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news-imageDecember 19, 2024

24.45 Million Solana (SOL) Open Interest Hints at Potential Rebound Ahead

Solana (SOL) investors were disappointed after the coin experienced a massive decline from its all-time high (ATH) of $264 in November. Recent metrics indicate Solana could witness a rebound to new price levels.
Publisher: UToday
Sentiment: Positive
SOL

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Positive
cover-imageBitcoin
December 19, 2024

Solana's Dapps Revenue Hits Record $365 Million

The Solana dapp ecosystem reached significant monthly revenue numbers in November, with Pumpfun crossing the $100 million mark. Solana Dapp Revenue Goes Parabolic Solana's decentralized applications (dapps) hit an all-time high of $365 million in November. According to Syndica research, Solana's total dapp revenue of $365 million exceeded Solana's network revenue of $92 million.

Positive
cover-imageCointribune
December 19, 2024

Crypto: Solana Shatters Records In 2024 Thanks To Memecoins!

In 2024, Solana experienced spectacular growth in the field of decentralized applications (DApps), largely thanks to the rise of memecoins. According to a crypto report, Solana-based DApps generated revenues of $365 million in November 2024, with memecoins leading this growth.

Negative
cover-imageUToday
December 19, 2024

Next Key Solana (SOL) Support Revealed

Because it is still stuck in a descending channel, Solana is still showing bearish momentum, which suggests that the asset is under more pressure. SOL is now trading at about $210 after gradually declining, failing to maintain its prior highs of about $280.

Positive
cover-imageCryptoSlate
December 18, 2024

Bitwise debuts Solana staking ETP on Deutsche Börse Xetra

Bitwise Asset Management has introduced the Bitwise Solana Staking ETP (BSOL) on Deutsche Börse Xetra, providing institutional and retail investors with streamlined access to Solana's (SOL) staking rewards. The new product is designed to deliver superior returns and transparency, strengthening Bitwise's position in Europe's crypto investment market.

Positive
cover-imageThe Cryptonomist
December 18, 2024

Bitwise expands the presence of Solana with the ETP BSOL

Bitwise has launched a new ETP (Exchange-Traded Product) dedicated to Solana, identified with the ticker BSOL, which offers an innovative opportunity for investors interested in the cryptocurrency sector. This product combines the ease of access to digital assets with a significant added value: the rewards generated from staking Solana (SOL).

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