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Solana Price Could Drop To $109 As Whale Moves $127M SOL

CoinGape LogoCoinGape11h ago

Solana Price Could Drop To $109 As Whale Moves $127M SOL - CoinGape

Quick Summary:

While Solana price spirals downward, whales are moving sizable amounts of SOL, sparking fears of a selloff.

However, underlying metrics remain grim as it plays second fiddle to Ethereum in DEX weekly volumes.

MACD and the Relative Strength Index (RSI) are painting a depressing picture for SOL with indicators tipping prices to reach $109.

More Pictures

Solana Price Could Drop To $109 As Whale Moves $127M SOL - CoinGape (Picture 1)Solana Price Could Drop To $109 As Whale Moves $127M SOL - CoinGape (Picture 2)

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Article Details

Author / Journalist: Aliyu Pokima

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-24 @ 23:45:38 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 349 words

Reading Time: 2 minutes read

Sentences: 27 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 26408504

View Article Analysis

About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 35 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Solana Price Could Drop To $109 As Whale Moves $127M SOL" has 349 words across 27 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Which news outlet covered this story?

The story "Solana Price Could Drop To $109 As Whale Moves $127M SOL" was covered 11 hours ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 35 news stories per day.

It's most recent story was published 9 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

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  • News ID: #26408504
  • URL: https://beamstart.com/news/solana-price-could-drop-to-17404409262307

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