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.
Solana's price has retreated below $200, establishing new support and resistance levels while technical indicators suggest bears maintain short-term control of the market momentum.
Solana has shown a strong bullish momentum lately. In the last three months, it has outperformed certain top cryptos like BNB, as it has climbed by over 41.7%. In the last seven days alone, it has grown by at least 4.38%.
Sol Strategies is betting big on Solana amid growing demand to back one of the fastest growing protocols in Web3.
Bitcoin (BTC) plummeted below $100,000 as the crypto markets witnessed a significant drop on Tuesday, driven by stronger-than-anticipated economic indicators that could delay Federal Reserve rate cuts. BTC was trading above $100,000 since January 6, when it reached an intraday high of $102,464.
Sonic, the pioneering chain extension on Solana, has officially revealed the dates for its Token Generation Event (TGE) and mainnet launch. The much-anticipated $SONIC token will go live alongside listings on major exchanges and decentralized platforms, marking a significant milestone in the project's development.
The cryptocurrency market has experienced a strong bearish pullback in the past 24 hours. This has resulted in top tokens breaking down their important support levels. Moreover, the SOL price has recorded a similar price action by dropping below its $200 watch level.
Pump.fun moves another $20.49 million worth of SOL tokens to the crypto exchange Kraken.
Solana new blockchain phone, Seeker Mobile will be in shops in mid-2025. This phone extends on the success of its forerunner Saga to provide enhanced Web3 capabilities such as the Seed Vault Wallet developed with Solflare to secure crypto and upgrade the dApp Store.
Solana failed to clear the $225 resistance and trimmed gains. SOL price is now below $200 and showing a few bearish signs.
Sol Strategies secures a CAD 25M credit facility to invest in Solana, focusing on staking operations and acquisitions.
Toronto-based Sol Strategies Inc. has announced a CAD $25 million investment in the Solana ecosystem to bolster its position as a leading player in blockchain staking operations and acquisitions. Sol Strategies Strategic Investment In Solana Sol Strategies, a Canadian publicly traded company, has promised CAD $25 million to the Solana ecosystem through an unsecured revolving
Solana (SOL) has been on a strong upward trajectory recently, with the cryptocurrency's price rallying more than 12% in the past week. As of today, the price of SOL stands at around $216, following a slight dip after its impressive gains.
The trading volume of Ethereum, the second-largest cryptocurrency by market capitalization, has significantly increased recently. This significant rise is a sign of increased market activity since it implies that traders and investors are participating more actively.
Massive Japanese financial and biotech conglomerate SBI Group has signed an agreement with Solana Superteam Japan, a community promoting the growth of the trending blockchain in the country, to give out an exclusive NFT (non-fungible token) to SBI Web3 Wallet customers. Solana-based NFTs are currently dipping as of 7:00 a.m.
Mad Lads NFTs continued their recent price surge Tuesday after their creator acquired the remains of the collapsed FTX Europe.
Sol Strategies, a Canadian holding company focused on the Solana blockchain, has drawn $4 million from its amended CAD $25 million unsecured revolving credit facility. The funds will be used for large-scale Solana token acquisitions, supporting DeFi protocols, validator operations, and new projects within the Solana ecosystem. The post Sol Strategies Secures CAD $25M Credit Facility for Solana Investments appeared first on Cryptonews.
Solana's strong rally is losing momentum as prices face a pullback, suggesting a potential correction toward the $209.9 support level. After a period of bullish gains, market dynamics and profit-taking impact its upward movement.
The firm, previously known as Cypherpunk Holdings, pivoted midway through 2024 to focus on the Solana ecosystem.
The firm, previously known as Cypherpunk Holdings, pivoted midway through 2024 to focus on the Solana ecosystem.
Nexo's latest Dispatch report discussed Bitcoin crossing $100,000, Ethereum gaining traction, and Solana facing potential headwinds as 2025 begins with surging market activity. Bitcoin broke through the $100,000 mark this week, a milestone highlighted in Nexo's latest “Dispatch” report.
Sol Strategies, a Canadian holding company investing in Solana and its ecosystem, has announced it secured CAD $25 million in credit to buy more SOL tokens. On Jan. 7, Sol Strategies, formerly Cypherpunk Holdings Inc.
GoMining, a blockchain-based platform that allows users to participate in the Bitcoin mining ecosystem via tokenized hashrate ownership, has announced its expansion to Solana.
Solana (SOL) is currently at a pivotal moment, where breaking key resistance levels could potentially set the stage for a major upward move. While Bitcoin remains below $100K, Solana is showing signs of strength, and investors are wondering whether this momentum could carry the price up by as much as 15% this month.
Crypto prices are plummeting early Tuesday amid rough economic data, with Bitcoin falling under $98,000 after topping $100K on Monday.
Rexas Finance shows potential for explosive gains in 2025, echoing SHIB and SOL's transformative 2021 surges. #partnercontent
The price of Solana has climbed to $215 today, yet exchange inflows suggest that it could decline again very soon. The post Solana Exchange Inflows Spike to $227M – Could This Trigger a Price Crash? appeared first on Cryptonews.
Solana developers have unveiled a new hashing system designed to tackle scalability issues arising from increased network usage. The post Solana Developers Propose New Hashing System to Address Scalability Challenges appeared first on Cryptonews.
The Solana network recorded nearly $3.8 billion in 24-hour trading volume across its decentralized exchanges (DEXs) on Jan. 6, according to data from DefiLlama.
TL;DR Solana has proposed SIMD-215, a new lattice-based homomorphic hashing system to optimize account verification. The proposal aims to address the “state growth” issue by enabling incremental updates instead of recalculating the entire account state. This system will replace Merkle-based hashes, improving the network's scalability and efficiency.
Stock in Sol Strategies (HODL.CN) fell by 5.6% in trading yesterday, yet its current price of $2.999 still represents a nearly 2,500% return in six months. The post Blockchain Stock Sol Strategies (HODL.CN) Rises 2500% In 6 Months appeared first on Cryptonews.
TL;DR InfiniSVM, a hardware-accelerated blockchain solution based on the Solana Virtual Machine, promises a transaction confirmation time of just 1 millisecond. Solayer, with nearly $400 million in total value locked, is developing its own blockchain to enhance Solana's scalability and meet the demands of high-performance applications.
Solana price faces challenges sustaining bullish momentum despite the network outperforming Ethereum in several DeFi metrics. A rare price pattern suggests a potential 100% rally for SOL as the cryptocurrency beats Ethereum and Base in performance.