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news-imageApril 7, 2025

Why Is Solana Down Today? SOL Plunges Below $100 As Traders Brace for More Pain

Solana (CRYPTO: SOL) plunged below the key $100 threshold Monday, hitting an intraday low of $96.99 as investors fled risk assets amid an escalating global trade war and growing fears of a financial crisis. At the time of writing, SOL is trading at $106.25, down over 7% in the past 24 hours and more than 22% in the last month.
Publisher: Benzinga
Sentiment: Negative
SOL

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Positive
cover-imageBlockworks
April 7, 2025

Pipe Network cuts Solana sync time by 30% for some validators

Pipe Network, a decentralized infrastructure project from Permissionless Labs, is publicly spotlighting its verifiable access to Solana snapshots through its decentralized CDN in a new case study. According to internal performance benchmarks provided to Lightspeed, usage points to 30% faster node initialization and far lower infrastructure costs.

Positive
cover-imageCryptonews
April 7, 2025

Janover Raises $42 Million to Build Solana-Focused Treasury

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Negative
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April 7, 2025

Solana Price Crash to $99—Analyst Predicts 50% Drop Ahead

The wider crypto market continued with bearish sentiment as the New York traders began their new week. Bitcoin (BTC) price has been forming a rising wedge in a falling market, signaling further capitulation during the day, potentially towards $70k. Moreover, the heavy liquidation of long crypto traders, amounting to around $1.

Negative
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April 7, 2025

Solana Price in Freefall: Will SOL Crash Below $90 This Week?

Solana price is in a freefall today, April 7, after crashing by 18% to drop below $100 for the first time since February 2024. SOL has posted an over 60% decline since mid-January, with traders now concerned about how much further Solana will drop and whether a sub-$90 dip is on the horizon.

Neutral
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Trader stakes $0.05 of SOL for 3,000 years: Here's what it'll be worth in 5138

A crypto user has gone very long on Solana, staking a very small portion of the token for the next 3,000 years, according to blockchain analytics firm Arkham Intelligence.The unknown user staked $0.05 Solana (SOL) in 2023, and it will unlock in the year 5138, Arkham said in an April 5 post to X. Speaking to Cointelegraph, Vincent Liu, chief investment officer at Kronos Research, said the move was likely a symbolic sign of showing conviction in Solana's long-term ecosystem.

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