Month: April 2025

Last month, Solana took a nosedive, plummeting nearly 20%, while the half-year trend dipped like a sad sack by around 18%. The weekly drop of about 16% paints a picture of a persistent bearish bias, like a rain cloud that just won’t go away. Price fluctuations have been bouncing between a meager $98 and a lofty $166, creating a backdrop that’s as exciting as watching paint dry for short-term traders. Indicators, including a negative momentum reading and an oscillator that’s taken a vacation below zero, confirm that the downtrend is as real as your uncle’s fish stories.

Bitcoin? Oh, it pulled in $195 million in weekly inflows, but then it got hit with a whopping $826 million in outflows. Ouch! Ethereum? It’s crying in the corner after losing $370 million. Meanwhile, Solana’s $26.9 million gain is cute, but it’s like bringing a knife to a crypto gunfight. 🔪💥

Sei (SEI), that new layer-1 network, promised to be fast, like a jackrabbit on a hot date. But she’s been headin’ south, closer and closer to that all-time low, even as folks are buildin’ and hustlin’ all around her. Seems like SEI been losin’ ground for four weeks straight. Sittin’ at her lowest since last November, a whole 78% down from her glory days. Ouch. 🤕

In a week that felt like a bad reality show, Bitcoin ETFs faced a net selling of $107.81 million. It seems like investors are pulling back from riskier assets like Bitcoin, probably because they heard the word “tariff” and thought, “Nope, not today!” The sell-off followed a rollercoaster ride of volatility, with spot Bitcoin ETFs getting hit harder than a piñata at a kid’s birthday party. 🎉

According to the venerable Wall Street Journal, Circle, much like an anxious debutante on the eve of her ball, finds itself at a crossroads. It peers into the financial abyss, pondering its next move with trepidation, akin to Klarna and StubHub, who too, are caught in this waltz of hesitation.