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news-imageOctober 14, 2024

Ethena Considers Solana as New Reserve Asset for USDe Stablecoin

Ethena proposes adding Solana and liquid staked SOL variants as reserve assets for its USDe stablecoin, potentially unlocking billions in additional open interest and boosting the ENA token price.
Publisher: Blockonomi
Sentiment: Positive
ENA
SOL

More News Articles

Neutral
cover-imageThe Currency Analytics
December 30, 2024

Solana's Price Surge Faces Uncertainty: Will It Hold Its Ground

Solana (SOL), a cryptocurrency that has gained significant attention in the past year, recently hit new highs before experiencing a retracement of 18.18% over the last month. Despite this pullback, the cryptocurrency has shown some signs of recovery, with a 7.09% increase in the past week and a 5.42% rise in the last 24 hours.

Positive
cover-imageUToday
December 30, 2024

Solana ETF Approval Expected in 2025, Insider Predicts

This year was definitely a good one for Solana (SOL), if we choose any altcoin which is any cryptocurrency —besides Bitcoin (BTC). Network activity in the Solana ecosystem increased by 83% last year, and there are various reasons for this, from the hype around meme coins to artificial intelligence projects, which also played an important role in the first half of the year, making the dynamics of Nvidia and SOL quotes extremely similar.

Positive
cover-imageCryptonews
December 29, 2024

Solana Still Eyes $200 – After 4.6% Increase Today

Solana jumps 4.6%, nearing $200 amid a bullish breakout and ETF speculation. Explore key price levels and how the proposed Solana Futures ETF impacts the market. The post Solana Still Eyes $200 – After 4.6% Increase Today appeared first on Cryptonews.

Neutral
cover-imageCrypto Economy
December 29, 2024

Ethena Review: A Financial Stability Project

The crypto market and decentralized finance (DeFi) face an extremely complex problem on a daily basis: stability. This kind of Achilles' heel has been both the reason for being and the driving force behind the creation of new solutions.

Positive
cover-imageCryptopolitan
December 28, 2024

Volatility shares files for Solana futures ETF

Volatility Shares LLC has proposed a futures-based Solana ETF to the SEC, offering 1x, 2x, and -1x leverage options. The ETF will trade on CFTC-registered exchanges, providing regulated exposure to Solana's price movements.

Negative
cover-imageCointribune
December 28, 2024

Solana Collapses By 30% After A Historic Record

Since the end of November 2024, the prices of Solana (SOL) have fallen by more than 30%, raising concerns among investors and crypto enthusiasts. This significant decline comes after a period of strong growth, where Solana had reached historical highs.

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