Solana Risks Further Drop Amid $180 Support Retest – Is The SOL ‘Memecoin Fiesta’ Over?

Solana (SOL) recently lost its key support zone amid the controversial Libra (LIBRA) token launch and crash. The cryptocurrency has dropped over 12% in the last three days and some analysts suggest it risks a deeper correction to monthly lows.

February 18, 2025
crypto

The Solana network has been the talk of the town this cycle due to the memecoin frenzy, as it has been the go-to chain for these projects. The cryptocurrency has also been one of the leading tokens over the last year, outperforming most altcoins in 2024.

Read more on Tradingview

‍

Relaterte artikler

Bitcoin over 60,000 USD; how did we get here?

After the Bitcoin exchange rate this week passed 60,000 USD, in a recent newsletter we have asked: How did we get here? Here we share a story about crypto winters and crypto years, about the ups and downs, but well as much about how it is built and built and about how the crypto industry is now seriously meeting classical finance.

The Financial World is captivated by Tokenization of Real World Assets

Tokenization of Real World Assets (RWAs) is making the headlines in the international financial media, both within and outside of the crypto industry. Why is this? We have invited Lise Wessel and Thomas Tallis to shed some light on this trend. But also to give us some examples from their own project, Tvinn, where they are preparing to launch a platform for tokenization of RWAs, starting with gold.