Solana's price has faced significant volatility over the past week due to recent market troubles. This has led to a sharp decline in its futures market sentiment as leveraged traders appear reluctant to take bullish positions.
Learn about Solana, a high-performance blockchain platform. Discover how it works, its unique features, benefits, and key things to know about this popular crypto asset.
Not long ago, he was grading papers and managing a classroom, until Solana (SOL) and Cardano (ADA) changed his life. After investing early, he watched Solana skyrocket to $295 and Cardano surge to $3.10, securing enough profits to quit his job for good.
Render (RENDER), one of the top-tier crypto AI projects, is poised for a price decline due to the formation of bearish price action on the four-hour time frame. Bearish Market Sentiment As of today, March 9, 2025, the overall cryptocurrency market sentiment appears bearish.
Solana is forming a broadening wedge on the charts, with the same hinting at an uptick in volatility.
There has been a sharp market sentiment difference between retail and institutions on Solana.
Solana has faced intense selling pressure and price swings, with the asset losing over 57% of its value since January 13. Bulls have struggled to regain momentum, and market sentiment suggests that the crypto market is not in a healthy condition for a strong recovery.
Sellers continue their pressure after a few days of market bounce back, according to CoinStats.
Solana price has crashed to a crucial support level and is at risk of further declines after forming a death cross pattern.
Solana (SOL) has shed over $40 billion in cryptocurrency in the last seven days. Amid this bearish pressure on SOL, traders are taking precautions to reduce liquidation risk on their bets.
Solana price could be poised for a parabolic rally amid a rise in staking activities by institutions. Recently, Galaxy Digital staked $40M worth of SOL tokens, which could ease the sell-side pressure that is currently weighing on Solana.
Solana's (SOL -3.22%) current price near $178 is down 21% over the last three months, making it significantly cheaper than before. This looks like a lucrative opportunity for investors who are willing to take a risk and buy the dip.
Four top asset managers including VanEck and 21Shares have filed for a spot Solana exchange-traded fund (ETF), whose approval could bode well for Solana tokens. Solana ecosystem tokens have been under bearish pressure due to the weak sentiment in the broader crypto market.
The volatility of cryptocurrencies spares no one, and Solana (SOL) is no exception. After reaching a low of $125 on February 28, the native token of the Solana blockchain saw a rebound of 17%, hinting at a possible return towards $180.
Peter Schiff, a well-known critic of Bitcoin and advocate for gold, appears to be making sarcastic remarks about Bitcoin and the broader crypto market in his recent statements.
Cryptocurrency analyst and trader Ali Martinez is leaning bearish on a Solana (SOL) competitor. Martinez tells his 130,100 followers on the social media platform X that Sui (SUI) faces the risk of a “sharp correction” amid the formation of a bearish pattern.
The cryptocurrencies price has faced a downturn over the past week, with most crypto markets struggling to hold key support levels. The decline comes amid a broader financial market sell-off influenced by economic concerns.
Expectations of bigger plans for the largest cryptocurrencies fell short on Friday as the first-ever presidential crypto summit ended with promises of stablecoin legislation and lower regulatory resistance.
With SOL hovering near key support levels and technical indicators flashing mixed signals, traders are wondering will it bounce back or slide further?
Here's why Solana insiders are divided on the inflation proposal as voting D-day nears.
The layer-1 blockchain Sui (SUI) is defying the broader crypto market downturn after inking a new deal with a decentralized finance (DeFi) protocol linked to US President Donald Trump. The Solana (SOL) rival is witnessing price gains amid a new collaboration with World Liberty Financial (WLFI).
As speculation surrounding President Donald Trump's recent statement about creating a U.S. cryptocurrency strategic reserve has reached a fever pitch, White House AI and Crypto Czar David Sacks spoke out.
The highly anticipated $100,000 price target appears to be getting farther away as Bitcoin has been finding it difficult to sustain its bullish momentum. With a discernible drop in trading volume indicating that the market's activity is dropping, the asset is currently having difficulty recovering the $90,000 mark.
Solana price has been in a slump, but the factors keeping SOL down are endemic to the entire crypto market. Will a rising tide lift all boats?
The frequency at which Solana issues new tokens could change, and builders are at odds over how the shift could impact the ecosystem.
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White House Crypto and AI Czar David Sachs has shed light on why President Donald Trump included Ripple-promoted XRP, Solana (SOL), and Cardano (ADA) in his remarks about a U.S. crypto strategic reserve on March 2.
Plans for a strategic reserve including Bitcoin (CRYPTO: BTC) and possibly other cryptocurrencies have been one of the hottest topics in the cryptocurrency sector. Benzinga polled readers to ask which cryptocurrencies the White House administration should be most focused on for the strategic reserve.
Solana (SOL) co-founder Anatoly Yakovenko opposes the idea of the US establishing a crypto strategic reserve.
Solana (SOL) has been struggling below $150 since March 3, with its technical indicators still pointing to a bearish trend. The number of Solana whales has declined in recent days, suggesting some large holders may be reducing exposure.
After Musk's Grok AI suggested a meme coin name, degens pumped GrokCoin to a nearly $35 million market cap—but it didn't last for long.
Cardano (CRYPTO: ADA), XRP (CRYPTO: XRP) and Solana (CRYPTO: SOL) declined on Friday after a top White House aide suggested President Donald Trump's mention of a broad crypto reserve might have been misunderstood. Cryptocurrency Price 24-Hour Trend Cardano (CRYPTO: ADA) $0.845 -3.7% Solana (CRYPTO: SOL) $145.11 +1.1% XRP (CRYPTO: XRP) $2.47 -4.
Lily Liu warns SIMD-228 could undermine SOL's growth, but Anatoly Yakovenko supports the plan, highlighting the need for debate.
Despite a sharp decline in Solana memecoin trading, a Pump.fun trader has secured $40M in profit.
TL;DR A White House official clarified that the cryptocurrencies mentioned by Trump were just examples, but the data suggests otherwise. After the clarification, XRP fell by 6.5%, SOL dropped by 1.65%, and ADA lost 7.7%, while trading volume increased.
Bitcoin is trying to form a higher low at $85,000, but the recovery attempt faces stiff resistance at $90,000, signaling a tough battle between the bulls and the bears.
Sacks also said it's possible the federal government could explore lending or staking on the cryptocurrencies it does own.
Trump's focus on top cryptos like XRP, SOL, and ADA may signal increased regulatory scrutiny and influence on digital asset markets. The post David Sacks says XRP, SOL and ADA are in Trump's spotlight due to market cap dominance appeared first on Crypto Briefing.
The official said Trump was "just giving five examples" of cryptocurrencies that could theoretically be in a crypto stockpile.
The deliberations around the formation of a strategic crypto reserve in the United States has drawn interests to assets like Solana and XRP. While these interests remain, the tokens could see huge gains once retail investors begin to show interest.
Validators of Solana will vote on the SIMD-228 proposal, which proposes to move to a new SOL token inflation model.
A senior White House official said Friday that the U.S. government won't sell Bitcoin it collects, but it could sell altcoins.
The SUI Network token, native to the “Ethereum killer” Sui blockchain, experienced a notable price surge on Thursday following the announcement of a “strategic reserve deal” between the Trump-affiliated decentralized finance (DeFi) protocol, World Liberty Financial (WLFI), and the layer-1 blockchain.
Solana has declined by 5% in the past 24 hours, with its fall to $143 coming after its co-founder Anatoly Yakovenko publicly opposed the idea of a US strategic crypto reserve. The post Solana Co-Founder Questions Trump's Crypto Stockpile – Will SOL Be Left Out? appeared first on Cryptonews.
Analyst and trader Ali Martinez is leaning bearish on a leading memecoin while offering his outlook on three other crypto assets.
Yesterday, U.S. President Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve alongside a U.S. Digital Asset Stockpile. This move separates Bitcoin ($BTC) from other cryptocurrencies, positioning it in a distinct category while other digital assets will form the broader national stockpile.
It's been announced that President Trump has signed an executive order which establishes a Strategic Crypto Stockpile. $ETH, $XRP, $SOL, and $ADA have been mentioned as the four cryptocurrencies that it will consist of.
Solana price edged lower on Friday amid a pullback across the broader crypto market. At press time SOL trades at $143 after a 5% decline in 24 hours.