The SEC has taken a key step toward approving a spot Litecoin ETF, while Solana sees record-breaking growth and Remittix aims to disrupt the $190 trillion payment sector. #partnercontent

It seems we've entered an alternate reality because the SEC (Securities and Exchange Commission), previously firmly anti-crypto, has now acknowledged multiple altcoin ETF (exchange-traded fund) applications at once. Namely, the regulator made an update on Grayscale's Solana ($SOL) ETF, which it had rejected last year after calling the asset a security.

The firm said Solana's share in the smart-contract platform market may expand from 15% to 22% this year.

SOL nears crucial breakout challenging the descending channel. A break above $200 could drive prices to $216.90 and beyond, while failure may lead to retesting $173.42.

A step signals potential approval amid growing expectations for crypto-friendly regulations.

It's no secret that investing in cryptocurrency can be a great way to build wealth, even if it requires a lot of risk tolerance and the ability to ride out periods of considerable volatility. For instance, if you invested $2,000 in Solana (SOL -3.34%) in February 2021, you would be sitting on about $75,500 today.

VanEck forecasts SOL to reach $520 by end of 2025, driven by projected M2 money supply growth to $22.3T and Solana's expected market share increase to 22% of the smart contract platform market.

In a major move for Solana, the U.S. Securities and Exchange Commission has formally acknowledged Grayscale's revised application for a spot Solana exchange-traded fund. On Feb.

This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) The Monday crash took crypto by surprise during a historic liquidation event.

Ethereum has been struggling to keep pace with Bitcoin and Solana.

Pudgy Penguins recently burned over $150 million in unclaimed Solana tokens after ending its PENGU token claim earlier than expected.

Eric Balchunas defines the move as a small step in the change of leadership.

Solana's total value locked (TVL) increased 64% to $8.6 billion in Q4 2024, surpassing Tron, while Solana DEX volume averaged $3.3 billion daily. The post Solana's DeFi, NFTs, and Institutional Adoption Drove 213% Revenue Growth in Q4 2024 – Messari appeared first on Cryptonews.

Financial markets have their prophecies, and those of the crypto world are no exception. Indeed, when a $100 billion asset manager like VanEck makes an ambitious prediction such as Solana (SOL) rising to $520 by the end of 2025, the crypto ecosystem stops, observes, and analyzes.

VanEck predicts M2 money supply will grow to $22.3 trillion by 2025 from the current $21.5 trillion, boosting crypto markets and top tokens such as SOL.

Solana has risen to become the second-largest blockchain by DeFi TVL (surpassing Tron), while its app revenue saw an impressive 213% quarter-over-quarter surge.

The US Securities and Exchange Commission (SEC) has officially recognized the 19b-4 filings submitted by the New York Stock Exchange (NYSE) to list and trade the Grayscale Solana and Litecoin exchange-traded fund (ETF).

The SEC's recent acknowledgment of Grayscale's spot Solana ETF application hints at the potential approval for the first Solana-based ETF in the US.

Melea is being accused by Stakewiz, a validator monitoring service, of unethical practices. According to a tweet from Solana validator Stakewiz, “MEV rewards now account for ~4% of the 11-12% APY stakers on Solana can earn.

The SEC is accepting comments on the proposal for 21 days following its publication in the Federal Register.

Solana's real economic value jumped 319% QoQ, pushing TVL above $12B. As SOL price trends upward, will the momentum continue?

It's one more development reflecting a change in approach from the US Securities and Exchange Commission toward crypto.

SEC has acknowledged Grayscale's filing for a Solana (SOL) ETF, marking a shift in the Commission's stance on cryptocurrency-related ETFs.

Bitcoin is making what may be its fifth attempt to breach this psychological barrier as it approaches the much-anticipated $100,000 resistance level once more. The top cryptocurrency is now trading at about $98,166, demonstrating its strong resilience in the face of recent market turbulence.

The Commission acknowledged several applications for crypto exchange-traded funds on Thursday, a move that ties the regulator to a strict timeline for approval or denial.

With Ethereum and Solana already expanding their AI strategies, NEAR Foundation has entered the competition with a $20 million fund aimed at AI agent token development.

Asset management firm VanEck has predicted that Solana (SOL) is on track to hit a $520 price target by the end of this year. The asset manager said its projection for Solana's price hinges on its potential year-end market share within the Smart Contract Platform (SCP) world.

After a year of explosive price growth, the Solana based meme coin, BONK, has wiped out all of its 2024 gains, retracing approximately 76% from its peak. Despite this dramatic decline, a crypto analyst has suggested that this dip could be a strategic buying opportunity for investors rather than a cause for concern.

Another crypto market crash has occurred, with Bitcoin, XRP, Solana, and Dogecoin prices experiencing significant declines. This development comes amid economic uncertainty and the bearish sentiment among investors.

Asset manager VanEck says Solana could surge to $520 per token by the end of 2025, according to their latest market report released today. Right now, Solana holds 15% of the smart contract platform (SCP) market.

The price of Solana could more than double to hit $520 by the end of the year, asset manager VanEck has said in its latest forecast for the altcoin.

TL;DR ZetaChain now supports Solana, enabling dApps that natively integrate Solana, Bitcoin, and Ethereum. Developers can create decentralized applications that operate with native SOL and SPL assets alongside tokens from other chains, without requiring bridges. This integration ensures a seamless experience across these three blockchains, enhancing interoperability without unnecessary complexity.

The crypto market in 2025 is packed with opportunities, but ignoring up-and-coming competitors could be a big mistake.

Solana has completed an entire calendar year without a block production failure. This marks a notable improvement in network stability, especially given its past performance issues.

As the market struggles to gain momentum, the Solana price also appears to have lost ground as the bears are constantly suppressing the levels below $200. This could appear a bearish signal for many as the momentum is weak, accompanied by a significant drop in the trading volume.

A whole year. That is how long Solana (SOL) has gone without a single outage.

Solana price has pulled back after soaring to $295 in January as its ecosystem and the broader crypto industry lost momentum.

This is a segment from the Lightspeed newsletter. To read full editions, subscribe.

TL;DR Solana dominates the retail market: It has surpassed Bitcoin and Ethereum in active addresses and transaction volume, with a 477% surge in memecoins. ETFs drive liquidity shifts: Bitcoin ETFs hold over 515,000 BTC, impacting prices and volatility. Ethereum is gaining institutional traction.

Solana has fallen by 2.5% today, yet one new Solana-based token promises to deliver massive gains when it lists in the next few weeks. The post Solana Revenues Skyrocket to $840 Million – Could SOL Price Hit $1,000? appeared first on Cryptonews.

Solana's price action hangs on critical resistance levels, with traders watching closely for direction.

Ethereum‘s (CRYPTO: ETH) dominance in the cryptocurrency space is facing a significant challenge, with analysts at JPMorgan suggesting that increased competition from rival blockchains is eroding its market share and threatening its long-term prospects. What Happened: According to a report led by JPMorgan's managing director Nikolaos Panigirtzoglou, ETH has underperformed both Bitcoin (CRYPTO: BTC) and a range of alternative cryptocurrencies since the recent U.S. election, signaling a worrying trend for investors, The Block reported on Thursday.

Solana (SOL) has not suffered a consensus failure since February 2024, though the network has encountered other sources of transaction delays.

Burwick Law accuses Pump.fun of creating tokens to intimidate clients, interfering with legal proceedings and disrupting justice.

The crypto market is marginally down, with price action remaining mixed. Bitcoin (BTC) has slipped below $98,000 over the past 24 hours.

Solana completed its most successful quarter at the end of 2024, driven by app revenues that surpassed the performance of Ethereum (ETH).

Is Solana (SOL) set for a comeback or heading for more losses? After dropping from its recent highs, SOL is now testing key support levels.