Solana has reached a new milestone with approximately 6 million monthly USDC senders, making it the top blockchain for stablecoin payments. This growth, more than tenfold since late 2023, reflects broad usage in salary payments, peer transfers, and retail transactions. Solana's fast, low-cost transactions and growing integration with payment apps have driven this surge, positioning it as a mainstream crypto payments network. While Ethereum still leads in total stablecoin supply, Solana's high transaction volume creates steady demand for its token, SOL, signaling strong network utility and potential future growth.
Solana's price is holding a higher-low pattern above $75 and is testing a critical resistance zone between $78 and $78.70. A confirmed breakout above this level could pave the way for gains toward $80, $82, and potentially $100, supported by technica...
Solana's derivative market shows increased leveraged coin trading even as its USD open interest drops nearly 47.5% from last year. The total SOL exposure has risen by 21.6%, indicating traders hold more Solana despite lower prices near $76. A whale r...
Solana is set to upgrade its network to reduce block time from 400ms to 350ms, enhancing transaction speed and throughput. Alongside this, a major tokenomics proposal could increase daily SOL token burns significantly, potentially lowering net token ...
Bitcoin's price fell marginally by 0.26% to around $64,800, while Ethereum edged up 0.09% to about $1,917, reflecting a cautious market mood. Crypto derivatives volume plunged over 51%, signaling reduced leverage and fewer short-term bets, while stab...
Spot Bitcoin ETFs experienced inflows totaling $853.54 million in the past week, marking the best weekly performance since April. BlackRock's IBIT led with $693.5 million, followed by Fidelity's FBTC with $116.5 million. Despite a recent hack causing...
