The post Will Solana (SOL) Price Collapse to below $100? appeared first on Coinpedia Fintech News
SOL, the native token of the Solana blockchain, is garnering significant attention from crypto enthusiasts due to its recent price drop and whale activity. Today, February 25, 2025, a blockchain-based transaction tracker, Crypto Beast, made a post on X (formerly Twitter), stating, “Binance is selling all their Solana holdings.”
Current Price Momentum
This post on X went viral, gaining significant attention from crypto enthusiasts and causing a price drop of over 8% in the past 24 hours. With this substantial decline, SOL is currently trading near $143, while its trading volume during the same period has soared by 130%, indicating heightened participation from traders and investors.
🚨 BREAKING 🚨
BINANCE IS SELLING ALL THEIR SOLANA HOLDINGS pic.twitter.com/jGJY5mRixN
— Crypto Beast (@cryptobeastreal) February 25, 2025
The jump in trading volume doesn’t necessarily indicate a bullish or bearish signal. It typically occurs when an asset expe
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