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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

As the bitcoin (BTC) treasury company mania has deflated from its May 12 peak, altcoin treasury stocks suffered even worse. Already, the largest Solana (SOL) treasury company has fallen below the sacrosanct 1X multiple-to-net asset value or “mNAV.” In other words, investors are willing to pay less for shares of the company than the value of that company’s SOL holdings. Upexi, as of publication time, has a market capitalization of $330 million. The company holds 1.9 million SOL worth over $353 million, valuing it at a sad, 0.94X mNAV . For context, Michael Saylor’s market leader of treasury companies, MicroStrategy, trades at a 1.61x mNAV. Upexi’s slip is a dramatic retracement of its lofty valuation when the company debuted its Solana acquisition plans. On April 21 — the same week that Tether and Bitfinex ignited crypto treasury mania with the launch of Twenty One — executives first announced their Solana treasury. Shares opened for trading ...

Solana (SOL)  climbed almost 7% in the last 24 hours breaking past the $190 price mark for the first time since February 16, 2025. The momentum is a continuation of a general upward trend observed in recent weeks, as the cryptocurrency is up 13.5% in the past week and 34.5% in the past month.  At press time, SOL was trading at $191.05, with a 69.71% increase in daily trading volume, which now sits at $7.89 billion. Solana 24-hour price performance. Source: CoinMarketCap Likewise, the network’s market capitalization has managed to exceed $102.79 billion according to CoinMarketCap , allowing Solana to surpass the likes of Intel (NASDAQ: INTC) in global market worth rankings. Is a new Solana ATH possible? As Solana regains strength, analysts are debating whether a new all-time high (ATH) is possible.  Market analyst Satoshi Flipper, for instance, who accurately predicted the jump to $190 on July 17, believes the new price could propel SOL clo...

A widely followed crypto analyst says that the market is gearing up for a reversal after making a strong move to the upside. In a new thread, pseudonymous crypto trader Crypto Capo tells his 132,000 followers on the instant messaging app Telegram that taking profits may be the optimal play as altcoins look primed to crash after a sharp increase. “ Analysis has been playing out as expected. Very strong bullish move. Bitcoin reached $98,000 and went even higher (deviation above probably). Ethereum has reached $2,300. Solana is also at the $170-200 main resistance. Altcoins have pumped 30%-100% What now? I’m taking more profits here. 50% [took profits] already. Reversal should be strong.” According to Capo, Ethereum (ETH) – the second-largest digital asset by market cap – has reached its resistance zone and will soon form a local top before making a “strong bearish move.” “The $1,500 support held and price has now reached the r...

Blockchain intelligence platform Lookonchain is highlighting a trader who has profited handsomely from trading in Fartcoin (FARTCOIN), a memecoin built in the Solana (SOL) ecosystem. According to Lookonchain, the unidentified trader is once again going long on the crypto asset and has purchased 488,000 Fartcoin at a total price of $563,000. The trader had previously booked millions of dollars in profits on a Fartcoin position he had invested in earlier when the memecoin was still a micro-cap. “This trader first aped into Fartcoin when its market cap was $32 million, making $4.9 million by buying low and selling high.” Source: Lookonchain/X Source: Lookonchain/X Fartcoin is trading at $1.15 at time of writing, up by around 178% over the past month, but around 54% below the all-time high reached in January. The Solana-based memecoin currently has a market cap of a little over $1.15 billion. The blockchain intelligence platform is also highlighting an...

Artificial intelligence (AI)-powered commercial real estate firm Janover, Inc. is announcing that it has raised approximately $42 million through an offering of convertible notes and warrants from multiple investors, including Pantera Capital, Kraken, and Arrington Capital. According to a new press release, the notes were sold in a private offering under Section 4(a)(2) of the Securities Act of 1933 and Regulation D. The convertible notes carry a 2.5% annual interest rate paid quarterly. They will mature on April 6, 2030. The notes are convertible into common stock at any time before maturity if the company’s market capitalization equals or exceeds $100 million on the day before conversion. The conversion price will be set on the first day Janover’s market cap reaches $100 million, with a minimum price of $4.81. Investors received warrants with each $1,000 of notes purchased, allowing them to buy approximately 8.333 shares at $120 per share and 6.666 s...

Public figures are increasingly driving meme coin speculation, with Donald Trump, Javier Milei, and Elon Musk fueling market frenzies in recent months, to name a few. Barstool Sports founder Dave Portnoy is the latest to make headlines, profiting $258,000 from the Solana (SOL) based meme coin GREED, only to dump his entire stake in a single transaction, causing a 99% price crash and leaving investors reeling. Portnoy’s quick flip: From hype to collapse According to blockchain analytics firm Lookonchain , a wallet linked to Portnoy accumulated 357.92 million GREED, representing 35.79% of the total supply.  Picks for you AI hedge fund with no humans beats the stock market 2 hours ago Crypto analyst sets Bitcoin price roadmap to $107,000 ...

Solana (SOL) served as something of a herald for the latest cryptocurrency bull market as it enjoyed a particularly sharp rally in late 2023 and early 2024, taking it from about $20 to above $200 – 900% increase in just six months. The blockchain itself enjoyed much activity and inflows thanks to numerous meme coins – another major staple of the cycle – finding their home on SOL. Still, more recent trading hasn’t been kind to Solana, and it suffered a 41.17% fall from January 19 highs at $286.81 to its press time price of $168.72. Simultaneously, the 30-day 39.16% drop ensured SOL is at its lowest level in more than three months. Picks for you Here's why Goldman Sachs sees Gold hitting $3,100 by year-end 1 hour ago Li...

The Solana price climbed 1% in the past 24 hours to trade at $192.7 as of 09:21 p.m. EST on trading volume that jumped 5% to $5.3 billion. This comes after the US Securities and Exchange Commission (SEC) formally acknowledged NYSE Arca’s filing for a rule change to list and trade shares of the Grayscale Solana ETF (exchange-traded fund). The move now brings the possibility of a Solana-backed investment vehicle. 🔥 JUST IN : According to Bloomberg ETF analyst James Seyffart, the US SEC has acknowledged the #Solana💰 19b-4 filing submitted by Grayscale. Previously, the SEC refused to process Solana-related filings in multiple attempts. — Crypto TA King (@CryptoTA_King) February 7, 2025 According to a February 6 filing, the SEC has opened a public comment period for the proposed rule change, allowing interested parties to submit feedback. Solana Price Could Rebound The SOL price chart Analysis on the 12-hour chart shows that the asset has recently forme...

The Solana price surged over 15% in the last 24 hours to trade at $216.78 as of 9:56 p.m. EST as investors go long on the altcoin. Despite the recent gain, the SOL price was not able to erase the losses it suffered over the last week. As a result, the crypto remains more than 8% in the red on the weekly time frame. Solana Price Trying To Establish A Technical Support 4-hour chart for SOL/USDT (Source: GeckoTerminal ) The Solana price rebounded off of the $186.92 support in the last 24 hours and is now attempting to establish a position above the $213.69 resistance level.  Should the altcoin close the next 2 4-hour candles above $213.69, it could have the space needed to challenge the $245.81 resistance next. An extremely bullish case might see SOL rise to $281.49. On the other hand, the Solana price falling back below the $213.69 mark could result in a more bearish scenario playing out that might lead to SOL plunging to the $186.92 support again. Technicals Suggest The Sol...