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Solana News
TheNewsCrypto
4w
183
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Issuers Begin Altcoin ETFs Registrations As Per Expert Predictions
- ETF issuers have made registrations for Altcoin ETFs, including Solana, XRP, and Hedera (HBAR).
- The launch of Altcoin ETFs might take time due to legal and regulatory proceedings.
- A DOGE ETF filing can be expected by the end of December.
- Expansion of ETFs could attract more mainstream investors into the crypto sector.
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Bitcoinist
4w
398
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Bitwise Submits Solana ETF Application Amid Optimism For Trump-Era Approval
- Bitwise Investment has submitted an S-1 form application for a Solana ETF to the US SEC.
- Bitwise joins other asset managers in seeking approval for Solana ETF proposals.
- The path to approval for these ETFs remains uncertain under the current SEC leadership.
- Speculation grows about the possible appointment of a new SEC chair with a more pro-crypto stance.
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Crypto-News-Flash
4w
170
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ETH Price Stalls as Ethereum DApp Volumes Hit 38% Monthly Growth
- Ethereum dominates in on-chain activities with $163.7 million in fees in the last 30 days.
- Ethereum recorded an on-chain volume of $149.9 billion, outshining BNB Chain.
- Solana witnessed an on-chain volume growth of 83% and recorded $133.4 million in fees.
- Ethereum's on-chain activities remain positive, but struggles to retest the $3.2k resistance level.
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Crypto-News-Flash
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Holy Gains? Catholic Church-Inspired Meme Coin Luce Delivers Divine Gains
- The Luce meme coin, inspired by the Catholic Church’s Jubilee mascot, has gained massive popularity, soaring in value and trading volume, with early traders reaping significant profits.
- Luce’s inclusion in Bybit’s perpetual contracts and its ByVotes campaign reflect the power of the community in driving the coin’s growth, with the possibility of a spot listing on the platform.
- Luce, a Solana-based meme coin, has risen 13% in the last 24 hours, trading above $0.23 after being listed on Bybit's futures market.
- The rapid growth of Luce, with trading volumes exceeding $100 million in 24 hours, may lead to a spot listing on Bybit's platform through its ByVotes campaign.
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Crypto-News-Flash
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Solana Platforms Hit Record Fees Amid Memecoin Boom
- Solana network activity hits record highs, driven by memecoin trading and the strong performance of platforms like Raydium and Jito.
- Solana's daily income on October 24, 2024, was $3.81 million; total transaction fees reached $7.63 million.
- Raydium, Solana's biggest decentralized exchange (DEX), reached a historic high with transaction costs of $11.79 million on November 17, 2024.
- Solana's low transaction fees and scalability attract projects moving from other blockchains, with memecoin popularity driving the network's growing traction.
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Crypto-News-Flash
1M
187
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Sky Protocol Launches USDS Stablecoin on Solana, Boosting DeFi Ecosystem
- Sky, a decentralized finance (DeFi) lending and borrowing protocol formerly known as Maker, has launched its USDS stablecoin on the Solana blockchain.
- The implementation of USDS on Solana is made possible through Wormhole’s Native Token Transfer, allowing the stablecoin to operate as a natively multichain asset on both Solana and Ethereum.
- Solana's rapid processing speed, low transaction fees, and potential for large-scale adoption have attracted stablecoin issuers like Sky and PayPal’s PYUSD.
- Sky plans to introduce its SkyLink cross-chain bridge for USDS and sUSDS, pending governance approval, and is offering rewards to early adopters and liquidity providers on various DeFi protocols.
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TheNewsCrypto
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Will Solana Break Key Resistance or Fall to Support Levels?
- Solana (SOL) is trading at $235.69, with a market cap of $111.87 billion.
- Immediate resistance for Solana is at $246, with potential targets at $260 and $275.
- Support for Solana is at $231, with the possibility of a further decline to $220.
- The narrowing gap between the 50-day and 200-day moving averages suggests a potential bearish crossover.
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Crypto-News-Flash
1M
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Multi-Chain USDS Powers Ethereum and Solana DeFi
- Sky launches USDS on Solana, enabling seamless Ethereum-Solana interoperability and enhancing DeFi liquidity management.
- Spark Liquidity Layer automates multi-chain USDS liquidity, offering slippage-free swaps and stable borrowing for DeFi users.
- Sky introduces USDS stablecoin on Solana as an SPL token, expanding its stablecoin ecosystem.
- Sky announces liquidity incentive program and utilizes Spark Liquidity Layer for multi-chain USDS and sUSDS management.
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Cryptonews
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Bonk Bounces Back: Top Dog Reclaims Crown and Solana Surges Toward Record High
- Bonk (BONK) surpasses WIF as Solana's largest memecoin with a market cap of US$3.9 billion.
- Bonk's popularity increases due to initiatives like BURNmas and ecosystem projects.
- Solana memecoin market dips by 3.6%, but SOL price approaches all-time high of US$259.
- Total cryptocurrency market capitalization remains above US$3.2 trillion.
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TheNewsCrypto
1M
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Solana Tests Critical Resistance as Futures Open Interest Hits All-Time High
- Solana's futures open interest has reached a record $4.7 billion, indicating significant trader participation in the ongoing rally.
- Technical indicators, such as the overbought RSI, suggest potential near-term volatility.
- Solana is approaching the crucial resistance level at $245 before potentially reaching a new all-time high above $260.
- Despite overbought conditions, Solana's macro momentum remains strong, driven by increasing adoption and positive market sentiment.
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Newsbtc
1M
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Solana Analyst Expects A Retrace Before It Breaks ATH – Targets Revealed
- Solana (SOL) is trading just 6% below its all-time highs, fueled by a remarkable 16% surge from the $212 demand level.
- Top crypto analyst Johnny predicts that Solana may retrace to previous yearly highs before attempting to break its all-time highs.
- Solana is testing a critical supply level around $250, which serves as a key battleground before potentially entering price discovery for new highs.
- Despite the possibility of a retrace, Solana's bullish momentum suggests a surge above its all-time high is within reach.
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Altcoinbuzz
1M
340
Solana DApps Hit Record Fees Amid Memecoin Boom
- Solana-based dapps have been generating impressive fees in recent days, with several setting new revenue and fee records.
- Gemini has launched in France after receiving DASP approval.
- Solana-based protocols, including Raydium and Jito Protocol, have seen significant fee generation, thanks to the memecoin boom.
- Solana has reached its highest-ever weekly real economic value activity, highlighting its growing adoption and use in various sectors.
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20 Likes
TronWeekly
1M
103
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Bitcoin and Solana Dominate Social Media Amid Price Surge
- Solana gains traction on social media as its price surges.
- MicroStrategy purchases $4.6 billion worth of Bitcoin, showing confidence in its future.
- Wallet data reveals changing retail and whale behavior in the crypto market.
- Solana's performance and adoption in DeFi and NFT ecosystems make it a key contender in the crypto space.
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Hackernoon
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Tap Warrior: The Newest Meme-Based Tap-to-Earn Game
- Meme-based and tap-to-earn games have gained popularity by combining internet culture and rewarding gameplay.
- Tap Warrior is a leading meme-based tap-to-earn game on the Solana blockchain.
- Players tap their way to higher scores, earn rewards, and can engage with optional cryptocurrency-related options.
- Tap Warrior offers an accessible, entertaining, and optional crypto-engagement gaming experience.
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Crypto-News-Flash
1M
63
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Solana Welcomes CAT Token: $240K Vault and BONK Collaboration Spark Excitement
- CAT Token is migrating from BNB Chain to Solana, targeting a new trader base and leveraging the blockchain’s explosive memecoin trading activity and low transaction fees.
- The move comes as Solana sees a rise in memecoin trading activity, with CAT Token aiming to take advantage of the rising liquidity and trading volume on the Solana network.
- Solana's protocol fees have hit a record high, with several top protocols based on Solana generating significant fees, showcasing Solana's rising influence in the memecoin markets.
- Other memecoins based on Solana, such as PNUT, have also experienced significant growth and trading activity, contributing to Solana's overall market cap increase.
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