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Solana price falls to 10-month low amid ETF outflows

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Aster (ASTER) price outlook as whale dumps 3 million coins at a loss
Aster (ASTER) price outlook as whale dumps 3 million coins at a loss
  • Solana price fell to lows of $96 as cryptocurrencies crashed.
  • Declines align with fresh outflows from digital asset investment products.
  • SOL saw over $31 million in net outflows last week, the first in three weeks.

Solana (SOL) fell below $100 for the first time since April 2025 as a sharp sell-off pushed Bitcoin under $75,000.

As BTC dumped to its lowest level in nearly 10 months, Solana touched lows of $96.43.

This happened as crypto markets experienced extreme volatility.

Dips for all the top coins, including Ethereum and XRP, resulted in over $2.5 billion in liquidations in 24 hours.

Per data from Coinglass, more than $4 billion in long positions have been liquidated across the crypto market over the past 4 days.

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Most of the bets wiped out were longs, with this coming amid Friday’s historic collapse in metals.

Gold dumped from above $5,500 and silver plunged 39%, losses that cascaded across the crypto sector.

The wipe-out is one of the largest liquidations in crypto, with the top of the ladder being the nearly $20 billion liquidated in October 2025.

SOL sees $31.7 million in investment outflows

The dramatic collapse in crypto prices coincided with a sharp surge in capital exit from digital asset investment products.

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According to asset manager CoinShares, the digital asset market recorded a second straight week of outflows, with over $1.7 billion exiting amid the panic selling.

The outflows mean the sector has now reversed year-to-date inflows, pushing global year-to-date net flows to $1 billion.

CoinShares head of research James Butterfill said the redemptions signal “a marked deterioration in investor sentiment towards the asset class.”

“We believe this reflects a combination of factors, including the appointment of a more hawkish US Federal Reserve Chair, continued whale selling associated with the four-year cycle, and heightened geopolitical volatility,” Butterfill added.

Notably, Solana saw over $31.7 million in net outflows last week, the altcoin’s first weekly outflow in three weeks.

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Solana price prediction: $100 remains the key level

Bears have established dominance in the first weeks of 2026, continuing the trend witnessed in the last quarter of 2025.

Macroeconomic conditions and geopolitical headwinds have contributed to this outlook, and analysts at QCP point to the ETF outflows and broader sentiment as likely negative catalysts for cryptocurrencies in the short term.

SOL could nosedive under $100 amid this trend. A retest of the $96-$80 area will embolden bears further.

Solana Price Chart
Solana price chart by TradingView

However, a flip in sentiment portends a continuation above the psychological level.

Solana price was above $102 at the time of writing, slightly up as other coins eye a rebound.

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If Bitcoin reclaims $82,000 and risk assets stabilise, SOL price could target the $120-$135 supply wall next.

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Crypto World

Marc Andreessen Says AI Job Loss Fears Are “All Fake”

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Andreessen Horowitz, Bitcoin Mining, Cryptocurrency Exchange, AI, Jack Dorsey

Marc Andreessen said artificial intelligence will spark a “massive jobs boom,” dismissing fears of widespread job losses as “all fake” in a Sunday post on X.

His optimism contrasts with a March US jobs report showing unemployment holding steady at 4.3%, while the number of people unemployed for 27 weeks or more rose by 322,000 over the past year.

Andreesen shared a Business Insider report showing a sharp rise in tech job openings in 2026, with more than 67,000 software engineering roles, a twofold increase from 2023, and argued that employers had recovered from post-pandemic hiring corrections and the interest rate spike.

“The ‘AI job loss’ narratives are all fake,” he wrote. “AI = massive ramp in productivity = massive ramp in demand = massive jobs boom. Watch.”

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Andreessen is one of Silicon Valley’s most influential investors, a co-founder of Netscape and venture firm Andreessen Horowitz. He is also a major backer of US crypto and AI companies.

Job losses in tech pile up

On the ground, the reality is somewhat different. On Feb. 26, Jack Dorsey’s Block cut 40% of its staff as the company accelerated its use of AI, including experiments with agents to take over parts of middle management.

Related: Dorsey shares AI-integrated workplace vision weeks after Block’s 40% staff cut

On March 19, crypto exchange Crypto.com announced a 12% workforce reduction due to AI integrations, warning that companies “that do not make this pivot immediately will fail.”

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Andreessen Horowitz, Bitcoin Mining, Cryptocurrency Exchange, AI, Jack Dorsey
Crypto.com cuts 12% of its staff. Source: Kris Marszalek

AI-driven pivots by companies are also impacting employment.

Oracle reportedly cut up to 30,000 jobs recently, citing “broader organizational change,” as it pushes to build AI data centers.

MARA, which has been repurposing its Bitcoin mining infrastructure for AI, has reportedly reduced its staff by 15%.

Andreessen’s comments meet with skepticism

That backdrop helps explain the online backlash Andreessen received.

“Tell that to the average lower middle class American who can’t find a job or the consumer who can’t get decent customer service,” crypto influencer WendyO replied

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Tory Green, co-founder at io.net argued Andreessen could be proved right on net job creation, but only if AI tools are broadly accessible and not captured by a handful of platforms.

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