Solana has been in a downtrend for over two weeks, despite the market’s overall relative stability. As a result, the fifth-largest coin by market capitalisation (excluding stablecoins) is trading near $80, close to its February lows. It has not traded consistently below these levels since the end of 2023, having lost 70% from its peak at the start of 2025.

Crypto News

Large holders have shifted from accumulating Bitcoin to selling, and this trend is long-term, according to CryptoQuant. Addresses holding between 1,000 BTC and 10,000 BTC have reduced their holdings by 188,000 BTC over the past year.

At the same time, demand for Bitcoin in the US is…