Crypto Markets Update: Solana Plunge, Ripple Heist, and Bitcoin’s Dip

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Solana Death Cross Signals Potential Pain

Solana (SOL) price has plummeted to a critical support level, triggering fears of further declines. Forming a “death cross” pattern, SOL has dropped 53% from its peak, currently trading at $138. Experts are closely monitoring the situation for potential indicators of market reversal.

Ripple Co-Founder Loses $150 Million in XRP to Cyberattack

Ripple co-founder Chris Larsen suffered a significant crypto loss of $150 million in XRP due to a cyberattack linked to the 2022 LastPass breach. Hackers exploited stolen credentials from encrypted vaults to gain access to Larsen’s private keys, leading to the theft of 283 million XRP. This incident highlights the ongoing risk of cyberattacks in the crypto sphere.

Publicly Traded Bitcoin Firm Fold Boosts BTC Reserves

Fold, a publicly traded Bitcoin firm, has added $41 million worth of Bitcoin to its treasury, increasing its total holdings to nearly $130 million. This move underscores the company’s commitment to Bitcoin as a long-term investment and its confidence in the future of the cryptocurrency.

Expert Insights on Ripple (XRP) Prices in 2025

Several experts are sharing their insights on Ripple (XRP) price projections for 2025, highlighting potential factors driving price increases. Analysis and predictions are ongoing as the cryptocurrency market continues to evolve.

Economist Views Bitcoin Dip as ‘Necessary’ Move

A prominent economist sees the recent Bitcoin (BTC) dip from over $90,000 to $78,000 as a necessary correction. The economist, Henrik Zeberg, also suggests a potential crypto rally as the presale for the MEMEX coin approaches its end, offering positive perspectives despite concerns about a potential economic recession. A detailed analysis of the potential market outlook is provided in the original article.

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