Solana's real-world asset (RWA) ecosystem has surpassed $4 billion in total value and now has more than 350,000 holders, up from $3.7 billion and 313,000 holders in late July. This growth reflects increasing adoption of tokenized assets like Treasuries and equities on Solana's blockchain. The milestone indicates rising confidence in Solana's network capabilities and potential for further expansion. Market predictions show slight optimism for Solana's price in August, though major price targets remain challenging. Investors will watch for developments such as ETF approvals and network upgrades that could influence Solana's market outlook.
On August 19, Solana's blockchain network generated over $1 million in daily revenue, its highest in six months, driven by increased on-chain activity. This surge reflects strong demand for block space, benefiting validators and potentially boosting ...
A cryptocurrency wallet linked to market maker Wintermute held $190.77 million in short positions on Hyperliquid as of August 24, with Ethereum as the largest short at $53.02 million, followed by Bitcoin and Solana. The wallet's short exposure increa...
Solana validators and delegators are voting on three key governance proposals: ratifying a network constitution, doubling the annual disinflation rate from 15% to 30%, and redesigning transaction fees to include a fixed inclusion fee and a resource f...
Solana validators are voting on major protocol changes including doubling the annual disinflation rate from 15% to 30% and updating the transaction fee model to a resource-based system. These changes aim to reshape Solana's economic structure, potent...
Solana (SOL) surged 8.7% to around $97.09, breaking above $90 for the first time in three months and wiping out $4.6 billion in bearish positions over 72 hours. This rally followed the SEC's proposed crypto regulations, boosting market sentiment and ...
