Solana News

SafeMoon Plans Solana Memecoin Launch After Massive Token Burn

safemoon launches new memecoin on Solana network, scheduled for Saturday 1:00 AM UTC. Team burns 2.2 trillion tokens across Ethereum, Polygon, and Binance Smart Chain...

Solana Trading Bots Outperform Ethereum in 24-Hour Revenue

Solana trading bots outperformed Ethereum in revenue generation over 24 hours, with BullX leading at $1.63 million. Ethereum generated $528,540 in daily revenue, ranking 18th...

Kraken Lists Solana Version of Coinbase Base Token Before Coinbase Does

Kraken lists Solana version of Virtuals token originally launched on Coinbase's Base Blockchain. Virtual Protocol's market cap dropped from $5 billion to under $1 billion...

Franklin Templeton Signals Potential Spot Solana ETF Launch with Delaware Trust Filing

Franklin Templeton registered "Franklin Solana Trust" in Delaware on February 10, 2024. Trust registration suggests the asset manager's plans to launch a spot Solana ETF. CSC...

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,...

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Robinhood’s Crypto Trading Volume Plummets 29% in February Amid Market Downturn

Robinhood's crypto trading volume plunged 29% in February to $14.4 billion, outpacing declines in its equities and options trading...

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...

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