The cryptocurrency market is down in the early Monday trading session, with the majority of digital assets losing value.
Solana's price remains in a bear market after falling over 33% from its year-to-date high, with technical indicators pointing to a deeper decline.
The Solana price has dropped by 5% today, with its move down to $183 coming after the market learned that $2.2 billion in SOL will unlock on March 1. The post Solana Price Slips – Could Upcoming Unlocks Send SOL Below $50? appeared first on Cryptonews.
Most of the coins are in the green zone on the first day of the week; however, there are some exceptions to the rule, according to CoinStats.
Los Angeles police an unidentified man for promoting his Solana meme coin Vigilante from atop the famous Hollywood sign.
An internal investigation by Jupiter found no evidence of "sniping" by employees around the launch of collapsed meme coin LIBRA, it said.
Solana continues to gain traction despite facing considerable criticism, largely due to its strong and dedicated community.
Bitcoin (BTC) has started the week in the red, with the price down over 1% and trading considerably below the $97,000 level at $96,400. The flagship currency dipped to a low of $96,144 before recovering to its current level.
The Solana-based Layer-2 network Sonic SVM is looking to ignite growth in its ecosystem via an online hackathon that will see it give away $1 million in prizes to the most innovative application builders in a range of key verticals.
With the meme coins putting a negative impact on Solana, SOL price dropped to a crucial support under $200. As the supply pressure is growing and a new wave of SOL token unlock is on the horizon, is Solana crashing back to $135?
Solana price seems to have formed a local top following the recent spike in app revenues. At press time, SOL trades at $183, marking its lowest level in two weeks.
Ethereum price is preparing for a strong upside finally amid the recent mess created in the Solana ecosystem amid the meme coin collapses. Amid the broader market consolidation, ETH has started gaining momentum and is up 1.8% trading at $2,761 with a market cap of $330 billion.
A man was taken into police custody Saturday after climbing the Hollywood sign to promote his Solana meme coin.
The Solana ecosystem grew its demand for USDC, as the Meteora DEX formed several highly liquid pairs. In the past week, Solana saw an outflow of $772M from both USDT and USDC, potentially signaling value extraction.
Freya by Virtuals will migrate from Base to Solana with 1:1 token swap over the period of 10 days Freya by Virtuals (FREYA), an in-game agent utility token in the game STARFALL CHRONICLES, is migrating from Base (BASE) to Solana
Beleaguered crypto exchange FTX is preparing to unlock 11.2 million Solana (SOL) tokens, valued at approximately $2.06 billion, on March 1. The unlock will follow a creditor repayment process that is set to begin on Tuesday, with an initial distribution of $1.2 billion to smaller claim holders.
Solana is under mounting selling pressure, sliding its price further into a correction phase. After struggling to maintain upward momentum, SOL has been steadily retreating, now approaching the crucial $164 support level.
Will Solana's strong fundamentals outweigh its past controversies?
Crypto markets fell with XRP and SOL leading declines among major cryptocurrencies.
Story Highlights Solana Price Today is . Solana price could reach a potential high of $400 in 2025. With a potential surge, the SOL price could hit $1,351 by 2030. Solana is coming true to its community-claimed title, “Ethereum-Killer” as it gradually surpasses Ethereum in the decentralized market.
The cryptocurrency market took a hit as hotter-than-expected economic data reignited inflation fears, triggering broader concerns. Over the past 24 hours, the global crypto market cap declined by 2.9% to $3.28 trillion, with Bitcoin (BTC) struggling to hold above $97,000.
A major event is set to shake up the Solana (SOL) market on March 1, as 11.2 million SOL—worth approximately $2.06 billion—will be unlocked from the FTX bankruptcy auction.
It's all about how SOL reacts to this critical level in the near term.
Pantera Capital's report and market data indicate Solana leads the race for altcoin ETF approval with 84% probability, supported by strong developer growth and trading volumes, while multiple investment firms prepare applications despite recent price fluctuations.
The impact of the unlocking of 11.2 million SOL
BNB Chain surpassed Solana in daily transaction fees on Feb. 13, 2025, with over $5.8 million in fees, outpacing Solana's $3.3 million.
XRP, Solana, and Dogecoin are forming key technical patterns that could dictate their next moves. While XRP and DOGE show bullish potential, Solana faces bearish risks.
What makes Solana's ETF chances stronger than Cardano, Dogecoin, and even XRP in 2025?
Solana is facing a tough battle below $200, down almost 17% from the monthly highs above $220. After multiple failed attempts to break key resistance levels despite the previous bullish momentum, the SOL price is now feared to plunge below the multi-month support level, raising concerns over the upcoming price action.
The cryptocurrency market has recorded a bearish pullback this weekend. This resulted in top tokens breaking down their important support trend levels. Following this, the SOL price has recorded a strong downtrend and is on the verge of retesting its crucial support.
The crypto market today is witnessing a notable fall, with the market capitalization slipping by 1.32% to $3.19 trillion. Amidst this drop in numbers, the 24-hour volume remains at $61.3 billion, down 2.83%. The reddish numbers have influenced the Fear & Greed Index going down to “38” indicating “Fear” in the market.
Will tech giants like Apple and Meta hijack crypto? Hoskinson believes it's only a matter of time.
Decentralized exchanges (DEXs) on Solana recorded approximately $20.2 billion in the week that ended February 16. The numbers extend a streak of declining weekly trading volume for the fifth straight week, based on DeFiLlama data.
DonAlt, a prominent pseudonymous cryptocurrency pundit with more than 650,000 followers, believes that Solana has gone from "beloved" to "hated" quickly after its reputation has been tarnished.
Solana (SOL) is currently navigating a crucial phase, where its price is maintaining a steady position within a parallel channel. This consistent movement has raised discussions about a potential rebound that could push SOL toward the $225 to $260 range.
190 dollars yesterday, 340 tomorrow? Solana sows doubt and excitement.
Solana has extended its price decline below $200, but technical analysis shows that it continues to trade within a bullish setup. At the time of writing, Solana finds itself trading close to a support level that could determine its next major move.
Solana (SOL) price has been struggling below $200, currently down nearly 13% over the past 30 days. Despite strong momentum in previous months, recent indicators suggest a weakening trend, with bearish signals dominating the charts.
While most investors consider competition to be something that's relevant for companies, it's relevant for cryptocurrencies, too, even leaders like Solana (SOL -1.11%) and the second-largest cryptocurrency, Ethereum (CRYPTO: ETH). In fact, the rivalry between these two chains is heating up -- and there's a clear winner so far.
Solana is trading within a parallel channel, signaling potential for a rebound, provided it maintains key support at $190.
The Binance Coin price has done well in the past few days as investors cheered its ecosystem growth. The BNB coin price jumped to a high of $657 on Sunday, and is a few points below its all-time high of $800.
Solana (SOL) has quickly gained traction as a leading cryptocurrency, often dubbed the “Ethereum-Killer” due to its faster and more cost-efficient transactions. As of now, Solana is priced at around $194.25, significantly below its all-time high of $294.33.
Solana may just have the upper hand on a few key fronts.
Solana (SOL) is showing some intriguing chart patterns that suggest it could be poised for a significant breakout similar to Ethereum's (ETH) price surge in 2024. Following Ethereum's breakout from $2,500 to $3,700 earlier this year, Solana appears to be on a parallel path, possibly setting the stage for its own price surge.
Solana has recently registered some minor gains rising by 5.05% in the past seven days. However, this fair positive form follows a period of significant market decline seen in the majority of the last 30 days.
Solana's blockchain dominance continues in 2025 with the launch of ARKA, a prediction market platform. With these developments, experts predict the potential for SOL price to surge to $750.
Solana is one of the most controversial and embattled chains in crypto, but one of the reasons it continues to thrive despite all the obstacles is its cult-like community. Mert Mumtaz, the Helius Lab CEO is a hardcore member of that community with the battle scars to show for it.
Investors and crypto enthusiasts are always on the lookout for the next big opportunity, and while names like Solana (SOL), XRP, and Dogecoin (DOGE) are well-known, RCO Finance (RCOF) is emerging as a strong contender. Many believe RCOF could be the best altcoin to buy in 2025, thanks to its unique features and growth potential.