Solana and select altcoins appear to have completely ignored the carnage. Digital asset funds experienced another difficult week as investors withdrew $1.17 billion. This was the second week in a row of steep outflows. Confidence remains fragile after the October 10th liquidity shock, and macro uncertainty over the Fed’s December policy decision continues to…
Zora and Farcaster have boosted Base’s token creation, pushing daily launches above Solana’s. Coinbase-incubated Layer 2 network, Base, has outpaced Solana in daily token launches over the past two weeks. Zora and Farcaster have significantly boosted Base token creation, pushing its daily launches above that of Solana’s. Token Launch Frenzy The data shared by…
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…
Four companies now hold over $591 million in Solana as institutional demand soars. Four publicly traded companies – Upexi, Inc., DeFi Developments Corp (DeFi Dev.), SOL Strategies, and Torrent Capital – are now among the largest institutional holders of Solana (SOL). These entities collectively control more than 3.5 million SOL tokens worth over $591.1…
Weekly token unlock wave to add $653 million in new supply, including big moves for Fasttoken, Aptos, Solana, and Dogecoin. About $653 million worth of crypto tokens are set to be released into circulation this week. Investors will be keeping an eye out for potential price swings for several major assets, with data from…
Bitcoin rebounded with $260 million inflows after two weeks of outflows. Investment products tied to digital assets registered $572 million in inflows last week, and reversed the early-week trend. Outflows reached $1 billion in the initial days, likely due to concerns over slowing growth following poor US payroll figures. The tide turned in the…
Mumtaz noted Solana’s design could theoretically handle 80,000-100,000 TPS for real operations like token transfers and oracle updates. In a milestone for the blockchain, Solana briefly surpassed 100,000 transactions per second (TPS) on its mainnet over the weekend. A block processed late Sunday recorded 43,016 successful transactions and 50 failures, giving a peak TPS…
Spot crypto ETF approvals could surge in coming months, with XRP, SOL, and LTC products among the likely candidates. An ETF expert has predicted an imminent surge in spot crypto exchange-traded funds (ETFs) approvals over the next two months. This comes as the regulatory landscape for these investment products solidifies. Crypto ETF Floodgates In…
Bitcoin led profit-taking with $1.5B realized in July, its largest event since December 2024, according to Glassnode. A significant wave of profit-taking has swept through cryptocurrency markets, with long-term investors capitalizing on recent all-time highs. Fresh on-chain data reveals that holders of major assets have collectively sold off approximately $2.8 billion in gains, contributing…
The launch was paired with announcements of Ye Pay, a payment processor, and the YZY Card, a debit solution. Rapper Kanye West, now legally known as Ye, has officially stepped into crypto. On Wednesday, the business mogul launched YZY, a Solana-based meme coin that briefly touched a $3 billion market cap within hours of its…
