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The Solana price plummeted 13% in the last week and 6% in the past 24 hours to trade at $166.93 as of 11:21 p.m. EST on trading volume that skyrocketed 49% to $7.5 billion. The drop in the SOL price has been attributed to the supposed “rug pull” of the LIBRA token , which was allegedly orchestrated by Argentine President Javier Milei, who promoted it in a now-deleted post on X, leading to a wave of lawsuits. Meanwhile, the crypto market also took a 3% drop to a $3.2 trillion market capitalization, according to Coingecko . Solana Price Analysis: Downtrend Persists Amid Bearish Indicators The SOL price has been in a clear downtrend, as depicted by the descending wedge pattern on the 4-hour chart. The Solana price recently broke below this pattern, further confirming the bearish momentum. After a strong bullish rally in mid-January, SOL reached a peak near $280 before reversing into a declining structure. The chart indicates that the downtrend started forming lower highs...

The Solana price dropped 3% in the past 24 hours to trade at $234.57 as of 02:32 a.m. EST on trading volume that plunged 44% to $5 billion. This retracement in the SOL price comes as the Cboe BZX exchange refiled 19b-4 filings for spot Solana ETFs (exchange-traded funds) from Bitwise, VanEck, 21Shares, and Canary Capital after the US Securities and Exchange Commission (SEC) reportedly rejected the applications last year. UPDATE: @CBOE just re-filed all of their Solana ETF 19b-4s for @vaneck_us, @CanaryFunds, @BitwiseInvest & @21Shares pic.twitter.com/CUogAWBl6u — James Seyffart (@JSeyff) January 28, 2025 Solana Price Indicators Show A Price Correction The 4-hour chart Analysis shows that Solana experienced a strong rally in mid-January, reaching an all-time high of $293.31, according to Coingecko data.  However, since then, SOL has retraced, forming a falling wedge pattern, which is typically characterized by lower highs and lower lows. Currently, SOL is tradin...

As Bitcoin rises above $100,000, excitement builds for potential gains, not just from Bitcoin but from other emerging altcoins. While Bitcoin continues to deliver steady returns, investors are increasingly turning to altcoins for explosive growth opportunities in 2025. Analysts predict a potential FOMO rally, especially in the bull market, and here are five altcoins worth considering for explosive gains this year. Let’s dive into these promising contenders. Wall Street Pepe (WEPE) Wall Street Pepe (WEPE) has impressed investors despite market volatility. Its presale has now reached $53 million, adding $5 million in just a week, making it one of the hottest crypto projects of 2025. To buy $WEPE tokens, visit the official Wall Street Pepe website, link a Web3 wallet like Best Wallet, and use ETH, USDT, BNB, or a credit card. You can also stake your $WEPE tokens to earn up to 24% APY. To learn more about how to buy Wall Street Pepe tokens, check out our detailed guide. W...

Trading platform Robinhood has re-listed Solana (SOL) at over $216 a year after it removed the crypto and sold any remaining coins for just $16. Multiple users on X (formerly Twitter) slated today’s re-listing, which came as Cardano (ADA), PEPE, and XRP were also added to the platform. “Will never forgive Robinhood for de-listing SOL at $16,” one user said, while crypto sleuth ZachXBT claimed that Robinhood forced its users to sell their coins, causing “ massive losses .” He asked, “What changes will Robinhood be making to regain trust so users are not forced to exit positions again in the future?”  Your team forced Robinhood users to sell SOL at ~$16 during the bear market now it is $216 causing them massive losses. What changes will Robinhood be making to regain trust so users are not forced to exit positions again in the future? — ZachXBT (@zachxbt) November 13, 2024 Read more: How Jump helped US Robinhood users trade offshore at FTX Robinh...

Cryptocurrency investors and commentators noticed this Saturday morning, August 17, that Solana (SOL) ETF filings disappeared from the Chicago Board Options Exchange (Cboe), raising a bearish sentiment and potentially affecting the token’s price. Notably, Cboe removed the 19b-4 filings for VanEck and 21Shares’ spot Solana ETFs from its website, raising concerns. On X, content creators and commentators speculate on a possible withdrawal of these filings from their issuers. Despite approving Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds, the Securities and Exchange Commission (SEC) did not show intent to approve Solana’s trusts amid investigations of SOL being an unregistered security.  Picks for you SUI price Analysis as the so-called "Solana killer" loses momentum 17 ho...

The altcoin market seems to be recovering as of late. The leading cryptocurrency, Bitcoin, has touched the $70K mark once again, triggering several altcoins to surge and spark a new price path. Solana has also been showing stellar price moves, as SOL recently moved to claim the $193 mark. Will it be able to breach past $250 this weekend? Let’s find out. Also Read: Low-Risk Cryptocurrency Under $0.01 That Can Outperform Shiba Inu SOL ana- SOL -is-unlocking-new-achievements-nbsp"> Solana : SOL Is Unlocking New Achievements Source – Forkast Solana is currently on a path that guides crypto to claim new milestones. According to Degen News, SOL has recently flipped Ethereum in the total transaction fees and MEV tips sectors. The portal shared that this is the first time in history that SOL has claimed such a milestone. “BREAKING: SOLANA FLIPS ETHEREUM IN TOTAL TRANSACTION FEES AND MEV TIPS ON THE WEEKLY FOR THE FIRST TIME IN HISTORY.” BREAKING: SOLANA FLIPS ETHEREUM IN TOTAL T...