Noticias

According to Foresight News, Cointelegraph reports that data from Solscan indicates a significant decline in the daily issuance of memecoins on the Solana blockchain. The issuance has dropped to 40,000, marking the lowest level since December 25, 2024.

According to Odaily, Arthur, the founder of DeFiance Capital, shared on X that he participated in an over-the-counter transaction through Galaxy, acquiring $SOL tokens at $64 each. Upon receiving the unlocked tokens, Arthur stated he has no intention of selling any of them. He expressed confidence that the price of SOL will rise significantly in three months.

According to PANews, Solana co-founder Toly recently expressed his views on Bitcoin's value in response to community members. He stated that Bitcoin holds no intrinsic value and is best considered as insurance. Toly explained that, based on his life experiences, there is a 1% annual chance of a superpower collapsing. In such a scenario, he believes it is worthwhile to allocate 1% of one's wealth to assets that might retain value. He emphasized that this approach is not an investment but rather a cost, with no guarantee of success. Toly noted that Bitcoin could serve this purpose whether its price is $100,000 or $10,000, and that its effectiveness is largely unrelated to technology, aside from its initial innovation 15 years ago.

According to Odaily, the cryptocurrency Solana (SOL) has surpassed the 140 USDT mark, currently trading at 140.05 USDT. This represents a 24-hour increase of 0.32%.

According to Odaily, market sources indicate that the Chicago Mercantile Exchange (CME) is planning to introduce Solana (SOL) futures on March 17.

According to Odaily, the cryptocurrency Solana (SOL) has surpassed the 140 USDT threshold, currently trading at 140.07 USDT. This marks a 24-hour increase of 0.91%.

According to Foresight News, Solana ecosystem's multi-signature management tool, Squads, has announced its proactive steps in response to recent developments involving Safe and Bybit. The team is conducting a comprehensive review of its infrastructure to minimize the risk of attacks. Additionally, Squads is collaborating with the Solana Foundation to integrate transaction parsing within the Solana browser and implement transaction parsing in the Range interface. The team is also developing educational content focused on signing high-value transactions and verifying transaction data.

According to Cointelegraph, Solana (SOL) has experienced a significant price drop, falling nearly 9% in a single day and approaching a critical threshold of $130, a level not seen since September 18, 2024. This decline is accompanied by two crucial indicators on Solana's daily chart that are nearing a bearish crossover, suggesting the possibility of further declines below $100. The 50-day and 200-day exponential moving averages are on the brink of forming a 'death cross,' a pattern historically seen as a negative signal for cryptocurrencies. This technical setup raises concerns about Solana's price trajectory. Currently, SOL is positioned between the 0.5 and 0.618 Fibonacci retracement levels, known as the 'golden zone.' The $130 mark has previously served as a robust support level during a six-month consolidation period in 2024, aligning closely with the 0.618 level. Given this context, Solana may consolidate and establish a bottom between $130 and $150 in the coming weeks, considering the historical and technical significance of these levels. A daily close below $130 could lead to a retest of the liquidity pocket between $120 and $110, as indicated by the chart analysis. The relative strength index (RSI) for Solana has dropped below 30 for the first time since June 2023. Historically, when the RSI has reached such oversold levels, it has often signaled a trend bottom, indicating the potential for a price reversal or an oversold bounce in the short term. The recent price movements have significantly impacted Solana's market sentiment and visibility. Crypto commentator Miles Deutscher noted that the altcoin's sentiment is at a one-year low, describing the current situation as Solana's 'capitulation moment.' Similarly, data analytics platform Santiment reported that most investors are bearish on major cryptocurrencies, including Bitcoin, Ethereum, XRP, and Solana. This bearish sentiment opens the possibility for a mean reversion for Solana. Following a 50% correction, the potential for a deeper decline may be limited. The upcoming SOL token unlocks are widely anticipated by investors, and it is possible that this event has already been factored into the current price. This article does not provide investment advice or recommendations. All investment and trading decisions involve risk, and readers are encouraged to conduct their own research before making any decisions.

According to Odaily, data from DefiLlama indicates that Jupiter's revenue soared to $10.88 million in the past 24 hours, potentially linked to time.fun. This figure surpasses pump.fun's revenue of $2.42 million during the same period, placing Jupiter at the forefront on the Solana platform. Additionally, pump.fun's revenue has declined by 84% from its peak of $15.38 million on January 25.

According to BlockBeats, Solana's SIMD-0228 proposal is now open for consideration, as reported by Cointelegraph on February 26. The proposal seeks to transition SOL issuance to a market-driven model, with voting expected to occur in approximately 10 days.The proposal establishes a target staking rate of 50% to enhance the network's security and decentralization. If more than 50% of SOL is staked, the issuance will decrease, thereby reducing yields to discourage further staking. Conversely, if less than 50% of SOL is staked, the issuance will increase to boost yields and encourage staking. The minimum inflation rate is set at 0%, while the maximum inflation rate will be determined based on Solana's current issuance curve.

According to Foresight News, Solana has announced the launch of the Paxos stablecoin USDG on its network. As of February 24, the total issuance of stablecoins on the Solana network has reached a record high of $11.6 billion.

Concerns Rise Over Selling Pressure as Solana Faces Major Unlock EventCrypto market maker Wintermute has withdrawn over $38.2 million in Solana (SOL) from Binance, sparking concerns about potential selling pressure ahead of Solana’s largest-ever token unlock. According to Arkham Intelligence data, the withdrawal took place within the last 24 hours, just days before 11.2 million SOL tokens—valued at approximately $2 billion—are set to enter circulation on March 1.Solana Price Hits 3-Month Low Amid Market FearsThe Solana price has dropped more than 7.5% in the past 24 hours, reaching $155, its lowest level since November 2024, according to Cointelegraph Markets Pro. Analysts warn that the upcoming token unlock could trigger significant selling pressure, as many of these tokens were purchased at discounted rates in FTX auctions by major firms like Galaxy Digital, Pantera Capital, and Figure.Crypto Analysts Warn of Potential Mass Sell-OffAccording to crypto analyst Artchick.eth, over 15 million SOL (worth approximately $2.5 billion) will be unlocked over the next three months, further increasing supply. Many of these tokens were acquired at $64 per SOL in FTX auctions, allowing large investors to realize substantial profits.Galaxy Digital: Stands to gain $3 billionPantera Capital: Could realize $1 billion in profitsFigure: May see $150 million in gainsCrypto trader RunnerXBT described this period as “dangerous” for SOL investors, warning that major firms have little incentive to hold their allocations in a declining market.Solana Sentiment Worsens After Memecoin ScandalAdding to market concerns, the recent Libra (LIBRA) memecoin scandal—endorsed by Argentine President Javier Milei—has eroded trust in the Solana ecosystem. The alleged rug pull drained over $107 million in liquidity, triggering a 94% price collapse and wiping out $4 billion in investor capital.With worsening market sentiment and a massive supply increase looming, investors are closely watching whether Solana’s token unlock will trigger further downside pressure in the coming weeks, according to Cointelegraph. 

According to Foresight News, Lookonchain has reported that since January 1, 2025, the Solana network has minted 8.25 billion USDC. This significant activity highlights the ongoing developments and usage within the Solana blockchain ecosystem.

According to Binance market data, the long/short ratio for SOL/USDT Perpetual Contracts is 4.63, with Long dominating. Currently, the funding rate is -0.0052%.

According to BlockBeats, on February 22, Franklin Templeton officially submitted an S-1 filing to the U.S. Securities and Exchange Commission (SEC) for a spot Solana ETF.

According to Odaily, the cryptocurrency Solana (SOL) has surpassed the 180 USDT mark, currently trading at 180.01 USDT. This marks a 24-hour increase of 4.75%.

According to Binance market data, the long/short ratio for SOL/USDT Perpetual Contracts is 4.41, with Long dominating. Currently, the funding rate is 0.0006%.  

According to BlockBeats, Toronto-based cryptocurrency holding company Sol Strategies has announced an increase in its SOL holdings. Between February 7 and February 14, 2025, the company acquired an additional 12,456 SOL tokens. As of February 14, 2025, Sol Strategies and its subsidiaries collectively hold approximately 226,798 SOL tokens.

According to Odaily, the cryptocurrency Solana (SOL) has surpassed the 170 USDT mark, currently trading at 170.05 USDT. This marks a 24-hour increase of 4.43%.