Solana (SOL) price has risen more than 5% in the last 24 hours, bringing its market cap to around $117 billion and trading volume to surpass $6 billion. Despite this short-term surge, technical indicators remain mixed, with the Ichimoku Cloud showing uncertainty and the BBTrend still in negative territory.

SOL has been consolidating between $225 and $239, and its EMA lines are positioned closely, suggesting indecision in the trend. Whether SOL breaks out toward $272 and beyond or faces further downside pressure will depend on key technical confirmations in the coming days.

Solana Ichimoku Cloud Signals Mixed Market Sentiment

Solana Ichimoku Cloud setup presents a mixed outlook. The price is currently hovering near the Kijun-sen (red) and Tenkan-sen (blue) lines. The cloud (Kumo) ahead is red, indicating a potential bearish sentiment in the coming sessions. The price recently moved inside the cloud, suggesting a period of indecision where neither buyers nor sellers have full control.

The Chikou Span (green) is weaving through past price action, reinforcing this uncertainty and signaling that SOL is still in a consolidation phase rather than a strong trend.

The thickness of the upcoming cloud suggests that volatility may increase, as a thicker cloud often represents stronger resistance or support zones. The Tenkan-sen remains below the Kijun-sen, which typically reflects weaker short-term momentum.

However, if SOL price continues to hold above these lines and pushes further into the cloud, it could indicate a potential shift in sentiment. On the other hand, if the price remains below both lines and the cloud starts expanding downward, it would suggest that the bearish pressure is still dominant.

SOL BBTrend Remains Negative

The BBTrend (Bollinger Band Trend) is an indicator that measures price momentum based on the relationship between price and Bollinger Bands. It helps identify trends by analyzing whether price movements are leaning toward the upper or lower bands.

When BBTrend is positive, it suggests bullish momentum, as prices tend to stay near the upper band. Conversely, a negative BBTrend indicates bearish momentum, where prices gravitate toward the lower band. Larger absolute values suggest stronger trends, while near-zero values imply a lack of directional strength.

Solana BBTrend is currently at -9.8, having turned negative yesterday and reaching a low of -11.3 a few hours ago. This shift into negative territory suggests that bearish momentum has strengthened recently, with prices moving closer to the lower Bollinger Band.

While the BBTrend has slightly recovered from its lowest point, it remains firmly negative, indicating that downward pressure is still present. If the BBTrend starts to rise back toward zero, it could suggest a slowdown in bearish momentum or the beginning of a consolidation phase. However, if it continues to decline, it would reinforce the likelihood of a sustained downtrend.

SOL Price Prediction: Will Solana Surge In February?

Solana price has been consolidating between $225 and $239 over the past few days, with no clear trend established yet. Its EMA lines remain tightly packed, indicating indecision, but a golden cross could be forming soon.

If this crossover occurs, Solana could gain momentum and push toward the $272 resistance. A successful breakout above this level could trigger a rally toward $300, marking a potential 25% surge and its highest price level yet.

However, if downward pressure increases and SOL price fails to hold the $229 support, a deeper correction could follow. A drop below this level would put $211 in focus, and if selling continues, SOL could slip below $200, testing $191.9 next.

The direction SOL takes in the coming days will largely depend on whether the EMAs confirm a golden cross or start sloping downward, signaling further weakness.

Silk Road founder Ross Ulbricht lost $12 million on Pump.fun while attempting to liquidate donated ROSS tokens. He received only $600,000 for these assets, although he still retains 10% of the supply.

This incident illustrates how much the crypto space has changed since Ulbricht was last active. Compared to the Silk Road, Pump.fun and meme coins are new paradigm of speed and chaos.

Ulbricht’s Rude Awakening on Pump.fun

According to blockchain analysis firm Arkham Intelligence, Ross Ulbricht just lost $12 million on Pump.fun. Ulbricht, founder of the Silk Road, became a popular figure among the crypto community due to his passion for Bitcoin and his decade-long imprisonment.

After Donald Trump pardoned him upon taking office, community figures began donating money to support his reintegration into society.

One of these donations illustrates just how much the crypto space has changed in the last ten years. An anonymous developer created a ROSS meme coin on the Pump.fun launchpad and gave Ulbricht half the supply.

However, when trying to liquidate it, he unintentionally cratered its value with disastrous consequences.

“Ross Ulbricht’s Solana donation address received 50% of the supply of ROSS from the developer last week. Ross tried to add single-sided liquidity to sell the coins off passively, but accidentally created a pool with Raydium CPMM (Constant-Product Market Maker) instead of CLMM (Concentrated Liquidity Market Maker),” Arkham claimed.

Ulbricht initialized the ROSS liquidity pool on Pump.fun at the wrong price, causing an MEV bot to take and sell it instantly. At first, this only used 5% of the total token supply, but Ulbricht tried to liquidate 35% shortly afterward.

This caused ROSS tokens to drop by 90%, and he received $600,000 for $12 million worth of assets.

The crypto community’s immediate reaction was sympathetic in nature. Before he was arrested, Bitcoin transactions on the Silk Road were the largest catalyst for the sector. Some would even argue that a large number of users back in 2012 became familiar with crypto just because of the Silk Road.

While most community members do not dispute Ulbricht’s imprisonment, the extent of his sentence felt largely exacerbated. For instance, Ulbricht received a double life sentence, while some of the worst drug dealers on Silk Road saw lighter sentencing.

Overall, the ROSS tokens were meant to help him get back into the real world, but the technicalities of DeFi and meme coins have changed a lot. He still retains one-fifth of his donated ROSS tokens, which are worth substantially less.

This episode illustrates that industry veterans like Ulbricht can still lose out on Pump.fun. Most traders on the platform lose money, and Solana’s founders showed a strong contempt for it in an anonymous survey.

The meme coin launchpad may have record-level incomes in 2025, but it’s also under a great deal of scrutiny. Hopefully, Ulbricht can bounce back from this rude awakening.

Litecoin (LTC) is seeing a surge in bullish momentum, with its price climbing 10% in the past 24 hours. The recent rally came as the US Securities and Exchange Commission (SEC) reviewed the application for the Canary Spot Litecoin exchange-traded fund (ETF). 

While LTC validated a bullish double-bottom pattern, it has yet to breach a key resistance level at $133. Market participants remain divided—whales have started offloading holdings, while retail investors appear optimistic.  

Litecoin Whales Move To Sell

Whale activity suggests a cautious approach amid the recent price surge. On-chain data reveals that Litecoin addresses holding between 10,000 and 100,000 LTC and has sold over 230,000 tokens worth approximately $30 million within 24 hours. These large holders, or whales, are capitalizing on the ETF-driven hype to secure profits, signaling possible short-term price volatility.  

Despite growing optimism surrounding a potential Litecoin ETF, uncertainty persists. Whales typically act as trendsetters in the market, and their recent selling spree suggests concerns about LTC sustaining its rally. If this selling pressure continues, retail investors may struggle to maintain momentum, potentially leading to a retracement

Litecoin’s macro momentum remains in a favorable position, supported by improving technical indicators. The Chaikin Money Flow (CMF), a key gauge of capital inflows and outflows, has climbed above the zero line. This indicates growing buying pressure, reinforcing the potential for sustained gains.  

Historically, rising CMF values align with upward price movements, as increased inflows suggest confidence among investors. If this trend continues, LTC may have the necessary support to break through its resistance level, shifting its trajectory toward higher price targets.  

LTC Price Prediction: Securing Supports

Litecoin’s recent surge follows the SEC’s decision to review the Canary Spot LTC ETF application. The announcement spurred a 10% increase in LTC’s value, bringing it closer to a crucial resistance level of $133. However, breaking this barrier remains a challenge as selling pressure from whales introduces volatility into the market.  

Despite validating a bullish double-bottom pattern, Litecoin failed to breach the two-month-old resistance and is currently trading at $128. The altcoin remains above the critical support level of $113, but as long as whale selling persists, LTC may continue consolidating below $133 in the short term.  

A decisive move above $133 could trigger a broader breakout, pushing LTC toward $145. Overcoming this level would invalidate the current bearish-neutral sentiment, opening the door for a stronger recovery. If bullish momentum accelerates, Litecoin could establish a higher range, reinforcing its position as one of the leading altcoins in the market.