Solana price seems to be gearing up for a recovery after crypto investment firm Galaxy Digital sold Ethereum and purchased $98M worth of SOL. This purchase has sparked optimism that the Solana price can rally past $200, but a bearish formation in the SOL/BTC chart suggests that bearish headwinds are still at play.

Is there a new flippening on the horizon?

XRP and Solana are leading the ETF race as speculations soared over the potential launch of altcoin exchange-traded funds (ETFs) in the US. Following Bitcoin and Ethereum spot ETF approvals, attention has now shifted to these high-demand altcoins.

Metaplex, an NFT platform built on Solana, faces legal threats after it announced an attempt to sweep SOL tokens that have not been claimed into its DAO treasury.

TL;DR Whale accumulation surges: Big investors are rapidly increasing their holdings, with whale wallets rising from 4,943 to 5,019 and the SOL price climbing from $121.44 to $134.02 in just one week. Bullish technical indicators: Solana is trading well above its 50-day moving average, a classic sign of market strength that often precedes significant rallies.

Solana is currently trading near $140 as a whale deposits $13.9M to Binance for a potential sell-off.

A total of 72 cryptocurrency-related exchange-traded funds are currently awaiting approval by the U.S. Securities and Exchange Commission, according to Bloomberg ETF analyst Eric Balchunas. What Happened: These pending applications span a wide range of crypto assets, including mainstream tokens like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), XRP (CRYPTO: XRP) and Solana (CRYPTO: SOL), as well as meme coins such as Dogecoin (CRYPTO: DOGE) and themed funds like "2x Melania.

Metaplex faces legal threats after announcing plans to sweep over 54,000 unclaimed SOL into its DAO treasury, as Burwick Law warns this move could violate consumer protection laws and erode trust in the Solana NFT ecosystem. The post NFT platform Metaplex Faces Legal Threat Over Plan to Sweep Unclaimed SOL into DAO Treasury appeared first on Cryptonews.

A Solana address with over 1 million tokens is sitting on over $153 million in profit after a four-year staking play on the crypto asset. Blockchain analytics firm Lookonchain flagged the wallet address of a whale that staked nearly 1 million Solana (SOL) tokens in 2021.

SUI, a blockchain project that many now call Solana's biggest rival, is suddenly back in the action. Over the past week, its price has jumped nearly 25%, going from $1.86 to around $2.32. But this quick surge is just part of a much bigger picture.

Galaxy's token swap may reflect bearish sentiment around Ethereum, marked by a significant price correction and waning investor confidence.

Mike Novogratz's Galaxy Digital has reportedly executed a significant swap, transferring approximately $100 million worth of ethereum for solana. According to a post from Wu Blockchain, onchain data from Lookonchain reveals that Galaxy Digital transferred 65,600 ETH, valued at around $105 million, to Binance over the past two weeks.

As per Lookonchain Data, Galaxy Digital's recent actions suggest a strategic shift from Ethereum to Solana. Over the past two weeks, the firm deposited 65,600 ETH (worth $105.48M) to Binance—likely for selling—and withdrew 752,240 SOL (worth $98.37M), indicating fresh accumulation.

Nasdaq-listed Upexi's shares jumped 630% after announcing a $100 million raise to build a Solana-based treasury, with 90% allocated to SOL acquisition.

Former Goldman Sachs executive Raoul Pal believes that one Solana (SOL) competitor looks to be in a position for a massive breakout. Pal tells his 1.1 million followers on the social media platform X that the Tom DeMark (TD) Sequential Indicator is flashing bullish for the layer-1 platform Sui (SUI).

Burwick Law, a New York-based firm, has raised legal concerns about Metaplex's plan to transfer over 54,000 unclaimed SOL, worth roughly $7.3 million, into its DAO treasury. In an open letter shared on X on Apr.

Galaxy Digital, one of the leading asset managers in crypto, shifted positions from Ethereum (ETH) to Solana (SOL).

Galaxy Digital, led by Mike Novogratz, has reportedly exchanged over $100 million worth of Ethereum (ETH) for Solana (SOL), signaling a notable shift in institutional crypto strategy. On-chain data from Wu Blockchain indicates that Galaxy moved 65,600 ETHaround $105 millionto Binance over the past two weeks, while simultaneously withdrawing approximately 752,240 SOL, valued near $98.4 million.

Cathie Woods ARK Invest has officially added Solana (SOL) to its portfolio, marking its first direct investment in the token. According to Solana Floor, the purchase was made via the SOLQ ETFa Canada-based staking fund that offers exposure to SOL and its staking rewards without requiring users to manage wallets or assets directly.

Fartcoin has just flipped Bonk to become the second-largest Solana memecoin by market cap, following a 15% rally that pushed its market cap above the $1 billion mark.

Galaxy Digital sells over $105M in Ethereum to buy Solana as ETH drops 50% YTD. Here's why institutions are shifting and what whale activity reveals about Ethereum's future.

Solana attracts major institutional investment, including a $100M PIPE deal with Upexi and increased corporate treasury adoption, pushing price toward potential breakout.

Astra Fintech has announced the launch of a $100 million fund aimed at accelerating innovation within the solana ecosystem. This initiative seeks to identify and support high-potential builders and startups, building on Astra's successful track record with projects like Mulex, DEPE, and Mone, and its sponsorship of the Seoulana event.

Upexi, a consumer goods firm listed on Nasdaq, saw its stock price skyrocket by 335% following its bold announcement to dive into the cryptocurrency space. The company raised $100 million, with plans to create a Solana (SOL)-backed corporate treasury. While $5.

Bloomberg analyst Eric Balchunas has estimated that there are a whopping 72 cryptocurrency-related exchange-traded fund (ETF) filings.

According to on-chain data reported by Wu Blockchain, Galaxy Digital transferred 65,600 ETH, equivalent to approximately 105 million dollars, to Binance and subsequently withdrew 752,240 SOL, valued at approximately 98.37 million dollars. This operation represents a clear signal of strategy change by the company, which seems to want to reduce its exposure to Ethereum to decisively focus on Solana, a blockchain that in recent months has shown signs of steady and robust growth.

In January 2025, the crypto industry made massive donations to Trump's investment fund. A month later, the SEC miraculously dropped its lawsuits against those same donors.

On-chain data shows a Solana whale has made a large withdrawal from Binance in the past day, a sign that could be bullish for SOL's price. Solana Whale Has Made A Large Transaction In The Last 24 Hours According to data from the cryptocurrency transfer tracker service Whale Alert, a massive transaction has been spotted on the Solana network during the past day.

According to Pine Analytics Report over 15,000 Solana memecoin launches on Pump.fun have been manipulated through the use of sniper wallets — automated wallets that purchase tokens the moment they go live and sell them within minutes for profit. However, in this case, it's not just opportunistic bots.

Mike Novogratz's Galaxy Digital has apparently swapped $100 million worth of ether (ETH) for solana's SOL.

Fresh on-chain data suggests Galaxy Digital may be offloading its Ethereum (ETH) holdings on the Binance exchange. Per the data, the company is pitching its tent with Solana (SOL), stacking up nearly $100 million worth of SOL over two weeks.

The crypto market has started the week well, with Bitcoin and many altcoins beating the American stock market. Bitcoin price has held steady above $88,000, while the valuation of all cryptocurrencies has jumped to $2.75 trillion. This article provides the forecast of top altcoins like Reserve Rights (RSR), IOTA (IOTA), Pendle, and Solana (SOL).

ARK Invest, led by Cathie Wood, has become the first U.S.-listed asset manager to gain exposure to Solana through an ETF.

Coinbase has expanded its self-service asset recovery tool to include lost tokens on the Solana network, according to an April 21 announcement. The feature allows users to reclaim certain unsupported SPL tokens mistakenly sent to their Coinbase addresses without submitting a customer support ticket.

Solana (SOL) continues to show strength across multiple fronts, maintaining a bullish structure on its Ichimoku Cloud chart while gaining momentum in key market metrics. The BBTrend indicator has turned higher again, signaling renewed buying pressure after a brief cooldown.

According to a new report from Pine Analytics, token deployers on Pump.fun systematically funded sniper wallets to buy their own meme coins. This impacted over 15,000 token launches on the platform.

Nasdaq-listed Upexi has raised $100 million in fresh funding, with most of it slated to go towards establishing a Solana treasury reserve.

This is a major win for Solana as its utility spreads across the board.

In a move that signifies further crypto adoption by institutional investors, Cathie Wood's ARK Invest has made its first direct purchase of Solana's native token (SOL).

Solana is showing signs of strength as it pushes above a key resistance level, suggesting that bulls are beginning to regain some control after weeks of weakness. The broader crypto market remains volatile, driven by ongoing macroeconomic uncertainty and heightened trade tensions between the US and China.

Ark Invest, the asset management firm owned by Cathie Wood, has gained its first exposure to Solana as the broader financial market expands its adoption of cryptocurrencies. The firm has added exposure to two tech investment vehicles via the 3iQ Solana Staking ETF (SOLQ).

PumpFun has transferred 95,934 SOL, worth approximately $13.34 million, to Kraken, further adding to the total 1,818,889 SOL moved to the exchange in 2025, equating to around $324.06 million. This move marks a continued trend of significant activity surrounding Solana (SOL), reflecting growing investor interest.

Astra Fintech, a global blockchain payments provider, has launched a $100 million fund to support the Solana ecosystem's growth throughout Asia, according to an April 21 announcement. Through the fund, Astra Fintech plans to deploy capital to accelerate projects and form partnerships with developers, companies, and regulators.

Crypto cycles tend to have two big innovations: something real and something ridiculous that distracts retail, pumps the wrong narrative and eventually implodes the market.

Solana's recent bounce has brought it face-to-face with one of the most important resistance levels on the chart.

The crypto market has started the week on a bullish note, registering a jump of over 2% and rising to $2.75 trillion as cryptocurrency prices registered a sharp increase thanks to a perceived threat to the Federal Reserve's independence after President Trump's comments on Fed Chair Jerome Powell.

Upexi Inc.'s shares soared more than 630% on April 21 after the Nasdaq-listed company announced plans to build a Solana (SOL)-based crypto treasury using newly raised funds.