Solana selloff continues as $1 trillion milestone nears

https://crypto.news/solana-selloff-continues-as-1-trillion-milestone-nears/

created by Afonsoo99 on 02/02/2025 at 12:32 UTC

28 upvotes, 6 top-level comments (showing 6)

Comments

Comment by kirtash93 at 02/02/2025 at 12:42 UTC

8 upvotes, 3 direct replies

Crypto is dead /s

Comment by goldyluckinblokchain at 02/02/2025 at 15:09 UTC

1 upvotes, 0 direct replies

Send it to zero

Comment by Slight86 at 02/02/2025 at 12:59 UTC

5 upvotes, 2 direct replies

Anything above zero is still too much.

Comment by biba8163 at 02/02/2025 at 13:07 UTC

6 upvotes, 2 direct replies

┌─────┬──────┬──────────┐
│     │ 1-YR │ 2021-ATH │
╞═════╪══════╪══════════╡
│ ETH │ 32%  │   -37%   │
├─────┼──────┼──────────┤
│ SOL │ 108% │   -15%   │
└─────┴──────┴──────────┘

According to this sub's posts, ETH keeps surging while SOL keeps dumping. /r/cryptocurrency is a mETH head circle jerk echo chamber.

Comment by coinfeeds-bot at 02/02/2025 at 12:40 UTC

2 upvotes, 0 direct replies

tldr; Solana's price has dropped significantly, falling to $210, a 30% decrease from its peak this year, despite the network achieving a record $258 billion in volume in January. The total volume handled by Solana is nearing $1 trillion, with expectations to surpass this milestone in February. The sell-off in the crypto market has affected many coins, including Solana, which has seen a decrease in active wallets and market cap for its meme coins. Solana's unique 'proof of history' protocol is highlighted as a potential market leader advantage.

Comment by [deleted] at 02/02/2025 at 13:26 UTC

1 upvotes, 1 direct replies

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