Breaking: Binance Suspends Solana (SOL) Withdrawals, Here’s Why

Quick Summary:

The move comes as Donald Trump launched TRUMP meme coin on Solana, taking the liquidity from other tokens in the crypto market today.

Binance has paused the withdrawal of SOL coins through Solana Network after it recorded a high withdrawal volume.

SOL price is now at $236.38, which also reflects an uptick of 26.90% in the last 7 days and an increase of 12.39% in the last 1 month.

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Category: Crypto

Markets: IndiaSwitzerland

Topics: Altcoin News Binance Coinbase Solana (SOL) 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-18 @ 08:16:37 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 294 words

Reading Time: 2 minutes read

Sentences: 26 lines

Sentence Length: 12 words per sentence (average)

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Copyright Owner: © CoinGape

News ID: 25232010

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Main Topics: Crypto

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