SOL

VanEck partners with Kiln to offer institutional investors easy access to Solana staking

November 1, 2024 1 min read

VanEck, a prominent asset management firm, is enhancing its investment approach to Solana by teaming up with Kiln, a platform that specializes in digital asset rewards. This collaboration aims to simplify the staking process for institutional investors, allowing them to enjoy the benefits of Solana staking without the hassle of managing technical details or handling SOL tokens directly. By integrating staking solutions into its investment offerings, such as exchange-traded notes

Altcoins Rallying! Monsta Mash Emerges as a Smart Alternative to Solana and Cardano

October 29, 2024 3 mins read

With noticeable changes, the dynamic terrain of the crypto industry, Cryptid – Monsta Mash ($MASH) has become a unique substitute for major players like Solana and Cardano. Monsta Mash attracts gamers and investors as altcoins gather since it presents a new viewpoint on the direction blockchain technology and cryptocurrency investment will take. Solana Continues to Impress Solana was a decent blockchain platform trading for about $20 last year. It has

Cardano founder applauds Sui’s fast growth and unique approach

October 6, 2024 1 min read

Charles Hoskinson, the founder of Cardano, recently commended the Sui Network for its impressive advancements and innovative contributions to the blockchain industry. He particularly recognized George Danezis, co-founder of Mysten Labs, for his pivotal role in developing Sui, which has the potential to achieve notable success in the sector. Launched in 2023, Sui is a Layer-1 blockchain designed to streamline and improve the development of Web3 applications. It employs the

Taiwan’s financial regulator approves foreign crypto ETFs for professional investors

October 2, 2024 1 min read

Taiwan’s Financial Supervisory Commission (FSC) has taken a bold step by approving foreign crypto exchange-traded funds (ETFs) for professional investors, a move announced on September 30, 2024. This decision allows institutional investors, including high-net-worth individuals and specific investment firms, to access these ETFs through a regulated re-entrustment process, which involves delegating investment management to third parties for enhanced oversight. The FSC’s approval comes after thorough discussions with the Securities Business

Solana (SOL) loses 12% of its value in the last seven days

September 5, 2024 1 min read

Crypto Kaleo, a prominent crypto expert, forecasts that Solana (SOL) may experience a further decline to $120. This decline could perhaps serve as a foundation for a more robust upward movement, allowing for consolidation before trying to reach new record levels. The expert accurately forecasted a decline in the price of Solana on August 27, and within three days, it dropped to $130. Today, the analyst reported that the value

Solana (SOL) transaction fees drop to a monthly low after peaking at $5 million in March

August 27, 2024 1 min read

The daily transaction costs of Solana have reached a multi-month low, suggesting a decrease in activity on the blockchain. The decline occurs as the enthusiasm surrounding meme coins on the blockchain diminishes, partially attributed to the introduction of Tron DAO’s SunPump. Notable tokens in the Solana ecosystem include Tether USD, Solana (SOL), Circle USD, Chainlink, and Render. The prominent meme coins on the Solana blockchain include dogwifhat, Bonk, Popcat, BOOK

Solana funds face a record $39 million outflow as investors grow concerned

August 21, 2024 2 mins read

Solana funds experienced a significant outflow of $39 million last week, marking the largest weekly withdrawal on record for the cryptocurrency. Analysts believe this may be due to investor concerns about Solana’s heavy reliance on memecoins, which has raised concerns about the platform’s stability and long-term prospects. CoinShares’ report on digital asset fund flows highlighted these significant outflows, with $37 million coming from the 21Shares Solana ETP and another $2

Over $340 Million worth of Solana (SOL) tokens set to be unlocked this month

August 18, 2024 1 min read

Solana (SOL) is scheduled to deliver its most substantial issuance this month, which has the ability to influence the price of altcoins. Wazz Crypto, a market expert, proposes that the trend of unlocking tokens may intensify, resulting in faster and more aggressive sell-offs. Nevertheless, there has been a change this week in the actions of investors and traders who are now withdrawing their investments from altcoins, as indicated by substantial

Analysts predict Solana breakout that could drive its price to $500

August 16, 2024 1 min read

Although the crypto market is seeing a decline, there is a growing sense of optimism surrounding Solana (SOL). Curbo, a market strategist and trader, has identified Solana’s upcoming price goals as $400 and $500. Curbo has expressed strong confidence in Solana’s long-term potential. He has the belief that Solana must break out of its current consolidation phase to attain these objectives. Curbo says that if SOL can successfully surpass this

Solana faces a challenging journey to secure U.S. ETF approval

August 15, 2024 1 min read

Solana, an altcoin seeing rapid growth, is currently seeking clearance for an exchange-traded fund (ETF) in the United States. This comes after Brazil’s financial regulator approved the first Solana ETF, marking a significant achievement for crypto. Solana, established in 2017 by Anatoly Yakovenko and overseen by the Solana Foundation, has expanded to become one of the leading cryptocurrencies, boasting a market capitalization of $70 billion. The permission from Brazil has

The Brazilian Securities and Exchange Commission (CVM) approves the world’s first Solana spot ETF

August 8, 2024 1 min read

The Solana spot ETF, which is the inaugural ETF of its kind authorized in Brazil, is an investment vehicle provided by QR, a key participant in the financial industry, and overseen by Vortx. This exchange-traded fund (ETF) offers investors a distinct chance to acquire exposure to Solana’s digital assets using a regulated and conveniently accessible financial instrument. The ETF’s reference price is determined by the CME CF Solana Dollar Reference

Solana drops by over 20% to trade near $110 before bouncing back to around $129

August 5, 2024 1 min read

In the last 24 hours, crypto traders have experienced a loss of more than $1 billion in their trading positions, as Solana’s value has dropped by over 20% before bouncing back to around $129. The decrease in value is ascribed to investor apprehensions regarding a potential economic downturn in the United States, the monetary policies of the Federal Reserve, and geopolitical conflicts. Amidst a decline in crypto prices on Monday,