The US Securities and Exchange Commission has delayed its decision to approve several XRP, Solana, Litecoin and Dogecoin exchange-traded funds.In a slew of filings on March 11, the agency said it has “designated a longer period” to decide on the proposed rule changes that would allow the ETFs to proceed. Among the affected ETFs are Grayscale's XRP (XRP) and Cboe BZX Exchange's spot Solana (SOL) ETF filings, with the decisions on them pushed until May.
Solana (SOL) has faced intense selling pressure, recently dropping below $120 – its lowest level since February 2024. It has declined more than 38% over the past 30 days, reinforcing its bearish momentum.
The SEC has delayed its decision on crypto spot ETFs, pushing back approvals for VanEck Spot Solana ETF, Canary Spot Litecoin ETF, Canary Spot Solana ETF, Canary Spot XRP ETF, Grayscale Spot XRP ETF, and Grayscale Spot Dogecoin ETF, according to court filings on Tuesday.
On-chain data shows Solana (SOL) has seen its spot value drop under the Realized Price for the first time in three years following the recent bearish action. Solana Has Just Seen A Breakdown Of The Realized Price According to data from the on-chain analytics firm Glassnode, Solana has slipped around 8% below its Realized Price.
As Solana gets closer to a possible death cross formation, it is currently under intense bearish pressure. This technical indicator typically indicates prolonged downward movement, when the short-term moving average (like the 50-day MA) crosses below the long-term moving average (200-day MA).
A crypto strategist who accurately timed Solana's (SOL) meltdown this year thinks the next few years will not be kind to the popular layer-1 protocol. Pseudonymous analyst Bluntz tells his 318,400 followers on the social media platform X that he believes SOL will spend the next two years in deep bear territory.
Bitcoin and other top crypto assets are rising again after getting hit hard by President Trump's tariff twists and recession fears.
Amid growing uncertainty, a top analyst has named three scenarios that could cause Cardano (ADA) to outperform Solana (SOL). The projection from the analyst AM_Panic comes as the broader cryptocurrency sector witnesses a massive downturn spearheaded by Bitcoin (BTC).
The SEC delayed several ETF applications today, specifically targeting those based on Solana, XRP, Litecoin, and Dogecoin. The Commission has faced recent criticism for its pro-crypto actions, and this may help buy it some time.
Ava Labs President John Wu discusses the market volatility and it's impact on cryptocurrency. He speaks with Sonali Basak and Tim Stenovec on "Bloomberg Crypto.
Bloomberg analysts recently estimated Litecoin ETFs have the highest chance of approval, followed by Dogecoin and Solana products.
The crypto market is experiencing a significant decline, triggered by global trade tensions. Moreover, President Trump's Executive Order to set up a Strategic Bitcoin Reserve has surprisingly left crypto traders feeling let down. As a result, the price of Solana has fallen sharply, along with a decrease in important on-chain metrics.
Solana (SOL) has plunged over 35% in the past month, falling to $127.63 at press time, its lowest level in months. The sharp decline has sparked broader market panic, with weak technical indicators and fading network activity compounding concerns.
After a notable price decline in recent days, Solana (SOL) is now poised for a massive upside rally due to its bullish price action on the daily time frame. SOL is one of the top cryptocurrencies, with its technology and adoption significantly rising, recently hitting a record high.
XRP price tumbled to a new 30-day low around $1.90 on Tuesday as markets continued to react to macro headwinds from U.S. trade policies. Derivatives market data suggest bear traders are shaping up to exert more influence in the days ahead.
Solana has tumbled to $124 today, with recent token unlocks creating a strong chance that it could fall further before it recovers. The post Is Solana Crashing Below $100? Token Unlocks Fuel Fresh Sell-Off Concerns appeared first on Cryptonews.
Unless network fundamentals stabilize, Solana remains vulnerable to sustained sell pressure.
Bitcoin at $76,867 signals a crypto correction. If BTC fails to reclaim key levels, altcoins like Solana and XRP could see deeper losses.
Rakurai, an infrastructure project centered around improving Solana staking, has raised $3 million. The company's seed funding round will help support the launch of Rakurai's Solana staking platform, designed to provide high-quality of service (QoS) transaction landing, Rakurai announced in a Tuesday (March 11) news release provided to PYMNTS.
With its interoperable blockchains, Avalanche was once viewed as an “Ethereum Killer.”
As the cryptocurrency market feels the heat, investors are looking for early stage projects that can beat the market. This search has increased demand for real-world applications with lasting impact. One such project gaining attention is Remittix (RTX).
Blockchain sleuthing firm Bubblemaps launched its BMT token for its upcoming investigation platform. But some investors aren't happy.
TL;DR VanEck registered an Avalanche ETF in Delaware, a preliminary step before a potential SEC filing. AVAX has accumulated a 65% drop so far this year. Avalanche, designed for executing smart contracts with high scalability, currently ranks 20th in market capitalization with $7 billion.
VanEck, a leading asset management firm, has made a significant move towards launching an Avalanche ETF, officially registering the fund in Delaware on March 10. This development underscores VanEck's keen interest in facilitating institutional investment in Avalanche (AVAX). The post VanEck Files for Avalanche ETF in U.S. Despite Crypto Market Downturn appeared first on Cryptonews.
Avalanche monthly new users have shot up substantially in the first quarter of 2025 as VanEck registers the “VanEck Avalanche ETF” in Delaware.
The cryptocurrency market remains volatile, with Ethereum trading below $2,000, facing resistance after recent corrections. While most crypto markets trade sideways, several Ethereum rivals to buy stand out, positioning themselves as promising alternatives for potential growth.
As AVAX and Chainlink stall, investors turn to XYZVerse, eyeing a 5x ROI and a fresh chance to recover losses and profit. #partnercontent
Blum Trading Bot has rolled out a new feature allowing users to trade Solana (SOL) tokens directly through its platform.
As the crypto market sell-off intensifies, one analyst believes that Solana price is due for a strong rebound, citing its performance in 2021. His thesis comes as the SOL price remains in a bear market after falling by almost 60% from its highest level this year.
Amidst the ongoing sell-off in mainstream cryptocurrencies, a new contender, Remittix is emerging as a potentially superior investment option for forward-thinking crypto enthusiasts. Established names like Ethereum, Cardano, and Solana are having a hard time since the start of 2025.
Solana's market capitalization is over $69.11 billion, now trading at about $138.71. With analysts continuously monitoring important resistance and support levels to guide its next action, the bitcoin has shown tenacity over the last months among market swings. XRP, which is now valued at roughly $2.29, has a market capitalization of approximately $129.
The token's realized price, the average cost basis of all coins last moved, has dropped below $134 for the first time since May 2022.
Solana (SOL), once ranked as the third-largest cryptocurrency by market capitalization after Bitcoin and Ethereum, has dipped below its realized price level for the first time in nearly three years. On March 11, SOL fell to approximately 8% below its realized price of $134, a level last seen on March 9.
Cryptocurrencies traded in red on Tuesday as bears triumphed amidst the prevailing macroeconomic woes. Let's check Solana, Pi Network, and Cardano's near-term structures and what to expect in the upcoming sessions. Solana revenue hits record lows Solana led crypto gainers early in 2025 as meme token activities dominated its ecosystem.
VanEck has submitted a registration for an Avalanche exchange-traded fund in the state of Delaware, following its previous Solana ETF filing.
The New York-headquartered company registered the "VanEck Avalanche ETF" on March 10
Solana (SOL), currently ranked the sixth-largest cryptocurrency, has reclaimed the $123 mark, following a slight recovery on the market. This has raised questions about whether the broader market sell-off that saw Bitcoin collapse below $80,000 is over.
VanEck, one of the leading global investment companies, has registered an ETF on Avalanche (AVAX) in the United States.
TL;DR Validator Network Expansion: Sol Strategies nearly doubled its staked SOL, reaching 3.3 million, by acquiring Laine and adding 1.5 million delegated SOL to its existing 1.8 million. Strategic Leadership Addition: Michael Hubbard, Laine's founder, joins as Chief Strategy Officer, marking the company's third validator acquisition since its September 2024 pivot to focus on Solana.
VanEck, a leading global investment management firm, has officially registered a statutory trust for an Avalanche (AVAX) exchange-traded fund (ETF) in the state of Delaware.
A Solana whale accumulated $23.2 million worth of SOL as the cryptocurrency approaches a technical "death cross" pattern amid broader market weakness.
Solana's price falls below key technical level for the first time since March 2022, signaling potential extended decline ahead.
Official registration documents revealed that VanEck has officially registered the VanEck Avalanche exchange-traded fund (ETF) in Delaware. The global ETF and mutual fund manager said the the ETF was designed to track the performance of Avalanche (AVAX)
A widely followed analyst is outlining the potential path forward for Bitcoin (BTC), Solana (SOL) and other crypto assets. The analyst pseudonymously known as InvestAnswers tells his 563,000 YouTube subscribers that Bitcoin, Solana and other crypto assets are in a “classic bear trap.
After Solana, XRP, and Cardano, Avalanche has now joined the race for ETF approval. Recently, VanEck, a well-known investment firm, filed for the VanEck Avalanche ETF with the U.S. SEC in Delaware.
The crypto market is going through a phase of uncertainty, where every technical indicator is scrutinized closely. Solana, long considered one of the most promising projects in the sector, finds itself at a decisive crossroads today.
Global investment firm VanEck registered an Avalanche exchange-traded fund (ETF) in the United States, hinting at a forthcoming filing for a spot AVAX ETF.VanEck, on March 10, registered a new cryptocurrency investment product called VanEck Avalanche ETF in Delaware, according to public records on the official Delaware state website. Similar to other crypto ETF filings by VanEck, the potential new product under filing number 10125689 was registered as a trust corporate service company in Delaware.
SEC Acting Chairman Withdraws Key Regulation Proposal Related to Crypto Platforms