Solana's stablecoin payments surged to a record $94 million, capturing 21% of the stablecoin payment market, driven by growing real-world adoption and institutional use. Meanwhile, spot Solana ETFs surpassed $1 billion in assets, though recent flows turned mixed amid broader market uncertainty. The network is also preparing a major consensus upgrade, 'Alpenglow,' aimed at boosting speed and scalability. Despite a cooling in speculative trading, Solana's shift towards payments and enterprise applications signals a maturing ecosystem with strong institutional interest.
An unidentified holder transferred 1.49 million Solana (SOL) tokens, valued at approximately $148.77 million, to multiple cryptocurrency exchanges over a period of 10 days. These transfers place a significant amount of SOL on trading platforms, makin...
Solana (SOL), a blockchain network supporting digital assets and applications, saw its price fall slightly to $94.87 as of early Monday, down 0.76% in the past 24 hours. The minor decline indicates modest market movement without major shifts. Investo...
The total cryptocurrency market capitalization fell by 2.92% to $2.62 trillion as of midnight ET Monday, even though Bitcoin and four out of five other major cryptocurrencies posted gains. Bitcoin rose 0.77% to $78,420, Ether increased 1.17% to $2,29...
Solana (SOL) spot exchange-traded funds experienced a record weekly net outflow of $71.47 million during Oct. 26-30, the largest in their history. Bitwise's BSOL fund led with $45.82 million withdrawn, although it still holds $1.12 billion in cumulat...
An investor reduced their short position in Solana (SOL) by about $23.61 million, closing trades worth roughly $23.72 million at an average price of $94.90 per SOL. Despite the reduction, the exit resulted in an estimated loss of $240,000. However, t...
