Solana experienced a massive short squeeze with over $33.8 million in short positions liquidated as its price surged nearly 6% to around $95. This sharp rally wiped out traders betting against SOL, which jumped from about $75 a week ago, causing significant losses for bearish leveraged traders. The liquidation was concentrated mainly on Binance, with other exchanges like OKX and Bybit also affected. This event is part of a broader crypto market rally fueled by positive macroeconomic signals, pushing total short liquidations across cryptocurrencies above $1.2 billion in 24 hours. The clustered short liquidity between $80 and $92 triggered cascading liquidations, driving the price higher and reinforcing the rally.
The Bitwise Solana Staking ETF (BSOL) attracted $20 million in inflows this week, pushing its net assets close to $730 million since its October 2025 launch. Unique among ETFs, BSOL stakes nearly all its Solana holdings, offering investors a net stak...
Solana has upgraded its mainnet by reducing slot times from 400 milliseconds to 350 milliseconds, enhancing transaction confirmation speeds. This change is part of the Agave v4.2 / Anza rollout, which aims to further reduce slot times to 200 millisec...
The supply of tokenized equity on the Solana blockchain has surged to nearly $470 million, largely fueled by xStocks, which offers tokenized U.S. stocks and ETFs. These tokens are backed 1:1 by shares held with regulated custodians, providing a secur...
Coinbase has introduced a new feature in its app that allows users to immediately access and trade Base and Solana tokens as soon as they launch onchain. This bypasses traditional centralized listing reviews and leverages Coinbase's decentralized exc...
Institutional investors are increasingly using Coinbase's staking services to earn rewards and secure assets on proof-of-stake networks like Ethereum and Solana. This trend signals growing institutional confidence in Ethereum's long-term potential an...
