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news-imageApril 18, 2023

Daily Crypto Movers: ICP, TWT, Decentraland, Litecoin, and Loopring (LRC) Lead Gains; Rocket Pool, Solana, Immutable, Algorand, and Kava Experience Losses

Today's cryptocurrency market showcases a mix of projects experiencing notable gains and others facing significant losses. ICP, TWT, Decentraland, Litecoin, and Loopring (LRC) have emerged as the top gainers of the day, while Rocket Pool, Solana, Immutable, Algorand, and Kava are the top losers.
Publisher: The Currency Analytics
Sentiment: Neutral
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ICP

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Neutral
cover-imageCointelegraph
April 4, 2025

Stablecoins 'in bull market'; Solana sputters: VanEck

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.

Positive
cover-imageCryptoSlate
April 4, 2025

Grayscale moves closer to Solana ETF with SEC filing

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.

Positive
cover-imageCointelegraph
April 4, 2025

PayPal, Venmo to roll out Solana, Chainlink transfers

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.

Positive
cover-imageCointelegraph
April 4, 2025

Grayscale files S-1 to list Solana ETF on NYSE

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.

Positive
cover-imageThe Cryptonomist
April 4, 2025

PayPal expands its crypto offering: Chainlink and Solana arrive on PayPal and Venmo

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.

Neutral
cover-imageBlockworks
April 4, 2025

Following Solana inflation reduction defeat, could ‘left curve 228' be next?

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.

Positive
cover-imageThe Daily Hodl
April 4, 2025

Trader Says Ethereum Competitor at a ‘Generational' Entry Point, Outlines Path Forward for Bitcoin and FLOKI

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.

Negative
cover-imageNewsBTC
April 4, 2025

Solana Slammed By Whale Dump—Can It Recover Or Is More Pain Ahead?

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.

Neutral
cover-imageTokenpost
April 4, 2025

SEC Acknowledges Fidelity's Solana ETF Filing Amid Market Slump

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.

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