Upexi reported a $109 million net loss in Q3 mainly due to a $92.3 million unrealized loss on its Solana holdings, causing shares to drop over 8%. Despite this, revenue rose 46% year-over-year to $4.6 million, boosted by staking income. The company holds about 2.5 million Solana tokens worth over $238 million, making it a top corporate Solana holder. Upexi is pursuing share buybacks and capital raises to strengthen its position amid a challenging crypto market, aiming to build a Solana-focused treasury strategy.
Solana (SOL) traded just below $96 on Binance, a key support level identified by analyst Alejandro Arrieche. If SOL breaks below $96, it could fall further to between $77 and $84. However, if it holds above $96 and its 200-day moving average, a recov...
Solana's staking reward records now omit the validator commission rate from outward metadata when a new protocol feature is active, making it harder to audit past payouts. Despite this, the Agave client still uses the commission rate internally to ca...
Anchorpoint, a consortium licensed by the Hong Kong Monetary Authority, has partnered with the Solana Foundation to launch its HKDAP stablecoin on the Solana blockchain. This integration enables native minting and redemption with near-instant settlem...
Super Pepe (SP) token saw a significant 83.04% price increase in the past 24 hours, trading at $0.0178 with a market cap of about $17.8 million, topping the crypto search list on Oct 31. Other notable cryptocurrencies included Solana (SOL), which tra...
An unidentified crypto derivatives trader increased their short position in Solana (SOL) by 50,000 tokens, worth approximately $4.77 million at an average price of $95.28 per SOL. This raised their total short position to 250,000 SOL, with cumulative...
