Gate News Bot reported on December 9 that, according to CoinMarketCap data, as of press time, SXP (Solar) is trading at $0.07, up 17.30% in the past 24 hours, with a high of $0.08 and a low of $0.05. The 24-hour trading volume reached $42.8 million. The current market capitalization is approximately $43.3 million, an increase of $6.39 million compared to yesterday.
The Solar Blockchain Foundation is a non-profit organization dedicated to supporting the development of the Solar blockchain, the SXP utility token, and related technologies. The Solar ecosystem consists of two parts: the Solar Blockchain Foundation and Solar Enterprises. The former focuses on decentralization, security, and transparency of the blockchain, while the latter is a for-profit division committed to developing consumer-friendly products, including secure payments, privacy tools, and gaming innovations on the blockchain. Solar offers a fast trading experience with the lowest fees and provides developers with a convenient development environment through SDKs and open-source libraries, facilitating rapid iteration of applications and solutions.
Recent Important News about SXP:
1️⃣ Ecosystem Application Innovation Continues to Drive Token Value
Innovative application development in payments, privacy, and gaming within the Solar ecosystem is accelerating. The increase in real-world applications is directly enhancing SXP token utility and market demand, providing fundamental support for price increases. Over the past five days, SXP rebounded from a low of $0.05 to a high of $0.09, reflecting investor recognition of the expansion of these application scenarios.
2️⃣ Technological Progress and Community Building Strengthen Investor Confidence
The Solar Blockchain Foundation continues to drive the development of Solar Core technology while actively empowering the global developer, validator, and user communities. This sustained official investment in technology and increased community engagement help reinforce market expectations for the project’s long-term potential, serving as an important factor supporting the current uptrend.
3️⃣ Market Sentiment Shifts from Aggressive to Stable
Comparing the 40.94% daily increase on December 4 with the current 17.30% gain, it can be seen that after the initial rapid rally, market participants have shifted from chasing highs to more rational positioning. In the short term, the $0.05 to $0.09 price range has become a key support and resistance area, indicating that the market’s recognition of SXP’s value near $0.07 is gradually stabilizing.
This news does not constitute investment advice. Please be aware of market volatility risks when investing.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC 15-minute slight increase +0.02%: Panic marginal recovery and quantitative capital short-term resonance driving the move
2026-02-24 03:00 to 03:15 (UTC), BTC price recorded a K-line return of +0.02% after a period of high volatility. The short-term performance was a slight oscillation with a slight upward trend, and market attention continued to be cautious under the previous macro and regulatory pressures. Trading volume significantly declined compared to the previous day, volatility reached a low point in the stage, and the overall market trend was mainly sideways.
The main driving force behind this anomaly was the marginal recovery after extreme panic the previous day, as well as active intervention by quantitative funds and high-frequency arbitrage strategies. On February 23, macro events such as the US imposing additional tariffs and regulatory policies remaining undecided triggered a short-term reaction in BTC.
GateNewsBot12m ago
ETH short-term pullback: capital outflow and structural decline resonate, 15-minute return -0.64%
On February 24, 2026, from 03:00 to 03:15 (UTC), ETH recorded a -0.64% candlestick return during a peak liquidity period, showing a continuous slight decline. In the context of the recent overall bearish market, ETH's price tested the lower support level during this period with no effective rebound, and increased volatility has attracted market attention. Although the short-term decline is not extreme, it reflects the overall pressure on mainstream cryptocurrencies.
The main drivers of this movement are the continuous outflow of large-scale funds and structural technical declines. Capital net outflows over the week, represented by stablecoins, ETFs, and derivatives, exceeded $2.5 billion, leading to a decrease in buying interest.
GateNewsBot13m ago
PI (Pi) increased by 3.58% in the past 24 hours
Gate News Bot Message, February 24th, according to CoinMarketCap data, as of press time, PI (Pi) is trading at $0.16, up 3.58% in the past 24 hours, with a high of $0.19 and a low of $0.16. The current market capitalization is approximately $1.511 billion.
Pi is the first digital currency that can be mined on a mobile phone. It achieves mining on mobile devices through groundbreaking technology without draining the battery. PI adopts a decentralized design, providing a secure, tamper-proof, and interoperable digital currency; it also features a mobile-first approach, requiring no significant power consumption, and is user-friendly and easy to use. Users can start mining through a free mobile app, and simply need an invitation from an existing trusted member in the network to download the app and join.
### Important recent news about PI:
1️⃣ **Price rebound trend gradually established**
GateNewsBot40m ago
ETH falls below $1900! Behind the 22% plunge, Vitalik's "Five-Year Tightening" strategy
Currently, the Ethereum (ETH) market is experiencing a deep correction, mainly due to capital outflows and technical adjustments. Institutional investors are highly risk-averse, with whale sell-offs and founder holdings reduction intensifying market panic. The Ethereum Foundation has adopted a defensive financial strategy to ensure funding for technological development, while also planning internal network reforms to address centralization risks. Regulatory pressure is also increasing, as the EU is about to implement strict compliance standards that could impact the DeFi market. Overall, Ethereum is going through a phase of short-term pain coupled with long-term structural adjustments.
TechubNews54m ago
BitMine increases ETH holdings to 4.42 million coins, Fundstrat predicts an 87% win rate
BitMine (BMNR) purchased 51,162 Ethereum last week, marking the largest single-week increase since December of last year, bringing its total ETH holdings to 4.42 million. Research firm Fundstrat reports that ETH's current trading price is approximately 22% below the on-chain average cost basis for investors, with an implied 12-month return of 81% and a historical win rate of 87%.
MarketWhisper55m ago
