Pye Finance has secured $5 million in seed funding as institutional demand for programmable staking accelerates on Solana. The round was led by Variant and Coinbase Ventures, with participation from Solana Labs, Nascent, Gemini and others. The startup is building what it describes as the first onchain marketplace for time-locked staking positions on Solana. Pye…
Advertisement     The recent drop in Bitcoin dominance is pointing towards a major altseason, according to one popular analyst. This could be a major development for crypto traders, as both Bitcoin and altcoins are currently reeling from sustained attacks by bearish forces that have resulted in the overall digital currency market losing more…
A new bridge connecting Base, the layer 2 incubated by Coinbase, and the Solana blockchain is now live on mainnet, giving users and developers a way to move assets directly between the two ecosystems. Secured by Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Coinbase, the Base-Solana bridge enables trading and usage of Solana-based tokens, including SOL…
Cryptocurrencies are finally bouncing from their relative lows, with Bitcoin reclaiming the $90,000 level after bottoming near $80,500 on Friday, November 21. Traders are scared, and for good reason: elevated valuations and an ecstatic mood in early autumn had led to extreme positioning, which consequently triggered a cascade of liquidations and stops. The first major…
Join Our Telegram channel to stay up to date on breaking news coverage CoinShares has withdrawn its application for a staked Solana ETF (exchange-traded fund) with the US Securities and Exchange Commission (SEC). The withdrawal comes at a time of increasing competition in the crypto ETF segment and with regulatory requirements evolving. “The Registration Statement…
Join Our Telegram channel to stay up to date on breaking news coverage The Solana price has rise over 1% in the last 24 hours to trade at $139 as of 4:00 a.m. EST on a 38% decrease in the daily trading volume to $5.7 billion. That slight jump in the SOL price comes as…
Fidelity is entering the solana SOL$137.13 exchange-traded fund (ETF) market with the Fidelity Solana Fund (FSOL), the firm’s third crypto exchange-traded product and its first to include a staking feature. FSOL, which starts trading Tuesday on NYSE Arca, brings one of the largest asset managers to a still-young corner of the Solana ETF market. Until…
According to CoinDesk Research’s technical analysis data model, solana SOL$141.85 crashes through critical support levels in a dramatic Wednesday session. The token plunged 5.24% to $145.43, erasing gains from the previous week. Trading volume exploded 13.23% above weekly averages as institutional selling dominated price action. The breakdown accelerated during the final trading hours. SOL collapsed…
Solana setzt sich weiterhin über die Skeptiker hinweg. Die beiden US-Spot-Solana-Exchange-Traded Funds (ETFs) haben nun zehn aufeinanderfolgende Tage mit Nettozuflüssen verzeichnet, was auf eine starke Anlegernachfrage trotz jüngster Marktrückgänge hinweist. Daten zeigen, dass die Fonds allein am Montag weitere 6,78 Millionen Dollar einbrachten, wodurch ihre gesamten Nettozuflüsse seit dem Start die Marke von 342 Millionen…
Der Kryptomarkt zeigt seltene überverkaufte Signale — und dieses Mal ist es nicht nur $Bitcoin, das Erschöpfung zeigt. Die gesamte Marktkapitalisierung des Kryptomarktes ohne BTC ist auf etwa 1,31 Billionen USD gefallen, wobei der Stochastische RSI extrem überverkauftes Territorium erreicht hat, was darauf hindeutet, dass Altcoins für einen Aufschwung bereit sein könnten. Solche Phasen tiefer…