Cardano price is facing increased selling pressure as the price moves within a descending triangle pattern, a technical formation that traders often associate with bearish momentum. The altcoin has been trading below key resistance levels, with its movement showing signs of consolidation near a critical support zone.
There has been a sharp market sentiment difference between retail and institutions on Solana.
Solana has faced intense selling pressure and price swings, with the asset losing over 57% of its value since January 13. Bulls have struggled to regain momentum, and market sentiment suggests that the crypto market is not in a healthy condition for a strong recovery.
On March 6, the Cardano Foundation that manages the Cardano ecosystem, announced a strategic collaboration with SERPRO, Brazil's Federal Data Processing Service, to explore and enhance the application of blockchain technology in the country. Cardano's partnership with the world's largest state-owned Information Technology company, marks a significant step toward the adoption of decentralized technologies in
Cardano (ADA) is once again in the limelight as a crypto analyst emphasizes a technical pattern that has the potential to propel the asset to $2. In the midst of a combination of gains and losses for ADA, the prediction has sparked speculation regarding the possibility of a significant breakout.
Sellers continue their pressure after a few days of market bounce back, according to CoinStats.
Solana price has crashed to a crucial support level and is at risk of further declines after forming a death cross pattern.
Solana (SOL) has shed over $40 billion in cryptocurrency in the last seven days. Amid this bearish pressure on SOL, traders are taking precautions to reduce liquidation risk on their bets.
Lack of persistent buying pressure on the OBV means Cardano might remain range-bound.
Solana price could be poised for a parabolic rally amid a rise in staking activities by institutions. Recently, Galaxy Digital staked $40M worth of SOL tokens, which could ease the sell-side pressure that is currently weighing on Solana.
Cardano (ADA) has struggled to maintain $1 as support, facing resistance that led to a sharp 9% decline in the last 24 hours. Despite this downturn, traders appear increasingly bullish.
After yesterday's relatively calm trading session, the crypto market is back in the red zone, with 24-hour liquidations totaling $495 million. Cardano (ADA), one of the leading cryptocurrencies, was one of the biggest losers in today's trading session.
Solana's (SOL -3.22%) current price near $178 is down 21% over the last three months, making it significantly cheaper than before. This looks like a lucrative opportunity for investors who are willing to take a risk and buy the dip.
Four top asset managers including VanEck and 21Shares have filed for a spot Solana exchange-traded fund (ETF), whose approval could bode well for Solana tokens. Solana ecosystem tokens have been under bearish pressure due to the weak sentiment in the broader crypto market.
Cardano (ADA) drops 26.9% as founder Charles Hoskinson is excluded from the White House Crypto Summit. Can ADA recover, or is more downside ahead? The post Cardano Founder Not at Crypto Summit: Will Price Fall Further From 26.9% This Week? appeared first on Cryptonews.
The volatility of cryptocurrencies spares no one, and Solana (SOL) is no exception. After reaching a low of $125 on February 28, the native token of the Solana blockchain saw a rebound of 17%, hinting at a possible return towards $180.
Peter Schiff, a well-known critic of Bitcoin and advocate for gold, appears to be making sarcastic remarks about Bitcoin and the broader crypto market in his recent statements.
Cryptocurrency analyst and trader Ali Martinez is leaning bearish on a Solana (SOL) competitor. Martinez tells his 130,100 followers on the social media platform X that Sui (SUI) faces the risk of a “sharp correction” amid the formation of a bearish pattern.
The cryptocurrencies price has faced a downturn over the past week, with most crypto markets struggling to hold key support levels. The decline comes amid a broader financial market sell-off influenced by economic concerns.
Expectations of bigger plans for the largest cryptocurrencies fell short on Friday as the first-ever presidential crypto summit ended with promises of stablecoin legislation and lower regulatory resistance.
With SOL hovering near key support levels and technical indicators flashing mixed signals, traders are wondering will it bounce back or slide further?
Cardano (ADA) experienced a sharp decline of 11.39% on Friday, trading at $0.8099 by 16:08 (21:08 GMT) on the Investing.com Index. This marked its steepest single-day drop since March 3.
Cardano (ADA) is one of the cryptocurrencies included in the Crypto Strategic Reserve. However, due to bearish market sentiment, it has been continuously struggling to gain momentum. Today, March 8, 2025, amid market uncertainty, the asset has registered a 5% price drop and has reached a crucial support level.
Here's why Solana insiders are divided on the inflation proposal as voting D-day nears.
The layer-1 blockchain Sui (SUI) is defying the broader crypto market downturn after inking a new deal with a decentralized finance (DeFi) protocol linked to US President Donald Trump. The Solana (SOL) rival is witnessing price gains amid a new collaboration with World Liberty Financial (WLFI).
As speculation surrounding President Donald Trump's recent statement about creating a U.S. cryptocurrency strategic reserve has reached a fever pitch, White House AI and Crypto Czar David Sacks spoke out.
The highly anticipated $100,000 price target appears to be getting farther away as Bitcoin has been finding it difficult to sustain its bullish momentum. With a discernible drop in trading volume indicating that the market's activity is dropping, the asset is currently having difficulty recovering the $90,000 mark.
Solana price has been in a slump, but the factors keeping SOL down are endemic to the entire crypto market. Will a rising tide lift all boats?
The frequency at which Solana issues new tokens could change, and builders are at odds over how the shift could impact the ecosystem.
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White House Crypto and AI Czar David Sachs has shed light on why President Donald Trump included Ripple-promoted XRP, Solana (SOL), and Cardano (ADA) in his remarks about a U.S. crypto strategic reserve on March 2.
Cardano founder Charles Hoskinson has addressed the Cardano community and, by extension, the crypto community following his absence from the White House Crypto Summit. Hoskinson is a notable absentee from the Summit, especially considering that Donald Trump's administration announced the inclusion of ADA in the Digital Asset Stockpile.
Plans for a strategic reserve including Bitcoin (CRYPTO: BTC) and possibly other cryptocurrencies have been one of the hottest topics in the cryptocurrency sector. Benzinga polled readers to ask which cryptocurrencies the White House administration should be most focused on for the strategic reserve.
Solana (SOL) co-founder Anatoly Yakovenko opposes the idea of the US establishing a crypto strategic reserve.
Solana (SOL) has been struggling below $150 since March 3, with its technical indicators still pointing to a bearish trend. The number of Solana whales has declined in recent days, suggesting some large holders may be reducing exposure.
After Musk's Grok AI suggested a meme coin name, degens pumped GrokCoin to a nearly $35 million market cap—but it didn't last for long.
The Cardano Foundation has announced a move that could see ADA's adoption surge in Latin America, as it partners with Brazil's largest IT firm, SERPRO (Serviço Federal de Processamento de Dados).
Cardano (CRYPTO: ADA), XRP (CRYPTO: XRP) and Solana (CRYPTO: SOL) declined on Friday after a top White House aide suggested President Donald Trump's mention of a broad crypto reserve might have been misunderstood. Cryptocurrency Price 24-Hour Trend Cardano (CRYPTO: ADA) $0.845 -3.7% Solana (CRYPTO: SOL) $145.11 +1.1% XRP (CRYPTO: XRP) $2.47 -4.
Lily Liu warns SIMD-228 could undermine SOL's growth, but Anatoly Yakovenko supports the plan, highlighting the need for debate.
Despite a sharp decline in Solana memecoin trading, a Pump.fun trader has secured $40M in profit.
TL;DR A White House official clarified that the cryptocurrencies mentioned by Trump were just examples, but the data suggests otherwise. After the clarification, XRP fell by 6.5%, SOL dropped by 1.65%, and ADA lost 7.7%, while trading volume increased.
Bitcoin is trying to form a higher low at $85,000, but the recovery attempt faces stiff resistance at $90,000, signaling a tough battle between the bulls and the bears.
Sacks also said it's possible the federal government could explore lending or staking on the cryptocurrencies it does own.
Trump's focus on top cryptos like XRP, SOL, and ADA may signal increased regulatory scrutiny and influence on digital asset markets. The post David Sacks says XRP, SOL and ADA are in Trump's spotlight due to market cap dominance appeared first on Crypto Briefing.
The official said Trump was "just giving five examples" of cryptocurrencies that could theoretically be in a crypto stockpile.
The deliberations around the formation of a strategic crypto reserve in the United States has drawn interests to assets like Solana and XRP. While these interests remain, the tokens could see huge gains once retail investors begin to show interest.
Validators of Solana will vote on the SIMD-228 proposal, which proposes to move to a new SOL token inflation model.
A senior White House official said Friday that the U.S. government won't sell Bitcoin it collects, but it could sell altcoins.