The Solana network’s economic activity contracted for the second consecutive quarter. Solana witnessed a notable economic slowdown as its active addresses took a plunge of 30% and operational efficiency collapsed by over 40% in the third quarter of the year. But data suggest that the network’s stablecoin activity came to the rescue. Solana’s Network…
Hong Kong investors will soon access Solana via ChinaAMC’s first spot ETF, which joins the company’s existing Bitcoin and Ethereum ETFs. Hong Kong’s financial regulator has granted approval for ChinaAMC’s spot Solana (SOL) exchange-traded fund (ETF), setting the stage for its debut next Monday. The Securities and Futures Commission (SFC) confirmed on its website…
Despite Solana’s record-breaking February, Ethereum still leads in cumulative stablecoin transaction volume at around $52 trillion. The Solana blockchain processed about $650 billion in stablecoin transactions in February 2026, setting a new monthly record, according to The Kobeissi Letter. That spike placed stablecoin activity far above traditional benchmarks, with monthly volumes now approaching $2…
The Solana Foundation and its affiliates, such as Monke Foundry, distribute tens of millions in grants each year. This week, a public debate about support for builders on Solana spilled into full view, with Vibhu Norby, the Solana Foundation’s chief product officer, posting a detailed rebuttal, where they cited $650 million raised by alumni…
Vitalik Buterin and Anatoly Yakovenko debate whether Ethereum’s Layer-2 networks truly ensure security and decentralization. A public exchange between Ethereum co-founder Vitalik Buterin and Solana co-founder Anatoly Yakovenko has gotten attention in the X crypto community. The debate centered on the level of security that Ethereum’s Layer 2 (L2) networks offer. Security and Centralization…
The issuers used an automatic SEC rule to launch the ETFs despite parts of the U.S. government being shut down. The U.S. market is about to welcome its first spot exchange-traded funds (ETFs) for Solana (SOL), Litecoin (LTC), and Hedera (HBAR). The funds, issued by Bitwise, Canary Capital, and Grayscale, are set to start…
HBAR and LTC ETFs launched alongside BSOL, but with far smaller day-one volumes, $8M and $1M, respectively. The new Bitwise Solana Staking ETF (BSOL) shocked the markets on Tuesday, recording $56 million in trading volume on its first day. This milestone makes it the best ETF launch of 2025, not just in crypto but…
Bitcoin dominated weekly activity while Ethereum snapped its streak. Digital asset investment products posted $230 million in net additions last week, in a slowdown relative to recent trends. Although concerns around the Iran conflict have affected sentiment, CoinShares stated that the reaction to the US Federal Reserve’s Wednesday meeting and its “hawkish pause” signal…
Lookonchain data shows whales rapidly reshuffling trades amid heightened volatility across BTC, ETH, and SOL. This week, the crypto market saw more selling pressure as Bitcoin (BTC) fell below $115,000, causing a tug-of-war between bullish and bearish traders on Hyperliquid. Lookonchain’s new whale data shows that top traders are changing their positions in what…
Fed hawkishness froze the market, leading to institutions dumping Bitcoin last week, yet Solana funds ballooned. Digital asset investment products recorded outflows of $360 million last week despite the market recently digesting yet another US interest rate cut. The selling pressure wasn’t driven by the rate cut itself, but by how investors read Fed…
