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.
The newly created GrokCoin showed traders still had a taste for memes and AI-generated assets. Several copycat tickers also appeared, one already losing 90% of its value in a rug pull.
A new Solana meme coin is nabbing significant investor attention across the broader market on Friday. GrokCoin, a crypto named by Elon Musk-backed AI Grok, has secured a hotspot on market watchers' radars amid its burgeoning market value.
The Solana community is currently engaged in discussions around the SIMD-228 proposal, a governance initiative that aims to transform the network's tokenomics.
Solana's Toly criticized the move, calling it insufficient and pushing for clearer regulations. The reserve will hold BTC from government forfeiture.
The price of Solana (SOL) has fallen to the bottom of the chart twice before rising again.
Short-dated puts tied to BTC, ETH, and SOL trade at a premium relative to calls, according to Block Scholes.
The Solana community is actively discussing a new governance proposal that seeks to revamp the network's tokenomics by introducing a dynamic. The post Solana Community Debates Proposal to Overhaul SOL Tokenomics with Dynamic Inflation Model appeared first on Cryptonews.
BTC, ETH, and SOL have moved in close correlation, reflecting broader market trends.
The crypto market slid back into the red as it declined over 4%, slipping below the $3 trillion mark and moving to its current $2.87 trillion. Bitcoin (BTC) is down nearly 5% despite Donald Trump's announcement of a strategic reserve consisting of Bitcoin.
Solana has declined below $150 and currently faces resistance at $145-155 while finding support near $132-136.
According to The DeFi Report, over the past month, only 1.26% of Solana's (SOL) wallet addresses have generated 95% of its total fees.
Solana co-founder Anatoly Yakovenko offered a balance evaluation of Donald Trump's Executive Order (EO) on the strategic Bitcoin reserve. In a recent statement, Yakovenko likened the Bitcoin reserve to a “scalpel,” suggesting that the move marks a significant step towards regulatory clarity.
The crypto ecosystem is going through an expansion cycle where competition among blockchains is intensifying, especially in the decentralized exchanges (DEX) market. Indeed, long dominated by Ethereum, this sector is seeing the emergence of a significant competitor: Solana, whose trading volumes briefly surpassed those of Ethereum in February.
Solana co-founder Anatoly Yakovenko has voiced his opposition to the creation of a U.S. crypto reserve, warning that it could compromise decentralization.
President Donald Trump's recent executive order (EO) outlining new guidelines for managing digital assets like Bitcoin (BTC), XRP, Solana (SOL), ADA, and Ethereum (ETH) has raised several questions, especially regarding the inclusion of specific cryptocurrencies in the U.S. government's reserves.
Solana's decentralized exchange (DEX) volumes remain competitive with Ethereum's ecosystem despite a sharp decline in meme coin trading activity.
Financial commentator Peter Schiff has noted that the government will not be buying ETH, XRP, ADA, or SOL contrary to earlier expectations.
The crypto market is buzzing with the anticipation of today's White House crypto summit. However, after President Donald Trump announced changes to the proposed crypto strategic reserve, speculation is rife over whether this summit will crash Ripple, Ethereum, Cardano, and Solana prices.
Solana DEX volumes have been consistently high, and there are a number of reasons behind it.