SOL has formed an ascending triangle over 36 days, with analysts eyeing a breakout above $207 that could fuel a major rally. A closely watched crypto analyst has identified an important technical pattern forming on Solana’s chart, suggesting the digital asset is on the cusp of a major upward move. After more than a
Allmight’s Kevin Ricoy blasted the Solana Foundation, calling it elitist and urging a shutdown date to redirect funds to grassroots builders. Kevin Ricoy, founder of crypto media startup Allmight, has ignited a fiery debate in the Solana ecosystem after he wrote a scathing open letter urging the Solana Foundation to set a date for
Optimism (OP) tops weekly cliff unlocks at $91.5M, outpacing the likes of Arbitrum ($47.8M) and LayerZero ($51.1M). Crypto markets are preparing for a wave of new digital assets between September 15 and 22. Data from the Tokenomist website shows that major projects, including Solana (SOL), Avalanche (AVAX), and Dogecoin (DOGE), will unlock more than
Solana’s record inflow amid Bitcoin’s resurgence and AuM hit $239 billion, near early August highs. Investor confidence in Bitcoin saw a powerful comeback as the asset drew $2.4 billion in inflows. This figure is its biggest weekly tally since July. Meanwhile, short-Bitcoin products lost ground, with outflows trimming their assets under management to $86
While Ethereum laid down the groundwork for smart contracts,21Shares found that Solana’s speed and cheap transactions are driving adoption across a broader spectrum, faster than Ethereum. Solana’s revenue engine has matured at a pace few in the industry could have anticipated, and has now clearly surpassed Ethereum’s early growth trajectory. From meme coin mania,
Hype around Solana and XRP ETFs appears to have cooled, with inflows tapering to $93.3 million and $61.6 million as traders reassess the market. Even as crypto prices dipped following renewed US-China tariff tensions, investors poured $3.17 billion into digital asset funds last week. The week closed quietly with just $159 million in outflows
Bitcoin faced $946 million outflows last week, yet altcoins like Ethereum, Solana, and XRP gained millions. Despite turbulence across crypto markets, investors treated Ethereum’s weakness as a buying window. During the week, investment funds dedicated to ETH pulled in $205 million in inflows during the week. The strongest momentum came from a 2x leveraged
The Solana network’s economic activity contracted for the second consecutive quarter. Solana witnessed a notable economic slowdown as its active addresses took a plunge of 30% and operational efficiency collapsed by over 40% in the third quarter of the year. But data suggest that the network’s stablecoin activity came to the rescue. Solana’s Network
Hong Kong investors will soon access Solana via ChinaAMC’s first spot ETF, which joins the company’s existing Bitcoin and Ethereum ETFs. Hong Kong’s financial regulator has granted approval for ChinaAMC’s spot Solana (SOL) exchange-traded fund (ETF), setting the stage for its debut next Monday. The Securities and Futures Commission (SFC) confirmed on its website
Vitalik Buterin and Anatoly Yakovenko debate whether Ethereum’s Layer-2 networks truly ensure security and decentralization. A public exchange between Ethereum co-founder Vitalik Buterin and Solana co-founder Anatoly Yakovenko has gotten attention in the X crypto community. The debate centered on the level of security that Ethereum’s Layer 2 (L2) networks offer. Security and Centralization