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news-imageFebruary 8, 2025

Solana Struggles: Price Down Almost 15% in a Week – Is It Time to Buy?

Solana price drops 15% in a week, struggling below $203 resistance. Can ETF approval boost recovery, or is a deeper correction ahead? The post Solana Struggles: Price Down Almost 15% in a Week – Is It Time to Buy? appeared first on Cryptonews.
Publisher: Cryptonews
Sentiment: Negative
SOL

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Negative
cover-imageThe Currency Analytics
February 8, 2025

Solana (SOL) Drops 17% in a Week, Struggling Below $200

The price of Solana (SOL) has taken a significant hit over the past week, dropping by 17% and failing to hold the $200 mark. Currently, SOL is facing increased bearish momentum, leaving traders wondering if the cryptocurrency will continue to slide or if it is poised for a potential reversal.

Positive
cover-imageCoinPedia
February 8, 2025

Solana Rally Imminent? $24 Million of SOL Moves from Exchanges

After a price drop of over 25% in recent days, Solana (SOL) is poised for a massive upside rally, having formed a bullish price action pattern on the four-hour timeframe. This bullish outlook has attracted notable investors and traders to the asset, as revealed by the on-chain analytics firm Coinglass.

Positive
cover-imageThe Currency Analytics
February 8, 2025

Solana Price Could Hit $520 by 2025, Predicts VanEck

Solana (SOL), one of the leading smart contract platforms, has been given a bullish price target by global investment firm VanEck. According to their latest analysis, the price of SOL could reach $520 by the end of 2025, driven by an expanding smart contract market, increasing institutional interest, and favorable macroeconomic conditions.

Positive
cover-imageThe Currency Analytics
February 8, 2025

XRP ETF Gains Momentum as SEC Reviews Grayscale's Solana and Litecoin Funds

The push for crypto exchange-traded funds (ETFs) continues to gain ground as the Chicago Board Options Exchange (Cboe) filed a 19b-4 with the U.S. Securities and Exchange Commission (SEC) to list and trade XRP ETFs from several major asset managers. This development follows the SEC's acknowledgment of Grayscale's filings for Solana (SOL) and Litecoin (LTC) ETFs, marking an important step in the broader acceptance of digital asset investment products.

Positive
cover-imageCrypto Reporter
February 7, 2025

Cardano and Solana Traders Shift Focus to This Sub $1 Altcoin Before It Surges 55,000% by March

Cardano (ADA) has been navigating a volatile market alongside Solana (SOL). As both cryptocurrencies face significant price fluctuations, traders are increasingly turning their attention to an emerging altcoin, priced below $1. The new altcoin, which leverages the power of artificial intelligence (AI), is poised for a remarkable 55,000% surge by March.

Positive
cover-imageBitcoin
February 7, 2025

Vaneck Forecasts Solana to Hit $520 by End of 2025 Despite Recent Slump

Asset manager Vaneck projects solana (SOL) will reach $520 by the end of 2025, driven by its growing dominance in the smart contract platform market, despite the cryptocurrency's recent 15.8% seven-day decline. Vaneck Analysts—Solana Price Could Soar Over 160% by 2025 as M2 Growth Fuels Crypto Rally Solana (SOL) traded at $198.

Positive
cover-imageCryptonews
February 7, 2025

SEC Acknowledges Amendment for Grayscale Spot Solana ETF Application

The SEC officially acknowledges Grayscale's Solana ETF proposal, opening it for public feedback. This marks the first time a Solana ETF filing has been recognized, signaling a possible shift in regulatory stance. With analysts assessing its impact, the ETF's approval process could shape the future of Solana investments. The post SEC Acknowledges Amendment for Grayscale Spot Solana ETF Application appeared first on Cryptonews.

Negative
cover-imageCrypto Daily
February 7, 2025

Crypto Price Analysis 2-7: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, RIPPLE: XRP, JUPITER: JUP, STACKS: STX

Bitcoin (BTC) dived back into the red as momentum stalled around the $99,000 price level and fell to a low of $95,891 before recovering and moving to its current level. The flagship cryptocurrency is down almost 1% as it oscillates between $95,000 and $99,000, nearly 11% below its all-time high as it struggles to reclaim $100,000.

Positive
cover-imageNewsBTC
February 7, 2025

Solana To $520? Investment Firm Drops Bombshell SOL Prediction

VanEck, a global investment management firm with a nearly 70-year history and a strong reputation in the exchange-traded funds (ETF) arena, has issued a striking price target for Solana (SOL). In a post shared on X on January 6, the New York-based firm projected Solana's value to soar to $520 by the end of 2025.

Positive
cover-imageBenzinga
February 7, 2025

Solana To $520 By End Of 2025, VanEck Predicts

Asset manager VanEck has projected a price target of $520 for Solana (CRYPTO: SOL) by the end of 2025, citing its rising market share within the smart contract platform sector. What Happened: The asset manager's forecast is based on an analysis of U.S. M2 money supply growth and its correlation with overall crypto market capitalization.

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