The crypto market continues on a rough patch, with altcoin posting lower volumes compared to last month. This comes after the sharp price drop wiped out gains recorded in January as market confidence declined.

Solana meme coins bearing Elon Musk's X account name plummeted on Wednesday after the tech CEO ditched his new moniker, “Harry Bōlz.”

This is a segment from the Lightspeed newsletter. To read full editions, subscribe.

U.S.-based asset management firm Franklin Templeton has added Solana to its list of blockchains supporting trading its OnChain Money Market Fund (FOBXX). This recent development signals the growing interest in the Solana blockchain from tokenization issuers.

The projections for Solana price are coming into the limelight again as Coinbase Derivatives gears up to launch its SOL Futures contract product later this month. According to the filing, the product will launch based on self-certification on February 18.

Solana (SOL), one of the prominent blockchain platforms known for its speed and scalability, has been struggling recently amid increased selling pressure. As of February 12, 2025, the token's price has dipped below the key $200 threshold, showing a 5% drop and signaling a potential bearish trend in the market.

Neiry Lab, the research firm behind the Pythia AI rat experiment, is set to roll out a feature that will pay users to sell their EEG data.

Crypto streaming music platform Audius is marking 250 million total plays with an airdrop for artists—and rewards ahead for users, too.

BNB Chain has launched the BNB AI Hack, a new hackathon aimed at integrating artificial intelligence with blockchain technology.

Wall Street giant Franklin Templeton said on Wednesday that its OnChain U.S. Government Money Fund, aka FOBXX, is now available on Solana.

Bitcoin bears are finding it difficult to pin the price below $95,000, indicating solid demand at lower levels.

While the broader crypto market struggles, BNB has outperformed major assets like Bitcoin and Ethereum, gaining over 12% in the past week. This bullish movement has reignited interest in Binance Smart Chain (BSC) tokens, particularly memecoins, which thrive in speculative environments.

Franklin Templeton, a financial services company with $1.6 trillion of assets under management, has launched its US government money fund on Solana.

Franklin Templeton launches Benji app on Solana, expanding access to tokenized securities and boosting Solana's institutional adoption.

Franklin Templeton's tokenized money market fund, FOBXX, is now available on Solana, following previous deployments on Ethereum, Base, and other networks. This move highlights Solana's role in institutional adoption and blockchain-based financial solutions. The post Franklin Templeton Launches Tokenized Money Market Fund (FOBXX) on Solana appeared first on Cryptonews.

TL;DR io.net launched IO Intelligence, a platform that integrates vector databases, intelligent agents, and open-source AI models. Its distributed architecture allows data to be processed locally while delegating intensive tasks to the cloud, improving privacy and performance.

Franklin Templeton's move into Solana's ecosystem could accelerate blockchain adoption and reshape the landscape of digital finance. The post $1.5 trillion Franklin Templeton launches tokenized treasury fund on Solana after hinting at SOL ETF filing appeared first on Crypto Briefing.

Crypto analyst Ali Martinez has identified critical resistance levels that could determine whether Binance Coin (BNB) continues its upward trajectory toward $800. His analysis highlights three major simple moving averages (SMA)—the 50, 100, and 200 SMA—that currently act as strong barriers to further price growth.

TL;DR Franklin Templeton has integrated its FOBXX fund into Solana to leverage its speed and security, expanding its availability beyond networks like Ethereum, Base, and Polygon. The fund maintains a stable $1 per share price and is backed 99.5% by U.S. government securities, cash, and repurchase agreements.

Franklin Templeton, a leading trillion-dollar asset management firm, has expanded its offerings by launching a tokenized version of its US government money fund on the Solana blockchain.

Binance's BNB token has skyrocketed 3.5% in the past day but is now facing resistances across various simple moving averages and Fib. levels.

Franklin Templeton has officially expanded its tokenized money market fund to Solana. The asset manager, whose crypto traction includes the launch of spot Bitcoin and Ethereum exchange-traded funds, now offers its Franklin OnChain U.S. Government fund on Solana (SOL).

Solana (SOL), the fifth largest digital asset by market cap, has once again slipped below the crucial $200 mark as the broader cryptocurrency market remains in the red. The pullback comes amid a general market drop, with major cryptocurrencies struggling to maintain recent gains.

The move comes after Securitize linked to Solana to bring tokenized real-world assets to the network.

While most altcoins struggle in a volatile market, BNB's resilience is a standout.

The Franklin OnChain U.S. Government Money Fund has integrated with the Solana blockchain, adding to its existing presence on multiple networks.

In an X post, Franklin Templeton announced that its Franklin OnChain US Government Money Fund (FOBXX) is now live on the Solana network. The asset manager highlighted Solana's speed, security, and censorship-resistance, promoting global adoption through its open infrastructure.

FOBXX, which invests in U.S. government debt, launched on Stellar and trades on Coinbase's Base, Aptos and Avalanche as well as Sui.

Solana (SOL) is navigating significant volatility, mirroring broader corrections, currently trading at $191 at the press time.

Metaplex (MPLX), a decentralized platform on Solana, is attracting attention after surging 2,100% in two months. The altcoin, trading near $0.29 support, shows bullish momentum with rising volume and positive market sentiment.

Trillion-dollar asset manager Franklin Templeton has launched its tokenized money fund on the Solana network, just a day after filing for a Solana Trust. This development provides a bullish outlook for the Solana price, which is currently struggling to stay above $200.

The market bounce back has not lasted long, and most of the coins are back to the red zone, according to CoinStats.

BNB has seen strong gains despite a broader cryptocurrency market downturn, as major tokens like bitcoin and ether experience price declines.

Bitcoin and other altcoin prices traded lower on Wednesday after the U.S. released hotter-than-expected consumer inflation data. Bitcoin (BTC) fell by 3%, while other popular altcoins saw steeper declines.

Bears are coming back to the game after a few days of growth, according to CoinMarketCap.

Solana has struggled to breach the critical $201 resistance level, falling below it a week ago. Despite favorable market conditions that could support a recovery, the lack of investor confidence remains a significant concern.

Solana price remains below the $200 mark as market uncertainty lingers, intensifying bearish pressure. The broader crypto market has seen corrections, impacting major assets like Bitcoin (BTC), which now trades near $96k.

TL;DR Franklin Templeton has registered the “Franklin Solana Trust” in Delaware, signaling potential entry into the Solana spot ETF market. The move aligns with industry trends and follows similar applications from Canary Capital and Grayscale, increasing the chances of SEC approval.

Crypto prices witness shakeups amid United States trade wars and evolving policy stances. The last headwind for the market is Donald Trump's new tariff on steel and aluminum in the United States.

Attention in the crypto sector is shifting away from memecoins and moving towards large-cap layer-1 projects, according to the digital asset analytics firm Santiment. Santiment notes traders are more focused on Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Toncoin (TON) and Cardano (ADA), which the firm says suggests a healthier crypto market dynamic.

Bitcoin dipped below $95,000 early in today's trading as a key support level crumpled. The flagship cryptocurrency is struggling to reclaim $96,000 and is currently trading around $95,450.

The institutional interest in Solana grows with Franklin Templeton

The SEC is reviewing multiple Solana ETF applications from major financial institutions, including new entrant Franklin Templeton, as part of a 21-day public comment period

Franklin Templeton registered “Franklin Solana Trust” in Delaware. The asset management firm will soon join the list of firms filed for Solana spot ETF.

On Tuesday, the U.S. Securities and Exchange Commission acknowledged several Solana-based exchange-traded fund applications, signaling progress on new altcoin funds entering the US market. Observers see the move as a shift from how the regulator had previously considered such financial instruments.

Solana wobbles, stumbles, falls below $200. Its volumes evaporate (-28%), its future oscillates between shipwreck and ETF miracle.

Solana (SOL) has recorded mixed institutional patterns in the last 48 hours, with bulls looking to recover. Crypto whales have withdrawn the asset from centralized exchanges, backing a long-term price surge despite the general market sentiment.