The White House's “Crypto Czar” David Sacks says he sold all of his crypto, including Bitcoin (BTC), Ethereum (ETH) and Solana (SOL), before the start of Donald Trump's presidency. Sacks says he also owned a $74,000 position in a Bitwise exchange-traded fund, which he sold on January 22nd, two days after Trump's inauguration.

The market reacted with a classic "buy the rumor, sell the news" move after Trump's crypto reserve announcement.

March appears promising for Bitcoin and the broader cryptocurrency market, as a handful of bullish events and historic market patterns are expected to occur in the coming weeks.

Real Vision Founder and CEO Raoul Pal on Tuesday forecasted that the current cryptocurrency bull market cycle, initially expected to peak in 2025, may extend into 2026 due to a prolonged business cycle. What Happened: Pal addressed the chaotic market conditions, providing reassurance to crypto investors navigating sharp volatility and outlining why he believes the cycle's expansion aligns with broader economic indicators.

FTX and Alameda unstaked 3.03M SOL worth $431M, distributing them to 37 wallets. This is their largest unstaking since November 2023, part of an 11.2M SOL unlock plan.

SafeMoon spiked nearly 57% today as the project's token migration to Solana is nearing completion. The developers have been burning huge quantities of SFM tokens and announced a gradual airdrop.

​Hamster Network is processing 34,028 transactions per second, positioning itself among the fastest blockchain platforms.

Following the announcement of a strategic crypto stockpile containing altcoins, several cabinet members of the Trump administration have drawn scrutiny for their crypto holdings. What Happened: In an X post on Tuesday, market commentator ‘The Pelosi Tracker' noted that Trump's proposed crypto strategic reserve has sparked debate, as several of his cabinet members hold substantial crypto assets.

The price of Solana has dived by 14% in the past 24 hours, falling to $136 after Trump's crypto czar David Sacks confirmed that he has dumped all of his SOL. The post Trump's Crypto Czar Dumps All Bitcoin & Solana Holdings – Should You Be Worried? appeared first on Cryptonews.

FTX and Alameda Research have unstaked and distributed over 3 million Solana (SOL) tokens, their largest SOL unlock since November 2023. This move has sparked concerns about potential market implications as the defunct firms continue to liquidate their assets. The post FTX and Alameda Wallets Unstake 3 Million Solana Tokens: What's Going On? appeared first on Cryptonews.

Sacks' divestment highlights potential conflicts of interest and raises questions about transparency in government crypto initiatives. The post Trump's crypto czar David Sacks confirms divesting from Solana backer Multicoin appeared first on Crypto Briefing.

The cryptocurrency market was briefly invigorated over the weekend following President Donald Trump's announcement regarding the creation of a “crypto strategic reserve,” which would include tokens such as XRP, Solana (SOL), Cardano (ADA), Ethereum (ETH), and Bitcoin (BTC).

The crypto world is on edge as wallets linked to bankrupt exchange FTX and its trading firm Alameda Research just unstaked over 3 million Solana (SOL). This is the biggest SOL unlock since they started selling off assets in November 2023. With SOL already dropping 20% in the last 24 hours, panic is spreading.

The cryptocurrency market experienced a significant rally over the weekend, sparked by President Donald Trump's announcement regarding the inclusion of three additional digital assets—Solana (SOL), XRP, and Cardano (ADA)—in a future national “Crypto Strategic Reserve.” This news provided a much-needed respite for the market, which had been grappling with a downturn due to a series of challenges, including a memecoin debacle, a major hack, and ongoing tariff uncertainties.

The crypto market fell back into the red as its market capitalization dropped nearly 11% to $2.75 trillion, erasing all the gains made on Sunday after President Donald Trump's crypto reserve announcement. Sunday's rally began fading on Monday, with Bitcoin (BTC) and other altcoins sliding back to pre-weekend levels.

Solana (SOL) has been outperforming Ethereum (ETH) in terms of price performance. For instance, while Solana reached an all-time high in January 2025, Ethereum's last peak was in 2021.

The price of Solana declined for the second successive day on Tuesday, mirroring the wider crypto market slump. The decline came despite US President Donald Trump's announcement that Solana would be included in a proposed strategic Federal cryptocurrency reserve.

Surprise addition to the United States Strategic Reserve turned out to be a double-edged sword for Solana's price.

Leading cryptos retreated amid uncertainty around the details of President Trump's crypto reserve plans and upcoming tariffs.

Despite the volatility which still shrouds the cryptocurrency sector, tokens such as Solana (SOL) and Cardano (ADA) continue to attract attention. As we approach March 2025, investors are asking if these particular altcoins will be able to reach or even exceed their peak values.

Solana (SOL) has experienced a significant 16% drop driven by a broader market selloff and FTX's unstaking of $431.3 million worth of SOL tokens.

Over the last 48 hours, the cryptocurrency market has undergone a violent reversal, losing almost $500 billion in market capitalization. Three of the most popular altcoins, Dogecoin, Solana and XRP, have experienced drops of up to 20%, leaving traders perplexed.

Trump seems to have taken a page out of his real estate negotiations in pitching XRP, ADA and SOL as candidates for crypto reserve to win over approval for bitcoin.

SOL, the native token of the Solana blockchain, appears to be attracting considerable attention from crypto enthusiasts following its recent decline. According to Coinmarketcap data, SOL has seen a significant price drop of over 20% in the past 24 hours and is currently trading near $137. Whale Unstaked $10.

Announced on March 4th, 2025, this collaboration marks a significant step forward for both companies in the rapidly evolving crypto landscape. Through this agreement, Neptune will leverage Sol Strategies' advanced blockchain infrastructure to optimize its Solana staking operations.

Solana faces uncertainty in the short term thanks to a variety of factors.

Solana (SOL) made headlines recently when it surged 24.4% in a single day, reclaiming the $180 mark after a strong impulse move. This rally was driven by the declaration of its potential inclusion in the U.S. Strategic Crypto Reserve, an event that injected fresh optimism into the market.

Monday came with a fresh air of hope and optimism for the general crypto market, as President Donald Trump revealed plans for a US crypto strategic reserve.

According to analysts, given the anticipated hefty bullish run across the cryptocurrency market, Solana's value can increase tenfold relative to its current price, achieving an impressive target of $2000 in 2025. The shortened transaction times and low fees boost Solana's popularity among developers and investors.

$3,000 worth of Solana (SOL) in 2025 may not be your ticket to millionaire status. Even if Solana hits $500, a 5x increase, your money will only be equal to about $15,000, with Solana's current price of $144. That's great, but not exactly a life-altering sum of money.

The recent statements by Trump on new tariffs against Canada, Mexico, and China have generated a wave of selling of crypto assets.

Solana's price retreated from $180 to $140 amid FTX's $431 million token unlock, though technical indicators suggest support at $120 may prevent further decline.

Since the beginning of the year, Solana (SOL) has been on a turbulent price ride. At first, it rose to a new ATH but crashed 53% amid a broader market correction and is struggling to recover.

The sharp reversal aligned with a cautious mood among traders after Monday's market rally following the ambitious plan, as a CoinDesk analysis previously noted.

A deeper retracement remains likely, with $155 and $145 emerging as critical support levels to watch.

The cryptocurrency market saw a sharp selloff on Tuesday, wiping out recent gains across major digital assets. Bitcoin (BTC) once again dropped to the $84,000 level, reversing its rally after former US President Donald Trump's announcement regarding a crypto reserve.

Onchain data has revealed that FTX/Alameda has unstaked 3.03 million SOL and transferred to multiple wallets on March 4. The firm also noted that 37 wallets received the $421.3 million unstaked SOL.

Solana started a fresh decline from the $180 zone. SOL price is down over 20% and might struggle to recover above the $150 resistance.

Economic uncertainty and trade tensions may dampen investor confidence, potentially leading to prolonged volatility in crypto markets. The post Crypto market in free fall ahead of Trump tariff deadline—XRP, ADA, SOL post double-digit losses appeared first on Crypto Briefing.

Cryptocurrency prices were on edge on Tuesday, mirroring the performance of American stocks. Bitcoin price plunged to $84,000, a big drop from the weekend high of over $100,000. The total market cap of all cryptocurrencies tracked by CoinMarketCap plunged by over 10% to $2.77 trillion, while liquidations jumped.

Solana (SOL -21.86%) has been giving up ground over the last day of trading. The cryptocurrency's share price was down 19.4% over the previous 24 hours as of 6:45 p.m.

The cryptocurrency market's focus has once again shifted to Bitcoin as it looks to regain its bullish momentum. A significant recovery ensued following a steep correction that saw Bitcoin momentarily fall below $92,000, driven by the U.S. announcement of a strategic crypto reserve.

The cryptocurrency market has experienced significant volatility recently, and Solana (SOL) has been one of the standout performers, making noticeable gains. As of today, SOL has risen by 15.92%, catching the attention of traders and investors alike.

President Trump's plan to create a strategic reserve of altcoins—and not solely Bitcoin—is puzzling analysts at Bernstein.

Solana price is in the spotlight as the wallets linked to the bankrupt FTX Derivatives Exchange have received a massive SOL stash in a significant headwind for the coin. According to an update from Arkham Intelligence, the wallets tied to the FTX and Alameda Research Estate received 3.033 million Solana from an unidentified address.

President Donald Trump's influence is being felt in the crypto markets, with coins falling alongside stocks ahead of tariffs taking effect.

White House AI and crypto czar David Sacks confirmed he owns no crypto assets, having sold off everything before US President Donald Trump took office.