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news-imageFebruary 12, 2025

Solana Traders Eye $260 Price Boost as Whales Move SOL Off Exchanges

Solana (SOL) has recorded mixed institutional patterns in the last 48 hours, with bulls looking to recover. Crypto whales have withdrawn the asset from centralized exchanges, backing a long-term price surge despite the general market sentiment.
Publisher: Zycrypto
Sentiment: Positive
SOL

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Positive
cover-imageThe Daily Hodl
February 12, 2025

Attention Shifting Away From Memecoins to Bitcoin, Ethereum, Solana and Cardano: Santiment

Attention in the crypto sector is shifting away from memecoins and moving towards large-cap layer-1 projects, according to the digital asset analytics firm Santiment. Santiment notes traders are more focused on Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Toncoin (TON) and Cardano (ADA), which the firm says suggests a healthier crypto market dynamic.

Positive
cover-imageTokenpost
February 12, 2025

Solana Outpaces Ethereum in Revenue Amid Crypto Slowdown

Solana continues to outperform Ethereum in revenue generation, even as the crypto market faces reduced retail trading activity. Data from DeFiLlama shows that Solanas applications generate significantly more revenue than Ethereums, with crypto researcher Aylo reporting that Solana apps have earned up to 10 times more than their Ethereum counterparts as of Feb. 10.

Positive
cover-imageThe Daily Hodl
February 12, 2025

Abra CEO Unveils Massive ‘Base Case' Price Targets for Bitcoin, Ethereum, Solana and Sui

The chief executive of crypto exchange Abra believes Bitcoin (BTC) and other top digital assets may hit massive price targets this cycle for one main reason. Bill Barhydt says that economic policies under US President Donald Trump may inject a huge amount of liquidity into the markets causing crypto assets to soar to astronomical prices.

Positive
cover-imageCryptonews
February 12, 2025

SEC Acknowledges Spot Solana ETF Filings from Canary, VanEck, Bitwise, and 21Shares

The SEC has taken a key step in the approval process for spot Solana ETF applications from Canary, VanEck, Bitwise, and 21Shares. The move signals growing regulatory acceptance of altcoin ETFs and could open new institutional investment pathways into the crypto market. The post SEC Acknowledges Spot Solana ETF Filings from Canary, VanEck, Bitwise, and 21Shares appeared first on Cryptonews.

Positive
cover-imageCryptonews
February 11, 2025

Franklin Templeton Registers Solana Trust in Delaware, Eyes Spot ETF

Franklin Templeton has filed to register a Solana spot ETF trust, joining Grayscale and Canary Capital in seeking SEC approval. The move highlights growing institutional demand for Solana-based investment products as regulatory decisions approach. The post Franklin Templeton Registers Solana Trust in Delaware, Eyes Spot ETF appeared first on Cryptonews.

Positive
cover-imageCryptonews
February 11, 2025

Sol Strategies Chosen as Staking Provider for 3iQ's Staked Solana ETF

Sol Strategies partners with 3iQ to provide staking infrastructure for the Solana ETF, enhancing institutional access to staking rewards. The collaboration underscores the growing demand for regulated digital asset investment options The post Sol Strategies Chosen as Staking Provider for 3iQ's Staked Solana ETF appeared first on Cryptonews.

Positive
cover-imageCryptoPotato
February 11, 2025

90% chance for Litecoin ETF approval, XRP, SOL, and DOGE follow!

According to analysts from Bloomberg, there is a 90% probability that the U.S. Securities and Exchange Commission (SEC) will approve a spot exchange-traded fund (ETF) based on Litecoin (LTC) by the end of 2025. They estimate the chances of approval for other crypto ETFs, such as those for XRP, Solana (SOL), and Dogecoin (DOGE), at 65%, 70%, and 75%, respectively.

Positive
cover-imageCrypto Reporter
February 11, 2025

$199 Breakout Confirms SOL's Bullish Momentum, XRP Bulls Next Target, While This Under The Radar Coin Gains Steam

According to crypto analyst Ali Martinez, the Solana price action is at a crucial level, pointing to a key support level within a parallel channel. Based on the Solana price movement in the daily candlestick timeframe, his analysis suggests that the altcoin has been trading in an uptrend channel since July 2024.

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