Solana News

Solana Apps Dominate Revenue Charts, Outperforming Ethereum 10 to 1

Solana applications demonstrate superior revenue generation compared to Ethereum counterparts. Revenue gap shows Solana apps earning up to 10 times more than Ethereum-based applications. Analysis includes...

Barstool’s Dave Portnoy Makes $68K in One Day Trading Solana Meme Coins, Accidentally Doxxes Own Wallet

Dave Portnoy made $68,000 in profits trading Solana meme coins in a single day through two separate trades. His first trade with MONTOYA tokens yielded...

Law Firms Issue Cease and Desist to Solana Platform Over Mocking Memecoins

Law firms Burwick Law and Wolf Popper issue cease and desist to Pump.fun over unauthorized token creation. Multiple tokens created on Solana network impersonating the...

Solana Stablecoin Market Cap Doubles in January as USDC Dominates Network

Solana's stablecoin market cap doubled to $11.4 billion in January 2024. Circle's USDC dominates Solana with 80% of stablecoin volume. Memecoin trading activity, particularly Trump-related tokens,...

Law Firm’s Meme Token Skyrockets to $23M Market Cap Amid Solana Lawsuit Drama

A meme cryptocurrency linked to legal proceedings against Pump.fun reached a $23 million market capitalization before declining to $2.4 million. Court documents revealed matching wallet...

Solana vs Shiba Inu: A Tale of Two Investment Strategies in the Crypto Market

Solana currently holds a $114 billion market cap, making it the fifth-largest cryptocurrency with $11 billion in 24-hour trading volume. Multiple catalysts including potential ETF...

Cboe Exchange Renews Push for Spot Solana ETFs with Fresh Applications

Cboe BZX Exchange has resubmitted applications for four spot Solana ETF proposals. Asset managers include Bitwise, VanEck, 21Shares, and Canary Capital. The refilings come after previous...

Major Exchange Revives Race for Solana ETFs with Four New Applications

Four major investment firms submit new Solana ETF applications through Cboe BZX Exchange. Applications include Canary, Bitwise, 21Shares, and VanEck proposals for spot Solana products. Regulatory...

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Bank of Korea Renames Digital Currency Unit, Eyes Stablecoin Bills

The Bank of Korea renamed its Digital Currency Research Lab and established a new Virtual Asset Committee to handle...

Kraken Seeks $15B Valuation, Benchmarking Binance Above $100B

Kraken is raising $500 million at a $15 billion valuation in advance of a planned 2026 IPO. This valuation applies...

Trump’s Crypto Group Urges Immediate Federal Clarity on Trading Rules

The White House’s crypto working group has called for federal regulators to clarify digital asset trading rules.Recent policy proposals...

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