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Solana News
Bitcoinsensus
7d
62
Image Credit: Bitcoinsensus
Grayscale’s $774M Fund Brings XRP and Solana to Wall Street
- The U.S. SEC has approved the conversion of Grayscale’s Digital Large Cap Fund (GLDC) into an ETF, making it the first multi-crypto ETF in the U.S.
- The ETF will include a diversified basket of cryptocurrencies, such as Bitcoin, Ethereum, XRP, Solana, and Cardano, with assets under management totaling $774.8 million.
- Investors will have daily trading access to the ETF, allowing its price to closely align with the value of the underlying assets, which will be adjusted quarterly based on market size and liquidity.
- The Grayscale Digital Large Cap Fund has shown significant performance related to the cryptocurrency market movements, with a current market price per share close to $48 and cumulative returns of over 699% since inception.
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3 Likes
Bitcoinsensus
1w
300
Image Credit: Bitcoinsensus
Solana Price Prediction: Why This Drop Was No Surprise
- Solana reacted to an H4 supply zone as predicted, attracting liquidity and dropping.
- Price may consolidate or drop further towards deeper lows, with potential support at an H2 demand zone around 139.
- Traders who followed recent analysis were likely prepared for the move, while others might have been caught off guard.
- The article emphasizes that trading predictions are scenarios, not certainties, and highlights the unpredictability of Solana's price movements.
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18 Likes
TronWeekly
1w
329
Image Credit: TronWeekly
Solana (SOL) Eyes $165 Target As Wallets Surge Past 11.44 Million
- Solana wallet addresses with over 0.1 SOL surpassed 11.44 million, setting a new record.
- REX's launch of a Solana Staking ETF on July 2 resulted in a 6% price increase and renewed interest in staking-based products.
- Despite recent gains, Solana's decentralized exchange (DEX) activity remains 91% lower than its peak in January.
- Solana's price is currently at $147.51 with a 24-hour volume surge to $5.38 billion; optimism is fueled by the launch of the Solana Staking ETF and potential resistance levels at $160-$165.
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19 Likes
Crypto-News-Flash
1w
409
Image Credit: Crypto-News-Flash
First Bitcoin, Then Ethereum—Could Solana’s “Yield ETF” Trigger the Altcoin Supercycle?
- The first U.S.-based Solana ETF with staking, the REX-Osprey SOL+Staking ETF, is launching on July 2, 2025, under ticker symbol SSK, providing exposure to Solana (SOL) and allowing investors to earn passive income through staking.
- SOL's price surged to $161 following the announcement of the ETF but has since dropped to around $151 as market expectations adjust.
- The SOL ETF is seen as a potential trigger for an altcoin supercycle, with other firms like Invesco, Bitwise, and VanEck also planning to launch their Solana ETFs, indicating broader institutional interest in altcoin funds.
- Concerns exist about the upcoming unlocking of approximately $585 million worth of SOL, which could impact SOL's price and overall market sentiment towards the ETF.
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24 Likes
Livebitcoinnews
1w
279
Image Credit: Livebitcoinnews
Can Solana Hold Above $160 After ETF Rally?
- Solana rallied to $161 after news of the first Solana-based ETF with staking capabilities, but analysts expect a possible pullback due to technical indicators.
- An ETF announcement by REX Shares led to a 7% jump in SOL price, reaching $161, before settling around $157.
- Around $585 million worth of SOL tokens are set to unlock over the next two months, potentially adding selling pressure.
- Technical indicators show a bearish bias for Solana, with descending channel and rising wedge formations suggesting a possible pullback towards $138.75 or lower.
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16 Likes
Blockonomi
1w
355
Image Credit: Blockonomi
This Solana Metric Hits New ATH as SOL Price Tests Key Support
- Solana wallets with 0.1+ SOL reach 11.44M, marking a new user growth peak.
- SOL price tests $148 support zone after retreating from $167 highs.
- RSI nears 48, showing weakening momentum in Solana’s price trend.
- Analysts eye a breakout or breakdown from the current range as volatility narrows.
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21 Likes
Crypto-News-Flash
1w
259
Image Credit: Crypto-News-Flash
PancakeSwap Launches V3 Liquidity Pool on Solana, Brings Ultra-Low Fees
- PancakeSwap launches V3 Liquidity Pool on Solana with ultra-low fees starting at just 0.01% per swap.
- Liquidity providers on Solana can now optimize capital use and earn 84% of total trading fees through PancakeSwap V3.
- The new V3 version on Solana introduces concentrated liquidity and low fees, making transactions smoother for day traders.
- PancakeSwap continues its expansion with multi-chain integrations, aiming to boost liquidity and attract new users.
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15 Likes
Crypto-News-Flash
1w
125
Image Credit: Crypto-News-Flash
Robinhood Rolls Out ETH and SOL Staking In the U.S.
- Robinhood has introduced Ethereum (ETH) and Solana (SOL) staking for U.S. users within its app, eliminating the need for external wallets or complex setups.
- This move is part of Robinhood's strategy to expand crypto and tokenized asset services globally, making it easier for users to generate passive income from crypto.
- In addition to ETH and SOL staking, Robinhood has also launched micro futures products for XRP and Solana, aimed at increasing access to crypto derivatives trading.
- Robinhood has submitted a proposal to the SEC for regulations on real-world tokenized assets and is developing a Layer 2 blockchain to support broader asset tokenization, potentially transforming into a comprehensive digital ecosystem.
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7 Likes
TheNewsCrypto
1w
75
Could Solana (SOL) Break Through to $200 Before July Closes?
- Solana (SOL) is currently trading around $153, with its daily trading volume surging by over 76%.
- The broader cryptocurrency market is experiencing a bearish turn, with the market cap slipping by over 1.21% to $3.29 trillion. SOL has spiked modestly by over 0.93% in the last 24 hours.
- The number of Solana wallet addresses holding at least 0.1 SOL has reached a new all-time high of over 11.44 million, indicating increased user participation and long-term holding.
- The technical indicators suggest a short-term bullish crossover for SOL, with potential resistance at $153.50 and support at $153.20. SOL is in a neutral to mildly bullish zone with further upside possible.
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4 Likes
TheNewsCrypto
1w
230
Got into Solana (SOL) too Late for a 10,000% ROI? Here’s the Best Token to Buy Now in 2025 Before It Soars
- Investors who missed out on Solana's early rise are eyeing Little Pepe ($LILPEPE) as a potential high-growth opportunity in the crypto market's new cycle in 2025.
- Little Pepe is a meme-driven utility token for a Layer 2 blockchain ecosystem, offering speed, low fees, and decentralized features, with its presale ongoing at $0.0012 per token.
- If $LILPEPE were to reach $1 per token, it could yield an 83,233% gain, showcasing substantial potential akin to early successful projects like Solana.
- Little Pepe's strategic features, including a decentralized Layer 2 blockchain, no transaction tax, and strong community appeal, aim to support long-term growth and adoption across meme-centric platforms.
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13 Likes
Cryptonews
1w
322
Solana Advisor Nikita Bier Tapped as X’s New Head of Product
- Nikita Bier, founder of TBH and other apps acquired by Facebook and Discord, is now X’s new head of product, focusing on integrating Grok AI into the platform.
- Bier considers X as the most significant social network, credits it for shaping his career, and hints at potential overlap between social media, AI, and crypto features under Elon Musk's vision.
- Bier's move briefly boosted DOGE on rumors of integration into X's financial ecosystem, but nothing has been confirmed yet.
- Bier's shift from Solana Labs to X is viewed as an alignment of social media, AI, and crypto sectors. Musk hints at possible crypto integrations alongside Grok's rollout.
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19 Likes
Blockonomi
1w
213
Image Credit: Blockonomi
Solana Breaks Bullish Flag Pattern, Eyes $170 Target as Market Momentum Builds
- Solana broke out of a bullish flag pattern, signaling a continuation of its uptrend.
- Key Fibonacci support at $130 held firm, confirming bullish structure.
- Analysts target $170–$180 if the $145 zone holds through retest.
- Volume and price action confirm growing trader interest in SOL’s rally.
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12 Likes
TronWeekly
1w
356
Image Credit: TronWeekly
$2.7B Pours into Crypto: Bitcoin Grabs 83% Despite Mining Pressure
- Digital asset investment products attracted $2.7 billion in the last week, with Bitcoin claiming 83% of the inflows, marking 11 consecutive weeks of positive flows and totalling $16.9 billion year-to-date.
- Bitcoin miners are facing low profitability, but they are refraining from selling, as evidenced by the low Miner's Sell Pressure, despite plunging revenues and a lack of significant increases in selling behavior.
- Ethereum garnered $429 million in weekly inflows, pushing its year-to-date intake to $2.9 billion, showcasing investor confidence in its long-term scalability and ecosystem growth, while Solana experienced less favorable investor demand.
- The market is witnessing a phase of strategic consolidation among miners as Bitcoin miner revenues hit multi-year lows, hash rate volatility remains high, and mining difficulty stays unchanged following a recent drop, suggesting operational adjustments or temporary shutdowns.
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21 Likes
Zycrypto
1w
293
Image Credit: Zycrypto
Groundbreaking Solana ETF To Start Trading In The US As Soon As Wednesday
- A Solana (SOL) exchange-traded fund will start trading in the US on Wednesday, tracking the crypto's price and rewarding holders with staking rewards.
- REX Shares and Osprey Funds announced the upcoming launch of the first-ever Staked Crypto ETF in the US.
- The SEC gave no further comments on the ETF application, signaling readiness for launch.
- Investment firms are eyeing the market's interest in alternative cryptocurrencies like SOL, with a 95% chance of SEC approval by year-end.
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17 Likes
Bitcoinsensus
1w
243
Image Credit: Bitcoinsensus
Solana Price Prediction: Today’s Push and What’s Next
- Solana's price followed the previous forecast accurately, breaking out after trapping shorts at a supply zone.
- Institutions need counterparty liquidity to move, and SOL's recent moves demonstrate this principle of creating illusions to bait traders.
- Solana has reached a higher supply zone, making a short-term pullback or continuation equally likely in the near future.
- The price prediction for Solana includes the possibility of a short-term pullback towards key support levels or a continuation towards higher zones, dependent on liquidity and market dynamics.
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14 Likes
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