Decentralized exchanges (DEXs) saw a surge in activity with daily volume reaching $17.04 billion and 35.19 million transactions, driven largely by Solana-based memecoins. Tokens like Jimothy the Raccoon, Bear on Pol, and The GameStop Bull led trading, with some posting extraordinary percentage gains due to low liquidity and viral interest. Despite these spikes, actual capital flow concentrated in a few pairs such as Jupiter/MET and Bonk/MET. The rapid shifts highlight the high-risk, speculative nature of current DEX trading, emphasizing the need for caution as liquidity can quickly rotate away from underperforming tokens.
Morgan Stanley has filed the final paperwork with the SEC to list its Solana and Ethereum staking ETFs on the NYSE Arca. These ETFs will hold the actual cryptocurrencies and offer investors staking rewards, with 95% of those rewards passed to shareho...
Solana has started registering validators for its Alpenglow upgrade, expected between August and October 2026. This upgrade aims to reduce transaction finality time from about 12 seconds to 150 milliseconds, allowing near-instant payments and trades....
Solana is maintaining a critical support level around $75, which could enable a recovery toward resistance near $98. Analysts suggest that a confirmed breakout above $98 may lead to a rally targeting $120–$125, with some optimistic projections aiming...
U.S. Solana ETFs experienced a $5.83 million net inflow on July 21, the largest daily increase in two weeks, driven entirely by the Bitwise BSOL fund. The total assets under management for Solana ETFs stand at about $912.73 million, with cumulative n...
XRP and Solana spot ETFs recorded consecutive net inflows, highlighting selective institutional interest in these altcoins amid generally muted activity in other altcoin ETFs. XRP spot ETFs saw $5.66 million in inflows, mainly in Franklin XRPZ, with ...
