Solana co-founder Anatoly Yakovenko opposes a US national crypto reserve, warning that government control could undermine decentralization.
The cryptocurrency market staged a sharp recovery, bouncing back from a steep sell-off sparked by Trump's announcement of 25% tariffs on U.S. imports from Canada and Mexico.
Solana (SOL 2.59%) is down 30% so far this year, and many investors expect it to fall even further, and soon. But, as wise investors know, there's a smart set of reasons to sell an investment and a much larger set of ill-advised selling reasons that may lead your portfolio's value downward over time.
Despite $SOL's recent dip to $131, 55% below its all-time high of $294 recorded two months ago, our Solana price prediction for the rest of the year is bullish. $SOL is currently trading at $148.85 with a 5.83% weekly increase, though the monthly trend is bearish (-27.42%).
Cardano founder Charles Hoskinson has revealed that he was not invited to the upcoming White House Crypto Summit on March 7. His exclusion has sparked discussions, especially since the blockchain network's ADA token is included in US President Donald Trump's proposed crypto reserve.
A major crypto moment is set for Saturday, March 7. The White House will host its first-ever Crypto Summit, where discussions will go beyond Bitcoin (BTC) and Ethereum (ETH).
A major crypto moment is set for Saturday, March 7. The White House will host its first-ever Crypto Summit, where discussions will go beyond Bitcoin (BTC) and Ethereum (ETH).
Solana Labs co-founder Anatoly Yakovenko has revealed that he is against a crypto reserve in the United States. He believes that a crypto reserve will lead to the failure of decentralization once the government is put in charge of it.
Anatoly Yakovenko, the co-founder of the Solana (CRYPTO: SOL) ecosystem, argued against a federal government-controlled cryptocurrency reserve Wednesday, citing a threat to decentralization. What Happened: In an X post, Yakovenko outlined his order of preference for a potential cryptocurrency reserve.
A large Solana (SOL) whale moved 494,153 SOL, valued at approximately $72 million, to Coinbase Institutional, fueling fears of an impending sell-off. This large transfer to an exchange, commonly known as an “exchange inflow,” typically signals that the investor may intend to sell the assets, leading to increased supply in the market.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) Ethereum closes another week in red after the price fell by 3%.
In a shocking incident, the Hong Kong government has unveiled a sophisticated crypto scam, involving a fake social media account impersonating the city's Chief Executive. The scammers used the account to promote a fake cryptocurrency called “National Hong Kong Coin”, prompting a swift warning from the government.
In February, Solana saw a substantial outflow of $485 million as investors sought safer assets amid increasing uncertainty in the cryptocurrency market.
Options pricing on Deribit suggests BTC could swing by nearly $5K following the crypto summit, according to analysis by STS Digital
The cryptocurrency market surged on March 6, adding nearly 4% in value as investor sentiment improved following US President Donald Trump's announcement of a national crypto reserve. This initiative, which includes Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP, has fuelled optimism after February's sharp decline triggered by trade war concerns.
In recent months, Solana has demonstrated remarkable growth in the decentralized finance (DeFi) sector, prompting discussions about its potential to rival Ethereum's valuation.
Solana co-founder Anatoly Yakovenko has taken a strong stance against the idea of a US Strategic Crypto Reserve. He argues that government control over digital assets could undermine decentralization.
In a context of increasing uncertainty in the crypto market, Solana experienced a capital hemorrhage in February 2025. Investors, burnt by scandals related to memecoins and the recent record hack of Bybit, are massively turning to digital assets deemed safer.
Cardano's Charles Hoskinson is not attending the White House Crypto Summit this Friday, and neither is anyone representing Cardano invited, nor have they ever met with anyone from the Trump administration. This comes after speculation that Charlie would be at the event following Donald Trump's announcement that ADA, the $35.
March 6, 2025 05:27:45 UTC Why Cardano Price is Up Today? Following former President Trump's announcement of a U.S. Strategic Crypto Reserve, major investors have swiftly accumulated over 420 million ADA tokens. This surge in whale activity has coincided with a sharp price increase in Cardano, defying broader market bearish trends.
Cardano's Hoskinson says he woke up to messages of congratulations but had “no idea what the heck was going on.”
Charles Hoskinson was not invited to the White House Crypto Summit and has not participated in any crypto policy discussions.
Anticipation is growing in the crypto world ahead of the White House Crypto Summit set for Friday, March 7, 2025. This first-of-its-kind event is expected to play a crucial role in the future of U.S. crypto policy, possibly launching a U.S. strategic crypto reserve.
Cardano (ADA) could be primed for a massive 125% near-term rally to new multi-year highs above $2.0 as whale buying surges, a widely followed crypto analyst said on Wednesday. The post Cardano Primed for a 125% Rally? ADA Snaps Key Downtrend Ahead of Crypto Reserve appeared first on Cryptonews.
Cardano (ADA) has shown notable volatility in recent weeks, raising questions about its ability to hold its price above the $1 mark. After surging to $1.13 amid heightened whale activity and a historic 72.15% rally in a single day, Cardano struggled to maintain those gains, currently trading around $0.94.
Solanas decentralized finance (DeFi) ecosystem is growing at an unprecedented pace, outpacing Ethereum in both speed and revenue. However, a recent report from Franklin Templeton highlights a striking valuation gap between the two networks.
Solana's (SOL) upcoming protocol changes could significantly alter its economic model by reducing selling pressure by an estimated $677 million to $1.1 billion annually, but they could introduce new decentralization challenges, according to Matthew Sigel, head of digital assets research at VanEck.
A crypto strategist who accurately called the Bitcoin (BTC) and Solana (SOL) correction this year says that the payments altcoin XRP is next in line to witness big price drops.
Trading volume for Shiba Inu is rising significantly, but the conditions surrounding this upswing are not encouraging. Although a spike in volume frequently indicates increasing momentum and interest, the fact that it appears during a downtrend should be interpreted differently.
Ethereum (ETH 3.18%) and Solana (SOL 1.10%) are two of the most successful cryptocurrencies, both ranking in the top 10 by market cap. They're also direct competitors.
Solana (SOL), the sixth-largest cryptocurrency by market cap, has made a notable recovery over the past 24 hours, rising by 5.52%. Trading at $144, the altcoin is now showing promising signs of a bullish comeback after a series of price fluctuations.
Many cryptocurrencies soared to new all-time highs after Donald Trump won the 2024 presidential election. With 2025 underway and Trump in the White House, Benzinga recently asked readers which cryptocurrencies they are buying.
As liquidity pressures mount, investors are watching closely—will Solana absorb the impact?
CryptoQuant CEO Ki Young Ju explained that the Trump administration is backing crypto assets that ultimately serve the United States' national interests against others. This followed President Trump's directive to move forward with a Crypto Strategic Reserve.
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Cardano (ADA) is showing strong bullish signals, with analysts eyeing a breakout above $1.50. If ADA surpasses this resistance, a surge toward $2.50 could be in play.
SafeMoon (SFM) has surged nearly 60% in the last two days and 490% in the past week following its migration from BNB to Solana. The rapid price increase has pushed key indicators into bullish territory, with ADX confirming strong trend momentum and EMA lines forming a golden cross.
Skate, a unified liquidity platform whose infrastructure layer powers a cross-chain virtual machine environment, has launched the first automated market maker protocol that will operate across the top blockchains.
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Cardano price is drawing attention from analysts, with recent forecasts indicating the potential for a strong upward movement. Crypto analysts Javon Marks and Ali Martinez have identified key resistance levels that could determine ADA price trajectory.
Cardano (ADA) has experienced significant volatility, initially surging 80.83% from its February 3 low of $0.6249 to a peak of $1.13 on March 3, driven by President Trump's announcement of a Strategic Crypto Reserve, which included ADA as a key asset.
On Tuesday, a large Solana whale transferred 494,153 SOL—valued at approximately $72 million—to the Coinbase exchange, raising concerns over a potential sell-off.
Solana has experienced a whopping 88% plunge in token growth, according to fresh data provided by Dune Analytics.
Cardano is up by nearly 10% in the past 24 hours and currently stands at $0.9569.
The bullish setup hints at a $1 breakout, but sustaining it remains a challenge for ADA.
Because of extreme volatility in the crypto market, investors search for alternative investment opportunities. The value decline of Cardano to around $0.80 has brought insecurity to its holders as Dogecoin (DOGE) owners shift their focus toward this new emerging altcoin.
Cardano (ADA) has been testing a pivotal price range, fueling optimism that it could soon reclaim the $1.5 mark. Despite the broader cryptocurrency market facing bearish pressure, ADA has demonstrated resilience, showing signs of strength as whales heavily accumulate the token.