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.
Solana (SOL) is stabilizing near its key $73-$75 support zone after a recent breakout, keeping hopes for a short-term recovery alive with targets at $80 and $85. However, a weekly Elliott Wave analysis suggests caution, indicating SOL might revisit l...
Institutional investors are showing renewed interest in Bitcoin, with analysts suggesting the market bottom may be near. Despite positive sentiment and regulatory moves by the CFTC and SEC, Bitcoin trading volumes have dropped to multi-year lows, lim...
Solana's token (SOL) is now accessible for trading on the XRP Ledger's native decentralized exchange through a wrapped SOL asset issued by Axelar. This development enhances interoperability between the Solana and XRP Ledger ecosystems, allowing users...
Ethereum and Solana prices showed mixed movements recently, with no clear market direction. Grayscale's research suggests both networks might reduce the annual production of new tokens, potentially making ETH and SOL scarcer assets. This reduction in...
Solana (SOL) is approaching a breakout from a 19-month downtrend against Bitcoin, indicating a possible major price reversal. Analyst data shows SOL stabilizing around $75 with strong support near $74, driven by increased whale accumulation and staki...
