BSOL's rapid growth highlights investor confidence in staking rewards, but its dominance poses risks to Solana's market stability if outflows occur. Bitwise's Solana staking ETF crosses $1B in assets under management in just 10 months.
DeFi Development Corp. (NASDAQ: DFDV), the firm that has built its strategy around accumulating and compounding Solana, has introduced a public analytics platform meant to give investors and builders a clearer look at the network itself rather than only the price of SOL.
Charles Schwab, an American financial services company, thinks that crypto assets, including Solana, Avalanche, and Chainlink, have good liquidity and therefore could benefit its customers with big opportunities. This is why the investment firm announced today that it added SOL, AVAX, and LINK to its crypto trading platform.
Solana has attracted attention after rising above $100, due to institutional demand and ETF inflows, a development showing it's ready to test higher levels.
Bitwises Solana Staking ETF (BSOL) has surpassed $1 billion in assets under management, becoming the first Solana-focused exchange-traded fund to reach the milestone less than a year after launch. BSOL recorded more than $126 million in trading volume on Friday, its highest single-day total so far.
Crypto neobank Avici will reimburse 1,685 users in full after a vulnerability in card infrastructure supplied by Rain exposed $500,859.22 in customer balances.
Bitwise's Solana ETF has become the first SOL fund to reach $1 billion in assets under management, signaling rising institutional demand.
SGP-0002, which proposed to double Solana's disinflation rate from 15% to 30%, passed in the nick of time, as Helius CEO Mert Mumtaz resorted to old politics, contacting validators to change their votes after it seemed the proposal would not gather enough support to reach implementation.
From ETF news to a landmark change in how SOL is issued - here's the latest.
Bitwise's Solana Staking ETF (BSOL) has become the first exchange-traded fund tracking Solana to surpass $1 billion in assets under management, less than a year after its launch.
Can continued ETF inflows help push SOL's price to a new benchmark despite short-term weakness?
Solana neobank Avici lost more than $653,000 in an exploit as its AVICI token crashed 27%. Here's what happened.