MoneyGram CEO Anthony Soohoo announced a new integration with Solana that allows developers building on Solana to use MoneyGram's network of 500,000 retail locations for cash deposits and withdrawals. This move bridges traditional finance and decentralized finance by connecting digital wallets to physical cash points, enabling stablecoin users to convert crypto into cash easily. The partnership aims to empower developers to innovate in payments with real-world infrastructure backing their digital applications. This follows MoneyGram's broader blockchain strategy, including previous partnerships with Stellar and launching its own stablecoin MGUSD.
DeFi platforms on Solana are currently leading in the number of tokenized stock deposits, highlighting Solana's strong position in decentralized finance. This could attract more investment and interest in Solana's ecosystem. However, market predictio...
The crypto market gained momentum with total capitalization rising to about $2.2 trillion, driven by strong ETF inflows and positive investor sentiment. Bitcoin remains above $64,000 supported by nearly $486 million in weekly ETF inflows, while Ether...
Bitcoin jumped to $68,310, Ethereum surpassed $2,000, and Solana rose 6.5%, triggering a $1.22 billion short squeeze in just one hour. This rally was driven by a capital shift from the weakening AI tech sector into cryptocurrencies, surprising many t...
Solana's weekly trader retention has reached 61%, the highest since June 2024, indicating a loyal and engaged user base rather than reliance on new traders. This retention level is significant as it matches a peak period of crypto market activity, su...
Recent data shows 61% of weekly Solana users are returning participants, the highest since June 2024. This increase suggests renewed interest in Solana, which historically sees market shifts driven by retail and speculative activity. Currently priced...
