Solana News: Price Under Pressure Amid Uncertain Inflation Reduction Plan

Solana’s (SOL) price has taken a hit, dropping below $130 amidst broader market downturn and uncertainty surrounding a proposal to reduce its inflation. Here’s a closer look at the developments impacting SOL’s future target price.

Plan to Reduce Solana (SOL) Inflation Faces Market Pressure

Solana (SOL) price is under selling pressure, slipping below $130. A proposal seeking to reduce SOL inflation is in the works, but the outcome is uncertain amidst the broader crypto market downturn. SOL has shed over 55% from its January 2025 peak of $295. Together with other top altcoins like Ethereum (ETH), Tron (TRX), Cardano (ADA), and Bitcoin (BTC), Solana has seen double-digit percentage losses in the past trading week. This sell-off has slowed activity across their blockchains, with Solana’s revenue from smart contract deployments and transfers declining.

Solana Price Prediction: SOL Pushing for Gigantic Pump as JetBolt Buying Surge Escalates

Solana (SOL) has been a key player in the blockchain space, consistently driving innovation with its fast transaction speeds and growing ecosystem. With the recent v2.1 “Agave” update enhancing performance and strategic partnerships like Sol Strategies and Neptune DAC pushing institutional adoption, Solana may be preparing for its next big move. But Solana isn’t the only altcoin making waves. JetBolt (JBOLT), with its cutting-edge Zero-Gas Technology and captivating SocialFi staking protocol, is capturing the attention of both whales and blockchain maxis. Its presale has already sold over 335 million tokens, showcasing growing demand.

Solana Sheds 50% from ATH, Risks Another 39% Drop

Solana, once flying high, now faces significant challenges. Its value has fallen by 50% from its all-time high and risks another 39% drop. Meanwhile, competitors like SEI, SUI, and AGNT are maintaining their strength in the crypto market, attracting attention for their resilience. Amidst this backdrop, a new project named Codename:Pepe emerges, aiming to disrupt the crypto scene with its unique blend of humor and advanced artificial intelligence.

Solana’s Volume Plummets 99%: A Critical Turning Point for Recovery

Solana, once celebrated as one of the most promising blockchain projects in the crypto space, is currently grappling with a significant downturn. The digital asset’s trading volume has plummeted by a staggering 99%, raising concern among investors. From a peak of $1.99 billion in November 2024, Solana’s volume has dropped to just $14.57 million as of February 2025. This decline has been accompanied by a sharp 15.56% price drop in a single day. The recent market sell-off, fueled by tariff-driven concerns, has hit Solana particularly hard.