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news-imageMarch 2, 2025

Solana down 45% since Trump token launch as memecoins divert liquidity

The growing appetite for memecoins may be limiting Solana's price performance, industry insiders told Cointelegraph.
Publisher: Cointelegraph
Sentiment: Negative
SOL

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Positive
cover-imageCointribune
March 2, 2025

Donald Trump Announces The Crypto Reserve With XRP, SOL, ADA, Bitcoin, And Ethereum: The Market Is On Fire!

On March 2, 2025, American President Donald Trump announced the creation of a "Strategic Cryptocurrency Reserve" specifically including XRP (Ripple), SOL (Solana), ADA (Cardano), BTC (Bitcoin), and ETH (Ethereum). This initiative aims to strengthen the crypto industry in the United States, following what Trump describes as "corrupt attacks" from the previous administration.

Positive
cover-imageThe Currency Analytics
March 2, 2025

Solana (SOL) Price Holds Strong Amid Whale Activity

Solana (SOL) has shown remarkable price resilience despite a flurry of significant whale activity. Recently, five major whale accounts unstaked a combined 5.52 million SOL, worth around $810 million, and simultaneously, 3.54 million SOL (valued at approximately $516 million) was deposited into Coinbase Prime.

Negative
cover-imageThe Motley Fool
March 1, 2025

Is It the End of the Road for Solana?

With the price of Solana (SOL -4.38%) crashing by 34% in the past 30 days, many investors are either looking for the exit or already well on their way out the door. Rocked by scandals connected to coins on the Solana platform and facing down a few macroeconomic headwinds, it's obvious that Solana's seas might be rough for a while.

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