Solana spot ETFs attracted a record $138 million in net inflows over 10 days, led by Bitwise's BSOL which surpassed $1 billion in assets under management (AUM) with 9.3 million SOL tokens. This milestone was reached 10 months after BSOL's launch, showing strong investor confidence even during a bear market. Despite this, Solana's price fell 4.26% to $103.58 amid a broader crypto market sell-off driven by risk aversion and Federal Reserve hawkishness. The inflows into Solana ETFs highlight growing institutional interest, contrasting with the short-term price decline and suggesting potential for future recovery if support levels hold.
GMX's new proposal would use Solana protocol revenue remaining after GT token buybacks to fund GMX token buybacks, adding those tokens to staking rewards. Meanwhile, stakers on Arbitrum and Avalanche would face a 180-day withdrawal waiting period sta...
Bitcoin increased by 2.9% to $83,802, with other major cryptocurrencies like XRP, Dogecoin, Ether, Solana, and BNB also posting gains. XRP led the top six assets with a 5.03% rise, while the total crypto market capitalization slightly decreased by 0....
Polymarket's Solana market now estimates a 70% probability that Solana's token will reach $110 by the end of the month, up 16 percentage points in 24 hours. This optimism coincides with Solana's upcoming Alpenglow upgrade, scheduled for October 21, w...
Bitcoin's open interest in perpetual futures rose to $8.09 billion on Oct. 21, up 4.04% from Oct. 18, indicating growing trader engagement. Ether followed with $5.69 billion, while XRP saw the largest percentage increase at 5.57%. Solana was the only...
Open interest in crypto derivatives has risen to $41.6 billion, driven by Bitcoin at $23.4 billion, Ethereum at $15.5 billion, and Solana at $2.7 billion amid a price recovery. This increase signals growing trader participation and higher leverage us...
