Solana's price remains bullish, trading near $103.25 with buyers defending support between $90.50 and $100.48. The network processed about five billion transactions in August and generated $42.28 million in weekly application revenue, highlighting strong demand. While derivatives volume dropped 42.33%, open interest rose slightly, indicating traders expect a significant move. A confirmed break above $110-$113 resistance could lead to higher targets at $132.93 and beyond, but maintaining support is crucial to sustain the upward trend.
Tokenized equity trading volume reached nearly $3 billion weekly in August, driven mainly by Robinhood Chain, BNB Chain, and Solana. Despite this growth, only about 5% of tokenized stocks are used in onchain financial applications, with total value l...
Bitwise CIO Matt Hougan highlights three main crypto investment themes: Bitcoin as a hedge against currency debasement, Zcash for privacy, and a decade-long tokenization trend involving assets like ETH, SOL, and UNI. He predicts Bitcoin will break it...
The SEC approved changes to Nasdaq Texas Rule 5711(d), explicitly naming XRP alongside Bitcoin, Ether, and Solana as digital assets meeting commodity-based trust standards. This approval allows crypto trusts to hold at least 85% in qualifying assets ...
Solana (SOL) has broken above a months-long consolidation pattern, with the $110-$113 range now the immediate resistance to watch. Holding support between $90.50 and $100.48 is crucial for maintaining bullish momentum. A sustained move above $113 cou...
Solana co-founder Anatoly Yakovenko criticized Robinhood Chain's average transaction fee of $0.40, calling it 'brain dead' and arguing that the brokerage profits from network congestion rather than transparent user charges. Robinhood Chain, which run...
