Solana's native token SOL fell about 15% after failing to surpass the $98 resistance level, now trading near $85. Bearish market sentiment is indicated by negative perpetual futures funding rates at -3%. Weekly decentralized exchange (DEX) transaction volume on Solana has dropped 56% since January, signaling weakening network activity. Analysts warn that SOL could retest lower support around $78 amid rising competition from platforms like Hyperliquid and Base.
Helius, a Solana infrastructure company, has acquired Light Protocol to develop advanced privacy solutions on the Solana network. The acquisition aims to integrate Light Protocol's zero-knowledge cryptography expertise with Helius's infrastructure to...
Ripple CEO Brad Garlinghouse confirmed that Wall Street and crypto firms are increasingly embracing the institutional finance approach that XRP and Ripple promoted from the start. This shift follows years of criticism labeling XRP as a "banker coin,"...
Kalshi has introduced Solana (SOL) perpetual futures trading, adding to its lineup of CFTC-regulated crypto derivatives in the United States. This move is part of Kalshi's "American Perpetuals" initiative, allowing traders to hold positions indefinit...
Helius has acquired Light Protocol to enhance privacy features on the Solana blockchain by combining cryptographic innovation with infrastructure expertise. This acquisition refocuses Light Protocol on its original zero-knowledge privacy mission, ena...
Kalshi has introduced Solana perpetual futures to its CFTC-regulated crypto derivatives lineup, expanding its American Perpetuals product suite. This addition follows Bitcoin, Ethereum, and XRP contracts, with Dogecoin, Shiba Inu, Stellar, and Hedera...
