Berachain Threatens Solana as SEC Approves $SOL ETF: Will Solaxy Meme Coin Ex...
It seems we’ve entered an alternate reality because the SEC (Securities and Exchange Commission), previously firmly anti-crypto, has now acknowledged multiple altcoin ETF (exchange-traded fund) applications at once. Namely, the regulator made an update on Grayscale’s Solana ($SOL) ETF, which it had rejected last year after calling the asset a security. Bloomberg analyst Eric Balchunas […]
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What happens when you mix Elon Musk, Vine, and Solana? Apparently, meme coin madness. After Musk cheekily hinted on X at bringing back Vine – the short-form video app that many still mourn – crypto traders did what they do best. They aped into anything that felt remotely related. And naturally, one Solana-based meme coin […]
Just four days after hitting the $4M milestone, new presale project Solaxy (SOLX) reached $5M. Ten days is an astonishing pace to raise millions in funding. So what’s special about Solaxy? Well, Solaxy is Solana’s first Layer-2 solution that focuses on meme coins. This means Solaxy could resolve Solana’s congestion issues by processing part of […]
Solana’s bridges have recorded insane volumes ($10B+) since 2021, but their performance over the last 3-4 months has been particularly breathtaking. Although the total volume increased by a massive 114% in the last year (i.e., since February 2024, when it was just $4.7B), the months of November, December, and January recorded $6B in inbound volume just between them. The most bridged asset in the Solana ecosystem was $USDC, with an all-time inbound volume of $3.9B. It was followed by $ETH, which registered nearly $2B. It’s worth noting, however, that it’s not just the....
Two major institutional players – SOL Strategies and DeFi Development Corp – recently injected $509.9M combined into their Solana treasury incentives. The investment strategy echoes MicroStrategy, but this time, it’s Solana ($SOL) rather than Bitcoin ($BTC). These sizable capital inflows into $SOL suggest a bright future for Solaxy, the world’s first Solana Layer-2 (L2) network […]
According to Messari’s latest reports, Solana TVL (total value locked) absolutely exploded in Q4 2024, ending the year in style. TVL on Solana rose to $8.6B, an incredible growth of 486% from last year. Furthermore, the quarter-on-quarter growth rate also stood at an impressive 64%. After amassing a record-breaking TVL in 2024, Solana now ranks second among blockchains after it surpassed Tron in December. Whether it’s the meme coin niche (with Pump.fun) or decentralized finance (DeFi) overall, Solana is on a roll as far as blockchain development goes. With Solana looking....