Meta Earth Desembarca En Latinoamérica Con Innovadora Plataforma Blockchain

Solana is facing mounting selling pressure, trading at its lowest level since September 2024 following yesterday’s market-wide correction. Extreme fear continues to grip the market as SOL fails to find strong support, with bears maintaining control since the cryptocurrency hit its all-time high back in January. Since then, Solana has retraced over 55%, leaving investors uncertain about its short-term prospects.

The broader crypto market remains under pressure, with altcoins struggling to regain bullish momentum. Analysts warn that further declines could be on the horizon if SOL fails to hold key levels. Crypto expert Ali Martinez shared on-chain metrics on X, revealing that Solana’s transfer volume has plummeted dramatically. According to the data, Solana’s transfer volume has dropped from $1.99 billion in November 2024 to just $14.57 million today. This significant decline suggests a steep drop in network activity and interest, raising concerns about the current state of the Solana ecosystem.

With bearish sentiment dominating the market and on-chain activity slowing, the coming days will be crucial for SOL. If bulls fail to defend key support levels, Solana could see further downside. However, a strong recovery in volume and price action could indicate renewed interest and potential for a reversal.

Solana Struggles Below $150 as Bears Maintain Control

Solana is facing significant selling pressure, struggling to break above the $150 mark as bears dominate price action. The broader market sell-off has taken a heavy toll on SOL, with meme coins experiencing some of the steepest declines. Solana, which previously benefited from the meme coin hype cycle, is now seeing a major pullback as speculation fades.

The price action remains weak as Solana trades below key demand levels that once sustained its long-term bullish structure. Bulls have lost momentum, failing to establish a strong recovery, while bears continue to drag the entire market down. If SOL fails to hold above current demand levels, further downside could be expected in the short term.

Martinez’s on-chain data highlights a troubling trend for Solana’s network activity. According to Glassnode, Solana’s transfer volume has plummeted from $1.99 billion in November 2024 to just $14.57 million today. This dramatic drop indicates a sharp decline in network usage and trading activity, further reflecting the cooling-off period in meme coin speculation.

The coming days will be critical for Solana. If SOL can hold above key demand levels, a recovery phase could begin. However, continued weakness in volume and price action could lead to further declines, making it essential for bulls to reclaim momentum soon.

Price Struggles At $140 Amid Selling Pressure

Solana (SOL) is trading at $141 after experiencing days of intense selling pressure, struggling more than most altcoins in the current market downturn. The broader crypto market has faced extreme volatility, with many assets seeing sharp declines. However, Solana remains one of the worst-hit, failing to establish strong support or momentum for a potential rebound.

If bulls can defend the $140 level, there is a chance for a short-term recovery. Holding above this crucial demand zone could provide the foundation for a push back above key resistance levels. However, sentiment remains weak, and any further downside in Bitcoin or the broader market could send SOL into deeper corrections.

If Solana fails to maintain its current support, the next critical level to watch is $130, where buyers may attempt to step in again. However, a sustained breakdown below this mark would increase the risk of further declines into lower demand zones. The coming days will be crucial for Solana’s price action, as investors wait to see whether bulls can reclaim momentum or if bears will continue to drive the price downward.

Featured image from Dall-E, chart from TradingView

La venta masiva de Bitcoin continuó por tercer día consecutivo mientras el precio cayó a mínimos no vistos desde el 11 de noviembre de 2024.

En el pico de la corrección, BTC (BTC) cotizó brevemente a 82.256 dólares antes de encontrar compradores, pero los datos sugieren que podría haber más caídas antes de que el mercado se estabilice.

El analista de mercado independiente Scott Melker publicó el siguiente gráfico y dijo,

La Comisión de Bolsa y Valores de Estados Unidos, la Fundación TRON y Justin MON presentó una moción conjunta El miércoles pidió a un juez federal que pause el caso en curso del regulador de valores contra el empresario de Cripto y su empresa.

La moción es similar a las mociones presentadas en los casos en curso de la SEC contraBase de monedas y BinanceEn ambos casos, las partes dijeron que estaban trabajando para lograr una "posible resolución" de sus casos. El director ejecutivo de Coinbase, Brian Armstrong, dijo la semana pasada que la SECacordó abandonar el casocontra el intercambio en su totalidad, pendiente de la aprobación del comisionado.

"En este caso, las partes sostienen que es de interés para ambas partes suspender este asunto mientras consideran una posible resolución y acuerdan que ninguna de las partes o terceros se vería perjudicada por una suspensión", dice la presentación del miércoles. "Además, una suspensión es de interés para el Tribunal y el público porque una resolución conservaría los recursos judiciales al obviar la necesidad de que el Tribunal resuelva la moción pendiente de los demandados para desestimar la demanda".

La SEC demandó a TRON, MON y BitTorrent en julio de 2023, alegando que los acusados participaron en manipulación del mercado, fraude y emisión de valores no registrados.

MON intentó inflar el volumen del token TRX a través de operaciones de lavado, según alegó la SEC en ese momento. El regulador dijo que los empleados de TRON Foundation realizaron más de 600.000 operaciones de lavado.

Mientras que el juez del Tribunal de Distrito Edgardo Ramos, que supervisa el caso, rechazó el intento de la SEC de obligar a TRON a presentar una respuesta adicional en las mociones previas al juicio, TRON presentó una moción para desestimar la demanda por completo el año pasado.

El MON es un asesor de World Liberty Financial, una empresa afiliada al presidente estadounidense Donald Trump,después de comprar tokens WLFI de la empresa por valor de 30 millones de dólares. La libertad mundial, por su parte,compró el token TRX de Troncomo parte de su tesorería simbólica.

Sigue leyendo: El fundador de Trump's World Liberty Financial atribuye el éxito del proyecto a Justin MON

The cryptocurrency market is experiencing significant turbulence this week, with Solana (SOL) facing particularly steep challenges. As the excitement surrounding memecoins wanes, prices have dropped to their lowest levels in several months.

Following the historic hack of the ByBit exchange and President Trump’s controversial tariff proposals, the overall crypto market has seen a downturn, with Bitcoin falling 12% in the past week. In contrast, Solana has plummeted 22%, reaching a new five-month low.

Solana Struggles As New Data Shows Dramatic Drop

As reported by Fortune, the decline in Solana’s value can be attributed to its association with recent celebrity-backed memecoin scandals, particularly the LIBRA incident.

This cryptocurrency surged to a nearly $5 billion market cap before crashing, following promotion from Argentine President Javier Milei, whose involvement has sparked outrage and prompted an investigation.

Zach Pandl, head of research at the crypto asset manager Grayscale, noted that this incident has highlighted the volatility and risks associated with memecoins, stating, “The current phase of memecoin trading on Solana is over.”

Solana’s rise as the preferred blockchain for memecoin development was largely due to its low transaction costs, high transaction speeds, and user-friendly infrastructure.

Platforms like Pump.fun facilitated the rapid creation of cryptocurrencies on Solana, leading to a peak of over 71,000 memecoins launched in a single day. However, this number has since dwindled to just 26,000, according to data from analytics firm Dune.

Analysts Warn Of Potential Drop Below $100

While many memecoins lack intrinsic value and are often linked to scams, Pandl suggested that the recent memecoin frenzy had some positive impacts on the Solana ecosystem.

“It onboarded users, generated revenue, and helped stress test the Solana blockchain in various ways,” he explained. “In that sense, memecoin trading is one of the many building blocks to developing the next generation of financial infrastructure.”

Adding to Solana’s woes, the open interest for Solana futures has declined by 44% over the past month, dropping from an all-time high of $6.39 billion to just $3.57 billion today. This decline indicates a reduction in investor confidence and interest in leveraging Solana positions.

CoinGecko data also shows a similar pattern from investors, as trading volume has dropped 54% in the last 48 hours, representing only $5 billion of Solana’s total market cap of $66 billion.

Currently trading at $134, analysts have identified this price point as a crucial support zone in the ongoing downtrend. According to Crypto General, if this support fails to hold, the next support level could fall below $100, representing a drop of more than 65% from Solana’s all-time highs.

Featured image from DALL-E, chart from TradingView.com

La empresa de minería de Bitcoin MARA Holdings dijo que ahora busca capitalizar la "segunda ola" de la IA mientras publicó resultados sólidos para el cuarto trimestre de 2024.

MARA dijo en su comunicado del cuarto trimestre del 26 de febrero que busca convertirse en la capa base de infraestructura que impulse las aplicaciones de IA y computación de alto rendimiento, similar a lo que hizo Cisco en el "boom de internet".

"Ya sea para la minería de Bitcoin o la inferencia de IA, creemos que nuestras tecnologías permitirán a otros construir mientras MARA proporciona las herramientas y los recursos para implementar nuevos sistemas y servicios, como la gestión de energía, el balanceo de carga y la infraestructura."

MARA dijo que tomó una "pausa estratégica" para evaluar la primera ola de la IA —aprovechando los centros de datos para entrenar grandes modelos de lenguaje— mientras muchos de sus "competidores en la minería de Bitcoin se apresuraron a incursionar en la IA".

MARA apuesta a que la segunda ola girará en torno a la inferencia de IA, no al entrenamiento.

El entrenamiento es el proceso de enseñar a un modelo de IA cómo realizar una tarea determinada, mientras que la inferencia es el modelo de IA en acción, llegando a sus propias conclusiones sin intervención humana.

MARA quiere el poder de la infraestructura para esta inferencia, que cree que "se parecerá mucho a la nube tradicional".

The crypto market has experienced an unprecedented surge in volatility, with established coins like Bitcoin and Ethereum facing extreme price swings. Since January, the frequency of flash crashes has risen sharply, erasing billions from the market. A crypto analyst has suggested that these flash crashes have been driven by several factors, providing a detailed insight into what’s really going on in the market.

Why Flash Crashes Are Occurring In The Crypto Market

A crypto analyst known as ‘The Kobeissi Letter’ has shed light on the recent market crash and why top coins are falling drastically. The analyst revealed that the increasing number of flash crashes has resulted in over $300 billion being removed from the market in just 24 hours.

He disclosed that on the previous day, the market began selling off, with Bitcoin dropping below the $95,000 mark. Between 1:45 AM ET and 2:15 AM ET, the cryptocurrency had one of the most shocking crashes, falling by $5,000 in mere minutes.

Ethereum, the second largest cryptocurrency after Bitcoin, had it even worse. The altcoin experienced massive liquidations that contributed to a 37% price crash on February 2, fueled by trade war headlines.

The Kobeissi Letter has revealed that the key factor behind these dramatic flash crashes is the growing divide between institutional and retail investors. Wall Street Hedge funds have increased their short positions on Ethereum by 500% since November 2024, marking a historic level of institutional bearishness toward Ethereum. Short positioning in Ethereum has also increased by over 40% in just one week. Moreover, Ethereum’s price is down by approximately 40% since December 2024, while Bitcoin has fallen by 15%.

On the other hand, institutions have continued to accumulate Bitcoin, while retail investors have poured capital into smaller altcoins like Solana, creating extreme volatility in these assets. This “polarization,” as the analyst calls it, has led to the formation of “air pockets” in liquidity. As a result, when a sell-off starts, it triggers cascading liquidations, amplifying market instability and price crashes.

The analyst has also pinpointed that this polarization phenomenon works in the opposite direction, as the market can experience rapid recovery, leading to billions added to its market cap within hours.

Shifts In Sentiment And Political Influence Contribute To Market Crash

The Kobeissi Letter revealed that the Fear and Greed Index has fallen from a bullish stance just weeks ago to 29% extreme Fear, underscoring the speed at which the market’s sentiment is changing to the negative. The analyst suggests that the extreme positioning in the crypto market is leading to these increasing flash crashes, making crypto significantly unpredictable.

Adding to the turbulence, the analyst revealed that political and corporate influences have been dictating the crypto market. He underscored that Eric Trump had publicly supported buying Bitcoin and Ethereum during dips, aligning with events like Ethereum’s February 3 recovery and Bitcoin’s rebound on February 25.

While the market experiences flash crashes and instability, MicroStrategy continues to accumulate Bitcoin. The analyst revealed that the company had also contributed to the polarization of Bitcoin due to its unending accumulation trend. While the company buys more Bitcoin, MSTR stocks continue to fall, marking a 45% decline from their high on November 20.