Solana’s circulating supply will increase by 2.2% this Saturday with the unlocking of 11.2 million SOL from the FTX bankruptcy estate, valued at over $1 billion. This significant event will benefit claims buyers like Galaxy Asset Management, not FTX victims, as they have purchased rights to the tokens. Despite concerns, Galaxy’s Managing Director believes the market has already accounted for the impact of this unlock.
about Solana to Experience Major Supply Increase with FTX Token UnlockMessari
0 in Finance and 0 in Crypto last weekAI Developments Boost Crypto Trading Volume and Market Sentiment in 2025
On February 27, 2025, Crypto Rover predicted that a Bitcoin rally, currently at $52,345, would significantly boost Ethereum and altcoins, with Ethereum potentially reaching $4,000 and altcoins like Cardano possibly increasing tenfold. The trading volume for Bitcoin surged to 1.2 million BTC, indicating growing interest, while technical indicators suggest upward momentum for both Bitcoin and Ethereum. Additionally, advancements in AI technology have positively influenced crypto market sentiment, with AI-related tokens seeing a notable rise.
about AI Developments Boost Crypto Trading Volume and Market Sentiment in 2025Solana Faces Decline Ahead of Major Token Unlock Event
Solana (SOL) is experiencing significant declines, dropping over 9% today amid concerns over an upcoming token unlock of approximately 11.2 million SOL, valued at around $1.75 billion, scheduled for March 1, 2025. This event, linked to FTX bankruptcy auctions, is contributing to market uncertainty and selling pressure.Currently priced at $153, SOL has failed to maintain support at $155, with the next major support level around $126. Technical indicators suggest continued bearish momentum, prompting investors to monitor key support levels and market trends closely.
about Solana Faces Decline Ahead of Major Token Unlock EventCardano Sees Significant Growth in Price and Transaction Activity in Q4 2024
Cardano (ADA) experienced a remarkable 126% price surge in Q4 2024, elevating its market cap to $30.3 billion and moving its rank from 11th to 9th. Transaction fees soared 254% QoQ to $1.8 million, driven by increased activity, with average daily transactions rising 65% to 71,500.The DeFi landscape also flourished, with total value locked (TVL) increasing 13% to $231.6 million, led by Liqwid Finance’s 141% growth. Meanwhile, Cardano’s stablecoin market cap grew by 66%, highlighting the network’s expanding ecosystem.
about Cardano Sees Significant Growth in Price and Transaction Activity in Q4 2024FTX Begins Repaying Creditors as Memecoin Scandals Impact Solana
FTX is set to begin repaying $1.2 billion to creditors on February 18, marking a significant step in the exchange’s bankruptcy recovery after its $9 billion collapse. Meanwhile, Argentine President Javier Milei denied promoting the failed Libra memecoin, which has led to lawsuits against him. Additionally, sentiment around Solana’s SOL coin is turning bearish as traders react to recent memecoin scandals, with the long to short position ratio dropping significantly.
about FTX Begins Repaying Creditors as Memecoin Scandals Impact SolanaDogecoin Faces Decline but AI Predicts Potential Bull Run Ahead
Dogecoin (DOGE) has experienced a significant decline of 33% recently, with predictions from AI Grok suggesting a potential rally ahead. Despite current bearish trends and a target of 0.17 dollars, Grok forecasts a possible rise to 0.33 dollars by the end of February, with an optimistic scenario reaching 4.12 dollars. A catalyst, such as ETF approval or media support from Elon Musk, could trigger the necessary volatility for a price surge.
about Dogecoin Faces Decline but AI Predicts Potential Bull Run AheadSolana Faces Significant Decline Amidst Broader Cryptocurrency Market Struggles
The cryptocurrency market has seen a 3% decline over the past week, with Bitcoin nearing $95,000 and Solana dropping below its 200-day moving average, resulting in a 20% weekly loss. Institutional investors are increasingly acquiring cryptocurrencies, contributing to the market’s downward pressure. Meanwhile, crypto fund investments fell by $415 million last week, marking the largest outflow since early September.
about Solana Faces Significant Decline Amidst Broader Cryptocurrency Market StrugglesSolana Faces Increased Short Positions Amid Memecoin Scandals and Losses
Traders are increasingly bearish on Solana’s SOL coin, with the long-to-short position ratio dropping significantly amid memecoin scandals. The price of SOL has fallen nearly 6%, as insider selling and substantial retail losses sour sentiment in the memecoin ecosystem, which had previously seen a surge in activity. Despite these challenges, Solana continues to outperform Ethereum in revenue generation.
about Solana Faces Increased Short Positions Amid Memecoin Scandals and LossesXRP Ledger Enhances NFT Minting with NFTokenMintOffer Amendment
The XRP Ledger has activated the NFTokenMintOffer amendment, streamlining NFT minting and offer creation into a single transaction, which reduces costs and enhances efficiency. This upgrade is expected to boost NFT adoption and demand for XRP, as the network sees a significant increase in NFT activity, with transactions surging 460% and minting up 855%. Currently, XRP is trading at $2.69, reflecting a recent decline but a notable weekly increase.
about XRP Ledger Enhances NFT Minting with NFTokenMintOffer AmendmentXRP Ledger Activates NFTokenMintOffer Amendment to Enhance NFT Transactions
Solana faces backlash as its reputation suffers, while excitement grows in the XRP community with the activation of the NFTokenMintOffer amendment on the XRP Ledger. This new feature simplifies NFT transactions by allowing minting and offer creation in a single step, enhancing user experience and driving adoption. As of now, over 7.6 million NFTs have been minted on the XRPL, with significant increases in NFT transactions reported.
about XRP Ledger Activates NFTokenMintOffer Amendment to Enhance NFT TransactionsSolana Revenue Surpasses Ethereum Amid Memecoin Market Surge
In early 2025, Solana’s applications generated $8.4 million in revenue, outpacing Ethereum’s $875,571 by tenfold, despite a bearish market. This surge, driven by the memecoin boom, highlights Solana’s efficiency in revenue generation, even with a lower total locked value of $9.5 billion compared to Ethereum’s $56.8 billion. The SOL token’s valuation is also rising rapidly, with forecasts predicting a price increase to $520 by the end of 2025.
about Solana Revenue Surpasses Ethereum Amid Memecoin Market SurgeTRON Achieves Record Growth and Ecosystem Expansion in 2024
TRON achieved record growth in 2024, with daily transactions rising 7.19% to 7.67 million and USDT supply increasing from $48 billion to $62 billion. The network’s cost-efficiency and scalability were highlighted, alongside significant ecosystem developments and a rise in Stake 2.0 adoption from 31% to 51%.
about TRON Achieves Record Growth and Ecosystem Expansion in 2024