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SOLUSD

Solana / US Dollar

Industry

Digital Currency

Solana is a public, open-source blockchain that supports smart contracts, including non-fungible tokens (NFTs) and a variety of decentralized applications (dApps). Native to Solana's blockchain is the SOL token which provides network security through staking as well as a means of transferring value.

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Joe Exotic from 'Tiger King' has launched a Solana-based meme coin called EXOTIC while in prison, with hopes of raising money for legal expenses and charitable causes. The token was created with help from his lawyers, initially reaching a market cap of $900,000 before settling around $100,000, with about 900 token holders.

Portfolio Pulse from

March 29, 2025 | 9:45 pm

Solana (SOL) experienced a significant price drop, falling to $127, its lowest level since March 2021. The cryptocurrency's decline is attributed to a broader sell-off in its meme coin ecosystem, with tokens like Fartcoin, Popcat, and Bonk losing over 10% of their value. Despite the negative price action, Solana saw increased DEX volume and a notable expansion of Blackrock's BUIDL money market fund to its network.

Portfolio Pulse from

March 29, 2025 | 5:00 pm

Solana is experiencing bearish market conditions with analysts warning of potential further price decline. The cryptocurrency is struggling to maintain momentum, trading around $128, and risks breaking below its current ascending support structure. Macroeconomic uncertainty and weak market sentiment are contributing to the bearish outlook.

Portfolio Pulse from

March 29, 2025 | 9:45 am

The article compares Solana and Ethereum's performance in the decentralized finance (DeFi) sector, highlighting Solana's superior app revenue and lower transaction costs. Despite Ethereum's larger market cap, Solana's DeFi projects are generating significantly more revenue, suggesting it might be a more attractive investment at the moment.

Portfolio Pulse from

March 29, 2025 | 8:45 am

Solana (SOL) is experiencing unprecedented market sentiment following BlackRock's launch of yield-bearing tokenized treasury funds and GameStop's Bitcoin integration. The cryptocurrency's sentiment ratio has surged to 32.87, significantly outperforming Bitcoin and Ethereum, while its price remains range-bound near $132.

Portfolio Pulse from

March 29, 2025 | 3:15 am

MonkeDAO, a Solana-based NFT project, has become the first decentralized autonomous organization to adopt a Bitcoin reserve by acquiring 1 zBTC token. This move represents a strategic effort to diversify its treasury and participate in Bitcoin DeFi (BTCFi) on the Solana blockchain, leveraging a 1:1 pegged token that offers permissionless Bitcoin exposure.

Portfolio Pulse from

March 28, 2025 | 6:30 pm

Solana's price is experiencing significant downward pressure after failing to break key resistance levels. The cryptocurrency has dropped from $138 to $131, with trading volumes increasing to $3.4 billion. Market sentiment remains bearish, influenced by potential trade policy impacts and reduced transaction volumes in meme coins and DeFi applications.

Portfolio Pulse from

March 28, 2025 | 2:45 pm

Bri Stern, creator of Solana meme coin SSTR, has filed a lawsuit against Andrew Tate, alleging emotional and physical abuse. The lawsuit comes with detailed screenshots and claims of toxic behavior, creating significant controversy in the crypto community. Tate, known for his crypto involvement, has responded briefly with 'I'm a victim!'

Portfolio Pulse from

March 28, 2025 | 1:00 pm

Solana (SOL) is experiencing a potential price correction with technical indicators suggesting a possible 16% decline. Despite high social media sentiment and positive developments like GameStop and BlackRock integrations, the cryptocurrency faces critical support levels around $125. Analysts warn of potential further downside if key resistance levels are not maintained.

Portfolio Pulse from

March 28, 2025 | 12:45 pm

Solana (SOL) is experiencing a challenging period with declining network activity, dropping DApp revenues, and technical indicators suggesting potential price weakness. Despite optimism from some industry figures like Nikita Bier, the cryptocurrency faces resistance at $150 and potential further price decline.

Portfolio Pulse from

March 28, 2025 | 10:00 am

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