PayPal's embrace of crypto is growing again, with the ability to buy, sell, hold, and transfer Solana and Chainlink coming soon.
Crypto whales are offloading huge Solana (SOL) tokens as the aftermath of President Donald Trump's tariffs kicks in. This becomes a significant hurdle to most bulls' $250 short-term recovery to drive a larger uphill run.
PayPal and Venmo users can now buy, hold, sell and transfer two more cryptocurrencies — Chainlink (LINK) and Solana (SOL) — directly in their accounts. Parent company PayPal Holdings said in a Friday (April 4) press release that it added these tokens in response to feedback from customers.
Stablecoins are “in a bull market of their own,” even as smart contract platforms — including Ethereum and Solana — sputter amid the marketwide tumult, asset manager VanEck said in an April 3 monthly note.The diminished activity on smart contract platforms reflects cooling market sentiment in cryptocurrencies and beyond as traders brace for the impact of US President Donald Trump's sweeping tariff policies and a looming trade war. But stablecoin adoption — a key measure of Web3's overall health — continues apace.
PayPal announced plans to allow US users to buy, sell, and transfer Solana (SOL) and Chainlink (LINK) through its core platform and Venmo, marking the latest expansion in the payments giant's crypto offerings.
Solana has faced significant price corrections recently, erasing gains made in mid-March. The altcoin is currently trading at $116, reflecting a 19% loss over the past ten days.
Investment giant Grayscale is filing to rename its prospective Solana (SOL) exchange-traded fund (ETF) while removing staking from the trust. In a new S-1 Filing with the U.S. Securities and Exchange Commission (SEC), Grayscale says it intends to rename its previously filed trust, Grayscale Solana Trust, to Grayscale Solana Trust ETF.
Solana and XRP are down 15% in the past 30 days amid U.S. tariff uncertainty. Here's why Solana may outperform XRP in Q2 2025 based on current chart setups.
Bitcoin (BTC) price has managed to stay above the $80,000 level as volatility wrecked US stock markets on April 3 and April 4. The failure of the bears to capitalize on the opportunity shows a lack of selling at lower levels.Risky assets were rattled after US President Donald Trump announced reciprocal tariffs on several countries on April 2.
Grayscale has taken the next step in its efforts to launch a spot Solana exchange-traded fund (ETF). On April 4, the digital asset manager filed a Form S-1 with the US Securities and Exchange Commission (SEC), aiming to convert its existing Grayscale Solana Trust (GSOL) into a publicly traded ETF.
TL;DR PayPal will add support for Solana (SOL) and Chainlink (LINK), allowing U.S. users to buy, sell, and transfer them. The company aims to offer more crypto options in a trusted environment, without relying on external platforms.
TL;DR Grayscale submitted an S-1 form to the SEC to convert its Solana Trust into an ETF that would trade on NYSE Arca without including staking rewards. The fund would hold SOL tokens, track the CoinDesk SLX index, and designate Coinbase as custodian, with BNY Mellon as administrator and transfer agent.
Grayscale Investments has officially taken another step toward expanding its cryptocurrency exchange-traded fund (ETF) offerings. The post Grayscale Files New S-1 Form for Solana ETF With SEC appeared first on Cryptonews.
Global payments platform PayPal has expanded its cryptocurrency offerings to include Chainlink (LINK) and Solana (SOL), giving US-based users the ability to buy, sell and transfer the popular tokens. Support for LINK and SOL will be rolled out over the next few weeks and will also be extended to users of Venmo, a US mobile payment platform owned by PayPal, the company disclosed on April 4.
Grayscale has submitted a registration statement with the SEC to convert its Grayscale Solana Trust (GSOL) into an ETF listed on NYSE Arca.
Digital asset manager Grayscale registered with the United States Securities and Exchange Commission (SEC) to list the Grayscale Solana (SOL) Trust exchange-traded fund (ETF) on the New York Stock Exchange (NYSE).The ETF will trade under the ticker symbol "GSOL" and will hold spot SOL as the underlying asset, according to the April 4 S-1 filing. Grayscale announced plans to convert its existing Grayscale Solana Trust into an ETF in its 19b-4 application filed with the SEC in December 2024.
What's behind Fidelity's crypto push—timing, tech, or something more strategic?
Grayscale, the leading cryptocurrency asset manager, has officially submitted an S-1 form to the U.S. Securities and Exchange Commission (SEC) to convert its Solana Trust into an exchange-traded fund (ETF). However, one key aspect is missing as this ETF will not include any Solana staking.
PayPal Holdings, Inc. has announced the extension of its digital asset offering, introducing Chainlink (LINK) and Solana (SOL) as new crypto that can be purchased, held, sold, and transferred on the PayPal and Venmo platforms. This innovation marks another step forward in the company's commitment to providing accessible and secure digital solutions for everyone, directly responding to the requests of its users.
Solana price has stalled at a crucial make-or-break support level that could determine its next direction. After peaking near $300 in January, SOL price now sits around the key level at $120.
Grayscale Investments said on Friday it has filed an application with U.S. regulators for an exchange-traded fund aimed at a Solana blockchain, as the cryptocurrency asset manager looks to tap into the increasing momentum around bitcoin alternatives.
Cryptocurrency trader Ali Martinez believes Dogecoin (DOGE) is at a critical level that could determine its price direction over the near term. Martinez tells his 134,800 followers on the social media platform X that Dogecoin is at a “make-or-break level” of around $0.16.
The price of Solana fell to a 13-month low on Thursday.
PayPal has broadened its cryptocurrency services for U.S. customers by adding Solana (SOL) and Chainlink (LINK) to its platform.
The crypto market remained firmly in the red as it continued to grapple with market uncertainty and volatility following the introduction of heavy tariffs by President Donald Trump. As a result, Bitcoin (BTC) and Ethereum (ETH) experienced considerable declines.
Grayscale, the leading cryptocurrency asset manager, has filed to launch a Solana exchange-traded fund (ETF).
Solana whales have started offloading their tokens to cash in on their gains from a staking play that began four years ago. In April 2021, four whale addresses staked 1.79 million Solana (SOL) tokens, then worth about $37.7 million.
TL;DR The viral Web3 game “Infected” has abandoned Ethereum's Base network due to scalability issues and high gas fees during its launch. The developers argue that the problem isn't just Base, it reflects a deeper, fundamental issue with all EVM chains, while Solana offers a smoother, user-focused experience.
Solana faces bearish pressure, dropping 8% to $115 amid market turbulence, with analysts warning of a potential decline below $100 despite ecosystem growth and Fidelity's spot Solana ETF filing. The post Crypto Analyst Sounds the Alarm on Solana Price: Could SOL Fall Below $100 Despite Fidelity ETF Filing? appeared first on Cryptonews.
It's been three weeks since Solana's validators failed to pass SIMD-0228, a governance proposal that aimed to shift Solana's issuance to a market-based mechanism and reduce inflation in the process. But while validators — who earn their keep partly from Solana inflation — voted the measure down, issuance still doesn't feel like a settled question.
Grayscale's move to launch a Solana ETF could enhance institutional access to crypto markets, potentially boosting Solana's market presence. The post Grayscale files S-1 for spot Solana ETF with SEC, staking excluded appeared first on Crypto Briefing.
Solana has experienced its largest single-day token unlock, with more than $200 million worth of SOL entering circulation as investor interest in the network weakens. According to blockchain analytics platform Arkham Intelligence, over 1.3 million SOL tokens were released from staking on April 4.
A closely followed crypto strategist believes that one Ethereum (ETH) competitor may have reached a local bottom amid a broad market sell-off. Pseudonymous analyst Inmortal tells his 231,100 followers on the social media platform X that Solana (SOL) may be presenting a rare buying opportunity after hitting the 24-hour low of $112.
The team behind Infected , a crypto game based on a pandemic scenario, has decided to switch blockchains after a troubled launch.
Solana's price has fallen to $116, marking a 12% decrease over the past week amid growing concerns about large investors selling their holdings. According to reports, several major cryptocurrency holders, known as “whales,” unstaked and moved approximately $46 million worth of SOL tokens to exchanges, fueling the downward trend.
SOL could record its steepest fall in a long while.
The market fall has not lasted long, according to CoinStats.
Big Solana investors and traders are offloading the asset in anticipation of a major token unlock.
Solana's price is facing intense pressure as the broader crypto market experiences a sharp downturn.
A major Solana unlock has raised eyebrows across the crypto space after $33.27 million worth of SOL was sent to centralized exchanges. On an Apr.
A large Solana (SOL) unlock flowed into four whale wallets, as the owners sent their tokens to Coinbase and Kraken. After April's unlocks, the SOL release schedule will slow down for the rest of the year, with lower selling pressure.
Fidelity Investments received SEC acknowledgement for its spot Solana ETF filing. The launch of an ETP product could possibly propel a rally in SOL.
Viral game “Infected” rage-quitted Ethereum's Base and is packing its bags for Solana. The pandemic simulation game that spread like wildfire announced it is ditching Base for Solana after its launch turned into a gas fee horror show.
On April 3rd, the USDC Treasury minted 250 million USDC on the Solana blockchain, according to blockchain tracker Whale Alert. The freshly created tokens, valued at approximately $249.9 million, were issued just hours before press time as part of Circles ongoing efforts to boost USDCs circulating supply and meet growing market demand.
The U.S. Securities and Exchange Commission (SEC) has officially acknowledged Fidelitys application for a Solana exchange-traded fund (ETF), signaling growing institutional interest in the altcoin despite current market turbulence. Fidelity, one of the worlds largest asset managers with approximately $4.9 trillion in assets under management, entered the Solana ETF race in late March.
Solana's price tests critical support while network fundamentals strengthen with institutional adoption and DeFi growth, suggesting potential recovery.
Several whales unstaked and dumped SOL worth $46.3 million into the market.
This week, we examine Ethereum, Ripple, Cardano, Solana, and Shiba Inu in greater detail. Ethereum (ETH) Ethereum and most of the market closed March in red and April opened with a tariff war which crashed prices this week.