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news-imageDecember 27, 2024

‘Agents' swarm inaugural Solana AI hackathon

The inaugural Solana AI hackathon concluded on Monday. Over 400 projects threw their respective hats in the ring for a contest offering cash prizes but more importantly the prospect of potentially-lucrative attention to so-called AI agents, which are currently flooding crypto social feeds.
Publisher: Blockworks
Sentiment: Neutral
SOL

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Positive
cover-imageCryptopolitan
December 28, 2024

Volatility shares files for Solana futures ETF

Volatility Shares LLC has proposed a futures-based Solana ETF to the SEC, offering 1x, 2x, and -1x leverage options. The ETF will trade on CFTC-registered exchanges, providing regulated exposure to Solana's price movements.

Negative
cover-imageCointribune
December 28, 2024

Solana Collapses By 30% After A Historic Record

Since the end of November 2024, the prices of Solana (SOL) have fallen by more than 30%, raising concerns among investors and crypto enthusiasts. This significant decline comes after a period of strong growth, where Solana had reached historical highs.

Positive
cover-imageCoinPedia
December 28, 2024

VolatilityShares Files For Futures-Based Solana ETFs

Volatility Shares, a financial firm known for its novel exchange-traded funds, has submitted an application to the U.S. Securities Exchange Commission (SEC) for an exchange-traded open-end index fund (ETF) based on Solana futures, a new line of ETFs. This move aims to provide investors new opportunities to leverage the Solana blockchain ecosystem.

Positive
cover-imageCryptonews
December 27, 2024

Solana Defies Bearish December, DEX Trading Volume Surpasses $100B

Solana DEX trading volumes exceeded $100B in December 2024, outpacing Ethereum and Binance Smart Chain. With Raydium leading single-chain DEXs and Solana's TVL soaring by 57%, the blockchain's efficiency and scalability continue to attract DeFi users. SOL price, however, saw a 20% decline. The post Solana Defies Bearish December, DEX Trading Volume Surpasses $100B appeared first on Cryptonews.

Negative
cover-imageNewsBTC
December 27, 2024

Solana Dips Below $194 – A Continued Consolidation In Sight?

Solana price action is at a critical juncture, with the cryptocurrency testing market's patience, it hovers just below the pivotal $194 resistance level. This threshold has emerged as a significant hurdle as bulls struggle to sustain enough momentum to power a breakout despite recent attempts to push higher.

Positive
cover-imageThe Currency Analytics
December 27, 2024

Solana Mimics Bitcoin's 2024 Rally – Potential New ATH in Q1 2025

Solana (SOL) has recently exhibited price action that mirrors Bitcoin's early 2024 behavior, raising expectations of a potential rally in the coming months. Bitcoin's price surged from $47,080 to $74,000 in early 2024, largely driven by significant buy-ins at key support levels around $45,000.

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