Solana-based memecoin launchpad and trading platform Pump.fun’s total SOL deposits to Kraken amount to over $660 million: Is this a massive profit cash out or liquidity play? According to on-chain data, Solana-based memecoin generator Pump.fun quietly moved 132,180 Solana (SOL), worth approximately $20.87 million, to Kraken on June 10, sparking speculation about its established pattern…
The U.S. Securities and Exchange Commission may approve a spot Solana exchange-traded fund within the next few months, according to multiple sources cited by Blockworks. The SEC has reportedly asked prospective Solana (SOL) ETF issuers to submit amended S-1 registration statements by next week. One source suggested an approval could arrive within three to five…
Societe Generale-FORGE plans to launch its new stablecoin, the USD CoinVertible, on both Ethereum and Solana blockchains. Trading for USDCV is scheduled to start in early July 2025. According to a recent press release, SG-FORGE, the integrated subsidiary of Societe Generale Group dedicated to crypto, is preparing to issue its upcoming USD-backed stablecoin on Ethereum…
Total crypto liquidations hit $972.22 million in 24 hours, with Ethereum, XRP, Dogecoin, and Solana among the most impacted Long traders were caught off guard in the largest liquidation event since February, following a public split between U.S. President Donald Trump and a former close ally and supporter Elon Musk. On June 6, a wave…
Lending platform Maple Finance has expanded to the Solana blockchain, introducing its yield-bearing stablecoin syrupUSDC to one of the fastest-growing ecosystems in crypto. The expansion, which was announced in a blog post on June 5, has up to $500,000 in incentives and is backed by $30 million in liquidity. By joining Solana’s (SOL) fast and…
Collaterize has officially launched its RWA launchpad on Solana, opening the door for anyone to tokenize and trade tangible assets like real estate, private equity, and collectibles directly on-chain. Collaterize (COLLAT) has launched its RWA launchpad, allowing anyone to turn real-world assets like real estate, private equity, or collectibles into tradable tokens on Solana (SOL)….
The new Bitget Wallet integration with Solana Pay will target users in Southeast Asia and Latin America. Bitget Wallet is intensifying its efforts to bring crypto payments to millions of people across Southeast Asia and Latin America. On Wednesday, June 4, the wallet integrated with Solana Pay (SOL), enabling instant payments in USDC and Solana…
Pump.fun, the Solana-based memecoin launchpad, is reportedly preparing a $1 billion token sale at a $4 billion valuation. Solana memecoins tumbled on the news though reports are still unconfirmed by the official source. According to a June 3 report by Blockworks, Pump.fun, the memecoin launchpad based on Solana (SOL), is reportedly preparing a token sale…
Solana is consolidating above a high-confluence support zone, suggesting strength for another leg up. Bullish market structure and rising momentum indicators hint at a breakout toward the $240 resistance zone. Solana (SOL) continues to show remarkable resilience in the current market structure, maintaining bullish momentum despite short-term rejections from key resistance levels. The asset has…
Solana’s top meme coin Bonk has officially entered the GameFi arena with the launch of Bonk Arena. Bonk (BONK) announced the official launch on a June 2 post on X. Bonk Arena, a fast-paced, kill-to-earn shooter game, was developed by Bravo Ready, the creators of the Solana-based extraction game BR1: Infinite. Now available on web…
