Solana News

Solana Treasury Firm Loses $1B Despite Staking Yields

Forward Industries, a publicly-traded Solana treasury company, has incurred approximately $955 million in unrealized losses on its SOL holdings since launching its strategy in...

Solana ETFs See Record Inflows, Futures Interest as SOL Targets $120

Spot Solana ETFs saw their strongest weekly inflows since February, attracting $39.23 million last week.Solana futures open interest surged by $1.5 billion in May,...

Western Union Launches USDPT Stablecoin on Solana

Western Union launched USDPT, a dollar-backed stablecoin built on Solana and issued by federally regulated Anchorage Digital Bank.The stablecoin will be used for global...

Western Union to Launch Solana-Based Stablecoin Next Month

Western Union will launch its Solana-based stablecoin, USDPT, next month, targeting agent network settlements.The company is also building a Digital Asset Network and plans...

Solana Casino Luck.io Shuts Down After Pricey PR Run

Luck.io, a high-profile Solana-based casino, announced its shutdown on April 24, 2026, after a year of aggressive influencer marketing.The project spent up to $500,000...

Tether backs Drift’s $150M hack recovery, eyes Solana

Tether is supporting a recovery plan for the hacked Solana exchange Drift Protocol, which will switch its primary stablecoin from USDC to USDT.The move...

Crypto Plunge: Ethereum, Dogecoin, Solana Drop >5%

Bitcoin fell under $70,000 and the crypto market dropped nearly 3% amid geopolitical worries and surging oil prices.Liquidations totaled roughly $272 million, with Ethereum...

Pump.fun Eyes Multi-Chain Expansion Beyond Solana

Pump.fun surpassed $1 billion in cumulative earnings, becoming the first Solana-based platform to hit the milestone.Its token, PUMP, rallied over 5% in 24 hours,...

Latest news

Burry Warns AI Boom Temporary; NVDA Underperforms

Investor Michael Burry argues the current surge in AI demand is temporary and driven by a phase of benchmarking...

Kelp DAO Recovers $293M in rsETH After Lazarus Hack

The Kelp DAO protocol has completed a five-week recovery of its restaked Ether (rsETH) token following a $293 million...

BitMine to Join Russell 1000, Spurring ETF Buying Wave

BitMine Immersion Technologies is set to join the large-cap Russell 1000 Index on June 26 after its reconstitution.The company's...