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Kronos Research’s Vincent Liu expects Solana ETF inflows to continue next week, noting that rotation from Bitcoin and Ether will likely persist. Spot Solana exchange-traded funds (ETFs) continue to attract investor interest, recording their fourth straight day of inflows amid “capital rotation” from Bitcoin and Ether funds. According to data from SoSoValue, spot Solana (SOL)…
SOL investors bet on an ETF approval and set price targets from $300 to $1,000. The ETFs are live now, but Solana price still trades below $200. Did traders sell the news? Key points: SOL remains pinned below $200 even as Solana ETF daily trading volumes impressed analysts. Analysts say SOL price action could mirror…
21Shares has filed for a Hyperliquid ETF, while Bitwise’s Solana staking ETF has a big day of trading as investors perk their ears toward altcoins. Asset manager 21Shares is seeking to launch an exchange-traded fund (ETF) tracking the token behind the perpetual futures protocol and blockchain, Hyperliquid, amid growing Wall Street interest in alternative cryptocurrencies….
A strong first-day haul positions Bitwise’s Solana fund as a test case for US appetite toward staking-based crypto ETFs after new SEC clarity. Investor appetite for staking-focused exchange-traded funds (ETFs) in the United States appears strong, with Bitwise’s new Solana product seeing substantial inflows on its first day of trading. The Bitwise Solana Staking ETF…
Decentralized exchange Uniswap has integrated with Jupiter’s Ultra API, making over a million Solana tokens available on its web app. Decentralized exchange giant Uniswap has added support for the Solana network to its web app, enabling users to link their Solana wallet and trade Solana-based tokens alongside those from other networks. The company stated in…
Fantasy sports crypto platform Sorare is migrating from Ethereum to Solana, with its CEO saying it is a better fit for Sorare due to its scalability and focus on consumer applications. Nicolas Julia, CEO of fantasy sports crypto platform Sorare, said he hasn’t lost faith in Ethereum despite its plan to migrate to Solana —…
Despite SOL’s rebound above $200, Solana faces slowing network activity and stronger rivals like BNB Chain and Hyperliquid. Is $300 before year-end possible? Key takeaways: SOL recovered above $200, but weak onchain activity and rising competition limit the odds of a sustainable rally. Traders show little bearish conviction, yet stagnant network growth and shifting market…
Bitcoin’s brief pullback from its all-time high has not altered the bullish longer-term view, but bulls will have to swiftly push the price above $126,200 to retain the advantage. Key points: Bitcoin experienced profit booking on Tuesday, but the shallow pullback suggests that the bulls are not rushing to the exit, as they anticipate the…
SOL traders saw the drop to $190 as the perfect buy opportunity and with the SEC set to decide on Solana ETFs by October 10, the altcoin could be en-route to new highs. Key takeaways: SOL aggregate volumes show retail traders piling into spot positions as the altcoin rebounded from $190. Traders could be positioning…
Jump Crypto has proposed removing Solana’s fixed compute block limit to prioritize high-performance validators to handle complex blocks over suboptimal validators. Web3 infrastructure company Jump Crypto has proposed removing Solana’s fixed compute block limit to strengthen network performance and incentivize validators with suboptimal hardware to upgrade. Jump, which is building a high-performance Firedancer validator client…