Alameda Research transferred 201,000 Solana (SOL) tokens worth $15.14 million to BitGo Custody, signaling possible asset redistribution ahead of a Q3 creditor deadline. Despite this large transfer, Solana's price showed little reaction, trading around $75 with ongoing market weakness. Data indicates increased selling pressure and a bearish trend, with SOL likely to face further declines unless it closes above $78.62. Investors remain cautious as more tokens flow into exchanges, suggesting potential continued downside risk.
SkyAI, a company managing Solana treasury assets, is currently facing opposition from shareholders against the reelection of its board members. However, there are no verified details on the number of opposing shareholders, their reasons, or the outco...
On September 7th, Solana captured 67% of all memecoin trading volume across spot decentralized exchanges, nearly three times the 23% share held by Robinhood Crypto. This dominance reflects a long-standing trend, with Solana maintaining over 50% of me...
On September 8, XRP ETFs recorded $1.55 million in net inflows, standing out as the only crypto ETFs to attract new capital while Bitcoin, Ethereum, Solana, and Hyperliquid ETFs experienced outflows. Despite this daily lead, XRP's inflows are modest ...
The Solana Foundation has become a Platinum member of the Rust Foundation, committing $325,000 annually and gaining a dedicated board seat. This move formalizes Solana's long-standing use of Rust, the programming language that powers most on-chain pr...
XRP exchange-traded funds (ETFs) attracted $1.55 million in net inflows on September 8, contrasting with outflows from Bitcoin, Ethereum, and Solana ETFs. Bitcoin ETFs experienced the largest withdrawals at about $46.65 million, followed by Ethereum ...
