Hong Kong-based stablecoin issuer First Digital Trust said Thursday it is expanding its FDUSD token to the Solana network.

Solana (SOL), the fifth-largest cryptocurrency by market capitalization, has recently seen a surge in activity from major investors, commonly referred to as “whales.” In the past week, these whales purchased an impressive 202,400 SOL tokens valued at $35 million from centralized exchanges, including Binance and Kraken.

Bitcoin (BTC) soared past $73,000 earlier today as it rose to $73,544, reaching levels last seen when it posted its all-time high over eight months ago amid growing optimism in the markets, a potential Republican victory in the upcoming US elections, and positive technical indicators. Analysts believe BTC is poised to post a new all-time high as early as this week if current positive trends persist.

Solana achieves multiple milestones with price reaching $180, network deposits hitting two-year highs at 42.5M SOL, and DEX volumes surpassing Ethereum amid broad ecosystem growth.

Solana-based token deployer, Pump.fun, has achieved a major milestone with its total revenue surpassing 1 million Solana. This figure, valued at around $188.5 million, brings Pump.fun close to claiming the $200 million revenue mark.

Solana price reached a 3-month high, marking the highs at around $183.38 while the volume remained within the decent range. Currently, the markets are extremely hyped and bullish on Solana and SUI, and as a result, tokens like Ethereum, XRP, and Cardano are losing the trader's attention.

Solayer announced the launch of sUSD, a real-world asset-backed stablecoin, on the Solana blockchain.

The Solana (SOL) memecoin ecosystem is regaining traction with investors as Bitcoin (BTC) leads the overall market recovery, approaching its previous record high of $73,700 set in March. This renewed interest is reflected in the performance of Popcat (POPCAT), one of the outstanding and best-performing tokens in the Solana memecoin space over the past month.

Binance announces new Earn Wednesday offers, including ETH and SOL staking, with flexible and locked products available on a first-come, first-served basis.

Solana price continued its strong recovery this week, soaring to a high of $180, its highest level since July 31st. It has jumped by about 65% from its lowest point in September, giving it a market capitalisation of $84 billion, and a fully diluted value of $106 billion.

Shiba Inu appears to be displaying indications of a possible reversal. The asset is currently seeing a notable uptick in whale activity after struggling to regain its previous momentum.

Solana's social volume has reached levels not seen in the past six months.

Solayer's sUSD is a first-of-its-kind RWA-backed stablecoin on Solana. Unlike traditional stablecoins pegged to fiat, sUSD offers a decentralized alternative. The post Solayer Launched sUSD, a User-Friendly RWA-Backed Stablecoin on Solana appeared first on Cryptonews.

A Solana whale has made $2.5 million from his crypto strategy amid recent market growth. Crypto whales can reshape their holdings depending on market swings.

Solana price hits $180 as Bitcoin storms toward a new all-time high. Data suggests SOL can go higher.

As the cryptocurrency market evolves, new players emerge while established coins continually innovate. This article explores five coins and projects: Qubetics, Ripple, Avalanche, Chainlink, and Solana. With unique features and value propositions, these coins showcase various technologies, applications, and growth potentials in the crypto ecosystem.

Solayer says anyone can mint the yield-bearing sUSD token with at little as $5 in USDC.

TL;DR Solana's market capitalization reaches $85.2 billion, approaching Binance Coin (BNB), which has $88.92 billion. SOL experienced a growth of nearly 450% in the last year, surpassing BNB's 168%. The market for SOL memecoins exceeded $12 billion, driven by the Pump.fun platform and the launch of “Dogwifhat.

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Solana memes make up 20% of the entire market cap for this asset class. Meme tokens on Solana rallied above $12B in total market capitalization.

TL;DR Solayer launches sUSD, the first synthetic stablecoin backed by real-world assets on Solana, offering an annual yield of 4% to 5% without staking. Backed by U.S. Treasury Bills and created in collaboration with OpenEden Labs, sUSD guarantees stability and high security in its operation.

GMX-Solana has adopted Chainlink's Data Streams as its official Oracle solution for price data, funding rates, and liquidations. In parallel, Chainlink's Cross-Chain Interoperability Protocol (CCIP) has facilitated cross-chain staking for Lido, broadening accessibility to staked Ethereum (ETH) on Layer-2 (L2) networks.

sUSD, a new type of stablecoin backed by U.S. Treasury Bills, is joining its ecosystem. Created by Solayer Labs, sUSD is part of a new wave of digital dollars backed by real-world assets.

The leading re-staking protocol on Solana, Solayer Labs, has revealed yet another native asset to its portfolio. Following its attainment of $200 million in total value locked last month, the protocol introduced $sUSD, a yield-bearing stablecoin.

Solayer Labs launches sUSD, the first yield-bearing stablecoin on Solana, backed by US Treasury Bills, offering a 4-5% yield. The post Solayer launches first-ever yield-bearing stablecoin backed by T-Bills on Solana appeared first on Crypto Briefing.

TL;DR Open Airdrop : XAND token airdrop is available for users since October 29th. Liquid Staking : A liquid staking program is introduced that offers significant rewards. Storage Innovation : Xandeum will launch a storage layer to facilitate decentralized applications on Solana.

AgriDex is an example of how stablecoins are being increasingly used as a payment vehicle in emerging regions as a cheaper alternative for traditional banking rails.

Bulls remain more powerful than bears, according to CoinMarketCap.

In October, Solana has outperformed Bitcoin and other altcoins, gaining 15% and eying for a potential rally to $200 and above.

This means developers on Solana can now access ultra-fast data that updates in less than a second. Imagine checking the weather every second to see if you need an umbrella.

The GRASS token has experienced a remarkable surge, rising 27.25% in the past 24 hours to trade at $1.03. This increase follows the completion of an extensive airdrop on the Solana network, which marked a significant milestone for the project and its community. With trading volume soaring 125% to $280.

The price of Solana has jumped by 2.5% in the past 24 hours, riding a market-wide wave of pre-election euphoria. The post Solana Investor Nets $3.2 Million From $3,500 in 48 Hours – Here's What Happened appeared first on Cryptonews.

Bitcoin (BTC) touched $71,000 earlier today as it inches toward record highs. BTC hit $70,000 for the first time since late July and peaked at $71,460 before declining back to $71,000.

The altcoin market has recorded a significant bullish recovery during the early Asian market. This comes after Bitcoin price successfully reclaimed the $71,000 level with a 24-hour high of $71,475.47.

Bitrefill, a leading company in the crypto e-commerce world, has just announced the integration of the stablecoin USDC on the Solana network.

Solana's network metrics show strong growth across revenue, trading volume, and TVL, with DEX activity surpassing $15 billion weekly and total locked value exceeding $6 billion.

After a successful listing on major exchanges and a 500% rise, the GRASS token trades at $0.87. With a potential Binance listing, can it reach $1? After completing its final airdrop stage, the GRASS token is finally listed on major exchanges like ByBit and KuCoin.

Solana's (SOL) price has reached $180 for the first time since July, igniting speculation that the altcoin might be set for an extended breakout. This upward momentum coincides with surging investor interest, but the question remains: will Solana reach $200?

After weeks of consolidation, the Solana price appears ready to break higher as bullish momentum strengthens. SOL recently hit a three-month high, showcasing a strong recovery following a market rebound.

Airdrops are the treasure hunts of the crypto world. Everyone wants free crypto tokens and airdrops are the fastest way to get there.

In a surprising move, Bitcoin's price ended the bearish speculation by marking monthly highs close to $71,500. With this, the markets revived a strong ascending trend, with the memecoins gaining immense strength. Dogecoin and POPCAT triggered a huge 13% upswing, while Shiba INU, Pepe, dogwifhat, FLOKI, and Brett rose above their respective resistance zones.

The cryptocurrency market is showing intriguing signs of potential volatility, with Bitcoin (BTC) recently delivering a significant technical signal known as a hidden cross. As Bitcoin makes a serious comeback, the spotlight is also on Shiba Inu (SHIB), which is primed for a potential volatility explosion.

Solana (SOL), the fifth largest cryptocurrency by market cap, has recently outperformed several of the top ten cryptocurrencies with a notable 6% price increase over the past week. This rise puts Solana just behind Dogecoin (DOGE), which gained 7.8% over the same period, as the two best performers among the top ten cryptocurrencies by market capitalization.

Solana started a steady increase above the $165 resistance zone. SOL price is trading well above $175 and aiming for more gains above $185.

A cryptocurrency investor has managed to turn 20 Solana (SOL) worth around $3,500 into over $3.2 million in just two days by betting on a token linked to a decentralized artificial intelligence (AI) trading fund ai16z.

Solana is a blockchain platform geared towards widespread use in areas like finance, payments, and gaming. In the past week, Solana saw net inflows of $7.6 million, bringing its total for the year to $39 millionan impressive surge of 7,500% compared to last weeks inflow of just $100,000.

Solana has had an impressive year. After worrying dips in late 2022, the bounce of the second half 2023 thrusted the platform to the top five.