Solana co-founder Anatoly Yakovenko has opined that Bitcoin, the largest cryptocurrency, is heading toward a "hybrid" proof-of-stake (PoS) model.
SUI, the native token of a Layer-1 blockchain, has recently experienced a steep price decline, dropping by more than 30% within the last month. As a result, traders and investors are growing increasingly concerned about the future of the token.
The Solana (SOL) price is navigating a bearish zone, failing to recover from the recent crypto market crash. Notably, the Solana blockchain demonstrated exceptional performance in Q4 2024 and January 2025, with several key metrics showing significant growth.
Sui (SUI) has gained the attention of traders after forming an attractive risk-to-reward ratio that appears favorable for short-term gains. The recent price action has led to a notable shift in market sentiment, with traders now focusing on critical support levels to determine the next movement.
Binance Coin (BNB) and Solana (SOL) have established themselves as two of the most successful altcoins, offering high-speed transactions, strong ecosystems, and real-world utility. However, their price points have made it difficult for new investors to enter at an early stage.
The AMM's month-old perps service is already seeing $100 million in daily volume.
Solana (SOL), one of the leading cryptocurrencies in the market, is currently at a decisive crossroads. After reaching a peak of $220, the price began to decline, breaking through support levels at $215 and $212.
Solana (SOL) and XRP took nearly double-digit decline in their prices on the weekly timeframe, as U.S. President Donald Trump made key tariff announcements. Bitcoin's decline drags down most altcoins, as crypto traders digest developments in artificial intelligence and the ETF hype for Solana and XRP.
While the top ten cryptocurrencies seem stuck trading sideways, the meme coin world continues to make double digits moves.
The market remains mainly bearish today, according to CoinMarketCap.
The new leadership under Trump still needs to decide the securities attributes of assets such as SOL and XRP. This is key because it's making it difficult for exchanges to place crypto coins.
A Solana investor who turned millions during the blockchain's meteoric rise has pinpointed Mutuum finance (MUTM) as the next explosive opportunity in the crypto market.
The cryptocurrency market is a whirlwind of action. Once the golden child of altcoins, Solana is now battling a pullback after an explosive rally.
Bitcoin (BTC) declined marginally to fall from $99,000 to its current level of $98,100. The flagship cryptocurrency is down over 2% in the past 24 hours as it struggles to build momentum.
Mahe, Seychelles, 5th February 2025, Chainwire
Ongoing bullish activities in SOL trading could influence a price rally.
Solana has rebounded to $204.56 with a 4.25% daily gain despite reduced trading volume, as the market recovers from a recent correction triggered by geopolitical events, with technical analysis suggesting potential for further upside movement pending breakthrough of key resistance levels.
Enron, a newly launched project claiming to inherit the old corporation's energy business, launched a highly volatile ENRON token, where 92% of the supply is held by insiders
Solana's price has struggled to break the $270 resistance for the past three months, pushing the cryptocurrency into a vulnerable position.
There is still a headwind in the broader digital currency ecosystem, reflected in the key metrics of protocols like Solana (SOL). At the time of writing, Solana's price was changing hands for $205.3, up marginally by 0.44% in the past 24 hours.
Solana price remains above the $200 mark despite recent market corrections. The cryptocurrency briefly dropped to $173 before recovering, reflecting heightened market activity.
SUI, the native token of the Layer-1 blockchain, has taken a major hit, dropping more than 30% in a month. Such a massive drop has raised concerns among traders, with crypto analyst Jason Pizzino warning that the token might be following a historical pattern that led to a deep crash in the past.
Data revealed that 75% of top SUI traders on Binance are going long.
Solana started a fresh decline from the $220 zone. SOL price is consolidating and might face resistance near the $215 and $220 levels.
The rapid rise of CALICOIN highlights the potential for innovative tech to drive market interest, but also underscores volatility in crypto markets. The post Cyborg-made Solana meme token CALICOIN soars to $30 million market cap in two hours appeared first on Crypto Briefing.
Cryptocurrency analyst and trader Jason Pizzino is warning that one Solana (SOL) competitor is at risk of a severe correction. In a new video, Pizzino tells his 345,000 YouTube subscribers that Sui (SUI) may be repeating a historic pattern that could lead to a collapse.
Solana (SOL) has shown promising signs of recovery after a recent dip below the $200 mark. Over the past 24 hours, the altcoin surged by 5.02%, pushing its price back to around $206 after briefly touching a low of $179.
The index has been updating highs since September.
SUI price has been up roughly 4% in the last 24 hours but has remained down 30% over the past month. Despite slight recovery, its technical indicators still point to an overall bearish setup, with both the Ichimoku Cloud and EMA lines suggesting strong resistance ahead.
As of Jan. 31, Sol Strategies and its subsidiaries held an aggregate of 189,968 SOL, valued at nearly $41 million.
Solana appears to be in the early stages of a recovery, and the network's steady adoption could support longer-term price growth.
Solana experienced extreme volatility on Sunday and Monday as the market reacted to fears of a U.S. trade war. The uncertainty sent the entire crypto space into a sharp sell-off, with SOL dropping over 25% from its Saturday highs.
Donald Trump's Solana meme coin fell to the lowest price seen since just hours after launch. It's now the biggest loser in the top 100 coins.
The cryptocurrency market has entered a high-volatility phase, with SUI, XRP, and Bitcoin all experiencing significant price swings. SUI is teetering on a key support zone, raising concerns of a potential 40% crash.
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After a sharp fall, Sui (SUI) has recovered significantly and is poised for massive upside momentum due to its bullish price action on the four-hour timeframe. Data shows that after witnessing a price drop of over 38%, the altcoin has soared more than 55%, reclaiming all the losses.
Solana (SOL) price is up 10% on Tuesday, February 4, as it attempts to hold above $200. Its market cap has recovered back above $100 billion.
Sol Strategies has strengthened its validator operations and SOL holdings, acquiring an additional 40,300 SOL worth $9.93 million. Expansion of SOL Holdings and Validator Operations Remain Key for Sol Strategies Sol Strategies Inc., a publicly traded Canadian firm focused on the Solana blockchain, has announced significant validator growth and expanded SOL holdings. Between Jan.
The Canadian investment company, led by former Valkyrie Investments co-founder Leah Wald, has also acquired validators on other blockchains and holds some BTC.
$PAIN meme coin project achieves unprecedented success by raising 187,774 SOL in a two-day presale, amid growing interest in Solana-based meme tokens.
Cryptocurrency analysts of Coinidol.com report, Solana (SOL) has been trading above the 21-day SMA support since January 27.
The competition in the blockchain sector is heating up as Coldware (COLD) emerges as a strong alternative to Solana (SOL). With Solana (SOL) experiencing significant market turbulence, large investors, also known as whales, are diversifying their holdings, and many are shifting their focus to Coldware (COLD).
A major SOL transfer in recent hours has caught the attention of the crypto community. The transaction, which occurred between two unknown wallets, saw 1,190,645 SOL moved at a go, sparking speculation.
Solana price has pared back some of the losses made on Monday when Bitcoin and most altcoins crashed. This rebound may continue, with some analysts predicting a surge to $500.
Solana has made a moderate recovery over the past day after a dip below $200
SOL is consolidating near $216.90, testing key Fibonacci resistance. A breakout signals bullish momentum, while rejection could trigger a decline toward critical support around $173.42, defining short-term trend.
There is a potential Solana ETF on the horizon. Another altcoin, DTX Exchange, will be the best token to invest in today for maximum gains this year.