Solana price is regaining momentum as renewed buying interest and steady institutional activity lift sentiment across the network. Summary Solana has reclaimed the key $200 level amid renewed buying interest and profit-taking, with prices climbing over 5% in the last 24 hours. Institutional inflows, including growing assets in the REX-Osprey Solana + Staking ETF and…
Solana price is holding steady above $190 amid fresh attention from institutions and regulators globally. Summary Solmate Infrastructure shares soared 50% after announcing an aggressive M&A plan Fidelity added SOL to its trading suite for U.S. investors, both retail and institutional Hong Kong approved its first spot Solana ETF by ChinaAMC Despite strong institutional signals,…
Fidelity Investments, the $5.8 trillion asset manager, has expanded its Solana offering with support for custody and trading. Summary Fidelity Investments has added Solana to list of supported cryptocurrencies. Clients can now access trading and custody via brokerage accounts. The $5.8 trillion asset manager already supports Bitcoin, Ethereum and Litecoin. The asset manager quietly added…
Solana Company, trading under HSDT on Nasdaq, will tap Helius and Twinstake for SOL staking services. Summary Solana Company (HSDT) has announced upgrading its staking stack The treasury firm will partner with Helius and Twinstake to boost its earnings It will stake its SOL directly from its custody at the Anchorage Digital Bank SOL treasury…
SOL price is showing signs of weakness as the stablecoin supply on the network keeps declining. Summary Solana price is down 21% from its monthly high. Stablecoin supply on the network has dropped over the past 7 days. Technical indicators are largely bearish, and a bearish crossover has formed on the daily chart. According to…
Mercer Park Opportunities Corp. is acquiring crypto platform Cube Group, in a merger deal set to create a $500 million Solana treasury company. Summary Mercer Park and Cube are eyeing a SPAC deal that values Cube Group at $300 million. The transaction will create a new company expected to buy $500 million Solana tokens for…
The Hong Kong arm of Standard Chartered is gearing up to offer a digital asset trading service next month, just as the first Solana ETF goes live in the region. Summary Standard Chartered Hong Kong will launch a virtual asset ETF trading service in November. A recent survey revealed that 75% of affluent clients are…
Meteora’s MET token debuts on October 23, with nearly 48% of its 1 billion supply entering circulation. What will its FDV be? Summary Meteora is distributing 480 million MET tokens (48% of supply) via an airdrop to users and partners. The Solana-based DEX commands 26% of network trading volume and generates around $3.9 million in daily…
Solana DEX aggregator Jupiter announces the launch of a beta version of its new prediction market supported by Kalshi. The first test market involves the Mexico Grand Prix. Summary Jupiter has introduced the beta version of its first-ever Prediction Market, allowing users to place bets on the outcome of the upcoming Mexico Grand Prix. While…
Co-CEO of Solflare, Filip Dragoslavic, explains why DeFi is increasingly becoming competitive with tradFi and CEXs. Summary Filip Dragoslavic of Solflare explains the key trends in DeFi The share of DEX trading volume has grown from 1% to 25% since 2022 Solana has more than doubled its DeFi TVL, with even stronger performance in volumes…
