In an X post, Franklin Templeton announced that its Franklin OnChain US Government Money Fund (FOBXX) is now live on the Solana network. The asset manager highlighted Solana's speed, security, and censorship-resistance, promoting global adoption through its open infrastructure.

FOBXX, which invests in U.S. government debt, launched on Stellar and trades on Coinbase's Base, Aptos and Avalanche as well as Sui.

Solana (SOL) is navigating significant volatility, mirroring broader corrections, currently trading at $191 at the press time.

Metaplex (MPLX), a decentralized platform on Solana, is attracting attention after surging 2,100% in two months. The altcoin, trading near $0.29 support, shows bullish momentum with rising volume and positive market sentiment.

Trillion-dollar asset manager Franklin Templeton has launched its tokenized money fund on the Solana network, just a day after filing for a Solana Trust. This development provides a bullish outlook for the Solana price, which is currently struggling to stay above $200.

The market bounce back has not lasted long, and most of the coins are back to the red zone, according to CoinStats.

Bitcoin and other altcoin prices traded lower on Wednesday after the U.S. released hotter-than-expected consumer inflation data. Bitcoin (BTC) fell by 3%, while other popular altcoins saw steeper declines.

Solana has struggled to breach the critical $201 resistance level, falling below it a week ago. Despite favorable market conditions that could support a recovery, the lack of investor confidence remains a significant concern.

TL;DR Franklin Templeton has registered the “Franklin Solana Trust” in Delaware, signaling potential entry into the Solana spot ETF market. The move aligns with industry trends and follows similar applications from Canary Capital and Grayscale, increasing the chances of SEC approval.

Crypto prices witness shakeups amid United States trade wars and evolving policy stances. The last headwind for the market is Donald Trump's new tariff on steel and aluminum in the United States.

Attention in the crypto sector is shifting away from memecoins and moving towards large-cap layer-1 projects, according to the digital asset analytics firm Santiment. Santiment notes traders are more focused on Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Toncoin (TON) and Cardano (ADA), which the firm says suggests a healthier crypto market dynamic.

Bitcoin dipped below $95,000 early in today's trading as a key support level crumpled. The flagship cryptocurrency is struggling to reclaim $96,000 and is currently trading around $95,450.

The institutional interest in Solana grows with Franklin Templeton

The SEC is reviewing multiple Solana ETF applications from major financial institutions, including new entrant Franklin Templeton, as part of a 21-day public comment period

Franklin Templeton registered “Franklin Solana Trust” in Delaware. The asset management firm will soon join the list of firms filed for Solana spot ETF.

On Tuesday, the U.S. Securities and Exchange Commission acknowledged several Solana-based exchange-traded fund applications, signaling progress on new altcoin funds entering the US market. Observers see the move as a shift from how the regulator had previously considered such financial instruments.

Solana wobbles, stumbles, falls below $200. Its volumes evaporate (-28%), its future oscillates between shipwreck and ETF miracle.

Solana (SOL) has recorded mixed institutional patterns in the last 48 hours, with bulls looking to recover. Crypto whales have withdrawn the asset from centralized exchanges, backing a long-term price surge despite the general market sentiment.

The US SEC has started the official countdown for Solana ETF application from Canary Capital.

Solana (SOL) price is hovering near the $200 level, with its market cap attempting to reclaim the $100 billion mark and daily trading volume at $4 billion. Meanwhile, the number of Solana whales has been declining after reaching an all-time high of 5,167 on January 25, now sitting at 5,067.

Solana continues to outperform Ethereum in revenue generation, even as the crypto market faces reduced retail trading activity. Data from DeFiLlama shows that Solanas applications generate significantly more revenue than Ethereums, with crypto researcher Aylo reporting that Solana apps have earned up to 10 times more than their Ethereum counterparts as of Feb. 10.

The chief executive of crypto exchange Abra believes Bitcoin (BTC) and other top digital assets may hit massive price targets this cycle for one main reason. Bill Barhydt says that economic policies under US President Donald Trump may inject a huge amount of liquidity into the markets causing crypto assets to soar to astronomical prices.

Fund issuers are rushing to capitalize on a newfound openness to crypto, though some have voiced reservations around meme coin ETFs.

The SEC has taken a key step in the approval process for spot Solana ETF applications from Canary, VanEck, Bitwise, and 21Shares. The move signals growing regulatory acceptance of altcoin ETFs and could open new institutional investment pathways into the crypto market. The post SEC Acknowledges Spot Solana ETF Filings from Canary, VanEck, Bitwise, and 21Shares appeared first on Cryptonews.

The SEC acknowledged several Solana ETF filings on Tuesday, increasing the odds of its eventual approval. ETF analysts believe that a Litecoin or Dogecoin ETF is more likely, but the SEC is seemingly turning focus on Solana.

Franklin Templeton has registered a “Franklin Solana Trust” in Delaware, indicating it may soon file for a spot Solana ETF alongside a host of other bidding issuers.

The U.S. Securities and Exchange Commission (SEC) has officially acknowledged a Solana ETF application submitted by Canary Capital. This is in line with the acknowledgment of Grayscale's Solana ETF application, which was made in the previous month.

Lukas Bartusek, a former FTX user from Prague, is locked out of nearly $400,000 after mistakenly sending 2,000 Solana (SOL) to his old account a year after the exchange collapsed. Now he needs a court order to get it back, according to a Monday filing in Delaware bankruptcy court.

Franklin Templeton has filed to register a Solana spot ETF trust, joining Grayscale and Canary Capital in seeking SEC approval. The move highlights growing institutional demand for Solana-based investment products as regulatory decisions approach. The post Franklin Templeton Registers Solana Trust in Delaware, Eyes Spot ETF appeared first on Cryptonews.

Hester Peirce, the SEC's new crypto task force boss, has said that most meme coins probably do not fall under the regulator's purview.

Solana (SOL) could be on the cusp of an institutional adoption boom, as the network's growth accelerates and Wall Street giants line up to launch Solana-based investment products. The post Institutional Money Pours In as Solana's Growth Accelerates – Can SOL Overtake Bitcoin? appeared first on Cryptonews.

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So far, the process to launch Solana ETFs is mirroring what transpired when issuers were seeking to launch spot bitcoin products.

Sol Strategies partners with 3iQ to provide staking infrastructure for the Solana ETF, enhancing institutional access to staking rewards. The collaboration underscores the growing demand for regulated digital asset investment options The post Sol Strategies Chosen as Staking Provider for 3iQ's Staked Solana ETF appeared first on Cryptonews.

The price of Solana has gained 8.7% in the past 30 days, while its rivals experienced significant losses during that same period.

Franklin Templeton has added to the list of companies eyeing approval for a Solana spot exchange-traded fund. On Feb. 11, the $1.

dApp volumes on BNB Chain have surged by 42% in the last 30 days to $52 billion.

In an astonishing development, Franklin Templeton has joined the Solana ETF rally, submitting documents in the US state of Delaware. By registering the Franklin Solana Trust entity, the asset manager has initiated procedures for its spot Solana ETF launch.

The regulator could reach a decision at the end of a 21 day comment period.

In a latest development, Franklin Templeton, a global asset management company and spot Bitcoin exchange-traded fund (ETF) issuer, has filed corporate registration documents for the “Franklin Solana Trust” in Delaware, USA. This indicates that it joins competitors like Canary Fund and Grayscale in pursuing a Solana ETF.

Solana price falls below $200 as the network's onchain activity drops, but investors' anticipation of a spot SOL ETF could prompt a recovery.

The U.S. Securities and Exchange Commission (SEC) has acknowledged a recent Solana ETF application proposed by Canary Capital.

Raydium has jumped by 15% today, with the Solana-based coin rising to $5.60 as the cryptocurrency market suffers a 0.5% dip in the past 24 hours.

Solana price (SOL) price remains below the $200 mark, struggling to regain momentum. The cryptocurrency has dropped 10% in the past week amid broader market uncertainty.

Elon Musk changed his X name to Harry Bōlz after defending one of his DOGE acolytes, with the shift sparking Solana meme coin surges.

The cryptocurrency market saw Layer-1 blockchain market capitalizations rise by 6% in January 2025, despite mixed performance across different segments of the industry, according to a report by J.P. Morgan (NYSE:JPM).

Solana DEX volume hits $59.55B in February, nearly twice Ethereum's. Lower transaction fees, meme coin trading, and institutional backing drive growth, while Solana's network efficiency boosts adoption and liquidity. The post Solana DEX Volume Surges Towards $60 Billion, Extends Winning Streak Over Ethereum appeared first on Cryptonews.