According to Foresight News, Vida, the founder of Equation News, stated in his personal channel, “I have closed the long order for XPL and reduced the position for SOL by half, just to capture the rebound profit after last night's double dip. I do not want to engage in trades with low certainty. In the current market environment, I prefer to hold the contract meme worth 10 million USD FDV that I bought yesterday for a few months without issues, as it has a clear bottom value to resist falls, while major coins lack clear bottom support.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
SOL Strategies Shares Soar 21% as February Update Highlights Validator Growth
SOL Strategies Inc. reported significant growth in February 2026, with its shares jumping 20.97% following its business update. The firm expanded its Solana validator network to over 33,500 wallets, generated 1,276 SOL in net revenue, and achieved a peak Annual Percentage Yield of 6.47%.
TheNewsCrypto3h ago
Western Union partners with Crossmint to launch the USD stablecoin USDPT on Solana
Odaily Planet Daily reports that Western Union and Crossmint have partnered to launch the USDPT stablecoin on the Solana blockchain. (Solid Intel)
GateNews6h ago
Solana and XRP prices stabilize, US employment report may trigger a new round of crypto market volatility
Solana and XRP prices are gradually stabilizing after market fluctuations, with traders focusing on the upcoming U.S. employment report. Solana is close to $90.9, and a breakthrough of $95 could push it toward $100; XRP is around $1.42, and increased buying pressure could push it up to $1.50. The movements of both are influenced by employment data, and analysts believe this will be a key catalyst.
GateNews7h ago