Solana whales have accumulated nearly $9.7 million worth of SOL tokens as the price broke out from a consolidation range, trading near $86.30 with a 1.85% gain. Large wallet activity and a 59.95% increase in holdings among the top 100 wallets indicate strong confidence in further upside. Derivatives data also show bullish signals, with positive funding rates and a slight preference for long positions. However, SOL faces resistance near $87.21, and technical indicators suggest the broader trend remains weak, making the next move critical for a potential 9% rally.
Amundi, Europe's largest asset manager with €2.4 trillion AUM, and Spiko Finance have launched SAFO, a UCITS-compliant tokenized fund on the Solana blockchain. SAFO operates as a sub-fund under the SPIKO SICAV structure, backed by total return swaps ...
Solana (SOL) recently rallied to $98.41 but failed to break the key $100 resistance, hindered by a prevailing bearish trend and weak market sentiment despite Bitcoin's rise. The $95.26 level from April 2025 has acted as resistance in 2026, with selle...
Solmate Infrastructure, a Nasdaq-listed company focused on Solana blockchain infrastructure, raised about $11.4 million through a registered direct offering of 2.3 million Class B shares priced at $4.97 each. The capital raise, closing around May 27,...
Ethereum spot ETFs saw $104 million in outflows on May 7, while Solana ETFs recorded $1.12 billion in inflows over 11 consecutive days, highlighting a clear institutional rotation within crypto assets. This shift shows investors are now making more s...
SOL Strategies acquired Zyga, a zero-knowledge proof system built natively for Solana, for $1.2 million to enable private trade execution and regulatory compliance for institutional users. Zyga protects trades from front-running bots and supports zkK...
