Solana's price has dropped 8.8% in the past 24 hours, hitting $169.01, marking its lowest point since mid-December.

Solana (SOL) has been under pressure, recently dropping to a three-month low of around $160. Many traders are frustrated with this decline, especially since SOL was trading near $293 in January. However, according to Santiment, a well-known market intelligence platform, this negative sentiment might be setting the stage for a rebound.

With ETF momentum still in play for Solana and XRP, will altcoins continue to outperform?

Sol Strategies, a publicly traded Canadian company formerly called ‘Cypherpunk Holdings,' completed the purchase of an additional 12,456 SOL worth approximately CAD $3.59M (inclusive of fees and expenses) at an average price of CAD $288.48 per SOL. The firm's SOL acquisition between February 7th and February 15th brought its total SOL holdings to 226,798 SOL worth CAD $59.2M at CAD $260.94 per SOL.

The world's largest stablecoin issuer, Tether, minted an additional $1 billion worth of USDT on the Tron network in the past 11 hours. At the same time, Circle also minted another 250M USDC on the Solana network.

The U.S. Securities and Exchange Commission's (SEC) recent acknowledgment of XRP ETF filings has created a stir in the crypto community. These filings mark a major milestone for the cryptocurrency, as the application was previously rejected or withdrawn.

Coinbase exchange has unveiled CFTC-regulated futures for Hedera and Solana. The launched offerings have introduced more crypto products to institutions in the U.S. market.

BC.GAME, a leading crypto gaming platform, has launched a massive airdrop in the Solana ecosystem, distributing 400 million $BC tokens. As the first platform to reward Pump.fun users, BC.GAME strengthens its presence in blockchain gaming and community engagement.

Traders are increasingly shorting Solanas native SOL token as market sentiment turns negative due to recent memecoin controversies. Data from Coinalyze shows the long-to-short ratio for SOL futures dropped from 4 to 2.5 on February 17, reflecting rising bearish sentiment.

Crypto analyst Jason Bons is blaming Solana (SOL) for the spate of frauds and scams on the blockchain is misguided.

Sunil Kavuri, a prominent advocate for FTX creditors, advises victims not to gamble away their returned assets after missing the bull run.

Most altcoins have crashed by double digits in the past few weeks. Solana, Bonk, Pepe, and Raydium prices have plunged by double digits, meaning that they have moved into a deep bear market. So, let's explore why these altcoins have plunged and what to expect in the near term.

Solana prices have declined more than 40% in roughly a month as multiple bearish factors combined to create what one analyst described as a "perfect storm."

Solana has just seen its biggest price drop in three years, falling 45% from its most recent high. Due to intense selling pressure, the asset — which was among the best performers during the previous bull cycle — is currently causing investors to worry about its short-term future.

Reeve Collins, co-founder of Tether (USDT), is re-entering the $233 billion stablecoin market with Pi Protocol, a decentralized, yield-generating stablecoin set to launch on Ethereum and Solana in late 2025. The post Tether Co-Founder Supports New Stablecoin Project on Ethereum and Solana appeared first on Cryptonews.

One man and his team racked up more than $100 million in memecoin profits via a trading method called “sniping.” Sniping Legend Nets More Than $100M in Memecoin Profits There are snipers, then there's Naseem, the legendary trader who pocketed $100 million from the Trump memecoin launch in January.

Coinbase's derivatives arm said that it now offers CFTC-regulated futures contracts covering Solana and Hedera.

Grayscale Investments has introduced the Grayscale Pyth Trust, allowing investors to gain exposure to the PYTH governance token while avoiding the technical challenges of direct cryptocurrency ownership.

Co-founder and Chief Executive Officer (CEO) of Real Vision, Raoul Pal has doubled down on his bullish outlook for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), calling these cryptocurrencies “the greatest macro trade of all time.” Despite recent fluctuations and short-term volatility, Pal argues that the market is positioned for an explosive breakout, which investors should prepare for.

Smart crypto investors looking to invest in the best crypto token that could yield massive ROI in the 2025 crypto bull run instead of Ethereum (ETH) and Solana (SOL) are excited as top analysts reveal the discovery of a hidden crypto gem. WallitIQ (WLTQ).

To celebrate President's Day, the team behind Trump's Solana meme coin is rewarding NFT and merch buyers with an airdrop.

Solana has been under intense selling pressure since reaching its all-time high in late January. The price has struggled to regain momentum, facing negative sentiment as the meme coin market continues to decline, significantly impacting Solana's ecosystem.

Weekly on-chain trading volume has decreased since mid-January, gradually falling from $173 billion to roughly $90 billion last week, according to DefiLlama data. Solana's weekly volumes suffered the largest decrease in the period.

The ratio of SOL to ETH is reversing course after reaching record highs in January amid memecoin scandals.

New Solana and Hedera futures launched by Coinbase derivatives

Ben Chow, co-founder of Meteora, has stepped down from his role following scrutiny over the botched launch of the Libra (CRYPTO: LIBRA) token, a Solana (CRYPTO: SOL)-based meme coin. Meow, the pseudonymous co-founder of both Meteora and Jupiter (CRYPTO: JUP), announced that neither he nor anyone at either project had benefited financially from the token.

Solana slides as Argentina's president faces scandal for promoting crypto token: CNBC Crypto World On today's episode of CNBC Crypto World, a judge in Argentina reportedly investigates the country's president after he promoted a cryptocurrency in a now-deleted post on X. Plus, FTX begins payouts to creditors as its bankruptcy saga winds down.

Solana price plummets as a drop in onchain activity, declining DApps TVL and looming SOL token unlocks approach.

Grayscale is adding to its offerings, debuting a Pyth Trust as demand for crypto-focused investment products surges.

Solana (SOL) has seen its price decline to levels last seen in November 2024, hitting a low of $161.66 amid a wider crypto crash that has seen Bitcoin (BTC) drop to $94,078.68 and Ethereum (ETH) drop to $2,612.

A veteran trader known for calling the collapse of 2022 is predicting big fakeout dips for Bitcoin (BTC) and two top altcoins before fresh explosive rallies. Posting in his Telegram channel, pseudonymous crypto analyst Capo tells his audience that Bitcoin may plummet to around $81,450, a 14% decline from its current value.

BTC has dumped to a two-week low of its own.

Collins served as Tether's first chief executive officer from 2013 to 2015, after creating the stablecoin with Brock Pierce and Craig Sellars.

Bitcoin has fallen to its lowest price in weeks as Solana continues to bleed amid the LIBRA controversy, plus other top coins dip.

Another crypto market crash is occurring, with the Bitcoin price dropping below the crucial $95,000 support level, dragging altcoins like Ethereum, Solana, and the XRP price along with it. This price crash has occurred mainly due to the bearish sentiment in the market, thanks to several factors.

The crypto market is going through a new period of turbulence, and Solana (SOL) is directly suffering the consequences. In 24 hours, the cryptocurrency has dropped by 6.2%, reaching $166.42, its lowest level since mid-December.

Solana price crash is a buying opportunity because the FTX unlock and Libra fallout are temporary dips for the quantum-resistant chain The post After Libra and FTX, Solana Price Crash is Best Time to Buy a Quantum-Resistant Future appeared first on Cryptonews.

The crypto market is showing mixed signals, causing some altcoins to climb while others experience declines. However, certain altcoins are catching investors' attention due to recent developments surrounding the tokens.

Solana (SOL) has struggled to maintain its bullish momentum, shedding 9.3% in the last 24 hours to a low of $166, marking its lowest level since mid-December.

Crypto-focused asset manager Grayscale has announced the creation and launch of the Grayscale Pyth Trust. Pyth Trust is a single-asset crypto investment fund designed to offer exposure to Pyth Network (PYTH), the native governance token of the oracle network's ecosystem.

The sentiment has begun to turn bearish for SOL.

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The exposure of this network highlights the urgent need for increased transparency and regulation in the cryptocurrency market to protect investors. The post DefiTuna founder uncovers network exploiting $200 million from meme coin launch on Solana appeared first on Crypto Briefing.

TL;DR Solana has dropped nearly 38% since January, affected by memecoin speculation and a decline in trading volume. The collapse of the LIBRA token and market manipulation have weakened confidence in the network, with insider traders extracting over $200 million. On March 1, 11.

In a recent report, on-chain data research provider Kaiko evaluated the liquidity ranking of several crypto assets, including major cryptocurrencies XRP, SOL, BTC and ETH. This is necessitated amid increasing odds of altcoin spot ETFs and as market depth returns to pre-FTX levels.

Bitcoin (BTC) registered a drop late on Monday, falling from $97,000 to $95,243 before rebounding and settling just above $96,000. The flagship cryptocurrency registered another slump during the current session, falling to a low of $95,189 before recovering and moving to its current level.

The Solana price has dived by 8% in the past 24 hours, dropping to $169 as the cryptocurrency market falls by 3% today.SOL is now down by 16.

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