Binance finally responds to traders online accusing the exchange of manipulating the market by ‘dumping' millions of SOL and ETH tokens through Wintermute.
Solana's price continues to decline, with on-chain data indicating increased selling pressure and a major drop in on-chain activity.
On Jan. 19, Solana (SOL 2.75%) hit a new all-time high of $294, and all lights were flashing green for 2025. The incoming Trump administration promised to make crypto great again, and Solana looked like it was going to be one of the biggest beneficiaries of the White House's new pro-business approach to crypto.
Solana has experienced a 50% price crash from its 2024 high, dropping to $142 amid a broader market downturn, meme coin scams, and an upcoming token unlock, leaving investors fearful about its next move.
Pi Coin has garnered significant attention due to its mobile mining model and strong community backing. However, with 2025 approaching, questions remain about its viability as an investment compared to established altcoins like Solana, Dogecoin, and Cardano. Experts cite its transition to open trading, regulatory challenges, and real-world adoption as critical hurdles.
Amid the market retrace, Solana (SOL) saw a massive correction that dragged its price to a five-month low. If SOL fails to reclaim its key support levels, some market watchers predict the altcoin risks further bleeding.
Despite setbacks, bear markets, and other factors, Solana has maintained its position among the top-performing cryptocurrencies. However, its recent downtrend concerns investors, as the Solana (SOL) price has declined nearly 50% from its 2024 high of $264.
Solana's recent price collapse has shaken investor confidence, with the blockchain experiencing its worst month since the FTX crash in November 2022. SOL has plunged over 50% from its recent highs in January, shedding 38% in the past 30 days alone.
Bitcoin (BTC) tumbled below $86,000 in intraday trading, triggering a wave of liquidations as investors reacted to market volatility. Meanwhile, altcoins staged a notable recovery, with Ethereum (ETH) nearing $2,500 and Solana (SOL) surging 5%. Meme coins, including Dogecoin (DOGE) and Shiba Inu (SHIB), also saw gains, contrasting Bitcoin's downward momentum.
It is possible that after bouncing to $143, SOL would fall towards $125-$130?
Solana started a fresh decline from the $162 zone. SOL price is down over 15% and might struggle to recover above the $150 resistance.
Solana (SOL) has faced a significant downturn in recent weeks, with the price dropping below $160 for the first time since November 2024. The cryptocurrency is now stuck within a steep bearish channel, struggling to gain any upward momentum.
Cardano (ADA) held up well on Monday despite a sharp drop in the prices of other major cryptos like Bitcoin (BTC), with the crypto holding firmly above its 200DMA, a sign that bulls are still putting up a solid fight. The post Cardano Eyes 70% Surge – Hoskinson Takes Shots at Ethereum and Solana appeared first on Cryptonews.
Bitcoin has dropped to its lowest point since 2025, breaking below a significant sideways channel and suggesting that there may be more downward pressure. Bitcoin is currently trading at $88,835, having dropped by almost 3% over the last day and broken through the crucial $92,000 support level.
Solana is trading at its lowest levels since September 2024, with extreme fear and selling pressure dominating the market. Since breaking its all-time high in January, SOL has retraced over 55%, leaving bulls struggling to regain momentum.
Solana price is 50% down from its all-time high as traders seek greener pastures on other blockchains.
Global Dollar, the stablecoin issued by Paxos Digital Singapore, is going multichain with expansion to Solana. The Global Dollar Network announced on Feb. 25 that the U.S.
A Solana price recovery could lag Bitcoin and altcoins. Cointelegraph explains why
Solana's native token hit a four-month-low price of $132 on Tuesday, down from its record high of $293 set in January.
Solana (SOL) is currently trading at its lowest level in 4 months. In the last 24 hours, SOL's price has dropped by 5%, continuing a sharp correction of 45% over the past 30 days.
The expansion of USDG to Solana marks a significant step in its mission to become a leading stablecoin for global transactions.
SOL, the native token of the Solana blockchain, is garnering significant attention from crypto enthusiasts due to its recent price drop and whale activity. Today, February 25, 2025, a blockchain-based transaction tracker, Crypto Beast, made a post on X (formerly Twitter), stating, “Binance is selling all their Solana holdings.
Despite a bearish market trend, there is speculation of an altcoin season still. While Ethereum is usually the gold standard for altcoins and its pump fuels surges in the overall altcoin category as well, this time the narrative of a frontrunner altcoin seems to have been shared between Ethereum and Solana.
Solana has tumbled to a five-month low of $134 today, as the market braves a massive selloff caused by ETF outflows and tariff fears. The post Solana Crashes to 5-Month Low – Will SOL Drop Below $100 Next? appeared first on Cryptonews.
It's a blood-red Tuesday across the crypto markets.
Solana price continued its strong downward momentum, reaching its lowest level since Oct. 11. Solana (SOL), one of the top blue-chip cryptocurrencies, dropped to $138, down 53% from its highest level this year.
The last time SOL was trading so low was in September 2024.
BlackRock has yet to signal interest in launching a Solana ETF despite its dominance in the crypto ETF market.
Big name sell-offs amidst a broader crypto market crash send Solana's price tumbling.
Solana price crashed by 15% on Tuesday as the recent meltdown continued. This plunge coincided with the weak ecosystem metrics, which show that its active users, core developers, commits, and DEX volume have dropped.
The cryptocurrency market plunged on Feb. 25, 2025, with altcoins suffering outsized losses amid economic uncertainty fueled by President Donald Trump's tariff policies. At press time, the crypto economy stands at $2.91 trillion, down more than 6% over the last day.
Dogcoin (DCOIN), a small-cap memecoin built on Ethereum, has surged an astonishing 75% in just 24 hours, bucking the trend as heavyweights like Bitcoin (BTC) and Solana (SOL) stumble. Bitcoin has plummeted below $89,000, while Solana has slipped under $135, reflecting a broader market downturn that has left investors reeling from long position liquidations.
Bitcoin plunged to a three-month low below $88,000 Tuesday morning, dragging the wider crypto market down with it.
As the competition heats up for the next altcoin exchange-traded fund (ETF), BlackRock has remained noticeably absent from the race for a Solana (SOL) ETF. The post BlackRock Stays Silent on Solana ETF Plans as Rivals Race Ahead appeared first on Cryptonews.
The crypto market plunged into the red, shaving off over $230 billion after President Donald Trump announced that tariffs on Canada and Mexico would be effective in March. As a result, market sentiment sank to extreme fear, with cryptocurrencies registering significant losses.
Solana faces downward price pressure as a whale transfers $127 million in tokens and a major unlock of 11.2 million SOL approaches on March 1
CryptoQuant CEO Ki Young Ju is shaking up the idea of “Altcoin Season” as we know it, suggesting that only a select few altcoins will thrive in 2025. Unlike past cycles, where almost all altcoins are pumped together, Ju believes this bull run will favor projects with strong projects with real-world use cases.
Solana has suffered a sharp decline, dropping to its lowest level since November as selling pressure keeps mounting ahead of a major token unlock.
The crypto markets are painted in red today, with the S&P 500 dropping close to 3% in the past few days. The Solana price, which was already trading in a sinking ship, witnessed a rise in the selling pressure, which caused the price to drop below $140.
Time.fun's latest move comes after a trial deployment on the Base network last year, which, by the company's standards, was largely successful.
Crypto market crash adds fuel to the growing token unlock fear among Solana holders. Solana (SOL) price crashed under $150 and warned of a plunge to $100 as Bitcoin hangs at $90K support.
Ether is on the verge of slipping into a death cross, an ominous momentum indicator, with a mixed record of predicting price trends.
The cryptocurrency market is not new in terms of periods of strong altcoin activity, often accompanied by a notable drop in the dominance of Bitcoin, which lets altcoins shine. Altcoin seasons have historically been linked with these times of weakening Bitcoin market dominance, opening the path for alternative cryptocurrencies to record notable price swings.
Wintermute withdrew over $38 million worth of Solana (SOL) from Binance on Feb. 24, just days before the largest token unlock in Solana's history, scheduled for March 1.
The crypto market is witnessing another major wave of volatility today, with meme coins, altcoins like Solana, and even Bitcoin prices taking a major hit. Amid these declines and massive liquidation, a crypto trader lost $24M while swapping TRUMP tokens for USDC.
Rachel Aguirre, the head of U.S. iShares products at BlackRock, highlighted the company's three key principles applied when considering the launch of a Solana ETF. She said that BlackRock's focus remained on meeting customer needs, defining the investment thesis, and evaluating the suitability of ETF packaging.
The crypto markets are witnessing massive sell-offs, which have dragged the major cryptos below their pivotal support levels. Bitcoin dropped below $94,000 initially and later formed the bottom below $92,000 and interestingly, it does not appear to halt the ongoing bearish trend.