Solana's trading volume soared over 3200% in Q2, reaching $67 billion, driven by diverse use cases like memecoins and staking. Despite this strong on-chain growth, Solana's price has lagged, and ETF flows show early signs of weakness with $5.8 million outflows in June. A recent $15 million short position may be a strategic bet on a liquidity-driven pullback, possibly signaling a bull trap amid broader market risks. If momentum drops and leveraged longs unwind, Solana's price could retest $40, highlighting caution for investors.
Security firm Salus traced about 3,600 stolen Solana (SOL) tokens, worth roughly $22 million, to HitBTC's hot wallet, showing how hackers use complex routes to launder stolen funds. The tokens originated from a Binance theft and were moved using auto...
Solana processed about 3.3 billion successful non-vote transactions in October 2026, marking its sixth consecutive monthly record and a 3.8% increase from September. This growth reflects rising activity in trading, payments, and stablecoin transfers,...
Solana recorded approximately 3.3 billion successful non-vote transactions in October, averaging about 109 million transactions daily. This marks the sixth consecutive month of record-high activity, driven by faster slot times and increased block com...
The BNB Foundation completed its 37th quarterly burn on October 19, removing approximately 1.65 million BNB tokens, which is about 1.25% of the total supply after the burn. This burn is part of an ongoing program that adjusts the amount burned based ...
On November 3, Solana recorded significantly higher 24-hour active addresses (2.63 million) and transactions (94.65 million) compared to Ethereum's 495,808 addresses and 1.88 million transactions. However, Ethereum's decentralized finance (DeFi) tota...
