The post Iran Crypto Activity Rises Amid Sanctions and Currency Slide as U.S. Treasury Probes Possible Evasion appeared first on Coinpedia Fintech News

Crypto use in Iran is rising as the country faces ongoing U.S. sanctions and a sharp decline in the value of its currency, pushing more people to look for alternative ways for ROI. According to researchers, many users have been moving toward crypto away from local exchanges during recent periods of economic instability. At the same time, the U.S. Treasury is reviewing whether some crypto platforms may be helping users bypass sanctions, following analysis by TRM Labs.

Iran’s $8–10 billion Volume Attracts US Probe

U.S. authorities are looking into whether some cryptocurrency platforms have been used by Iranian officials to get around international sanctions. The review comes as the use of crypto has grown quickly in Iran.

Researchers estimate that crypto transactions in the country reached between $8 billion and $10 billion last year, driven by increased activity from both state-affiliated entities and everyday investors, based on data from TRM Labs and Chainalysis.

Tom Keatinge, director of the Centre for Finance and Security at UK think-tank the Royal United Services Institute, said, “The harder one squeezes the Iranian economy, the more one better be ready to deal with the consequences, one of which is the expanding use of crypto.”

Activity on cryptocurrency networks linked to Iran remained high last year, with TRM Labs estimating roughly $10 billion in transactions, slightly below the $11.4 billion recorded in 2024. Data from Chainalysis shows inflows to Iranian-linked wallets continued to rise, reaching a record $7.8 billion in 2025, compared with $7.4 billion in 2024 and $3.17 billion in 2023.

Also read: Why Iran’s Currency Collapse to ‘Zero’ Could Push Bitcoin Back Above $100K

As crypto use expands, the U.S. Treasury is assessing whether some digital-asset platforms may have helped state-connected actors evade sanctions. Ari Redbord, global head of policy at TRM Labs, said the review is focused on potential efforts to move funds overseas, gain access to hard currency or purchase goods despite restrictions.

US Keeps a Close Watch on Iran

Last week, two UK-based crypto exchanges were sanctioned by the U.S. after authorities said they processed funds linked to the Islamic Revolutionary Guard Corps, according to the Office of Foreign Assets Control. The U.S. also targeted Iranian financier Babak Morteza Zanjani over alleged support for IRGC-linked activities.

Read more: U.S. Treasury Sanctions UK Crypto Exchanges Over Alleged Iran Sanctions Evasion

Researchers say it is extremely difficult to measure how cryptocurrencies are used in Iran, and estimates differ widely on how much activity is linked to the state versus ordinary users. Data from Chainalysis suggests that about half of last year’s crypto transactions were connected to the Islamic Revolutionary Guard Corps, a group with major political and economic influence in the country and close ties to Supreme Leader Ayatollah Ali Khamenei.

Other researchers highlight a very different picture. TRM Labs estimates that most Iran-related crypto flows come from retail investors, although it has still identified thousands of wallet addresses linked to the IRGC and says those accounts have handled around $3 billion in digital assets since 2023.

The post Solana Tests Buyers’ Patience at $100: Will SOL Price Break Down? appeared first on Coinpedia Fintech News

The crypto market has been under heavy selling pressure over the past few days, with Bitcoin sliding toward the $75,000 level. Market sentiment has worsened sharply, as the Crypto Fear & Greed Index fell deeper into “extreme fear,” dropping to 14. At the same time, the total crypto market capitalization has plunged to $2.54 trillion, with over $500 billion erased in just a few days. As a result, altcoins are taking a hard hit, and Solana is now testing the key psychological support level around $100. Traders are closely watching to see whether SOL could break below this level next.

Solana Forms Bearish Pattern Amid Negative Metrics

The crypto market crash has sent Solana price toward the $100 mark as long-liquidation surged. Data from Coinglass shows that Solana faced a total liquidation of nearly $35.3 million over the last 24 hours. Of this, buyers liquidated around $24.7 million.

This rising liquidation suggests that sellers are increasingly gaining control, sending the SOL price toward $100 for a retest. However, this bearish drop might further extend due to several negative on-chain metrics.  

Data from CoinGlass shows that Solana’s OI-weighted funding rate has turned negative, signaling that more traders are betting on further downside rather than a price rebound. The metric shifted into negative territory last week and currently sits at -0.0057%, meaning short sellers are paying long traders, a signal of rising bearish threat around SOL.

Also read: Analyst Reveals What’s Next For Bitcoin, Gold and Silver

This bearish outlook is strengthened by Solana’s long-to-short ratio, which now stands at 0.94. A ratio below 1 suggests that more traders are positioned for a price decline than a rise.

Beyond derivatives data, institutional interest in Solana has also weakened in recent weeks. According to SoSoValue, Solana spot ETFs saw net outflows of $2.45 million last week, marking the first weekly withdrawals since their launch. If these outflows continue or accelerate, SOL could face additional downside pressure in the near term.

What’s Next for SOL Price?

Solana’s price moved within a range between $117 and $147 for some time, but that pattern broke to the downside, suggesting sellers are starting to take control. As a result, the price fell to around $95. As of writing, SOL price trades at $105, recovering nearly 3% in the last 24 hours.

If SOL closes below $100, the SOL/USDT pair could slide toward the $95 support level. Buyers are likely to defend this zone aggressively, as a break below $95 could open the door for a deeper drop toward $80.

For bulls to regain control, the price would need to climb back above the moving averages. That would indicate the dip below $117 may have been a false breakdown, potentially setting the stage for a move back toward the $150 resistance.