Sanctum, a liquid staking protocol on Solana, has increased its Total Value Locked (TVL) by 10% over the past month despite the ongoing bear market. This growth positions Sanctum as the top performer among Solana's leading protocols and now ranks second in TVL on the Solana network, holding over 20% of the chain's DeFi TVL. The rise indicates strong demand for liquid staking tokens and suggests a positive shift in sentiment for Solana's DeFi ecosystem. Investors will be watching for further developments like Solana's upgrades and market factors that could influence this momentum.
Solana secured a significant partnership with Japan's SBI Holdings to launch stablecoins and tokenize assets, sparking controversy within the Cardano community, which historically relied heavily on Japanese investors. Charles Hoskinson, Cardano's fou...
Solana's price fell below $76 following a $253 million liquidation event mainly affecting long positions, driven by recent geopolitical tensions causing market volatility. The decline marks a 1.7% to 5.6% drop in 24 hours and about 5% over the past w...
JupiterExchange has integrated Gacha mechanics into Solana's tokenized card market, allowing users to pull authenticated graded Pokémon and One Piece cards onchain with rewards up to $100,000. This move leverages Solana and Collector Crypt's technolo...
Solana has secured a major partnership with Japanese financial giant SBI Holdings and Sumitomo Mitsui Financial Group (SMFG) to develop Japan's real-world asset (RWA) markets on the blockchain. The collaboration will focus on tokenizing assets such a...
Spot Bitcoin ETFs attracted $197.4 million in net inflows during the week of July 6–10, breaking an eight-week streak of withdrawals that totaled about $8.26 billion. This reversal coincides with Bitcoin trading at around $63,917, below its spring hi...
