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news-imageJanuary 28, 2025

Solana Plunges 12%, But This Pattern Could Mean Decline Isn't Over Yet

Solana has seen a price drawdown of around 12% during the past day, but if this pattern is to go by, there could be more decline on the way. Solana Has Seen A Crash Over The Last 24 Hours The cryptocurrency sector as a whole has plummeted during the past day, with Solana not being spared as its price has also gone through a notable decline.
Publisher: NewsBTC
Sentiment: Negative
SOL

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Neutral
cover-imageFinbold
January 29, 2025

ChatGPT says Solana price will hit this target by Q1 2025

Solana (SOL) is navigating significant volatility, reflecting broader corrections across the cryptocurrency market. The recent decline comes as investors await the Federal Open Market Committee's (FOMC) decision on interest rate cuts, heightening caution across the board.

Positive
cover-imageCrypto Economy
January 29, 2025

Solana ETF Approval Imminent? Cboe Refiles SOL ETF Applications

TL;DR The Cboe BZX Exchange refiled Solana ETF applications for Bitwise, VanEck, 21Shares, and Canary Capital, reflecting a more crypto-friendly regulatory environment. The SEC's new acting chair, Mark Uyeda, has introduced changes boosting confidence in crypto-based ETF approvals, including revoking restrictive measures and establishing a crypto task force.

Positive
cover-imageCointribune
January 29, 2025

After the 2024 Setback, Cboe BZX Renews Its Solana ETF Applications

On January 28, 2025, the Cboe BZX exchange filed new ETF applications focused on Solana for Bitwise, VanEck, 21Shares, and Canary Capital. Following a disappointing outcome in 2024, these initiatives aim to revive the SEC's review, marking a significant milestone for crypto adoption in traditional financial markets.

Negative
cover-imageCointribune
January 29, 2025

Is Solana's Future at Risk? Three Key Factors to Watch

The crypto market alternates between spectacular surges and abrupt corrections, and Solana is no exception. After a tumultuous start to the year marked by heightened volatility, the SOL token has lost 17.2% in just three days, bringing its price down to $235.

Positive
cover-imageInvezz
January 29, 2025

INX lists Solana (SOL), $TRUMP, and $MELANIA, expanding regulated digital asset offerings

The INX Digital Company, Inc. has announced the listing of three new digital assets—Solana (SOL), $TRUMP, and $MELANIA—on INX. INX is the world's first fully regulated all-in-one platform for trading tokenized real-world assets (RWAs), cryptocurrencies, and security tokens. Starting January 27, 2025, at 10:00 AM EST, traders will gain access to these assets.

Neutral
cover-imageCoinPedia
January 28, 2025

$100M in Shorts Suggest Solana (SOL) May Not Cross $235: Report

Amid the ongoing market decline, Solana (SOL) is gaining attention from crypto enthusiasts due to its current price action on the daily time frame. On January 29, 2024, the blockchain-based transaction tracker Whale Alert posted on X (formerly Twitter) that a crypto whale had moved a significant 220,308 SOL worth $52 million.

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