SOL token has faced a 9% dip on Tuesday with concerns about future token unlocks intensifying the bearish outlook.
Santiment data unveiled six crypto projects with the highest spike in social media discussions compared to their average rates. The LIBRA scandal, MELANIA's scam FUD, Solana-based memecoins, and the FORT and STORJ tokens were some of the crypto topics dominating social media buzz.
Investors are massively taking short positions on the Solana (SOL) cryptocurrency as the ecosystem faces a series of scandals related to memecoins. Data from exchange platforms reveals a significant increase in bearish bets, reflecting a growing sentiment of distrust towards the network.
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 DOGE Foundation launched the @DOGE_SEC account on X to investigate alleged waste, fraud, and abuse within the SEC, seeking public input to enhance transparency and accountability in digital asset regulation. The post DOGE Launches SEC Account to Tackle Waste, Fraud, and Abuse in the SEC appeared first on Cryptonews.
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.
On-chain data shows that large Dogecoin transactions have seen a sharp drop recently, a sign that whales are no longer active on the network. Dogecoin Whale Activity Has Plunged Since Mid-November As pointed out by analyst Ali Martinez in a new post on X, the Whale Transaction Count has declined for Dogecoin recently.
A closely followed crypto strategist thinks that payments altcoin XRP is gearing up for a burst to the upside as it prints a bullish continuation pattern.
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.
Dogecoin recent price performance has raised concerns among analysts about potential further declines.
Dogecoin has been recently experiencing price fluctuations. From the past month, Dogecoin price has declined by over 23.80%, but analysts are hopeful that Dogecoin price still has the possibility for a surge as the past week has seen this altcoin rise by approximately 4.93%.
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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Dogecoin has yet to reclaim the $0.3 price level due to bearish price action in the past few weeks, but technical analysis shows that it is destined for a run above double digits.
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.
With THESE factors stacking up, DOGE may soon have to scramble for another support line.
Despite its continued price fluctuations in the last seven days, Dogecoin (DOGE) has signaled a potentially bullish shift. DOGE has found support at the $0.26 mark to reach higher levels.
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.