Crypto Market Slides as Tronix and Solana Lead Declines

Crypto markets slipped Friday as Tronix led declines, dropping 2.61% to 30 cents, with Solana and XRP retreating and SUIUSD easing.

Rich by Coin

2026-01-23

All large cryptocurrencies were down during U.S. morning trading on Friday, with Tronix Tron USD seeing the biggest move, falling 2.61% to 30 cents. Solana Solana USD shed 1.66% to $125.99, and XRP XRP USD dropped 1.50% to $1.89. SUIUSD fell 1.17%.

Tronix led the declines, and Solana’s drop followed, with XRP and SUIUSD retreating as well. The broad move mirrors a negative session for major crypto assets during U.S. market hours. Investors will watch how this momentum develops in the coming sessions as traders reassess risk in the crypto space.