The cryptocurrency market edged lower, with total market capitalization dropping 1.3% to $3.74 trillion amid continued volatility. As uncertainty grows, investors are increasingly turning to altcoins to diversify portfolios and capitalize on potential growth opportunities.

Solana has experienced exponential growth since it first entered the market as an alternative Layer-1 blockchain. Though the network's market capitalization is still significantly smaller than Ethereum, its top contender, this gap has shrunk considerably over the years.

Coinbase Derivatives seeks approval from the CFTC to introduce Solana and Hedera futures. The exchange expects to launch the contracts on February 18, 2025.

TL;DR The Solana-based ridesharing app shuts down due to the market's lack of readiness for a decentralized model. Despite lower fees and an innovative structure, the app failed to attract the necessary number of users and drivers.

In a poignant acknowledgement of market challenges, Teleport, the ridesharing app built on the Solana blockchain, has announced its closure. The company shared the announcement via its official website and X account, marking the end of an ambitious venture to integrate decentralized technologies into the everyday transport sector.

Errol Musk wants to use the coin to raise $200 million for a think tank—without his son's involvement.

Two cryptos could 10x your portfolio by May. XRP ETF speculation fuels Ripple's rise, while an AI blockchain platform disrupts the $347B trading market.

The crypto market is moving as speculators look for the next altcoin that can compete with Ripple (XRP) and Solana (SOL). One crypto that is gaining some major attention is the IntelMarkets (INTL). This is a presale star now in phase nine that has already surged 811%.

TL;DR Apollo and Securitize have launched a tokenized private credit fund, ACRED, providing institutional and accredited investors with access to Apollo's diversified global credit strategy. The fund operates on multiple blockchain networks, including Solana, Ethereum, and Avalanche, leveraging Wormhole's interoperability.

Coinbase, one of the leading cryptocurrency exchanges, has taken a significant step towards expanding its derivatives offerings by filing for self-certification to list Solana (SOL) futures contracts. This filing with the US Commodity Futures Trading Commission (CFTC) aims to introduce Solana futures contracts on Coinbase Derivatives, the company's subsidiary focused on futures trading.

The cryptocurrency market continues to show volatility, with meme coins experiencing significant price fluctuations. Dogecoin (DOGE) has seen a minor recovery after reaching a 2025 low earlier in the week, while several Solana-based meme coins have experienced substantial gains. This contrast highlights the shifting dynamics within the meme coin sector.

The crypto market slipped back into the red, with most cryptocurrencies trading lower. Bitcoin (BTC) is down nearly 1% over the past 24 hours, trading around $104,360.

When comparing the outcome of investing in the primary token of a major blockchain like Solana (SOL -2.39%) or investing in a silly meme coin like Shiba Inu (SHIB -0.32%), the results are often surprising. And for some investors, they might even be frustrating.

Solana's stablecoin supply has surged by 73% in just 15 days, driven by the launch of TRUMP and MELANIA meme coins.

Coinbase Derivatives has filed with the US Commodity Futures Trading Commission (CFTC) to list futures contracts for Solana (SOL) and Hedera (HBAR).

Coinbase has filed for self-certification to list Solana futures contracts on its subsidiary platform, Coinbase Derivatives. The Solana futures market is set to introduce contracts where the standard size is 100 SOL, equating to a value today of $23,700.

This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) Ethereum could not hold above $3,300, and its price fell by 4% this week.

Solana-based ridesharing app Teleport shut down just eight months after it publicly launched its app, citing a lack of market readiness for decentralized ridesharing.

The crypto exchange aims to launch $25,000 SOL derivatives, betting on institutional appetite as the token's volatility soars.

First altcoin ETF on the horizon—will Litecoin break Bitcoin and Ethereum's monopoly?

Solana (SOL) has been showing resilience in the market despite recent fluctuations. Trading at around $234, the cryptocurrency is maintaining a steady price after dipping to $225 earlier this week.

Solana (SOL) has generated significant buzz in the crypto space as one of the most promising blockchain platforms. Often touted as the “Ethereum killer,” it gained massive popularity during its peak, reaching an all-time high (ATH) of $295 on January 19, 2025.

Teleport, the decentralized ride-hailing service on Solana, announced Thursday that it is shutting down.

After a recent explosive rally, XRP has calmed down and is currently trading at $3.10. Although momentum appears to be slowing down, the asset has managed to maintain its position above important support levels.

The recent departure of former SEC Chair Gary Gensler has optimism fresh optimism in the cryptocurrency community regarding the potential approval of spot crypto exchange-traded funds (ETFs). With filings for ETFs for altcoins like XRP, Solana, and Litecoin, the future of such products now hinges on regulatory clarity.

Alternative ride-sharing app Teleport was founded in 2022, and raised $9 million, amid a surge in interest in "dePIN" projects.

Coinbase is looking to list the futures as soon as Feb. 18, it said in the filing.

The exchange is looking to list these new contracts, which will be cash-settled on a monthly basis, on or after Feb. 2025.

Crypto trading venue Coinbase Derivatives has applied for self-certification with the US Commodity Futures Trading Commission (CFTC) to list the Solana Futures Contract. The exchange directed the letter to CFTC's Christopher Kirkpatrick, highlighting February 18 as its desired launch date for the product.

After UFC's Instagram was hacked to promote a pump-and-dump Solana meme coin scam, the attackers got away with $1.4 million in profit.

The memecoin launch attracted hundreds of thousands of new onchain users, propelling Solana to become the third-largest blockchain network by stablecoin supply.

The controversial Solana-based memecoin launchpad Pump.fun has deposited $407 million worth of SOL into the crypto exchange Kraken in the past year, according to the digital asset tracker Lookonchain. Lookonchain also notes that Pump.fun, which launched in January 2024, sold 264,373 SOL for $41.64 million worth of the stablecoin USDC.

A widely followed crypto analyst says that one rival of smart contract platform Solana (SOL) is waiting in the wings before making its next move to the upside while updating his outlook on Bitcoin (BTC).

Solana (SOL) price has risen more than 5% in the last 24 hours, bringing its market cap to around $117 billion and trading volume to surpass $6 billion. Despite this short-term surge, technical indicators remain mixed, with the Ichimoku Cloud showing uncertainty and the BBTrend still in negative territory.

The official X account of Time, the famous red-framed magazine, was hacked earlier this Thursday in order to promote a fake Solana-based cryptocurrency.

Solana's market maturity and liquidity could accelerate broader crypto ETF adoption, enhancing market stability and investor confidence. The post Solana's market structure mirrors Bitcoin and Ether, strengthening its bid for US ETF approval appeared first on Crypto Briefing.

Solana price recovers today, reaching its highest point since Tuesday. This rebound coincided with the broad crypto market rally, with Bitcoin soaring above $105,000.

Crypto assets are trading sideways after attempting a narrow recovery following last week's free fall. Despite slight whale inflows, Solana (SOL) and Tron (TRX) are among the struggling altcoins.

The JELLYJELLY token, inspired by Venmo's founder, sees explosive growth on launch day, marking a shift towards Internet Capital Markets on Solana.

Securitize has expanded its tokenized real-world asset (RWA) offerings by integrating with Solana as part of a new collaboration with Apollo Global Management. The partnership introduces a tokenized version of the Apollo Diversified Credit Fund (ACRED), offering on-chain access to private credit investments.

A Solana investor who transformed a $577 investment into $171,000 in 2021 is now looking for the next big opportunity.

The SEC fined Kraken $30 million back in 2023 and forced it to shut down a similar staking product for U.S. customers.

Dogecoin is back in the green Thursday with modest gains, but some prominent Solana meme coins are blasting up the charts.

Tokenized Credit Fund offers access to Apollo Diversified Credit Fund, utilizing chains like Solana and Ethereum.

With a strong focus on innovation and solving blockchain inefficiencies, Lightchain AI is rapidly gaining momentum as a serious contender to Solana's dominance.

As the cryptocurrency market continues to expand, Lightchain AI is rapidly gaining traction among early investors and blockchain enthusiasts.

Solana seems to be eating Ethereum's lunch after taking 50% of the decentralized exchange (DEX) market recently. In one instance, it even reached a staggering 89% market dominance.