on Cryptonews.
Another day, another batch of fresh tokens making their way onto Coinbase's roadmap. This time, the U.S.-based exchange has added three new cryptocurrencies to the mix: Morpho (MORPHO), Pudgy Penguins (PENGU) and Popcat (POPCAT).