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SOL

Solana

Latest Solana (SOL) news on Cryptelio.

Price$116.31
24h+1.0%
Volume$401.56M
Market cap$69.48B

Latest Solana news

Macro · 1 month ago Solana Company Reports $30.3 Million Q2 Loss Amid Staking Revenue of $2.5 Million The Solana Company recorded a significant net loss of $30.3 million in Q2, despite generating $2.5 million from staking activities. The firm had to sell equity to raise additional cash for operations. Companies · 1 month ago Bitwise and Superstate Collaborate on Tokenizing Solana Staking ETF Bitwise Asset Management has teamed up with Superstate to explore the tokenization of its Solana staking ETF, allowing for on-chain share ownership. Markets · 1 month ago Bank Leumi Partners with Galaxy Digital to Launch Bitcoin Trading for 2.5M Clients by 2027 Bank Leumi, Israel's largest bank, plans to launch Bitcoin trading for its 2.5 million clients in early 2027 through a partnership with Galaxy Digital. Macro · 1 month ago DeFi Development Corp. Closes Treasury Accelerator Amid $27 Million Loss DeFi Development Corp. has announced the closure of its Treasury Accelerator following a significant $27 million loss in the second quarter, prompting cost-cutting measures and debt repurchases. Adoption · 1 month ago MoneyGram Launches Cash-to-Crypto Services on Solana Blockchain MoneyGram has introduced its cash-to-crypto services on the Solana blockchain, enabling developers to access a global cash network through a single API. Funding · 1 month ago Solana Network Faces Near Halt as 29% of Staked SOL Goes Offline Due to Routing Failure A routing issue caused nearly 29% of staked SOL to go offline, bringing the Solana network close to a halt. The incident highlights vulnerabilities in the network's infrastructure and raises concerns among investors. Spot & ETFs · 1 month ago Bitwise's BSOL Dominates US Spot Solana ETF Inflows with $8.8 Million Bitwise's Solana Staking ETF (BSOL) led the US spot Solana ETF market with $8.8 million in inflows on August 10, marking a significant return of investor interest. Macro · 1 month ago SkyAI Inc. Sells $12.5M in SOL, Faces Significant Losses Amid Cash Flow Challenges SkyAI Inc. reported a $12.5 million loss from selling 135,399 SOL, contributing to ongoing cash flow issues despite a positive working capital balance. Layer-2 · 1 month ago Avalanche and Arbitrum One Capture Significant Share of Tokenized Stock Market Avalanche and Arbitrum One have collectively secured approximately 12.5% of the tokenized stock market cap, indicating a shift in institutional interest towards smaller blockchain networks. Derivatives · 1 month ago Solstice Finance Launches strcUSX on Solana, Offering Unique Yield Opportunities Solstice Finance has introduced strcUSX, a tokenized product providing Solana users with on-chain exposure to STRC, a Nasdaq-listed perpetual preferred stock, marking a significant development in the DeFi landscape. Markets · 1 month ago Centrifuge Tokenizes Janus Henderson's AAA CLO Fund Across Multiple Blockchains Centrifuge has successfully tokenized the Janus Henderson Anemoy AAA CLO Fund, which manages approximately $689.9 million in assets across eight blockchain networks, enhancing access to traditional finance products. Markets · 1 month ago Pump.fun Surpasses Hyperliquid in 30-Day Revenue as $PUMP Token Gains 12% Pump.fun, a Solana-based memecoin launchpad, has outperformed Hyperliquid in 30-day revenue, generating $33.73 million compared to Hyperliquid's $32.73 million, while the $PUMP token has risen by 12%. Markets · 1 month ago GMGN.ai Surpasses Axiom Exchange in 24-Hour Revenue Amid Memecoin Trading Surge GMGN.ai has overtaken Axiom Exchange in 24-hour revenue, highlighting the competitive dynamics in the memecoin trading sector. Markets · 1 month ago Solana Proposes Fee Restructure to Increase Daily Token Burn Significantly Solana's new proposal, SIMD-0553, aims to restructure transaction fees, potentially increasing daily SOL burns from $47K to $650K. This change could significantly impact the token's supply dynamics. DeFi · 1 month ago LiquidChain Raises Nearly $1 Million to Unify Bitcoin, Ethereum, and Solana LiquidChain has raised over $926,000 in its fundraising campaign, aiming to create a Layer 3 solution that connects Bitcoin, Ethereum, and Solana seamlessly. NFTs · 1 month ago Doodles Unveils $DOOD Token Airdrop and DreamNet Protocol Doodles is set to launch its $DOOD token on May 9, aimed at enhancing community engagement and supporting a new storytelling protocol called DreamNet. The airdrop will benefit existing NFT holders and new community members. Companies · 1 month ago HyroTrader Wins Best Prop Trading Firm at CoinGape Web3 Innovation Awards HyroTrader has been awarded Best Prop Trading Firm at the CoinGape Web3 Innovation Awards, recognizing its innovative approach to crypto trading and the upcoming launch of Hyro Protocol on Solana. Derivatives · 1 month ago Solana's Price Stability Amid ETF Inflows and Ecosystem Developments Solana (SOL) maintains a price around $77, buoyed by recent ETF inflows and positive sentiment in the derivatives market. Institutional interest appears to be returning, contributing to a cautiously optimistic outlook for the cryptocurrency. Gaming · 1 month ago Art Collections to Watch in the Metaverse This Week Discover the latest art collections launching this week in the metaverse, featuring unique works on Bitcoin, Ethereum, and Solana. Don't miss out on these exciting drops! Companies · 1 month ago Sumex Enhances Cross-Chain Swap Capabilities with The Change Integration Sumex has integrated The Change into its cross-chain swap infrastructure, enhancing liquidity and routing diversity. Users can now participate in a new reward campaign while enjoying improved swap experiences.