World’s Largest Crypto Asset Manager Launches Solana Investment Product, $SOL Up 14420% YTD

Grayscale Investments (“Grayscale”), the world’s largest digital currency asset manager with $44.1 billion of assets under management (as of 1 September 2021), has announced a new single-asset investment product dedicated to $SOL, the native token of the Solana blockchain. Grayscale, a subsidiary of incubator and crypto-focused venture capital firm Digital Currency Group (DCG), issued a press release yesterday (November 30) […]

Solana ($SOL) Investment Products Outperformed $BTC-Based Ones in November: Report

Solana ($SOL) investment products have, along with Litecoin-based products, outperformed bitcoin-based cryptocurrency investment products, with 21Shares’ ASOL fund and Grayscale’s LTCN returning investor 22% and 14.9% last month, respectively. According to CryptoCompare’s latest Digital Asset Management Review report, 21Shares’ Solana investment product also experienced the largest percentage increase in trading volume, growing 171% to $6.3 […]

77% of Eligible Solana ($SOL) Is Being Staked on-Chain, Data Shows

Over 77% of Solana’s $SOL tokens are being staked on the cryptocurrency’s network and earning their holders yield, so much so that staked value on the network surpassed $84 billion, according to data from Staking Rewards. As first reported by Benzinga, the network’s staking rewards have as such been making Solana a top choice for […]

Crypto Investment Product Inflows Hit Record $9 Billion YTD Aided by $ADA and $SOL

Cryptocurrency investment products saw inflows of $151 million last week, making it the 13th-consecutive week of inflows the market has seen. In total, a record $9 billion have been invested in these products, leading assets under management to a new high above $83 billion. According to a report published by CoinShares, the flagship cryptocurrency Bitcoin […]

Crypto Exchange Kraken’s Latest Report Analyzes Price Action of $BTC, $ETH, and $SOL

A recently released research report (titled: “Up, Up and Away: October 2021 Market Recap & Outlook”) from U.S.-based crypto exchange Kraken offer a recap of the most significant events that took place in the crypto market last month as well as price analysis for Bitcoin, Ethereum, and Solana. Here are a few highlights from Kraken’s […]

Reddit Co-Founder and Solana Ventures to Invest in Decentralized Social Media Projects

Seven Seven Six, the venture firm of American internet entrepreneur and investor Alexis Ohanian, co-founder of social media platform Reddit, and Solana Ventures announced at the recent Solana Breakpoint 2021 conference in Lisbon that they are planning to invest $50 million each in decentralized social media projects. According to a report by Reuters, Ohanian said in a […]

Trading App With Over 1 Million Users Expands Crypto Offering With $SOL, $MATIC, $LUNA, and Others

Public, a popular trading app competing with Robinhood (NASDAQ: HOOD) that has already amassed over one million users, has expanded its cryptocurrency offering with the addition of numerous new cryptocurrencies. According to Business Insider, the company now offers 21 cryptocurrencies via its commission-free trading platform, as it has recently listed Solana ($SOL), Terra ($LUNA), Chainlink […]

Solana Network: Highlights From Breakpoint Conference Paint a Very Healthy Picture

This week, Lisbon, the capital of Portugal, hosted the first conference organized by Solana Foundation — Solana Breakpoint 2021 — and on Monday (November 8), Solana Labs co-founders Anatoly Yakovenko (CEO) and Raj Gokal (COO) discussed the state of the Solana ($SOL) network. After welcoming the attendees to the conference and thanking the Solana team, […]

Solana ($SOL) Could Hit $5,000 By 2030, Expert Panel Suggests

The price of Solana ($SOL) could surpass the $5,000 mark by 2030 and hit $1,178 by the year 2025, according to a panel of cryptocurrency experts surveyed by Finder. The cryptocurrency has already surpassed the panel’s target for the remainder of the year, which was $235. According to Finder, the figures come from the average […]

Solana: Crypto Analyst Says $SOL Is Going to $900

On Monday (November 8), as $SOL, the native token of high-performance blockchain Solana, trades above $240, having gone up nearly 16,000% so far in 2021, it is hard to guess how much higher it could go, but one popular feels confident that it is going to $900. According to data by TradingView, on crypto exchange […]

Solana ($SOL) Up 17,000% in 2021 As Interest in Its Rich Ecosystem Grows

The price of Solana’s SOL token is up over 17,000% so far this year and has already flipped the market capitalization of Cardano ($ADA) to become the fourth-largest cryptocurrency by market capitalization, with over $72 billion. Ahead of it is Binance Coin ($BNB), with a $92.8 billion market capitalization. At press time, SOL is trading […]

Solana ($SOL) Flips Cardano ($ADA) To Take 5th Place, Surges to New ATH Above $237

Today (November 3), the native assets of Cardano and Solana have been fighting over the title of the world’s fifth most valuable cryptoasset by market cap, and at the time of the writing the latter is enjoying a healthy lead over the former. According to data by TradingView, at 19:09 UTC, the $SOL price surged […]

DeFi on Solana ($SOL) Sees Total Value Locked Near $13 Billion

The decentralized finance (DeFi) ecosystem on the Solana (SOL) blockchain has seen the total value locked get close to the $13 billion mark to hit a new all-time high as more users move to the blockchain because of its transactions speeds and lower fees. According to DeFi data aggregator DefiLlama, as first reported by Decrypt, […]

Crypto Analyst Explains When Right Time Is To Buy Solana ($SOL)

Recently, prominent crypto analyst and trader Michaël van de Poppe shared his thoughts on $SOL, the native token of the Solana blockchain. This is what he had to say about $SOL’s price action in a video released on the “Crypto Michaël” YouTube on October 17 while looking at the $SOL-$USDT price chart (for Binance) from TradingView: […]

Crypto Exchange FTX.US Launches NFT Marketplace, Solana Supported Now, Ethereum Soon

FTX.US has announced the launch of a marketplace for buying and selling Solana-powered non-fungible tokens (NFTs).  FTX.US has fully launched an NFT marketplace, which includes support for the trading of Solana-based NFTs. The exchange’s marketplace was previously limited to the buying and selling of NFTs which had been directly minted on its platform.  A report […]

Crypto Investments Products Record $225 Million Inflows With $ADA and $SOL Leading Altcoins

Cardano ($ADA) and Solana ($SOL) led altcoin investment product inflows this week, according to CoinShares, while other altcoins like Ethereum, Litecoin, and Polkadot recorded outflows. The flagship cryptocurrency saw inflows of $225 million. As Reuters reports, in total, cryptocurrency investment products and funds invested $226.2 million in investments last week, bringing their year-to-date total to […]

Solana ($SOL) and Algorand ($ALGO) Could Reach New All-Time Highs in Q4, Says Coin Bureau

Popular crypto trading and market analysis show Coin Bureau has published an update on realistic Q4 price targets for the native tokens of Solana ($SOL) and Algorand ($ALGO). Speaking in a recent YouTube video, Coin Bureau’s host “Guy” told the channel’s over 1.43 million subscribers that the price of $ALGO could reach a new all-time […]

Solana ($SOL) Powered DEX Receives $18 Million Capital Injection

Recently, Orca ($ORCA), a decentralized exchange (DEX) built on the Solana blockchain, announced an $18 million Series A funding round led by some of the industry’s biggest investors.  According to a report by Decrypt, Orca recently closed on an $18 million Series A funding round led by Polychain, Placeholder and Three Arrows Capital. Jump Capital, […]

Billionaire VC Says Bitcoin Has Replaced Gold, Keeps an Eye on Solana

Recently, billionaire venture capitalist Chamath Palihapitiya, who is the founder and CEO of investment firm Social Capital, as well as Chairman of spaceflight company Virgin Galactic, has revealed he believes bitcoin has effectively replaced gold. Palihapitiya’s words came during an interview with CNBC’s Scott Wapner at the Delivering Alpha conference, where the billionaire noted he is concerned […]

NFL GOAT Tom Brady Willing to Accept Part of His Salary in $BTC, $ETH, or $SOL

Tom Brady, an American football player who is a quarterback for the Tampa Bay Buccaneers of the National Football League (NFL), is widely considered to be a “Greatest of All Time” (GOAT) due to his many amazing record-breaking accomplishments as a quarterback. Recently, while doing an interview with American sportscaster Jim Gray for episode 5 […]

Former Goldman Sachs Exec Explains Why He Is So Bullish on Cardano ($ADA), Solana ($SOL), and XRP

In a recent interview, former Goldman Sachs executive Raoul Pal talked about why is excited about certain altcoins, and in particular explained why he is bullish on Cardano ($ADA), Solana ($SOL), and XRP, all of which he currently owns. Prior to founding macro economic and investment strategy research service Global Macro Investor (GMI) in 2005, Pal co-managed the GLG Global […]

Solana CEO Opens Up on Project’s Modest Development Team and Ability to Scale

Solana Labs Co-Founder and CEO Anatoly Yakovenko recently explained how the small-staffed project has managed to become a powerhouse in the crypto space.  During a recent interview with Cointelegraph at the SALT Conference 2021, Yakovenko said that his project was focused on increasing speed in order to meet the demands of scale necessary for crypto […]

Crypto Analyst Explains What’s Driving Solana ($SOL) Price Higher

Recently, popular New Zealand-based crypto analyst Lark Davis (@TheCryptoLark on Twitter) explained why Solana’s $SOL token has been outperforming in 2021. Also, we look at updated $SOL price targets from other another prominent analyst. $SOL is the native token of the Solana blockchain. Solana is “an open source project implementing a new, high-performance, permissionless blockchain” that is maintained by […]

Solana Moves Into 6th Place, Analyst Says “It’s Official. $SOL Has Gone Parabolic”

On Tuesday (September 7), as Solana’s $SOL token continued its fast and furious climb up the market cap table, even the most bullish analysts were forced to increase their price targets, with one explaining how the $SOL price could reach $900. $SOL is the native token of the Solana blockchain. Solana is “an open source project implementing a […]

This Red-Hot Solana ($SOL) Powered DeFi Token Is Up 22000% in Past Seven Weeks

Solana has been the hottest L1 blockchain this summer, with $SOL up almost 7800% so far in 2021. As the result of the interest Solana has generated, projects in the Solana ecosystem have benefited greatly and their tokens have enjoyed huge gains. On June 1, a startup named Saber Labs announced the launch of StableSwap, […]

Solana’s Ecosystem Helps It Take 7th Place, Analyst Says ‘$SOL to $250 in September’

As Solana’s $SOL token continues its dazzling bull run, crypto analysts are having to constantly increase their price targets and predictions that sounded outlandish just a few months ago have either come true already or no longer sound so crazy. $SOL is the native token of the Solana blockchain. Solana is “an open source project implementing a new, […]

Solana ($SOL) Could ‘Easily 3X From Here’, Says Partner at Spartan Capital

Earlier today (August 31), as Solana’s $SOL token continued its incredible bull run, one of the partners at Spartan Group expressed in a succinct way how bullish they are on $SOL right now. Spartan Capital is a cryptoasset management firm with an investment team that has “over 20 years of experience in investment research and […]

Solana Surges 12% To Take 8th Place, Analyst Says ’$SOL Easily Going to $200

On Saturday (August 28), as $SOL continues its relentless march toward the $100 level, its price action continues to dazzle both analysts and investors. And as its market cap keeps increasing, $SOL keeps climbing higher in the market cap table. $SOL is the native token of the Solana blockchain. Solana is “an open source project implementing […]

Chainlink Price Feeds Coming to Solana in Q4, Osprey’s $SOL Fund for Wealthy Investors

On Wednesday (August 25), the teams behind two of the most crypto projects announced the results of an integration that is “the result of many months of close collaboration.” And on Tuesday (August 24), Osprey Funds signalled its intention to launch a private Solana fund. In a press release issued yesterday, the Chainlink and the […]

Institutional Investors Bet on $SOL and $ADA Investment Products as Crypto Market Recovers

Institutional investors have been betting on Solana ($SOL) and Cardano ($ADA) investment products as the cryptocurrency market recovers and bitcoin moves back toward the $50,000 mark, data shows. According to CoinShares’ latest “Digital Asset Fund Flows Weekly” report, institutional investors moved $7.1 million into Solana investment products over the last week, seemingly reacting to SOL’s recent […]

Crypto Analyst on Solana: ‘$SOL Makes Bitcoin Look Like a Stablecoin’

As Solana ($SOL) seemingly prepares to break above the $80 level, its price action continues to impress both analysts and investors. $SOL is the native token of the Solana blockchain. Solana is “an open source project implementing a new, high-performance, permissionless blockchain” that is maintained by the Geneva-based Solana Foundation. According to data by TradingView, on […]

Solana Will Suck Liquidity From Altcoin Market Over Next Few Days/Weeks, Says Analyst

Earlier today, as nearly 80% of the top 50 cryptoassets by market cap were in the red, Solana ($SOL) was putting in another dazzling performance, surging to new all-time highs with a double digit percentage gain vs USD. $SOL is the native token of the Solana blockchain. Solana is “an open source project implementing a new, […]

Crypto Analyst on Solana: $SOL Is ‘The Most Bullish Asset in the Space Right Now’

On Sunday (August 15), pseudonymous crypto analyst, trader, and influencer “Pentoshi” (@Pentosh1 on Twitter) explained why he is so bullish on Solana ($SOL) right now. $SOL is the native token of the Solana blockchain. Solana is “an open source project implementing a new, high-performance, permissionless blockchain” that is maintained by the Geneva-based Solana Foundation. The crypto […]

Solana ($SOL) Hits New All-Time High Above $70 as Its DeFi Ecosystem Attracts Investors

The price of Solana ($SOL) has briefly surpassed the $70 mark to hit a new all-time high above $77, as the cryptocurrency outperformed other top cryptocurrencies over the last 48 hours thanks to growing interest in its decentralized finance (DeFi) ecosystem. TradingView data shows the cryptocurrency is up over 150% in the last 30 days, […]

Solana Enters Top 10, Analyst Says $SOL Is ‘So Hot Because It Passed the Moon on Its Way to the Sun’

On Monday (August 16), just like yesterday, Solana ($SOL) is dazzling the crypto community with another amazing performance that has helped it (for the first time) to become the 10th most valuable crypto asset by market cap. $SOL is the native token of the Solana blockchain. Solana is “an open source project implementing a new, high-performance, […]

Solana ($SOL) Up Over 21%, Analyst Says ‘Reaching for All Time Highs Soon’

On Sunday (August 15), $SOL was the top performing alt coin among the top 30 cryptoassets by markets with a 21% gain vs USD in the past 24-hour period, which has helped it to capture the #11 position in the crypto market cap table. $SOL is the native token of the Solana blockchain. Solana is “an […]

Wormhole Goes Live, Providing Bridge Between Solana, Ethereum, Binance Smart Chain, and Terra

The mainnet for cross-chain interoperability protocol Wormhole has launched with support for Solana, Ethereum, Binance Smart Chain, and Terra. Furthermore, it promises to support other major blockchains in the near future. In a blog post published on August 9, the team said that Wormhole is “a cross-chain messaging protocol, secured by a network of Guardian […]

MVIS and CryptoCompare’s Digital Asset Index Family Now Supports $DOT, $SOL, and $TRX

On Thursday (July 1), MV Index Solutions GmbH (MVIS®) in partnership with CryptoCompare, a leading provider of digital asset data, announced the launch of institutional-grade price indices for three of today’s most popular cryptoassets: Polkadot (DOT) Solana (SOL), and TRON (TRX). These three products are the MVIS CryptoCompare Polkadot VWAP Close Index (ticker:MVDOTV), MVIS CryptoCompare Solana VWAP Close […]

Crypto Analyst on Two Gravity-Defying Altcoins: Solana ($SOL) and Kusama ($KSM)

Recently, crypto analyst/influencer Elliot Wainman, the owner/host of YouTube channel “EllioTrades Crypto” talked to his over 340K subscribers about two L1 blockchain projects: Solana ($SOL) and Kusama ($KSM). Wainman said: “I wanted to cover Salona here, which is only down 30%. As you can see, over the last you know 30 days or so, we got […]

Coinbase Is Listing Solana, $SOL Surges to Nearly $50

On Thursday (May 20), Coinbase announced that it is launching support for Solana ($SOL) on Coinbase Pro, its trading platform for experienced/professional investors. Solana is “an open source project implementing a new, high-performance, permissionless blockchain” that is maintained by the Geneva-based Solana Foundation. Solana protocol was created by Solana Labs, which is backed by investors such […]

Veteran Crypto Investor Explains Why He Is So Bullish on Solana (and Ethereum)

On Thursday (April 22), crypto investor Adam Cochran explained why he believes that Solana could become “a top 3-5 project” and how it could even help Ethereum ($ETH) in the long run. Here are the main highlights of his comments about Solana: “Where Ethereum focuses on maximizing decentralization, trustlessness and accessibility of the state machine, Solana aims […]

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