Solana’s price has plummeted over 40% in a month, dropping to nearly $160, as a combination of factors creates a “perfect storm.” Key issues include a decline in active addresses from over 18.5 million to under 8.4 million, reduced investor confidence due to the LIBRA coin debacle, and fears of oversupply from an upcoming token unlock of over 11 million SOL. Additionally, Solana’s reputation has been tarnished by associations with scams, further contributing to the bearish sentiment.
about Solana Prices Drop 40 Percent Amid Multiple Bearish FactorsWendy O
0 posts last weekKiller Whales Season 2 Explores Web3 Innovation in Reality TV Format
Killer Whales, the first Web3 business reality TV show, invites viewers to a behind-the-scenes discussion on February 13, 2025, at 17:00 UTC. The session will feature key producers and judges, exploring the show’s unique blend of Web3 culture and high-stakes entrepreneurship, along with insights into its Hollywood-level production and rigorous contestant selection process. With a $1.5M prize pool and a global reach of over 600 million viewers, Killer Whales aims to spotlight emerging blockchain projects and connect them with top-tier investors and mentors.
about Killer Whales Season 2 Explores Web3 Innovation in Reality TV FormatCoinbase Users Face Solana Withdrawal Delays Amid Price Drop and Concerns
Coinbase users are expressing frustration over prolonged withdrawal issues with Solana (SOL), leading to speculation about the platform’s solvency. Complaints have surged on social media, with users reporting wait times exceeding nine hours for transactions that typically take less than a second on-chain. The situation has worsened as SOL’s price has dropped nearly 20% from its all-time high, prompting a rush to withdraw funds amid concerns over the exchange’s infrastructure and reliability.
about Coinbase Users Face Solana Withdrawal Delays Amid Price Drop and Concerns