Solana (SOL) has been facing mounting pressure in recent weeks, as its on-chain activity continues to decline, signaling potential trouble ahead for its price. The network's daily active addresses have fallen to a three-month low, reaching 3.5 million.
Hedera (CRYPTO: HBAR) has seen a 35% decline this past month, but the approval process for a spot HBAR ETF has triggered renewed interest among traders. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Hedera (CRYPTO: HBAR) $0.2139 $8.96 billion +1.8% +1.3% XRP (CRYPTO: XRP) $2.44 $141.4 billion -4.3% -7.4% Cardano (CRYPTO: ADA) $0.7253 $25.5 billion -5.2% -8.6% Trader Notes: Crypto trader Javon Marks sees HBAR's first breakout target at $0.504, a 128% increase from current levels.
Solana, the sixth-largest cryptocurrency, has fallen even as multiple asset managers have applied for ETFs based on its spot price.
The SOL price has dropped below $160 for the first time since November 2024 as it remains stuck within a steep bearish channel. Solana has been struggling lately due to increasing selling pressure and a drop in network activity. Several on-chain metrics have declined, along with DEX activity for the 5th consecutive week.
Bitcoin price is at risk of falling from its current trading range and exploring new lows under $90,000. Can bulls turn the tide?
TL;DR Pump.fun is developing a new AMM that could displace Raydium as the primary liquidity provider on Solana, shifting the dynamics of meme coins. The RAY cryptocurrency saw a 28.10% drop in 24 hours due to speculation about the impact of this new AMM. Pump.
This is a segment from the Empire newsletter. To read full editions, subscribe.
The crypto market has resumed its downtrend, shedding $40 billion in market capitalization over the past 24 hours.
BRUTO and CYBERTRUMP are up by 1,400% and 5,300% in the past 24 hours, with at least ten other Sonic-based meme coins posting triple-figure percentage gains today. The post Sonic-Based Meme Coins Start Rallying – Is This the Next Solana? appeared first on Cryptonews.
Another crypto market crash is happening, with Bitcoin, Ethereum, Solana, and the Dogecoin price witnessing significant declines. This development comes amid the uncertainty in the market, which is sparking a bearish sentiment among investors.
Binance and Kraken wallets have issued multiple transactions for Ethereum (ETH) and Solana (SOL). The market operators may reflect the recent deleveraging of blue-chip assets.
Amid market uncertainty, Solana (SOL), the world's fifth-largest cryptocurrency by market cap, appears bearish and is poised to continue its decline in the coming days. With this notable drop, SOL has experienced a significant 37% loss in the past 30 days.
Solana's on-chain struggles persist as daily active addresses hit a three months low of 3.4 million.
This is a segment from the Lightspeed newsletter. To read full editions, subscribe.
Wintermute withdrew $40 million in SOL ahead of a $2 billion token unlock, raising concerns over selling pressure as market sentiment worsens.
The crypto industry has plunged into another severe slump, with its total market capitalization plummeting to $3.13 trillion- a decline of 0.84%. As a result, top assets are witnessing substantial losses.
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
After months of excitement, the frenzy surrounding the launch of tokens on Solana is slowing down significantly. Pump.fun, the leading platform for launching memecoins, is experiencing a marked decline in its activity and revenue.
The expansion significantly broadens trading options for users, reflecting a friendlier regulatory environment in the U.S.
Solana price is about to form a death cross pattern, pointing to more downside as its decentralized exchange volume, active users, and revenue crash. Solana (SOL) token has dived to $159, its lowest level since Nov.
The crypto market remained relatively muted over the weekend as markets steadied themselves after the Bybit hack. Bitcoin (BTC) hovered around $96,000 after falling from a peak of $99,411 to $95,063 before marginally recovering and moving to its current level.
Over the past month, solana (SOL) has plummeted 36% in value relative to the U.S. dollar, a stark decline that coincides with anticipation of a substantial token release. Five days ahead of an 11.2 million SOL unlock slated for Saturday, March 1, the digital currency's downward trajectory has intensified.
With a 78% market share, USDC dominates Solana's stablecoin ecosystem, overshadowing Tether (USDT) and other rivals.
The crypto market saw further selling pressure at the start of Monday's trading session, as traders considered recent events from the weekend. Bitcoin and most crypto assets are in the red, continuing Sunday's sell-off.
On-chain data shows Binance has facilitated withdrawals for millions worth of ETH and SOL in the past 24 hours of trading, what could this mean? According to data from Arkham Intelligence, Binance's holdings has seen a surge in activity in
You can click on this news section to read its content. It seems somehow there is no meta tag description available for this news article.
Binance unveiled a vital update on the tokens KAITO, SOL, ETH, BNB, TST, TRUMP, and TRX this Monday, nabbing investor attention globally. The crypto exchange behemoth is expanding spot trade offerings for these tokens whilst also adding new trade services for them.
The 45% drop of Solana against Bitcoin is certainly not the most expected event of 2025. Solana plummeted massively on its own, but Bitcoin's dominance rise is an important signal that suggests liquidity outflow from the market.
Solana (SOL) tumbles to $157.25 as Binance selloff rumors and an impending $1.79B token unlock fuel market fear. Can SOL rebound from oversold RSI levels?
Amid the ongoing market uncertainty, the SOL price has failed to hold its value above its important support level. This has resulted in it experiencing a major price crash this month.
The short-term situation is definitely difficult.
Despite the negative outlook, the price of Solana is likely to reclaim new highs once FTX sell pressure clears.
For Solana, these early months of 2025 are the best of times and the worst of times. FTX, the exchange that effectively brought it to its knees, its $450M hack signaling the nadir of the previous bear market, is long gone and its founder serving decades in jail.
Solana price remains in a deep meltdown as concerns about its ecosystem continued. It crashed to a low of $160 on Monday, continuing a trend that started earlier this year when it peaked near $280. It has dropped in the last six straight weeks and is now hovering at its lowest level since December.
Solana's price is under intense bearish pressure, having dropped below $160 for the first time since November 2024. The decline follows a broader crypto market correction, compounded by concerns over an imminent $2 billion token unlock from the FTX bankruptcy auction.
Solana's price has dropped below $160 amid concerns over an upcoming $1.77 billion token unlock, decreased network activity, and mounting long liquidations, while PumpFun tests new AMM pools in an attempt to boost trading volume.
The importance of the first ETF on Solana
The Lazarus group, the main suspect in the historic hacking of Bybit estimated at $1.4 billion, would also be involved in recent memecoin scams on Solana, notably via the Pump.fun platform, according to findings by blockchain investigator ZachXBT.
Circle has minted another 250 million USDC on Solana, pushing its 2025 total issuance to 8 billion USDC as demand for regulated stablecoins grows.
North Korea's Lazarus Group, the primary suspect behind the $1.4 billion Bybit hack on Feb. 21, has been linked to a series of meme coin scams on Solana's Pump.fun platform.
Solana price faces bearish pressure after dropping below $160 for the first time since November 2024. This crash has caused speculation about whether SOL could crash to $100, considering the upcoming unlock of nearly $2 billion tokens from the FTX bankruptcy auction.
In recent weeks, crypto influencers and financial funds have published their forecasts on the price of Solana (SOL) for 2025.
SOL has plummeted by more than 7% to levels below $160 as investors grow weary of the upcoming FTX 11.2 million Solana unlocking. On Feb. 24, Solana (SOL) took a nosedive, decreasing more than 7% to $158.
SOL put options accounted for most of the block trades that crossed the tape on Deribit last week.
The crypto market kicked off the week on a bearish note, with Bitcoin (BTC) slipping back to the $95K level, dragging major altcoins lower. Ethereum (ETH), Solana (SOL), and XRP fell between 1% and 5%, while meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) also posted losses.
Is Solana slowing down on its promise to be the Ethereum killer?
Solana price plunged 4% on Sunday February 22, trading as low as $167 as multiple bearish catalysts from the Bybit hack and impending SOL outflows from FTX Estate diluting supply. Solana Under Pressure as Bybit Hacker Launders Stolen Funds Through Pump.Fun Memecoins Solana (SOL) experienced another wave of steep losses on Sunday despite early recovery