Tag: solana
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Solana Faces Pressure as Long-Term Holders Sell and Shorts Gain Momentum
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Solana (SOL) is under increasing downward pressure, with market signals suggesting the popular altcoin could slip below the crucial $200 support level. On-chain data and derivatives market trends indicate that long-term holders (LTHs) are actively liquidating positions, while bearish bets in the futures market are rising, fuelling expectations of a further price decline. Long-Term Holders…
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World Liberty Financial Set to Launch USD1 Stablecoin on Solana
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World Liberty Financial (WLFI), a decentralised finance (DeFi) venture linked to former US President Donald Trump, is preparing to expand its USD1 stablecoin to the Solana blockchain. The move is designed to tap into Solana’s fast-growing $12 billion stablecoin ecosystem and broaden USD1’s footprint across major blockchains. Early Signs of Solana Integration Hints of this…
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Solana Developers Face $5,000 Bills for Single Queries on Google Cloud’s BigQuery
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Rising Concerns Over BigQuery Pricing Solana developers are voicing serious concerns after being hit with unexpected charges of up to $5,000 for running a single query through Google Cloud’s BigQuery. Several blockchain developers have described their experiences as “horror stories,” with some claiming that a few queries have cost them tens of thousands of dollars.…
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1inch Launches Bridge-Free Solana–EVM Swaps with MEV Protection
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1inch has unveiled a new system for direct swaps between Solana and Ethereum Virtual Machine (EVM) chains, promising a safer, faster and more reliable alternative to traditional blockchain bridges. The move marks a milestone in decentralised finance (DeFi) by tackling long-standing problems of interoperability, liquidity fragmentation and security risks. A New Approach to Crosschain Transfers…
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Solana & BNB Power Record Blockchain Activity
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The blockchain industry has witnessed its busiest week ever, with total on-chain transactions across major public blockchains and Layer-2 networks reaching a record-breaking 342 million. This milestone, reported by Dune Analytics, reflects a surge in user activity and network engagement, a strong signal of renewed interest in the crypto space. Among the top performers were…
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CoinShares Files for Solana Spot ETF
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CoinShares has officially entered the race to launch a Solana Spot ETF, becoming the eighth firm to file for such a product with the U.S. Securities and Exchange Commission (SEC). As institutional demand for crypto investment vehicles grows, this filing signals a new wave of interest in Solana (SOL), one of the fastest-growing blockchain platforms…
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Solana Becomes First Non-EVM Chain to Integrate Chainlink’s CCIP
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Chainlink, the leading Web3 services platform, has officially launched its Cross-Chain Interoperability Protocol (CCIP) on Solana’s mainnet—a move that marks the protocol’s first deployment on a non-EVM (Ethereum Virtual Machine) chain. This strategic integration unlocks secure, efficient cross-chain communication between Solana and EVM-compatible blockchains like Ethereum, Arbitrum, Base, Optimism, BNB Chain, and Sonic. This development…
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Top Altcoins to Buy Before the Next Crypto Bull Run
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As anticipation of a major crypto bull run gains momentum, investors are eyeing high-potential digital assets that could outperform the market. With Bitcoin forecasted to reach anywhere between $200,000 and $2.4 million in the coming years by major institutions like BlackRock, Ark Invest, and Standard Chartered, the ripple effect on altcoins could be substantial. Recent…
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Janover Doubles Down on Solana with $10.5M Investment, Boosting Treasury Strategy
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Real estate-focused fintech firm Janover has significantly expanded its digital asset portfolio, acquiring an additional 80,567 Solana (SOL) tokens for approximately $10.5 million. This move brings the company’s total SOL holdings to 163,651.7 tokens, now valued at over $21.2 million. Digital Asset Strategy Accelerates The latest purchase aligns with Janover’s broader plan to enhance its…
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Solana Surges Past XRP as Market Turns on Short Sellers
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The cryptocurrency market is witnessing a notable shift, with Solana (SOL) outperforming XRP amid a broader recovery. The surge has left short sellers reeling, with Solana leading the charge in liquidations over the past 24 hours. Solana Dominates Liquidations Short traders betting against Solana faced severe losses as the asset rebounded sharply. According to CoinGlass,…