The Solana ecosystem is currently going through a period of turbulence due to the increase in scams related to memecoins. The drop in capital flows and the 40% decrease in active users reflect a loss of confidence among investors.

Franklin Templeton is taking a bold step in the crypto investment space by seeking SEC approval for a Solana ETF that includes staking.

The altcoin market took a severe hit last weekend with a $1.5 billion hack on the Bybit exchange, causing a sharp decline in several altcoins. However, traders are now bullish about a strong recovery in altcoin prices, following Bitcoin's surge toward the $100K mark.

Solana's journey from a memecoin hub to a serious blockchain contender hinges on the approval of a Solana ETF, which would bring institutional trust and unlock its potential for large-scale financial applications like payments and trading.

Solana's (SOL) price has faced significant challenges after breaking a new all-time high (ATH) of $295, but recent developments suggest potential for a recovery despite bearish pressures. Following its ATH, SOL seemed poised for a rapid climb toward $500 by the end of 2025.

Amid memecoin scandals and a generally lukewarm performance since the new year, Solana has hit a rough patch.

Franklin Templeton, one of the world's largest asset management firms, has submitted a proposal to the United States Securities and Exchange Commission (SEC) to issue a spot Solana ETF (exchange-traded fund). The asset manager joins several other applicants in the race to offer a SOL-based investment product to US investors.

Solana (SOL) has been grappling with significant challenges in recent weeks, from a steep drop in its token price to falling network activity. As the ecosystem braces for upcoming token unlocks, many are left wondering if further declines are on the horizon for one of the most talked-about cryptocurrencies.

Franklin Templeton has filed for a Solana ETF, aiming to track SOL's market performance while allowing share purchases with cash or crypto and staking holdings for rewards. Franklin Templeton Files for Solana ETF With SEC Franklin Templeton, through its affiliate Franklin Holdings LLC, filed a registration statement with the U.S.

The number of active addresses on Solana has fallen below the January lows, reaching levels from October 2024.

With the price of Solana (SOL 1.13%) falling to nearly $163 on Feb. 18, investors are right to assume it'll take a powerful cocktail of catalysts and new tailwinds to send its price back up toward $300. Something like a totally new category of cryptocurrency investments finding its home on the chain would probably do the trick.

Solana (SOL) has been facing significant headwinds over the past month, with its Total Value Locked (TVL) dropping to a low of $9.90 billion, the lowest since November 2024. However, there are signs that the bearish trend may be losing steam, as the blockchain platform experiences a slight recovery.

Solana has been performing worse these days following increasing selling pressure. The recent hack worth $1.5 billion in the Bybit exchange has strengthened the resistance levels. The recent drop in price has been also triggered by low network activities.

Sei (SEI) has garnered attention as the first sector-specific Layer 1 blockchain, designed to optimize decentralized exchanges (DEXes) and provide faster trading experiences. Sei's innovation has positioned it as a prominent player in the blockchain ecosystem, offering better trading processes and increased performance for DEXes.

Soon after the Solana price broke out and smashed a new ATH at $295, it was believed that the token may soon make it to $500 before the end of 2025. Meanwhile, the rise of the fallout of the memecoins on the Solana chain harmed the momentum of the SOL price rally.

With the price of Solana (SOL -3.48%) down by 36% in the last 30 days alone and the blockchain rocked by several high-profile scandals and outright scams, investors are wondering whether there's a juicy opportunity to buy the dip here -- or whether the digital coin's glory days are firmly in the past.

Solana meme coins have suffered a harsh reversal this year, costing retail investors billions of dollars.

The creator of DOG says the token's expansion to Solana is proof of Bitcoin's influence, not a sign that the network's fledgling meme coin ecosystem is failing.

The market is mostly falling today, according to CoinStats.

A widely followed crypto analyst believes that one Ethereum (ETH) rival may dip lower before having an explosive rally.

Solana (SOL -2.56%) and Cardano (ADA -4.02%) are two cryptocurrencies that are quite similar in terms of their capabilities, objectives, and target users, but they're quite different in terms of their merits as investments. Both were designed to beat the royalty of the cryptocurrency market, specifically Ethereum, but only one can really be said to have succeeded.

A survey of FTX creditors reveals a strong inclination to reinvest their repayments in cryptocurrencies, with solana (SOL) being the most popular choice. FTX Creditors' Love Affair With Solana A new survey found that 79% of FTX creditors plan to reinvest their repayments into cryptocurrencies, with 29% of the reimbursed funds allocated for this purpose.

Solana drops 13% amid Milei meme coin scandal. Bearish below $180.48 with key support at $161.32. Will it rebound or continue its decline? The post SOL Price Dropped 13% This Week Amid Milei Meme Coin Rugpull: What's Next? appeared first on Cryptonews.

Franklin Templeton filed for the first ever Solana ETF with staking features. Franklin joined the pile of Solana ETF filings following its Solana Trust registration.

The FTX collapse was one of the biggest blows to the crypto market, but many creditors are now looking at it as an opportunity rather than a setback.

The year 2024 was not only a boom year for Solana, but it was also a bear year for Ethereum.

Franklin Templeton filed for an exchange-traded fund on Friday.

Kaito's YAP system incentivizes crypto discussions on social media, creating a buzz around its 'tweet-to-earn' mechanism.

Solana (SOL) Total Value Locked (TVL) recently hit $9.90 billion, the lowest level since November 2024, before recovering slightly to $10.3 billion. Despite this bounce, SOL's TVL remains down nearly 30% from January 18, reflecting ongoing concerns about its ecosystem.

Franklin Templeton filed to create a Solana ETF with staking options today. Earlier this month, it filed for a Solana Trust, and today's proposal builds on that initial effort.

Asset manager Franklin Templeton is seeking SEC approval for funds based on the performance of Solana, the sixth-largest coin by market cap.

Franklin Templeton has joined the asset managers waiting in line for approval of a Solana spot exchange-traded fund (ETF). It filed an S-1 form with the United States Securities Exchange Commission (SEC) on Feb. 21.

Franklin Templeton filed for an exchange-traded fund on Friday that will track the spot price of Solana , reflecting the growing interest among asset managers to profit from the popularity of cryptocurrencies beyond bitcoin.

When it comes to crypto, value is determined by price, utility and users. Based on these metrics, is Solana or Ethereum winning the battle to be the best blockchain?

Franklin Templeton is looking to include staking in its proposal to the U.S. SEC for a Solana exchange-traded fund.

After registering a trust in Delaware in preparation for a potential Solana (SOL) exchange-traded fund (ETF) in the United States last week, Franklin Templeton has formally filed an S-1 registration statement with the Securities and Exchange Commission (SEC). This move comes as part of the company's effort to launch a spot Solana ETF, following the

Solana (SOL) has been making waves recently, experiencing a notable recovery in the broader cryptocurrency market. After a 4.24% price surge, the token surpassed the $175 mark, signaling a potential shift in momentum.

Maissa Jebali faces charges of theft and fraud, and potential deportation after allegedly transferring the TRUMP tokens to her own wallet.

On-chain data shows Bitcoin (CRYPTO: BTC) has maintained its strength comparatively to overall crypto market volatility as a major market move may be imminent. What Happened: In a post on X on Friday, analytics provider Glassnode showed meme coins experiencing sharp declines, with TRUMP (CRYPTO: TRUMP) dropping by 33.1% and Shiba Inu (CRYPTO: SHIBA) falling by 27.9%.

Bitcoin is showing signs of strength by rallying within a hair of $100,000. Which altcoins will follow?

Solana's integration of a regulated yield-bearing stablecoin could enhance its appeal, potentially attracting more users and boosting blockchain adoption. The post Solana to integrate SEC-approved yield-generating stablecoin with 3.85% APR appeared first on Crypto Briefing.

The Solana meme coin market is heating up, showing a 5.7% increase in the past 24 hours, now worth $10.8 billion. Despite the looming $1.7 billion SOL unlock, these Solana meme coins present potential for explosive growth.

Mutuum Finance (MUTM) is rapidly emerging as a breakthrough force in the crypto market, with its opening phase of the presale already surpassing $1 million in funding and attracting over 1,900 holders.

Trading activity in the crypto market has picked up this week, with the global cryptocurrency market cap rising by 2% over the past seven days.

In addition, respondents are interested in Solana and AI-based projects, followed by Ethereum and BNB Chain as alternative investment options. The post Almost 80% of FTX Creditors Will Reinvest in Crypto, 62% Plan to Buy Solana – Survey appeared first on Cryptonews.

Lido's customizable staking setup for Ethereum, stVaults, is coming to Northstake, a regulated platform offering compliant staking for institutions. On Feb.

Sei Labs achieves a significant milestone with 5 gigagas throughput on a 40-node network, leveraging the Autobahn consensus protocol to enhance blockchain scalability.

The cryptocurrency market witnessed an exciting day today, as most tokens, including the SOL token, attempted recovery. According to the market stats, the Solana price surged 4% today.