Solana (SOL) price stabilized near the $250 support level on Monday, after falling 10% from its all-time high over the past 24 hours.
On-chain data trends show that positive speculation on the potential approval of altcoin ETFs and volatility triggered by Trump’s memecoin launch made SOL the most demanded asset by US investors. Will SOL price rise above $300 or move back towards $200?
Dogecoin (DOGE) rose nearly 5% on Monday as crypto tokens gain momentum ahead of Donald Trump’s inauguration. The Washington Post discovered a lawsuit likely to be filed against Elon Musk’s Department of Government Effectiveness (DOGE) as soon as the president-elect takes office.
Ether (ETH) fell to its lowest level against bitcoin (BTC) since March 2021 on Sunday, as the world’s second-largest token extended losses against its biggest rival.