The Solana network has significantly outpaced the Ethereum network in the recent past on web3 activities fueled by its meme coin space growth.

TL;DR Elmnts launches public beta, allowing accredited investors to access tokenized investment funds backed by mineral rights royalties. The platform is built on the Solana network and seeks to offer a secure and regulated approach to blockchain investments. Elmnts combines traditional investment expertise with the innovation of blockchain technology to create attractive financial products.

Energy market analytics company RBN Energy estimates that mineral and royalty interests amount to $700 billion.

The project is spinning out of Solana Labs and its new leaders want to turn a profit.

After an impressive breakout last week, Solana (SOL), a fast-growing layer one (L1) chain with dozens of decentralized financial (DeFi) protocols, has gradually gained bullish momentum. The large-cap altcoin, with a fully diluted valuation of about $98 billion and a daily average traded volume of around $4.

The platform has processed over $1.4 billion in trading volumes in the past 14 days, buoyed by an ongoing artificial intelligence-themed memecoin frenzy.

As general sentiments soar, Solana's institutional products have notched $2.4 million in inflows over the last seven days. Recent inflows into the asset funds follow anticipation for spot ETFs in the United States.

VanEck adds crypto staking rewards to its Solana ETN, enhancing investor returns and boosting Solana's adoption in Europe.

The VanEck Solana ETN (VSOL) offers investors the opportunity to gain exposure to the Solana (SOL) blockchain, which is known for its high-speed transaction capabilities and scalability for decentralized applications. The ETN is fully collateralized with Solana, with the underlying SOL held in cold storage at a regulated custodian.

The cryptocurrency market is buzzing with activity as Shiba Inu (SHIB) recently posted an impressive 20% increase, discussions about a potential bull run. Meanwhile, Ethereum (ETH) is displaying some troubling patterns, and Solana (SOL) is hitting a critical resistance level at $160.

Bitcoin (BTC) and other cryptocurrencies suffered a setback, registering a substantial drop late on October 21 and early on October 22. BTC dropped over 2% over the past 24 hours, while Ethereum (ETH) dropped further and is currently down by 3.54% over the past 24 hours, losing the $2,700 price level.

Pump.fun is drawing in record fees, cashing out through selling SOL, while also retaining some of the fees for staking.

VanEck has made staking available on its Solana exchange-traded note (ETN) in the European market.

Amid bullish predictions for the market's fifth-largest cryptocurrency, Solana (SOL), asset manager VanEck announced a significant upgrade to its Solana exchange-traded note (ETN), which now offers an automated staking feature, contributing to SOL's ongoing price recovery. New Staking Rules For VanEck's Solana ETN Matthew Sigel, head of digital asset research at VanEck, revealed that the Solana ETN, which trades under the ticker VSOL and currently has $73m in assets under management, will have rewards accrued and reinvested daily under the new staking rules, with the ultimate aim of attracting more investors and new capital.

Solana (SOL) has emerged as a standout performer in the cryptocurrency market, significantly outpacing major rivals like Bitcoin and Ethereum. This resurgence comes as Solana experiences a remarkable recovery from its monthly lows, fueled by increased user engagement, growing transaction volumes, and rising network fees.

The chat-themed token has emerged as one of the top gainers of the day.

American investment management firm VanEck has added staking rewards to its Solana ETN (Exchange-Traded Note) in Europe. This might offer investors a new way to generate passive income.

Key Points:

Solana crypto (SOL) could reach $700 if Donald Trump wins the 2024 presidential election! Here are the experts' insights.

Solana is emerging as one of the most active networks, looking at engagement levels over the past few months. Despite concerns around FTX and whether asset distribution will lead to a dump, bulls are optimistic about what lies ahead.

Solana price has declined by 1.56% in the last 24 hours after the Pump fun Fee Account sold 40,000 SOL worth $6.68 million. The sale happened only five hours ago and has added to the market fears on the further price movement of Solana.

Solana (SOL) has finally broken above the $160 resistance, a critical level that has held the price down since early August. This breakout signals a confirmed uptrend, sparking excitement among investors as Solana continues to push higher.

Solana (SOL) has been experiencing a period of sideways trading for the past seven months, a trend that raises questions about the strength of its buyer base and the potential for a price correction. Currently priced around $171, the cryptocurrency has shown a daily increase of 2.84%, yet concerns linger over whether Solana could plummet to $50.

In comparison to its rivals, XRP has been underperforming among the top 10 cryptocurrencies exhibiting the least amount of price movement. The asset has been stuck in a declining range for the past few weeks, unable to break through local resistance levels.

Asset management company VanEck announced on October 21 that its Solana exchange-traded note (ETN), launched in the European market, has successfully enabled the staking function.

In a recent discussion, Solana's co-founder, Anatoly Yakovenko, raised questions about the vitality of the Ethereum ecosystem without the contributions from Base, a Layer 2 solution. This query comes amidst observing the metrics of growth shown by Base, particularly in user activities and transaction volumes.

Real Vision analyst Jamie Coutts says that Solana (SOL) is likely preparing for its next leg up to higher prices.

The Solana Price could enjoy a 26x increase from its current price and rise to as high as $4,500. This is based on an analysis of a cup and handle pattern that just formed on the coin's chart.

Solana (SOL) closed the previous week on a bullish note and has continued its upward trend into the new week, with market data highlighting an increase in positive sentiments.

Solana meme coin factory Pump.fun launched a new trading bot—and revealed that it will launch a token with a likely airdrop attached.

Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox.

VanEck has launched staking for its Solana exchange-traded note (ETN) VSOL in the European market. Matthew Sigel, head of digital asset research at VanEck, confirmed the rollout on Oct. 21.

As VanEck's Solana ETN begins offering investors passive income in the EU, the asset manager awaits input on an application in the U.S.

VanEck just activated staking for its Solana exchange-traded note (ETN) in Europe, and it's now managing $73 million in assets. Staking lets investors earn rewards without extra effort.

Solana whales now control 57% of the supply, as Open Interest spikes by 40% to

VanEck introduces automated Solana staking in its ETN for European investors, offering daily rewards and enhanced security. The post VanEck introduces Solana ETN staking to European investors appeared first on Crypto Briefing.

Robinhood Crypto has added support for Solana crypto transfers for users in the European Union, according to an announcement. The platform announced on Oct.

TL;DR VanEck has launched a Solana ETN in Europe, now including the automatic staking feature. The managed assets reach $73 million, and the rewards will be automatically added to the value of the SOL token. The non-custodial approach ensures that the tokens remain under the control of the custodian, reducing counterparty risks.

Asset manager VanEck has announced that its Solana exchange-traded note available to investors in Europe now includes staking.

VanEck, one of the leading asset management companies, has recently announced a significant innovation for its Solana Exchange Traded Notes (ETN) offered in Europe. Investors who purchase the VanEck Solana ETN can now benefit from staking, a feature that opens up new earning possibilities within the growing cryptocurrency ecosystem.

In a bid to address the needs of its growing customer base, commission-free brokerage Robinhood has initiated transfers for Solana (SOL). This move is significant for both Robinhood and Solana, as the flexibility in handling SOL can bring value to both ecosystems.

VanEck Solana ETN in Europe now supports automatic staking, with rewards integrated into the token equity.

In a turnaround, the Solana price has affirmed a break above the $160 multi-month resistance, with a 5.84% jump.

Solana's price has displayed huge strength since the start, but the past weekend cleared the strong barrier preventing it from reaching $180. The token quickly surged above the crucial resistance zone between $159 and $161 at times when the volume remained restricted within a range.

Solana has faced challenges recently, experiencing a decline of about 45% from its all-time high. Despite this setback, recent technical developments indicate that SOL might be preparing for a rebound.

Hedera joined Solana as a top performer, rising 5.6% over the weekend.

Is the rapid ascent of GNON and other memecoins tarnishing Solana's reputation?