NYSE Arca's filing for a spot Cardano exchange-traded fund has been acknowledged by the United States Securities and Exchange Commission. According to a Feb.

Bitcoin's price recently dipped below $91,000, marking its lowest point in months, causing a ripple effect throughout the broader crypto market. In just 24 hours, over $100 billion in market value was wiped out. This has led to increased uncertainty, with Bitcoin down by 5% and altcoins suffering even bigger losses.

Rachel Aguirre, the head of U.S. iShares products at BlackRock, highlighted the company's three key principles applied when considering the launch of a Solana ETF. She said that BlackRock's focus remained on meeting customer needs, defining the investment thesis, and evaluating the suitability of ETF packaging.

The U.S. Securities and Exchange Commission (SEC) has officially started reviewing Grayscale's proposal for a Cardano (ADA) exchange-traded fund (ETF). This comes after NYSE Arca submitted a request to the SEC to list and trade shares of the Grayscale Cardano Trust on the stock exchange, and a decision is expected within 180 days.

The crypto markets are witnessing massive sell-offs, which have dragged the major cryptos below their pivotal support levels. Bitcoin dropped below $94,000 initially and later formed the bottom below $92,000 and interestingly, it does not appear to halt the ongoing bearish trend.

Cardano (ADA) saw a sharp decline on Monday, dropping 10.41% to $0.6856 by 17:54 (22:54 GMT) on the Investing.com Index. This marked its largest one-day loss since February 24.

Solana has plunged 45% against Bitcoin, marking one of the most significant market shifts of 2025. While SOL has suffered heavy losses, Bitcoins rising dominance signals a liquidity outflow from altcoins.

Solana-based token issuance platform Pump.Fun appears to be developing its own automated market maker (AMM), according to a newly discovered URL, though no official announcement has been made. An AMM enables decentralized trading by using liquidity pools instead of traditional order books.

Solanas (SOL) options market is heating up on Deribit, with whales making significant bearish bets as SOLs price continues to slide ahead of a major token unlock. Last week, block trades on Deribit totaled $32.39 millionnearly 25% of the $130.74 million options activitymarking the second-highest block trade ratio on record, according to Amberdata.

Traders said the current bearish sentiment could be overblown and macroeconomic decisions were key to support market growth.

While Bitcoin.

NYSE Arca has filed a proposal with the SEC to list and trade shares of the Grayscale Cardano Trust on the stock exchange.

ADA, the native token of the Cardano blockchain, has experienced a significant price drop in the past 24 hours, reaching a crucial support level. As of today, February 25, 2025, ADA has dropped 13% and is currently trading near $0.67, while its trading volume has surged by 110%.

In a Friday meeting with the SEC's crypto task force, industry leaders asked the regulator to fast-track all sorts of assets for ETF approval.

Solana (SOL) has been garnering significant attention within the cryptocurrency ecosystem due to its impressive scalability and decentralized platform, often dubbed as the “Ethereum Killer.” As of today, Solana is trading at around $152.46, significantly lower than its all-time high of $294.33, which was reached in January 2025.

Solana prices have declined recently, falling to their lowest point of 2025 on Monday, February 24 as numerous bearish variables fueled losses.

While Solana price spirals downward, whales are moving sizable amounts of SOL, sparking fears of a selloff. On the flip side, analysts say the move could be a trigger for an accumulation spree amid prolonged bearish sentiments.

The U.S. Securities and Exchange Commission (SEC) has acknowledged Grayscale's filing for a spot Cardano (ADA) exchange-traded fund (ETF). This step marks the beginning of the SEC's review process, which will determine whether the proposed ETF can be listed and traded on the New York Stock Exchange (NYSE) Arca.

The SEC's decision on Grayscale's Cardano ETF could significantly impact ADA's market perception and regulatory landscape by 2025. The post SEC acknowledges Grayscale Cardano ETF filing, decision by August 2025 appeared first on Crypto Briefing.

Crypto prices are falling, as Bitcoin and Ethereum lead $686 million worth of liquidations and Solana and Dogecoin show double-digit losses.

Despite leading the Bitcoin and Ethereum ETF markets, BlackRock has yet to file for a spot Solana exchange-traded fund.

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In a technical chart shared today, crypto analyst Koroush Khaneghah, Founder of Zero Complexity Trading, underscores Solana's ongoing downtrend, highlighting pivotal support and resistance levels on the SOL/USDT Perpetual (Binance) daily timeframe. According to the chart, Solana has lost several key zones and is currently hovering near the $157 area—what Khaneghah labels as the “last major support level.

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.

The Cardano blockchain is capturing attention as experts project its native token, ADA, which could climb to $7 in 2025, driven by expanding smart contract adoption and institutional interest. While this growth would turn a $500 ADA investment into nearly $5,000, another cryptocurrency is emerging as a faster path to similar returns.

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.

Charles Hoskinson has revealed the “biggest area of growth” for the Cardano network as analysts forecast that ADA price could witness a massive surge towards $10. The bullish projections come despite Cardano price moving sideways in tandem with the broader crypto market.

$32 million in whale "block trades" last week show a preference for bearish put options. As 11 million SOL from the FTX estate are set to be unlocked, CoinDesk's Christine Lee explains why SOL price is forecast to slip on "Chart of the Day.

Bitcoin price is at risk of falling from its current trading range and exploring new lows under $90,000. Can bulls turn the tide?

Time.fun founder Kawz claims other platforms could build on top of the concept of tokenized time — and that a token could tie them all together.

Sun argued that security should not rely on third-party smart contracts but should be embedded directly into the blockchain, making Tron a safer choice for large USDT holders.

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.

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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.

The market is down, FUD has returned, and the always-fickle Fear & Greed Index is perilously close to the ‘afraid' category as $BTC's price remains solidly below the $100K mark. The total crypto market cap is down 1.63% in the past 24 hours.

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.

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Conversely, Avalanche and TON suffered major outflows, losing $506 million and $280 million, respectively, indicating liquidity shifts away from these networks. The post Tron Blockchain Dominates Stablecoin Inflows, Adding $824M in a Week appeared first on Cryptonews.

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.