Solana’s DeFi ecosystem has seen explosive growth, nearing all-time high levels, but SOL continues to lag behind. Summary Solana’s DeFi TVL is at $11.725 billion, nearing its all-time high in January Despite that, SOL price is lagging behind, far from the January ATH DeFi metrics suggest that SOL may continue to lag behind its DeFi…
Research-driven crypto firm Delphi Digital and institutional staking platform Chorus One have teamed up to launch a new institutional-grade validator on Solana. Summary Delphi Digital and Chorus One have joined the Solana validator list. The platforms have partnered to launch an institutional-grade validator to support Solana security and decentralization. Validators earn rewards from protocol rewards,…
Jupiter has announced the launch of the public beta of its decentralized, non-custodial platform Jupiter Lend, bringing an advanced aggregated onchain layer to the Solana ecosystem. Summary Jupiter Lend is now live to bring the most advanced money market system to Solana. Lend launches in public beta after stress testing, audits and feedback. The platform…
Solayer officially launches the first purpose-built interoperability solution exclusively for chains built on the Solana Virtual Machine. sBridge’s initial launch is backed by support from SOON and Sonic. Understanding Solayer sBridge SVM Interoperability Solayer represents a pioneering force in blockchain interoperability, specifically targeting the Solana Virtual Machine (SVM) ecosystem. The company has built its reputation…
Following weeks of significant increases, Solana is currently trading between $202 and $203, reversing recent highs. The market is divided on whether the slowdown in the surge marks the beginning of a reversal or healthy consolidation. Traders are keeping a careful eye on the coin to see if it can sustain support as momentum signs…
Institutional interest continues to grow as more heavyweights look to launch corporate reserves via a Solana treasury. Summary Pantera Capital is reportedly planning to raise up to $1.25 billion to convert a Nasdaq-listed company into a Solana-focused treasury firm. Other firms are pursuing similar initiatives, with corporate SOL holdings now totaling approximately $700 million. SOL…
Access Protocol’s ACX token surged after unveiling Creator Coins on Solana, a new monetization model for digital creators. Summary Access Protocol launched Creator Coins on Solana, powered by Proof of Audience and Raydium Launchlab. ACX surged over 100% intraday, with volume spiking 10,909%. Creator Coins reward early supporters and provide creators with sustainable revenue models. Creator Coins operate like…
Sharps Technology, once a medical device and pharmaceutical firm, pivots to become a Solana treasury firm. Summary Sharps Technology announced a PIPE deal to buy $400M in Solana A list of major institutions is backing the Sharps Technology deal Firm lauds Solana’s staking yields and strong DeFi ecosystem Solana (SOL) continues to get attention among…
Galaxy, Jump and Multicoin have joined forces to raise up to $1 billion worth of Solana tokens. This bid puts the three crypto giants in a race towards building one of the largest SOL treasuries. Summary Galaxy, Jump and Multicoin plan to raise $1 billion to establish a joint Solana treasury. Many other companies that…
The hacker behind a recent Coinbase breach has surfaced with a 38,126 Solana purchase worth approximately $7.9 million, made with funds stolen from the exchange’s customers. According to blockchain analyst Ember CN, the hacker converted 7.957 million DAI to USDC, then bridged these funds to the Solana network to purchase Solana (SOL) at an average…
