The market fall has not lasted long, according to CoinStats.
Big Solana investors and traders are offloading the asset in anticipation of a major token unlock.
Solana's price is facing intense pressure as the broader crypto market experiences a sharp downturn.
A major Solana unlock has raised eyebrows across the crypto space after $33.27 million worth of SOL was sent to centralized exchanges. On an Apr.
A large Solana (SOL) unlock flowed into four whale wallets, as the owners sent their tokens to Coinbase and Kraken. After April's unlocks, the SOL release schedule will slow down for the rest of the year, with lower selling pressure.
Fidelity Investments received SEC acknowledgement for its spot Solana ETF filing. The launch of an ETP product could possibly propel a rally in SOL.
Viral game “Infected” rage-quitted Ethereum's Base and is packing its bags for Solana. The pandemic simulation game that spread like wildfire announced it is ditching Base for Solana after its launch turned into a gas fee horror show.
On April 3rd, the USDC Treasury minted 250 million USDC on the Solana blockchain, according to blockchain tracker Whale Alert. The freshly created tokens, valued at approximately $249.9 million, were issued just hours before press time as part of Circles ongoing efforts to boost USDCs circulating supply and meet growing market demand.
The U.S. Securities and Exchange Commission (SEC) has officially acknowledged Fidelitys application for a Solana exchange-traded fund (ETF), signaling growing institutional interest in the altcoin despite current market turbulence. Fidelity, one of the worlds largest asset managers with approximately $4.9 trillion in assets under management, entered the Solana ETF race in late March.
Solana's price tests critical support while network fundamentals strengthen with institutional adoption and DeFi growth, suggesting potential recovery.
Several whales unstaked and dumped SOL worth $46.3 million into the market.
This week, we examine Ethereum, Ripple, Cardano, Solana, and Shiba Inu in greater detail. Ethereum (ETH) Ethereum and most of the market closed March in red and April opened with a tariff war which crashed prices this week.
Solana price has extended weekly losses to 14% amid heightened selling pressure for the cryptocurrency. Whale data on Friday revealed that roughly $46M worth of SOL was unstaked and offloaded to exchanges in recent days.
Base architect Jesse Pollak responded to Infected's claims, saying the chain functioned as intended and the issues were due to the frontend.
Solana's next move hinges on its reaction on the price charts.
The dust for the U.S. reciprocal tariffs imposed on more than 100 nations has begun to settle. Bitcoin (BTC) price held above $82k, as the wider altcoin market, led by Solana (SOL), attempts a bullish recovery, following the maximum pain experienced since the Donald Trump administration took office.
Though the market for cryptocurrencies shows conflicting signals, Solana (SOL) seems ready for a breakthrough. Technical indicators point to SOL getting prepared for a notable upward rise following a sequence of price swings and periods of consolidation.
President Donald Trump's recent announcement of new tariffs has sent ripples through global markets, affecting everything from traditional stocks to digital assets.
On April 3rd, the USDC Treasury, in its regular attempt to boost the supply of USDC in circulation, created 250 million fresh USDC tokens on the Solana blockchain, according to data provided by blockchain tracker Whale Alert.
Solana (SOL) is under heavy pressure, with its price down more than 10% in the last 24 hours as bearish momentum intensifies across key indicators. The Ichimoku Cloud, BBTrend, and price structure all point to continued downside risk, with SOL now hovering dangerously close to critical support levels.
Solana's price action is dividing opinion on the internet as investors and analysts alike have opposite views on this token. Some call for $200 while others feel it's time to break the $100 barrier and reach $80.
The SEC acknowledging such a filing typically means it will then be published in the Federal Register, initiating the approval process.
The U.S. Securities and Exchange Commission (SEC) has now acknowledged Fidelity's Solana exchange-traded fund (ETF) filing.
SEC acknowledges Fidelitys Solana ETF filing as SOL drops 12% and Paul Atkins advances as SEC Chair nominee. The post SEC acknowledges Fidelity's Solana ETF filing as SOL sinks 12% on Trump tariff shock appeared first on Crypto Briefing.
The U.S. Securities and Exchange Commission (SEC) has formally acknowledged the filing for Fidelity's spot Solana (SOL) Exchange-Traded Fund (ETF). This marks a key development in the financial industry, as Fidelity seeks to list its Solana ETF on the Cboe BZX Exchange.
The global cryptocurrency market took a major hit today, with the total market capitalization falling 5.46% to $2.63 trillion. This sharp decline was triggered by a broad sell-off following U.S. President Donald Trump's announcement of new tariffs on trading partners worldwide, sparking concerns about global economic stability. Bitcoin (BTC) led the downturn, dropping to $82,274.
Solana fell sharply after market turmoil, losing 8% and sliding below $130. Despite the decline in transactions and daily users, stablecoin balances and DEX volumes hint at long-term potential within the Solana ecosystem. The post Solana Slips Under $130, But Something Bigger Might Be Brewing appeared first on Cryptonews.
From bitcoin as a capital preservation tool to some targeting a move toward the $70,000 level, here's how traders are reacting to U.S. tariffs.
By the end of the year, Matcha anticipates that most decentralized exchanges and aggregators will support Solana.
Solana has established itself as one of the fastest and most scalable blockchains in the crypto world. Its blistering transaction speeds and low fees revolutionized ecosystems for decentralized finance, gaming, and NFTs, drawing comparisons to giants like Ethereum.
Investors' unease in the crypto market mirrored a tumultuous trading session on Wall Street, with Bitcoin, Solana, and other assets falling.
PayPal is accelerating into the crypto space by directly integrating Solana (SOL) and Chainlink (LINK) into its wallet. This new feature is currently reserved for American users and associated territories.
PayPal has expanded its digital asset services by adding support for Solana (SOL) and Chainlink (LINK) for users in the United States and its territories. The post PayPal Adds Solana and Chainlink for U.S. Users in Expanded Crypto Offering appeared first on Cryptonews.
TL;DR Expanded Crypto Offerings: PayPal now allows U.S. users to buy, sell, and hold Solana (SOL) and Chainlink (LINK) alongside its existing crypto options. Enhanced Blockchain Utility: SOL brings fast, cost-efficient transactions, while LINK's decentralized oracle network enables secure smart contract interactions.
PayPal has added support for Solana (SOL) and Chainlink (LINK) in the US, allowing users to buy, sell, and hold these assets directly.
SOL has dropped 7.5% in the past 24 hours, as a whale moved 312,000 SOL to Binance, triggering fears of a sell-off.
The cryptocurrency industry is a hive of activity, particularly with Solana's (SOL) recent advances. With the promise of new financial instruments such as the Solana ETF, many wonder if it's time to join the party or if Solana's moment in the sun has already arrived.
The crypto market took a dramatic tumble after President Donald Trump's Liberation Day speech on Wednesday. Markets panicked after President Trump imposed sweeping tariffs on global trading partners.
A major Solana whale deposit sparks speculation, hinting at a potential shift in market momentum.
The battle between rival cryptocurrencies Solana (SOL -6.55%) and Ethereum (ETH -3.62%) is heating up, and, at least for now, it seems the latter coin is on the back foot.
The cryptocurrency market remained relatively calm on Thursday ahead of the U.S. non-farm payrolls report due Friday. Traders continue to weigh macroeconomic uncertainty against growing optimism in crypto adoption.
Wake up, PayPal just added support for two new cryptocurrencies in the US—and it could be huge for altcoins! Unless you consider reading PayPal's help center a hobby, you probably missed the addition of Solana ($SOL) and Chainlink ($LINK) to its list of supported cryptocurrencies in the US and its territories.
Solana drops 15% to $119, breaking key support levels while launching ETFs struggle and a new policy institute forms in Washington.
This move is a game-changer for PayPal users in the United States who have been waiting for more crypto options. By adding these coins, PayPal is shaking things up.
PayPal users in the United States and U.S. territories can buy Solana and Chainlink directly on the platform for the first time.
Solana (SOL) is currently down over 2% at $126, continuing a broader correction trend that began after its December 2024 peak. However, technical signals suggest underlying strength that could point to a potential recovery.
Solana's price faces crucial resistance as on-chain data hinted at strategic redistribution and long-liquidation dominance.