Jitters over Trump's trade policy have weighed on the crypto market in recent weeks. With the selling pressure, most major and top meme coins have recorded double-digit losses over the past two months. Most cryptos appear to have found their footing as they hold steady above crucial support zones.

TL;DR Solana lost 93% of its revenue since its peak in January due to the drop in trading volume and the collapse of memecoins. The activity of trading bots, which once accounted for 86% of transactions, has drastically decreased, further weakening the ecosystem. Solana's TVL fell from $11 billion to $6.

In recent months, the cryptocurrency market has experienced a period of strong instability, with Solana at the center of a crisis that has shaken the entire altcoin ecosystem. After reaching a high of 296 dollars on January 19, 2025, Solana underwent a significant drop, losing over 40% of its value and returning to pre-November 2024 levels.

Ethena price remains concerningly eyed by crypto market participants against the backdrop of a severe bearish trajectory. ENA erased nearly 4% in the past 24 hours, in sync with a renowned market maker dumping over $10 million worth of tokens.

TRX holders now have the advantage of seamless swaps with SOL, Solana's native token Expansion to Solana represents a significant step towards greater interoperability and network efficiency.

Solana (SOL) is gaining attention in the crypto market after hitting a new all-time high (ATH) in network adoption. The number of addresses holding SOL has surpassed 11 million, signaling increasing interest in the network.

Solana (SOL) is under pressure after failing to sustain its recent rally and is now trading lower, following Bitcoin and Ethereum's recent patterns. Despite briefly surging earlier this week, SOL has dropped over 3% in the past 24 hours.

Germany's BaFin enforces a ban on Ethena GmbH's USDe Token sales, citing approval process flaws and MiCAR noncompliance. The regulator freezes assets and orders website shutdowns while secondary trading remains unaffected. The post BaFin Bans Ethena's USDe Token in Germany Over Approval Process Flaws appeared first on Cryptonews.

The German regulator stepped in to squash offerings of Ethena's USDe stablecoin, citing "serious deficiencies in the approval procedure."

Germany's Federal Financial Supervisory Authority (BaFin) has rejected Ethena Labs' application to issue asset-referenced tokens under the European Union's Markets in Crypto-Assets Regulation (MiCAR). The regulator also raised concerns that the sUSDe may constitute an unlicensed security offering.

The halt was due to BaFin identifying "serious deficiencies in Ethena GmbH 's USDe token authorization" and instructed Ethena GmbH to freeze its asset reserve.

TL;DR BaFin has prohibited the public sales of Ethena GmbH's USDe token, claiming it violates the European Union's MiCAR regulations and markets unregistered securities. The protocol has been ordered to freeze the reserve assets and shut down its website, but secondary sales of USDe will not be affected.

Bitcoin's (BTC) recovery continues to face selling at higher levels, indicating that the bears have not given up. Trading resource Material Indicators said in a post on X that “Spoofy the Whale” has been suppressing Bitcoin's price below $87,500.Although the upside is currently restricted, select analysts believe that the downside is limited.

German financial regulators have rejected Ethena Labs' MiCA application. The regulator has ordered Ethena to halt EU operations, freeze its asset reserves, and prohibit any new services.

The German financial regulatory authority, BaFin, has ordered the suspension of all public sales of the USDe token issued by Ethena GmbH. BaFin's decision stems from concerns that the token violates European Union regulations and potentially constitutes unregistered securities.

The possible violations related to USDe and sUSDe

Solana's price remains in a bear market after falling over 57% from its highest level this year, with further downside likely. Solana (SOL) dropped to $126.5 on March 21, bringing its market cap to $64.

Ethena's ENA token is down by 6.5% in the past 24 hours.

BaFin, the German financial regulatory authority, has prohibited all public sales of Ethena GmbH's USDe — a synthetic dollar — claiming that the token violates the European Union's MiCAR regulations.According to the announcement from the regulator, BaFin has ordered the firm to freeze the reserve assets that back the token, close down the website portal, and has ordered the firm to stop taking new customers. In a translated statement, the regulator wrote: "The BaFin also has reasonable grounds to suspect that Ethena GmbH in Germany sells securities in the form of sUSDe tokens from Ethena OpCo. Ltd.

BaFin, the German financial regulatory authority, has prohibited all public sales of Ethena GmbH's USDe (USDe) — a synthetic dollar — claiming the token violates the European Union's MiCAR regulations and accused the firm of selling unregistered securities in the region.BaFin ordered Ethena to freeze the reserve assets that back the token, close down the website portal, and ordered the firm to stop taking new customers, the regulator wrote in an announcement. BaFin also appointed a representative to monitor the ongoing situation with Ethena.

The Open House Group, a leading real estate company listed on the Tokyo Stock Exchange, has announced that it now accepts XRP, Solana, and Dogecoin for payments.

Check out the latest Solana news of the past few days.

As the cryptocurrency market continues to surge, one project that has garnered increasing attention is Coldware (COLD). With the price of Sui (SUI) showing a notable rise of 7.01% over the past week, many analysts are speculating about its future trajectory.

The crypto market dipped back into bearish territory as prominent cryptocurrencies, including Bitcoin (BTC), registered notable declines. BTC reached a high of $86,444 as markets rallied.

The competition between Solana and Ethereum is heating up, with the total amount that has been bridged to SOL reaching $72M per deBridge data. This value transfer suggests that users are flocking to SOL to tap low gas fees and fast transaction speeds.

Solana has fallen by 3% in the past 24 hours, with its drop to $127 coming after Solana futures ETFs launched in the US yesterday. The post Solana Futures ETFs Are Live – Will Wall Street Start Buying SOL? appeared first on Cryptonews.

According to the decentralized total value locked (TVL) aggregator DefiLlama, the total Real World Tokenization (RWA) market has reached $10.2 billion in assets locked. Among the best-performing platforms are Maker's RWA, BlackRock BUIDL, Ethena USDtb, and Ondo Finance, which have clocked a total TVL of over $4 billion.

The ORCA token of Solana DEX Orca has seen a significant price surge following Upbit exchange's recent listing. Notably, the ORCA price skyrocketed by a staggering 170%, hitting the highest point this year.

Ethereum (CRYPTO: ETH), the second-largest cryptocurrency by market capitalization, has charted a diametrically opposite trajectory when compared to its older sibling, Bitcoin (CRYPTO: BTC), over the past year. Consider this.

The Solana ecosystem is one of the fastest-growing in the crypto world, but with new tokens launching nearly every day, it can be difficult for any single project to shine. A Solana Volume Bot can help emerging tokens stand out by boosting their trading volume, transaction count, and ranking on popular platforms such as Dexscreener.

Cryptocurrencies price are down today, March 21, after President Trump's two-minute pre-recorded speech at the Digital Assets Summit failed to move the market. Bitcoin price has declined by 1.2% to trade at $84,197.

The impact of the FOMC meeting, which kept the rates unchanged, seemed to have waned as the cryptos dropped and reached their initial levels. Besides, Bitcoin holds strong, which seems to be moving with the US stocks.

Rumors of a Tron Exchange-Traded Fund (ETF) are gaining traction after Justin Sun, founder of the Tron Network, hinted at major institutional developments. In a recent social media post, Sun suggested that ETFs could soon include TRX, fueling speculation about its entry into the regulated finance space.

Pump.fun launches PumpSwap DEX with zero migration fees and creator revenue-sharing plans, challenging Raydium's dominance in Solana's meme coin ecosystem amid intensifying competition. The post Pump.fun Launches PumpSwap DEX to Rival Solana's AMMs appeared first on Cryptonews.

After four years of legal pursuit, the Securities and Exchange Commission (SEC) terminated its appeal against Ripple. The decision from the Securities and Exchange Commission (SEC) has affected the crypto market as it demonstrates positive signs after enduring difficult times.

Speculation is growing around a potential Exchange-Traded Fund (ETF) for Tron after its founder, Justin Sun, hinted at major institutional developments for the asset.

Volatility Shares is launching two Solana futures ETFs, the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT).

Tron has been having a great day. Its founder Justin Sun took to X, formerly Twitter, with an update to a tweet he shared days before; “TRX on SOL is now live!

Florida-based Volatility Shares LLC is launching two exchange-traded funds (ETFs) tied to Solana futures. According to a filing with the US Securities and Exchange Commission (SEC), these products will begin trading today—marking the first time traditional finance (TradFi) investors gain specialized ETF access to all of the five largest cryptocurrencies by market capitalization.

The first U.S. Solana Futures ETFs have officially launched, sparking speculation on whether institutional demand could drive SOL price to $500. Here is a Solana price prediction!

Pump.fun launched Pumpswap, its proprietary decentralized exchange (DEX) on the Solana blockchain, on March 20, 2025, to facilitate the trading of tokens created through its platform, according to the platform's X account. Pump.fun Launches Pumpswap DEX Pumpswap operates with a 0.25% transaction fee, allocating 0.20% to liquidity providers and 0.05% to the protocol.

Trezor Suite has made it so solana ( SOL) holders can stake tokens directly from its hardware wallets while maintaining full asset control.

Pump.fun has launched its own decentralized exchange to rival Raydium, saying it hopes to improve the token migration experience.

Solana has struggled to maintain its recovery momentum, with the crypto token's price failing to break past $150 despite multiple attempts. The altcoin's price action reflects a lack of sustained bullishness, making further gains difficult.

Solana's most profitable protocol Pump.fun is gunning for an even greater share of the chain's DeFi economy.

Volatility Shares has launched the first Solana futures-based ETFs in the U.S., offering traditional investors exposure to the sixth-largest cryptocurrency amid growing institutional interest.

Stablecoins surpass Visa, Mastercard in transaction volume, signaling a major shift in global finance.

Prague, Czech Republic, 20th March 2025, Chainwire