Solana ($SOL)

Solana (SOL) has been on a tear, with its price surging towards a new all-time high and fueling optimism among traders and investors to the point the altcoin’s upward momentum has seen open interest on it surge past the $5 billion mark. According to data from CoinGlass, open interest on Solana derivtives products – futures […]

In September, Coinbase unveiled cbBTC, a wrapped version of Bitcoin that enabled users to utilize their Bitcoin holdings in decentralized finance (DeFi) applications on Ethereum and Base without selling or converting to other cryptocurrencies. Some of the most popular DeFi platforms that will support cbBTC from the start include well-known names like Uniswap, Aave, Compound, […]

Solana (SOL) has become the fourth-largest cryptocurrency by market capitalization after seeing its price surge by more than 7% over the past week, to now have a total market cap of $88.28 billion, above BNB’s $85.6 billion. According to data from CryptoCompare, over the last 30-day period SOL’s price is up around 30% to now […]

The number of monthly active addresses on the Solana (SOL) network has reached 138 million this month, after seeing exponential growth throughout the year amid a wider cryptocurrency market recovery. According to data from Artemis, Solana had around 13.8 million monthly active addresses at the beginning of the year, with the figure gradually growing until […]

High-performance blockchain Solana (SOL) has garnered attention for significant inflows from other blockchains, with its total value locked (TVL) surging as a result of these inflows. An examination of the data, however, shows a more nuanced picture, with Ethereum (ETH) recovering 42% of Solana’s inflows. According to data from Artemis Labs shared by DeFi Report […]

Canary Capital Group, a recently established digital asset investment firm led by former Valkyrie Funds co-founder Steven McClurg, has taken another step toward establishing itself as a leader in the spot crypto ETF market in the U.S. On October 30, the firm filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission […]

As the price of the native token of smart contract platform Solana, SOL, keeps on rising, various cryptocurrency whales have started amassing it, with whales adding over 200,000 SOL worth around $35 million to their wallets. According to data shared by on-chain analysis service Lookonchain, three different cryptocurrency whales added over $35 million worth of […]

The price of then native token of smart contract platform Solana, SOL, has been significantly outperforming most other digital assets over the past few weeks, to the point that it’s nearly overcoming Binance’s BNB to become the fourth-largest digital currency by market capitalization. According to available market data, Solana’s current market capitalization stands at $84.4 […]

Prominent crypto analyst Alex Krüger recently shared his strategy for the 2024 U.S. Presidential Election, highlighting a shift in his investment approach. On 25 October 2024, he revealed on the social media platform X (formerly Twitter) that he initially planned to take leveraged positions in both Ethereum (ETH) and Solana (SOL) if it looked like […]

The VanEck Solana ETN (VSOL) offers investors the opportunity to gain exposure to the Solana (SOL) blockchain, which is known for its high-speed transaction capabilities and scalability for decentralized applications. The ETN is fully collateralized with Solana, with the underlying SOL held in cold storage at a regulated custodian. The ETN tracks the MarketVector Solana […]

A cryptocurrency trader on the Solana network has managed to achieve a staggering 3,329-fold return in four days through a little-known meme-inspired cryptocurrency, turning $727 into more than $2.4 million. According to data shared by on-chain monitoring services Lookonchain, the cryptocurrency trader spent 5 Solana (SOL) tokens to buy 15.15 million $GOAT four days ago, […]

According to a recent analysis from Standard Chartered, Solana (SOL) is projected to significantly outperform Ethereum (ETH) and Bitcoin (BTC) by 2025—if Donald Trump wins the U.S. presidential election. Geoffrey Kendrick, Global Head of Digital Assets Research at the bank, predicts a fivefold increase in Solana’s price under a Trump presidency. However, Kendrick still forecasts […]

At the recent Solana Breakpoint 2024 conference, Siong Ong, co-founder of Jupiter, took the stage to highlight the latest developments and innovations on the popular Solana-powered decentralized exchange (DEX). During his talk, Siong explained the three main pillars that form the Jupiter ecosystem, referred to as the “Jupy world”: the Jupiter platform, the community, and […]

On September 18, at the TOKEN2049 conference in Singapore, Emmett Hollyer, General Manager of Solana Mobile, provided a detailed look into the company’s upcoming Web3 crypto phone, named Seeker. Slated for release around in 2025, Seeker represents the second iteration of Solana’s push to integrate blockchain technology into mobile hardware, building upon the earlier Saga […]

A cryptocurrency trader has managed to, through the purchase of a meme-inspired cryptocurrency that was launched after a viral trend on TikTok, turn around $80,000 into over $1.2 million, before losing nearly all of his gains. According to data shared by blockchain analytics firm Arkham Intelligence, a cryptocurrency trader on the Solana network identified as […]

A cryptocurrency whale has recently invested more than $4.5 million into the popular smart contract platform Solana ($SOL), continuing their accumulation of more than 200,000 tokens since early February. According to data from on-chain analysis service Lookonchain, the cryptocurrency whale bought 34,807 SOL tokens worth around $4.5 million recently, but since February has accumulated nearly […]

Amidst the broader cryptocurrency market’s volatility, Solana ($SOL) has faced an additional headwind, a persistent sell-off by a significant whale or institutional holder that has already offloaded over $99 million worth of the cryptocurrency on the market. According to on-chain analysis service Lookonchain, the potential institutional investor has been steadily offloading their SOL holdings through […]

Cryptoasset manager Hashdex is, according to a report by Crypto Briefing, preparing to introduce a new exchange-traded fund (ETF) focused on Solana (SOL). The “Hashdex Nasdaq Solana Index Fund” has already secured approval from Brazil’s Securities and Exchange Commission (CVM). This ETF is currently in its pre-operational phase, meaning the fund is finalizing its setup […]

In a recent video, trading mentor Thomas Kralow compares the current state of Ethereum (ETH) and its strongest closest rival, Solana (SOL). Ethereum’s Current Sentiment and Market Dynamics Kralow begins by acknowledging the current negative sentiment surrounding Ethereum. Despite Ethereum’s fundamental strengths, he says the market sentiment is overwhelmingly pessimistic, with many critics labeling it […]

Cypherpunk Holdings is a Canadian investment firm with a strong focus on the blockchain and cryptocurrency industry. The company specializes in identifying and investing in innovative blockchain technologies, companies, and emerging protocols within the digital asset space. Cypherpunk Holdings operates as a strategic holding company, allocating capital to projects that contribute to the growth and […]

A mysterious Solana whale has now offloaded more than $86 million worth of SOL tokens since January and has recently deposited nearly $2.8 million on cryptocurrency exchanges, in what appears to be a continuation of its sell-off. According to data shared by on-chain analytics firm Lookonchain, the mysterious Solana whale has now sold a total […]

On August 9, in a comprehensive thread on social media platform X (formerly known as Twitter), prominent cryptocurrency analyst Miles Deutscher shared his thoughts on why Solana (SOL) might continue its impressive market performance. Despite already seeing significant gains, Deutscher believes SOL’s upward trajectory could persist, potentially reaching the $1,000 mark. Let’s examine the ten […]

Cryptocurrency whales are currently “preparing for the next altcoin rally,” as they have set up limit buy orders for various altcoins beyond Bitcoin and Ethereum, to the point limit buy order volume for these coins has grown in an indicator that “strong buy walls are being set up.” That’s according to the CEO of on-chain […]

Over the past week, cryptocurrency investment products saw total inflows of $1.35 billion, bringing their ttotal inflows over the last three weeks to $3.2 billion, with Bitcoin investment products bringing in the lion’s share of funds, followed by ETH, Solana, and multi-asset vehicles. According to CoinShares’ Digital Asset Fund Flows report, BTC-focused products saw $1.27 […]

On July 20, prominent crypto analyst Ali Martinez forecasted on social media platform X a significant potential rally for Solana (SOL). Martinez’s analysis suggests that Solana could see its price soar to $1,000, representing a remarkable 900% increase from its current levels. This prediction is based on early signs of a breakout from a bullish […]

The price of Ethereum rival Solana (SOL) has moved up over 14% over the past week to now trade at around $160 amid a wider cryptocurrency market recovery that started after pro-crypto presidential candidate Donald Trump suffered a failed assassination attempt. According to popular cryptocurrency analyst Ali Martinez, the price of SOL may now keep […]

On July 9, 2024, Matthew Sigel, Head of Digital Assets Research at VanEck, spoke with Tony Edward, the founder and host of the YouTube series Thinking Crypto. During the interview, Sigel provided detailed insights into VanEck’s crypto strategy, the impact of new ETFs, regulatory challenges, and his outlook for the digital assets market. Background and […]

In a recent video update, the YouTube channel Cheeky Crypto provided an in-depth analysis of Solana (SOL), discussing its potential price trajectory and the factors that could drive its growth. The video outlines several key predictions and comparisons to Bitcoin and Ethereum to offer a comprehensive forecast for Solana. The hosts began by emphasizing the […]

Cryptocurrency investment products as a whole saw outflows of $30 million over the past week, with Ethereum-focused products seeing their largest outflows in nearly two years over the same period after investors moved $61 million off of these products. That’s according to CoinShares’ Digital Asset Fund Flows weekly report, which details cryptocurrency investment products saw […]

On 1 July 2024, blockchain analytics service Lookonchain published a detailed thread on X (formerly known as Twitter), uncovering significant insider activities surrounding the launch of the $BAKED token on DegenFund. DegenFund is a Solana-powered platform for creating and launching new tokens on the Solana blockchain. It’s designed for a specific type of crypto investor: […]

In a recent video update, Raoul Pal, co-founder of Real Vision and CEO of Global Macro Investor, delves deep into the current state and future prospects of Solana (SOL) and the broader cryptocurrency market. Here, we summarize his key insights and predictions. Raoul Pal begins by reflecting on Solana’s recent price movements, noting that despite […]

On June 28, Galaxy Digital, a crypto-focused financial services firm led by Mike Novogratz, published an analysis of VanEck’s recent filing for a spot Solana (SOL) exchange-traded fund (ETF) in the United States. According to Galaxy Digital’s blog post, VanEck filed an S-1 with the Securities and Exchange Commission (SEC) to launch an exchange-traded commodity-based […]

On June 29, crypto influencer “MartyParty” took to the social media platform X to explain why Ethereum (ETH) HODLers should consider swapping their holdings for Solana (SOL). MartyParty’s Personal Experience Marty began by sharing his personal experience. He held Ethereum from the beginning and found it difficult and frightening to swap it for Solana in […]

Cryptocurrency trading firm GSR has taken a long position on the smart contract platform Solana (SOL) citing its “superior technology,” and suggesting its “likely just a matter of time” before Solana gets a spot exchange-traded fund (ETF) trading in the United States. In a recently published note GSR highlighted Solana’s features including its Proof-of-History mechanism […]

Solana’s daily stablecoin trading volume appears to have suddenly plunged in a mysterious dip that suggests that while Solana was seeing between $75 and $100 billion worth of daily stablecoin trading volumes, it’s now at a modest $7 billion. The apparent plunge has left investors unsettled, with some pointing to wash trading as a potential […]

On June 27, Matthew Sigel, Head of Digital Assets Research at VanEck, announced via the social media platform X (formerly known as Twitter) that VanEck has filed for the first spot Solana (SOL) exchange-traded fund (ETF) in the United States. In his announcement, Sigel shared detailed insights into why VanEck believes Solana is a compelling […]

As the price of Solana’s native SOL token keeps dropping from a 45-day low, a cryptocurrency analyst has recently predicted that despite a current bearish trend the smart contract platform’s native token will move to surpass the $1,000 mark in the future. Solana is at the time of writing trading at $128 after losing around […]

The price of Solana’s native SOL token has plunged to a 45-day low amid a broader cryptocurrency market downturn that has seen the space lose over $100 billion in value. SOL is nevertheless underperforming the wider market. According to popular cryptocurrency analyst TOBTC, Solana’s underperformance can be attributed to its reduced on-chain activity and a […]

The co-founder of popular cryptocurrency derivatives trading platform BitMEX, Arthur Hayes, has set the cryptocurrency community abuzz with his prediction that Aptos ($APT) will overtake Solana ($SOL) as the second-most prominent Layer 1 (L1) blockchain, behind only Ethereum, within the next two to three years. Hayes, known for his sharp market insights, offered this glimpse […]

In this analysis, we will delve into the year-to-date (YTD) performance of ETH-BTC, ETH-USD, SOL-BTC, and SOL-USD pairs to determine, based on AI predictions, which cryptocurrency potentially presents a better buying opportunity for the remainder of 2024. ETH-BTC Analysis The ETH-BTC chart shows a mixed performance for Ethereum against Bitcoin. Starting the year on a […]

Cryptocurrency investment products saw $2 billion of inflows over the last month, with this past week seeing a total of $185 million being invested in these products to help year-to-date inflows surpass the $15 billion mark. That’s according to CoinShares’ Digital Asset Fund Flows report, which details that investment products offering exposure to the flagship […]

A cryptocurrency trader has managed to turn around $10,000 worth of Solana’s native SOL token into nearly $400,000 in just 10 minutes trading a little-known cryptocurrency on the cryptocurrency’s blockchain for a 3,900% gain in little time. According to data shared by on-chain analysis service Lookonchain, the cryptocurrency trader spent 60 SOL worth around $9,900 […]

Shortly after former U.S. President Donald J. Trump was convicted on 34 felony counts for falsifying business records involving reimbursements to his former lawyer Michael Cohen for hush money payments, several Trump-inspired meme-inspired cryptocurrencies were launched, with one trader making over $160,000 in just 5 hours from them. According to the New York Times, Trump […]

Some astute traders (or gamblers) have managed to capitalize on the meteoric rise of Solana (SOL)-based memecoins, realizing astronomical gains in the process. According to data from blockchain tracking firm Lookonchain, one trader purchased a substantial amount of Dogwifhat (WIF) in December 2023 and has since seen a staggering 118,967% return on their investment. The […]

On 29 May 2024, PayPal Holdings, Inc. (NASDAQ: PYPL) announced at Consensus 2024 that its stablecoin, PayPal USD (PYUSD), is now available on the Solana blockchain. This move aims to make PYUSD transactions faster and cheaper for consumers, enhancing the usability of PayPal’s stablecoin. The integration of PYUSD on the Solana blockchain is significant due […]

Wall Street giant JPMorgan Chase has expressed skepticism about the potential approval by the U.S. Securities and Exchange Commission (SEC) of a spot Solana ($SOL) exchange-traded fund (ETF), or on the approval of such a fund offering exposure to other altcoins. JPMorgan’s managing director and global marketing strategist Nikolaos Panigirtzoglou noted that the SEC’s historical […]

Cryptocurrency investment products saw over $1.05 billion in inflows over the past week with Bitcoin (BTC) products seeing $1.012 billion and Ethereum focused products seeing $35.5 million of inflows. According to CoinShares’ latest Digital Asset Fund Flows report, other altcoin investment products saw inflows with Solana (SOL) products standing out after seeing $8 million of […]

Blockchains have diverse architectures, leading to interoperability challenges. Fortunately, various third-party solutions like bridges, extensions, wrapped assets, and cross-chain protocols enable asset utilization across different ecosystems and wallets. While it’s not possible to manage SOL and SLP tokens directly on MetaMask, we can still use a third-party to manage our Solana-based funds, all while remaining […]

The potential approval of spot Ether exchange-traded funds (ETFs) in the United States has helped boot the cryptocurrency market significantly and is a significant step forward in cryptocurrency regulation, according to brokerage firm Bernstein, which suggested that Solana ($SOL) exchange-traded funds could follow. According to a recent research report from the brokerage firm, which comes […]

On 22 May 2024 when Brian Kelly, a notable crypto investor and CNBC’s ‘Fast Money’ trader, suggested that Solana (SOL) could be the next cryptocurrency to get a spot exchange-traded fund (ETF) in the United States. Kelly’s prediction has ignited a lively debate among industry experts and market observers. Kelly is a financial analyst and […]

Syncracy Capital, a thesis-driven hedge fund focused on high conviction, concentrated investments in the cryptoeconomy, was founded in 2022 by Daniel Cheung and Ryan Watkins. The fund is known for its strategic bets on the secular winners of the crypto economy, and its latest focus is on the Solana blockchain’s native token, SOL. On 16 […]

A cryptocurrency trader has sold their $GME, a memecoin that saw its price explode on the Solana blockchain after a meme stock frenzy surrounding GameStop resurfaced earlier this month, for a loss of over $122,000 after capitulating. According to data shared by on-chain analysis service Lookonchain, the cryptocurrency trader sold their memecoin that use the […]

The revenue cryptocurrency users can get for staking some of the most popular digital assets has dropping significantly over the past year, with the yield earned for staking Ethereum ($ETH), for example, plunging from over 5% to around 3.18% at the time of writing. That’s according to data from CCData shared with CryptoGlobe, which shows […]

A cryptocurrency trader managed to, in the span of just 5 minutes, turn just 9 Solana ($SOL) tokens worth around $1,470 into 1,238 SOL worth over $200,000, to secure a gain of 137x in little time. According to data shared by on-chain analysis service Lookonchain, the trader spent the 9 SOL tokens to buy 28.58 […]

On May 15, Robinhood Crypto announced that it is making a significant push to enhance its services for European customers, introducing a suite of new features aimed at improving accessibility and user experience. The announcement includes the rollout of crypto staking, localized apps, and a 10% bonus on net buys for new users within their […]

Cryptocurrency investment products saw inflows of $130 million over the past week, with Solana ($SOL) leading institutional investment among the altcoins it’s possible to get exposure to via these products. According to CoinShares’ latest Digital Asset Fund Flows weekly, investment products offering exposure to the flagship cryptocurrency Bitcoin saw inflows of $144 million, while products […]

In a stunning turn of events, cryptocurrency exchange FTX, which collapsed in November 2022, has accumulated billions of dollars more than the amount needed to cover customer losses. This extraordinary development sets the stage for a rare outcome in U.S. bankruptcy proceedings, where creditors are poised to receive full recoveries plus interest. The FTX bankruptcy […]

In the fast-paced and often unpredictable world of cryptocurrency trading, emotions can play a significant role in the decision-making process. A recent example of this phenomenon involves a Solana (SOL) trader who experienced a substantial loss of $37,000 while speculating on a meme coin called $DEVIN. The incident, reported by Lookonchain, highlights the dangers of […]

A ‘patient’ cryptocurrency trader has managed to turn around $8,600 into over $1.26 million after investing in a little-known cryptocurrency and holding onto it for two months to secure their gain of 144x. That’s according to data from on-chain analysis service Lookonchain, which  revealed that the trader spent a total of 60 SOL tokens with […]

A cryptocurrency trader has managed to turn 500 Solana ($SOL) tokens worth around $67.000 into 5,789 SOL worth over $780,000 in just 15 minutes after managing to “snpe” a large portion of a newly launched cryptocurrency’s supply. According to on-chain analysis service Lookonchain, the cryptocurrency ‘sniper’ managed to acquire 665 million $QUACK tokens as they […]