MELANIA Team Sells $4.2M in Tokens Amid Liquidity Management Moves on Solana

The MELANIA team has offloaded $4.2 million worth of tokens over the past 25 days, converting 6.72 million tokens into 34,168 SOL. On-chain analysts warn of further sales from the project’s community funds as the team actively manages liquidity across multiple wallets.

MELANIA Team Offloads Tokens Worth $4.2 Million in Past Month

The MELANIA team has sold $4.2 million worth of tokens in the past 25 days, swapping 6.72 million tokens for 34,168 SOL. On-chain analysts predict more tokens from the project’s community funds will be sold by the team. According to Lookonchain, the MELANIA team has been actively managing liquidity across eight different wallets. A week ago, the team offloaded $2 million worth of tokens in a single-sided liquidity sale, raising concerns among the community.

Whale Pulls $110M in SOL From Exchange, Solana Bull Run Imminent?

SOL, the native token of the Solana blockchain, is poised for a massive upside rally as market sentiment begins to shift and whale activity increases. Recently, the blockchain-based transaction tracker Whale Alert posted on X (formerly Twitter) that a crypto whale had moved 1,030,000 SOL, worth $110.29 million, from the Kraken exchange. However, the wallet address of the whale remains unknown. This substantial SOL transfer occurred while the cryptocurrency market was experiencing downside momentum.

Solana (SOL) Price Spikes 13% After Trump Pauses Tariffs and Markets Rebound

Solana (SOL), a top-tier layer one (L1) chain in the list of web3 projects made in the United States, registered a 13 percent rise in the past 24 hours to trade about $114 on Thursday, April 10 during the early Western financial markets. The surge followed a wider crypto and stock market recovery after U.S. President Donald Trump announced a 90-day pause and a substantially lowered reciprocal tariff of 10 percent. In the past few weeks, the Solana network had seen a significant decline in on-chain activity, but the announcement seemed to have breathed new life into the project.

Solana Price Analysis: Bearish Trend Could Mean Drop Below $80

Solana’s price has dropped by nearly 4% in the last 24 hours to a three-week low of $106. The sharp correction is attributed to tariffs from the Trump administration, potentially erasing trillions from the stock market. Experts claim that SOL could go as low as $80 if the bearish trend continues. Meanwhile, IntelMarkets (INTL) has become a disruptive force with its presale soaring above $12.2. On April 2, following Trump’s tariffs, Solana’s price dropped significantly, making it a risky investment. Investors are shifting their picks amid this turbulence.