Solana Coin price

JUST IN: $500 million worth of late long positions were liquidated as the market plunged: Bitcoin: -$1,935 (-2.5%) Ethereum: -$130 (-5%) Solana: -$11.50 (-11.5%) XRP: -$0.60 (-37%)

🚨 Market correction is ongoing, guys… And the Last 3 days have been totally crazy! • Ethereum went up 35% in 3 days, but $ETH dropped 5.3% in the last hour, causing $98.48M in shorts. • Solana jumped 38% in 3 days, but $SOL fell 13% in the past hour, triggering $44.67M in shorts. • Bitcoin increased by 26% over the past 3 days, but $BTC decreased by 2.65% in the last hour, triggering a $42.22 million short position. • $XRP rose by 71% in 3 days but fell by 19% in the past hour, triggering a $40.9 million short position. $300Million across just these five assets. Don't FOMO. Don't revenge trade. Let the market breathe. 🫡

I’ve been staring at the charts for the past couple days trying to figure out what the hell just happened. After weeks of the market just sitting there doing nothing, everything suddenly woke up. One minute you’re looking at Bitcoin stuck in the mid-60s, the next it’s printing numbers we haven’t seen since early summer. Here’s the rough picture as of Friday Bitcoin ripped from around $64k on Wednesday to the mid-to-high $70s. Some prints even touched near $79k. That’s a solid 18-20% move in just a few days. Ethereum was the real standout early on. It jumped almost 18% in a single session at one point and is sitting near $2,350–$2,400. Weekly gain is closer to 25%. XRP has been even more aggressive percentage-wise. It’s back above $1.30 and has put on more than 30% over the week. Solana is holding around $90–$93 after a roughly 20% weekly climb. Dogecoin followed the usual meme pattern lagged a bit at first, then caught up with a 18–20% move to around $0.083. So what actually flipped the switch? The biggest catalyst came from outside crypto. On Wednesday the US Treasury said it would at least double its long-term bond buybacks from $2 billion to $4 billion (or more) per operation starting in September. Long-end yields had been climbing hard (the 30-year hit levels last seen in 2007). When that announcement hit, yields pulled back, the dollar softened a little, and risk assets suddenly looked more attractive. Crypto reacted first and hardest. That move ran straight into a market that was heavily short. Liquidation data shows several billion dollars of short positions got wiped out in a very short window. Once the forced buying started, it fed on itself. Classic short squeeze dynamics. On top of the macro stuff, the political side also helped. Trump held a White House meeting with crypto executives and publicly pushed for the CLARITY Act again. The SEC floated some new framework ideas around the same time. None of that is finished legislation, but after months of regulatory fog it was enough to improve sentiment. Institutional flows turned positive too. Bitcoin ETFs saw several hundred million in daily inflows after a quiet stretch, and Ethereum products followed. That real buying helped the move stick instead of just being a pure derivatives squeeze. Looking at the individual tokens: Bitcoin is still the leader. The weekly candle is one of the strongest we’ve seen in a long time. Whether it can hold above $72–73k will tell us if this is just a relief rally or something more durable. Ethereum’s outperformance makes sense if people are rotating back into higher-beta large caps. The ETH/BTC ratio improved, which is usually a good sign for alts overall. XRP’s move feels more narrative-driven regulatory optimism hits it harder than most. It’s been the cleanest percentage winner among the majors this week. Solana continues to trade like a high-beta risk asset. When liquidity comes back, SOL usually moves fast. Same story with DOGE it just needs the broader risk-on tape and some volume to wake up. I’m not calling this the start of a new bull market yet. Moves this sharp after a long quiet period often get some profit-taking. The real test will be whether the ETF inflows stay positive next week and whether the bond market keeps cooperating. If long yields start climbing again or the Clarity Act talk fades, a lot of this can unwind quickly. For now the market finally has a reason to move. After weeks of boredom, that alone feels refreshing. Just don’t get married to the idea that this pace continues every day. $BTC $XRP $DOGE

Solana is leading a modest recovery across major cryptocurrencies, even as global semiconductor stocks face heavy selling pressure. Bitcoin is holding near $64,250, gaining slightly on the day and about 1% over the past week. Ethereum is trading just above $1,900, while Solana has climbed roughly 2% to around $77, making it the strongest major cryptocurrency in the latest session. The contrast with Asian equities is striking. Samsung Electronics and SK Hynix both fell more than 7%, contributing to a sharp decline in South Korea's broader market. Semiconductor weakness also spread across other global technology markets as investors reassessed the outlook for expensive AI-related investments. ▪️Why Crypto Is Holding Up From my perspective, the most important signal is Bitcoin's ability to remain around $64,000 despite the pressure hitting technology stocks. Crypto is showing that it does not necessarily have to follow every major move in traditional risk assets. Solana's relative strength is even more interesting. SOL continues to outperform Bitcoin and Ethereum over the short term, suggesting that traders are still willing to take selective exposure to higher-beta crypto assets. However, I would remain cautious. Rising U.S. Treasury yields are keeping financial conditions tight, while markets are waiting for further clues on the Federal Reserve's interest-rate path. Higher yields can eventually put pressure on both equities and cryptocurrencies. ▪️My Take For now, the crypto structure remains cautiously constructive, with Solana leading and Bitcoin defending the $64,000 area. The next major test will be whether buyers can maintain this strength if pressure across global markets continues. $SOL $BTC $ETH