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news-imageFebruary 26, 2025

Solana plunges over 50% from all-time high as memecoin trading activity fades

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.
Publisher: Invezz
Sentiment: Negative
SOL

More News Articles

Negative
cover-imageThe Currency Analytics
February 26, 2025

Solana Price Faces Significant Drop, Heading Below $100

Solana (SOL), the native cryptocurrency of the Solana blockchain, is facing intense downward pressure after significant news stirred the market. On February 25, 2025, a post by Crypto Beast, a blockchain-based transaction tracker, revealed that Binance was reportedly selling off its entire holdings of Solana.

Positive
cover-imageThe Motley Fool
February 26, 2025

Should You Buy Solana While It's Under $300?

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.

Negative
cover-imageInvezz
February 26, 2025

Can Pi Coin compete with Solana, Dogecoin, and Cardano?

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.

Negative
cover-imageInvezz
February 26, 2025

Crypto market update: Bitcoin tumbles amid liquidations while Ethereum and Solana rebound

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.

Negative
cover-imageCoinPedia
February 25, 2025

Will Solana (SOL) Price Collapse to below $100?

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.

Positive
cover-imageCoingape
February 25, 2025

3 Tokens to Buy and Accumulate While Waiting for Solana's Recovery

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.

Neutral
cover-imageInvezz
February 25, 2025

Dogcoin jumps 75% as Bitcoin slips below $89K and Solana dips under $135

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.

Positive
cover-imageInvezz
February 25, 2025

The first wave of the 2025 altcoin gains favored Solana (SOL) and Ripple (XRP), here's the token to buy ahead of wave 2

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.

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