Solana's ETFs experienced their first decline since their launch, with a notable outflow of $8. 10 million on a recent Wednesday. This marks the end of a 21-day streak of continuous inflows. Despite this setback, Solana's price has shown resilience, trading around $141, up approximately 3. 6% in the last 24 hours. The outflow was primarily due to a significant redem...
In a surprising twist, Solana (SOL) and XRP (XRP) exchange-traded funds (ETFs) are attracting investors, even as Bitcoin (BTC) and Ethereum (ETH) ETFs face significant outflows. This shift suggests a growing interest in alternative cryptocurrencies. The new Solana and XRP ETFs have not seen a single day of outflows since their launch, according to data from SoSoValu...
Iggy Azalea is making waves in the cryptocurrency world again, but this time, it's not just about creating a meme coin. She's stepping into a bigger role as the creative director and strategic partner for Thrust, a platform that aims to change how celebrity tokens work on the Solana blockchain. Thrust is not your typical crypto project. It's designed to create what ...
Chill House, a meme coin on the Solana blockchain, has been causing quite a stir. It all started when the coin's X account decided to pick a fight with Ethereum co-founder Vitalik Buterin and other big names in the crypto world. The insults were bold, to say the least, with messages like "Fuck you and fuck the Ethereum Foundation. " This tweet got over 100, 000 views...
The crypto world is buzzing with news about new exchange-traded funds (ETFs) for Solana, Litecoin, and Hedera. These ETFs are set to debut on US exchanges, making it easier for investors to get involved in these digital assets without holding the coins directly. The approval process for these ETFs has been a bit slow due to the recent government shutdown, but the Se...
The crypto world saw a mix of excitement and disappointment with the launch of new spot exchange-traded funds (ETFs) for Solana, Litecoin, and Hedera. Despite the hype, the prices of these cryptocurrencies didn't shoot up as expected. Solana, often called SOL, is the sixth biggest crypto by value. It dropped by over 3% in a day, even though more people were trading ...
Bitwise, a major player in the crypto world, just launched a new investment product called BSOL. This is the first exchange-traded product (ETP) in the U. S. that focuses entirely on Solana (SOL) and includes staking. Staking means helping to secure the Solana network and earning rewards in return. Bitwise plans to stake all of the SOL held by the fund using Helius, ...
Solana's price has been feeling the heat lately, dropping below $200 and hovering just under its 100-day moving average. It's been a rough ride since it hit a high of around $255 a few weeks ago. Traders are keeping an eye on key Fibonacci levels, with $174 and $155 being major points of interest for potential rebounds. If things keep going south, $130 could be the n...
A company known for owning football teams has made a bold switch to the world of crypto. Solmate Infrastructure, once called Brera Holdings, is now focusing on the Solana ecosystem. They've set up their first validator in a data center in the United Arab Emirates and plan to buy more Solana-based projects. This move has caught the attention of investors. On October ...
Big investors are quietly putting their money into Solana. Ken Griffin, the head honcho at Citadel, recently scooped up a significant number of shares in DeFi Development Corp. This company is a major player in the Solana ecosystem. Griffin's investment is substantial, with over 1. 3 million shares under his belt. And he's not alone. Citadel Advisors and other partne...