Canadian retail investors now have a third option on their spot crypto exchange-traded fund (ETF) menu, but one analyst says it may not be as big of a deal.
Bitcoin and Solana have emerged as dominant players in the crypto market during an especially turbulent first quarter of 2025. According to the Q1 Crypto Industry Report recently released by CoinGecko, the broader market experienced a major downturn.
So, who's got the ultimate lead?
Crypto research firm Galaxy Research has made a proposal to adjust the voting system that decides the outcome of future Solana inflation following the failure to come to a consensus in a previous vote.On April 17, Galaxy introduced a Solana proposal called “Multiple Election Stake-Weight Aggregation” (MESA) to reduce the inflation rate of its native token, SOL (SOL). The researchers described the proposal as a “more market-based approach to agreeing on the rate of future SOL emissions.
Solana saw increased demand in the $120 accumulation zone, and a bullish trend could follow behind.
Solana's DEX trading volume soars to over $15 billion.
Coinbase has upgraded its infrastructure after receiving user complaints to support the Solana ecosystem better.
Bitcoin is showing signs of recovery as it tests a crucial technical formation that has the potential to change the perception of its recent bearish trends. The market leader may be on the verge of invalidating the death cross, a bearish signal that occurs when the 50-day moving average crosses below the 200-day moving average following weeks of consolidation and erratic trading.
Solana is now at a critical juncture as it trades around a pivotal price level that could determine its short-term direction. After weeks of selling pressure and underwhelming price action, bulls are attempting to regain control—but success hinges on reclaiming higher resistance zones.
Solana surged 7% on Thursday, outperforming major tokens as Canada debuts the world's first Solana spot ETF on the Toronto Stock Exchange. Solana ETF Debut on Toronto Exchange Sparks Rally as SOL Surpasses Ethereum, Bitcoin Gains Solana (SOL) climbed more than 7% on Thursday retaking the $135 resistance level as it outpaced Bitcoin and Ethereum
The crypto market registered a substantial drop on Wednesday before recovering towards the end of the day after Federal Reserve Chair Jerome Powell flagged concerns about inflation and slowing growth due to tariffs. However, markets recovered as crypto remained strong in the face of adversity even though traditional stock markets took a beating.
Cardano (ADA) has been trading below the $0.70 mark since March 29, struggling to regain bullish momentum. Despite brief signs of strength, recent indicators now point to weakening trend conditions.
Galaxy Research has submitted a new proposal to the Solana (SOL) community to reform the network's inflation governance discussion through a method called Multiple Election Stake-Weight Aggregation (MESA), according to a filing published on April 17. The mechanism seeks to introduce a market-driven process to refine the SOL emissions curve without relying on single-outcome votes.
Cryptocurrency trader and analyst Ali Martinez is leaning bearish on Solana (SOL) while updating his outlook on Bitcoin (BTC) and Ethereum (ETH).
The Cardano (ADA) price is currently battling with key short-term resistance levels around $0.63, with the crypto at an important near-term cross roads. The post Cardano Price Analysis: Where is ADA Headed Next? appeared first on Cryptonews.
Coinbase has been working to fix the issues some of its users had when trying to send transfers on the Solana network.
Solana is outpacing Bitcoin, Ethereum, XRP, and other major coins right now, rising to its highest price so far this month Thursday.
In a newly updated 2025 Quarter 1 (Q1) report, CoinGecko says Solana (SOL) is outpacing Ethereum (ETH) in several ways. According to their Q1 Crypto Industry Report, CoinGecko says that Ethereum lost all gains from last year, while the rest of the crypto market cap only fell 18.6% in the first few months of 2025.
Solana price has recovered recently, with the cryptocurrency experiencing a 40% increase in value over the past 10 days. The SOL price surge comes as 71% of traders with open positions on Binance are betting on Solana's upward movement.
In January, Coinbase vowed to improve its Solana transaction processing infrastructure after users experienced withdrawal and depositing issues.
Global economic tensions and trade policy uncertainties continue to create volatility in the crypto market, with SOL navigating these challenges better than many alternatives.
Solana (SOL) and Raydium (RAY) have jumped in the past 24 hours after the decentralized exchange launched a new tool called LaunchLab that competes directly with its former partner, Pump.fun.In late March, Pump.fun launched an automated market maker (AMM) and broke up with Raydium after collaborating for many months. Introducing LaunchLab, Raydium's all-in-one token launchpad.
Coinbase exchange has made significant improvements to its Solana network infrastructure to enhance speed, resiliency, and scalability. The exchange further said that certain technical improvements have been implemented that have boosted performance numbers for Solana transactions on the exchange.
Galaxy Digital's research team has unveiled a proposal to reform how Solana adjusts its token inflation rate. Part of the proposal introduces a new voting mechanism called Multiple Election Stake-Weight Aggregation.
The overall cash inflows to Solana DeFi products have gradually grown in the past few weeks. SOL price has consolidated between $123 and $134 in the past three weeks amid a growing bullish outlook.
President Faustin-Archange Touadéra of the Central African Republic hints at a Solana meme coin-related law, prompting the CAR token to spike.
The Cardano price remains in a deep bear market, having lost over half its value since peaking in November last year. Cardano (ADA) dropped to $0.
Cryptocurrencies have been performing positively in the past week after President Trump hit the pause button on his decision to implement high tariffs on imported goods from all countries.
The crypto ecosystem on Solana is experiencing an unprecedented rivalry. Raydium, a giant in decentralized exchanges, unveils LaunchLab, a token creation platform designed to counter the meteoric rise of Pump.fun.
Solana price has risen by more than 10 percent in the last week and its momentum indicators and fundamentals align for further gains.
The investment universe for non-crypto native investors has largely revolved around Bitcoin and Ethereum ETFs. But that's changing fast with the introduction of a new Solana product on the Toronto Stock Exchange.
Cardano developer Input Output has made a key step forward in advancing the Cardano blockchain. In a tweet, Input Output stated it had submitted its "Cardano Vision - Work Program 2025" proposal to fund the foundational work required for Cardano's long-term growth.
TL;DR SOL Surge Amid Stability: Despite a generally stable crypto market with Bitcoin near $84K and Ethereum around $1,600, Solana surged by 6% to approximately $134. Investor Optimism: The rally in SOL is fueled by renewed investor enthusiasm, strong futures positioning, and confidence in its fast, robust ecosystem.
The crypto investors are looking for Solana and XRP spot ETF approvals, as they witness the impact that Bitcoin and Ethereum exchange-traded funds have on the digital assets' prices. Not only can this provide the much-needed regulatory clarity, especially for the Ripple token, but it could boost its price.
The Solana copy trading bot has focused on speed, with a claimed 15% of trades completed in the same block as the mirrored wallet.
XRP remains one of the most popular coins in the market, with a cult-like community that has supported it for years. With the bullish sentiment surrounding it, the altcoin has performed quite well and continues to inspire support.
Aligning with the broader crypto market trend, Cardano (ADA) and Dogecoin (DOGE) are showing signs of a potential rebound, with analysts remaining bullish. The crypto market is currently on an upward trajectory, with the total market cap reaching $2.66 trillion, representing a modest 0.83% surge.
Solana is experiencing a renewed wave of investor interest, with more than $120 million in liquidity bridged to the network over the past 30 days. The post Over $120M Bridged to Solana in 30 Days, Led by $41.5M from Ethereum appeared first on Cryptonews.
Solana reclaims momentum with a 35% volume jump, renewed liquidity, and bullish signals as institutional interest grows.
Solana (SOL) saw a sharp 14.5% rally from $119.58 to $136.01 between April 11 and 14, signaling strong bullish momentum. However, the altcoin is now undergoing a healthy correction phase, showing signs of consolidation.
Cardano has remained sluggish for a long time, shifting investors' attention away from the token. The volume over the platform has never been constant and has witnessed huge spikes only in times of a massive rise in the bullish dominance, which triggers a strong ascending trend within the markets.
Raydium, a Solana-based DeFi platform, has launched its own memecoin launchpad after Pump.fun severed ties with the automated market maker last month.
SOL price has surged today, soaring more than 7% as robust Solana Network inflows have fueled market confidence. Besides, it also comes amid a broader crypto market recovery, with Bitcoin and most of the altcoins recording significant gains.
HYPE is the other notable gainer from the mid- and larger-cap alts.
Cardano price stuck at $0.61 below key resistance while upcoming Bitcoin staking integration could potentially drive major growth.
Solana sees $120 million in network inflows and Canadian ETF approval, but technical indicators show mixed signals for SOL's price direction.
Solana (SOL) eyes a 40% breakout as it forms a bullish inverse head and shoulders pattern, bolstered by Canada's launch of North America's first spot Solana ETFs.
This Solana ETF is set to begin trading on the Toronto Stock Exchange (TSX) on April 16, 2025. The new ETF is backed by a $50 million lead investment from SkyBridge Capital.