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news-imageJanuary 27, 2025

Solana meme coin action: Trump-driven FAFO Barron surges; Visa's account hacked in crypto scam

A crypto token on Solana was advertised on Visa's official Facebook account on Jan 27, 2025, while another Solana-based meme coin FAFO Barron shot up over 250% in a short span of a few hours after President Donald Trump posted a picture.
Publisher: Crypto news
Sentiment: Negative
SOL

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Neutral
cover-imageCoinPedia
January 28, 2025

$100M in Shorts Suggest Solana (SOL) May Not Cross $235: Report

Amid the ongoing market decline, Solana (SOL) is gaining attention from crypto enthusiasts due to its current price action on the daily time frame. On January 29, 2024, the blockchain-based transaction tracker Whale Alert posted on X (formerly Twitter) that a crypto whale had moved a significant 220,308 SOL worth $52 million.

Positive
cover-imageBenzinga
January 28, 2025

Hold Bitcoin, Solana, Trump, Dogecoin If You're Starting A Portfolio Today, Says Top Trader

New cryptocurrency investors should stick to proven assets and several big meme coins, according to a prominent trader on social media. What Happened: If you're building a crypto portfolio from scratch, Bitcoin (CRYPTO: BTC), Solana (CRYPTO: SOL) and Hyperliquid (CRYPTO: HYPE) are “must-haves,” said Altcoin Sherpa, a widely-followed trader on Tuesday on X.

Positive
cover-imageCryptopolitan
January 28, 2025

OKX 2025 DEX report: Solana leads Ethereum, DeFi derivatives dominate

On January 28, the OKX trading platform released its State of DEX 2025 report, which offered an analysis of the decentralized exchange (DEX) market last year. The report extensively discussed the rise of Solana against Ethereum, the dominance of derivatives trading in crypto, and the growing influence of AI-driven protocols in the virtual currency sector.

Positive
cover-imageCoinPedia
January 28, 2025

Solana Price Nears $250 Resistance! Is $300 the Next Stop?

The Solana price has successfully retested its important support level, resulting in it surpassing the $240 mark. With this, the Solana token is back under the limelight of top investors and institutes as the crypto market highly anticipates a Solana ETF launch announcement in Q1 2025.

Positive
cover-imageThe Motley Fool
January 28, 2025

2 Cryptocurrencies That Could Skyrocket This Year

In 2024, the crypto market saw the launch of new spot exchange-traded funds (ETFs), the rise of crypto as a political campaign issue, and a new all-time high for Bitcoin above the $100,000 mark. 2025 could be even better, especially given the new pro-crypto optimism surrounding the Trump administration.

Positive
cover-imageAltcoin Buzz
January 28, 2025

Grayscale Files Solana $SOL ETF with NYSE

Grayscale Investments has taken a big step by filing for a Solana ETF with the New York Stock Exchange (NYSE). This move comes days after President Trump's inauguration, which sparked a mainstream interest in cryptocurrencies.

Negative
cover-imageNewsBTC
January 28, 2025

Solana Plunges 12%, But This Pattern Could Mean Decline Isn't Over Yet

Solana has seen a price drawdown of around 12% during the past day, but if this pattern is to go by, there could be more decline on the way. Solana Has Seen A Crash Over The Last 24 Hours The cryptocurrency sector as a whole has plummeted during the past day, with Solana not being spared as its price has also gone through a notable decline.

Negative
cover-imageBenzinga
January 27, 2025

Bitcoin, Ethereum, Solana Crash — Here's Why China's Low-Cost AI Model DeepSeek May Be To Blame

Chinese AI startup DeepSeek's $6 million AI model has rattled global global markets, with experts warning it signals a major shift in AI competition. What Happened: Speaking with Benzinga, experts suggest the Chinese startup's efficiency-focused approach is reshaping perceptions of dominance in artificial intelligence, challenging the high-cost strategies employed by US tech giants like OpenAI and NVIDIA (NASDAQ:NVDA).

Negative
cover-imageUToday
January 27, 2025

SOL, DOGE, ETH Funding Rates Flash Warning for Market: Details

In a recent analysis shared on X, on-chain analytics platform Glassnode indicated that the hourly funding rates across the top five assets on the market — Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP and Dogecoin (DOGE) — show that the appetite for long positions has not returned to levels seen during the November-to-early-December rally. This suggests a lack of aggressive demand on the markets.

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