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news-imageApril 3, 2025

USDC Treasury Mints 250 Million USDC on Solana

On April 3rd, the USDC Treasury, in its regular attempt to boost the supply of USDC in circulation, created 250 million fresh USDC tokens on the Solana blockchain, according to data provided by blockchain tracker Whale Alert.
Publisher: UToday
Sentiment: Positive
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Positive
cover-imageCointelegraph
April 4, 2025

Grayscale files S-1 to list Solana ETF on NYSE

Digital asset manager Grayscale registered with the United States Securities and Exchange Commission (SEC) to list the Grayscale Solana (SOL) Trust exchange-traded fund (ETF) on the New York Stock Exchange (NYSE).The ETF will trade under the ticker symbol "GSOL" and will hold spot SOL as the underlying asset, according to the April 4 S-1 filing. Grayscale announced plans to convert its existing Grayscale Solana Trust into an ETF in its 19b-4 application filed with the SEC in December 2024.

Positive
cover-imageThe Cryptonomist
April 4, 2025

PayPal expands its crypto offering: Chainlink and Solana arrive on PayPal and Venmo

PayPal Holdings, Inc. has announced the extension of its digital asset offering, introducing Chainlink (LINK) and Solana (SOL) as new crypto that can be purchased, held, sold, and transferred on the PayPal and Venmo platforms. This innovation marks another step forward in the company's commitment to providing accessible and secure digital solutions for everyone, directly responding to the requests of its users.

Neutral
cover-imageBlockworks
April 4, 2025

Following Solana inflation reduction defeat, could ‘left curve 228' be next?

It's been three weeks since Solana's validators failed to pass SIMD-0228, a governance proposal that aimed to shift Solana's issuance to a market-based mechanism and reduce inflation in the process. But while validators — who earn their keep partly from Solana inflation — voted the measure down, issuance still doesn't feel like a settled question.

Positive
cover-imageThe Daily Hodl
April 4, 2025

Trader Says Ethereum Competitor at a ‘Generational' Entry Point, Outlines Path Forward for Bitcoin and FLOKI

A closely followed crypto strategist believes that one Ethereum (ETH) competitor may have reached a local bottom amid a broad market sell-off. Pseudonymous analyst Inmortal tells his 231,100 followers on the social media platform X that Solana (SOL) may be presenting a rare buying opportunity after hitting the 24-hour low of $112.

Negative
cover-imageNewsBTC
April 4, 2025

Solana Slammed By Whale Dump—Can It Recover Or Is More Pain Ahead?

Solana's price has fallen to $116, marking a 12% decrease over the past week amid growing concerns about large investors selling their holdings. According to reports, several major cryptocurrency holders, known as “whales,” unstaked and moved approximately $46 million worth of SOL tokens to exchanges, fueling the downward trend.

Neutral
cover-imageTokenpost
April 4, 2025

SEC Acknowledges Fidelity's Solana ETF Filing Amid Market Slump

The U.S. Securities and Exchange Commission (SEC) has officially acknowledged Fidelitys application for a Solana exchange-traded fund (ETF), signaling growing institutional interest in the altcoin despite current market turbulence. Fidelity, one of the worlds largest asset managers with approximately $4.9 trillion in assets under management, entered the Solana ETF race in late March.

Positive
cover-imageCoinPedia
April 4, 2025

Solana Price Prediction for April 2025

The dust for the U.S. reciprocal tariffs imposed on more than 100 nations has begun to settle. Bitcoin (BTC) price held above $82k, as the wider altcoin market, led by Solana (SOL), attempts a bullish recovery, following the maximum pain experienced since the Donald Trump administration took office.

Negative
cover-imageBeInCrypto
April 3, 2025

Solana (SOL) Tanks 10% as Bears Tighten Grip: What's Next?

Solana (SOL) is under heavy pressure, with its price down more than 10% in the last 24 hours as bearish momentum intensifies across key indicators. The Ichimoku Cloud, BBTrend, and price structure all point to continued downside risk, with SOL now hovering dangerously close to critical support levels.

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