Coinbase has expanded its crypto lending service to include Solana (SOL) as collateral, allowing users to borrow up to $100,000 against their SOL holdings through the Morpho protocol on the Base network. This makes SOL the third major collateral asset on Coinbase after Bitcoin and Ethereum, reflecting Solana's growing liquidity and institutional acceptance. The move supports Coinbase's strategy to become an "Everything Exchange," where users can trade, hold, earn, borrow, and settle across major assets within one platform. Despite a $394 million net loss in Q1 and workforce cuts, Coinbase continues to invest in on-chain finance, with institutional analysts maintaining buy ratings on its stock. The addition of SOL lending may help reduce selling pressure on Solana by providing liquidity options without selling tokens, potentially supporting its price recovery toward $200 and beyond.
A recent surge in cryptocurrency market volatility has sparked potential short-term recovery opportunities for Bitcoin, Solana, XRP, and Shiba Inu. Despite some price rebounds, all four remain in broader bearish trends, with key resistance levels yet...
Japanese cryptocurrency exchange bitFlyer will start supporting Solana (SOL) trading on June 24, marking a key step for Solana's presence in Japan's regulated crypto market. Solana, known for its fast and scalable blockchain technology, has seen its ...
Austin Federa, former Head of Strategy at the Solana Foundation, warns that Solana must avoid complacency amid rising competition from other high-performance blockchains. Despite surviving the 2022 FTX collapse and continuing to grow its DeFi ecosyst...
Solana's blockchain is gaining traction with x402-style agentic payments, where AI agents autonomously transact micro-payments for services. Recent data shows over 75 million transactions and $24 million in volume in 30 days, with growing adoption ac...
Japanese cryptocurrency exchange bitFlyer announced it will start listing Solana (SOL) on June 24, allowing users to easily buy and sell the token. This listing is significant as bitFlyer is one of Japan's largest exchanges, providing Solana greater ...
