Solana's U.S. spot ETFs have attracted $1.22 billion in inflows over five sessions, driven mainly by Bitwise's BSOL fund, even as the SOL price remains well below its all-time high. The Solana blockchain recorded a record 4.2 billion transactions in July, boosted by a 66% increase in block capacity and rising tokenized real-world assets totaling $3.73 billion. Meme coin trading on Solana also surged, reaching $5.2 billion in weekly volume in mid-August. Despite these strong fundamentals and growing institutional interest, SOL's price is still about 67% below its peak, with investors awaiting the upcoming Alpenglow upgrade to potentially improve transaction finality and support price recovery.
Solana (SOL) experienced $10.85 million in liquidations within one hour ending at 10 a.m. ET on Nov. 5, mostly from long positions totaling $10.83 million. The price of SOL fell 2.63%, dropping from $95.41 to $92.90 during this period. These liquidat...
Solana Labs has introduced a public beta version of its Leap app for iPhone users, allowing on-chain swaps of cryptocurrencies and tokenized assets like stocks, ETFs, and metals. The beta is accessible via Apple's TestFlight but excludes users in the...
Solana Labs has launched a public TestFlight beta of its Leap app for iPhone, enabling on-chain swaps of cryptocurrencies and tokenized assets like stocks, ETFs, and metals. Despite this new feature, Solana's native token SOL dropped about 6-7% in pr...
Samsung has integrated the stablecoin USDC on the Solana blockchain into its digital wallet, available on about 82 million Galaxy devices in the US (excluding New York). This move, supported by Bastion and Coinbase, aims to increase Solana-based doll...
US altcoin ETFs saw significant withdrawals on November 5, with Grayscale's Zcash ETF losing $11 million, followed by outflows from Hyperliquid, Solana, Avalanche, and NEAR funds totaling about $16.8 million. This selloff reflects broader market pres...
