A surge in demand for SpaceX tokenized stocks on Solana led to $557 million committed via Binance Wallet, but the tokenization provider could not secure enough underlying shares to fulfill subscriptions. This caused cancellations and refunds on platforms like Bybit and Bitget. The event highlights the challenge of off-chain share procurement despite Solana's strong on-chain volume dominance. Future tokenized equity deals will require verified inventory caps, proof-of-assets, and clearer redemption terms to avoid similar failures.
Starknet has released a new appchain framework that allows developers to create sovereign blockchains with custom execution logic while inheriting security from Starknet's zero-knowledge (ZK) core stack. This framework focuses on modular settlement a...
The SEC has approved the T. Rowe Price Active Crypto ETF, allowing it to list and trade shares with an active strategy investing in 5 to 15 eligible cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). The fund can also use USD...
Solana's price increased by 3.38% to $67.73, extending weekly gains above 4%, driven by renewed bullish momentum. This rise coincides with the launch of SPCX, a tokenized SpaceX share product on Solana, allowing users to trade and redeem tokenized sh...
Bitcoin and Ethereum posted solid daily gains, with Bitcoin up 2.21% to $64,054.40 and Ethereum rising 2.57% to $1,684.08. This rally is driven by increased dominance of these large-cap cryptocurrencies, signaling investor preference for quality and ...
In June, Solana's price dropped by more than 20%, falling faster than Ethereum's 17% decline, reaching its lowest level in over two years. Despite this, institutional interest remains somewhat stable, with Solana's ETF and futures markets showing res...
