As the cryptographic markets fell after the recovery of Bybit of the greatest robbery of cryptography in history, the feeling has become overwhelmingly bassist and has caused the main immersions to continue during the following week.
bitcoin ($ btc) fell around -20% in the last week of February, while ethereum ($ eth) was beaten by falls for a total of -26%. The Price of Solana ($ Sol) also received significant damage with a movement of -25%, which contributed to a total of -57% from the historical maximum of almost $ 296 of the L1 cryptocurrencies, established on January 19.
In the midst of the current chaos, analysts in the chain have discovered a great activity of bullish whales that surround the Sun cryptocurrency, highlighting the need for investors to look beyond red candles and focus on the purchase opportunities.
<blockquote class="twitter-tweet”>
A whale bought 50,000 <a target="_blank" href="https://twitter.com/search?q=%24SOL&src=ctag&ref_src=twsrc%5Etfw” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>$ Sun($ 6.77m) at the bottom 7 hours ago.
From November 20, 2024 to January 21, 2025, this whale sold 122,921 <a target="_blank" href="https://twitter.com/search?q=%24SOL&src=ctag&ref_src=twsrc%5Etfw” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>$ Sun($ 28.23m) at an average price of $ 230, and now it has repurchased <a target="_blank" href="https://twitter.com/search?q=%24SOL&src=ctag&ref_src=twsrc%5Etfw” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>$ Sun at a lower price.https://t.co/jm8oup0Awz pic.twitter.com/rmt2pxa4vi
– Lookonchain (@lookonchain) <a target="_blank" href="https://twitter.com/lookonchain/status/1895029279794331894?ref_src=twsrc%5Etfw” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>February 27, 2025
Meanwhile, the first layer 2 of Solana, <a target="_blank" href="https://cryptopotato.care/b_solaxy-en_662?referrer=crypto-whales-appear-to-be-buying-solana-on-the-dip-what-about-solaxy” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>Abrexy ($ Solx)He has also raised almost $ 24 million in his presale, and continues to give Solana supporters many reasons to wait for a 2025 bullish.
SOLANA DIP Costumes hidden opportunities
During the big market sauces, especially those that can be considered “corrections”, since they imply falls greater than 10%, panic and other negative emotions can easily cloud the trial of even the most experienced investors.
Seeing large red candles in a price table can be inductor of fear, especially when they come in rapid succession. When this happens, the highest time marks and examination can help provide a vision of the bird performance birds and identify important levels to observe.
In the case of Solana, the presence of extensive wicks in a large number of daily candles shows how volatile has this cryptocurrency been since Donald Trump won the presidential elections of the United States on November 5:
In fact, Sol has been so volatile that he has barely sustained a useful range or a price trend for a significant period of time. On the other hand, Sol has generally remained above $ 180 and below $ 260, with multiple extensions above and below those key levels, and a historical maximum of almost $ 296.
This continuous state of instability and uncertainty indicates that the Solana price action is mainly driven by the feeling of the market, which continues to change due to the problems of scalability and reliability of Solana Blockchain.
The controversies surrounding the Meme Solana coins and the launch of Pads such as Pump.Fun are also in progress, creating even more fear around the sunny potential as a long -term investment. Pump.fun suspended their live service when the creators of memes coins began to transmit harmful material to promote their tokens, and the complete platform was banned in the United Kingdom by the country's financial regulator.
Above all, Solana's biggest problems are failed transactions, network congestion and the general scalability limitations of the block chain. At the time of writing this article, Solana whales are still buying the Sun Dip (establishing a key support above $ 120), and a solid rebound would help establish higher minimums and a new bullish trend.
For some Solana Savvier observers, however, the <a target="_blank" href="https://cryptopotato.care/b_solaxy-en_662?referrer=crypto-whales-appear-to-be-buying-solana-on-the-dip-what-about-solaxy” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>Abrexy ($ Solx) The layer 2 scale solution is a tasty Sol alternative at this time.
Alaxy ready to rescue Solana, ICO about $ 24 million
As noted above, Solana has not been able to create and maintain trends or price ranges that last enough to allow high probability price predictions, at least since November 2024. Currently, bullish investors seem to have been decided at $ 120 as a price level for frontal, creating sharp wicks and bounces that could lead to a new bomb during March and April.
This does <a target="_blank" href="https://cryptopotato.care/b_solaxy-en_662?referrer=crypto-whales-appear-to-be-buying-solana-on-the-dip-what-about-solaxy” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>Abrexy ($ Solx) It could be said that the most important part of the Solana ecosystem at this time. As the first solution of the first layer 2 (L2) for Solana, Abrexy aims to solve some of the weak points that still restrict Solana builders and users to enjoy a consistently reliable web3 experience. We have seen how these problems are causing important instability in the price of sun, but the launch of the 2025 could put Solana in a bullish course in the coming years.
https://www.youtube.com/watch?v=y8jzxo3fsoc
Investors who seek to be part of this historical development have already poured almost $ 24 million in the Sunx presale, the native Somy Cryptocurrency. Solx will act as a method of paying transaction fees within the Abrexy Network, and will also allow innovative interoperability levels, thanks to its compatibility with the ethereum and Solana block chains.
This means that web3 builders can resort to ethereum's liquidity resources while benefiting from the solar speed and low network rates, which causes Abraxy and Solx to be an ideal option for Defi, Gamefi, Meme Coin and nft projects that generate high volumes of Solana traffic.
For a limited time, Abakens Solx's presale presale at a discount price of $ 0.001648. Passive income options are also useful during market falls, and Solx tokens can bet for a APY of 170% PA.
<a target="_blank" href="https://cryptopotato.care/b_solaxy-en_662?referrer=crypto-whales-appear-to-be-buying-solana-on-the-dip-what-about-solaxy” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>VISIT SUPPORTS
Discharge of responsibility: The previous article is sponsored contained; It is written by a third. Cryptopotate does not support or assume responsibility for content, advertising, products, quality, precision or other materials on this page. Nothing in it must be interpreted as financial advice. Readers are strongly recommended to verify the information independently and carefully before committing to any mentioned company or project and doing their own research. Investing in cryptocurrencies entails a risk of loss of capital, and readers are also advised to consult a professional before making decisions that may or may not be based on the content previously sponsored.
Readers are also advised to read Cryptopotate's complete responsibility.
Free Binance $ 600 (Cryptopotato Exclusive): Use this link to record a new account and receive an exclusive welcome offer of $ 600 in Binance (Complete details).
Limited offer for Cryptopotate readers at Bybit: Use this link to register and open a free $ 500 position in any currency!
<!– ai CONTENT END 1 –>
<script async src="//platform.twitter.com/widgets.js” charset=”utf-8″>