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news-imageMarch 4, 2025

Why Solana Is Plummeting Today

Solana (SOL -21.86%) has been giving up ground over the last day of trading. The cryptocurrency's share price was down 19.4% over the previous 24 hours as of 6:45 p.m.
Publisher: The Motley Fool
Sentiment: Negative
SOL

More News Articles

Negative
cover-imageCoingape
March 3, 2025

FTX Estate Receives $430 Million In SOL, Is Solana Price Selloff Ahead?

Solana price is in the spotlight as the wallets linked to the bankrupt FTX Derivatives Exchange have received a massive SOL stash in a significant headwind for the coin. According to an update from Arkham Intelligence, the wallets tied to the FTX and Alameda Research Estate received 3.033 million Solana from an unidentified address.

Positive
cover-imageNewsBTC
March 3, 2025

Solana Explodes Out Of Downtrend: How High Can It Go?

Solana (SOL) has delivered a dramatic shift in market structure, breaking above a descending parallel channel that had dominated its price action for several weeks. Ali Martinez (@ali_charts), who shared the attached four-hour chart, suggests that this breakout could position the token for a potential climb toward $213.

Negative
cover-imageBenzinga
March 3, 2025

Crypto Czar David Sacks Confirms Selling All Bitcoin, Ethereum, Solana Holdings, Denies 'Large Indirect Holdings'

White House-appointed ‘Crypto Czar' David Sacks confirmed that he liquidated all his cryptocurrency holdings—including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Solana (CRYPTO: SOL)—before joining the administration. What Happened: In an X post on Monday, Sacks cited a Financial Times report detailing his crypto holdings.

Negative
cover-imageThe Currency Analytics
March 3, 2025

FTX's Solana Liquidation Drives SOL Price Down

Solana (SOL) has found itself at a crossroads as the cryptocurrency faces significant pressure from the liquidation of 11.2 million SOL tokens tied to FTX's bankruptcy. The unlock, which took place on March 1st, has raised concerns of a potential sell-off, with tokens valued between $1.5 billion and $2 billion now entering the market.

Positive
cover-imageInvestingCube
March 3, 2025

Trump's Crypto Bombshell: XRP, Cardano, and Solana Surge as U.S. Unveils Strategic Crypto Reserve

The cryptocurrency market erupted after Donald Trump announced the formation of a U.S. Strategic Crypto Reserve, placing key assets like XRP, Cardano , and Solana in the spotlight. Posting on Truth Social, Trump declared his ambition to make the U.S. the “Crypto Capital of the World”, sending shockwaves through the digital asset space.

Neutral
cover-imageFinbold
March 3, 2025

ChatGPT predicts Solana price for the end of 2025

Recent weeks have been turbulent in the cryptocurrency market, and Solana (SOL) wasn't spared the turmoil as it collapsed 55.25% from January 19 highs at $284.85 to February 27 lows at $127.47, only to recover marginally to $161.54 by press time on March 3.

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