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news-imageMarch 22, 2025

Is Solana Dying? Memecoins Crisis Threatens the Future of the Blockchain

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.
Publisher: Crypto Economy
Sentiment: Negative
SOL

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Positive
cover-imageNewsBTC
March 25, 2025

Tariff Easing Fuels Altcoin Rally: Solana, DOGE, And ADA Shine While Bitcoin Stalls

Bitcoin (BTC) has experienced a notable surge, gaining 3% in the last 24 hours, climbing from $84,000 to $88,600, following reports that upcoming US tariffs on major trading partners will be less severe than initially anticipated. However, altcoins like Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) have outperformed Bitcoin's surge in the 24-hour time frame, being the top gainers in the ten largest cryptocurrencies list.

Positive
cover-imageCryptoSlate
March 25, 2025

Polymarket integrates Solana to cut costs and boost user experience

Polymarket has added support for Solana (SOL) wallet deposits, a move designed to lower transaction costs and improve user experience as the blockchain-based prediction market continues its meteoric rise. The integration brings one of the industry's fastest, lowest-cost networks to a platform that has already cemented itself as a leading venue for event-based forecasting.

Positive
cover-imageCointelegraph
March 24, 2025

3 reasons why Solana (SOL) price rallied above $140

Solana's native token, SOL (SOL), gained 8.5% on March 24, reclaiming the $142 mark for the first time in two weeks. This rally mirrored the gains seen across the broader cryptocurrency market as traders began to expect reduced risks of an economic downturn.

Positive
cover-imageBloomberg Markets and Finance
March 24, 2025

Solana's Surge Energizes Crypto Markets | Presented by CME Group

Solana, the new kid on the crypto block, capped an astounding 18-month run with its January all-time high — a 1,500% gain since September 2023. Why is the crypto crowd piling into Solana, and what are some of the new trading vehicles investors can use to get in on the action?

Positive
cover-imageCointelegraph
March 24, 2025

XRP, Solana lead altcoin ETP inflows as Ethereum slumps — CoinShares

XRP and Solana led all altcoin-based exchange-traded product (ETP) inflows during the week ending March 21, according to digital asset investment firm CoinShares.Other altcoin inflows were comparatively modest, with Polygon (MATIC) logging $400,000 and Chainlink (LINK) adding $200,000. Sentiment toward altcoins remained mixed overall, as Ether (ETH) alone saw significant outflows totaling $86 million.

Neutral
cover-imageCryptonews
March 24, 2025

Solana Co-Founder Questions Relevance of Layer-2 Solutions

Solana co-founder Anatoly Yakovenko challenges the need for Layer-2 solutions, arguing that optimized Layer-1 blockchains like Solana offer faster, cheaper, and more secure scalability without L2 complexities. The post Solana Co-Founder Questions Relevance of Layer-2 Solutions appeared first on Cryptonews.

Negative
cover-imageFinbold
March 24, 2025

This Solana validator extracted over $13M from users in one month using sandwich attacks

Solana (SOL) has, by design, one of the most expensive networks to maintain, often requiring validators to look for Foundation's subsidies or Maximum Extractable Value (MEV) techniques. This is the case with DeezNode, a Solana validator and RPC cluster provider who profited over $13 million in a single month from sandwich attacks against other SOL users – a report shows.

Positive
cover-imageCoingape
March 24, 2025

Why Is Solana Price Up 7% Today?

Amid the broader crypto market recovery, Solana price is showing major strength gaining 7% to $140 with daily trading volumes jumping 85% to $2.56 billion. The renewed investor interest in SOL comes amid strong network adoption and growing optimism.

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