Solana has dropped more than 21% from its June high and is now testing a critical support zone near $60 after whale selling, weakening DeFi activity, and a sharp market-wide liquidation event erased several months of gains. Summary Solana price has fallen more than 21% from its June high, with whale selling and weaker DeFi…
Solana’s distributed real-world asset value has reached a reported all-time high of $2.7 billion, adding a new fundamental catalyst while SOL remains under selling pressure. Summary Solana’s distributed RWA value reached $2.7 billion as institutional tokenization activity expanded across the network. SOL trades near $63, but a TD Sequential buy signal places $77 resistance within…
Raydium has pledged to fully reimburse losses after an exploit drained approximately $1.3 million from five legacy liquidity pools built on Solana. Summary Raydium said it will fully reimburse losses after an exploit drained about $1.3 million from five legacy Solana liquidity pools. On-chain investigator Specter said the attacker used a fake mint address to…
Kalshi has added Solana perpetual futures to its regulated crypto derivatives lineup, while several other altcoin contracts, including Dogecoin and Shiba Inu, remain under regulatory review. Summary Kalshi has launched Solana perpetual futures, expanding its CFTC-regulated American Perpetuals lineup. DOGE, SHIB, XLM, and HBAR perpetual contracts are still awaiting final approval before launch. The rollout…
Pudgy Penguins traded near $0.0067585 on June 11, gaining 1.22% over 24 hours, according to crypto.news market data. Summary PENGU trades near $0.00675, close to the $0.00602 support that anchors its current range. Open interest rose 6.71% to $61.76m as derivatives volume climbed 37.63% to $139.91m during trading. Vibes TCG Season 3 adds fresh brand…
Solana price has failed to build momentum after rebounding from last week’s lows, with technical and on-chain signals pointing to lingering downside risks. Summary Solana’s rebound has stalled below $67 after a steep early June selloff. Whale transfers, token unlocks, and lower staking levels continue to weigh on sentiment. A bearish flag pattern suggests SOL…
Backpack Securities and Sunrise have introduced SPCX, a token tied to underlying SpaceX shares and issued on Solana. Summary SPCX gives eligible users blockchain-based exposure to underlying SpaceX shares. Investors can convert SPCX tokens into actual shares through regulated brokers. Solana enables 24/7 trading, transfers, and self-custody of SPCX tokens. The launch creates a blockchain-based…
Solana price has rebounded more than 10% from its June low after a 36% correction from its May peak, with a giant falling wedge now putting the January high back on traders’ radar. Summary Solana price has stabilized above key support after a steep correction erased roughly one-third of its value in less than two…
Ethena Labs has planned a $250 million allocation to Securitize’s tokenized AAA-rated CLO fund as the product expands to Solana. Summary Securitize has expanded its tokenized AAA rated CLO fund to Solana, with Ethena Labs planning a $250 million allocation. The fund invests in U.S. dollar denominated AAA rated CLO tranches and is supported by…
Exodus Movement has partnered with Ondo Finance to launch trading for more than 200 tokenized stocks, ETFs, and real-world assets through its wallet app. Summary Exodus has partnered with Ondo Finance to offer trading in more than 200 tokenized stocks, ETFs, and real world assets through its wallet app. Users in supported markets can buy…
