Tag: Solana

Solaxy Presale Explodes to $17M as Solana Beats Ethereum in Monthly Revenue

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For the first time ever, Solana has beaten Ethereum in monthly revenue. Solana made around $116M in January 2025 as compared to Ethereum’s $107M. This makes a massive 96% month-on-month increase for Solana – it made $59M in December 2024. On the flip side, Ethereum’s revenue took a 39% dip during the same period. The last year was fantastic for Solana. For context, it made only $6M in January 2024, and in just one year it has managed to topple Ethereum. The number of active addresses on Solana has skyrocketed,…

Solana Will Drop To $211 If It Fails To Break Key Resistance Level – Analyst

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Solana (SOL) is facing severe selling pressure as it tests key demand levels, with bears gaining control after a failed breakout above all-time highs. The price has struggled to maintain momentum, and investors are now watching for critical support levels that could determine Solana’s next move. Related Reading After an explosive rally earlier this year, SOL is now at risk of breaking lower as market sentiment turns uncertain. Top analyst Carl Runefelt shared a technical analysis on X, revealing that Solana might retest a horizontal resistance if it breaks down…

Trump Effect? Solana Stablecoin Supply Jumps 73% Since Mid-January

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Coinbase (COIN) Files Paperwork To List Solana (SOL), Hedera (HBAR) Futures

Coinbase Derivatives, a subsidiary of the crypto exchange, has filed documents with the Commodity Futures Trading Commission (CFTC) to list Solana (SOL) and Hedera (HBAR) futures. The exchange plans to launch the product on Feb 18., with new contracts being cash-settled on a monthly basis, according to the filing. The contract size for the Solana futures would be 100 SOL, currently worth roughly $24,000, if approved. It would also offer “nano” Solana contracts with five SOL. Hedera futures would be sized at 5,000 tokens. The move comes after several players…

Solana Restested A Key Level And Now Faces Resistance – Breakout Next?

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Este artículo también está disponible en español. Solana (SOL) has been navigating extreme volatility as the broader market shifted from bearish to bullish within hours yesterday. After experiencing a sharp 25% decline from its all-time high (ATH) in less than two weeks, SOL tested a crucial demand level and is now making an attempt to recover lost ground. Related Reading Investors remain divided on whether Solana has bottomed or if another pullback is on the horizon. However, early signs suggest buyers are stepping in, defending key technical levels. Top analyst…

Solana ‘Still Wants Lower’ As Meme Coins Face A Major Shakeout – Analyst

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Este artículo también está disponible en español. Solana has faced significant downward pressure in the past few days, dropping over 15% as the broader crypto market experiences a selloff driven by speculation and uncertainty. Meme coins, which have been a major catalyst for Solana’s recent growth, are now seeing massive losses, raising concerns about the blockchain’s short-term outlook. With meme coin projects struggling, Solana’s ecosystem is taking a hit, as these tokens have contributed significantly to its transaction volume and network activity. Related Reading Top analyst IncomeSharks shared a technical…

Solana (SOL) at Risk: Could More Losses Be on The Horizon?

Solana started a fresh decline below the $250 support. SOL price is consolidating and might face resistance near the $235 and $242 levels. SOL price started a fresh decline below the $250 and $240 levels against the US Dollar. The price is now trading below $240 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $235 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if the bulls clear the $242 zone.…

Solana Plunges 12%, But This Pattern Could Mean Decline Isn’t Over Yet

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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…

Solana Active Addresses Surge To 832K Per Hour Outpacing Ethereum Amid TRUMP Meme Coin Hype

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Este artículo también está disponible en español. Solana has been navigating a highly volatile market environment ever since the launch of the TRUMP meme coin, which has brought unprecedented attention to its ecosystem. Price action has been erratic, leaving many investors uncertain about the network’s short-term direction. While some are predicting a broader market retrace, the Solana ecosystem’s underlying metrics tell a different story of growth and resilience. Related Reading According to key data from Glassnode, the TRUMP meme coin launch has sparked a surge in activity within the Solana…