Tag Archives: Solana blockchain

Solana Shatters Records: 2025 Annual Review Reveals New All-Time Highs In Key Metrics

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Solana (SOL), one of the foremost blockchains in the cryptocurrency sector, recently released its annual review for 2025, showcasing major growth across several key metrics, including daily active wallets and decentralized exchange (DEX) volume.  Seven Solana Apps Break $100 Million Revenue Barrier  According to the report issued on social media platform X (previously Twitter) applications… Continue reading Solana Shatters Records: 2025 Annual Review Reveals New All-Time Highs In Key Metrics→

Western Union Reveals Plans For USDPT Stablecoin On Solana, Set To Debut In 2026

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Global financial services company Western Union is making a strategic move into the world of stablecoins, responding to the evolving landscape created by the recent passage of the GENIUS Act in the US. On Tuesday, the company announced its intention to launch the US Dollar Payment Token (USDPT), a new stablecoin, alongside its Digital Asset… Continue reading Western Union Reveals Plans For USDPT Stablecoin On Solana, Set To Debut In 2026→

Helius Joins Solana Treasury Trend With $500 Million Funding For New DAT Strategy

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Nasdaq-listed firm Helius Medical Technologies Inc. unveiled the launch of a $500 million Solana-focused Digital Asset Treasury (DAT) backed by Pantera Capital and Summer Capital. Helius Reveals Solana Treasury Strategy On Monday, Helius Medical Technologies, a neurotech company in the medical device field, announced an oversubscribed private investment in public equity (PIPE) offering of common… Continue reading Helius Joins Solana Treasury Trend With $500 Million Funding For New DAT Strategy→

New Solana Memecoin Leader? PENGU Flips BONK Amid Whale Accumulation

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The newly launched PENGU token has stolen the spotlight after becoming the largest Solana-based memecoin by market capitalization. The token’s rally has gathered massive interest from large-scale investors, who have heavily invested in the token over the last few days. New Solana Token Steals The Spotlight On December 17, the Pudgy Penguins Non-Fungible Token (NFT)… Continue reading New Solana Memecoin Leader? PENGU Flips BONK Amid Whale Accumulation→

Solana Q3 Digest: Total Value Locked Hits $5.7 Billion, Ranks Third Among Networks

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A recent report from crypto data and research firm Messari has shed light on the performance of the Solana (SOL) ecosystem during the third quarter of 2024. The report highlights a mixture of growth and challenges faced by the blockchain amid broader volatility in the cryptocurrency market during that period. Solana Stablecoin Market Cap Rises… Continue reading Solana Q3 Digest: Total Value Locked Hits $5.7 Billion, Ranks Third Among Networks→

Solana (SOL) Holds Above $140 As Funding Rate Signals Bullish Momentum

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Solana (SOL) is currently trading near a critical support zone at $145, following a 26% surge since the Federal Reserve announced interest rate cuts on September 18. After this sharp rise, SOL experienced a slight 10% dip, but the overall market sentiment remains optimistic.  Many analysts and investors hope Solana will reach new all-time highs… Continue reading Solana (SOL) Holds Above $140 As Funding Rate Signals Bullish Momentum→

VanEck Predicts Solana Could Reach 50% Of Ethereum’s Market Cap, Targeting $330 Per SOL

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Currently, Solana (SOL) is the fifth-largest cryptocurrency, with a market capitalization of approximately $71 billion. Following the recent decision by the US Federal Reserve to cut interest rates by 0.50% on September 18, the cryptocurrency market has seen a resurgence in investor confidence, leading to notable price increases for SOL. In light of these developments,… Continue reading VanEck Predicts Solana Could Reach 50% Of Ethereum’s Market Cap, Targeting $330 Per SOL→

Major Crypto Exchanges Tease Solana Liquid Staking Tokens, Will SOL Takeoff?

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Three major crypto exchanges teased the launch of new Solana-based products. The trading platforms shared mysterious hints on their official X accounts, suggesting their entry to Solana’s Liquid Staking ecosystem. The news received a positive reaction from the crypto community, seemingly fueling a bullish sentiment among SOL investors. Exchanges Hint At New Solana-Based Products On… Continue reading Major Crypto Exchanges Tease Solana Liquid Staking Tokens, Will SOL Takeoff?→

Institutional Adoption Accelerates For Solana as Hamilton Lane Launches Blockchain-Native Fund

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In a move highlighting the growing intersection of traditional finance (TradFi) and blockchain technology, Hamilton Lane, one of the world’s largest asset managers, has announced the launch of a private credit fund on the Solana (SOL) blockchain.  The fund, named Senior Credit Opportunities Fund (SCOPE), will now be accessible to investors through the Solana network,… Continue reading Institutional Adoption Accelerates For Solana as Hamilton Lane Launches Blockchain-Native Fund→

Ethereum Eclipses Solana In 2024 Inflows Amid Hype For Upcoming ETF Launch

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According to a recent report from CoinShares, Ethereum (ETH) saw an uptick in inflows last week, surpassing Solana’s (SOL) inflows for 2024, coinciding with the impending launch of exchange-traded funds (ETFs) that will allow regulated investment in the US for the second-largest cryptocurrency by market capitalization.  ETH Dominates Inflows The report highlights Ethereum’s strong momentum… Continue reading Ethereum Eclipses Solana In 2024 Inflows Amid Hype For Upcoming ETF Launch→