Solana (SOL) Sees Over $1 Billion Inflows in 24 Hours: Key Factors Behind the Pump

1 min read

As the cryptocurrency market trades sideways, Solana (SOL), a decentralized finance (DeFi) platform, stands out with significant buying pressure and impressive price gains. With a market capitalization of $8.96 billion and a $1.02 billion inflow in the last 24 hours, SOL has demonstrated its strength and resilience in the face of market uncertainties. SOL’s price trajectory has remained positive, holding above the $20 support level and currently valued at $22.17

Revolut Withdraws Support for Cardano, Polygon, and Solana in US Market

1 min read

In a recent email sent to its U.S.-based users on June 28, the prominent U.K. fintech firm Revolut dropped a bombshell announcement: it is discontinuing support for three major cryptocurrencies. Cardano (ADA), Polygon (MATIC), and Solana (SOL) will no longer be available for purchase through the Revolut app, effective immediately. Furthermore, Revolut plans to take things a step further in the future. At an unspecified date, users will no longer

PEPE Loses 10% Amid SEC Crackdown on Binance

1 min read

The crypto market faced a sharp decline, with a 3.6% drop in total market capitalization, following the announcement of a new lawsuit by the United States Securities and Exchange Commission (SEC) against Binance, a prominent cryptocurrency exchange. In the lawsuit, the SEC alleges that Binance and its CEO, Changpeng Zhao, failed to comply with regulations by allowing U.S. users to access Binance.com, engaging in unregistered crypto offerings and sales, and

SEC Labels 10 Tokens Securities in Binance Lawsuit

2 mins read

The U.S. Securities and Exchange Commission (SEC) has intensified its regulatory actions against cryptocurrencies, as it included 10 additional tokens in its charges against Binance on Monday. According to court documents, the SEC identified SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS, and COTI as securities, referring to them as “crypto asset securities” in its complaint. The SEC alleges that Binance unlawfully solicited U.S. investors to engage in trading