Solana price continues to face intense selling pressure as market conditions turn sharply negative. In the past 24 hours, Solana fell 2%, extending its weekly losses to nearly 10%. Over the past month...

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<p><span>Solana price continues to face intense selling pressure as market conditions turn sharply negative. In the past 24 hours, Solana fell 2%, extending its weekly losses to nearly 10%. Over the past month, the token has plunged over 30%, reflecting broader market sell of. </span></p></div></div>

Solana Price Faces Heavy Sell Pressure as $1.36B Is Liquidated: $100 Incoming?

After months of waiting, layer-1 blockchain Monad has officially confirmed the launch date of mainnet and TGE Token MON on November 24.
Monad sets mainnet launch date and TGE Token MON
The launch...

Monad sets mainnet launch date and TGE Token MON

Ripple (XRP) announced a successful $500 million raise at a $40 billion valuation, marking the company's largest Capital round since 2019.
Ripple raises another $500 million, raising its valuation to...

Ripple raises another $500 million, bringing its valuation to $40 billion

<p><span style="color:#7f8c8d">Author: Yuuki, TechFlow TechFlow</span></p><br/><br/><h3>TL;DR</h3><br/><br/><p>The recent market downturn is due to a combination of factors, including short-term macroeconomic headwinds, the industry black swan event of October 11th, and competition for funds among the US, South Korean, and Chinese stock markets. Long-term, the Fed's preemptive interest rate cuts and moderate liquidity injections have not generated as much buying pressure as the new Crypto assets and token unlocking have generated selling pressure, as reflected in...</p>