An X account named gum shared a strategy of holding cash on the Kamino platform, which earned a 2% return over 30 days while Solana (SOL) prices fell by 21%. This approach increased the account's buying power, allowing it to purchase about 29% more SOL than a month earlier. The post highlights decentralized finance (DeFi) as a way to earn returns on idle cash and identifies Kamino as a trusted platform for this strategy. The account also mentioned withdrawing $2,200 for personal expenses during this period.
The Kamino user's strategy of holding cash while Solana prices fell contrasts with current market activity on Pluang, where Solana trades at Rp1.664.517 as of Nov 03, 2026 06:21 WIB. Despite the recent 2.61% drop in one day, Solana maintains a strong market presence with a market cap of Rp980,67 trillion and a 62% buy order activity. Typical holders on Pluang keep Solana for about 72 days, indicating a medium-term interest in the asset.
A large Solana whale deposited 1.49 million SOL worth $148.77 million across multiple exchanges, raising fears of significant selling pressure. Despite some positive netflows, the overall market shows strong selling dominance in both spot and futures...
DeFi Development Corp. increased its Solana (SOL) holdings by 5,336 tokens, bringing the total to about 2.6 million SOL. CEO Joseph Onorati emphasized that tokenization is a crucial factor for Solana's long-term development. The company's treasury is...
Solana's decentralized exchange (DEX) recorded over $65 billion in trading volume in October, maintaining its position as the top DEX across blockchain networks for 15 consecutive months. This continued dominance highlights Solana's strong liquidity ...
The US midterm elections on November 3 will determine control of the House and Senate, influencing the fate of key crypto legislation like the CLARITY Act. Markets largely expect Democrats to retain the House and possibly the Senate, pricing in limit...
Solana's blockchain has operated without a network-wide halt for 1,000 days since February 6, 2024, marking a record in technical stability. However, the SOL token price has fallen to $92.78, its lowest since August 21, reflecting a 22% drop over 30 ...
