Nasdaq-listed Upexi has raised $100 million in fresh funding, with most of it slated to go towards establishing a Solana treasury reserve.
This is a major win for Solana as its utility spreads across the board.
In a move that signifies further crypto adoption by institutional investors, Cathie Wood's ARK Invest has made its first direct purchase of Solana's native token (SOL).
Solana is showing signs of strength as it pushes above a key resistance level, suggesting that bulls are beginning to regain some control after weeks of weakness. The broader crypto market remains volatile, driven by ongoing macroeconomic uncertainty and heightened trade tensions between the US and China.
Ark Invest, the asset management firm owned by Cathie Wood, has gained its first exposure to Solana as the broader financial market expands its adoption of cryptocurrencies. The firm has added exposure to two tech investment vehicles via the 3iQ Solana Staking ETF (SOLQ).
PumpFun has transferred 95,934 SOL, worth approximately $13.34 million, to Kraken, further adding to the total 1,818,889 SOL moved to the exchange in 2025, equating to around $324.06 million. This move marks a continued trend of significant activity surrounding Solana (SOL), reflecting growing investor interest.
Astra Fintech, a global blockchain payments provider, has launched a $100 million fund to support the Solana ecosystem's growth throughout Asia, according to an April 21 announcement. Through the fund, Astra Fintech plans to deploy capital to accelerate projects and form partnerships with developers, companies, and regulators.
Crypto cycles tend to have two big innovations: something real and something ridiculous that distracts retail, pumps the wrong narrative and eventually implodes the market.
Solana's recent bounce has brought it face-to-face with one of the most important resistance levels on the chart.
The crypto market has started the week on a bullish note, registering a jump of over 2% and rising to $2.75 trillion as cryptocurrency prices registered a sharp increase thanks to a perceived threat to the Federal Reserve's independence after President Trump's comments on Fed Chair Jerome Powell.
Upexi Inc.'s shares soared more than 630% on April 21 after the Nasdaq-listed company announced plans to build a Solana (SOL)-based crypto treasury using newly raised funds.
Consensys, Solana and Uniswap quietly donated to the Trump's inauguration fund.
In a crypto market driven by hype, timing, and technology, only a handful of projects rise above the noise. If you're looking for the crypto with the most potential in 2025, it's not just about big names—it's about smart innovation, early entry, and actual utility.
Spot crypto ETFs are currently limited to Bitcoin and Ethereum in the U.S., but analysts expect new approvals this year.
In a notable reversal of market trends, Cardano (ADA) has emerged as the frontrunner for institutional investment in the cryptocurrency space, outpacing industry giants Bitcoin, Ethereum, and Solana in recent weeks.
ARK Invest has added exposure to staked Solana (SOL) to the portfolios of two of its exchange-traded funds (ETFs), the asset manager said in a client email reviewed by Cointelegraph. As of April 21, the two ARK funds — ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF) — now hold shares of 3iQ's Solana Staking ETF (SOLQ), a Canadian ETF holding staked SOL, ARK said.
New filings from the Federal Election Commission show that several major players in the cryptocurrency industry donated a combined total of over $12.27 million to President Donald Trump's 2025 inauguration fund. What Happened: These contributions highlight a growing political alignment between the digital asset sector and the current U.S. administration, which has positioned itself as an advocate for Bitcoin and broader crypto adoption.
Upexi, a brand owner that specializes in supply chain management, is diversifying into the cryptocurrency sector. On April 21, the company announced a $100 million raise, with over 90% earmarked for building a Solana (SOL) treasury strategy.After the announcement, shares of Upexi have skyrocketed from a $2.30 close on April 17 to $16.79 at this writing, marking a 632% jump for the day.
Upexi said Monday (April 21) that it is raising $100 million and plans to use most of the funds to accumulate the cryptocurrency Solana. The company, which is a brand owner that develops, manufactures and distributes consumer products and entered the cryptocurrency industry to diversify its business, plans to use $5.
The US Dollar Index (DXY) plunged below the 98 level on April 21, falling to a three-year low. That catapulted gold to a new all-time high, and Bitcoin (BTC) also showed strength, rising above $88,000.
After a period of bullish performance, Solana seems to be losing its upward momentum. The altcoin faced significant resistance at the $141 level.
New filings from the Federal Election Commission (FEC) reveal that several cryptocurrency firms and their executives made significant contributions to US President Donald Trump's inauguration fund after the results of the 2024 election. According to FEC filings made public on April 20 by the Trump-Vance Inaugural Committee, Uniswap CEO Hayden Adams donated more than $245,000, Solana Labs donated $1 million, and software firm Consensys sent $100,000 in January to support the then-president-elect's inauguration.
Solana (SOL) is currently experiencing aggressive whale accumulation, an on-chain development that suggests the possibility of a price breakout.
Galaxy Digital withdrew $95 million in SOL, signaling confidence in Solana.
Crypto trading firm GSR led a $100 million private placement into Upexi (UPXI), a consumer-goods company pivoting to a digital asset-based treasury strategy.
Solana (SOL) is the best-performing token in the top 5 in terms of weekly gains as it has delivered a 4.4% positive return to investors during this period, aided by the rising popularity of a handful of meme coins.
Bitcoin and most altcoins rose on Monday, continuing a trajectory that started late last week. Bitcoin (BTC) rose to $87,500, while tokens like Kaspa (KAS), Fartcoin (FARTCOIN), Solana (SOL), and Shiba Inu (SHIB) jumped by double digits.
SOL's buying pressure has slowed down over the past four days.
Upexi Inc. surged more than 450% in trading on Monday after crypto investment firm GSR announced a $100 million private investment in the company.
Raydium's LaunchLab enabled the creation of 3,760 new tokens in its first week, but with only a 1.12% graduation rate, Pump.fun still leads Solana's token launches, commanding over 60% of daily creations. The post Raydium's LaunchLab With 3.7K New Tokens Since Launch, But PumpFun Still Dominates Solana appeared first on Cryptonews.
Made-in-USA crypto assets Solana (SOL), SUI, and Aerodrome Finance (AERO) are showing contrasting signals heading into the final week of April, each offering a distinct setup for traders and investors. Solana has rebounded 6% this week, reclaiming the $130 level after a 53% correction earlier in the year.
Solana (SOL) briefly lost its long-standing $125 support, dipping below the range it had defended since late 2023. The move triggered widespread concern, with traders anticipating a significant breakdown.
Solana (SOL) has been riding a wave of hype, with its price climbing above $136 and network activity reaching new highs. Some analysts are going so far as to predict that Solana could eventually host 95% of all crypto users.
Crypto trading GSR lead a $100 million deal into Upexi to help it create a Solana-based cryptocurrency treasury.
The dollar value of staked tokens on Solana has briefly surpassed that of Ethereum, leading to bullish sentiments among SOL holders. According to data from Nansen.ai CEO Alex Svaniek, Solana's staking market cap recently reached $53.96 billion.
Bitcoin surpasses 87,000 dollars again, dragging along altcoins BNB, SOL, and XRP. This bullish movement rekindles debates about its status as a safe haven asset, amid a backdrop of global economic instability.
As the crypto market is experiencing a bullish reversal with its total market cap surging by 3.17% to $2.74 trillion, the Solana price is gearing up for a potential rebound. As traders and investors are looking to capitalize on the token's volatility, analysts unveil key price levels to watch in short term.
In a recent announcement, the company confirmed that Solana token trading is now live on its newly rebuilt platform, OS2. The feature is currently available for select beta users.
Raydium launched its LaunchLab on April 17, 2025. Within five days, Raydium LaunchLab generated 3,787 tokens, achieving a “graduated rate” of 1.14%.
TL;DR NFTs-Driven Acquisition: A Solana-based NFT project, Meatbags, aims to crowdfund the purchase of a Cold War-era nuclear bunker in Rutland, England. Exclusive Community Access: The project will mint 100,000 NFTs, offering bonus tokens to early supporters that double as collectibles and gateway passes to the project's DAO.
Coinbase continues to enhance its services for Solana network users. You've likely noticed faster transactions.
TL;DR Solana briefly surpassed Ethereum in total staked value (TVL), with over $53.9 billion in SOL delegated by more than 500,000 unique wallets.
Solana, XRP, and Cardano see notable increases as Bitcoin regains its digital gold narrative amid global inflation concerns and a weak US dollar.
Solana price today appears to be gaining bullish traction, with the SOL price rebounding strongly from the $120 support zone. Over the past 30 days, the altcoin has gained 8.9%, including a 6.3% rise in the last week. According to Coinpedia Markets, at press time, Solana is trading at $140.
According to data from StakingRewards, Solana (SOL) has overtaken Ethereum (ETH) in staking market capitalization, reaching $53.15 billion compared to Ethereum's $53.72 billion.
A major Solana whale's buyback at a higher price is stirring fresh optimism around the cryptocurrency's near-term trajectory.
Solana briefly overtook Ethereum in total staked value, which restarted debates over whether high staking yields are good or harmful to network growth.