Solana Labs co-founder Anatoly Yakovenko argues that the IRS's current tax treatment of staking rewards as immediate income creates a significant burden, especially for smaller stakers, by forcing them to pay taxes on unrealized gains. This tax policy, stemming from IRS Revenue Ruling 2023-14, discourages participation in proof-of-stake networks like Solana, Ethereum, and Cosmos. Despite bipartisan efforts to change this to a realization-based tax system, the IRS has not revised its stance. Yakovenko suggests that addressing these tax issues would benefit Solana's ecosystem far more than network tokenomics adjustments, which remain secondary in importance.
Dogecoin (DOGE) has been fully integrated onto the Solana blockchain through Wormhole's Native Token Transfers (NTT) framework and the Sunrise liquidity gateway. This integration, covering DOGE's entire $35 billion circulating supply, allows DOGE to ...
Bitcoin's price stabilized around $79,600 to $80,100 after a recent surge, supported by strong institutional demand with spot Bitcoin ETFs attracting up to $987 million in weekly inflows. Corporate Bitcoin purchases continued despite market volatilit...
For the week ending August 26, 2026, Solana led memecoin trading volume across major crypto chains with $5.2 billion, capturing 85% of the market. This outpaces Robinhood Chain, which managed $389 million in the same period after a strong launch in J...
1win has expanded its crypto services by enabling USDC deposits and withdrawals via the Solana network, offering users a fast and low-cost stablecoin option. The platform also announced the upcoming launch of its 1win Token on Solana. Additionally, 1...
Jupiter, a major Solana-based DeFi platform, has integrated its Gacha trading-card product into its mobile app, allowing users to open digital packs containing real graded collectible cards like Pokémon and One Piece. Users can manage cards, opt for ...
