SOL's pullback has hit the 100-day moving average; will it hold like it did throughout 2024?

Solana continues to demonstrate healthy network growth but organic activity was not enough to shield SOL from downside this past week.

California men Gabriel Hay and Gavin Mayo were charged by the Department of Justice over a series of alleged NFT investment scams.

Sol Strategies is acquiring three Solana validators from Orangefin Ventures, a leader in high-performance blockchain infrastructure solutions. The post Sol Strategies to Acquire 3 More Validators in $6.5m Deal, $400m Solana Staked for 9% APY appeared first on Cryptonews.

Recently there has been a lot of selling pressure on Solana, which has caused it to lose ground near important support levels. A sharp decline in the asset's price performance is evident, and the general mood of the market points to a capital flight as investors search for the next profitable opportunity.

Solana (SOL) was one of the large-cap assets affected by the recent market downturn triggered by the US Federal Reserve's rate cut. The Solana price succumbed to the bearish pressure and fell beneath $200 for the first time in over a month.

Yesterday's recovery was short-lived.

For several weeks, the crypto universe has been immersed in a period of turbulence. Increased volatility and widespread losses have put investors' portfolios under strain and shaken confidence in several assets.

This is the year of memecoins. Popular meme coins like DOGE, BONK, Pepe and FLOKI have managed to garner a lot of attention.

Crypto prices today are showing bearish momentum as Bitcoin (BTC) dropped below the $97K level, marking a sharp decline from its $108K all-time high earlier this week. The BTC price hit a low of $92K, reflecting significant volatility.

Amid a crypto market mayhem over the past week, Solana (SOL) has suffered significant losses to the tune of 17.13%,. according to data from CoinMarketCap.

Real Vision's crypto analyst Jamie Coutts is outlining the major trends that the cryptocurrency industry is likely to witness in 2025. Coutts says on the social media platform X that the decentralized finance (DeFi) sector could go up by between 4x and 5x as a result of the traditional finance (TradFi) sector entering the space.

Stories of early investing that made a few impressive and filled pockets aren't new to the Cryptocurrency crowd. Solana (SOL) is one such example, which at one point returned a staggering amount to those whose average starting investment sat at $0.50.

Under the crypto market's pressure, the Solana price declined to a month low before showing signs of recovery today. More importantly, SOL was among the first cryptos to recover from the dip, showing positive interest in investors.

A momentum indicator recently flipped bullish for XRP, Solana (SOL) and two other altcoins, according to a popular crypto analyst. Ali Martinez tells his 101,300 followers on the social media platform X that the Tom DeMark (TD) Sequential Indicator presented buy signals on the four-hour charts for XRP, SOL, Maker (MKR) and World Network (WLD).

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Beyond ETF hype, Solana (SOL) is under the spotlight following a new report from crypto analytics platform Glassnode. Per the report, Glassnode highlighted the movement of capital across the Solana asset.

The cryptocurrency market is witnessing signs of recovery, with Solana ($SOL) and Ethereum ($ETH) showing promising reversal patterns. Meanwhile, Altura ($ALU) is gaining momentum, preparing for a bullish breakout that could solidify its position as a multibillion-dollar project.

TL;DR Solana has recorded growth of over 2,100% in the past two years, establishing itself as one of the most prominent cryptocurrencies in the market. Since 2022, SOL has outperformed Bitcoin and Ethereum in terms of capital inflows, accumulating more than $55 billion in net liquidity.

A widely followed crypto analyst is suddenly turning bullish on one Ethereum (ETH)-based altcoin after its correction this week. In a new thread on the social media platform X, crypto trader Justin Bennett tells 115,500 followers that CRV, the native token of stablecoin lending platform CurveDAO, could soar more than 600% from its current value.

A solid recovery in Bitcoin price is a hint that bulls have not given up on BTC and altcoins as they continue to buy dips below key support levels.

Binance Futures has announced the launch of new USD-margined perpetual contracts, including Solana's Fartcoin (FARTCOIN), with leverage up to 75x. The contracts were introduced on December 20, 2024, providing traders with expanded options to engage in high-leverage trading on the Binance platform.

Solana surged 200% to $216 in 2024, while USDT's role in DeFi and real-world assets signals further growth ahead. The post BTC went viral in 2024.

The crypto market started off with mixed signals, with Bitcoin leading the altcoins following the launch of the spot BTC ETFs. However, the rest of the year proved to be rather bleak until Q4.

Cardano's price increased in November but its price soon reduced, losing some of its gains. ADA now trades close to the $1 mark. Similarly, Solana's price has been on a downtrend. It has fallen to $216, delaying its rally to $300.

Bitcoin's price correction dragged major altcoins with it with the global crypto market cap decreasing by 9.53%. Major Altcoins Follow BTC Dip Bitcoin‘s price correction extended into Friday, Dec. 20, as the number one crypto continued to shed its recent gains.

Solana price prediction shows two possible paths: a bullish surge toward $400 or a bearish decline. Will Solana overcome its hurdles and reach new heights?

Solana has breached the $200 support level due to the recent collapse in Bitcoin below $100,000. Despite the stellar performance of this Ethereum-killer, the recent drop below a key level hints that a corrective phase may have begun.

In a surprising move, the crypto markets witnessed another dreadful pullback of the year, wiping out over $250 billion from the markets in just a few hours. On the other hand, the spot ETFs also witnessed record-breaking outflows of over $730 million, of which Bitcoin constitutes over $670 million and Ethereum just $60 million.

Solana (SOL), the sixth-largest crypto by market capitalization, continued to show lackluster performance Thursday, extending its month-long downward trajectory within a narrow price channel.

The crypto market recorded volatile trading this week, following a robust rally over the past few months. Bitcoin (BTC) and top altcoins like Solana (SOL), XRP, Dogecoin (DOGE), and others have recorded significant gains this year.

Parcl ($PARCL) has taken a knock, with a price decline of -13.10% in the past seven days. As a real estate trading DEX, PARCL provides traders with the option of major city indices, among them New York, Los Angeles, and Dubai.

Amid the rising popularity of exchange-traded funds and impressive Bitcoin and ETF inflows, investors still await the SEC's take on the spot SOL ETF. Interestingly, some recent findings hint at the positive leads that might be seen in early 2025, which could push the Solana price to new ATH, but how high?

A whale wallet known as sbfonchain.sol accumulated FARTCOIN in the past 24 hours, buying the initial dip. Later, FARTCOIN still corrected down to $0.94.

The Solana (SOL -15.52%) cryptocurrency has been on a wild ride since launching in the spring of 2020. It traded for less than $1 per coin at first, soared to $259 in the crypto boom of 2021, then fell back below $10 in December 2022.

The launch of the spot Bitcoin (BTC -8.50%) exchange-traded funds (ETFs) in January was a landmark event. For good reason, the ETFs are widely seen as one of the primary catalysts behind Bitcoin's triple-digit percentage gains this year.

Bitcoin (BTC) plunged below $100,000 following Federal Reserve Chair Jerome Powell's comments on reducing rate cuts in 2025, rattling investors and leading to a massive selloff across asset classes.

Solana (SOL) has been something of an early marvel of the 2024 cryptocurrency bull market, as it was one of the first tokens to make substantial moves already late last year.

Solana maintains $210 support level while approaching 67 million daily transactions, demonstrating strong network fundamentals despite recent market volatility following the Federal Reserve's policy announcement.

An analyst has pointed out how XRP and Solana are among the altcoins that have just observed a Tom Demark (TD) Sequential buy signal on their 4-hour prices. Four Altcoins Are Seeing A Buy Signal On The TD Sequential In a new post on X, analyst Ali Martinez has talked about the TD Sequential signal that four different altcoins have seen on their 4-hour charts.

Solana's (SOL) price experienced a sharp 8.03% decline in the last 24 hours, marking the first time it has fallen below the $200 level since early November. This downturn aligns with the broader market slump, which triggered widespread liquidations.

Solana faced heightened volatility yesterday, dropping 7% following the Federal Reserve's announcement of a 25 basis point rate cut and fewer projected cuts for 2024. Despite the sell-off, Solana's price action remains resilient as it managed to hold above a critical support level, reinforcing confidence in its ability to weather macroeconomic shifts.

Cryptocurrency prices have taken a significant hit, with Bitcoin, Ethereum, XRP, Dogecoin and Solana all suffering major losses.

Solana continues to outperform expectations. Currently trading at approximately $209, SOL has seen a drop of around 19.89% from its all-time high (ATH) of $264.

The Solana dapp ecosystem reached significant monthly revenue numbers in November, with Pumpfun crossing the $100 million mark. Solana Dapp Revenue Goes Parabolic Solana's decentralized applications (dapps) hit an all-time high of $365 million in November. According to Syndica research, Solana's total dapp revenue of $365 million exceeded Solana's network revenue of $92 million.

A decentralized real estate trading platform built on smart contract platform Solana (SOL) saw its price rise and dip after gaining support from Coinbase.

Crypto asset manager Bitwise has launched a Solana staking exchange-traded product (ETP) in Europe, while it awaits approval in the United States for its Solana exchange-traded fund (ETF) offering.