Solana DEXes Just Out-Traded Binance: What It Means for You

Bitcoin exchange-traded funds (ETFs) have experienced a third consecutive day of outflows, while Ether ETFs have turned positive, indicating a shift in investor sentiment. This development comes amidst a broader market context where Bitcoin and Ether have faced significant losses recently, collectively shedding $1.14 billion in value due to liquidity concerns.

Solana (SOL) is experiencing significant pressure as it struggles to maintain its price above critical support levels, currently trading in the low-$120 range following a sharp decline of 39% in the fourth quarter of 2025. Despite steady inflows into investment products, the cryptocurrency's network activity has decreased, leading to a divided market sentiment regarding its future.

Solana (SOL) token is currently trading at $124.50, having formed bearish chart patterns on the daily chart, indicating potential further downside. Key metrics for the cryptocurrency have also seen a decline in recent weeks, raising concerns among investors.

Bybit has introduced a new insurance fund mechanism for its USDT perpetual contracts, aiming to enhance market stability and reduce volatility risks for traders. This initiative is designed to create a more secure trading environment, potentially attracting a larger user base to the platform.

Crypto exchange Bybit has announced it will restrict access for users based in Japan, a decision influenced by increasing regulatory pressures in the Japanese cryptocurrency market. This move follows Bybit's recent return to the U.K. market, highlighting the challenges the exchange faces in navigating diverse regulatory environments.

Upexi, a company managing a portfolio of consumer brands, has filed for a capital raise of up to $1 billion, leveraging its position as the fourth-largest Solana treasury among public companies with approximately 2 million SOL tokens.

Dogecoin has experienced a remarkable surge in its futures trading volume, increasing by 53,000% on BitMEX and surpassing $260 million, indicating a renewed interest among investors. Despite this surge, the DOGE price remains stagnant, hovering just above the $0.10 mark amid a broader downtrend in the cryptocurrency market.