Solana Gains Tokenized Stock Push As Traders Watch $1,000 Talk
Securitize is set to issue a Currenc Group equity as a digital token on a public blockchain, with the shares expected to launch on both Ethereum and Solana. Related Reading: South Korea Imposes 5-Minute Audit Rule On Crypto Platforms The move puts Solana back in the spotlight for a use case tied to real-world assets, not just price moves. The setup is meant to combine Ethereum’s security profile with Solana’s faster and cheaper transaction speed. Price Holds In A Narrow Band Solana (SOL) was trading at $82.45 at the time of writing, according to CoinGecko data. The token was unchanged over....
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Kalshi has switched on tokenized versions of its event contracts on Solana, making its first explicit play to court the same crypto-native traders who have funneled billions of dollars into rival prediction platform Polymarket. Instead of holding positions solely as traditional off-chain contracts on Kalshi’s regulated venue, users can now buy and sell tokenized representations […]
Solana is ready to pump thanks to strong technical indicators and ecosystem support. The biggest piece of positive news comes from a popular chart analyst, Ali Martinez. He took to X (where he has over 136K followers) to share the monthly $SOL chart, which is forming a bullish cup and handle pattern. The ‘cup’ started forming around November 2022, with the handle coming into existence during the tariff-induced panic sell-off. What’s even more encouraging is that this pattern has taken a long time to form – almost 2.5 years. This makes it a stronger bullish indication.....
Tokenized shares of Facebook, Google-parent Alphabet, Netflix, Nvidia, PayPal, Square and Tesla will be available to trade at the launch. Switzerland-based token issuer Digital Assets AG, or DAAG, has officially launched its stock-tokenization infrastructure on the Solana blockchain, offering users of the FTX trading platform a novel way for accessing traditional equity markets. During the initial rollout, FTX users who have completed Know Your Customer documentation will have access to 55 free-floating stocks, available 24 hours a day, 365 days a year, Digital Assets AG announced....
Solana started a fresh increase above the $88 zone. SOL price is now consolidating above $90 and might aim for more gains above the $95 zone. SOL price started a fresh upward move above the $85 and $88 levels against the US Dollar. The price is now trading above $90 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $89 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $95 resistance zone. Solana Price Regains Traction Solana price started a decent increase after it settled above the....
Notable attention and interest are currently being directed to the Solana blockchain following the introduction of the SOL treasury reserves, which have seen persistent growth. While the SOL blockchain continues to demonstrate its dominance, Forward Industries is about to launch its tokenized shares using the network. FORD Tokenized Shares Coming To The Solana Blockchain Institutions […]