CandleFocus Solana Dip: Binance Buys, But Should You? (Price Analysis)
2025-02-20
Author: Content Editor
Solana (SOL) has experienced a significant pullback from its January peak but may be turning things around as Binance has started purchasing the altcoin in large quantities. This suggests that institutional players and large market participants are buying the dip, which could support a potential price rebound. The current price of SOL is near a key support level and the chances of approval of a spot Solana exchange-traded fund (ETF) in the United States could push the token higher. The Relative Strength Index (RSI) suggests that the selling spree might be losing steam and a bounce could be on the horizon. However, the MACD indicator indicates that the bears are still in control but their grip may be weakening. Overall, traders are advised to exercise caution and consider this information for informational and educational purposes only.
Related News
Analyst says spot Bitcoin ETFs used for ‘massive market manipulation’ — Is he right? WLFI-backed RWA project Ondo Finance unveils European, Polygon expansion in Assetera partnership SEC to rule on Grayscale’s XRP ETF by October 18 as review progresses Sonic (S) Surges Over 50% In a Week, Market Cap Surpasses $2.5 Billion Original Pudgy Penguins Artist Finds 'Freedom' With New Berachain NFT Collection Meme coins suffer the biggest outflow in open interest Australian regulator warns of crypto ‘horror scenarios’ if Trump loosens regulation Analysis Company Predicts the Course of Bitcoin and Altcoins in the Coming Days: “More in the New Round…” Why Altcoins Can’t Make the Expected Mega Bullish Move? Analyst Reveals the Main Reason Crypto rides the Trump optimism Bitcoin Corporate and Sovereign Reserves Show Potential to Reshape Wider Market Michael Saylor urges US to buy 20% of Bitcoin for digital economy dominance This small Kansas town lost millions to a crypto scam, still can’t recover Here’s How Bitcoin (BTC) Could Skyrocket to $180,000 This Year, According to VanEck Executive Matthew Sigel Muted demand for long-dated US Treasurys raises alarm — Is Bitcoin at risk? Germany’s Chancellor Front-Runner Friedrich Merz Signals Shift in Crypto Policy Societe Generale-FORGE launches EUR-backed stablecoin on Stellar Sinema calls Arizona a 'trailblazer' as state pushes to keep unclaimed crypto in native form TAO Price Poised for 46% Surge, Key Levels to Watch Litecoin Price Faces Sharp Rejection at $130, What Next For LTC? Bitcoin (BTC) on Cusp of Reclaiming $100K FOMC minutes hint at end of quantitative tightening Bad Moon Rising for Bitcoin? Astrologers Think So as Rare Cosmic Event Approaches Data Revealed: Users Made the Most Profit in These 5 Altcoins Over the Last Year – They Didn’t Sell Despite Losses in 5 Other... Sam Bankman-Fried Urges Trump for Pardon in His First Interview from Prison Canada’s OSFI sets new guidelines for banks to manage crypto exposure MELANIA Trades at All-Time Lows as 30 Million Token Unlock Had Little Impact SEC acknowledges slew of crypto ETF filings as reviews, approvals accelerate Oooo Partners With Lottry To Launch The First Fully AI Agent-Run Lottery Freed Silk Road creator rallies support for Roger Ver European Central Bank ramps up wholesale CBDC platform development Kava AI integrates DeepSeek for decentralized crypto transactions Story (IP) Price Prediction for February 21 Is the Current Bitcoin Price Cheap or Expensive? Analytics Company Shares Its Special Metric Argentina’s president Javier Milei arrives in Washington amid crypto scandal Emergency Sky proposal sparks governance debate PEPE Could See 50% Crash If Support Fails – Warns Analyst Here are Ethereum Price Levels to Watch Today Spot Bitcoin ETF inflows stall, but analysts say CME BTC basis hints at price reversal Stablecoin Legislation Could Unleash 1,000 Tether and USDC Rivals, Expert Says Bitcoin Flashing Early Signs of Bullish Divergence, According to Crypto Analyst – Here’s His Outlook Why These Altcoins Are Trending Today — February 20 Atlanta Federal Reserve President Predicts Two Interest Rate Cuts in 2025 NEAR Protocol gets institutional boost with new Laser Digital fund Bittensor surges 18% in a day: TAO can sustain the rally only IF… KAITO Token Airdrop Launches on Base: Price Impact of ‘Claim Fee’ in Focus Chainlink Price Struggles Below $18, But Recovery Likely Bitcoin Hashrate Growth Slows Amid Tough Market Conditions for Smaller Miners Franklin Templeton launches its Bitcoin and Ether ETF “EZPZ” Jupiter (JUP) Faces Volatility: Can It Recover to $1.00? Could Dogecoin Price Surge 25% as It Nears Symmetrical Triangle Breakout These Innovations in Web3 Gaming Are Bringing Traditional Studios Onboard Bybit CEO Continues to Criticize Pi Network, Calls It a Scam XRP Defends Key Support at $2.47—Will It Rally to $3? Nobody will be happy about fundamental metrics in crypto — including this one Binance Coin (BNB) Price Prediction for February 20 Story (IP) overtakes VIRTUAL in strong recovery from post-launch Ethereum Price Prediction: Recession To $2.5K On The Way? Ripple Rival Stellar (XLM) at a Critical Level, Will Price Soar or Crash? Novogratz Names Key Reason Why XRP and ADA Remain Among Top Tokens Whales Pour $730 Million into XRP to Keep Bullish Price Structure Intact Bitcoin on Short Squeeze Watch? Potential $1 Billion Liquidations in Play Here’s why Litecoin price may soar 75% Crypto.com natively integrates the staking of TON Is Another Dogecoin Dip Coming? Analyst Breaks Down Key Support and Resistance Levels Ondo Finance Dominates the RWA Sector by Transaction Volume Canary Capital Announces the Launch of the Canary AXL Trust, an Institutional-Grade Fund Changpeng Zhao Asks: Is US Government Quietly Buying Bitcoin? Will BTC Price Follow S&P 500 to ATH as Fed Ends Quantitative Tightening? John Deaton Highlights Ripple’s Role In XRP ETF’s Acknowledgement Is World Liberty Financial a dead project? Ethereum Onchain Costs Slip Below 1 Gwei as Decimals Return Some Wallets Still Trading LIBRA Despite $251 Million Losses: Nansen More ETF Applications Flock Markets as Nasdaq and Grayscale's ETF File for XRP, LTC, Solana, and Cardano ETFs European Central Bank pushes forward with DLT-based transaction settlement Bitcoin staking platform Acre raises $4 million at $90 million token valuation KuCoin EU Seeks MiCAR License to Expand Crypto Services Across Europe SEC approves first yield-bearing stablecoin security Trump Crypto Push Leaves World No Choice but to Embrace Digital Assets: Bitpanda's Demuth Ethereum Foundation looks to hire 'social media manager' in latest bid to win back community approval NFTs Are Dead? Don’t Tell NFT Paris XRP Price Analysis: Bulls on the Prowl as Resistance Shatters Limits Falcon Finance reaches $25 million in total value locked Bitcoin Tests $97.5K Even as Market Momentum Stalls Monero Mining Malware Hits Users Downloading Game Torrents Strategy announces pricing of $2B debt issuance with 35% premium JUST IN: Coinbase Announces It Will List A New Altcoin – Binance Listed It Recently, It’s Falling Despite Listing Solana (SOL) Dominates Ethereum and Tron in Fee Revenue: Details Cardano (ADA) Price Prediction for February 20 Cardano (ADA) Price Skyrockets as Fresh Inflows Enter Crypto Market Trump floats 20% ‘dividend’ check, but DOGE savings still don’t add up BERA’s Price Recovery Sparks Hope, But Negative Sentiment Looms DOGE lies break Polymarket prediction market Michael Saylor Reveals Details of $2 Billion Loan to Buy Bitcoin Kaito tokenomics out – concerns over insider allocations mount Here’s Proof Why Bitcoin Could Be Meme Coin, According to Dogecoin Team Crucial Call to Action Issued for XRPL Validators, Here's Why ECB Exploring Blockchain-Based Payment System For Central Bank Money Transactions Bitcoin LTHs Reduce Sales by 60%, CryptoQuant Analyst Identifies Next Price at Which They Could Resume BNB Chain's $4.4M Memecoin Liquidity Program Is Underway Over 4,000 Wallets Now Own at Least 10,000 Ethereum, Whales Buying Dip? The Next Decade, Part 4: Actual Predictions Doodles’ Solana token fails to impress Here’s How Much Bitcoin the G8 Countries Will Have if They Reallocate Just 5% of Their Gold Stash RWAs Dominate Thursday’s Altcoin Market Recovery: INJ Takes The Lead Onramp and Arch Launch Bitcoin-Backed Lending Service Ethereum (ETH) Price Prediction for February 20 2014 Vitalik Buterin couldn’t raise for Ethereum today SEC launches Cyber and Emerging Technologies Unit, replaces Crypto Assets and Cyber Unit Ethereum Taker-Buy-Sell Ratio Soars Despite ETH’s Sideways Movement Crypto investors see 518% surge in gains in 2024, while ETH leads losses: CoinLedger 24% of top 200 cryptos at 1-year low as analysts eye market capitulation Crypto Market Alert: Saturn’s ‘Danger Zone’ Threatens Bitcoin Until March 13 – Price Crash Incoming? What’s behind ‘bearish’ altcoin action: Amberdata What is FUD in crypto? Crypto trading term explained Binance CEO Stuns Community With 'Safer Crypto for Everyone' Tweet TRX price eyes 85% surge as Tron meme coins rebound Arweave-based 'permanent cloud' storage network AR.IO launches mainnet and TGE Solana Whale Stakes 134K $SOL in 2 Days Exclusive: Transak secures regulatory approval in two more states for crypto payments Maker DAO drama flares amid proposal to tackle ‘governance attack’ Vitalik Buterin Makes Bold Statements About Bitcoin (BTC) and Ethereum (ETH)! "Just Two…" Exodus integrates Venmo for crypto purchases, expanding access to over 60 million users CrossFi Supercharges DeFi Expansion with Multiple Strategic Partnerships SEC is “very, very Interested” in crypto staking, signals potential guidance Shiba Inu Burn Rate Drops to 1.97% in Momentary Lull Swiss-regulated Sygnum Bank weighs in on mainstream enthusiasm for crypto ETFs Bitcoin Price Prediction: Is BTC Ready to Break $100K Again? Crypto VCs ‘excited’ about AI agents but not yet investing Cardano Price Set for 24% Move According to This Analyst: What You Need To Know SUI vs. XLM Price Analysis: Which Altcoin Will Surge? Only 240 Million XRP in 24 Hours: Whales Are Not There Kaspa (KAS) Price Shoots Up 10% After Coinbase Listing, What’s Next? Vitalik Buterin criticizes crypto’s moral shift toward gambling Base DEX SynFutures Rolls Out AI Trading Agent Ethereum's Pectra Upgrade ‘Huge’ for Staking Ecosystem: P2P.org Exec XRP Price If It Gains 50% Share of Global Crypto Market Trump vows Fort Knox gold audit; prediction markets react Adam Back Makes Bullish Case for Bitcoin as BTC Price Reclaims $97,000 Global Liquidity Suggesting That Crypto Rally Still Has a Ways To Go, According to Real Vision Analyst Ethereum Eyes Triangle Breakout Rally: Is $4,000 Next? 100,000,000 Dogecoin (DOGE) Hits World's Largest Crypto Exchange BTC Price Cycle Trend Aligns with Past Peaks, Suggesting Further Upside Bitcoin Rebounds Above $97K: Is $100K the Next Stop? Pi Network's Token Debuts at $195B Value Despite Minimal Liquidity Deutsche Bank-backed Taurus unveils new confidential token standard Bitcoin Price Analysis: Is BTC in the Calm Before the Storm? U.S. Stablecoin Adoption Is Being Hindered by a Lack of Regulation, S&P Says Cardano (ADA) Flatlines, But Market Liquidity Tells a Different Story Apex Fusion Foundation debuts blockchain ecosystem and AP3X token Crypto Custody Firms BitGo and Copper Deliver Off-Exchange Settlement for Deribit Supra launches its DeFi Revolution campaign Grok 3 AI Predicts Cardano Price Will Surge to $5 in This Bull Cycle Here are XRP Price Levels to Watch as ETF Hopes Stir Excitement Whale Loses $9.85 Million from Long Positions in BTC, SOL, and Other Tokens Stellar Development Foundation Unveils 2025 Roadmap—Here’s What’s Next Solana risks becoming memecoin 'hellscape' mirroring BNB Chain in 2021 Top 3 Reasons why XRP Price is on the RISE Shiba Inu Price in Red as First Major Death Cross in 2025 Appears Daily Market Review: BTC, ETH, BTT, BERA, SEI Chainlink (LINK) Flips Stellar (XLM) as Altcoins Eye Recovery Kaito token airdrop claims for 'Yappers' go live on Base ahead of exchange listings Metaplanet Now Holds 0.01% of Bitcoin's Total Supply Bitcoin Nears Channel Breakout: Can BTC Hit $100K Soon? Ex-Binance Boss CZ: ‘There Is No Escape’ From Bitcoin Global crypto adoption grew by 13% through 2024: report Dogecoin Whale Dumps 100M Coins; What’s Next For DOGE Price? SEC, Making Consecutive Moves for XRP, Officially Starts Approval Process for Solana (SOL) ETFs! Singaporean woman sentenced to nearly 10 years of jail for stealing $4.2m from Bybit Here’s Dogecoin Price if DOGE Reaches Tesla Market Cap Aptos Accuses Monad of Code Copying, Monad Denies the Claim Solana (SOL) Buyers Retreat as Coin Dips Below Major Support Level Shiba Inu (SHIB) Trillionaires Disappearing? Worrying Data Vitalik Buterin Praises Family’s Role in Ethereum’s Genesis How to Qualify for the Kaito Airdrop? A Quick Guide Ripple (XRP) Jumps to $2.7, Bitcoin (BTC) Taps $97K (Market Watch) PEPE Nears Critical Support: Will Bulls Hold $0.0000092? Story (IP) Leads Market Rally with 48% Surge, Reaches New All-Time High SEC voluntarily dismisses appeal in case to push 'dealer rule' on crypto, DeFi Pig butchering scams stole $5.5B from crypto investors in 2024 — Cyvers 'Excellent Chart': XRP Price Earns Emotional Praise From Top Trader Crypto Analyst Projects Dogecoin Price to $5.80 – Could This New Meme Coin Hit 10x in the Short Term? FBI, SEC among top agencies requesting data from Kraken in 2024 Crypto Exchange Deribit Still in Talks to Be Acquired by Kraken: Source Bitcoin Primed To Crash Lower Before a ‘Violent and Glorious Bounce,’ Says Crypto Analyst – Here Are His Targets JPMorgan says crypto faces downside risk as bitcoin and ether futures show weak demand 2 cryptocurrencies to reach a $50 billion market cap in March SEC Member Hester Peirce Warns Against These Altcoins Once Again! "You're on Your Own!" Bitcoin L2 ‘honeymoon phase’ is over, most projects will fail — Muneeb Ali SUNDOG Token Breaks Out: Surges 58% as TRX Ecosystem Fuels Rally Bitcoin Struggles to Reclaim Key Resistance as It Tests Trendline Support Hedera Joins ChainGPT to Streamline NFT Minting Japan’s FSA approves reforms to ease stablecoin and brokerage regulations Ripple’s XRP surges 7% overnight – XRP ETF filings sentiments take effect Shiba Inu Has Added 840K Addresses Over the Past Year Binance Coin (BNB): Price Holds Above $650, Headed To…? Binance Whales Moving Solana Away in Millions: What's Happening? Canary Capital launches Axelar trust, AXL jumps nearly 13% Kraken: increase in data requests from law enforcement agencies Ondo Finance dominates the RWA sector in transaction volume Secret Network Advances Privacy-Upholding AI Agents in Collaboration with Project Zero Kraken eyes India relaunch following 2024 ban Dogecoin Price: Will Golden Cross To Trigger A Pump To $1 Soon? Litecoin Nears Key Breakout as SuperTrend Buy Signal is Close Bitcoin ETFs continue outflow streak as BTC reels from geopolitical tensions Report shows uptick in startups using Bitcoin in their balance sheet Sony and Astar Network to launch 100M token campaign to drive ecosystem growth Donald Trump’s World Liberty Financial purchases $10M in WLFI, $125K in SEI XRP Shark and Whale Wallets on the Rise as XRP Gains 284% Against Bitcoin in 14 Weeks Argentina Crypto Watchdog Sidesteps LIBRA Mess, Focuses on New Rules 'Rich Dad Poor Dad' Author Calls Bitcoin One Answer to Fundamental Question Here’s Why XRP Price Is Up 6% Today UAE saw 41% increase in crypto app downloads in 2024 — AppsFlyer Pi Network (PI) Listed on Crypto Exchanges, Price Drops 21% Analysis: Is Coinbase’s Shady Staking Affecting Ethereum’s Price? Expert Reveals How Holding Just 2,501 XRP Can Land You on the XRP Rich List Bitcoin Critic Paul Krugman Hacked to Promote Fake Token EigenLayer, Polymarket and UMA collaborate on 'next-gen oracle' Can XRP Turn $1,000 to $1M? Here are Factors That Could Help Solana Dip: Binance Buys, But Should You? (Price Analysis) AI, blockchain convergence to bring ‘watershed moments’ in 2025 Crypto voters could tip upcoming Australian federal election: YouGov poll Solana’s annualized inflation surges 30.5% after SIMD 96 implementation Coinbase CEO Brian Armstrong Explains Why Bitcoin Is A Meme Coin VeChain’s Tokenomics Just Got a Makeover: What It Means for VET’s Price Analyst Forecasts Litecoin Price Target of $5,000 This Cycle As SEC Acknowledges LTC ETF Coinbase Shares 6 Priorities To Fix Flawed Crypto Law in the US Tether leads $10 million funding in cross-border payments firm MANSA Dogecoin Eyes Breakout: Bullish Cues Could Push DOGE Towards February Highs Crypto ETFs are 'Dragging Along' the Negatives of Traditional Finance: Sygnum Aptos Price Forecast: APT and Mereo partnership fuels investors’ optimism as K-Pop fan engagement evolves SOL and SUI Buck the Trend, Posting Gains Despite Bitcoin’s Lull Blockchain Bridging Protocol LayerZero to Connect With Bitcoin Sidechain Rootstock MANTRA Launches Program for Real-World Asset Startups With Google Cloud Support Uniswap & the UNI Token: Explained Oobit integrates MetaMask and other DeFi wallets for instant crypto payments DePIN Union and Stratos Network: A Game-Changing Web3 Collaboration in Decentralized Computing Bittensor price hits $430 as Coinbase lists TAO Donald Trump's Crypto Holdings Revealed: Full Portfolio Breakdown XRP Price Prediction For February 20 Federal Reserve might cut rates because of Trump’s tariffs Lightning Labs CTO downplays node security bug, citing compromised user Polkadot price prediction: here’s why DOT may surge 500% soon AILayer Partners With Lottry to Launch the First Fully AI-Run Lottery Experience Bitcoin (BTC) Price Pullback – Where’s the Next Strong Support? CoinDesk Indices Launches CoinDesk 100, Memecoin Index in Industry Boost Expert Discusses BRICS Currency Push—Is Gold-Backed System the Ultimate Solution? Bitcoin Rebounds Above $95K as Strategy Plans $2B BTC Purchase XRP Bulls Return—Will This Be the Breakout to $3? Pi Network Mainnet Launch Today – Pi Coin Price To Crash After The Launch Crypto News: SEC Voluntarily Dismisses Appeal in Landmark Crypto Rulemaking Case Coinbase’s Brian Armstrong reminds crypto community that insider trading is illegal OKX Issues Warning Over Malicious Mining Software ‘Bom’ Linked to Theft Bitcoin Price Edges Higher But Remains Stuck In a Tight Zone Ethereum Price Builds Strength—Will It Finally Break Higher? Coinbase Pressures Congress With 6 Priorities to Reform Crypto Law Bitcoin Price Analysis: Why Trump’s talk with Putin Could Drive BTC Rebound to $100K Pump.fun moves $11M in SOL to Kraken as trading activity drops amid LIBRA scandal Cardano (ADA) Price Prediction for February 20 Accumulate Integrates with Bion to Boost Web3 Shopping with Crypto Memecoins are officially ‘cooked’ after Libragate, says crypto VC Post-Coinbase Listing, CLANKER’s Market Value Exceeds $60 Million XRP Battles Resistance at $2.5000, Can a Breakout Spark a Bullish Wave? Solana Battles Key Support as Traders Watch for a Major Price Shift Bitcoin Holds Strong at Key Level as Traders Await Next Move Ethereum NFT Game 'Fantasy Top' Expands to Monad Alongside Testnet Launch Montana becomes 4th US state to advance Bitcoin reserve bill to House DeFi will soon pump harder than in DeFi summer: dYdX Foundation CEO Tether Excluded as MiCA Clears 10 Stablecoin Issuers In Europe Bitcoin’s Make-or-Break Moment: What’s Holding Back the Next Big Rally? Dave Portnoy’s Meme Coin Mess: Pump & Dump Claims Spark Legal Heat HyperEVM Launch Boosts Hyperliquid’s Financial Ecosystem Bitgert Redefines Digital Asset Interactions in Strategic Collaboration with Taτsu A Case for Buying the SHIB Dip? Whale Earns $1.63 Million Profit After $32.55 Million Shiba Inu Deposit Experts Say XRP to $10,000 Isn’t Crazy, It’s Conservative Hedera Struggles to Maintain Momentum After 40% Correction 3 Critical Risks That Could Crash Pi Network’s Price Post Mainnet Launch Bitcoin Forms Triangle Pattern with Possible $106K Breakout Ahead DEX SecondSwap Launches Mainnet on Ethereum With Plans for Solana Expansion Bitcoin must hold $92.5k amid accumulation phase reminiscent of May 2021 Trump credits Bitcoin’s record highs to his pro-crypto stance: ‘America is the crypto capital’ Bitcoin Jumps Past $96K as Binance Spot Takes Control of the Market Solana Price On The Verge Of 2022-Like Crash To Send It Back To $22? “This is the world’s largest casino” — How did meme coins hijack crypto’s future? Here’s what experts say BONK Faces Downtrend – Will It Rebound or Drop Further? Soneium to Boost Blockchain Interoperability in Partnership with Reactive Network Trump mulls passing on 20% of DOGE savings to Americans Toncoin Price Eyes $4 Recovery Amid Rising Staking Inflows Hyperliquid (HYPE) Among Top Three Best Plays in Crypto Market Right Now, According to Analyst Daily Crypto Market Overview $103B Volume, BTC at 60%, and $APT with a 16% Bounce Solana-based derivatives DEX 01 relaunches as N1 with Arthur Hayes and VC support after two-year hiatus 86% of crypto traders lost money to president Javier Milei’s rug pull Will Ethereum (ETH) Dodge Death Cross? XRP Paints Secret But Major Pattern, Dogecoin (DOGE) Might Surprise You More Than Luck: How the $100 Million Trump Meme Coin Whale Got the Inside Scoop SEC voluntarily dismisses it case with Blockchain Association and CFAT Ethereum transaction fees plummet 70%, hitting lowest levels since 2020 Trump underscores committment to make US the 'crypto capital' Grok-3 Review: How Elon Musk’s AI Compares to ChatGPT, Claude, DeepSeek and Gemini Strategy lures investors with better terms for $2 billion debt offering Coinbase urges Congress to act on crypto regulation or risk innovation exodus SEC acknowledges WisdomTree’s XRP ETF filing, opens 21-day public comment period Ethereum Stalls Below $3,000 as Buying Pressure Remains Weak Pump.fun Activity Cools as President Milei’s Solana Meme Coin Fiasco Unfolds SEC acknowledges spot XRP filing from Canary Capital Whale Accumulation Surges as XRP Eyes $3.40 Resistance Cardano Awaits Confirmation as Indicators Diverge Bitcoin up 2.1% after FOMC minutes signal possible QT slowdown The SEC May Be Stalling to Dismiss the XRP Lawsuit Tether (USDT) inflows to markets reach $450M in the past day, the highest since February 3
