Toronto-based Sol Strategies Inc. has announced a CAD $25 million investment in the Solana ecosystem to bolster its position as a leading player in blockchain staking operations and acquisitions. Sol Strategies Strategic Investment In Solana Sol Strategies, a Canadian publicly traded company, has promised CAD $25 million to the Solana ecosystem through an unsecured revolving
Solana (SOL) has been on a strong upward trajectory recently, with the cryptocurrency's price rallying more than 12% in the past week. As of today, the price of SOL stands at around $216, following a slight dip after its impressive gains.
The trading volume of Ethereum, the second-largest cryptocurrency by market capitalization, has significantly increased recently. This significant rise is a sign of increased market activity since it implies that traders and investors are participating more actively.
Massive Japanese financial and biotech conglomerate SBI Group has signed an agreement with Solana Superteam Japan, a community promoting the growth of the trending blockchain in the country, to give out an exclusive NFT (non-fungible token) to SBI Web3 Wallet customers. Solana-based NFTs are currently dipping as of 7:00 a.m.
Mad Lads NFTs continued their recent price surge Tuesday after their creator acquired the remains of the collapsed FTX Europe.
Amid whales embrace, the price of Cardano (ADA) has seen a dramatic slip in the past 24 hours, a shift that comes following the unexpected beating Bitcoin (BTC) in late trading hours. As one of the biggest gainers over the trailing 7-day period, Cardano is maintaining resilience above the $1 price mark.
Sol Strategies, a Canadian holding company focused on the Solana blockchain, has drawn $4 million from its amended CAD $25 million unsecured revolving credit facility. The funds will be used for large-scale Solana token acquisitions, supporting DeFi protocols, validator operations, and new projects within the Solana ecosystem. The post Sol Strategies Secures CAD $25M Credit Facility for Solana Investments appeared first on Cryptonews.
Solana's strong rally is losing momentum as prices face a pullback, suggesting a potential correction toward the $209.9 support level. After a period of bullish gains, market dynamics and profit-taking impact its upward movement.
The firm, previously known as Cypherpunk Holdings, pivoted midway through 2024 to focus on the Solana ecosystem.
The firm, previously known as Cypherpunk Holdings, pivoted midway through 2024 to focus on the Solana ecosystem.
Nexo's latest Dispatch report discussed Bitcoin crossing $100,000, Ethereum gaining traction, and Solana facing potential headwinds as 2025 begins with surging market activity. Bitcoin broke through the $100,000 mark this week, a milestone highlighted in Nexo's latest “Dispatch” report.
Amid the ongoing market crash, Cardano (ADA) has turned bearish and is poised to continue its price decline. Today, January 8, 2024, the sentiment across the cryptocurrency market has shifted, as the overall cryptocurrency market dropped by 5.5%.
Sol Strategies, a Canadian holding company investing in Solana and its ecosystem, has announced it secured CAD $25 million in credit to buy more SOL tokens. On Jan. 7, Sol Strategies, formerly Cypherpunk Holdings Inc.
Cardano (ADA) price has surged 30% in the last seven days and over 5% in the last 24 hours, with its trading volume reaching $1.5 billion and its market cap approaching $40 billion.
GoMining, a blockchain-based platform that allows users to participate in the Bitcoin mining ecosystem via tokenized hashrate ownership, has announced its expansion to Solana.
Solana (SOL) is currently at a pivotal moment, where breaking key resistance levels could potentially set the stage for a major upward move. While Bitcoin remains below $100K, Solana is showing signs of strength, and investors are wondering whether this momentum could carry the price up by as much as 15% this month.
Bitcoin mining firm GoMining announces strategic expansion to Solana blockchain, with upcoming NFT launch on Magic Eden and new developments to be revealed, while GOMINING token hovers near $0.5.
Crypto prices are plummeting early Tuesday amid rough economic data, with Bitcoin falling under $98,000 after topping $100K on Monday.
Sellers are becoming more powerful today, according to CoinStats.
Rexas Finance shows potential for explosive gains in 2025, echoing SHIB and SOL's transformative 2021 surges. #partnercontent
The price of Solana has climbed to $215 today, yet exchange inflows suggest that it could decline again very soon. The post Solana Exchange Inflows Spike to $227M – Could This Trigger a Price Crash? appeared first on Cryptonews.
Cardano price has risen by 31 percent in the last week and Bitcoin's return to six figures amid talk of spot ETF approval has added propulsion
Cardano's native $ADA token may be eyeing a breakout to over $3 soon, if some technical indicators are anything to go by. Cardano rose 5% in the last 24 hours and about 33% over the last seven days to trade at $1.13 as of this writing.
Solana developers have unveiled a new hashing system designed to tackle scalability issues arising from increased network usage. The post Solana Developers Propose New Hashing System to Address Scalability Challenges appeared first on Cryptonews.
The Solana network recorded nearly $3.8 billion in 24-hour trading volume across its decentralized exchanges (DEXs) on Jan. 6, according to data from DefiLlama.
TL;DR Solana has proposed SIMD-215, a new lattice-based homomorphic hashing system to optimize account verification. The proposal aims to address the “state growth” issue by enabling incremental updates instead of recalculating the entire account state. This system will replace Merkle-based hashes, improving the network's scalability and efficiency.
Stock in Sol Strategies (HODL.CN) fell by 5.6% in trading yesterday, yet its current price of $2.999 still represents a nearly 2,500% return in six months. The post Blockchain Stock Sol Strategies (HODL.CN) Rises 2500% In 6 Months appeared first on Cryptonews.
TL;DR InfiniSVM, a hardware-accelerated blockchain solution based on the Solana Virtual Machine, promises a transaction confirmation time of just 1 millisecond. Solayer, with nearly $400 million in total value locked, is developing its own blockchain to enhance Solana's scalability and meet the demands of high-performance applications.
Solana price faces challenges sustaining bullish momentum despite the network outperforming Ethereum in several DeFi metrics. A rare price pattern suggests a potential 100% rally for SOL as the cryptocurrency beats Ethereum and Base in performance.
MicroStrategy Increases Bitcoin Holdings MicroStrategy purchased 1,070 BTC worth over $100 million, bringing its total to 447,470 BTC valued at $45 billion. Unlike previous purchases, this announcement boosted Bitcoin's price to $102,000.
GoMining tokenizes hashrate in order to make owning bitcoin mining capacity available to people who are unable to afford bitcoin mining.
Solana developers are debating new technological upgrades to enhance the blockchain's performance and security. These initiatives aim to address scalability challenges and bolster the network's resilience against potential threats from quantum computing as it contests Ethereum's dominance.
The well-known exchange Upbit has announced the listing of the crypto SONIC, the native asset of the SonicSVM rollup project within the Solana ecosystem.
At the beginning of 2025, Cardano (ADA) is attracting the attention of investors due to a bullish sentiment and increased network activity. Discover how these factors could propel the price of ADA to new highs and what this means for crypto traders and investors.
As the Solana network continues to surpass Ethereum in multiple DeFi metrics, the SOL price trend struggles to reflect the growth. With the pullback growing intense, will Solana manage a bounce back to cross $300 in January 2025?
Solana developers have proposed a new hashing system that changes how the Solana blockchain verifies, traces, and interacts with user accounts.
Cardano (ADA) has positioned itself as the top performer in the broader crypto market recovery, far outpacing major players like Bitcoin (BTC) and Ethereum (ETH).
It does not appear to be a flash in the pan for Ripple (XRP) or Cardano (ADA), as these ‘dino-coins' approach breakout levels that can take them to even greater highs.
Ducoff advocated for banks to build on public blockchains, emphasizing that the Federal Deposit Insurance Corporation (FDIC) should support such innovation for the benefit of customers.
Grayscale, one of the biggest names in crypto asset management, recently publicized their top tokens for 2025, and as expected, the list is making waves within the crypto community. Grayscale's list shows its focus on emerging trends like artificial intelligence (AI) and the Solana ecosystem.
The Solana network is growing very fast, and some congestion issues are coming with it. While this has not proven a menace, Solana developers are stepping up the game to resolve future scalability issues and support the ecosystem.
Bitcoin (BTC) surged past $100,000 as it continued its upward momentum in the new year. The cryptocurrency went from a low of $98,760 to $102,413 late on January 6 before dropping marginally to its current level of $101,745.
Solana developers have devised another solution for their system. This time, they proposed a lattice-based homomorphic hashing system that would change how the Solana network verifies and traces user accounts.
Solana has surpassed Ethereum and Base in daily decentralized exchange trading volume, highlighting its growing prominence in decentralized finance.
Solayer has unveiled its ambitious 2025 roadmap, introducing the revolutionary Solayer InfiniSVM, a hardware-accelerated SVM blockchain.
Cardano's price has surged 30% in early 2025, breaking key technical levels amid positive market sentiment, upcoming Bitcoin DeFi integration, and potential regulatory shifts under the new administration, though on-chain metrics show room for adoption growth.
Solana (SOL) has experienced a surge in trading activity over the past week, driving its open interest to a record $6.68 billion.
Solana (SOL) has entered 2025 with renewed optimism, shaking off the challenges of the previous year. With strong technical foundations, increasing network activity, and growing liquidity, the blockchain platform appears poised for a potential breakout.