SOL sinks to April 2025 lows as Bitcoin, AI stocks and metals unwind
SOL falls to lows not seen since April 2025, but Solana’s price-to-fundamentals gap and its wider correlation to macro markets may provide hope for investors.
SOL falls to lows not seen since April 2025, but Solana’s price-to-fundamentals gap and its wider correlation to macro markets may provide hope for investors.
Bitcoin advocate and accountant Rajat Soni warned, “Never trust a weekend pump or dump,” as Bitcoin plunged and over $2 billion was wiped from the crypto market.
FTX founder Sam Bankman-Fried said in a series of recent X posts that US President Donald Trump was “right on crypto,” while Joe Biden “bungled crypto.”
Solana-based DeFi platform Step Finance disclosed a treasury wallet breach that saw over $27 million in SOL moved onchain, sending its STEP token down more than 90%.
An Abu Dhabi investment vehicle backed by Sheikh Tahnoon bin Zayed Al Nahyan, the UAE’s national security adviser, agreed to buy 49% of World Liberty Financial for $500M.
The fintech bank reported record quarterly revenue of $1 billion as it reintroduced crypto trading, launched a stablecoin and rolled out blockchain-based remittances.
Bitcoin options flashed extreme fear signals as the spot BTC ETF outflows rose, and the odds for a drop below $80,000 increased. Will dip buyers step in to save the day?
Tether CEO Paolo Ardoino said the “structure behind” the company’s growth mattered more than its “scale” in 2025, as US Treasury holdings surpassed $122 billion.
Crypto sentiment platform Santiment said the “silver lining” in the current crypto market is the “extreme negativity” seen on social media.
The lawsuit alleges Marc Andreessen sold $118.7 million in Coinbase shares through Andreessen Horowitz, while CEO Brian Armstrong offloaded about $291.8 million.