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news-imageFebruary 5, 2025

PENGU Price Falls as Pudgy Penguins Burn Over $150 Million in Solana Tokens

Pudgy Penguins burned unclaimed Solana airdrop tokens earlier than originally planned, and PENGU's price dipped lower afterwards.
Publisher: Decrypt
Sentiment: Negative
PENGU
SOL

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Negative
cover-imageCoingape
February 5, 2025

Explainer: What's Happening With Solana Price?

The Solana (SOL) price is navigating a bearish zone, failing to recover from the recent crypto market crash. Notably, the Solana blockchain demonstrated exceptional performance in Q4 2024 and January 2025, with several key metrics showing significant growth.

Positive
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February 4, 2025

Sol Strategies Expands SOL Holdings With 40,300 SOL Acquisition

Sol Strategies has strengthened its validator operations and SOL holdings, acquiring an additional 40,300 SOL worth $9.93 million. Expansion of SOL Holdings and Validator Operations Remain Key for Sol Strategies Sol Strategies Inc., a publicly traded Canadian firm focused on the Solana blockchain, has announced significant validator growth and expanded SOL holdings. Between Jan.

Negative
cover-imageThe Currency Analytics
February 4, 2025

Solana Faces Intense Selling Pressure – Potential Drop to $138

Solana (SOL) is under significant bearish pressure as the cryptocurrency faces consistent selling, pushing its price from $200 to $187.99. Despite attempts at short-term recoveries, SOL is experiencing a challenging period, with key technical indicators suggesting that further declines could be on the horizon.

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