Sui has declined to $2.85 today, but its fundamentals and underlying growth suggest that a strong recovery should be coming soon. The post Sui Sees $2.5 Billion Volume Surge After Price Crash – Next Ethereum or Solana? appeared first on Cryptonews.
The official X account of the Solana-based token minting protocol Pump.fun was breached by hackers but has since been recovered.The co-founder of the decentralized app (dApp), Alon (@a1lon9) on X, informed the public about the incident and advised users not to interact with the hackers. @pumpdotfun account has just been compromised.
Solana is caught in a period of continued bearish performance due to the notable decline in the broader crypto market, with its price plummeting by nearly 23% in the past week.
Solana is showing renewed strength, signaling a potential turnaround after holding above $137 decisively. Buyers are stepping in at key support levels, pushing the price higher and challenging major resistance zones.
Cryptocurrencies traded in red on Thursday as Bitcoin hovered around the $85K mark. While the focus shifts to a ‘selective alt season,' top altcoins Litecoin, Solana, and XRP remained on investor and trader watch lists. Let's check what investors can expect from their price movements in the near future.
Solana (SOL) has plummeted 50% in almost a straight line over the past five weeks, a decline that coincides with heightened market volatility, speculative frenzy in memecoins, and looming sell pressure from the upcoming FTX estate unlock.
Imagine turning a modest $5,000 into over $2.5 million. That's the reality for early Solana investors who bought in at its rock-bottom price of $0.50. Today, a new player, Mutuum Finance (MUTM), is grabbing headlines in the crypto market. The decentralized lending platform has raised $1,503,578.54 since its presale began, drawing in 2,975 holders.
Sonic has launched its Mobius mainnet, ushering in a new development era for the blockchain ecosystem through the first chain extension on Solana.
Solana price is 41% down in 30 days, driven by decreasing memecoin activity and a plunge in its network TVL with a SOL double-top pattern playing out.
The DFINITY Foundation, a major contributor to the Internet Computer (ICP), has launched Version 1.0 of the OISY Wallet, integrated with four major blockchains and managed by a DAO. The post DFINITY Foundation Launches OISY: ‘First Fully-Decentralized Wallet' for Bitcoin, Ethereum, Solana, and ICP appeared first on Cryptonews.
Solana meme coin DADDY has spiked following reports that Andrew Tate is flying to America, after being held in Romania since 2022.
The Depository Trust & Clearing Corporation (DTCC), the biggest settlement and clearinghouse in the U.S., has listed two proposed Solana futures exchange-traded funds (ETFs). This marks the first SOL-based investment products to be added to DTCC's list of funds.
"This milestone represents the collaborative effort of not just our team, but a cohort of partners across the Solana ecosystem," Sonic's CEO stated.
TL;DR Solana ETFs Debut on DTCC: Solana-based futures ETFs, including SOLZ and SOLT, have been listed on the DTCC fund list, providing both standard and leveraged exposure. SEC Reviewing Spot Filings: The SEC is currently reviewing spot Solana ETF filings from multiple issuers, a key step toward potential regulatory approval.
Solana's SIMD-0228 proposal aims to slash SOL inflation by 80% through a dynamic emissions model tied to staking participation, sparking debate over network sustainability and decentralization ahead of a community vote. The post Solana Proposal to Slash Inflation by 80% Heads to Community Vote appeared first on Cryptonews.
Solana remains in a structured downtrend, with price nearing key support at $120. While a short-term bounce is possible, true trend reversal requires reclaiming $185.
Solana (SOL), one of the top contenders in the world of cryptocurrency, is making waves with a new proposal that could drastically reduce the inflation of its token. This move, if adopted, is expected to cut inflation by as much as 80%.
The crypto market suffered a further decline in early trading, with the market cap declining by nearly 3% and settling at $2.84 trillion. Bitcoin (BTC) and other cryptocurrencies registered substantial declines, with fears of a further decline driving investors to safe-haven assets.
Solana has seen a significant wave of profit-taking since reaching its all-time high of $295.83 on January 19. This has driven its price to multi-month lows, with the coin currently trading at levels last seen in October.
Solana has taken a big step toward wider acceptance in traditional finance. The Depository Trust and Clearing Corporation (DTCC) has listed two Solana futures ETFs, marking an important milestone for the blockchain network. This move has raised hopes for the approval of a spot in Solana ETF.
This approval fuels expectations for a possible approval of spot ETFs on SOL.
DTCC has listed the first Solana futures ETFs from Volatility Shares. The listing isn't SEC-approved but is expected to draw more institutional interest.
Solana price is down by 40% over the past month, with the crash causing panic selling that has pushed SOL to extremely oversold levels. Traders are selling Solana at the same pace they did during the FTX collapse in 2022, raising speculation over whether the altcoin faces further downside or a price recovery lies ahead.
Volatility Shares Solana ETF and Volatility Shares 2x Solana ETF were assigned the ticker symbols SOLZ and SOLT, respectively, on DTCC.
Solana (SOL) has continued to face selling pressure since reaching an all-time high of $295 in January, extending its decline this week.
The Depository Trust & Clearing Corporation (DTCC) has officially listed the first Solana futures ETFs (exchange-traded funds) from Volatility Shares.
SOL at risk of an extra dip to $120 ahead of March unlock.
The listing of Solana futures ETFs on DTCC could pave the way for broader institutional adoption and future spot ETF approvals. The post First Solana futures ETFs listed on DTCC appeared first on Crypto Briefing.
Solana is facing mounting selling pressure, trading at its lowest level since September 2024 following yesterday's market-wide correction. Extreme fear continues to grip the market as SOL fails to find strong support, with bears maintaining control since the cryptocurrency hit its all-time high back in January.
Solana (SOL) has experienced a sharp decline, reaching its lowest point in four months. Over the past 24 hours, SOL's price has dropped by 5%, continuing a sharp correction that has seen a 45% decrease over the past 30 days.
The cryptocurrency market is experiencing significant turbulence this week, with Solana (SOL) facing particularly steep challenges. As the excitement surrounding memecoins wanes, prices have dropped to their lowest levels in several months.
Barstool Sports founder Dave Portnoy doesn't want the headaches that come with launching a new meme coin—after already dropping a couple.
As the broader cryptocurrency market grapples with significant downturns, Ethereum (ETH) and Solana (SOL) have emerged as some of the hardest-hit assets among the top ten digital currencies. On top of that, recent allegations by market experts on social media suggest potential market manipulation by major players in the space, raising further concerns for investors.
A widely followed crypto strategist believes that Bitcoin (BTC) and crypto are due for a huge upside burst following a massive liquidation event. On Monday, the crypto market witnessed over $1.58 billion in liquidations, mostly levered long positions, within a 24-hour period amid a slew of bearish developments.
Solana's (SOL) recent price drop has raised concerns among investors, with declining market confidence and upcoming token unlocks adding pressure. While SOL struggles, many holders are looking for new opportunities, and Mutuum Finance (MUTM) is quickly emerging as a promising alternative.
Solana price could bounce from $130 to $150 “golden zone” with the possibility of a mean reversion playing out over the short term.
Solana's struggle beneath the $140 mark escalates amid mounting bearish sentiments. Most cryptocurrencies breached reliable support barriers as Trump-driven crypto party ended with Bitcoin's dip below $90K. Solana changes hands at $133, with dwindled investor and trader activity suggesting more pain before solid reversals. Glassnode data shows Solana's total transfer volume plunged from $1.
Bitcoin appears on the verge of losing the $85,000 level, which could trigger a cascading liquidation event. Will bulls show up to buy the dip and defend a critical support level?
Solana continues to experience a strong downward pressure, with analyst predicting a dip to a 14 months low of $65.
Solana (SOL) has struggled to sustain its bullish momentum, dropping over 40% in the past month. The decline continued with an additional 1.2% loss in a day, bringing its price down to $137 at press time—its lowest level since November 2024.
Binance refuted social media claims that it is offloading its Ethereum (ETH) and Solana (SOL) holdings. On Feb. 26, Binance's customer support team addressed the speculation on X (formerly Twitter), stating that the exchange is not engaging in large-scale token sales.
Solana meme coin launchpad Pump.fun had its social media account swiped Wednesday to promote an unofficial PUMP token that swiftly crashed.
Solana price is struggling to recover as it remains trapped in a steep bearish channel. The cryptocurrency recently fell below $160, marking its lowest level since November 2024.
The cross-chain “Inclusive Layer” makes it easier to launch consumer apps on Ethereum, its leading Layer 2s and Solana.
With multiple traders accusing Binance and other CEXs of fueling the crypto crash, the exchange replies with a technical answer. While the reply now accuses traders as misunderstanding data, controversy remains heated around Binance.
Solana has taken a hit with its price dropping toward key support levels following a sharp drop in the general crypto market. SOL's weak performance appears to have hamper investors' sentiment as evidenced by fading activity on the Solana network.
Uniswap (UNI) was also among the underperformers, falling 4.3% from Tuesday.