Category: Solana

Solana Price Jumps 22% After Trump Announces Crypto Strategic Reserve

Solana’s price soared 22% after Trump announced plans for a U.S. Crypto Reserve, boosting investor confidence in digital assets.

Solana (SOL) experienced a whopping 22% price growth to $172.38 after a prominent statement by U.S. President Donald Trump. Trump revealed that he would include Solana, XRP, and Cardano in a new Crypto Strategic Reserve designed to support the U.S. crypto market. Trump’s statement was a clear rejection of the Biden administration policies, which he claimed were hindering the pace of growth within the digital asset market. Trump’s statement, “I will see to it the U.S. becomes the Crypto Capital of the World,” charged up crypto investors.

Solana’s market cap is currently at $87.5 billion, a 23.63% gain in 24 hours. Its trading volume was up 134.07% to $8.79 billion, showing massive trading volume. Solana has a circulating supply of 507.59 million SOL, with its fully diluted value well over $103 billion. The other cryptocurrencies were also lifted by the news, as Cardano (ADA) was up 70%, XRP 31%, and Bitcoin (BTC) at 5.5%. Experts forecast that this new policy change may promote institutional adoption, paving the way for long-term cryptocurrency growth.

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Anatoly Yakovenko: Bitcoin Has No Real Value,Here’s Why

Summary: Solana co-founder Anatoly Yakovenko sparked debate on X saying, “Bitcoin has no value.” He said that unlike stocks or real estate, Bitcoin doesn’t offer future cash flows, therefore is a form of insurance against unprecedented global catastrophes.

Yakovenko put the probability of a superpower falling apart at 1% per year and stated he is willing to invest 1% of his fortune in an asset that could withstand such a collapse. He also took issue with Bitcoin for not having technological advancements in its 15-year history and wondered how its value could be quantified without a definite financial model.

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His statements provoking mixed responses. Some drew comparisons between Bitcoin and gold, a hedge commodity in periods of inflation. Journalist Laura Shin responded that the simplicity of Bitcoin makes it global and that its $1 trillion market cap is evidence of its value.

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Yakovenko insisted, insisting that companies like Apple could be valued by earnings, but Bitcoin cannot be quantified in terms of such metrics. The arguments continue to rage, yet there is one certainty: what is valuable is decided by the market.

Solana Drops Under $160 Amid FTX Unlock Fears – More Selling Ahead?

Solana (SOL) dropped below $160 as FTX’s upcoming token unlock sparks fears of a sell-off, with investors bracing for impact.



Solana (SOL) just slipped under $160, and things aren’t looking great. The crypto tanked over 8% on Feb 24, hitting $148.46—its lowest price this year. Even now, it hasn’t fully bounced back, trading around $156.

The big worry? A massive 11.2 million SOL token unlock from FTX on March 1. That’s $1.77 billion worth of SOL potentially flooding the market. If too many tokens get dumped at once, prices could take another hit, making investors even more nervous.

Solana’s been struggling lately. It’s down 35% this month and lost 13% just last week. Its market cap shrank by $10 billion, now at $78 billion. Even trading on Solana’s DEXs has dropped by 37%, showing that investors are stepping back.

Whales are shorting SOL also. In the past week, put options (which pay off more if prices drop) constituted 25% of all transactions in Solana derivatives. In other words, whales expect continued losses.

Next? If unlocked tokens pour on the market, SOL can only go lower. But if buying is robust, then all this may calm down. Either or, everyone anxiously awaits March 1.

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Solana on the Edge: Can SOL Hold or Drop to $125?

Solana (SOL) is struggling, and investors are getting nervous. Having shot past way beyond $250 in the past, SOL is now fighting to stay above $170. If it fails to hold the crucial support levels, experts are warning it could fall down to as low as $125.

At the moment, SOL is hovering around $172 after briefly slipping to $169.19, down nearly 5% in the past 24 hours. The biggest concern? A flood of new tokens hitting the market. FTX’s bankruptcy proceedings will soon unlock 11.2 million SOL (worth $9.7 million), adding selling pressure at a time when demand is weak. On top of that, another $1.6 billion in SOL is set to unlock in March, making things even riskier.

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From a technical standpoint, SOL is still stuck in a downward trend. If the $160 support level holds, a bounce back to $180–$185 is possible.But if it does collapse, the subsequent lower point could be $150 or even lower, with the most bearish pushing it down to $125.

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Fueling the speculation, recent examples of scams such as $LIBRA and $TRUMP rug pulls have tested investor faith. For the moment, all are waiting to determine whether or not buyers will panic in and support SOL—or if a worse crash is in the cards.

Whale Withdraws $20.8M in SOL from Binance—Is a Price Surge Incoming?

A crypto whale moved $20.8M in SOL from Binance, sparking speculation. Traders are betting on $162.8 as strong support.


A crypto whale just made a major move, pulling 123,500 SOL (worth $20.8M) out of Binance, according to Lookonchain. Big transfers like this usually hint at accumulation, but so far, Solana’s price hasn’t popped—it’s still chilling around $172.

Solana recently dipped below its $180 support and is now under the 200 EMA, signaling a bearish trend. Right now, SOL is hovering between $160 and $180, and unless it breaks past $190, it might stay stuck. If it drops below $160, we could see another 20% crash to $120.

But not all are bearish. Data from Coinglass shows that traders have stacked $145M worth of long positions above $162.8, indicating that they are confident this level will resist. In the event that enough buyers come in, SOL could bounce back.

It’s a waiting game for now—will the whale’s shift trigger a rally, or do we have more dips ahead? Solana traders are crossing their fingers.

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Solana Slips Under $170 as Memecoin Scams Shake Investor Confidence

Solana’s price dips below $170 due to dropping network activity, memecoin scams, and FTX token unlock—trust issues growing.



Yo, Solana’s price is plummeting, falling below $170, and everyone’s talking about it. The coin is down 9% today, at $167.57, and it’s not looking good. So, what’s happening?

Overall, network activity is declining. Not as many users are utilizing Solana for applications such as trading and DeFi initiatives, and when the network’s idle, the price goes down. Crypto analysts also pointed out that major holders are cashing out coins, with accounts holding more than 100 SOL decreasing by 2.24% in the recent past.

On top of that, Solana’s DEX volume is tanking by 24%, while Binance Smart Chain is thriving, with its DEX volume up nearly 50%.

But the real kicker? Memecoin scams. Solana’s had some sketchy memecoins recently, like the LIBRA token that crashed by 94%, leaving traders with huge losses. It turns out, the same wallets behind LIBRA were involved in the Melania Trump memecoin scam. Yeah, not a good look.

Investors are losing faith, and with $2.06 billion in SOL about to be unlocked from the FTX bankruptcy, things could get even worse. Solana’s in a tough spot right now, with FUD hitting hard.

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XRP Eyes $8 Amid Growing ETF Approval Speculation

XRP price climbs amid ETF approval speculation, with analysts predicting $8 if approved, despite risks of potential corrections.



XRP’s price has been on a really steady rise lately, boosted by its partial legal victory over the SEC. With the hope of a potential ETF approval, the price could surge even higher. Analysts are speculating that if XRP gets its own spot ETF, the price could hit $8, though that’s still uncertain.

While February started off shaky, XRP has climbed 2% in the past 24 hours and is up 8% from its low point of $2.26 earlier this month. Traders are getting increasingly optimistic that the SEC might approve a spot XRP ETF, and everyone’s watching closely to see how this plays out.

The RSI (Relative Strength Index) is at 41.95, near the lower band, which could be a sign of a price bounce. Crypto analyst CoinsKid also suggests that XRP is showing signs of a bullish reversal, with a possible parabolic move to the $8 level.

But there is also the risk of a major correction if the tide turns. The chart analysis is showing that XRP might witness a reversal to lower levels of $0.82 or $0.38 if it doesn’t work out.

With expectation building around the hope of ETF approval, everyone is holding its breath for the SEC, with rumors hinting at the official announcement about to be made.

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Solana Crypto Bridge Volume Soars to $10.1B in 2025, Up 114%

Summary: Solana’s crypto bridges have seen a massive surge in activity, reaching $10.1 billion in total inbound volume as of February 2025—a 114% jump from the previous year. USDC leads in bridged assets, while deBridge is gaining ground on Wormhole. Despite the growth, Ethereum still dominates cross-chain transfers.

Solana’s crypto bridges are experiencing explosive growth, with total inbound volume hitting $10.1 billion by February 10, 2025. This marks a staggering 114% increase from the $4.7 billion recorded in February 2024, reflecting heightened activity across the network.

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According to blockchain analyst h4wk on Flipside, USD Coin (USDC) remains the most bridged asset, accounting for $3.9 billion in inbound volume and $4.7 billion outbound. Ether (ETH) follows with $2 billion, while Solana’s native token (SOL) recorded $1.5 billion inbound and $1 billion outbound.

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Wormhole has long been Solana’s dominant bridge, handling $7.3 billion in total transactions. However, deBridge is now making waves, surpassing Wormhole’s weekly volumes by 12% in February.

While Solana’s bridge activity remained modest for most of 2024, things accelerated between November and January. During this three-month period, over $6 billion flowed through its bridges, with $1.1 billion in November, $2.5 billion in December, and $3.2 billion in January.

Despite its rapid growth, Solana still trails Ethereum in cross-chain transfers. Ethereum bridges processed $38 billion in the same timeframe, with even its weakest month—April 2024—outpacing Solana’s strongest month.

Canary’s Solana ETF Advances in SEC Review Process

Canary just filed for a Solana ETF, following Grayscale. SEC is reviewing, and a decision could shape future altcoin ETFs.

Canary Capital is making moves in the crypto space by officially filing for a Solana (SOL) exchange-traded fund (ETF), following Grayscale’s similar filing last week. This marks a step forward in bringing Solana into mainstream finance, with the SEC now reviewing the “Canary Solana Trust.”

The SEC has opened a 21-day public comment period, giving the public a chance to weigh in. After that, they’ll decide whether to approve, deny, or extend the decision. A lot of crypto experts are hopeful that Solana and other altcoins will get their own ETFs this year, but no one’s sure exactly when that will happen or in what order. The vibe under the SEC’s new leadership seems more open to crypto compared to when Gary Gensler was in charge.

If Canary’s ETF gets the green light, it’ll make it easier for traditional investors to buy Solana the same way they buy Bitcoin through ETFs. Grayscale’s Solana ETF is a bit ahead in the process, and its outcome could give us a glimpse of how the SEC might handle Canary’s application. It’s an exciting time for Solana and altcoins in the finance world!

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Law Firms Take Legal Action Against Pump.fun for Misusing Memecoins and Logos

Two major U.S. law firms are suing Pump.fun for allowing shady memecoins that misuse their names, logos, and employees’ images.


Two of the most prominent law firms in the United States, Burwick Law and Wolf Popper LLP, are taking action against Pump.fun, a wild memecoin platform on Solana. They fired off a cease-and-desist letter demanding the removal of more than 200 tokens allegedly ripping off their names, logos-even employees’ faces.

One token, humorously named “Dog Shit Going NoWhere” (DOGSHIT2), is receiving serious heat over allegedly copying the firms’ names and creating legal and financial chaos. The lawyers say these aren’t just joke coins; they are part of a bigger scam to confuse investors, tamper with litigation, and threaten people.

This drama dates back to Jan 30, this year, when the firms sued Pump.fun for pushing risky, unregistered securities and running pump-and-dump schemes. They claim the platform, run by UK-based Baton Corporation, made nearly $500M from sketchy tactics.

Pump.fun, which just hit $3.3B in trading volume thanks to Trump-themed memecoins, hasn’t responded yet. But if they don’t clean up, legal trouble could wreck them. The lawyers warn that any more IP violations will bring more lawsuits, hinting this could turn into a long, ugly legal battle.

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