Solana's SOL price remains stable around $71-$74 despite declining traditional DeFi metrics, including a drop in total value locked from $12 billion to $4.8 billion and a 31% fall in DEX volumes. The token's resilience is driven by rapid growth in tokenized stock trading on Solana, which now dominates this niche with 99% of tokenized stock DEX trades and daily volumes exceeding $200 million. Institutional players like Backed Finance and Ondo Global Markets are expanding tokenized equity assets on Solana, signaling a shift toward integrating traditional financial assets on blockchain. Investors should watch tokenized equity volume growth and TVL trends for future SOL performance.
Bitcoin stabilized around $60,000 after a recent selloff, while DeFi tokens like Aave surged 19% due to potential strategic investment by Kraken. Aave's founder emphasized the protocol's strong financial health and upcoming tokenomics updates. Solana...
Bitcoin stabilized around $60,000 after a recent sell-off, while tokens linked to decentralized finance (DeFi) and the Solana ecosystem led market gains. Aave's token jumped 19% following news of a potential strategic investment by Kraken's parent co...
Solana's price remained stable around $68 amid two key developments boosting institutional interest: Grayscale lowered fees on its Solana staking ETF, increasing yield pass-through to investors, and Asia-Pacific firms plan to use Solana-based stablec...
The CoinDesk 20 index rose 0.4% to 1595.41, driven by strong performances from AAVE, which jumped 8.9%, and Solana (SOL), which gained 4.5%. Eleven of the 20 assets in the index traded higher, while NEAR and Ethereum (ETH) lagged with declines of 2.5...
U.S.-listed altcoin ETFs experienced mostly flat net flows on June 25, with notable outflows concentrated in Solana and Hyperliquid ETFs. Solana's outflows were driven by redemptions in Bitwise’s BSOL fund, while Hyperliquid saw declines in two of it...
