SOLTRACER
SOLNews
Daily Solana market news, on-chain data and analysis from the SOLTRACER desk.
SOL Sinks to Its Weakest Level Against Bitcoin Since June as Long Bets Unwind
SOL fell to about $72 by midday Saturday, down 9% in 24 hours against bitcoin's 5%, pushing its price in bitcoin terms to the lowest since June. Nearly all of the SOL bets liquidated over the past day were wagers on higher prices.
SOL Breaks Below $76 and Fear Hits 13 on the Eve of Breakpoint
A second straight billion-dollar wave of forced selling pushed SOL under $76, its lowest since August, and sent the Fear & Greed Index to 13. Circle still minted 750 million USDC on Solana in a day, as Breakpoint London opens tomorrow.
Bitcoin Cracks $70K and SOL Bends to $80, as DTCC and Visa Wire Into Solana
A leveraged sell-off pushed bitcoin under $70,000 and SOL to about $80, though SOL fell less than bitcoin or ether. At the same time, DTCC and Visa tied new services to Solana, and Forward Industries lined up a tokenized REIT.