Solana has overtaken Base in x402 payment protocol activity, handling the majority of transactions and volume for the first time. This protocol enables AI agents and apps to use stablecoins for online services, marking a significant growth area. Additionally, Solana led in app revenue for August with $143 million, accounting for 38% of total on-chain app earnings, surpassing Ethereum and others. Despite a recent price rally, SOL is consolidating around $104, with positive buying interest suggesting potential for further demand growth or profit-taking by traders.
Solana's (SOL) price surged past $120 on September 25, marking a 100% gain from its June low of around $60.39. This rise is supported by $32.81 million in net inflows into US spot Solana ETFs and a 14% increase in SOL futures open interest to $7.49 b...
On September 25, U.S. spot Solana ETFs attracted $86.67 million in net inflows, signaling strong investor interest in funds tracking Solana (SOL). The Bitwise Solana Staking ETF (BSOL) led the inflows with $55.73 million, pushing its total net inflow...
Forward Industries completed a $25 million registered direct offering by selling 3.125 million shares at $8 each to an institutional investor. The proceeds will primarily fund additional purchases of Solana (SOL) tokens, expanding the company's SOL t...
Solana's price surged past $120, reaching $122.18, driven by ETF buying and short liquidations, as the Federal Reserve opened public comment on new stablecoin issuer regulations under the GENIUS Act. These proposals set reserve, capital, and risk man...
Bitcoin fell about 0.9% to around $83,600 after reaching an intraday high near $87,000, retracing part of a recent rally. Despite the dip, technical indicators remain bullish, supported by a golden cross pattern. The pullback coincided with $15.6 bil...
