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.
Ongoing bullish activities in SOL trading could influence a price rally.
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.
The start of the day was pretty consolidated for the crypto markets, with the trading volume slashing heavily by close to 30%. Both bulls and bears remain resilient, which may drop the volatility, leading to a range-bound consolidation for a while.
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.
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.
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.
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.
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.
Solana reveals strong support under $200 resulting in a sudden bounce back and a potential rise to $250 on horizon. Amid the possibility of a new bull run, should you consider buying SOL?
Solana (SOL) is under significant bearish pressure as the cryptocurrency faces consistent selling, pushing its price from $200 to $187.99. Despite attempts at short-term recoveries, SOL is experiencing a challenging period, with key technical indicators suggesting that further declines could be on the horizon.
Canadian publicly traded company Sol Strategies announced the purchase of an additional 40,300 SOL tokens. This latest purchase, valued at approximately CAD 14.3 million ($9.9 million), comes at an average price of CAD 355.77 ($246.53) per SOL.
Solana demonstrated market resilience with a quick recovery from sub-$195 levels to $214, while VanEck's ETF filing and upcoming regulatory developments signal growing institutional interest in the platform.
Solana (SOL) has faced a challenging phase recently, with its price dipping below the $200 mark, despite growing optimism surrounding a potential ETF approval. The odds for a Solana ETF approval in 2025 have soared to 85%, according to Polymarket, signaling increasing institutional interest and positive market sentiment.
The crypto market rebounded after Donald Trump agreed to delay tariffs on Canada and Mexico following a conversation with both presidents. As a result, Bitcoin (BTC) rebounded to reclaim the $100,000 level, with the flagship cryptocurrency trading at $100,360, up nearly 7% over the past 24 hours.
Hit by President Donald Trump's announced tariffs on major trading partners, China, Canada, and Mexico, the overall crypto market felt the impact, leading to a sell-off and increased selling pressure on altcoins.
As most of the crypto market remains in red, Solana (SOL) has started to recover from the market's sharp correction. The cryptocurrency's price has surged 7.5% in the last 24 hours, recovering from its three-week low and leading some analysts to suggest the bleeding might be over.
Following President Donald Trump's recent tariff announcement, global markets are in turmoil, with U.S. stock futures dropping significantly.
Bitcoin, Solana, and other cryptocurrencies rebounded on Monday after U.S. President Donald Trump and Mexican President Claudia Sheinbaum agreed to delay the 25% tariffs.
An analyst has pointed out how Solana (SOL) has just seen a buy signal on the same indicator that earlier called for selling XRP (XRP). Solana Has Seen A Buy Signal On The TD Sequential In a new post on X, analyst Ali Martinez has discussed about a Tom Demark (TD) Sequential signal that Solana has displayed on its daily price chart.
Everstake, a prominent decentralized staking service provider, announced on Sunday its partnership with Fragmetric, a liquid restaking protocol on Solana. The partnership will allow more flexibility and rewards to stakers where they can restake their assets while keeping liquidity.