Solana (SOL) climbed to the mid-$70 range, supported by rising institutional interest and expanding tokenized asset activity on its network. The blockchain processes about $650 billion in monthly stablecoin payments and has seen over $4 trillion in cumulative on-chain transactions, highlighting its role beyond speculation. Tokenized equity trading on platforms like Raydium has surged, and major banks such as JPMorgan and Goldman Sachs are exploring Solana-based tokenized asset initiatives. Despite some ETF outflows and short positions that add volatility risk, Solana's upcoming Breakpoint 2026 event in London signals a push for institutional-grade adoption and European market expansion.
Solana co-founder Anatoly Yakovenko criticized Robinhood Chain's average transaction fee of $0.40, calling it 'brain dead' and arguing that the brokerage profits from network congestion rather than transparent user charges. Robinhood Chain, which run...
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 mi...
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 ...
