Solana's abundant DeFi ecosystem gets recognition from a top-tier asset manager: will it be enough to convince SEC?

Bitcoin is currently in an impressive position, having broken above key resistance levels. On the weekly chart, the trend looks strong, and the daily chart confirms a healthy retracement that could establish new support. After months of consolidation, Bitcoin's momentum is gaining traction, and we're keenly watching these movements across different time frames.

Solana has dipped by 0.5% in the past 24 hours, yet its one-day chart has formed a golden cross that signals an incoming bull phase. The post Solana Hits Bullish Golden Cross – Is a SOL Price Surge Next? appeared first on Cryptonews.

Blockchain technology is evolving rapidly, and Solana continues to make its case as one of the most promising projects in the cryptocurrency world.

Get Grass has recently gained attention by completing the largest airdrop in the Solana network's history. Following its successful listing on prominent exchanges such as ByBit and KuCoin, the GRASS token has increased by nearly 500%, currently trading at approximately $0.87.

After a brief rally, the crypto markets appear to be consolidating as the Bitcoin price is heading below $71,000 after marking the yearly highs close to the ATH at around $73,500. The bears are trying to hold a tight grip over the rally as the bulls continue to remain passive for the second consecutive day.

Solana (SOL) price has witnessed a mixed performance throughout the latter half of 2024. Initially surging early in the year, Solana faced significant resistance around the $200 mark, sparking a period of fluctuation within the $125 to $185 range.

Solana and Ethereum have continued in their value transfer moves amid broader shift in market dynamics.

As Ethereum's dominance wanes, rising stars like CYBRO, Solana, Avalanche, and Tron capture investor attention with unique features. #partnercontent

With Ika's integration on Sui, developers can now build secure, decentralized applications on a network that supports Bitcoin and other blockchains.

Canary Capital Group, a new digital asset-focused investment firm created by former Valkyrie Funds co-founder Steven McClurg, has become the latest investment firm to apply for a Solana-based exchange-traded fund (ETF).

Canary Capital Group LLC has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) to introduce the Canary Solana ETF. This exchange-traded fund (ETF) aims to give investors direct exposure to solana (SOL), minus operational expenses, through shares listed on a U.S. exchange.

Bitcoin (BTC) is teasing a record high after it peaked at $73,464 on October 30, bringing it within touching distance of its all-time high of $73,750. However, the cryptocurrency has registered a marginal decline during the ongoing session and is trading just above $73,200.

Canary Capital submitted a filing with the SEC for a spot Solana ETF on October 30 seeking permission for access Solana through traditional brokerage accounts without holding SOL directly.

Solana's network metrics showed broad-based growth in October 2024, with increases in development activity, user adoption, DeFi engagement, and market participation.

This week, Canary filed an S-1 registration with the U.S. SEC, aiming to gain approval for a Solana-focused ETF. If approved, this would allow everyday investors to buy shares that track the price of SOL.

Solana's (SOL) price has recently gained attention with its approach toward the $186 resistance mark, a level that previously triggered reversals. Despite SOL standing only 16% away from a potential run to $200, broader market signals suggest challenges ahead.

Crypto asset manager Canary Capital has filed an application with the SEC for a spot Solana ETF, joining VanEck and 21Shares in seeking approval for a product that would track SOL's price through the CME CF Solana index.

Macro guru Raoul Pal believes that if Solana (SOL) reclaims a key level it may signal the broader crypto market has entered the most explosive phase of the cycle.

Canary Capital Group, a recently established digital asset investment firm led by former Valkyrie Funds co-founder Steven McClurg, has taken another step toward establishing itself as a leader in the spot crypto ETF market in the U.S. On October 30, the firm filed a Form S-1 registration statement with the U.S.

Canary Capital, an Australian asset management firm, has officially filed with the US Securities and Exchange Commission (SEC) for a spot Solana ETF (exchange-traded fund). This filing, announced on October 30, follows similar ETF applications by the firm for other cryptocurrencies.

The DeFi Report founder, Michael Nadeau, explained that most of the value that left Ethereum flowed to layer-2s that would continue to drive value to the layer-1 blockchain.

The DeFi Report founder, Michael Nadeau, said most of the value left Ethereum flowed to layer 2s, which would continue to drive value to the layer-1 blockchain.

Solana meme coins soar, led by Dogwifhat's 1300% rise, as Ethereum's Cutoshi emerges as a strong contender for market dominance. #sponsored

Canary Capital applied to the US Securities and Exchange Commission (SEC) on October 30 for a spot Solana ETF (exchange-traded fund). It marks another attempt to offer Solana-focused investment opportunities through traditional brokerage channels.

Canary Capital has filed for a spot Solana exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC).

Ethereum and Solana showcase distinct strengths across social, development, and investment metrics.

Amid the growing Solana (SOL) dominance in the web3 space, Canary Capital, an investment management firm founded by Steven McClurg who is one of the founding team of Valkyrie Funds, has filed with the United States Securities and Exchange Commission (SEC) to offer its spot ETF.

Solana is a blockchain platform geared towards widespread use in areas like finance, payments, and gaming. Solana surpassed Ethereum in daily transaction fees for the first time, generating approximately $2.54 million on October 28, 2024, compared to Ethereums $2.07 million.

Canary Capital has ignited the ETF race by filing with the SEC for a spot Solana ETF, aiming to offer investors streamlined access to SOL through brokerage accounts. This marks a major step, following similar bids by asset giants VanEck and 21Shares earlier this year.

Analysts are projecting a rally in the altcoin market soon.

As the price of the native token of smart contract platform Solana, SOL, keeps on rising, various cryptocurrency whales have started amassing it, with whales adding over 200,000 SOL worth around $35 million to their wallets.

A crypto strategist who accurately called the Bitcoin (BTC) correction earlier this year thinks a decentralized finance (DeFi) altcoin is getting ready to erupt.

New American asset manager Canary Capital has filed to launch a spot Solana ETF in the United States, making it the third such firm to do so.

The crypto asset manager has now filed for a spot Solana ETF after getting the ball rolling for a spot for XRP ETF and Litecoin ETF earlier in October.

Over the past 7 months, the Solana price has traded sideways, struggling to sustain above the $200 level. However, as the crypto market witnessed a renewed recovery in late October, the SOL coin price is poised to escape this long-coming consolidation.

Canary Capital filed for a spot Solana ETF with the Securities and Exchange Commission (SEC) on Oct. 30, seeking to establish a US-based spot Solana (SOL) exchange-traded fund. If approved, the ETF would provide investors with direct exposure to the price of Solana held by the fund.

In a surprising take, a crypto analyst has foreseen a crash in the price of Solana despite the ongoing bull momentum. This analyst is projecting a crash in the price of Solana, offering a fresh perspective on the crypto heavyweight.

Canary Capital, a crypto-focused investment firm founded by former Valkyrie Funds co-founder Steven McClurg, has filed for a Solana (SOL) spot exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). This new development comes amid a surge of applications from various asset managers aiming to introduce cryptocurrency-backed ETFs on traditional exchanges.

Asset manager Canary Capital has officially filed for a spot Solana ETF in the United States, following in the footsteps of investment firm VanEck, which introduced its own application four months ago. The Solana ETF move was confirmed minutes ago by Bloomberg ETF expert James Seyffart on social media platform X (formerly Twitter).

Canary Capital has filed for a Solana-based exchange-traded fund as issuers gear up to see if they can secure U.S. regulatory approval.

Solana (SOL) price has experienced a strong rally, up 14.29% over the last 30 days. Despite some mixed signals in recent metrics, SOL has shown resilience, maintaining a generally bullish structure.

The number of addresses that have claimed the GRASS token airdrop has jumped to nearly 1.5 million — the highest yet on Solana.

The liquidation heatmap with a one-month look back period showed that $184-$196 region held a sizeable amount of liquidation levels.

October has seen Raydium, Solana's largest DEX, generate $22.3 billion in volume, while Uniswap on Ethereum has processed $38 billion.

Given that Solana (SOL) recently hit a 3-month high after scaling the $180 heights, it seems the sky's the limit for the fifth-largest cryptocurrency based on market value.

PARAVOX secures $4.5M for Solana blockchain launch, fueling development and marketing for enhanced gameplay and trading features. The post Solana welcomes PARAVOX as shooter secures $4.5M for blockchain expansion appeared first on Crypto Briefing.