The price of Jupiter Token (JUP) has recovered by 4% today after falling as low as $0.6743 in the past 24 hours, with the exchange token suffering a 12% seven-day drop amid fallout from the LIBRA controversy. The post Jupiter Token Plunges 12% as LIBRA Controversy Rocks the Solana Ecosystem appeared first on Cryptonews.

The cryptocurrency market is no stranger to volatility, but Solana (SOL) is currently facing one of its most severe crashes in recent months. The popular blockchain platform has seen its market capitalization drop by a staggering $40 billion, reaching a three-month low.

Solana has experienced intense selling pressure, now trading at its lowest levels since November 2024 and erasing all the gains from the post-election rally. Once a leader in the altcoin market, Solana is now facing serious risks as the meme coin euphoria that fueled its rise has turned into a bloodbath, raising concerns about its long-term sustainability.

Solana's price has faced significant challenges in recent months. After reaching its all-time high (ATH) of $295 in mid-January, the altcoin has seen a steady downtrend, now trading around $173.

Regulated futures markets are an important step toward an eventual Solana ETF.

Dave Portnoy, the founder of Barstool Sports, has launched his own meme coin and swiftly dumped it, before making a sequel.

Solana (SOL) is up 1% today. That may not seem like much, but this jump could be the first sign of a trend reversal for the native asset of the second most valuable smart contracts platform in the world.

In the last few days, Solana's price dropped dramatically, initially putting its investors in a panic mode. With the whale's recent move, however, traders are now more confident in Solana's future.

As the overall cryptocurrency market hints at signs of price recovery, a crypto whale identified Solana (SOL) as an ideal asset and placed a significant bet.

Solana (CRYPTO: SOL) is down 32% in a month, falling to a three-month low of $161, with trader sentiment at its lowest driven by recent market trends and the LIBRA rug pull. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Solana (CRYPTO: SOL) $171.09 $83.6 billion +0.8% -10.7% Bitcoin (CRYPTO: BTC) $96,324.85 $1.9 trillion +0.1% +1.6% Ethereum (CRYPTO: ETH) $2,714.79 $327.3 billion +0.5% +4.4% Trader Notes: Crypto trader Jelle pointed out that Solana has closed above its prior lows, but the weekly close should be monitored.

Public figures are increasingly driving meme coin speculation, with Donald Trump, Javier Milei, and Elon Musk fueling market frenzies in recent months, to name a few.

The launch of the LIBRA token has sparked controversy in the Solana ecosystem, seeing Meteora co-founder Ben Chow resign and Jupiter launch an investigation.

Solana (SOL), the sixth-largest cryptocurrency by market capitalization, has continued its price recovery push. In the last 30 days, despite plummeting by 45%, SOL has maintained support at the $160 level.

The price of Solana has recovered by 1.5% today, with its rise to $171 coming as Coinbase begins offering CFTC-regulated SOL futures to traders.

With Bitcoin bleeding value due to a streak of not-so-good political issues, including the recent US tariff threats, AVAX price has also dipped in value. However, the Avalanche price decline has been marginal, since the token has lost only 1% of its total value.

Santiment says the market often goes in the opposite direction of the crowd's expectations, so SOL may rally soon even as bearish sentiment abounds.

Solana's recent price behavior has sparked anxiety in the the digital currency market. The once-soaring blockchain has fallen significantly as a result of a widespread slump.

Solana price continues to extend its decline below $200 amid a surge in rug pulls on meme coins created on the blockchain. These rug pulls have drawn the attention of Solana Labs co-founder Anatoly Yakovenko, who has termed the current situation a “hellscape.

Coinbase adds Solana and Hedera futures, as SEC reviews Solana ETF applications, potentially shaping future crypto market trends.

After the scandal of the $LIBRA launch, and ongoing big unlocks for $SOL, the price plummeted - even briefly going below the bull market trendline. Is this a perfect time to buy, or could the $SOL price fail to recover?

Barstool Sports founder Dave Portnoy is at the center of controversy after profiting nearly $258,000 from a Solana-based meme coin named Greed (GREED). The post Dave Portnoy Profits $258K from Solana Meme Coin GREED Before Token Collapses: Lookonchain appeared first on Cryptonews.

This will allow traders to jump into the action starting today (Feb 19th) at 10 AM ET. This exciting development marks a significant milestone for $DOG, which has captured the hearts of memecoin lovers across the globe.

Solana needs strong conviction in a recovery to regain its lost market standing.

If you're in the market for a high-powered investment and you don't care much about taking a big risk, it's natural to turn to unorthodox investments. Many investors flirt with the idea of buying a meme coin like Dogecoin, (DOGE 0.76%) or perhaps a newer issue like the Official Trump coin, which is on the Solana (SOL 2.55%) blockchain with the ticker $TRUMP.

A Solana whale caused a market stir on Wednesday by heavily accumulating coins for staking purposes despite the ongoing meme coin panic on the network. On-chain data flagged that the whale withdrew 87K SOL, worth $14.8 million, for staking whilst the crypto's price traded around the $169 level.

Coinbase has launched CFTC-regulated futures contracts for Solana and Hedera while the SEC reviews spot crypto ETF applications under new leadership that may change traditional approval requirements.

Bitcoin (BTC) briefly dipped below $95,000, falling to a low of $93,487 before recovering and moving to its current level of $95,100. The flagship cryptocurrency has been down almost 1% over the past 24 hours, with sentiment further dampened after the odds of a US strategic reserve drop on Polymarket.

It all began on February 14th when Argentina's president, Javier Milei, tweeted about an official token. This triggered a buying frenzy that sent the LIBRA token's market cap soaring to $4 billion.

The sentiment towards Solana on social media has shifted to a negative one. Many analysts and traders are rejecting the chain as a meme coin casino after the Libra incident involving the token shared by Argentine President Javier Milei.

Grayscale, a major player in the asset management space, has launched a new fund aimed at providing exposure to an emerging altcoin.

As Solana price struggles to hold above $170, traders are turning to Solana Rivals that show strong market momentum. With a $1.8 billion SOL unlock on the horizon, investors are looking for alternative assets that could deliver massive gains.

Solana's price has dropped 8.8% in the past 24 hours, hitting $169.01, marking its lowest point since mid-December.

Solana (SOL) has been under pressure, recently dropping to a three-month low of around $160. Many traders are frustrated with this decline, especially since SOL was trading near $293 in January. However, according to Santiment, a well-known market intelligence platform, this negative sentiment might be setting the stage for a rebound.

With ETF momentum still in play for Solana and XRP, will altcoins continue to outperform?

Sol Strategies, a publicly traded Canadian company formerly called ‘Cypherpunk Holdings,' completed the purchase of an additional 12,456 SOL worth approximately CAD $3.59M (inclusive of fees and expenses) at an average price of CAD $288.48 per SOL. The firm's SOL acquisition between February 7th and February 15th brought its total SOL holdings to 226,798 SOL worth CAD $59.2M at CAD $260.94 per SOL.

The world's largest stablecoin issuer, Tether, minted an additional $1 billion worth of USDT on the Tron network in the past 11 hours. At the same time, Circle also minted another 250M USDC on the Solana network.

The U.S. Securities and Exchange Commission's (SEC) recent acknowledgment of XRP ETF filings has created a stir in the crypto community. These filings mark a major milestone for the cryptocurrency, as the application was previously rejected or withdrawn.

Coinbase exchange has unveiled CFTC-regulated futures for Hedera and Solana. The launched offerings have introduced more crypto products to institutions in the U.S. market.

BC.GAME, a leading crypto gaming platform, has launched a massive airdrop in the Solana ecosystem, distributing 400 million $BC tokens. As the first platform to reward Pump.fun users, BC.GAME strengthens its presence in blockchain gaming and community engagement.

Traders are increasingly shorting Solanas native SOL token as market sentiment turns negative due to recent memecoin controversies. Data from Coinalyze shows the long-to-short ratio for SOL futures dropped from 4 to 2.5 on February 17, reflecting rising bearish sentiment.

Crypto analyst Jason Bons is blaming Solana (SOL) for the spate of frauds and scams on the blockchain is misguided.

Sunil Kavuri, a prominent advocate for FTX creditors, advises victims not to gamble away their returned assets after missing the bull run.

Most altcoins have crashed by double digits in the past few weeks. Solana, Bonk, Pepe, and Raydium prices have plunged by double digits, meaning that they have moved into a deep bear market. So, let's explore why these altcoins have plunged and what to expect in the near term.

Solana prices have declined more than 40% in roughly a month as multiple bearish factors combined to create what one analyst described as a "perfect storm."

Solana has just seen its biggest price drop in three years, falling 45% from its most recent high. Due to intense selling pressure, the asset — which was among the best performers during the previous bull cycle — is currently causing investors to worry about its short-term future.

Reeve Collins, co-founder of Tether (USDT), is re-entering the $233 billion stablecoin market with Pi Protocol, a decentralized, yield-generating stablecoin set to launch on Ethereum and Solana in late 2025. The post Tether Co-Founder Supports New Stablecoin Project on Ethereum and Solana appeared first on Cryptonews.

One man and his team racked up more than $100 million in memecoin profits via a trading method called “sniping.” Sniping Legend Nets More Than $100M in Memecoin Profits There are snipers, then there's Naseem, the legendary trader who pocketed $100 million from the Trump memecoin launch in January.

Coinbase's derivatives arm said that it now offers CFTC-regulated futures contracts covering Solana and Hedera.