Solana (SOL) recently lost its key support zone amid the controversial Libra (LIBRA) token launch and crash. The cryptocurrency has dropped over 12% in the last three days and some analysts suggest it risks a deeper correction to monthly lows.
Solana price has been showing against the rest of the crypto market dropping another 9.3% today and moving to $166. This happened as Solana-based meme coin LIBRA faces massive pump and dump triggering a massive selloff across all meme coins in this sector.
The Solana hype appears to have fizzled out as SOL continues to tank amid a meme coin meltdown.
The cryptocurrency market remained volatile on February 18, with Bitcoin (BTC) trading near $96,000, while Ethereum (ETH) gained 2%. However, XRP and Solana (SOL) saw losses, reflecting ongoing investor uncertainty. Despite the choppy movement, Sonic (S) emerged as the top performer, surging 17% in the past 24 hours.
Based on fresh data from the prediction marketplace Polymarket, there is a 78% probability that the U.S. Securities and Exchange Commission (SEC) will approve an XRP exchange-traded fund (ETF) this year.
Solana started a fresh decline from the $200 zone. SOL price is down over 10% and might even struggle to stay above the $175 support zone.
Coldware (COLD) is rapidly gaining momentum in the blockchain space, positioning itself as a major competitor to Solana (SOL). While Solana (SOL) has seen impressive gains with the rise of Solana Payfi and the Fire Dancer upgrade, Coldware (COLD) is making waves with its Web3 mobile solutions and innovative staking mechanisms.
The cryptocurrency market remains volatile as the Ethereum price hovers around $2,700, facing resistance in its upward movement. The broader market has struggled to regain strength, with most altcoins trading sideways.
Solana (SOL), the world's fifth-largest cryptocurrency by market cap, failed to hold strong and is now poised for a price drop. The current market sentiment appears bearish, with major assets experiencing notable declines. SOL has also broken below its crucial support level of $180.
Because the asset is unable to form a clear trend, Bitcoin's price movement is still trapped in a sideways channel. Because of the lack of volatility, Bitcoin is experiencing a stagnant environment, which raises questions for the entire cryptocurrency market.
Digital asset investment products have suffered their first significant outflows of 2025, signaling a shift in investor sentiment. According to CoinShares, investors pulled $415 million from these products last week, marking a sharp reversal from the consistent inflows since the US elections in November 2024.
A daring climb of the Hollywood sign by a promoter led to a dramatic fluctuation in the value of Solana meme coin Vigilante (VIGI). What Happened: An unidentified individual scaled the iconic Hollywood sign on Saturday, waving a flag advertising the Solana meme coin Vigilante.
Solana (SOL) has recently faced a challenging period, moving within a bearish pattern that hinted at a potential drawdown. The price has begun to reflect these concerns, with the broader market failing to provide enough support for a recovery.
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Macro guru and Real Vision chief executive Raoul Pal says that Bitcoin (BTC) and other top altcoins are all looking strong despite choppiness in crypto markets.
The ratio of long to short positions on SOL in futures markets is tilting bearish as memecoin losses mount.
Earlier today, Argentina's President Javier Milei reposted a tutorial on X explaining how to purchase LIBRA, a Solana-based token he is currently being bashed for promoting. The post was originally published by Dario Epstein, the director of Buenos Aires financial research firm Research for Traders (RfT).
Raydium and Orca saw steep declines in trading volume, while Meteora stood out with an 18% increase, defying the trend.
Ethereum (ETH) price is turning bullish after weeks of trading below $3,000, a level it has not broken since February 2. The shift comes as capital appears to be flowing out of Solana and into Ethereum, with stablecoin inflows and rising TVL supporting its momentum.
Emerging from a positive Solana (SOL) pricing pattern is a big momentum change in February-March 2025. Solana's price of $204.38 points to a possible breakout even if the last 24 hours show a little 0.01% rise. Analyzers and investors are closely observing the path of the token; various technical signals indicate a potential significant rise.
While Solana (SOL) became a powerful participant with an amazing price rise of over 25,000,000%, Shiba Inu (SHIB) shocked the cryptocurrency market with an insane price surge of over 52,000,000%. Many crypto aficionados are keen to identify the next major players with comparable potential since both coins saw an exponential rise.
Solana has faced increasing selling pressure and negative sentiment as the broader meme coin market continues to decline, impacting overall market performance. Analysts suggest that excessive speculation on meme coins is a key reason why altcoins, including Solana, are underperforming compared to Bitcoin.
11.2 million SOL tokens will unlock on March 1. Will traders hold, short or sell their Solana positions ahead of the distribution event?
With Solana ETF applications under review, experts speculate a price surge. Can SOL hit $550 by Q4 2025?
Solana (SOL) has faced a sharp drop in price, shedding 6.5% recently, which signals an increasingly bearish trend for the altcoin. The drop has caught the attention of traders and investors, raising concerns about the stability of Solana's market position.
Bitcoin bulls appear reluctant to buy dips after BTC's repeat failures to secure a close above $98,500.
The Solana price is down almost 5% today, having lost the crucial $190 support level. This price decline has occurred due to various factors, including a drop in Solana's network activity, which presents a bearish outlook for the crypto.
STARFALL CHRONICLES developers announce their FREYA token will migrate from Base to Solana, with the transition managed through Stardust platform.
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.
Today, with the closure of the USA market on the occasion of President's Day, the price of Solana (SOL) and XRP records negative performances.
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.