Tags: Solana (SOL)

Solana’s price was down mid-April by 50% since its January peak. But it also just rounded out a bullish falling wedge pattern with another positive indicator: a classic cup and handle.

Big Solana investors and traders are offloading the asset in anticipation of a major token unlock. 

ADA shot up by 30%, XRP by 18%, and SOL by 14%.

Santiment says the market often goes in the opposite direction of the crowd’s expectations, so SOL may rally soon even as bearish sentiment abounds.

BTC has dumped to a two-week low of its own.

The Solana hype appears to have fizzled out as SOL continues to tank amid a meme coin meltdown. 

BNB surged 22.2% in a week, outperforming the broader crypto market, while SOL’s decline reflects growing market volatility among altcoins.

The chances of Solana ETF proposals getting approved in the coming weeks have risen significantly, with the crypto-friendly Atkins leading the U.S. SEC.

Bitcoin saw $1.9 billion in weekly inflows despite minor outflows from short positions during price gains.

SOL has stolen the show today in the cryptocurrency space.

Altcoins, except Ethereum, saw a surprising inflow last week despite lackluster price performance.

Investors showed confidence in Ethereum, pushing $51 million in inflows, as Solana faced $8.7 million in outflows during the same period.

The rise of AI-driven meme coins, a $400 billion stablecoin market cap, and crypto IPOs will mark 2025’s turning point.

BNB’s derivatives market activity has also spiked, with 301% volume growth and a 40% open interest increase, supporting the recent rally.

Some lesser-known tokens are outperforming expectations, but OGs like Bitcoin, Ethereum, and Solana remain strong.

The native cryptocurrencies of Ripple, Cardano, Solana, and The Open Network rallied by double digits as expectations of a favorable crypto environment rose.

Solana’s meteoric rise to $262.93 highlights growing interest as top issuers submit ETF applications, sparking optimism for approval in 2025.

While Ethereum still faces challenges in breaking past its peak, Solana has made a strong recovery from FTX’s collapse.

Altcoins have finally awoken with many of them hitting double-digit gains following the announcement of SEC Gary Gensler’s departure from the agency. 

Solana’s valuation swelled to $87.3 billion, joining other altcoins like Dogecoin in posting double-digit gains amid a general market uptrend.

Matthew Sigel discusses the regulatory challenges and potential for approval of a Solana ETF under a new SEC Chair.

Solana ETF approval faces mounting skepticism as market response stays flat, unlike Bitcoin and Ethereum surges.

GSR Markets predicts Solana’s price could surge 9x with potential ETF approvals, akin to Bitcoin’s history.

Pantera Capital previously aimed to secure $250 million in March to buy FTX Solana tokens, winning a discounted batch the very next month.