Solana's network added $378.2 million in tokenized U.S. Treasury bills over the past month, exceeding Ethereum's $272.2 million increase by about $106 million. Despite this strong growth in tokenized assets, Solana's price has weakened, trading near $74.97 amid broader crypto market risk aversion and declining trading volume. The network also leads in tokenized equities deployed in DeFi, hosting roughly 64% of the $111 million total. Technical indicators suggest cautious price support, with market watchers focused on volume, Bitcoin ETF flows, and the $74.97 price floor for the next move.
Tokenized U.S. Treasury bills are expanding across multiple blockchain platforms, with Solana adding $378.2 million in new issuance over 30 days, outpacing Ethereum's $272.2 million. Other blockchains like BNB Chain and zkSync Era also saw growth, wh...
Solana (SOL) is stabilizing near its key $73-$75 support zone after a recent breakout, keeping hopes for a short-term recovery alive with targets at $80 and $85. However, a weekly Elliott Wave analysis suggests caution, indicating SOL might revisit l...
Institutional investors are showing renewed interest in Bitcoin, with analysts suggesting the market bottom may be near. Despite positive sentiment and regulatory moves by the CFTC and SEC, Bitcoin trading volumes have dropped to multi-year lows, lim...
Solana's token (SOL) is now accessible for trading on the XRP Ledger's native decentralized exchange through a wrapped SOL asset issued by Axelar. This development enhances interoperability between the Solana and XRP Ledger ecosystems, allowing users...
Ethereum and Solana prices showed mixed movements recently, with no clear market direction. Grayscale's research suggests both networks might reduce the annual production of new tokens, potentially making ETH and SOL scarcer assets. This reduction in...
