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Solana News
Bitcoinsensus
4d
4
Image Credit: Bitcoinsensus
Solana Price Prediction: Major Move Incoming?
- Solana reacted to a major supply zone, hitting the H1 supply level and giving a rejection.
- Key support and resistance zones are identified for the next big move in SOL price.
- Watch for potential short move if the price breaks below a key low and retracement to the supply that caused the structure shift before another possible drop.
- Stay patient, wait for confirmation before making any moves in SOL trading.
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TheNewsCrypto
4d
162
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Solana (SOL) Gains Momentum, Is Crucial Resistance at $150 Within Sight?
- Solana (SOL) has gained 3.23% and reached $144 with a market cap of $73.88 billion.
- Solana has experienced $11.74 million in liquidations in the last 24 hours.
- The altcoin is aiming to break its crucial resistance level at $147.37 and might target $150.
- Technical indicators, including MACD and RSI, suggest bullish momentum for SOL.
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Zycrypto
4d
122
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Bitwise Makes Bullish Prediction for Solana ETFs, Expected to Receive Approval in the Near Term
- Solana-based ETFs are expected to receive approval in the near term, with Bitwise and VanEck as potential front runners.
- Anatoly Yakovenko and Kyle Samani expressed optimism about the future of Solana and the performance of its ETF.
- Bitwise and VanEck, with substantial assets under management, see potential in the Solana ETF.
- JP Morgan and Standard Chartered analysts suggest that Solana offers a superior user experience compared to Ethereum.
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Crypto-News-Flash
4d
105
Image Credit: Crypto-News-Flash
Memecoins Decline, Yet Solana Still ‘100x Better’ Despite Plunging Revenue
- Solana's memecoin market has collapsed, with daily decentralized exchange volume dropping significantly.
- Despite a 93% drop in revenue, Solana remains 100x stronger and is focused on supporting meaningful projects in the face of regulatory shifts.
- Solana's daily decentralized exchange volume has declined from $35.9 billion to $979.5 million.
- However, the infrastructure built during the memecoin frenzy has strengthened Solana, positioning it well for the future.
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Cryptoticker
5d
212
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BlackRock NEWS: BUIDL Fund Live on Solana and Bitcoin ETP Launch in Europe
- BlackRock has expanded its tokenized money market fund BUIDL to the Solana blockchain, boosting institutional confidence in blockchain infrastructure.
- BlackRock has also launched a physical Bitcoin ETP for European markets, providing traditional investors with regulated access to Bitcoin.
- The expansion of BlackRock's BUIDL fund to Solana validates the blockchain's integration of real-world assets and its potential for institutional finance.
- The Solana price surged following these developments, as it became a go-to chain for tokenized financial products and garnered broader exposure to institutional capital.
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Cryptonews
5d
16
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BlackRock’s Crypto Fund BUIDL Reaches $1.7B, Welcomes Solana to its Growing Portfolio
- BlackRock's USD Institutional Digital Fund (BUIDL) will expand to Solana.
- BUIDL has reached $1.7B in cash and treasury bill holdings and is projected to reach $2B in early April.
- The expansion into Solana signifies growing interest in blockchain technology by large traditional finance entities.
- BUIDL now offers investors the option to 'park' their funds in seven different blockchains, including Solana.
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TronWeekly
5d
228
Image Credit: TronWeekly
BlackRock’s BUIDL Expands to Solana as Market Cap Nears $2B
- BlackRock's tokenized money market fund, BUIDL, expands to Solana blockchain as market cap reaches $1.7B and aims to hit $2B.
- Integration with Solana blockchain enhances accessibility and expands investor reach for BUIDL.
- BUIDL is a leading tokenized U.S Treasury product with 34% market share and has seen 240% increase in market cap since 2024.
- BlackRock aims to transform traditional finance through blockchain technology and manages $11.6 trillion client assets, establishing a strong presence in the digital asset market.
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Cryptopotato
5d
208
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PumpSwap Hits $426M Milestone, But Raydium Remains Solana’s Top DEX
- PumpSwap, a decentralized exchange (DEX) on Solana, has achieved a record-breaking daily volume of $426 million and has gathered 243,000 users.
- Despite its success, PumpSwap's market share of 14.5% remains significantly lower than Raydium's dominant 46.1%.
- PumpSwap experienced exponential growth, with trading volume increasing 30,000x in just 10 days, and user adoption skyrocketing.
- Raydium, Solana's leading DEX, has announced plans to compete with PumpSwap by developing a meme coin launcher, LaunchLab.
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Bitcoinist
5d
274
Image Credit: Bitcoinist
Solana Co-Founder Challenges Layer 2s—Are They Even Needed?
- The co-founder of Solana network, Anatoly Yakovenko, challenges the need for Layer-2 cryptocurrencies, calling them unnecessary and redundant.
- Yakovenko argues that Layer-1 solutions, like Solana, are already efficient, cheap, and secure scaling solutions, making Layer-2 tokens redundant.
- He claims that Layer-1 solutions are not hindered by slow data availability or compromised security, unlike Layer-2s.
- However, some crypto investors disagree, stating that Layer-2 solutions are necessary for scalability and can offer additional benefits.
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Livebitcoinnews
5d
249
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Fidelity Files for Solana ETF: A $5.9 Trillion Titan Embraces Crypto
- Fidelity Investments, with $5.9 trillion under management, has filed for a spot Solana ETF listing on the Chicago Board Options Exchange (CBOE).
- The Solana ETF would provide investors direct exposure to Solana without the complexities of self-custody, making it more accessible for institutional and retail investors.
- Solana's growing popularity, with its high-speed and low-cost transactions, has positioned it as a contender within the smart contract space.
- The filing of Solana ETF by Fidelity signals increasing institutional adoption of altcoins and could pave the way for more diversified crypto investment products.
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TronWeekly
5d
139
Image Credit: TronWeekly
BONK Continues to Outperform SOL and Leading Memecoins
- BONK continues to outperform other memecoins, including SOL, even during market downturns.
- It acts as a leveraged bet on Solana's growth without the risk of liquidation.
- Institutional interest and an upcoming ETF decision are potential price catalysts.
- BonkBot's buy and burn mechanism supports long-term price stability.
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Crypto-News-Flash
5d
204
Image Credit: Crypto-News-Flash
Ethereum vs. Solana: Arthur Hayes Expects ETH to $5K Before SOL Hits $300
- Arthur Hayes predicts Ethereum (ETH) to reach $5000 and Solana (SOL) to hit $300 in the short term.
- SOL is expected to surge by 2,900% and reach $3,800 after forming a cup-and-handle pattern.
- ETH is currently holding above $2,000 after a 0.6% decline in the last 24 hours.
- Solana has surpassed 11.09 million active accounts, driving short-term price expectations to $200.
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TheNewsCrypto
5d
233
Image Credit: TheNewsCrypto
This Presale Star Unexpectedly Steals the Spotlight From the Recent Ripple and Solana Price Pumps Thanks to a Guaranteed 100% Return
- The presale star, DTX Exchange (DTX), is stealing the spotlight from Ripple and Solana with a guaranteed 100% return.
- Early buyers of DTX have already gained an 800% return, and it is expected to see further 100% growth after a Tier-1 CEX lists it.
- DTX Exchange offers a hybrid trading platform with access to a wide range of asset classes and high leverage, attracting over 700K registered users.
- Despite the price predictions for Ripple and Solana, investors are considering DTX as the cryptocurrency with the highest growth potential.
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Crypto-News-Flash
5d
221
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Polymarket Integrates Solana—Users Can Now Deposit with SOL
- Polymarket has integrated with Solana, allowing users to deposit funds using SOL, the sixth-largest cryptocurrency.
- The integration reduces transaction costs and makes the platform more accessible, as Solana can process 65,000 transactions per second at a fraction of the traditional costs.
- Polymarket is a prediction market platform that has seen significant growth, with 450,000 monthly active users and over $11.4 billion in trading volumes in the past year.
- The integration comes at a time of growing optimism around the potential approval of Solana-based Exchange-Traded Funds (ETFs) and has resulted in a surge in Solana's price and trading volume.
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Bitcoinsensus
5d
353
Image Credit: Bitcoinsensus
Polymarket Expands to Solana and Accepts SOL Deposits
- Polymarket expands to Solana and accepts SOL deposits starting today.
- This should add another entry point for users and present faster and cheaper transactions.
- SOL deposits on Polymarket will result in faster and more profitable betting due to Solana's speed and cheapness of transactions.
- This integration will likely attract more users to Polymarket and provide cheaper and faster transactions on SOL deposits.
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