Solana News

Solana Network Revenue Plummets 93% as Memecoin Interest Fades

Solana network revenue has plummeted 93% from its mid-January peak of $55.3 million to just $4 million in the past week.DeFi total value locked...

Jito Network Unveils Ambitious Treasury Deployment Strategy for Solana Transaction Revenues

Jito Network, processing more than half of Solana's transaction fees, faces decisions on how to utilize its growing treasury.A new proposal suggests a "buyback...

Franklin Templeton Report Reveals Solana DeFi Growth Outpacing Ethereum Despite Lower Token Value

Solana DeFi projects show 2,400% median fee growth year-over-year compared to Ethereum's 150%, yet trade at lower valuation multiples (9x vs 18x).According to Franklin...

Solana Sees Nearly $500 Million in Outflows as Investors Seek Safer Assets

Solana experienced nearly $485 million in capital outflows during the past month as investors sought safer crypto assets.Bitcoin dominance increased to 59.6% as market...

Solana Protocol Upgrades Could Slash Validator Revenues by 95%, Says VanEck

Solana's upcoming protocol upgrades could reduce validator revenue by up to 95%, potentially threatening smaller operators.Two key proposals (SIMDs) will be voted on in...

Trump Announces US Crypto Reserve, Selecting XRP, Cardano, Solana Among Initial Assets

Former President Trump announces crypto reserve plans including XRP, ADA, SOL, BTC and ETH, driving significant price increases Industry leaders express concerns about government picking...

Trump Names Bitcoin, Ether, XRP, Solana and Cardano as Potential US Strategic Crypto Reserve Coins

Trump's mention of potential strategic crypto reserve coins (BTC, ETH, XRP, SOL, and ADA) triggered significant price rallies.These tokens showed notable "Coinbase premium" -...

Trump Announces U.S. “Crypto Reserve” to Include Bitcoin, Ethereum, XRP, Solana, and Cardano

President Trump has announced plans for a U.S. "crypto reserve" that will include XRP, Solana, Cardano, Bitcoin, and Ethereum.Prices for the mentioned cryptocurrencies surged...

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Cantor Fitzgerald Launches $2 Billion Bitcoin Financing Business with Anchorage Digital and Copper as Custodians

Cantor Fitzgerald launches Bitcoin financing business with $2 billion in initial capital, partnering with Anchorage Digital and Copper as...

OCC Reaffirms Permissible Cryptocurrency Activities for Banks, Removes Prior Approval Requirements

OCC's Interpretive Letter 1183 confirms that national banks can legally engage in crypto custody, certain stablecoin activities, and blockchain...

Ethereum Down 33% Since Eric Trump’s “Great Time to Add ETH” Prediction

Ethereum has plummeted approximately 33% since Eric Trump's February endorsement, dropping from $2,877 to around $1,908.This marks Ethereum's worst...

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