A report by RedStone highlights how Solana is becoming the backbone of the blockchain infrastructure for capital markets. Summary Solana holds $700 million in RWAs and $13.5 billion including stablecoins Network performance is a key driver of Solana’s growing dominance in the sector BlackRock, Apollo Global, Janus Henderson, and VanEck are among the big-name adopters…
Solana ETF issuers are updating their proposals as the U.S. crypto market braces for a busy October, with the SEC set to rule on a wave of altcoin ETF applications. Summary Solana ETF proposals gain traction as 21Shares updates S-1 filing, revising fund structure and operational details. Other issuers, including Franklin, Fidelity, CoinShares, Bitwise, Grayscale,…
Upexi reported a net loss of $13.7 million for fiscal 2025, a number now rendered almost incidental by the staggering $128 million paper profit generated from its cryptocurrency holdings. Summary Upexi posted a $13.7 million net loss for fiscal 2025, but its Solana treasury surged in value. The company now holds over 2 million SOL…
Crypto is racing to Wall Street as Solana and XRP ETFs are widely expected to hit the market as soon as October. Summary Following newly shortened SEC approval timelines, financial firms including Canary Capital and VanEck are updating filings to launch the first altcoin ETFs. The accelerated regulatory process reportedly reduces the review from 270…
Kazakhstan is launching a homegrown stablecoin backed by Solana, Mastercard, and one of the country’s largest banks. Summary The National Bank of Kazakhstan unveiled Evo (KZTE), a tenge-pegged stablecoin issued by local crypto exchange Intebix. Part of the country’s regulatory sandbox, the pilot enlists Eurasian Bank and Mastercard as early partners, marking a significant step…
Helius Medical Technologies has joined an exclusive club. Its acquisition of 760,190 SOL, worth $167 million, places the Pantera-backed firm among the largest public-company holders of the asset, signaling its aggressive shift in treasury strategy. Summary Helius Medical acquired 760,190 SOL worth $167 million, making it one of the largest public holders of the token….
Solana’s stablecoin supply is nearing $13 billion, with the network increasingly dominating stablecoin volumes. Summary Solana is becoming dominant in stablecoins, with supply nearing $13 billion The network processes nearly 50% of all USDC transfers Nicky Scannella from Marinade Labs explains why users are choosing Solana for stablecoins Stablecoins are quickly becoming the backbone of…
PancakeSwap’s cross-chain swap feature not supports Solana. Users can swap tokens across the blockchain directly through the PancakeSwap interface using only one transaction. Summary PancakeSwap expands its cross-chain swap feature to include Solana, adding the blockchain to its range. Users can swap between Solana assets without needing to bridge through other assets or through other…
Solana price has been in a strong bull run since April, when it bottomed at $95, with bulls targeting its all-time high ahead of the upcoming SOL ETF approval deadline. Summary Solana’s blistering 150% rebound in 2025 has bulls eyeing further gains, but the rally is running headfirst into a critical technical test. A rising…
DoubleZero, the blockchain platform for powering communication in high-performance distributed systems, is exploring the launch of its mainnet beta this month. Summary DoubleZero says its exploring the launch of its mainnet beta this month. The milestone will include phase two of its delegated stake program after phase one launched with 3 million staked SOL The…
