Solana Retraces TRUMP Meme Pump Gains – But Technicals Suggest A $300 Run
Solana (SOL) faced a brutal selloff yesterday, mirroring the broader market collapse triggered by escalating U.S. trade war fears. The price plummeted over 19% in less than 24 hours, wiping out weeks of gains and sending shockwaves through the crypto market. Investors are now bracing for more volatility, as the bearish momentum could extend into the week ahead. Related Reading: Bitcoin Price Must Hold Above $97K To Sustain Momentum – Metrics Top analyst Jelle shared a price chart on X, highlighting that Solana has completely retraced the TRUMP meme coin pump. The rapid decline saw SOL drop....
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Bitcoin (BTC) and other cryptocurrencies are experiencing renewed selling pressure as escalating trade tensions between the United States and China lead to fresh tariffs on both sides. The largest cryptocurrency dropped to as low as $91,000 on Monday, while major altcoins like Ethereum (ETH) and Solana (SOL) also faced losses. CME Bitcoin Futures Open Interest Drops 4% The most recent installment of tariffs comes after the US enacted a 10% tax on all items from China, leading China to respond with its own tariffs on certain US imports, such as oil and liquefied natural gas, starting....
Pump.fun, one of the popular launchpads on Solana, has been making headlines with its $PUMP token surging 77% over the past week. In July, the project initiated a buyback program and put its profits back into $PUMP, rewarding diamond hands with a price increase in the process. Despite $PUMP dipping since its $0.012 ATH in early July, Pump.fun’s recent marketing efforts and creator rewards have helped push the token to a $0.0087 peak, sparking talks of a full recovery and a potential rally. This uptick reflects strong community support and highlights just how popular Pump.fun’s creator....
Bitcoin and the entire crypto market experienced a rollercoaster of volatility yesterday, plunging on fears of a U.S. trade war before staging a rapid recovery. The price dropped over 9% in just a few hours, hitting a low of $91,530, only to bounce back by more than 12% following reports that President Trump is negotiating with Mexico and Canada to lift tariffs. This shift in sentiment quickly fueled renewed optimism across the market. Related Reading: Solana Retraces TRUMP Meme Pump Gains – But Technicals Suggest A $300 Run Top analyst Daan shared a technical analysis on X, highlighting....
Solana, Solana, Solana – even while the market’s number-5 crypto came roaring back in 2024, the blockchain remains plagued with network failures and congestion. And now, with crypto degens spamming Pump.fun meme coins and the biggest of big-name promoters jumping into the space, those issues are getting worse. Savvy crypto users are already looking for […]
Solana’s bridges have recorded insane volumes ($10B+) since 2021, but their performance over the last 3-4 months has been particularly breathtaking. Although the total volume increased by a massive 114% in the last year (i.e., since February 2024, when it was just $4.7B), the months of November, December, and January recorded $6B in inbound volume just between them. The most bridged asset in the Solana ecosystem was $USDC, with an all-time inbound volume of $3.9B. It was followed by $ETH, which registered nearly $2B. It’s worth noting, however, that it’s not just the....