While Solana loses the crucial $150 support level and trades at $145, several smaller altcoins continue to surge, with Everybody (HOLD) and AB posting double-digit gains despite the broader market pullback. Everybody has jumped 35.4% in the last 24 hours, trading at $0.001272 from a low of $0.0008704. The token’s recent surge continues an impressive…
Solana whales shuffle over $323 million in SOL between unknown wallets — a stealth bull case beneath surface retail panic as spot price tumbles on Israel’s airstrikes against Iran. Solana’s (SOL) price witnessed a sharp decline on Friday, June 13, as news of Israeli airstrikes on Iranian military assets spooked markets across the board. The…
Invesco and Galaxy Digital have registered a trust in Delaware for a proposed Solana exchange-traded fund, marking one of the introductory steps toward launching a spot Solana exchange-traded fund in the United States. The registration, listed as “Invesco Galaxy Solana Trust,” does not guarantee a listing or approval but allows the firms to move forward…
The cryptocurrency market plunged on Friday, June 13, as rising geopolitical tensions in the Middle East rattled investors. Following news that Israel had launched a major military operation against Iran, digital assets tumbled sharply. The total crypto market capitalization dropped 7% over the past 24 hours to $3.3 trillion. Bitcoin (BTC) declined around 5%, trading…
DeFi Development Corp. has withdrawn its planned $1 billion securities offering after the U.S. Securities and Exchange Commission deemed the company ineligible to file under Form S-3. The company confirmed the withdrawal in a June 11 letter to the SEC, citing the absence of a required internal controls report in its most recent 10-K filing….
Crypto prices may be ripe for a strong bullish breakout after trade tensions between the U.S. and China eased and after U.S. consumer inflation rose less than expected in May. A trade truce between the two biggest economies will lower tensions and possibly attract investors back to risky assets. At the same time, the U.S….
Global credit rating agency Moody’s is testing a system to rate municipal bonds directly on the Solana blockchain. One of the “big three” global credit rating agencies has entered the blockchain space. On Wednesday, June 11, Moody’s began testing the issuance of credit scores directly on the Solana (SOL) blockchain. These credit ratings will be…
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…
