https://crypto.news/solana-selloff-continues-as-1-trillion-milestone-nears/
created by Afonsoo99 on 02/02/2025 at 12:32 UTC
280 upvotes, 19 top-level comments (showing 19)
Comment by [deleted] at 02/02/2025 at 16:10 UTC
72 upvotes, 2 direct replies
Literally everyrthing is down. What is everyone talking about
Comment by Any-Pangolin2931 at 02/02/2025 at 16:30 UTC
89 upvotes, 1 direct replies
Trump=Trash
Comment by coinfeeds-bot at 02/02/2025 at 12:40 UTC
18 upvotes, 1 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 goldyluckinblokchain at 02/02/2025 at 15:09 UTC
68 upvotes, 1 direct replies
Send it to zero
Comment by IncreaseOk8433 at 02/02/2025 at 16:47 UTC
50 upvotes, 0 direct replies
You can only rob people so many times before even the most degenerative of degenerates gets a sore ass from the pounding.
Add to this, said poundings are coming from venues like the leader of the free world, and people really get pissed.
The actions of the past year or so are really damaging my trust in the markets, as a whole.
Comment by themrgq at 02/02/2025 at 17:57 UTC
7 upvotes, 0 direct replies
You mean crypto sell off continues.
Comment by kirtash93 at 02/02/2025 at 12:42 UTC
31 upvotes, 3 direct replies
Crypto is dead /s
Comment by ezyezy61 at 02/02/2025 at 16:50 UTC
4 upvotes, 0 direct replies
Rek me harder
Comment by biba8163 at 02/02/2025 at 13:07 UTC
28 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 Slight86 at 02/02/2025 at 12:59 UTC
16 upvotes, 1 direct replies
Anything above zero is still too much.
Comment by Advanced-Summer1572 at 02/02/2025 at 17:15 UTC
2 upvotes, 0 direct replies
I wish the posters on Reddit actually cared about analysis. They always fail to enlighten us with insights, not just panic based "sell offs" reports. In this case? The weekend sell off is being caused by the Trade War that the president is beginning between the US and its former allies. China also...
It has nothing to do with crypto other than the fear it can induce by reporting on only the result, not the cause. Hold the line.
Comment by nyr00nyg at 02/02/2025 at 16:19 UTC
3 upvotes, 0 direct replies
Infinite supply = trash
Comment by Sidivan at 02/02/2025 at 18:03 UTC
3 upvotes, 0 direct replies
Meh. I bought SOL at $25 and sold at $183. Don’t care what happens from here.
Comment by [deleted] at 02/02/2025 at 13:26 UTC
1 upvotes, 1 direct replies
[removed]
Comment by shaggadally at 02/02/2025 at 19:11 UTC
1 upvotes, 0 direct replies
I sold the biggest part of my Solana and Pepe stack around their peaks. Feels good:D And I‘m wearing my grail watch I bought with the profits.
Comment by thongwoman69 at 02/02/2025 at 22:41 UTC
1 upvotes, 0 direct replies
inb4 pump
Comment by oregonianrager at 02/02/2025 at 17:16 UTC
0 upvotes, 1 direct replies
Going down down 🎶
Comment by j20Taylor at 02/02/2025 at 16:45 UTC
-5 upvotes, 1 direct replies
Wait till tomorrow it’s gonna drop a lot more. Bitcoin back to 80 by end of week and maybe down to 60 in 3 weeks
Comment by DicksOut4Edamame at 03/02/2025 at 01:18 UTC
-2 upvotes, 1 direct replies
I hate love this sub lmao. Everyone cheering against their own pocket books if it means they can rag on Trump even more.
You people are such morons