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Solana News
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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Bitcoinsensus
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DTCC Lists First Set of Solana Futures ETFs
- Depository Trust and Clearing Corporation (DTCC) lists the first set of Solana futures ETFs, Volatility Shares 2x Solana ETF (SOLT) and Volatility Shares Solana ETF (SOLZ).
- This listing does not guarantee automatic approval from the SEC, but it represents an important step towards it.
- Volatility Shares -1x Solana ETF has not been listed, but the company is working on getting it approved.
- The development of Solana Futures ETFs is a significant development in the evolving regulations and crypto landscape.
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Bitcoinist
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Solana’s Uptrend In Sight? Gaussian Channel Support Points To Potential Price Reversal
- Solana's price has experienced a significant decline in the past week, falling by nearly 23%.
- A bullish Gaussian Channel pattern on SOL's chart indicates potential for an upside momentum and price recovery.
- The mid-band of the Gaussian Channel is currently providing support for Solana, and a price reversal may be expected.
- However, the bearish pressure from meme coins fatigue and the upcoming $1.7 billion SOL token unlock pose challenges for Solana's price.
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TronWeekly
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Volatility Shares’ First Solana Futures ETFs Launch on DTCC
- Volatility Shares has launched the first Solana futures exchange-traded funds (ETFs) listed on the Depository Trust & Clearing Corporation (DTCC).
- Coinbase Derivatives LLC introduced CFTC-regulated Solana futures contracts, indicating potential approval prospects for Solana ETFs.
- The SEC has received filings for spot Solana ETFs, reflecting growing interest in Solana as an investment product.
- The launch of Solana futures ETFs and Coinbase's Solana futures contracts signify the increased integration of Solana into mainstream financial markets.
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Newsbtc
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Solana Bulls Push For A Price Recovery Amid Market Volatility
- 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.
- The renewed strength brings the 100-day Simple Moving Average (SMA) into focus, a critical barrier for SOL's recovery.
- Potential risk of another bearish turn with a possible drop below the $137 mark, but $118 zone might act as a key level of stability.
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Bitcoinist
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Solana Drops 50%—Asset Manager Warns ‘The Casino Is Collapsing’
- Solana (SOL) has dropped 50% in the past five weeks.
- The decline is attributed to market volatility, upcoming FTX estate unlock, and speculative frenzy in memecoins.
- Crypto asset manager Travis Kling warns about the potential unraveling of the investment thesis of 'owning the casino.'
- Kling also highlights the negative impact of memecoin speculation and mentions the potential bullish catalyst of the approval of spot Solana ETFs.
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TronWeekly
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Solana Futures ETFs Gain Recognition as DTCC Adds SOLZ and SOLT
- The Depository Trust & Clearing Corporation (DTCC) has listed two Solana futures exchange-traded funds (ETFs) - SOLZ and SOLT.
- SEC approval for the Solana ETFs remains uncertain, creating risk for investors.
- The listing of Solana ETFs on the DTCC platform could pave the way for institutional adoption.
- Coincodex analysts predict a 53.74% price increase for Solana by 2025, depending on market and regulatory conditions.
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