News with the tag "SOL price analysis"

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. Following the historic hack of the ByBit exchange and Presi...

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. Market sentiment remains negative, limiting any upward movement. SOL is currently testing key support near $130, raising ...

Despite setbacks, bear markets, and other factors, Solana has maintained its position among the top-performing cryptocurrencies. However, its recent downtrend concerns investors, as the Solana (SOL) price has declined nearly 50% from its 2024 high of $264. More importantly, the price has dropped 15%...

Solana price crashed by 15% on Tuesday as the recent meltdown continued. This plunge coincided with the weak ecosystem metrics, which show that its active users, core developers, commits, and DEX volume have dropped. So, will the SOL price rebound as it becomes highly oversold? Solana Price Plunges ...

The Solana meme coin market is heating up, showing a 5.7% increase in the past 24 hours, now worth $10.8 billion. Despite the looming $1.7 billion SOL unlock, these Solana meme coins present potential for explosive growth. Investors are eyeing these tokens for their ability to outperform the market,...

The Solana (SOL) price is navigating a bearish zone, failing to recover from the recent crypto market crash. Notably, the Solana blockchain demonstrated exceptional performance in Q4 2024 and January 2025, with several key metrics showing significant growth. However, the Solana price is caught withi...

Solana price has experienced fluctuations, mirroring the broader crypto market’s sideways movement. After reaching a recent high, SOL has seen notable volatility. Analysts are now closely monitoring key support levels, predicting a potential breakout toward $420. Market sentiment remains mixed, leav...

Pump.fun, a Solana-based meme coin launchpad, recently deposited 116,055 SOL, valued at $28 million, to cryptocurrency exchange Kraken. The transaction, reported by Lookonchain, comes amidst an ongoing class action lawsuit targeting the creators of Pump.fun for allegedly exploiting users and violati...

Cryptocurrencies have started the new year on a bullish note, with Solana (SOL) price soaring above $200 for the first time in almost two weeks. This rebound may accelerate in the near term as crypto investors anticipate the approval of a SOL ETF. The rally may also be because of the January Effect,...

Solana price has erased some of the gains made on Christmas Eve as most cryptocurrencies rallied. This sell-off has led to an increase in whale activity, with some notable ones swapping the SOL token for Hyperliquid’s HYPE. So, does the Solana coin have more gains to run or is the rally over? Solana...