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Solana News
TronWeekly
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Whale Moves $64.4M in Solana Amid 6% Drop—What’s Next for SOL?
- Whale accumulation signals confidence in Solana despite ongoing market decline.
- Supertrend indicator suggests bearish momentum, reinforcing cautious trader sentiment.
- RSI and MACD indicate strong selling pressure, hinting at potential short-term rebound.
- Solana (SOL) witnesses significant whale activity, with large withdrawals and transfers indicating accumulation rather than selling.
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Newsbtc
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Is Solana In A Macro Trend Move? Charts Show Potential Shift
- Solana (SOL) is trading at its lowest price level since September 2024 due to fear and intense selling pressure in the crypto market.
- Analysts suggest that Solana may be experiencing a macro trend shift from bullish to bearish, with concerns about a potential prolonged downtrend.
- Solana is trading below crucial daily support levels and struggling to reclaim momentum, putting the once-strong uptrend at risk of collapsing.
- Investors are closely watching if Solana can reclaim key resistance levels to trigger a recovery, while failure to do so may lead to an extended bearish phase.
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TechBullion
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Solscan Explained: The Fastest Way to Track Solana
- Solscan is a valuable tool for exploring the Solana blockchain, offering insights into transactions, accounts, tokens, and smart contracts.
- It provides current information on transactions, alerts on operations, and is free for all users, even first-timers.
- The user-friendly Solscan platform simplifies tracking blockchain activities for traders, developers, and investors.
- Users can search wallet addresses to view SOL balance, token holdings, transaction history, and smart contract interactions.
- Solscan also offers metrics for tokens and NFTs, providing data on market capitalization, supply, holders, and contract details.
- For developers and users, Solscan enables analysis of smart contract activities such as interactions, code verification, and execution history.
- Additional features include a DeFi Dashboard, block explorer, Sollet for token creation, API Specifications, historical data analysis, and validator summaries.
- Solana's continuous development may bring new features and improvements to Solscan, enhancing data analysis and user satisfaction.
- Solscan is recommended for those involved in Solana for its ease of use, real-time features, and tracking capabilities for transactions and analysis.
- Note: Cryptocurrency investments involve risks, and users should conduct their research and seek professional advice. Solscan is a secure tool for tracking data without the need for private keys.
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TronWeekly
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Raoul Pal: Solana Oversold, Signals Strong Rebound Ahead
- Solana remains a key focus despite a broader market decline, with analysts predicting a potential rebound.
- Expert trader Raoul Pal believes SOL is oversold and may soon experience significant price growth.
- SOL’s Relative Strength Index dropped to its lowest level since 2022, signaling a possible recovery.
- Historical trends suggest a strong March performance for Solana, increasing the likelihood of a price rally this year.
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TheNewsCrypto
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Got $1,000? These 5 Altcoins Are Obvious Buys, Led by an Under-$1 Token Expected to Topple Solana (SOL)
- Rexas Finance (RXS), an under-$1 token, is expected to surpass Solana (SOL) in market impact.
- XRP is a consistent altcoin with potential for future expansion and has a market capitalization of over $138.75 billion.
- Tron (TRX) offers a cost-effective option with strong fundamentals and a market value of about $20.48 billion.
- OKB, the native token of the OKX exchange, provides breakout potential and stability with a market value of about $2.99 billion.
- GateToken (GT) presents a low-risk, high-reward altcoin opportunity with enduring performance in the market.
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Cryptonews
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Traders Debate: Is It Game Over for Solana Meme Coins?
- Meme coins like Dogecoin, Pepe, and Dogwifhat have experienced significant drops from their all-time highs, leading to a decline in the meme coin market.
- Popular launchpad Pump.fun launched significantly fewer tokens recently, indicating a slowdown in the meme coin ecosystem.
- Some traders believe that the meme coin cycle has peaked, drawing comparisons to the NFT trend.
- Traders debate whether Pump.fun, a central player in the meme coin market, has fulfilled its responsibilities or solely focused on profit.
- The launch of Donald Trump's and Melania Trump's meme coins contributed to liquidity absorption and market sentiment shifts, affecting meme coin values.
- Allegations of insider trading and connections between different meme coin launches have raised concerns about the integrity of the meme coin sector.
- Some traders and analysts view meme coins as a rigged game, prompting a shift towards more stable investments with intrinsic value.
- While some expect capital to move from meme coins to select altcoins, others anticipate a return to meme coin trading once liquidity and market conditions improve.
- Global economic factors like declining liquidity and market fluctuations have impacted meme coin prices, with predictions of a potential recovery in the near future.
- Despite uncertainties, proponents believe that meme coins will persist due to human tendencies for gambling and potential market liquidity increases.
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Cryptopotato
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‘Buy the Dip’ Interest Spikes, but Santiment Predicts More Pain Ahead
- Crypto traders are showing peak confidence in buying the latest market dip, but Santiment data suggests this optimism may be a prelude to more price drops.
- Santiment's analysis revealed a sharp increase in mentions of 'buying the dip' across platforms like X, Reddit, Telegram, and BitcoinTalk.
- Experts caution that a real recovery may only begin when dip-buying sentiment cools down, indicating a true buying opportunity.
- At the time of writing, the broader crypto market had experienced a significant decline in capitalization, with Bitcoin down 7.4% in the last 24 hours.
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TheNewsCrypto
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MetaMask Announces Bitcoin and Solana Support Improving Multi-Chain Access
- MetaMask has announced the addition of native support for Bitcoin (BTC) and Solana (SOL).
- Bitcoin support will be introduced in Q3 2025, enabling users to store, send, and swap BTC natively within MetaMask.
- Solana integration will roll out in May, making it the first non-EVM chain on MetaMask, allowing users to access Solana's ecosystem and interact with dApps seamlessly.
- MetaMask is also launching programmable accounts, gas fee payment with any token, and a multichain API to enhance digital asset management and interoperability.
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NullTX
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Whale Activity Signals Potential Volatility for $SOL as Major Players Reposition and Prepare for Potential Offloading
- The Solana ($SOL) market is seeing significant activity from whales, indicating a potential shift in market dynamics.
- A major whale recently bought 50,000 SOL for $6.77 million at a lower price, suggesting market optimism and potential repositioning.
- The same whale had previously sold 122,921 SOL for $28.23 million and is now buying back at a more favorable price.
- Whale activities like these often signal market trends, with some preparing for a bull market amidst current price fluctuations.
- Another whale unstaked 236,568 SOL worth $32.13 million, possibly indicating an upcoming offload, adding selling pressure to $SOL.
- FalconX deposited 340,000 SOL ($46.8 million) on major exchanges, hinting at potential further selling pressure on Solana.
- Market volatility is expected as whales reposition and prepare for potential offloading, impacting SOL's price.
- Whales' actions reflect a mix of optimism and selling pressure, leading to uncertainty about the future trajectory of SOL's price.
- Solana's recent price fluctuations are influenced by whale activities and market dynamics, signaling a period of volatility ahead.
- Investors are advised to conduct thorough research before making cryptocurrency investment decisions amid these market uncertainties.
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NullTX
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Solana Sees $8.5 Billion in USDC Minted by Circle, While Struggling to Maintain Position in DeFi Rankings
- Activity on Solana blockchain has surged in 2025, especially around the minting of USDC by Circle in the DeFi space.
- $8.5 billion USDC has been minted on Solana by Circle since January 2025, with $6 billion in January and $2.5 billion in February.
- Despite the significant USDC minting, Solana has fallen out of the top 10 revenue-producing protocols in DeFi rankings.
- The minting activity reflects USDC's popularity as a primary stablecoin on Solana, essential for trading and liquidity in DeFi.
- Solana's capability to handle large-scale stablecoin transactions is crucial for its positioning in the DeFi landscape.
- However, Solana's network instability issues have impacted user confidence, leading to competition from other smart contract platforms.
- Stablecoins like USDC and USDT continue to dominate the DeFi scene, while Solana faces challenges in the DEX ecosystem.
- Other DeFi leaders like PancakeSwap, Uniswap, HypeSwap, Lido Finance, and Jito Labs are gaining prominence in the market.
- Solana must address network stability, attract developers, and enhance user experience to regain its position among leading DeFi platforms.
- The rapid minting of USDC on Solana by Circle emphasizes its role in the stablecoin and DeFi space, but Solana faces challenges in maintaining its ranking.
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Cryptopotato
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Crypto Price Analysis February-28: ETH, XRP, ADA, BNB, and SOL
- Ethereum (ETH) has lost support at $2,400, falling by 21% in the past week. A critical level for ETH is $2,000, and if lost, it may enter a bear market.
- Ripple (XRP) closed the week with a 23% loss and faces a strong support level at $2. If it falls below, the rally could be over.
- Cardano (ADA) lost key support at $0.64 and experienced a 25% price drop. Further decline to $0.45 is possible.
- Binance Coin (BNB) fell by 12% and lost support at $600. Potential support levels for BNB are at $550 and $500.
- Solana (SOL) registered a 27% loss in the past week and is approaching the critical support level at $100.
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TronWeekly
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Solana Set to Vote on Bold Proposal: SIMD-0228 to Reduce Inflation by 80%
- Solana is set to vote on a proposal, SIMD-0228, to reduce token inflation from 4.5% to 0.87%.
- The proposal aims to adjust SOL emissions based on staking participation and aims to stabilize the token supply.
- Some smaller validators are concerned that the new model could favor larger players and lead to the concentration of staking rewards.
- The upcoming vote is crucial for Solana's tokenomics and its success will depend on weighing the potential benefits against the risks of reduced staking rewards and market pressures.
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Moneyweb
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Bitcoin down 25% from all-time high as crypto rout worsens
- Bitcoin is down more than a quarter from its all-time high as the crypto rout worsens.
- During Asian trading hours, Bitcoin fell 5.5% to $79,627, hitting its lowest level since November 10.
- The selloff reflect concerns about President Donald Trump's combative stance and broader worries about the US economy.
- Investors dumped shares following Trump's latest comments on tariffs, leading to a broad risk-off shift among Asian investors.
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Cryptonews
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SOL Plunges as Solana TVL Drops and Pump.fun Launches Down
- Solana's native token (SOL) and total value locked (TVL) have both dropped over 40%, reflecting a major decline in usage and investor confidence.
- Over US$1 billion in assets left the network in three months, mostly migrating to Ethereum and newer blockchains like Sui and Base.
- The memecoin market on Solana plummeted more than 60%, with Pump.fun's recent hack amplifying losses and damaging trust further.
- Solana's native cryptocurrency, SOL, is trading below US$137 (AU$219), representing a 52% drop from its all-time high of US$295 (AU$474) on January 19.
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Cryptoninjas
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SOL Experiencing Downtrend: TVL Drops, Memecoin Mania Wearing Off and Price at Risk of Falling Below $110
- The Total Value Locked (TVL) in Solana has dropped 40% in the past month, indicating a decline in network activity.
- The fading memecoin frenzy on Solana has contributed to periods of stagnation for SOL's price.
- In technical terms, the SOL price is expected to reach $110 before finding strong support.
- Solana is experiencing a significant retracement after a period of remarkable growth influenced by DeFi innovation and memecoin popularity.
- The drop in Solana's TVL by 39.2% over the past 30 days is the largest recorded in the ecosystem since 2022.
- A decreasing TVL can signal declining user adoption, developer activity, and confidence in the network.
- Not all Solana-native DeFi protocols were equally impacted by the TVL drop, with platforms like Raydium experiencing a significant plunge.
- The decline in DeFi activity has led to lower on-chain volumes, with trading volumes dropping from $97 billion to $11 billion a week.
- The crash of Solana memecoins reflects dwindling investor risk appetite and enthusiasm for speculative plays within the ecosystem.
- From a technical analysis perspective, SOL's price is showing bearish signals, potentially facing a corrective move towards the $110-120 range.
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