Solana gained nearly 10% in the past 24 hours as upbeat sentiment drove cryptocurrencies higher—and as the altcoin’s futures volume on derivatives marketplace the Chicago Mercantile Exchange (CME) rose to a new all-time high. Per data shared by on-chain and financial metrics platform Glassnode, Solana (SOL) CME Futures volume has hit 1.75 million contracts. The…
DeFi Development Corp. is bringing its Nasdaq-listed stock onchain, becoming the first U.S. public company to tokenize equity under a crypto treasury strategy. The announcement was made in a June 24 press release, detailing a partnership with Kraken and blockchain tokenization firm Backed. The Nasdaq-listed firm, which trades under the ticker DFDV, will become the…
Fiserv, a Fortune 500 company listed on the New York Stock Exchange, plans to launch a bank-friendly stablecoin that it says will go live on Solana in the coming months. In an announcement, Fiserv said the stablecoin will leverage the technology of Paxos and Circle, issuer of USDC (USDC). FIUSD, the new U.S. dollar backed…
Solana announced that it has recently signed a Memorandum of Understanding with the Kazakhstan government to advance the region’s crypto industry through education and boosting startups. In a recent post, the blockchain announced that the President of the Foundation, Lily Liu, just signed a Memorandum of Understanding with the Kazakhstan Ministry of Digital Development, Innovations…
The price of Solana plunged, underscoring deeper turmoil in its ecosystem, as weakness in meme coin markets, DeFi activity, and stablecoin transactions converge to pressure the once high-flying blockchain. With SOL shedding over a quarter of its value since May and its broader network indicators sharply deteriorating, the sell-off highlights how speculative mania around meme…
Solana’s network continues to attract strong engagement, with more than $1 billion in app revenue. Solana (SOL)continues to see strong user engagement. On Friday, the Solana Foundation published its Solana Network Health Report, showcasing its performance in Q2 of 2025. Notably, the app revenue on the network exceeded $1 billion for the second quarter in…
Wyoming’s Stable Token Commission has placed Aptos and Solana at the forefront of its stablecoin initiative. One blockchain failed to meet requirements, sharpening focus on the two finalists. After narrowing down an initial list of 11 candidates in April, Wyoming’s Stable Token Commission has now identified Solana (SOL) and Aptos (APT) as the top two…
Memecoin launchpad Pump.fun has once again postponed its token auction, amid legal troubles and a social media ban. Solana-based (SOL) memecoin launchpad is once again facing issues. On Friday, reports emerged that Pump.fun would postpone its public token sale yet again. Originally scheduled for June 25, the platform had planned to raise $1 billion at…
Canadian Solana Treasury firm, SOL Strategies, has submitted an application to the U.S. SEC in hopes of gaining permission to trade on the Nasdaq exchange under the ticker STKE. According to the recently filed official document, SOL (SOL) Strategies intends to trade Common Shares without par value under the the trading symbol “STKE” on the…
The U.S. Securities and Exchange Commission has officially delayed decisions on two additional ETFs, adding them to a growing list of applications now facing extended timelines. According to separate filings published on Tuesday, June 17, the SEC is initiating formal proceedings to determine whether to approve or deny Franklin Templeton’s proposed XRP (XRP) and Solana…
