Tokenized U.S. Treasury bills are expanding across multiple blockchain platforms, with Solana adding $378.2 million in new issuance over 30 days, outpacing Ethereum's $272.2 million. Other blockchains like BNB Chain and zkSync Era also saw growth, while off-chain holdings increased by $81.7 million. Major issuers like Superstate and Securitize are driving most of this supply, concentrating capital in established firms. Additionally, tokenized equities worth $111 million are actively deployed in DeFi, led by Solana, indicating growing on-chain use beyond issuance. This trend suggests a potential evolution toward a broader multichain market for tokenized assets.
Bitcoin's recovery is boosting the broader crypto market, with altcoins such as Solana, Ethereum, SUI, Avalanche, and Dogecoin showing strong gains. SUI is nearing the key $1 level, Solana is testing resistance near $120, and Ethereum is pushing towa...
Solana's SOL token surged past $116, causing a major short squeeze that liquidated over $18 million in bearish positions. This rally began after SOL broke through the $110 resistance level for the first time in seven months, forcing short sellers to ...
Solana's price rose about 5.2% in 24 hours, breaking past the $108-$110 resistance level, driven by ZetaChain's decision to migrate its ZETA token to Solana and strong institutional demand via Solana ETFs. The technical outlook improves with a new ta...
Solana (SOL) is trading around $108.79 after pulling back from $112.39, testing support near $107.50. The recent break above $96 signals a bullish market structure, with key resistance at $112-$115. A close above $115 could confirm a broader upward t...
ZetaChain token holders approved Proposal 68 with 99.4% support to discontinue ZetaChain's Layer 1 blockchain and migrate the ZETA token to Solana as an SPL token on a 1:1 basis. This move aims to leverage Solana's faster transactions, lower fees, an...
