Amid the ongoing market uncertainty, Solana (SOL) appears to be losing bullish support and weakening as the market downturn continues. Whale Transfers $45.7 Million Worth of SOL to Binance On January 10, 2024, the blockchain-based transaction tracker Whale Alert posted on X (formerly Twitter) that a crypto whale transferred a significant 246,064 SOL, worth $45.
Sol Strategies (ticker HODL) is raising CAD $27.5 million to buy more SOL tokens and invest further in Solana staking infrastructure.
Decentralized exchange Raydium will offer future trading to Solana users, with the feature currently available in beta
Raydium launches perpetual futures trading beta with gas-free trading and low fees. Solana DEXs target $650B on-chain derivatives market.
The price of Solana ($SOL) has been dropping sharply in the past 3 days and accumulates a 12% retreat in the past 7 days. A critical date approaches for this layer-one network as applications for multiple Solana spot exchange-traded funds (ETFs) with the United States Securities and Exchange Commission (SEC) are nearing their deadlines.
Is Solana's $SOL on the verge of a major rally and will it overtake Ethereum's $ETH as the token powering Web3's hottest high-functionality smart contract blockchain? With its current market cap of $92.5 billion, Solana needs to 5x to comfortably beat Ethereum, which currently capitalizes $398 billion of the $3.43 trillion crypto market.
Sol Strategies CEO Leah Wald tells Blockworks she predicts delays in US approval for a Solana ETF while expecting Canada to lead the way. The post Solana ETF approval unlikely in US soon says Sol Strategies CEO appeared first on Crypto Briefing.
The crypto SOL could see a significant increase in 2025, driven by the anticipation of spot ETFs in the United States and the growing interest of retail investors, according to analysts. Despite a recent correction below $200, Solana's fundamentals remain strong.
Solana (SOL) price, one of 2024's top-performing cryptocurrencies, has surged over 100%, showcasing bullish momentum on long-term charts. With rising retail investor interest and speculation surrounding a potential U.S.-based Solana exchange-traded fund (ETF), the cryptocurrency is positioned for further growth in 2025.
Cardano stands to solidify its position as a leader in decentralization, challenging the likes of Solana with the nearing Plomin hard fork, transitioning into a fully community-led protocol. The post Cardano ‘Plomin' Hard Fork Nears – Could Cardano Overtake Solana? appeared first on Cryptonews.
TL;DR Bio Protocol expands to the Solana blockchain through a collaboration with Wormhole, despite a 64% drop in the price of its token, BIO. The price of BIO has dropped to $0.53, with a loss of over 10% in the last 24 hours, while trading volume has decreased by 15.4%.
With Solana's upgrades looming, is Ethereum prepared to defend its altcoin crown in the coming year?
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Solana price continues to see elevated selling pressure as the sentiment in the crypto industry worsens. Crucial SOL bullish predictions have slipped as the coin has formed several risky chart patterns.
A widely followed cryptocurrency trader is leaning bullish on a large-cap Ethereum (ETH) challenger, believing that the altcoin is still in an uptrend. The trader pseudonymously known as Altcoin Sherpa tells his 238,400 followers on the social media platform X that Solana (SOL) is primed to go “much higher” over the coming weeks and months.
Market analysts predict that Solana (SOL) will outperform Bitcoin (BTC) and Ethereum (ETH) in 2025, amid strong retail adoption and Solana ETF approval.
Fidelity Digital Assets says Ethereum's strong fundamentals give it an edge over Solana from a long-term perspective.
Solana (SOL) is poised for potential growth in 2025, driven by increasing retail investor interest and the anticipated approval of a U.S.-based spot Solana exchange-traded fund (ETF).
The broader cryptocurrency market is facing liquidation amid a decline in the prices of digital assets. CoinGlass data shows that liquidation across different exchanges amounted to $483.61 million in the last 24 hours.
Solana could outperform Bitcoin and Ether in 2025, thanks to a potential US-based spot SOL ETF and retail profit expectations.
Bitcoin (BTC) continued to drop for a second day as it slipped below $95,000 on Wednesday, falling to a low of $92,911 before recovering and moving to its current level of $94,442. The flagship currency is down almost 3% over the past 24 hours, as the crypto market lost $320 billion.
Investing $100 and making $1,000,000 in a few years sounds like a dream, right? Smart traders can no longer dismiss this vision as Rexas Finance (RXS) soars.
The crypto markets are experiencing notable upward pressure as the bulls fail to defend the immediate support levels. As a result, the Solana price, which had risen above $200, dropped below the levels and is not able to reclaim the lost levels.
Solana is currently trading at $197, marking a 13% decline from the local high it achieved earlier this week. The broader cryptocurrency market is experiencing heightened indecision, with some fear creeping in as Bitcoin struggles to reclaim the pivotal $100,000 level.
As noted by Lookonchain, a Solana trader has turned heads with profits of almost $20 million each from $ai16z and $Fartcoin, and with an 89.07% win rate over the past 30 days. As shown by on-chain data, these profits have been made through a strategy of buying very early into low market cap cryptocurrencies.
The upgrade from Jump Crypto could drastically boost transaction throughput, helping Solana support legacy financial markets.
The cryptocurrency market has witnessed a significant bearish pullback in the past 24 hours, with many tokens facing downward pressure. Among the most notable tokens to experience this dip is Solana (SOL), which recently fell below the $200 level, a crucial psychological price point.
Pump.science and Hedgehog Markets have teamed up to foster decentralized science-focused betting contracts as the DeSci sector gained traction.
Solana saw a recovery of NFT activity, expecting the trend to continue into 2025. The new trending collections aim to tap the branding of AI agents.
Solana co-founder Anatoly Yakovenko has broken silence on the early milestone the protocol achieved regarding open sourcing its codes to developers. This update comes at a time when the Hyperliquid is facing criticism from the community regarding how accessible its codes are.
A credit facility worth $25 million CAD has been obtained by Sol Strategies to purchase Solana tokens. Sol Strategies Goes Big on Solana Sol Strategies Inc.
Bitcoin's sell-off shows no signs of forming a bottom, which is destroying traders' appetite for altcoins.
A recent surge of activity has put a whale in the Solana ecosystem in the spotlight, sparking speculation about the future of meme coins on the blockchain. In the past few hours, an account identified as "DWhUa" has reportedly made a huge purchase, acquiring $18.57 million worth of four well-established meme tokens, reports Spot On Chain.
The Solana memecoins market is gradually losing its luster as investors focus on utility-driven assets. While the decline of memecoins may seem natural, the recent surge in interest within the AI altcoins sector has accelerated this shift, drawing capital away from various corners of the cryptosphere.
With cryptocurrencies being in a freefall, even the best performers are not being spared. Solana meme ai16z price has joined other tokens in having double-digit losses this week.
Solana (CRYPTO: SOL) has dropped below the $200 mark, down 6% on the day as the wider cryptocurrency market continues its slide. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Solana (CRYPTO: SOL) $196.99 $95.3 billion -6.2% +3.9% Bitcoin (CRYPTO: BTC) $95,256.56 $1.88 trillion -5.3% +1.8% Ethereum (CRYPTO: ETH) $3,353.91 $404.2 billion -7.7% +0.8% Trader Notes: Prominent venture capitalist Andrew Kang stated in a post on X on Wednesday that Solana has retraced most of its gains following the post-Trump election rally, creating what he considers a buying opportunity.
Fidelity Digital Assets, a subsidiary of global financial services firm Fidelity Investments, has released a new paper titled “2025 Look Ahead: Is it ‘too late' to enter digital assets?” The publication dedicates significant attention to the ongoing competition between Ethereum and Solana.
Solana (SOL) has been making waves in the cryptocurrency world, drawing attention for its rapid resurgence after a month-long downtrend. With its price climbing back into double digits, Solana has shown signs of life and is poised for a potential breakout.
As 2025 approaches, the crypto market looks set to flip the recent downturn into a notable rally. Several altcoins stand out for their potential ability to break out and possibly outperform top coins like Solana. Here, we look at four coins of such coins.
With the market currently in some turmoil, the best buys are probably there to be made. What are the best buying levels for Ethereum (ETH), Solana (SOL), and Sui (SUI) for the rest of this bull market in 2025?
Solana price has dropped 10% after a market-wide cryptocurrency crash, falling below the critical $200 support level. This decline triggered significant liquidations across the Solana ecosystem.
Solana tumbles 8% to $197, yet trading volume spikes 94% and network activity remains strong.
Support for the meme coin segment is now stronger than before with a mysterious crypto whale wallet proceeding to purchase the likes of WIF, POPCAT, and other meme coins in large numbers. Solana meme coins are gaining traction across the crypto sphere even though the price change in the last 24 hours remained bearish.
Solana's recent price action has shown signs of weakness, with the altcoin slipping below $200 amid bearish broader market cues.
Toronto-based Sol Strategies has secured a CAD $25 million credit facility to expand its Solana blockchain operations through token purchases, staking, and strategic acquisitions, building on its existing position as a major validator with 1.5 million SOL tokens under management.
A crypto VC partner believes that SOL is relatively cheap ahead of potential ETF approval.
Sol Strategies, a Canadian holding company, said it has secured CAD $25 million ( approximately $17 million) to invest in the Solana blockchain.