Solana (SOL) dropped to $142 on Tuesday despite DeFi Development Corporation's latest purchase of 82,404 SOL, raising its total holdings above 400,000 SOL. Likewise, Toronto-based company SOL Strategies also acquired $18 million worth of SOL at an average price of $148.96 per token.
Ethereum (ETH) dropped 2% on Monday, tapering gains from its impressive rise last week. On-chain activity shows the price growth was fueled by rising whale optimism and institutional buying pressure.
The cryptocurrency market gains strength on Monday, led by select altcoins like Sui, Stacks (STX) and Fartcoin, following another round of instability in United States (US) markets caused by President Trump's administration's plan to shake up the Federal Reserve (Fed), and possibly fire Fed Chair Je