Solana (SOL) fell sharply, down over 25% in a week, as Bitcoin dropped below $60,000, dragging altcoins lower amid macroeconomic pressures. SOL is at a critical support level, with traders watching for either a rebound or further decline, influenced heavily by Bitcoin's next move. Trading volume has decreased significantly, indicating cautious market sentiment. Regulatory uncertainty and potential FTX-related asset sales add to downside risks, while short-term traders hope for a technical bounce if Bitcoin stabilizes.
Pump.fun, a Solana-based memecoin launchpad, has introduced GO, a bounty platform where users can earn crypto rewards for completing daring tasks like skydiving into a World Cup match or getting tattoos. The platform quickly gained over 230 active bo...
Solana's price fell to around $62.90, down 4.7% in 24 hours and nearly 30% over the past month, pressured by large institutional transfers to exchanges signaling potential selling. Technical indicators show SOL breaking below key moving averages and ...
Bitcoin dropped below $61,000, hitting an intraday low of $59,227, causing $172 million in leveraged long liquidations within an hour. The selloff was triggered by stronger-than-expected US jobs data, which raised expectations of less Federal Reserve...
Solana's price has dropped nearly 80% from its all-time high, marking eight consecutive red monthly candles—the longest losing streak in its history. The RSI indicator shows Solana is more oversold now than during the 2022 FTX crash, indicating extre...
Solana's price fell to $61, its lowest in 31 months, driven by institutional investors selling off their holdings due to mounting losses. SOL Spot ETFs turned negative after a month of gains, signaling growing bearish sentiment. The altcoin's Relativ...
