Tag: Solana

Solana Price Crashes to $182 as Jump Crypto Sells $205M SOL for Bitcoin

Key Notes Jump Crypto sold 1.1 million SOL tokens worth $205 million and immediately purchased $265 million in Bitcoin within minutes. Derivative markets showed increased short positioning with futures volume rising 7% and a long/short ratio of 0.93 indicating bearish sentiment. The decline threatens Solana’s $100 billion market cap milestone despite recent approval of the first spot Solana ETFs in the United States. Solana SOL $182.2 24h volatility: 7.2% Market cap: $100.03 B Vol. 24h: $8.33 B price tumbled to $182 on Oct. 30, recording an intraday decline of nearly…

Solana price dips as Jump Crypto swaps $205m SOL for Bitcoin

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Crypto market maker and trading platform Jump Crypto has swapped about $205 million in Solana for Bitcoin, onchain data shows. Summary Jump Crypto transferred 1.1 million Solana tokens valued at $205 million at the time to Galaxy Digital. The firm swapped that for 2,455 Bitcoin valued at around $265 million. Solana price dropped to lows of $180 amid overall crypto market weakness. Jump Crypto, a key player in the digital assets industry, executed the transfer on October 30, 2025, with data shared by Lookonchain showing the firm converted 1.1 million…

Solana (SOL) Drops Toward Support — Bulls Eye Potential Recovery Base

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Solana vs Ethereum ETFs, Facebook’s influence on Bitwise: Hunter Horsley

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In the lead-up to this week’s surprise listing of its Solana Staking ETF on the New York Stock Exchange, Bitwise CEO Hunter Horsley caused a stir by telling Cointelegraph that Solana’s shorter validator exit queue gave it the edge over Ethereum in the staking ETF race. Bitwise chief investment officer Matt Houghan went much further on a podcast, praising Solana’s speed, throughput and finality as “extraordinarily attractive.” He labelled it “the new Wall Street.” The glowing endorsements were controversial among Ethereum fans, some of who seemed to believe Bitwise was…

Solana (SOL) Weakens Again — Break Below $200 Opens Door For Further Decline

Solana failed to stay above $200 and corrected gains. SOL price is now trading below $200 and might decline further if it dips below $192. SOL price started a downside correction below $200 against the US Dollar. The price is now trading below $198 and the 100-hourly simple moving average. There was a break below a bullish trend line with support at $198 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $192 zone. Solana Price Corrects…

Fidelity Enables Solana Trading For US Brokerage Clients Amid SOL ETF Approval

Key Notes Asset manager Fidelity with $5.8 trillion AUM now offers SOL trading to clients, matching its Bitcoin and Ethereum offerings. Hong Kong’s securities regulator greenlit ChinaAMC’s Solana spot ETF for October 27 launch, ahead of US approval expectations. Market momentum pushed Solana’s price from $180 to $192, making it the top performer among major cryptocurrencies that day.Reintentar. Solana SOL $191.5 24h volatility: 5.6% Market cap: $104.68 B Vol. 24h: $7.04 B secured another major institutional endorsement on October 23 after asset management firm Fidelity listed its native coin, SOL,…

Citadel CEO Kenneth Griffin Discloses 4.5% Stake in Solana Treasury Firm DeFi Development Corp

Key Notes Griffin’s investment through Citadel entities totals 1.3M shares in the Solana-focused treasury company. DeFi Development Corp’s SOL holdings show 67% unrealized gains since April 2025 acquisition. Technical analysis indicates potential SOL breakout toward $260 if price sustains above $190 resistance. Kenneth Griffin, founder and CEO of Citadel, disclosed a 4.5% beneficial ownership stake in DeFi Development Corp, a Nasdaq-listed firm that adopted the Solana SOL $178.5 24h volatility: 6.0% Market cap: $97.75 B Vol. 24h: $7.56 B treasury reserve strategy in April 2025, according to a Schedule 13G…

Deep Dive: Bitcoin Flushes But Holds Major Support, Ethereum, Solana, XRP Technical Analysis

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Chief Market Strategist Gareth Soloway deep dives into the chart of Bitcoin, discussing how important the $110,000 level is the bull case and new all-time highs. He goes over the key downside support, should it break and as long as it holds, the upside target. Next, he analyzes the chart of Ethereum, looking at the key technical trading levels and forecast. Lastly, he gives the key chart levels on Solana and XRP. Through this video, not only do investors and traders get…

Hong Kong Approves First Solana ETF

Key Notes Hong Kong approves the first-ever Solana spot ETF. SOL trading volume jumps 40% to $8 billion amid growing investor optimism. Analysts predict Solana’s strong fundamentals could drive institutional adoption. Hong Kong has officially approved its first Solana SOL $184.6 24h volatility: 4.1% Market cap: $100.88 B Vol. 24h: $8.46 B spot ETF, marking another step in the city’s plan to become Asia’s leading crypto hub. The Hong Kong Securities and Futures Commission (SFC) granted approval on October 22 for the ChinaAMC Solana ETF. According to a report by…