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Cryptocurrency News Articles

Solana Price Has Extended Weekly Losses to 14% Amid Heightened Selling Pressure for the Cryptocurrency

Apr 04, 2025 at 02:43 pm

input: Solana price has extended weekly losses to 14% amid heightened selling pressure for the cryptocurrency. Whale data on Friday revealed that roughly $46M worth of SOL

Solana price has extended weekly losses to 14% amid heightened selling pressure for the cryptocurrency. Whale data on Friday revealed that roughly $46M worth of SOL was unstaked and offloaded to exchanges in recent days.

Solana price took a bearish turn as crypto market traders and investors speculate if a recovery is even possible.

Solana price extended weekly losses to 14% as the broader market faces turmoil amid Trump’s reciprocal tariff announcement.

Solana price extended weekly losses amid heightened selling pressure for the cryptocurrency. In other news, whale data from the tracker Lookonchain on Friday revealed that roughly $46M worth of SOL was unstaked and offloaded to exchanges in recent days.

As of press time, Solana price traded at $115.91, down slightly over 3% in the past 24 hours. The weekly chart for the crypto showcases a 14% decline, further accompanied by a monthly drop of over 18%. This waning action falls in line with the recent broader market trends and increased selling pressure for the cryptocurrency.

As part of the broader crypto market downturn, investors are now turning more pessimistic towards Solana. The crypto's price action also saw a contribution from a recent incident where a part of the DeFi protocol was exploited.

As per data from the tracker Lookonchain, 4 wallet addresses collectively unstaked and offloaded $46 million worth of coins in the past 24 hours.

For context, usual market sentiments reflect bearishness in light of such massive dumps as the selling pressure for a crypto increases. Solana’s waning price action has contributed to investors’ cautious outlook toward the coin amid negative market dynamics.

Solvency concerns have also been a part of the market narrative in recent times. However, the direct impact of such concerns on Solana price remains limited.

Solvency concerns have also been a part of the market narrative in recent times. However, the direct impact of such concerns on Solana price remains limited.

Solvency concerns have also been a part of the market narrative in recent times. However, the direct impact of such concerns on Solana price remains limited.

Solvency concerns have also been a part of the.

Solana price extended weekly losses amid heightened selling pressure for the cryptocurrency. In other news, whale data from the tracker Lookonchain on Friday revealed that roughly $46M worth of SOL was unstaked and offloaded to exchanges in recent days.

As of press time, Solana price traded at $115.91, down slightly over 3% in the past 24 hours. The weekly chart for the crypto showcases a 14% decline, further accompanied by a monthly drop of over 18%. This waning action falls in line with the recent broader market trends and increased selling pressure for the cryptocurrency.

As part of the broader crypto market downturn, investors are now turning more pessimistic towards Solana. The crypto's price action also saw a contribution from a recent incident where a part of the DeFi protocol was exploited.

As per data from the tracker Lookonchain, 4 wallet addresses collectively unstaked and offloaded $46 million worth of coins in the past 24 hours.

For context, usual market sentiments reflect bearishness in light of such massive dumps as the selling pressure for a crypto increases. Solana’s waning price action has contributed to investors’ cautious outlook toward the coin amid negative market dynamics.

Solvency concerns have also been a part of the market narrative in recent times. However, the direct impact of such concerns on Solana price remains limited.

Solvency concerns have also been a part of the market narrative in recent times. However, the direct impact of such concerns on Solana price remains limited.

Solvency concerns have also been a part of the market narrative in recent times. However, the direct impact of such concerns on Solana price remains limited.

Solvency concerns have also been a part of the.

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