Solana's Price Plummets 20% as Technical Indicators Signal Further Downside
Solana's SOL token has experienced a dramatic 20% decline, pushing its market cap to $85 billion amid intensifying bearish momentum. Technical analysis indicators like the Ichimoku Cloud and DMI suggest continued downward pressure, with critical support levels at $159 and $147.
Solana Battles Market Headwinds as Meme Token Catzilla Gains Momentum
Solana (SOL) works to maintain its market position despite a 5% price decline, while trading volume surges 69% to $2.83B. Meanwhile, newcomer Catzilla attracts attention in stage 4 of its presale with an innovative USDT referral program.
Social Media Account Hacks Target Crypto Projects with AI-Related Scams
Multiple prominent cryptocurrency accounts on X platform have fallen victim to sophisticated hacking attacks promoting fraudulent Solana-based tokens and AI schemes. The incidents, including breaches of Litecoin and Foresight Ventures accounts, resulted in losses while highlighting persistent security vulnerabilities in crypto social media.
Litecoin's Social Media Account Compromised in Crypto Scam Attempt
Litecoin's official X account was briefly hijacked to promote a fraudulent Solana-based token, marking the latest in a series of high-profile crypto social media breaches. The incident highlights growing security challenges as scammers increasingly target trusted cryptocurrency brands to exploit investors.
NFT Market Defies Crypto Dip: Sales Surge to $155M Led by Pudgy Penguins Rally
The NFT market shows remarkable resilience with total sales reaching $155.4M despite broader cryptocurrency declines. Pudgy Penguins leads the charge with an 82% sales increase, while high-value transactions continue despite decreased overall participation.
Solana, XRP, and Catzilla Lead Crypto Market Rally with Massive Growth Potential
Traders are increasingly bullish on Solana, XRP, and emerging meme coin Catzilla as market momentum builds. Analysts point to growing institutional adoption, increased retail participation, and platform improvements as key factors driving optimistic forecasts for these digital assets.
Litecoin's Social Media Account Compromised in Latest Crypto Scam Attack
Litecoin's official X account was hacked to promote fraudulent cryptocurrency tokens on Solana blockchain, highlighting ongoing security challenges in crypto social media. The team quickly regained control and is implementing new security measures after the breach occurred through a compromised delegated account.
AI Token PIPPIN Soars 200% as AI-Focused Cryptocurrencies Rally
The AI agent token PIPPIN has surged 200% in 24 hours, sparking widespread gains across AI-focused digital assets. The project, featuring an AI-powered unicorn mascot created by Yohei Nakajima, combines meme coin appeal with open-source development and automated social media engagement.
Canadian Oil Company Pivots to Crypto: Centaurus Energy Rebrands as Layer One Inc.
Calgary-based Centaurus Energy announces dramatic transformation from oil and gas to cryptocurrency investments, rebranding as Layer One Inc. The company plans to focus on ETH and SOL investments, with conditional approval from TSX Venture Exchange and aims to secure $25M in financing.
Solana DEX Trading Volume Surpasses Ethereum in Historic Market Shift
Solana-based decentralized exchanges have achieved a milestone by surpassing both Ethereum and Base with $3.66 billion in daily trading volume, capturing 40% market share. The unprecedented shift marks the first time in four years that Ethereum has been displaced from its leading position, driven by Solana's efficient transaction processing and growing user adoption.