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Solana News
TronWeekly
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Bitcoin Dominates Digital Asset Inflows with $2.9 Billion: Report
- Bitcoin attracted $2.9 billion in inflows last week, comprising a quarter of total 2024 digital asset investments.
- A total of $3.3 billion flowed into digital assets last week, marking a six-week streak of $10.5 billion in investments.
- Ethereum received $326 million in inflows, the largest amount in 15 weeks, and continued its fifth week of growth.
- Investors are turning to digital assets like Bitcoin due to economic concerns arising from U.S. economic conditions, making the U.S. a major contributor to the influx of $3.2 billion.
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Cryptopotato
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Digital Assets See $3.3B Weekly Inflows Despite XRP’s Historic Reversal
- XRP experienced a historic reversal with outflows of $37.2 million, the highest on record, despite digital assets seeing $3.3 billion in weekly inflows.
- Inflows in digital asset investment products brought the cumulative six-week inflow streak to $10.5 billion, with year-to-date inflows reaching a record-breaking $10.8 billion.
- Investors are diversifying towards digital assets due to US economic uncertainty, Moody's credit downgrade, and surging treasury yields.
- Bitcoin led digital asset inflows with $2.9 billion, while Ethereum, Solana, and Sui also saw significant inflows. XRP faced outflows along with multi-asset products.
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Zycrypto
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The “ETH Killer” Gets MetaMask Boost: Solana Support Could Unlock Millions of New Users
- MetaMask will add support for Solana (SOL) this month, expanding user exposure to assets including plans to onboard Bitcoin and enhance wallet connectivity.
- Solana integration is a significant milestone in MetaMask's roadmap, aiming to increase interoperability between networks beyond Ethereum Virtual Machine (EVM) compatible networks and grow the wallet's user base.
- MetaMask's upcoming support for Solana and Bitcoin is part of its long-term strategy, which includes gas swaps to enable users to pay with the tokens they hold and eliminate gas in most transactions.
- Solana bulls anticipate a price rally with MetaMask integration potentially driving stronger institutional adoption, coinciding with increased accumulation of SOL tokens by institutional investors and prospects of a potential spot SOL ETF pending Securities and Exchange Commission (SEC) approval.
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Newsbtc
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Solana Picture Bigger Than $420: Analyst Predicts 140% Surge To New ATHs
- Market analyst predicts a 140% surge for Solana (SOL) leading to new All-Time Highs (ATHs) by late 2025, with a bold price target of $420 and beyond.
- Chart analysis indicates Solana has completed a rounded bottom pattern signaling a bullish reversal, with a potential parabolic move towards $420 and further, emphasizing resilience amidst pullbacks.
- As long as the $160 support level holds, the trend is expected to accelerate towards higher Fibonacci resistance levels, aiming at around $419.78, representing approximately 140% growth from the current price of around $178.
- Macro catalysts align for massive crypto growth, with changes in macroeconomic factors potentially benefiting the crypto market substantially, making Solana's current price levels an attractive buy zone according to the analyst.
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Crypto-News-Flash
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XRP vs SOL: Which Crypto Will Dominate the Next Bull Run?
- Peter Brandt is considering a $100,000 investment in either XRP or Solana, sparking a debate in the crypto community.
- Brandt, a veteran trader, has been vocal about XRP in the past, but has shifted his stance based on recent performance.
- XRP has broken out of a large symmetrical triangle, showing signs of a continued upward trend, while Solana is forming a bullish 'Cup and Handle' pattern.
- Both XRP and Solana are gaining traction with futures and ETF filings in the US, with analysts predicting a potential edge for XRP in ETF readiness.
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Cryptopotato
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Ripple (XRP) or Solana (SOL)? Veteran Trader Wonders Which Offers Greater Investment Potential
- Veteran trader Peter Brandt sparked a debate by asking his Twitter followers whether they would invest $100K in XRP or SOL.
- Supporters of SOL pointed out its meme coin ecosystem, while XRP enthusiasts highlighted ETF hopes and Ripple's acquisitions.
- Both XRP and SOL have potential ETF filings, with SOL ETFs having higher approval chances according to Polymarket.
- Ripple recently made significant acquisitions which could drive speculation, while Brandt's past views on XRP have been mixed.
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Crypto-News-Flash
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Crypto Predictions: ETH, XRP, BNB & SOL – Who Wins the 2025 Bull Market?
- Ethereum (ETH), Solana (SOL), Binance Coin (BNB), and XRP are predicted to be successful in the upcoming bull market.
- Solana (SOL) is expected to break key resistance levels and potentially reach $2000 or more.
- The altcoin market is showing positive signs as the Altcoin Index rises to 29/100 and the total market valuation increases by 1.4% to $3.4 trillion.
- Analysts suggest that Ethereum (ETH), XRP, Binance Coin (BNB), and SOL could dominate the headlines in the upcoming bull market with potential price gains.
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Cryptonews
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Solana Rising: Scaramucci Declares Blockchain the Future Backbone of Global Finance
- Anthony Scaramucci of SkyBridge Capital sees Solana as the potential backbone of global finance, aiming to reduce the annual US$7 trillion transaction verification costs through its efficient network.
- Despite network outage issues, Solana is progressing with Anza introducing Alpenglow, a new consensus protocol for high-performance proof-of-stake blockchains.
- Scaramucci envisions Solana facilitating the on-chain existence of real-world assets like stocks and bonds, allowing universal access to investment opportunities while bypassing traditional banks.
- Scaramucci commends the Trump administration, particularly David Sacks and Paul Atkins, for fostering a bipartisan approach to crypto regulation, emphasizing the importance of non-partisan regulatory frameworks.
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Crypto-News-Flash
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Solana Debuts Open Attestation Service to Simplify User Identity and Compliance
- Solana Attestation Service (SAS) has been launched on the Solana mainnet by Solana Identity Group and the Solana Foundation to enable compliance, access control, and reputation systems in the ecosystem.
- SAS provides a neutral and permissionless attestation layer, allowing for better user experience and programmable identity across Solana. This move aims to streamline compliance and reduce operational overhead within the growing capital market on Solana.
- The deployment of SAS is significant as it offers secure, composable, and private features for various blockchain use cases, including Gaming, DeFi, Financial Services, and more. It eliminates the need for centralized gatekeepers and provides portable credentials for users.
- Several projects, such as Solid, Solana ID, Trusta Labs, Civic, and Wecan, have already started building with SAS, marking the interest and adoption of this Solana Identity Group project within the ecosystem.
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TronWeekly
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Solana’s Stunning Comeback From FTX Fallout to Developer Leader
- Solana has rebounded from the FTX fallout to surpass Ethereum in new developer activity, signaling strong ecosystem growth and resilience.
- Cathie Wood of ARK Invest highlights Solana as a disruptive innovation, citing falling costs, rising adoption, and accelerating developer interest.
- Solana is agile and user-focused, driving real-world adoption in payments, gaming, and infrastructure, unlike Ethereum's slower, institutional path.
- Solana is positioned as a center of gravity in the next phase of crypto innovation, with ARK Invest CEO Cathie Wood emphasizing its disruptive potential and growing developer interest.
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Crypto-News-Flash
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Franck Muller Drops 1,111 Watches Tied to Solana Wallets
- Franck Muller has launched a limited edition watch collection linked to Solana wallets via a custom QR code at the 12 o’clock position.
- Only 1,111 watches were produced worldwide, each priced at 20,000 Swiss francs (around $24,300), showcasing a blend of luxury craftsmanship and blockchain-based digital identity.
- The unique feature of the watch includes a customizable QR code directly linked to the owner's Solana wallet, providing a 'phygital' experience that merges real-world status with digital identity.
- The release of the expensive watch raises concerns about security risks amidst the surge in crypto-related crimes, as blockchain technology increasingly integrates into the luxury sector.
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Cryptoticker
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SOL Price Alert: Key Breakout Incoming
- Solana price is currently trading around $174, consolidating below key resistance levels on the hourly chart but showing strength on the daily chart after reclaiming major moving averages.
- The daily chart indicates a potential breakout as SOL price approaches the critical 200-day SMA at $181, with a Fibonacci extension target of $225 if the level is cleared with volume support.
- On the hourly chart, SOL price is stabilizing around $172, forming a strong demand zone, with a potential breakout above $180 signaling bullish momentum for a move towards $195 and possibly $225 based on Fibonacci projections.
- Short-term traders should monitor the $171 support and $181 resistance levels closely to gauge SOL price movement, with a successful break above $181 potentially leading to a rally towards $200 and beyond.
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Bitcoinist
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Solana’s BONK Dominates Buy-Ins From Smart Money, Do They Know Something?
- Solana-based meme coin BONK is experiencing wild fluctuations in the crypto market but is seeing intense buying from smart money investors.
- BONK has attracted over $500,000 in investments from smart money over three days, surpassing other meme coins like POPCAT, WIF, and PENGU.
- Solana meme coins like BONK have outperformed popular tokens like Dogecoin and Shiba Inu in the last month, with significant increases in value.
- The buying streak by smart money investors indicates optimism for a potential rise in BONK's price and solidifies the dominance of Solana meme coins in the market.
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Crypto-News-Flash
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Chainlink’s CCIP to Power Institutional Access to Solana, Says Sergey Nazarov
- Sergey Nazarov announced CCIP is live on Solana for secure data transfers across blockchain networks.
- Chainlink partners with Solana Foundation to support startups with technical resources.
- CCIP provides high security for bridges and enables programmable token transfers.
- Solana gains access to $19 billion in CCIP-enabled token liquidity and interacts with Ethereum and Avalanche.
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