Solana ($SOL)

Over the past week, cryptocurrency investment products saw total inflows of $1.35 billion, bringing their ttotal inflows over the last three weeks to $3.2 billion, with Bitcoin investment products bringing in the lion’s share of funds, followed by ETH, Solana, and multi-asset vehicles. According to CoinShares’ Digital Asset Fund Flows report, BTC-focused products saw $1.27 […]

On July 20, prominent crypto analyst Ali Martinez forecasted on social media platform X a significant potential rally for Solana (SOL). Martinez’s analysis suggests that Solana could see its price soar to $1,000, representing a remarkable 900% increase from its current levels. This prediction is based on early signs of a breakout from a bullish […]

The price of Ethereum rival Solana (SOL) has moved up over 14% over the past week to now trade at around $160 amid a wider cryptocurrency market recovery that started after pro-crypto presidential candidate Donald Trump suffered a failed assassination attempt. According to popular cryptocurrency analyst Ali Martinez, the price of SOL may now keep […]

On July 9, 2024, Matthew Sigel, Head of Digital Assets Research at VanEck, spoke with Tony Edward, the founder and host of the YouTube series Thinking Crypto. During the interview, Sigel provided detailed insights into VanEck’s crypto strategy, the impact of new ETFs, regulatory challenges, and his outlook for the digital assets market. Background and […]

In a recent video update, the YouTube channel Cheeky Crypto provided an in-depth analysis of Solana (SOL), discussing its potential price trajectory and the factors that could drive its growth. The video outlines several key predictions and comparisons to Bitcoin and Ethereum to offer a comprehensive forecast for Solana. The hosts began by emphasizing the […]

Cryptocurrency investment products as a whole saw outflows of $30 million over the past week, with Ethereum-focused products seeing their largest outflows in nearly two years over the same period after investors moved $61 million off of these products. That’s according to CoinShares’ Digital Asset Fund Flows weekly report, which details cryptocurrency investment products saw […]

On 1 July 2024, blockchain analytics service Lookonchain published a detailed thread on X (formerly known as Twitter), uncovering significant insider activities surrounding the launch of the $BAKED token on DegenFund. DegenFund is a Solana-powered platform for creating and launching new tokens on the Solana blockchain. It’s designed for a specific type of crypto investor: […]

In a recent video update, Raoul Pal, co-founder of Real Vision and CEO of Global Macro Investor, delves deep into the current state and future prospects of Solana (SOL) and the broader cryptocurrency market. Here, we summarize his key insights and predictions. Raoul Pal begins by reflecting on Solana’s recent price movements, noting that despite […]

On June 28, Galaxy Digital, a crypto-focused financial services firm led by Mike Novogratz, published an analysis of VanEck’s recent filing for a spot Solana (SOL) exchange-traded fund (ETF) in the United States. According to Galaxy Digital’s blog post, VanEck filed an S-1 with the Securities and Exchange Commission (SEC) to launch an exchange-traded commodity-based […]

On June 29, crypto influencer “MartyParty” took to the social media platform X to explain why Ethereum (ETH) HODLers should consider swapping their holdings for Solana (SOL). MartyParty’s Personal Experience Marty began by sharing his personal experience. He held Ethereum from the beginning and found it difficult and frightening to swap it for Solana in […]

Cryptocurrency trading firm GSR has taken a long position on the smart contract platform Solana (SOL) citing its “superior technology,” and suggesting its “likely just a matter of time” before Solana gets a spot exchange-traded fund (ETF) trading in the United States. In a recently published note GSR highlighted Solana’s features including its Proof-of-History mechanism […]

Solana’s daily stablecoin trading volume appears to have suddenly plunged in a mysterious dip that suggests that while Solana was seeing between $75 and $100 billion worth of daily stablecoin trading volumes, it’s now at a modest $7 billion. The apparent plunge has left investors unsettled, with some pointing to wash trading as a potential […]

On June 27, Matthew Sigel, Head of Digital Assets Research at VanEck, announced via the social media platform X (formerly known as Twitter) that VanEck has filed for the first spot Solana (SOL) exchange-traded fund (ETF) in the United States. In his announcement, Sigel shared detailed insights into why VanEck believes Solana is a compelling […]

As the price of Solana’s native SOL token keeps dropping from a 45-day low, a cryptocurrency analyst has recently predicted that despite a current bearish trend the smart contract platform’s native token will move to surpass the $1,000 mark in the future. Solana is at the time of writing trading at $128 after losing around […]

The price of Solana’s native SOL token has plunged to a 45-day low amid a broader cryptocurrency market downturn that has seen the space lose over $100 billion in value. SOL is nevertheless underperforming the wider market. According to popular cryptocurrency analyst TOBTC, Solana’s underperformance can be attributed to its reduced on-chain activity and a […]

The co-founder of popular cryptocurrency derivatives trading platform BitMEX, Arthur Hayes, has set the cryptocurrency community abuzz with his prediction that Aptos ($APT) will overtake Solana ($SOL) as the second-most prominent Layer 1 (L1) blockchain, behind only Ethereum, within the next two to three years. Hayes, known for his sharp market insights, offered this glimpse […]

In this analysis, we will delve into the year-to-date (YTD) performance of ETH-BTC, ETH-USD, SOL-BTC, and SOL-USD pairs to determine, based on AI predictions, which cryptocurrency potentially presents a better buying opportunity for the remainder of 2024. ETH-BTC Analysis The ETH-BTC chart shows a mixed performance for Ethereum against Bitcoin. Starting the year on a […]

Cryptocurrency investment products saw $2 billion of inflows over the last month, with this past week seeing a total of $185 million being invested in these products to help year-to-date inflows surpass the $15 billion mark. That’s according to CoinShares’ Digital Asset Fund Flows report, which details that investment products offering exposure to the flagship […]

A cryptocurrency trader has managed to turn around $10,000 worth of Solana’s native SOL token into nearly $400,000 in just 10 minutes trading a little-known cryptocurrency on the cryptocurrency’s blockchain for a 3,900% gain in little time. According to data shared by on-chain analysis service Lookonchain, the cryptocurrency trader spent 60 SOL worth around $9,900 […]

Shortly after former U.S. President Donald J. Trump was convicted on 34 felony counts for falsifying business records involving reimbursements to his former lawyer Michael Cohen for hush money payments, several Trump-inspired meme-inspired cryptocurrencies were launched, with one trader making over $160,000 in just 5 hours from them. According to the New York Times, Trump […]

Some astute traders (or gamblers) have managed to capitalize on the meteoric rise of Solana (SOL)-based memecoins, realizing astronomical gains in the process. According to data from blockchain tracking firm Lookonchain, one trader purchased a substantial amount of Dogwifhat (WIF) in December 2023 and has since seen a staggering 118,967% return on their investment. The […]

On 29 May 2024, PayPal Holdings, Inc. (NASDAQ: PYPL) announced at Consensus 2024 that its stablecoin, PayPal USD (PYUSD), is now available on the Solana blockchain. This move aims to make PYUSD transactions faster and cheaper for consumers, enhancing the usability of PayPal’s stablecoin. The integration of PYUSD on the Solana blockchain is significant due […]

Wall Street giant JPMorgan Chase has expressed skepticism about the potential approval by the U.S. Securities and Exchange Commission (SEC) of a spot Solana ($SOL) exchange-traded fund (ETF), or on the approval of such a fund offering exposure to other altcoins. JPMorgan’s managing director and global marketing strategist Nikolaos Panigirtzoglou noted that the SEC’s historical […]

Cryptocurrency investment products saw over $1.05 billion in inflows over the past week with Bitcoin (BTC) products seeing $1.012 billion and Ethereum focused products seeing $35.5 million of inflows. According to CoinShares’ latest Digital Asset Fund Flows report, other altcoin investment products saw inflows with Solana (SOL) products standing out after seeing $8 million of […]

Blockchains have diverse architectures, leading to interoperability challenges. Fortunately, various third-party solutions like bridges, extensions, wrapped assets, and cross-chain protocols enable asset utilization across different ecosystems and wallets. While it’s not possible to manage SOL and SLP tokens directly on MetaMask, we can still use a third-party to manage our Solana-based funds, all while remaining […]

The potential approval of spot Ether exchange-traded funds (ETFs) in the United States has helped boot the cryptocurrency market significantly and is a significant step forward in cryptocurrency regulation, according to brokerage firm Bernstein, which suggested that Solana ($SOL) exchange-traded funds could follow. According to a recent research report from the brokerage firm, which comes […]

On 22 May 2024 when Brian Kelly, a notable crypto investor and CNBC’s ‘Fast Money’ trader, suggested that Solana (SOL) could be the next cryptocurrency to get a spot exchange-traded fund (ETF) in the United States. Kelly’s prediction has ignited a lively debate among industry experts and market observers. Kelly is a financial analyst and […]

Syncracy Capital, a thesis-driven hedge fund focused on high conviction, concentrated investments in the cryptoeconomy, was founded in 2022 by Daniel Cheung and Ryan Watkins. The fund is known for its strategic bets on the secular winners of the crypto economy, and its latest focus is on the Solana blockchain’s native token, SOL. On 16 […]

A cryptocurrency trader has sold their $GME, a memecoin that saw its price explode on the Solana blockchain after a meme stock frenzy surrounding GameStop resurfaced earlier this month, for a loss of over $122,000 after capitulating. According to data shared by on-chain analysis service Lookonchain, the cryptocurrency trader sold their memecoin that use the […]

The revenue cryptocurrency users can get for staking some of the most popular digital assets has dropping significantly over the past year, with the yield earned for staking Ethereum ($ETH), for example, plunging from over 5% to around 3.18% at the time of writing. That’s according to data from CCData shared with CryptoGlobe, which shows […]

A cryptocurrency trader managed to, in the span of just 5 minutes, turn just 9 Solana ($SOL) tokens worth around $1,470 into 1,238 SOL worth over $200,000, to secure a gain of 137x in little time. According to data shared by on-chain analysis service Lookonchain, the trader spent the 9 SOL tokens to buy 28.58 […]

On May 15, Robinhood Crypto announced that it is making a significant push to enhance its services for European customers, introducing a suite of new features aimed at improving accessibility and user experience. The announcement includes the rollout of crypto staking, localized apps, and a 10% bonus on net buys for new users within their […]

Cryptocurrency investment products saw inflows of $130 million over the past week, with Solana ($SOL) leading institutional investment among the altcoins it’s possible to get exposure to via these products. According to CoinShares’ latest Digital Asset Fund Flows weekly, investment products offering exposure to the flagship cryptocurrency Bitcoin saw inflows of $144 million, while products […]

In a stunning turn of events, cryptocurrency exchange FTX, which collapsed in November 2022, has accumulated billions of dollars more than the amount needed to cover customer losses. This extraordinary development sets the stage for a rare outcome in U.S. bankruptcy proceedings, where creditors are poised to receive full recoveries plus interest. The FTX bankruptcy […]

In the fast-paced and often unpredictable world of cryptocurrency trading, emotions can play a significant role in the decision-making process. A recent example of this phenomenon involves a Solana (SOL) trader who experienced a substantial loss of $37,000 while speculating on a meme coin called $DEVIN. The incident, reported by Lookonchain, highlights the dangers of […]

A ‘patient’ cryptocurrency trader has managed to turn around $8,600 into over $1.26 million after investing in a little-known cryptocurrency and holding onto it for two months to secure their gain of 144x. That’s according to data from on-chain analysis service Lookonchain, which  revealed that the trader spent a total of 60 SOL tokens with […]

A cryptocurrency trader has managed to turn 500 Solana ($SOL) tokens worth around $67.000 into 5,789 SOL worth over $780,000 in just 15 minutes after managing to “snpe” a large portion of a newly launched cryptocurrency’s supply. According to on-chain analysis service Lookonchain, the cryptocurrency ‘sniper’ managed to acquire 665 million $QUACK tokens as they […]

The price of smart contract platform Solana ($SOL) defied the recent crypto market slump with an impressive price surge today, climbing over 10% in the last 24 hours to hit $138.2 at the time of writing. This upswing can be attributed to a combination of positive developments within the Solana ecosystem and a shift in […]

Cryptocurrency investment products saw their third consecutive week of outflows last week with around $435 million leaving these products in the largest weekly outflow since March 2024, but despite the outflows multi-asset and Solana-focused products saw significant inflows. According to CoinShares’ latest Digital Asset Fund Flows weekly report, cryptocurrency investment products also saw trading volumes […]

In an astonishing display of cryptocurrency trading, a Solana ecosystem trader turned an initial investment of $49,000 into nearly $2 million within just five hours. This trade involved Tori the Cat (TORI), a newly launched meme coin, sparking significant concerns about potential insider trading. The transaction unfolded when the trader purchased 261.4 million TORI using […]

Pantera Capital has emerged as one of the successful bidders in the latest auction of Solana tokens, orchestrated by the administrators overseeing the bankruptcy proceedings of the now-defunct cryptocurrency exchange, FTX. According to a report by Bloomberg News, this recent development involves the acquisition of approximately 2,000 SOL tokens, a sale that has not been […]

A Solana-based trader has recently realized substantial profits from trading various meme-themed tokens on the Solana blockchain, as reported by blockchain analysis firm Lookonchain on April 26. The trader, identified by their Solana Name Service account “paulo.sol,” made strategic investments in several memecoins, including Dogwifhat (WIF), Jeo Boden (BODEN), and Bonk (BONK), resulting in a […]

A popular cryptocurrency analyst known in the space for accurately predicting the cryptocurrency market bottom during the 2018 bear market has recently said the price of Solana ($SOL) is “gearing up for a violent breakout.” In a post shared on the microblogging platform X (formerly known as Twitter) with over 250,000 followers, the popular pseudonymous cryptocurrency analyst […]

Mango Markets, a decentralized exchange (DEX) on the Solana blockchain, suffered a major exploit in October 2022. The attacker, crypto trader Avraham Eisenberg, manipulated the price of Mango Market’s native token (MNGO) to drain approximately $110 million in various cryptocurrencies from the platform. Despite the exploit, Mango Markets has relaunched with a modified structure (dubbed […]

Large investors on the Solana blockchain, colloquially known as whales, have been buying up memecoins amid a recent cryptocurrency market downturn that has seen the prices of these assets plunge. According to data shared by on-chain analysis service Lookonchain, these Solana whales actively started accumulating memecoins as prices started dropping, with two major whales accumulating […]

A popular cryptocurrency analyst known in the space for accurately predicting the cryptocurrency market bottom during the 2018 bear market has recently revealed he believes the price of smart contract platform Solana ($SOL) will go “higher” from its current level. In a post shared on the microblogging platform X (formerly known as Twitter) with their […]

In a blow to the burgeoning world of decentralized finance (DeFi), Edgar Pavlovsky, the chief executive of Marginfi, a Solana-based lending platform, has abruptly resigned in a departure that triggered a wave of investment withdrawals and saw the platform total value locked (TVL) drop by 25%. Marginfi confirmed Pavlovsky’s resignation over disagreements with the company’s […]

On 9 April 2024, day one of the three-day Paris Blockchain Summit, during a highly informative segment on CoinDesk TV’s “Markets Daily,” Jan van Eck, CEO of VanEck, offered a wealth of insights on the dynamics shaping the cryptocurrency market in 2024. The VanEck CEO noted that Europe is ahead of the United States in […]

The price of the native token of a Solana-based non-fungible token (NFT) marketplace has skyrocketed by around 70% shortly after being listed on the popular cryptocurrency trading platform Coinbase. The price of the cryptocurrency shot up shortly after being listed on Coinbase with the exchange’s Experimental label, used to mark tokens that are new to the […]

Jeo Boden, a Solana-based memecoin inspired by President Joe Biden, reached a new peak on Monday, exceeding the $1 mark for the first time before dropping and settling at around $0.817. The cryptocurrency surged by over 170% over the past week and over 400% over the last month. Analysts were divided on the coin’s future. […]

Cryptocurrency investment products saw inflows of $646 million over the past week, bringing year-to-date inflows to their highest level ever at $13.8 billion, surpassing the previous record of $10.6 billion seen in 2021. These inflows come after the price of the flagship cryptocurrency Bitcoin ($BTC) surged by more than 66% year-to-date to now trade at […]

Guy Turner, a prominent crypto analyst and the co-host of the Coin Bureau, delves into the potential and developments of Solana (SOL) in a recent video update. Turner kicks off the video by acknowledging the cryptocurrency community’s anticipation for which large-cap altcoin will follow Bitcoin’s lead in hitting a new all-time high. He claims Solana […]

The allure of getting in early on a promising new cryptocurrency can be powerful and various traders have been successful at doing so, but a recent incident involving the launch of a coin called $PUNDU highlights the significant dangers associated with impulsive buying on new listings. On-chain analysis service Lookonchain has recently revealed that an […]

A cryptocurrency trader has, while looking to trade lesser-known digital assets on the Solana ($SOL) network, managed a loss of $46,000 in just three minutes after the price of the token, Milady Wif Hat ($LADYF) plunged. According to on-chain analysis service Lookonchain, the trader invested 300 Solana ($SOL) to buy the cryptocurrency in a trade […]

On March 21, Austin Federa, Head of Strategy at Solana Foundation gave an insightful interview on CNBC, discussing the state of the cryptocurrency market, developer activity on blockchain platforms, and the future of the industry. Solana Foundation is a non-profit organization dedicated to supporting and growing the Solana blockchain ecosystem. They focus on enhancing the […]

A cryptocurrency trader has managed to make a profit of over $3 million trading a newly launched Solana-based memecoin within just 12 minutes after betting nearly $2 million on it right after it started trading. According to on-chain analysis service Lookonchain, the trader spent 9,894 SOL tokens worth $1.98 million on the meme-inspired cryptocurrency $SLEF […]

Amidst a turbulent week for cryptocurrencies, macro-economist Alex Krüger has provided a crucial breakdown of the factors leading to the market’s downturn. With a significant decline in Bitcoin’s value leading the charge, the cryptocurrency landscape has seen a ripple effect, impacting a broad spectrum of digital currencies. Here, we delve into Krüger’s analysis, enriched with […]

The recent surge in memecoins has seen a trader, identified on-chain by the alias “sundayfunday.sol,” turn a $72,000 investment into a staggering $30 million within just three days trading a little-known cryptocurrency. According to on-chain analysis service Lookonchain, “sundayfunday.sol” bought the meme-inspired cryptocurrency Book of Meme (BOME), launched on the Solana blockchain last week, through […]

A newly launched memecoin has seen a dramatic price rise of over 3000% over the past 24-hour period, and a cryptocurrency trader has managed to take advantage of its rise by betting 50 $SOL, worth around $9,000, in the cryptocurrency. Its rise has seen them make a profit of over $123,000. According to on-chain analysis […]

A prominent cryptocurrency analyst has recently expressed his optimism for Ethereum competitor Solana ($SOL), saying that the “floodgates open soon” for the cryptocurrency as it “looks like it’s been vertically accumulating” since it hit a low on January 23. According to pseudonymous cryptocurrency analyst Bluntz Capital, the price of Solana has been in an accumulation […]