Pump.Fun, the flagship dApp of the Solana ecosystem, continues to record mind-blowing numbers, increasing its revenue in the month of November.
SOL is showing signs of a major recovery as the market skews bullish, though its next move remains uncertain.
Bitcoin (BTC) slumped below $100,000 after Federal Reserve Chairman Jerome Powell said the central bank is not allowed to own Bitcoin and is not looking for a law change.
ETFs are gaining traction in the financial world. These assets could soon take center stage in the race for crypto fund innovation.
Despite the controversy faced by the platform, Pump.fun earned $106 million in DApp revenue in November.
Binance's Solana liquid staking token, BNSOL, has achieved a significant milestone, surpassing $1 billion in Total Value Locked (TVL) just three months after its launch.
Solana's (SOL) remarkable growth in the last few months has led to comparisons to Cardano (ADA), once a dominant player in the blockchain space. As Solana continues to outpace Cardano in terms of transaction speed, low fees, and overall ecosystem development, many are questioning whether Cardano can regain its relevance in 2024.
After the US Federal Reserve announced a 25 bps rate cut on Wednesday, the Bitcoin price came crashing under the $100K level to trigger the broader crypto market crash. The selling pressure was a reaction to the Fed's future monetary policy guidance for 2025 and coming years.
Bitwise Asset Management has launched a Solana staking exchange-traded product (ETP) called BSOL in Europe.
Ethereums rapid evolution could push it ahead of Solana by 2025, according to Bitwise CIO Matt Hougan. With the blockchain landscape shifting, Ethereums advancements and AI project integration are setting it up as a top contender in the crypto space.
Binance's BNSOL leads the Solana liquid staking ecosystem with its total value locked exceeding $1 billion. BNSOL Hits $1 Billion Mark Binance has announced a major milestone for BNSOL, its Solana liquid staking token.
Bitwise CIO Matt Hougan has commented on Ethereum's evolving position in the blockchain ecosystem, predicting that the platform could outperform Solana in 2025. According to Hougan, Ethereum's reputation as slow and expensive is becoming outdated as advancements in its ecosystem address these challenges.
Fartcoin hits a $1 billion market cap amid crypto market declines, driven by Truth Terminal's viral meme chatrooms influence. The post Solana meme coin Fartcoin hits $1 billion market cap appeared first on Crypto Briefing.
Bitwise Asset Management has introduced the Bitwise Solana Staking ETP (BSOL) on Deutsche Börse Xetra, providing institutional and retail investors with streamlined access to Solana's (SOL) staking rewards. The new product is designed to deliver superior returns and transparency, strengthening Bitwise's position in Europe's crypto investment market.
Solana-based DEX Jupiter introduces JupiterZ, featuring innovative gasless swaps and zero-slippage trading through an RFQ system, while simultaneously launching a dApp Browser for its mobile Android users.
Analysts from Bloomberg have a positive outlook that a score of cryptocurrency-based exchange-traded funds or ETF would get approval from the US Securities and Exchange Commission (SEC) in 2025.
Solana (SOL) finds itself at a critical juncture as it tests demand at a price level that previously acted as key resistance. Since late November, SOL's price has been in a retrace, dampening the hype surrounding the cryptocurrency.
Decentralized application revenue on Solana reached a new record high, mainly generated from meme coin-related transactions and tools.
Bloomberg analysts outline ETF approval timelines for Solana, Litecoin, and Hedera. Technical analysis highlights correction risks for SOL and HBAR, while LTC eyes a bullish breakout.
Crypto asset manager Bitwise has launched a Solana staking ETP in Germany while American investors await the U.S. equivalent.
Solana (SOL) price reached a new all-time high on November 22 and has surged 208% in 2024, showcasing impressive growth throughout the year. However, SOL has struggled recently, declining nearly 10% over the past 30 days as bearish indicators begin to weigh on the market.
Bitcoin's pullback after hitting a new all-time high above $108,000 has started a correction in select altcoins, signaling profit booking by the bulls.
Crypto assets have picked up bullish momentum in the last 48 hours as macro sentiments flip green. Following Bitcoin's surge to a new all-time high, altcoins have traded upwards in the same time frame.
Bitwise has launched a new ETP (Exchange-Traded Product) dedicated to Solana, identified with the ticker BSOL, which offers an innovative opportunity for investors interested in the cryptocurrency sector. This product combines the ease of access to digital assets with a significant added value: the rewards generated from staking Solana (SOL).
Will Solana and XRP face further delays despite growing interest in crypto ETFs?
The Pudgy Penguins project has initiated a significant airdrop of its new token, PENGU, on the Solana blockchain, valued at $1.5 billion.
BNSOL's success is closely tied to the growth of Solana's ecosystem, which has seen its liquid staking ratio more than double in 2024.
Solana holds onto crucial levels of support as the crypto market recovers gradually from the sharp correction earlier in the day. It changes hands at $216.53, with Solana declining intraday at 2.33% so far.
PENGU's debut sparked a surge on the Solana blockchain, resulting in more transactions than the combined activity of other leading blockchains.
Bitcoin (BTC) reached an all-time high for the second consecutive day, going past $108,000 and reaching a peak of $108,286. However, the cryptocurrency declined dramatically after reaching this level and is currently trading below $104,000, down almost 3% over the past 24 hours.
Bloomberg analysts, including Eric Balchunas and James Seyffart, have speculated that Litecoin and Hedera are likely to see their ETFs approved before Solana and XRP.
Amid the altcoin recovery run, Solana witnesses a boost in network and price trends. As bulls prepare for a breakout run to $250, the on-chain growth supports the bullish trend chances.
Solana's rise challenges Cardano's market position, but can Cardano reclaim its relevance in 2024?
Bitwise expands its suite of crypto staking solutions with the launch of a solana staking exchange-traded product (ETP). Solana ETP Launched in Europe While Bitwise U.S. Solana ETF Stalls Bitwise, a crypto asset management firm has introduced a Solana staking exchange-traded product (ETP) in Europe with the ticker BSOL.
The crypto universe is an arena where each asset fights for its place at the top. Recently, Solana (SOL), often hailed as a serious contender against Bitcoin (BTC) and Ethereum (ETH), has shown signs of weakness.
Bitcoin market dominance may decline over the next few weeks as altcoins are ready for another explosive period. The AI coin, IntelMarkets (INTL), is clearly one of the most promising.
The ETP, which trades under the ticker BSOL, comes with a unique advantage for investors: staking rewards. Bitwise has partnered with Marinade, a Solana staking firm, to provide these rewards.
Bitwise, a prominent asset manager in the cryptocurrency space, has launched a Solana staking Exchange-Traded Product (ETP) called BSOL in the European Union. This launch comes as the company continues to face significant regulatory challenges in the United States, where efforts to introduce a similar Solana ETF have been stalled.
TL;DR Bloomberg analysts predict a significant surge in crypto ETFs in 2025, driven by changes in SEC leadership and growing market demand. The first wave of new crypto ETFs is expected to be led by Bitcoin and Ethereum, followed by Litecoin and Hedera, which have favorable regulatory positions.
Good news for the crypto enthusiasts in the European Union. The famous crypto asset management firm, Bitwise, just launched its Bitwise Solana Staking ETP (BSOL). They launched the product on Deutsche Börse Xetra. It is a great product for investors looking for institutional grade exposure to Solana.
Bloomberg's senior ETF analyst expects multiple new crypto exchange-traded funds (ETFs) to launch in 2025 amid anticipated changes in Securities and Exchange Commission (SEC) leadership since Republican Donald Trump won the U.S. presidential election.
Crypto index fund manager Bitwise has introduced a Solana staking exchange-traded product (ETP) in Europe under the ticker BSOL. The post Bitwise Launches Solana Staking ETP in Europe as U.S. Awaits ETF Approval appeared first on Cryptonews.
Bitcoin (BTC) and Ethereum (ETH) ETFs pushed institutional crypto adoption this year to new highs. In light of the new, crypto-friendly US presidential administration and broader rally, Bloomberg analyst Eric Balchunas expects to see more crypto ETFs rolling out next year.
Solana maintains its position above $210 support while Bitwise launches a new staking ETP offering 6.48% yield, as technical analysts identify potential breakout patterns suggesting further upside potential.
Solana price faces mounting pressure, with performance trailing behind Bitcoin, Ethereum, and lately XRP. Will 2025 mark a breakthrough to a new ATH for SOL price?
The crypto investment landscape transforms as Bitcoin ETFs accumulate over $123 billion in assets since January approval, while analysts project a strategic expansion of crypto ETFs in 2025, potentially reshaping market dynamics.
Solana rose by 67% in just 17 days as the bull rally started on October 10 this year. However, as it hit the peak at $263, it initially took a sideways path followed by a downturn.