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news-imageJune 19, 2024

Are Solana, Cardano, Polygon Commodities As US SEC Ends Ethereum Investigation?

The U.S. Securities and Exchange Commission (SEC) has permanently closed its Ethereum investigation, which sparked a rally in ETH and altcoins. While the move by the SEC has gained skepticism, especially in the XRP community, does Ether gaining status as a commodity means all proof-of-stake (PoS) cryptocurrencies such as Solana, Cardano, and Polygon are commodities?
Publisher: Coingape
Sentiment: Positive
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Positive
cover-imageCoinPedia
April 23, 2025

Mega Bullish: SOL Strategies Announces $500M to Buy More Solana

SOL Strategies agreed with ATW Partners to issue a convertible note of up to $500M. The capital will exclusively be used for purchasing Solana coins, and staked to offer regular yields. Solana price will heavily benefit from the deal, especially after the recent bullish breakout. SOL Strategies Inc.

Positive
cover-imageBenzinga
April 23, 2025

Bitcoin Spot ETFs Record $936 Million Net Inflow, Ethereum ETFs Add $38.74 Million

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: BTC) spot ETFs saw combined net inflows of $974.7 million on Tuesday, reflecting sustained investor interest in cryptocurrency funds. What Happened: Bitcoin spot ETFs recorded $936 million in net inflows, marking three consecutive days of positive flows, while Ethereum spot ETFs added $38.7 million, with all nine funds showing gains.

Positive
cover-imageCrypto Economy
April 23, 2025

Polygon and Pyse Electrify Dubai, Eye India's EV Boom

TL;DR Polygon and Pyse launch a model that tokenizes electric delivery motorcycles and monetizes their environmental and urban data on blockchain. The system rewards users with tokens based on the value of the data generated, which is later commercialized for logistics and insurance.

Neutral
cover-imageThe Daily Hodl
April 23, 2025

Galaxy Digital Unloads Ethereum and Accumulates Solana As $105,480,000 in ETH Deposited to Binance: Lookonchain

Crypto firm Galaxy Digital is executing an asset swap involving the native tokens of layer-1 blockchains Ethereum (ETH) and Solana (SOL), according to on-chain data. Data from blockchain tracking platform Lookonchain suggests that Galaxy Digital has, over the past two weeks, sold Ethereum worth tens of millions of dollars and purchased Solana.

Positive
cover-imageCryptonews
April 23, 2025

SOL Strategies Secures $500M Convertible Note Facility to Boost SOL Purchases and Validator Growth

SOL Strategies secured a $500M convertible note facility to acquire SOL tokens and expand validator operations, with interest paid via staking yields, marking a major institutional staking move in the Solana ecosystem. The post SOL Strategies Secures $500M Convertible Note Facility to Boost SOL Purchases and Validator Growth appeared first on Cryptonews.

Positive
cover-imageCryptonews
April 23, 2025

SOL Strategies Locks In Record $500M Note to Turbo-Charge SOL Staking Yield

SOL Strategies has unveiled a convertible note facility of up to $500M, with a $20M opening tranche expected by May 1 2025. Proceeds purchase SOL that is staked on in-house validators, and note interest is paid in SOL at up to 85% of the staking yield generated. The post SOL Strategies Locks In Record $500M Note to Turbo-Charge SOL Staking Yield appeared first on Cryptonews.

Positive
cover-imageThe Cryptonomist
April 23, 2025

DeFi Development Corporation invests $11.5 million in Solana

The DeFi Development Corporation, a company listed on Nasdaq with the symbol JNVR and previously known as Janover, has announced a significant financial operation that further consolidates its position by investing in Solana. The company has indeed acquired 88,164 Solana tokens (SOL) for a total value of approximately 11.5 million dollars, thus bringing its total holdings to 251,842 SOL, equivalent to about 34.4 million dollars, also considering the accumulated staking rewards.

Positive
cover-imageCrypto Economy
April 23, 2025

Cardano Bull Run Unfolds: Experts Predict a Surge to $5

TL;DR Cardano's Momentum Rising: ADA has bounced back above key support levels, signaling renewed bullish momentum as it prepares for a potential surge up to $5. Analysts Weigh In: Experts, including top analysts like Crypto Patel and Javon Marks, identify strong technical patterns that could propel ADA past previous resistance thresholds.

Positive
cover-imageNewsBTC
April 23, 2025

Cardano Set For 1,000% Explosion? Analyst Says ‘Just HODL'

Cardano (ADA) may experience explosive price appreciation in the near future, with some experts projecting more than 1,000% gains, based on recent market movements. The cryptocurrency, which is currently valued at $0.64, may be on the verge of a major breakthrough if current trends continue.

Positive
cover-imageCrypto Daily
April 23, 2025

Crypto Price Analysis 4-23: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, INTERNET COMPUTER: ICP, ALGORAND: ALGO, BITTENSOR: TAO

The crypto market is surging along with the broader financial market after Treasury Secretary Scott Bessent stated during a closed-door meeting that the trade war between the US and China is unsustainable. Bitcoin (BTC) continued its upward trajectory, crossing $93,000, a key resistance level.

Positive
cover-imageCoinPedia
April 23, 2025

Cardano Price Eyes $5 After 17% Surge

Cardano has drifted in the green zone as it trades at $0.7093, up 11% in the past day and over 17% in the past week. The trading volume is also up over 65%, which shows growing investor interest. Whale Accumulations On the Rise Onchain data from Santiment also showed whale accumulations.

Positive
cover-imageBenzinga
April 23, 2025

XRP, Ethereum, Solana, Dogecoin Surge 10% On Bitcoin's $94,000 Push: How High Can They Go?

Bitcoin's (CRYPTO: BTC) climb to $94,250, up 6.5% during European trading hours on Wednesday, has ignited a rally across major altcoins, with Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), XRP (CRYPTO: XRP) and others posting double-digit gains. This surge points toward a broader market shift, where altcoins are poised for significant upside, driven by institutional adoption, regulatory clarity, and ecosystem innovation.

Positive
cover-imageCoinPedia
April 23, 2025

Why Ethereum Price is Up Today— Key Reasons Behind It

Ethereum, the world's second-largest cryptocurrency, has made a strong comeback after dipping below $1,400 not long ago. Now, it's back above $1,800, a three-week high, and investors are starting to ask, What's behind this sudden surge? Let's take a look at the key reasons.

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