SOLANA (SOL) Price, Analysis, Predictions, and Calculator

According to Milk Road, Solana's decentralized exchange (DEX) volumes have significantly decreased, marking a 94% drop from their peak. This downturn could indicate a shift in trader interest or market dynamics within the Solana ecosystem.

According to MilkRoadDaily, Solana's DEX volume is rapidly decreasing, with 95% of $SOL gas fee revenue being generated by only 0.95% of wallets on the chain. This indicates a significant concentration of activity among a very small fraction of users, which could have implications for the network's decentralization and overall health.

According to Crypto Rover (@rovercrc), Franklin has filed for a Solana (SOL) ETF with the CBOE, which is considered a bullish signal for Solana's market prospects. This move could potentially increase institutional interest and liquidity for SOL, marking a significant development in the cryptocurrency ETF space.

According to Crypto Rover, the SEC has delayed its decision on several cryptocurrency ETFs, including VanEck Spot Solana ETF, Canary Spot Solana ETF, Canary Spot XRP ETF, Grayscale Spot XRP ETF, Canary Spot Litecoin ETF, and Grayscale Spot Dogecoin ETF. This delay could impact the trading strategies of investors looking to gain exposure to these cryptocurrencies through ETFs.

According to Gordon (@AltcoinGordon), a notable figure in the cryptocurrency community, he reportedly purchased SOL at $290. This move could indicate a strategic investment in Solana, considering its market position and potential for growth. The purchase price suggests a belief in SOL's value proposition and future performance in the crypto market.

According to Gordon (@AltcoinGordon), Solana (SOL) is predicted to reach a price target of $1,000. This projection suggests a significant bullish outlook for SOL, indicating potential trading opportunities for investors looking to capitalize on this anticipated growth.

According to MilkRoadDaily, over 70% of the total onchain trading volume is dominated by just three blockchains: Solana, Binance's BNB Chain, and Ethereum. This highlights the significant market share these platforms hold in the cryptocurrency trading space.

According to AltcoinGordon, Solana has recently received recognition from the White House, signaling a potential surge in its market value. The tweet emphasizes the importance of investing in Solana-related assets now, highlighting $FINE as a top-tier meme coin with the fastest reflections every 2-3 minutes, offering passive income opportunities. The source suggests that many may overlook this opportunity, urging traders to consider it.

According to Milk Road, 90% of all onchain trading volume is concentrated in just 6 decentralized exchanges (DEXs). PancakeSwap leads on BNB Chain, Uniswap dominates Ethereum, and AerodromeFi is the top DEX on Base. On Solana, RaydiumProtocol holds 14% of the market share, with MeteoraAG and Orca each capturing 7%.

According to Gordon (@AltcoinGordon), there is a strong belief in the potential for SOL to reach $1K, indicating a bullish outlook on Solana's future market performance. This sentiment suggests a strategic trading opportunity for those looking to invest in SOL at higher valuations.

According to Dave (@ItsDave_ADA), in the last 7 days, 122 unique addresses on Solana have each sent over 100k transactions daily, accounting for 44.2% of all transactions in this period. This high concentration of transactions from a small number of addresses raises concerns about the authenticity of the reported volume on Solana.

According to Ai 姨 (@ai_9684xtpa), the trading volume of $MELANIA, a memecoin with a market cap nearing $800 million, has drastically dropped to just $2 million in 24 hours. This is only 1.4% of $TRUMP's 24-hour trading volume of $147 million, indicating a significant loss of interest among retail investors in $MELANIA, marking a pivotal moment in the Solana memecoin trend.

According to Crypto Rover, a new meme token on Solana, identified by the contract address E61GYSjBEHaXR5kdhUQrD4F3VmhR2DDthHogrt9TyEpF, is being promoted as the fastest reflections token. This token is unique in its narrative and wouldn't work with any other meme, suggesting a specific niche or utility that could attract traders looking for innovative projects on Solana.

According to Gordon (@AltcoinGordon), $KARATE is making significant strides in the crypto sports and entertainment sector by creating the BONK stadium in Miami, launching on Solana, and organizing top-tier events. These developments position $KARATE as a leading player in the crypto sports league.

According to Santiment, Friday's cryptocurrency market experienced significant volatility, with a strong focus on Bitcoin's price movements and discussions around the Strategic Bitcoin Reserve. Additionally, there has been a notable increase in interest towards Solana and memecoins in recent days, indicating shifting trader attention within the crypto space.

According to Crypto Rover, XRP is positioning itself at the forefront of the upcoming alt season, with potential for XRP memes to go parabolic, especially as Solana memes face struggles. Additionally, PHNIX is showing incredible strength among memecoins, indicating a strong buy signal for traders looking into meme coin investments.

According to Lookonchain, Circle has minted an additional 250M $USDC on the Solana blockchain, bringing the total minted since January 1, 2025, to 9.5B $USDC. This significant increase in $USDC supply on Solana could indicate growing demand for stablecoin liquidity on the platform, potentially impacting trading volumes and liquidity pools. Source: Lookonchain tweet dated March 7, 2025.

According to Lookonchain, Circle has minted an additional 250M $USDC on Solana, bringing the total minted since January 1, 2025, to 9.5B $USDC. This significant increase in $USDC supply on Solana could indicate growing demand or utility for the stablecoin within the Solana ecosystem. Source: Lookonchain Twitter

According to Ai 姨 (@ai_9684xtpa), the top wallet address 9hD5w...jn49o invested 18 $SOL ($2560) to purchase 17.69 million $GrokCoin at a low price of $0.0001447. Within 6 minutes, they sold $18,000 worth of tokens to break even, while still holding 92.6% of their initial investment, which is now floating at a profit of $185,000, marking a 7946% return on investment.

According to Hamster Kombat, recent market volatility has led to $1 billion in liquidations, primarily due to tariff turmoil. Additionally, the Hamster Network has achieved a significant technological milestone by reaching 34,028 TPS, surpassing Solana's performance. In a notable move, a Mt. Gox wallet transferred $1 billion worth of Bitcoin, adding to the market's instability.

According to Crypto Rover, NFTs are experiencing a resurgence on Solana, largely due to a free mint initiative led by SrPetersETH. This event has reignited interest and bullish sentiment in the NFT market, particularly on the Solana blockchain.

According to AltcoinGordon, Franklin Templeton, a $1.5 trillion asset manager, has stated that Solana's DeFi ecosystem will challenge Ethereum's dominance. This prediction suggests a bullish outlook for Solana, with expectations of its value reaching $1,000 rapidly.

According to Cas Abbé, Circle has minted an additional $250M worth of USDC on Solana, contributing to a total of over $9.5B minted in 2025 alone. This liquidity, primarily held on exchanges, indicates potential for imminent market activity.

According to Phantom, the wallet is enhancing user experience by allowing new users to easily create a wallet and purchase SOL, BONK, JUP, USDC, and TRUMP with just a few taps. Additionally, Phantom plans to make it easier to buy a wider range of Solana tokens directly from Token Pages in the near future.

According to Crypto Rover, a recent giveaway has been completed with five winners each receiving $400. Participants were required to respond with their Solana wallet addresses to claim the prize. This kind of engagement can potentially increase the visibility and followers of crypto influencers, impacting market sentiment and trading volumes around promoted cryptocurrencies.

According to Crypto Rover's recent announcement on Twitter, five winners will receive $400 each in Solana, potentially impacting short-term Solana trading volumes as winners receive and possibly trade their winnings. This event could see an uptick in Solana transactions and liquidity as recipients engage with the market (Crypto Rover, March 5, 2025).

According to @AltcoinGordon, traders need to revise their strategies in response to recent rug pulls and celebrity-driven coin launches. The focus should shift away from impulsively investing in new tokens with Solana (SOL) without adequate analysis, as this could lead to significant losses. The emphasis is on adapting to market conditions and strategically evaluating investment opportunities to mitigate risks and enhance portfolio resilience.

According to WallStreetBulls, cryptocurrencies based in the U.S., such as XRP, ADA, and Solana, have been declared 100% tax-free, potentially increasing their attractiveness for traders. However, Bitcoin (BTC) and Ethereum (ETH) are notably excluded from this tax exemption, which may impact trading strategies and investment decisions for these specific assets.

According to The Kobeissi Letter, major cryptocurrencies and stocks have experienced significant declines since Monday. Solana (SOL) led the losses with a 24% drop, followed by Ripple (XRP) at 21.1%, Ethereum (ETH) at 18%, and Bitcoin (BTC) at 12.5%. These declines indicate potential market volatility and trading opportunities for short-sellers and risk-averse traders. Moreover, stocks such as Robinhood (HOOD), Nvidia (NVDA), and Tesla (TSLA) also faced substantial declines, suggesting a broader market downturn across different asset classes.

According to Hamster Kombat (@hamster_kombat), the Hamster Network has achieved a transaction speed of 34,028 transactions per second (TPS), which is 3.5 times faster than Solana's capability. This development highlights Hamster Network's potential in providing a scalable infrastructure for decentralized applications. Additionally, the network is set to launch an accelerator program aimed at supporting builders to develop decentralized applications without the burden of high gas fees and scalability challenges. These advancements are poised to enhance trading efficiency and attract more developers to the Hamster Network.

According to WallStreetBulls, a call has been made for the XRP Army, ADA Army, and Solana Army to unite in a collective effort. This suggests potential coordinated market actions or increased community engagement, which could impact trading volumes and price movements for XRP, ADA, and Solana tokens.

According to WallStreetBulls, there is a strong opinion against excluding XRP, ADA, and Solana from the U.S. strategic reserve. The tweet suggests that those who oppose the inclusion of these cryptocurrencies should reconsider their stance. This indicates a belief in the potential value and strategic importance of these digital assets within national reserves, which could impact their market perception and trading value.

According to AltcoinGordon's tweet, there is speculation in the market about Solana (SOL) reaching a price target of $1,000. This statement has sparked discussions among traders regarding Solana's potential growth trajectory and market conditions required to achieve such a target. Traders are considering factors like network upgrades, adoption rates, and overall market sentiment as critical to driving SOL's price towards this ambitious level. It is important to note that this target is speculative and should be approached with caution. (Source: AltcoinGordon's Twitter)

According to Lookonchain, a whale recently unstaked 79,530 SOL valued at $10.86M. Previously, on November 8, 2023, this whale withdrew 200,000 SOL worth $8.6M from Binance when the price was $43 per SOL. On November 6, 2024, the same whale unstaked and deposited 120,000 SOL, equivalent to $22.2M, back to Binance. The whale's current holdings stand at 98,727 SOL. This activity suggests potential market impact due to significant shifts in SOL liquidity and trading volumes.

According to Lookonchain, a cryptocurrency whale deposited $2 million USDC into Hyperliquid to long Solana (SOL). The whale has strategically placed multiple limit orders ranging between $100 and $131.82 for SOL, indicating a bullish stance on the asset. This activity could signal potential upward momentum in SOL's price, attracting traders' attention to closely monitor SOL's market movements.

According to Crypto Rover, Solana has achieved the highest volume among all blockchains in monthly decentralized exchange (DEX) volume for the fifth consecutive month. This consistent performance underscores Solana's growing dominance in the DEX market, making it a critical focus for traders looking to leverage high-volume blockchain ecosystems.

According to AltcoinGordon, David Sacks confirmed that he sold all of his Bitcoin, Ethereum, and Solana holdings before the Trump administration began to avoid potential conflicts of interest. This move may have influenced market dynamics as a high-profile investor adjusted his portfolio (source: AltcoinGordon).

According to The Kobeissi Letter, President Trump was expected to propose forming an America-first crypto reserve that would prioritize digital coins founded in the US, including Solana, USD Coin, and Ripple. This strategic move could impact the trading dynamics of these cryptocurrencies, potentially increasing their demand within the US market.

According to The Kobeissi Letter, Cardano ($ADA) has surged by 64%, while Ripple ($XRP) and Solana ($SOL) have increased by 30% and 21%, respectively, following a recent announcement. However, Bitcoin and Ethereum were notably absent from this announcement, which has been a point of interest for investors.

According to CrypNuevo, a volatile week is anticipated for Bitcoin (BTC) as former President Trump announced the creation of a Crypto Strategic Reserve. This announcement is aligned with the bull market support, suggesting a potential market bottom in the $76k-$78k range. CrypNuevo has taken a bullish position by acquiring assets like Solana (SOL) and Ethereum (ETH).

According to Crypto Rover, former President Trump announced that 'other valuable cryptocurrencies' will be included in the US Crypto Reserve alongside Bitcoin, Ethereum, Solana, XRP, and Cardano, signaling an official acknowledgment of these digital assets as part of a national reserve strategy. This move could potentially influence market perceptions and investment strategies in the cryptocurrency sector, encouraging traders to consider a broader range of digital assets for portfolio diversification.

According to The Kobeissi Letter, Solana (SOL) prices have surged over 15% following President Trump's announcement of a 'Crypto Strategic Reserve' that includes XRP, SOL, and ADA. This development may influence traders to consider strategic positions in these cryptocurrencies as governmental endorsement can enhance market confidence and liquidity. The announcement has prompted increased trading activity and could potentially lead to further price volatility and opportunities in the short term.

According to Mihir (@RhythmicAnalyst), comparing Ethereum and Solana is futile due to their different developmental priorities. Ethereum prioritized stability and security initially and is now aiming to reduce fees and enhance scalability. In contrast, Solana focused on achieving low fees and high scalability first and is now working on improving system stability.

According to Omkar Godbole, Solana is experiencing a surge in onchain gambling activities, with a notable increase in interest around memecoins. This trend suggests that Solana might be emerging as a new hub for such speculative investments, potentially affecting trading volumes and price volatility on the Solana network.

According to Lookonchain, Circle has minted an additional 250 million USDC on the Solana blockchain, bringing the total amount of USDC minted by Circle since January 1, 2025, to 8.75 billion. This substantial minting activity indicates a significant increase in demand or strategic liquidity positioning in the market. Traders should monitor USDC's role as a stablecoin in trading pairs and its impact on liquidity conditions across exchanges, especially on Solana. Source: Lookonchain.

According to Lookonchain, Circle has minted an additional 250 million USDC on the Solana blockchain, contributing to a total of 8.75 billion USDC minted since January 1, 2025. This ongoing minting activity indicates strong demand for USDC, potentially impacting trading volumes and liquidity on Solana-based platforms. Source: Lookonchain.

According to trevor.btc, the Founder of Solana has stated that 'Btc has no value', which could influence traders' perceptions of Bitcoin's market position. This statement may impact trading strategies focused on Bitcoin, potentially affecting its market liquidity and investor confidence.

According to Phantom, the company released multiple products in February 2025, which could influence trading activities related to the Solana blockchain. These releases are significant for traders as they may affect the usability and security of transactions within the Solana ecosystem. Source: Phantom's tweet on March 1, 2025.

According to Crypto Rover, Bitcoin is expected to double in value, Ethereum to quadruple, Solana to quintuple, and other altcoins to increase twentyfold by the year 2025. These predictions suggest a significant bullish trend in the cryptocurrency market that traders should monitor carefully for long-term investment strategies.

According to Miles Deutscher, the number of new addresses on Solana has declined by 53% this month, mirroring the peak decline from last summer. This substantial decrease in new addresses is a key on-chain metric that may suggest Solana is approaching a bottom. Traders should consider this data when evaluating potential entry points for $SOL investments.

According to Crypto Rover, Solana's price volatility is significant, with a comparison of prices at $290 and $130, indicating potential trading opportunities as the market fluctuates.

According to Crypto Rover, Ethereum's current trading price is equivalent to its price in April 2021, indicating no net gain for investors who purchased ETH at that time. In contrast, Bitcoin has appreciated by 42%, Solana by 430%, and the S&P 500 by 49% over the same period, highlighting Ethereum's underperformance in the market. This information is relevant for traders evaluating the comparative growth potential of different assets. Source: Crypto Rover.

According to AltcoinGordon, $KARATE has launched on the Solana blockchain and announced a new 15,000 sq ft facility in Miami in collaboration with BONK. The project, which is being compared with a $1 billion company, currently has a market cap of only $30 million. This strategic move could significantly impact its trading potential as it positions itself as a major player in the crypto sports league market.

According to Lookonchain, large cryptocurrency holders are increasing their Solana ($SOL) holdings. Specifically, the wallet AHdUMw...qMnj withdrew 54,544 $SOL, valued at $7.46 million, from Binance two hours ago. Additionally, wallet 7i6FUR...kp5J withdrew 41,096 $SOL, worth $6.96 million, from Binance one hour ago and subsequently staked these funds. This activity indicates a strong whale interest in $SOL, which may influence trading strategies.

According to Crypto Rover, a significant transfer of 2.243 million Solana, valued at $324.62 million, was made to Coinbase, raising concerns of a potential sell-off. The movement of such a large amount of Solana to an exchange typically indicates potential selling activity, which could impact Solana's market price. Traders are advised to monitor Solana's price closely for any volatility resulting from this transfer.

According to Crypto Rover, CME Group is set to launch Solana (SOL) futures on March 17, which is seen as a bullish development for $SOL. This move by CME Group, a major derivatives marketplace, could increase institutional interest and trading volume in SOL, potentially leading to price appreciation. The introduction of futures can also provide traders with more hedging opportunities and liquidity. (Source: Crypto Rover)

According to AltcoinGordon, a prominent figure in the cryptocurrency community, there is speculation about Solana potentially reaching a $1,000 price point. However, this statement lacks supporting data or analysis, making it speculative rather than a concrete trading insight.

According to Trader Tardigrade, Solana is demonstrating two bullish technical analysis patterns on the 4-hour chart. The first pattern, known as the 'Three Pushes Pattern', indicates that SOL has completed a sequence of three lower lows (P1, P2, and P3). A trend reversal could be confirmed if SOL breaks through the established red resistance line. Additionally, the Relative Strength Index (RSI) has shown two consecutive bullish signals, suggesting potential upward momentum. These indicators are crucial for traders considering entry points as they suggest a possible bullish reversal, contingent upon resistance line breakthrough (source: Trader Tardigrade).

According to @bolsaverse, AO distinguishes itself from Ethereum and Solana by eliminating blocks, hash chains, and global state validation. Instead, it utilizes infinite shards, allowing each process to operate independently, which could potentially enhance transaction efficiency and scalability in trading.

According to jesse.base.eth, Base is anticipated to be twice as fast as Solana, suggesting potential for improved transaction efficiency and scalability. This could enhance Base's competitiveness in the blockchain market, attracting traders interested in high-speed transactions.

According to Milk Road (@MilkRoadDaily), Solana ($SOL) has experienced significant volatility since 2021, undergoing six major pullbacks ranging from 35% to 95%. These fluctuations present both risks and opportunities for traders looking to capitalize on Solana's price movements.

According to AltcoinGordon, Pump Fun has successfully generated $600 million from the Solana ecosystem over the past year and has converted the entire amount to fiat currency. This significant conversion indicates a potential exit strategy or portfolio rebalancing move from the Solana ecosystem, impacting the trading dynamics and liquidity of Solana-based assets. Traders should observe any market shifts or liquidity changes in Solana-related trading pairs.

According to @ThinkingUSD, Solana has been criticized for its past market practices, likening its financial strategies to 'financial fentanyl' targeted at retail investors. The criticism highlights the potential harm caused to investors and questions the legitimacy of Solana's current projects, despite claims of building 'real things'. This perspective suggests caution for traders considering Solana due to its controversial market history.

According to KookCapitalLLC, the focus is on whether Solana (SOL) will reach $200 again. Historical price trends and current market conditions suggest that achieving this price level requires significant market momentum and positive investor sentiment. As of now, Solana's price movement is subject to various market factors including macroeconomic conditions and technological developments in the Solana ecosystem. Traders are advised to monitor these factors closely to gauge potential price movements.

According to Crypto Rover, the Solana network's inflation rate could drop by 80% if the SIMD-0228 proposal is passed. This proposal is set for voting in 9 days and is considered bullish for $SOL. A reduction in inflation could increase the token's scarcity, potentially driving up its value, which is a crucial consideration for traders. Source: Crypto Rover.

According to Miles Deutscher, memecoin volumes on Solana have reached their lowest levels since the election rally began. The $LIBRA controversy is cited as a major factor contributing to this decline, signaling a significant downturn in new memecoin launches on the platform.

According to Miles Deutscher, the Sonic ecosystem has shown resilience as a growth area in the current market. The total value locked (TVL) on $S has increased significantly as investors transitioned from Solana, maintaining its value even during the market downturn.

According to Miles Deutscher, memecoins constitute 70% of Solana DEX volumes, highlighting the need for the Solana ecosystem to diversify into other sectors as memecoins lose their allure. This could be crucial for maintaining Solana's on-chain dominance. Traders should monitor Solana's strategic shifts and potential developments in new verticals to capitalize on future opportunities.

According to Trader Tardigrade, Solana is signaling a Diamond Bottom Pattern. This pattern typically forms during a downtrend and suggests a potential bullish reversal for $SOL. Traders should consider this technical indicator as it implies that Solana could have reached its bottom.

According to @AltcoinGordon, technical analysts show a bullish sentiment towards Solana (SOL) when the price is around $290, anticipating a buy signal upon breaking the $300 resistance. Conversely, when SOL drops to $140, analysts exhibit bearish sentiment, preferring to wait for a potential bottom at $80 before considering entry. This highlights the importance of price levels in trading decisions.

According to AltcoinGordon, current cryptocurrency market trends show a significant increase in trading volumes across major altcoins, with Ethereum and Solana experiencing the largest gains. This surge is attributed to increased institutional interest and recent technological upgrades in blockchain networks, which are expected to enhance transaction efficiency and scalability (source: AltcoinGordon Twitter, February 27, 2025).

According to Lookonchain, a whale has purchased 50,000 $SOL worth $6.77 million at a market bottom 7 hours ago. Previously, between November 20, 2024, and January 21, 2025, this whale sold 122,921 $SOL for $28.23 million at an average price of $230. The recent acquisition suggests strategic buy-back at a lower price, indicating a potential bullish outlook on Solana by this whale. Source: solscan.io

According to Crypto Rover, the first Solana ETF has been listed on the Depository Trust & Clearing Corporation (DTCC), indicating a forthcoming Solana ETF. This development is seen as highly bullish for Solana (SOL), suggesting increased institutional interest and potential price appreciation.

According to Michaël van de Poppe, the Binance ecosystem is thriving, with $CWEB ranked 4th among infrastructure and tools on the Binance chain. This growth indicates strong market interest and potential trading opportunities within the Binance ecosystem, contrasting with the declining momentum of Solana.

According to @KookCapitalLLC, Fartcoin has experienced a smaller decline compared to major cryptocurrencies such as Ethereum (ETH), Solana (SOL), and Bitcoin (BTC). This relative outperformance could attract traders looking for stability in a volatile market. Meanwhile, Moo Deng has shown a price increase, indicating a potential shift in investor sentiment or market dynamics. Traders may consider this performance when evaluating portfolio diversification and risk management strategies.

According to Crypto Rover, Pumpfun has deposited 87,787 $SOL, valued at $12.58 million, into the Kraken exchange, indicating a potential sell-off that could impact the market price of Solana.

According to Crypto Rover, the community has relaunched ONECOIN on the Solana blockchain. Initially known as a major scam, the coin has a new entry point at 200,000 with potential to reach a $20 million market cap, following the trend of resurrected coins. Traders should assess the risk-reward ratio given its controversial history and speculative nature. Source: Crypto Rover on Twitter.

According to Flood (@ThinkingUSD), traders should avoid using leverage above 3x during volatile periods in the cryptocurrency market. This is due to the inherent volatility of the market, as evidenced by Solana's 15% movement in a single day. Such significant price swings provide the potential for substantial returns without the need for excessive leverage.

According to The Kobeissi Letter, the market is experiencing increasing 'air pockets' due to sentiment shifts, where large institutional investors significantly impact prices. Solana, as a smaller asset, is witnessing extreme volatility driven by substantial retail participation.

According to The Kobeissi Letter, the cryptocurrency market is experiencing increased volatility due to 'air pockets,' where sudden shifts in sentiment can lead to significant price changes. Large institutional investors play a critical role in these price movements. Additionally, smaller assets like Solana are witnessing extreme volatility due to high levels of retail investor participation.

According to Miles Deutscher, on February 25, the top cryptocurrencies by mindshare gain include Bitcoin (BTC), Solana (SOL), and Ripple (XRP). This indicates increased trader interest and potential bullish momentum for these assets. Conversely, Ethereum (ETH) and Avalanche (AVAX) are among the mindshare losers, suggesting a possible decrease in trading activity or market sentiment for these coins.

According to Crypto Rover, Binance has been actively selling significant quantities of Solana ($SOL) using the market maker Wintermute over the past few hours. This activity suggests substantial trading movements which may impact $SOL's market price. Traders should monitor Solana's price closely for potential volatility. (Source: Crypto Rover)

According to The Kobeissi Letter, Solana has experienced a significant decline of 22% since Friday. During the memecoin frenzy, Solana initially showed extreme relative strength, but as the memecoin market began to fade, Solana's value also started to diminish. Notably, the selling pressure on Solana was initially isolated from Bitcoin movements.

According to KookCapitalLLC, Solana is projected to reach $120, presenting a potential buying opportunity for traders. This price target reflects the user's confidence in Solana's upward trajectory. Traders should consider market conditions and additional analysis before making trading decisions based on this prediction.

According to Bold (@boldleonidas), Barkmeta's $17 million investment in Kanye West's Twitter has faced challenges as the identity revelation impacted coin launch plans, coinciding with a significant price drop in Solana, which affected market sentiment and trading strategies.

According to AltcoinGordon, Solana is showing positive market indicators which may suggest a favorable trading position. This analysis could imply that Solana is currently in a strong phase, potentially leading to increased trading activity. Investors might consider this as a sign of Solana's robustness in the market, though specific metrics or analysis details were not provided in the tweet.

According to Dave (@ItsDave_ADA), Solana's market cap dominance has decreased by 16.53% in just one week, now standing at 2.45% and marking a decline of over 30% for the month. This significant drop may impact trading strategies, as market cap dominance is a key indicator of relative strength in the cryptocurrency market.

According to Nic Carter's discussion, the decline of memecoins signifies a shift in the cryptocurrency market towards more sustainable projects, as evidenced by the fallout of Libra which impacted market trust (source: Nic Carter Twitter). Additionally, Solana (SOL) is poised for a strategic path forward, focusing on scalability and security enhancements, which could attract more institutional investors (source: Nic Carter Twitter). Carter also highlights a lack of support for SBR/SWF due to concerns over governance and sustainability issues (source: Nic Carter Twitter).

According to Crypto Rover, Wintermute has withdrawn $38 million in SOL from Binance in anticipation of the $2 billion unlocking of Solana tokens. This significant move could indicate potential market volatility as large quantities of SOL could be released into the market soon, potentially impacting the token's price negatively.

According to Flood (@ThinkingUSD), the upcoming unlocks of Solana tokens are already accounted for in the current market price. This suggests that traders should not expect significant price volatility as a direct result of the unlock event, as the market has already adjusted for this anticipated supply increase. Flood's analysis indicates that proactive pricing is a factor that traders must consider when evaluating Solana's future price movements.

According to Trader_XO, there is an expectation for Solana ($SOL) to experience a short-term mean reversion. Trader_XO has expressed a desire to see the price develop further in the current range, indicating a counter trend play. This strategy involves quickly cutting losses if the position goes against the trend. Trader_XO's current position is flat after taking profits on both SOL and BTC long positions last Friday.

According to Bold (@boldleonidas), there is a notable correlation between social media sentiment and the price action of Solana. Traders should consider this relationship when analyzing Solana's market movements, as sentiment indicators could provide insights into future price trends. This correlation highlights the importance of monitoring social sentiment as part of a comprehensive trading strategy. Source: @boldleonidas on Twitter.

According to @KookCapitalLLC, FTM has rebranded to Sonic, boasting a transaction speed exceeding 10,000 transactions per second (TPS), which is faster than Solana. As a standalone layer 1 blockchain, Sonic is suggested to be inherently faster than layer 2 solutions. This rebranding and performance claim may impact trading strategies as investors assess the implications for speed and scalability in comparison to other blockchains.

According to Reetika (@ReetikaTrades), the price of Solana (SOL) has experienced a sharp decline from 295 to 155. Crypto Twitter (CT) is now alerting traders of a potential further drop to 135. Traders should closely monitor this trend and adjust their strategies accordingly.

According to KookCapitalLLC, Solana is experiencing a sharp decline in value, raising concerns about its future in the cryptocurrency market. The tweet highlights a significant drop in Solana's price, prompting traders to question the sustainability of its current market position. This situation is crucial for traders as it may indicate potential bearish trends and risks associated with investing in Solana at this time.

According to Lookonchain, a total of 8.25 billion USDC has been minted on the Solana blockchain since January 1, 2025. This significant influx of USDC indicates a growing reliance on stablecoins within Solana's ecosystem, potentially increasing liquidity and trading volume on Solana-based exchanges. The data is sourced from Solscan, which tracks blockchain transactions.

According to Lookonchain, a total of 8.25 billion USDC has been minted on the Solana blockchain since January 1, 2025. This significant minting activity could increase liquidity in the Solana ecosystem, which might influence trading strategies on this blockchain. The source can be verified through Solscan, which tracks blockchain transactions.

According to Trader_XO on Twitter, the price of Solana (SOL) is experiencing a significant decline, prompting discussions about the potential need to rollback the Solana chain. This comes amid broader market volatility, impacting trader sentiment and decisions.

According to Ai 姨, BNB Chain, led by CZ, has shown significant results regardless of public opinion. BSC's trading volume has surpassed Solana's, ranking as the top network in the past 24 hours and seven days. Additionally, BSC's network fees over the past week have exceeded Ethereum's, making it the second most profitable and active network. Binance Alpha has listed 10 BSC network tokens, with a network share of 19.23%.

According to AltcoinGordon, he accurately called Ethereum ($ETH) at $42.0, Cardano ($ADA) at $0.03, Solana ($SOL) at $1.69, and USD Coin ($USDC) at $0.9987, emphasizing his historical success in predicting early-stage prices of these cryptocurrencies. Such insights are valuable for traders looking to understand market patterns and identify potential early opportunities in emerging cryptocurrencies.