Solana News
A Trump-Themed Token Soars, Then Dives 95% After His Son Dashes Hope the Former President Backed It
The debacle underscores the wild world of memecoin markets, where grifts and rug pulls abound.
Brazil’s Securities and Exchange Commission Approves Solana-Based ETF
The product now has to be approved by the local stock exchange, B3.
Memecoins on Solana Surge as SOL Warms Up From Losses This Week
Memecoins on the Solana ecosystem jumped more than 30% in the past 24 hours, leading gains in the crypto market. This comes as the network’s underlying token SOL recovered losses from earlier in the week. Cat-themed popcat, surged 40% on the day and dog-themed token, dogwifhat has also jumped more than 25%. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
Solana Hits All-Time High Against Ether, Outperforms Bitcoin in Crypto Rebound
Solana and its ecosystem tokens look attractive compared to other altcoins and is a "clear option if looking for longs" after the market turmoil, a K33 Research analyst said.
Solana-Based Memecoins Surge as SOL Jumps 38% From Monday's Lows
The memecoins on the Solana network rose 30% in the past 24 hours, leading gains as a sector as optimism around SOL ETFs heats up among some.
Crypto Bank Anchorage Adds Custody for Solana-Based Tokens
"We're very responsive to what our clients ask for," CEO Nathan McCauley said.
CoinDesk 20 Index Fell More Than 20% During Overall Crypto Market Crash
The overall crypto market crashed as risk-off sentiment permeated global markets. The altcoin-heavy benchmark CoinDesk 20 Index fell more than 20%, with crypto majors Solana and Near Protocol plummeting 20% to 30%. The sentiment shift stems from the recession fears ignited by Friday's U.S. economic and jobs data, as well as the rising tensions in the Middle East. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
SEC Intends to Amend Complaint in Binance Case
Third-party tokens are digital assets alleged to be unregistered securities by the SEC that were issued by various companies not named Binance.
Jito Releases Open-Source Restaking Service for Solana
The yet-to-implemented codebase allows any Solana-based protocol to use any asset for its economic security.
AgriDex Settles First Agricultural Trade on Solana Blockchain
AgriDex "settled the transactions almost instantly, charging only 0.15% to each side of the trade" while in traditional systems "fees can be several percentage points per trade."
