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Solana offers investors “two ways to win,” giving it “explosive” growth potential as it expands in the stablecoin and tokenization markets, said Bitwise CIO Matt Hougan. Hougan said in a post  on X that Solana can win from the expected growth of the stablecoin and tokenization sectors, as well as from capturing a larger market share of those sectors. He said Solana’s edge lies in its fast, user-friendly technology and expanding ecosystem, citing Western Union’s decision this week to launch its stablecoin, USDPT, on Solana as evidence of growing momentum in the network’s stablecoin infrastructure. ”I think people dramatically underestimate how much and how quickly these technologies will remake markets,” he said. ”It’s easy for me to imagine this market growing by 10x or more.” Ethereum Leads The Market, But Solana Is Gaining Ground Ethereum currently leads the stablecoin and tokenization infrastructure ma...

A widely followed crypto analyst is laying out his thoughts on the future price action of a slate of altcoins. Crypto trader Ali Martinez tells his 160,000 followers on the social media platform X that the layer-1 platform Sui Network (SUI) is on the verge of a rally. “I just went long on SUI! Strength is undeniable and could be one of the fastest to recover. As long as $2.60 holds, a breakout to new all-time highs looks very likely.” Source: Ali Martinez/X Moving on to the popular meme token Dogecoin (DOGE), Martinez says the dog-based altcoin is on the verge of a rebound. “As long as $0.16 holds, Dogecoin DOGE still has a strong shot at rebounding toward $0.48.” Source: Ali Martinez/X Looking at the decentralized finance (DeFi) layer-1 blockchain Sei (SEI), the analyst foresees a bull run in the near future. “Nothing has changed! SEI still eyes a bullish breakout to $0.90. Mark my words.” Source: Ali Martinez/X Finally...

A crypto strategist known for accurately calling the 2021 digital asset cycle top believes Ethereum (ETH) is on the verge of an explosive move to the upside. The analyst pseudonymously known as Pentoshi tells his 884,200 followers on X that ETH may increase more than 15% its current value in the coming weeks after a period of price consolidation. “ETH maybe a little chopsolidation but then we see it teleport above $5,000 in the next couple weeks in my opinion. A little patience goes a long ways here.” Source: Pentoshi/X ETH is trading for $4,314 at time of writing, down 2.9% in the last 24 hours. Next up, he says that Solana (SOL) may soon print new all-time highs if the ETH rival breaks through resistance in the mid-$200 range. “SOL very similar to ETH in that sense.” Source: Pentoshi/X SOL is trading for $219 at time of writing, down 1% on the day. Looking at Floki (FLOKI), the analyst says the memecoin may be printing a bullish pat...

Solana (SOL) is experiencing a steady inflow of capital as anticipation builds around the launch of the first-ever Solana staking exchange-traded fund (ETF) in the United States. Over the past week, Solana’s market capitalization has increased by $12.23 billion, rising from $68.32 billion to $80.55 billion, representing a 17.9% rise. Solana one-week market cap chart. Source: CoinMarketCap This capital inflow has coincided with a price rally, with SOL trading at $151, up 16% on the week and nearly 1% in the past 24 hours. While the broader crypto market is benefiting from easing geopolitical tensions in the Middle East, Solana’s gains are being significantly driven by optimism surrounding the upcoming ETF. To this end, ETF provider REX Shares is nearing the launch of its REX-Osprey Solana Staking ETF, having reportedly addressed key regulatory concerns with the Securities Exchange Commission (SEC).  The ETF is designed to offer investors expo...

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In one of the most surprising turns for the cryptocurrency market this year, Solana’s Pump.fun has seen its revenue plummet 95% in March of 2025. Indeed, the meme coin creation platform has fallen drastically since it was surging early to start the year and into February. The downturn has been rather shocking for many. Specifically, last month, it has seen daily fee revenue reach heights of 12,000 SOL, or $2 million. Yet, that is now averaging at 1,000 SOL a day, or just $100,000 in daily revenue through the first 18 days of the month. Source: Mudres Also Read: Pump.Fun Officially Banned in the UK Pump.fun Struggles as Daily Fee Revenue Falls to Just $100,000 In early 2025, the meme coin market had been thriving. Moreover, that success had been seen in Solana’s Pump.fun meme coin creator platform. Indeed, in January, the platform kicked off the new year with $14 million in revenue. However, things have fallen quite far since. The success of the entity continued into February...

Circle, the company behind one of the leading stablecoins, minted $250 million worth of USDC today, on February 7. Issued on Solana, the amount represents a US dollar inflow into the crypto ecosystem, hinting the bull market is back. As detailed by Whale Alert ( @whale_alert , on X), the mint occurred on Solana, costing 0.00031 SOL in fees. The receiver address was the pre-labeled USDC Treasury account, which currently has a $474.41 million balance, as per SolanaFM . USDC Treasury account | 3emsAVdmGKERbHjmGfQ6oZ1e35dkf5iYcS6U4CPKFVaa. Source: Whale Alert Interestingly, over $10 billion of the $55 billion capitalization of USDC was minted in the last 30 days. This represents a significant share of the available tokens, according to usdc.cool , who called the data “INCREDIBLE.” Picks for you Flare launches Flare Fair, a virtual DeFi fa...

The Solana price is down more than 9% on the weekly time frame following a 3% drop in the last 24 hours to trade at $207.74 as of 10:40 p.m. EST as investors dump their holdings in the crypto. With the negative trend the SOL price has been in over the last 7 days, the altcoin’s monthly performance has been pushed 4% into the red zone as well. Solana Price Drops Below A Support Level 4-hour chart for SOL/USD (Source: GeckoTerminal) The Solana price dropped below the support level at $209.38 in the last couple of hours, and has since been trying to reclaim a position above the mark. If SOL is able to recover within the next 8 hours, it could rise to as high as $225.33 in the short term. On the other hand, the Solana price failing to close a 4-hour candle above $209.38 within the next 8 hours could lead to a more bearish scenario playing out in which traders start to short the altcoin. This potential sell pressure might result in a test of the immediate support level at $195....

The Solana price prediction requires a swift upward movement, surpassing both the 9-day and 21-day moving averages, to fend off bearish pressure in the market. Solana Prediction Data: Solana price now – $259.0 Solana market cap – $125.73 billion Solana circulating supply – 486.64 million Solana total supply – 592.64 million Solana Coinmarketcap ranking – #5 Solana (SOL) has experienced remarkable growth since its all-time low of $0.5052 on May 11, 2020, rising by an astounding +51,604.84%. Recently, the token’s price fluctuated between a low of $244.59 and a high of $269.81 in the past 24 hours, with its all-time high reaching $294.33. Despite a -$11.25% drop just five days ago on January 19, 2025, the overall performance of SOL highlights its impressive recovery and upward trajectory since its early days. SOL/USD Market Key Levels: Resistance levels: $305.0, $315.0, $325.0 Support levels: $205.0, $195.0, $185.0 SOLUSD – Daily Char...

The Solana price dropped more than 4% in the last 24 hours to trade at $188.45 as of 9:53 p.m. EST as investors decrease their exposure to the altcoin. With this recent drop in the SOL price, the altcoin has nudged its weekly and monthly performances deeper into the red zone. Solana Price Resting On A Support Level 4-hour chart for SOL/USD (Source: GeckoTerminal) The Solana price is resting on a support at $187.35 following a rejection from a resistance at $198.38 in the last 48 hours, according to GeckoTerminal data . Should the altcoin fall below $187.35 within the next 12 hours, it could be at risk of plunging to the next technical safety net at $174.47.  However, the Solana price maintaining a position above $187.35 for the next 12 hours could bring an end to the crypto’s price drop. In this more bullish case, SOL might try to break above the aforementioned $198.38 resistance level again. A successful breach of this barrier could then give the Solana price the fou...

While Ethereum-based tokens dominated previous cycles, with Shiba Inu setting benchmarks in 2021 and Pepe gaining traction in 2023, Solana appears poised to lead the next wave. Solaxy (SOLX) is a Layer 2 blockchain built on Solana’s infrastructure, currently in its presale phase. It aims to solve issues like congestion, failed transactions, and scalability, offering faster, more efficient, and cost-effective transactions to support growth in the meme coin market. How Solaxy tackles Solana’s scalability issues with cutting-edge customization and performance Solaxy is positioned as a groundbreaking Layer 2 solution on Solana, designed to enhance blockchain performance by neutralizing common issues such as network congestion, failed transactions, and scalability limitations. The project focuses on offering smoother, faster, and more cost-effective transactions, addressing pain points that have often hindered Solana’s performance. The creators of Solaxy emphasize its...