Solana activated a rent reduction on September 3rd, lowering on-chain account storage costs by about 90%. This change reduces the Lamports-per-byte requirement, allowing existing accounts to withdraw surplus SOL without closing. Approximately 3.08 million SOL, worth around $307 million, could become reclaimable from over 1.16 billion token accounts. While this frees previously locked capital, it does not automatically refund holders; they must actively withdraw the surplus. The move coincides with a reduction in future SOL issuance and has contributed to a price rebound above $100, though some profit-taking continues.
The U.S. Securities and Exchange Commission (SEC) approved a Nasdaq Texas rule change that officially classifies Bitcoin, Ethereum, Solana, and XRP as digital commodities. This change allows more flexible management of crypto investment products on t...
The G7 Cyber Expert Group has called on financial institutions to start planning a coordinated transition to post-quantum cryptography to safeguard against future quantum computer threats. This shift is a long-term effort requiring extensive inventor...
President Donald Trump commented on "Solana coin," clarifying he does not manage or focus on it, referring instead to physical $1 Trump-branded tokens being sold as merchandise. This caused confusion as some thought he meant the Solana blockchain or ...
DeFi Development Corp., formerly Janover Inc., priced its CHAD preferred stock at $8 per share, raising $11 million to expand its Solana treasury. The preferred shares offer a 13% annual dividend paid daily and are perpetual and nonconvertible, givin...
Bitcoin surged above $82,000 on September 3 after $250 million in short positions were liquidated, triggering a $758 million total crypto market liquidation dominated by shorts. This short squeeze fueled a 21% rally in Zcash and notable moves in Ethe...
