Will Solana price slide to $50? Inside the whale exodus
Solana fell to $66 as whales cut exposure and analysts flag $50. But the network is shipping its biggest-ever upgrades. Inside the exodus and the paradox.
Crypto Daily·
June 12 PUMP unlock adds 10B tokens (~1%). Pump.fun turns on USDC bonding curves as Q1 revenue hits $124.7M. Signals for a softer Solana meme market.
Read full articleSolana fell to $66 as whales cut exposure and analysts flag $50. But the network is shipping its biggest-ever upgrades. Inside the exodus and the paradox.
Solana price has rebounded from a three-year low after a wave of liquidations eased and buyers stepped back into the market, though traders remain divided on whether the token can reclaim its May highs. According to data from crypto.news, Solana…
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Forward Industries moved $32 million in SOL to Coinbase Prime, reviving fears that the largest corporate Solana holder could add fresh sell pressure while sitting deep underwater. Zcash then faced a double blow as developers patched a critical counterfeit-minting bug and Arthur Hayes exited his position, deepening the selloff. Meanwhile, major U.S. banks explored tokenized […]
The Solana price unsurprisingly crumbled under the weight of the bears, as the general cryptocurrency market saw a wave of downward pressure over the past week. The altcoin crashed towards the $60 mark on Friday, June 5th, its lowest price level since late 2023. Given the strength of this recent bearish move, market expectations are […]
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