Assets management firm Grayscale expects Solana's (SOL) rise to continue as it outperforms major crypto assets. In a recent market report, the firm noted that Solana trumped Ethereum this year due to meme coin trading on the network.

Solana has risen by 5% today, climbing to $236 after Grayscale filed to transform its Solana Trust into a ETF. The post Grayscale's Spot Solana ETF Could Ignite SOL to $400 – Here's Why Bulls Are Watching appeared first on Cryptonews.

The cryptocurrency landscape is teeming with innovative projects, but some stand out for their unique inspiration. Enter $MOTH on Solana, a memecoin built around the internet's fascination with $MOTHs and their irresistible urge to become one with the lamp.

Coinbase announced plans to list the meme coins Gigachad and Turbo, causing the prices of both to immediately skyrocket.

Grayscale files with the SEC to convert its Solana Trust into a spot ETF, competing amid Solana's rising popularity.

What makes Pump.fun dominate Solana's DEX market, even as scandals rock its ecosystem and raise questions about its sustainability? Pump.

SOL has lost its spot as the fifth-largest cryptocurrency to BNB.

Solana (SOL) price is currently 12% below its all-time high, which was reached on November 22. Despite this recent pullback, SOL remains one of the year's top performers, boasting an impressive 275.85% gain year-to-date.

Pump.fun achieved $93M in revenue despite controversy and livestream content issues. Solana meme tokens like PNUT and CHILLGUY drive significant platform growth.

As the early excitement of Grayscale filing for Solana fizzles out, Solana faces a minor pullback. But will the growing bullish leverage drive the rally further?

Solana (SOL) price has experienced a remarkable surge, gaining 40% since early November. This growth reflects the broader market's bullishness, highlighting SOL's potential for further momentum.

Binance's asset BNB has risen more than 20%, surpassing Solana to take fifth place among cryptocurrencies in terms of market value. The price of BNB hit a record high of $776, solidifying its position as the market leader.

The Koii Foundation is giving a special gift to 110,000+ Solana Mobile Seeker pre-order token holders. This gift is a free airdrop of their $KOII token.

The breach led to $160,000 in stolen assets, including SOL tokens and other crypto assets, according to Solscan data.

BNB's derivatives market activity has also spiked, with 301% volume growth and a 40% open interest increase, supporting the recent rally.

Joining a competitive race amid Solana's significant market growth, Grayscale Investments has filed with the SEC to convert its Solana Trust into a spot ETF on NYSE Arca.

PancakeSwap, a leader in decentralized finance (DeFi), has unveiled SpringBoard, a streamlined token creation platform designed for the BNB Chain.

Despite the Bitcoin price struggling to take off from the $96,000 support level, Solana comes as a rising altcoin. With Grayscale filing the 19b-4 form to turn its Solana Trust into an ETF, the market sentiments for Solana have significantly improved.

Bitcoin (BTC) is back above $96,000 after suffering a slight pullback which dragged the price to a low of $93,645 late on Tuesday. The cryptocurrency is marginally up over the past 24 hours and is trading around the $96,500 mark, consolidating between $94,000 and $98,000.

Grayscale, one of the giants in cryptocurrency investment, has recently shaken the Securities and Exchange Commission (SEC) by filing a proposal to create a spot Solana ETF. This bold move could signify a turning point in the approval of spot ETFs for cryptocurrencies other than Bitcoin and Ether.

Phantom has assured users it is safe from a critical vulnerability in the Solana/web3.js library, confirming it never used the affected versions, while urging developers to upgrade to version 1.95.8 for enhanced security. The post Phantom Safe from Solana Web3.js Bug; Upgrade to 1.95.8 Urged appeared first on Cryptonews.

Grayscale Investments is working to transform its Solana Trust into a spot ETF on the NYSE Arca, aiming to enhance the accessibility of its $134 million Solana investment fund.

Lightchain AI merges blockchain and artificial intelligence to address the limitations of Ethereum and Solana, paving the way for the next phase of decentralized solutions. #partnercontent

TL;DR Grayscale Investments has filed for a spot Solana ETF with the SEC, aiming to list the Grayscale Solana Trust on the NYSE, providing regulated access to Solana investments. The filing comes amid growing institutional interest in Solana, with Grayscale's Solana Trust managing $134.2 million in assets.

Both Solana (SOL) and Pepe (PEPE) registered whale wallet activity. Whales may indicate an extension of the meme super cycle, or simply prepare for a bigger overall rally.

Can SOL break out of its consolidation zone and reclaim $250? Explore the key levels driving the next major move for Solana.

A detailed analysis revealed that the compromised library versions contained hidden code designed to steal private keys and send them to a specific wallet address.

The crypto market cap hits a new all-time high (ATH) today, surpassing the $3.50 trillion landmark. The Altcoin Season Index by platforms including Blockchain Center and CoinMarketCap indicated the market has entered altcoin season, with confirmation from one of the top analysts Markus Thielen, CEO of 10x Research.

Grayscale Investments' application to convert its $134 million Solana Trust into a spot ETF coincides with a 6% price recovery in SOL, as multiple firms pursue similar products amid growing institutional interest in the cryptocurrency.

Digital assets behemoth Grayscale has become the latest entrant into the Solana ETF race as it seeks to convert its existing Solana Trust (GSOL) into a spot SOL exchange-traded fund.

With the entry of Grayscale in the Solana ETF race, the news has sparked a 3.62% price surge in Solana. This adds to the growing optimism around its future potential in Solana, as it surpasses Ethereum in various DeFi metrics.

A supply chain attack on the Solana network ecosystem was quickly contained during the past day. On Dec. 3, Anza, a Solana-focused development team, revealed that an account with publish access to the solana/web3.js JavaScript library was compromised.

Grayscale has filed with the SEC to convert its Solana Trust into a spot ETF. Competitors like 21Shares and VanEck are also vying for spot Solana ETFs.

Solana is gaining momentum, bouncing back from the $215 level. With its price climbing steadily, SOL could soon challenge the $240 and $250 resistance zones.

Grayscale files for Solana ETF on NYSE, following Bitcoin ETF options approval.

The Solana (SOL) network has grown to a top-tier layer one (L1) blockchain majorly bolstered by the memecoins launched in the past year. Solana's memecoin market cap has scaled to over $20 billion and a daily average traded volume of over $8 billion, led by dogwifhat (WIF), and Bonk (BONK), among others.

Phantom has confirmed that it has not been affected by a vulnerability discovered in the Solana library, i.e. Solana/web3.js.

Grayscale Investments has filed with the SEC to launch a spot Solana ETF, aiming to convert its existing Solana Trust into a publicly traded fund on the NYSE.

Solana started a fresh increase from the $215 zone. SOL price is rising and might aim for a move above the $240 and $250 resistance levels.

As we step into December 2024, altcoin season is in full throttle. The Altcoin Season Index hitting an all-time high of 88/100 signals a massive shift in focus to alts, and Solana is once again in the spotlight.

Solana (SOL) is currently up by more than three percent and is trading close to the $240 levels. The recent price increase comes after Grayscale Investments filed with the SEC to convert its Grayscale Solana Trust into a spot ETF.

Solana (SOL) price has resumed selling pressure after reaching the overhead resistance level of $260.

Solana ETF is gaining more support to be released in the United States after Grayscale, following others' moves to be proposed to the commission.

The cryptocurrency market appears super interesting due to ongoing developments in the industry. Today, December 4, 2024, the giant asset manager Grayscale Investments has officially filed for a Solana Exchange-Traded Fund (ETF) with the New York Stock Exchange (NYSE).

Investments and innovation: Grayscale's strategy in the crypto market.

The New York Stock Exchange filed an application with the SEC to create an ETF based on Grayscale's Solana Trust. This filing joins several other Solana and XRP ETF applications in recent days.

Grayscale Investments has taken another step to expand its footprint in the digital asset market, filing with the US Securities and Exchange Commission (SEC) to convert its Grayscale Solana Trust into a spot exchange-traded fund (ETF).

Crypto-based spot ETFs have gained traction in recent months amid a shift in regulators' attitudes toward digital assets in the U.S.