Toronto-based Sol Strategies Inc. has announced a CAD $25 million investment in the Solana ecosystem to bolster its position as a leading player in blockchain staking operations and acquisitions. Sol Strategies Strategic Investment In Solana Sol Strategies, a Canadian publicly traded company, has promised CAD $25 million to the Solana ecosystem through an unsecured revolving

Solana (SOL) has been on a strong upward trajectory recently, with the cryptocurrency's price rallying more than 12% in the past week. As of today, the price of SOL stands at around $216, following a slight dip after its impressive gains.

The trading volume of Ethereum, the second-largest cryptocurrency by market capitalization, has significantly increased recently. This significant rise is a sign of increased market activity since it implies that traders and investors are participating more actively.

Massive Japanese financial and biotech conglomerate SBI Group has signed an agreement with Solana Superteam Japan, a community promoting the growth of the trending blockchain in the country, to give out an exclusive NFT (non-fungible token) to SBI Web3 Wallet customers. Solana-based NFTs are currently dipping as of 7:00 a.m.

The Ethereum (ETH) price took a beating on Tuesday, dropping 8% on the day to below $3,400 as risk appetite took a broad beating following strong US economic data that triggered fears of a US inflation rebound that could result in slower/less interest rate cuts from the US Federal Reserve. The post Ethereum Price Crashes 8% – Collapse Back Below $3,000 Imminent? appeared first on Cryptonews.

Mad Lads NFTs continued their recent price surge Tuesday after their creator acquired the remains of the collapsed FTX Europe.

The cryptocurrency market was not doing well on Tuesday as Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and other digital assets plunged. The crypto market crash occurred in tandem with other risk-off events in the global financial market owing to rising US treasury yields, a more hawkish Fed and heightened macroeconomic uncertainty.

Ethereum's price has been on the rise since hitting a low on December 20, but the rally thus far appears to be more of a corrective move than an impulsive uptrend. The market hasn't yet displayed enough momentum to confirm a strong upward trend, but this could change as the price action evolves.

Sol Strategies, a Canadian holding company focused on the Solana blockchain, has drawn $4 million from its amended CAD $25 million unsecured revolving credit facility. The funds will be used for large-scale Solana token acquisitions, supporting DeFi protocols, validator operations, and new projects within the Solana ecosystem. The post Sol Strategies Secures CAD $25M Credit Facility for Solana Investments appeared first on Cryptonews.

Solana's strong rally is losing momentum as prices face a pullback, suggesting a potential correction toward the $209.9 support level. After a period of bullish gains, market dynamics and profit-taking impact its upward movement.

The firm, previously known as Cypherpunk Holdings, pivoted midway through 2024 to focus on the Solana ecosystem.

The firm, previously known as Cypherpunk Holdings, pivoted midway through 2024 to focus on the Solana ecosystem.

Nexo's latest Dispatch report discussed Bitcoin crossing $100,000, Ethereum gaining traction, and Solana facing potential headwinds as 2025 begins with surging market activity. Bitcoin broke through the $100,000 mark this week, a milestone highlighted in Nexo's latest “Dispatch” report.

Cryptocurrency markets are sliding on Tuesday as producer price pressures weigh on the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,073.3 -4.7% Ethereum (CRYPTO: ETH) $3,431.99 -6.9% Solana (CRYPTO: SOL) $205.16 -6.4% XRP (CRYPTO: XRP) $2.30 -5.5% Dogecoin (CRYPTO: DOGE) $0.3562 -8.7% Shiba Inu (CRYPTO: SHIB) $0.00002217 -8.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 68.6% and daily active addresses falling by 0.01%.

Cryptocurrency markets are sliding on Tuesday as producer price pressures weigh on the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,073.3 -4.7% Ethereum (CRYPTO: ETH) $3,431.99 -6.9% Solana (CRYPTO: SOL) $205.16 -6.4% XRP (CRYPTO: XRP) $2.30 -5.5% Dogecoin (CRYPTO: DOGE) $0.3562 -8.7% Shiba Inu (CRYPTO: SHIB) $0.00002217 -8.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 68.6% and daily active addresses falling by 0.01%.

Sol Strategies, a Canadian holding company investing in Solana and its ecosystem, has announced it secured CAD $25 million in credit to buy more SOL tokens. On Jan. 7, Sol Strategies, formerly Cypherpunk Holdings Inc.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Bitcoin and Ethereum ETFs started 2025 in the red, but now have collectively attracted $1.75 billion over the last two trading days.

GoMining, a blockchain-based platform that allows users to participate in the Bitcoin mining ecosystem via tokenized hashrate ownership, has announced its expansion to Solana.

SUI has been going through a remarkable surge recently and has just touched a new all-time high at $5.36. Traders and investors are all attracted to this sudden breakthrough from the resistance level of $4.80.

In a surprising turn of events, the cryptocurrency market has experienced a sharp decline, with Bitcoin (BTC) and Ethereum (ETH) both seeing significant losses. This downturn coincided with the release of the US Job Openings and Labor Turnover Survey (JOLTS) data, which indicated a surge in job openings, signaling a robust labor market.

Solana (SOL) is currently at a pivotal moment, where breaking key resistance levels could potentially set the stage for a major upward move. While Bitcoin remains below $100K, Solana is showing signs of strength, and investors are wondering whether this momentum could carry the price up by as much as 15% this month.

SUI price surged to a new high of $5.35, fueled by bullish momentum, before facing a market correction. The token has since retraced below $5, marking an 8.58% decline from its all-time high.

Bitcoin mining firm GoMining announces strategic expansion to Solana blockchain, with upcoming NFT launch on Magic Eden and new developments to be revealed, while GOMINING token hovers near $0.5.

Cryptocurrency prices retreated sharply on Tuesday, erasing some of the gains made on Monday as concerns about the bond market intensified. Bitcoin (BTC) dropped by 4%, reaching an intraday low of $97,700.

By leveraging scalable solutions, Ethereum can continue to thrive as a cornerstone of the decentralized world.

Crypto prices are plummeting early Tuesday amid rough economic data, with Bitcoin falling under $98,000 after topping $100K on Monday.

After cresting at an impressive $102,760 per coin, the preeminent cryptocurrency, bitcoin (BTC), has precipitously fallen beneath the $100,000 threshold, reaching a nadir of $97,124 per unit. Bitcoin Below $100K, Liquidations Liquidate Hopes Tuesday proved to be a tumultuous day within the realm of digital currencies, with the aggregate market capitalization plummeting by 4.

Rexas Finance shows potential for explosive gains in 2025, echoing SHIB and SOL's transformative 2021 surges. #partnercontent

Bears are returning to the game, according to CoinStats.

XRP's popularity rises in South Korea, with Bitcoin Cash ranking higher than Solana and Cardano despite lower market capitalization.

There are growing signs that ether is poised to lead its more well-established rival in the new year.

The price of Solana has climbed to $215 today, yet exchange inflows suggest that it could decline again very soon. The post Solana Exchange Inflows Spike to $227M – Could This Trigger a Price Crash? appeared first on Cryptonews.

Leading altcoin Ethereum (ETH) has seen a remarkable spike in the past week. Its value has climbed nearly double digits and currently trades at $3,672.

Solana developers have unveiled a new hashing system designed to tackle scalability issues arising from increased network usage. The post Solana Developers Propose New Hashing System to Address Scalability Challenges appeared first on Cryptonews.

The Solana network recorded nearly $3.8 billion in 24-hour trading volume across its decentralized exchanges (DEXs) on Jan. 6, according to data from DefiLlama.

TRX price remained steady on Tuesday, Jan. 2, even as the Tron network continued to outperform Ethereum in revenue. Tron (TRX), the cryptocurrency founded by Justin Sun, was trading at $0.2691, slightly above its December low of $0.2237.

TL;DR Solana has proposed SIMD-215, a new lattice-based homomorphic hashing system to optimize account verification. The proposal aims to address the “state growth” issue by enabling incremental updates instead of recalculating the entire account state. This system will replace Merkle-based hashes, improving the network's scalability and efficiency.

Stock in Sol Strategies (HODL.CN) fell by 5.6% in trading yesterday, yet its current price of $2.999 still represents a nearly 2,500% return in six months. The post Blockchain Stock Sol Strategies (HODL.CN) Rises 2500% In 6 Months appeared first on Cryptonews.

TL;DR InfiniSVM, a hardware-accelerated blockchain solution based on the Solana Virtual Machine, promises a transaction confirmation time of just 1 millisecond. Solayer, with nearly $400 million in total value locked, is developing its own blockchain to enhance Solana's scalability and meet the demands of high-performance applications.

Solana price faces challenges sustaining bullish momentum despite the network outperforming Ethereum in several DeFi metrics. A rare price pattern suggests a potential 100% rally for SOL as the cryptocurrency beats Ethereum and Base in performance.

Adeniyi Abiodun, co-founder of Mysten Labs and Sui Network (SUI) core developer, revealed the next artificial intelligence (AI) “big opportunity.”

MicroStrategy Increases Bitcoin Holdings MicroStrategy purchased 1,070 BTC worth over $100 million, bringing its total to 447,470 BTC valued at $45 billion. Unlike previous purchases, this announcement boosted Bitcoin's price to $102,000.

GoMining tokenizes hashrate in order to make owning bitcoin mining capacity available to people who are unable to afford bitcoin mining.

The subtle rivalry between XRP and Ethereum (ETH) is now beyond just the market capitalization and ranking of both coins. A new report shows South Korean traders' shifting perception about both coins.

Solana developers are debating new technological upgrades to enhance the blockchain's performance and security. These initiatives aim to address scalability challenges and bolster the network's resilience against potential threats from quantum computing as it contests Ethereum's dominance.

The well-known exchange Upbit has announced the listing of the crypto SONIC, the native asset of the SonicSVM rollup project within the Solana ecosystem.

On Monday, over $1 billion flowed into spot bitcoin and ether ETFs with Fidelity and Blackrock ETFs dominating the inflows. Bitcoin and Ether ETFs Extend Strong Start to 2025 U.S. spot bitcoin and ether exchange-traded funds (ETFs) continued their strong start to the year with a combined inflow of $1.1 billion on Monday, Jan. 6.