Solana News Today: Whale Sell-Offs and Institutional Moves Signal 2025 Crypto Crossroads

Significant activity has emerged in the cryptocurrency market, with movements among Dogecoin (DOGE) whales and developments in the Solana (SOL) and BlockDAG ecosystems drawing attention. In recent trading windows, large Dogecoin holders have offloaded 200 million tokens, signaling potential pressure on the asset’s price. According to on-chain analyst Ali Martinez, the selling activity over the past 48 hours has coincided with a lack of upward movement, with DOGE trading at $0.21 at press time. The pattern of reduced whale balances has historically preceded downward price trends, and if the sell-off continues, the token could test the $0.19 support level [3].

At the same time, Cardano (ADA) has also seen whale outflows, with 50 million ADA sold by large holders in a similar timeframe. ADA was trading near $0.82, slightly below its recent highs. Chart patterns indicate the token is forming a descending wedge, with the lower boundary hovering around $0.80. Analysts have noted that a breakout above key resistance levels could push the price toward $0.90 or higher, but until then, the asset is likely to trade within a range [3].

Meanwhile, the Solana ecosystem has seen a major institutional development, with SOL Strategies securing a Nasdaq listing under the ticker STKE. The Toronto-based firm, formerly known as Cypherpunk Holdings, has rebranded around its Solana strategy and has amassed a significant holding of 435,064 SOL tokens as of August 31, worth approximately CAD$122 million. The Nasdaq listing is expected to enhance the firm’s visibility with institutional investors and expand its capital-raising capabilities. CEO Leah Wald stated that the move will support the firm’s validator growth and its role in bringing institutional capital into the Solana network [1].

The BlockDAG project, which is still in its early stages, has also attracted attention with its presale reaching nearly $400 million in total funding. Utilizing a Directed Acyclic Graph (DAG) structure, BlockDAG aims to offer a scalable Layer-1 solution for decentralized applications and DeFi platforms. Analysts suggest that if the project attracts developer adoption and maintains momentum, it could see a 10x to 25x return by 2025, with speculative price targets reaching $0.01 to $0.03. However, the success of BlockDAG will heavily depend on its ability to differentiate itself from existing Layer-1 blockchains and secure a foothold in the broader crypto ecosystem [2].

In the meme coin space, whale investors are shifting focus from Dogecoin to alternative projects such as Little Pepe, Dogwifhat, Floki Inu, and Turbo. These tokens are drawing interest due to strong community engagement and presale performance. For example, Little Pepe has raised over $23.3 million in its ongoing presale and has a large holder base and substantial giveaway participation. Analysts see potential for the token to replicate or even exceed the growth seen by Pepe Coin in 2023. Similarly, Dogwifhat, which has seen cultural and price momentum, could see a rebound if market conditions support a resurgence in meme coin interest [4].

While the market remains volatile and speculative, the combined movements in whale activity and institutional developments are shaping the landscape for 2025. Investors are closely watching how these trends evolve, particularly in the context of potential ETF listings and broader adoption of blockchain-based financial products.

Source:

[1] SOL Strategies Wins Nasdaq Listing, Shares to Trade ... (https://www.coindesk.com/business/2025/09/05/sol-strategies-wins-nasdaq-listing-shares-to-trade-under-stke)

[2] The Race For 1000x: BlockchainFX, Blockdag, And Space ... (https://blockchainreporter.net/the-race-for-1000x-blockchainfx-blockdag-and-space-pay-crypto-price-predictions-for-2025/)

[3] Whale Panic? 200000000 DOGE and 50000000 ADA Sold ... (https://cryptopotato.com/whale-panic-200000000-doge-and-50000000-ada-sold-in-48-hours/)

[4] 4 Meme Coins to Keep on Your Radar as Whale Investors ... (https://ambcrypto.com/4-meme-coins-to-keep-on-your-radar-as-whale-investors-de-risk-from-dogecoin-doge/)