An obstacle has been encountered in Bitcoin's ascent to the elusive $100,000 milestone, prompting traders and investors to wonder what is preventing the top cryptocurrency from reaching its full potential. Although Bitcoin has recently experienced bullish momentum that brought it near $100,000, the psychological barrier has not been broken.

Grayscale Investments, one of the largest asset management firms in the cryptocurrency sector, has officially filed for a Spot Solana Exchange-Traded Fund (ETF) with the New York Stock Exchange (NYSE). This move, declared on December 4, 2024, marks a significant development in the ongoing evolution of crypto investment products, especially after the successful approvals of Bitcoin and Ethereum ETFs earlier this year.

Ethereum's Beam Chain "is all about improving the long-term health and security of the consensus layer," says Drake. “Solana has no consideration for health.

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Sol Strategies expands its footprint in the Solana blockchain ecosystem with a CAD $174.7M validator acquisition. The move grows its delegation to 1.49M SOL, strengthening operations and positioning it as a leader in validator commissions. Regulatory approval remains the final step for deal closure. The post Sol Strategies Sets the Stage for Growth with New Validator Acquisition appeared first on Cryptonews.

A Solana (SOL)-based memecoin is surging by double digits after Coinbase added the crypto asset to its listing roadmap. Gigachad (GIGA), a crypto asset inspired by the photo shoot of Russian bodybuilder Ernest Khalimov, soared 51% as the top US crypto exchange made the announcement. GIGA was trading for $0.

Bitcoin may consolidate in the near term while select altcoins continue to outperform.

Grayscale recently filed to convert its Solana Trust into a spot ETF, marking a significant step in expanding institutional access to Solana.

Assets management firm Grayscale expects Solana's (SOL) rise to continue as it outperforms major crypto assets. In a recent market report, the firm noted that Solana trumped Ethereum this year due to meme coin trading on the network.

Solana has risen by 5% today, climbing to $236 after Grayscale filed to transform its Solana Trust into a ETF. The post Grayscale's Spot Solana ETF Could Ignite SOL to $400 – Here's Why Bulls Are Watching appeared first on Cryptonews.

The cryptocurrency landscape is teeming with innovative projects, but some stand out for their unique inspiration. Enter $MOTH on Solana, a memecoin built around the internet's fascination with $MOTHs and their irresistible urge to become one with the lamp.

Solana's Gigachad (GIGA) experienced a notable surge in price following Coinbase's announcement of its plans to include the token in its listing roadmap. This addition included other digital assets such as Ethereum's Turbo (TURBO), signaling the exchange's ongoing commitment to expanding its asset offerings.

Coinbase announced plans to list the meme coins Gigachad and Turbo, causing the prices of both to immediately skyrocket.

Grayscale files with the SEC to convert its Solana Trust into a spot ETF, competing amid Solana's rising popularity.

What makes Pump.fun dominate Solana's DEX market, even as scandals rock its ecosystem and raise questions about its sustainability? Pump.

SOL has lost its spot as the fifth-largest cryptocurrency to BNB.

Solana (SOL) price is currently 12% below its all-time high, which was reached on November 22. Despite this recent pullback, SOL remains one of the year's top performers, boasting an impressive 275.85% gain year-to-date.

Pump.fun achieved $93M in revenue despite controversy and livestream content issues. Solana meme tokens like PNUT and CHILLGUY drive significant platform growth.

As the early excitement of Grayscale filing for Solana fizzles out, Solana faces a minor pullback. But will the growing bullish leverage drive the rally further?

Solana (SOL) price has experienced a remarkable surge, gaining 40% since early November. This growth reflects the broader market's bullishness, highlighting SOL's potential for further momentum.

Binance's asset BNB has risen more than 20%, surpassing Solana to take fifth place among cryptocurrencies in terms of market value. The price of BNB hit a record high of $776, solidifying its position as the market leader.

The breach led to $160,000 in stolen assets, including SOL tokens and other crypto assets, according to Solscan data.

BNB's derivatives market activity has also spiked, with 301% volume growth and a 40% open interest increase, supporting the recent rally.

Joining a competitive race amid Solana's significant market growth, Grayscale Investments has filed with the SEC to convert its Solana Trust into a spot ETF on NYSE Arca.

PancakeSwap, a leader in decentralized finance (DeFi), has unveiled SpringBoard, a streamlined token creation platform designed for the BNB Chain.

Despite the Bitcoin price struggling to take off from the $96,000 support level, Solana comes as a rising altcoin. With Grayscale filing the 19b-4 form to turn its Solana Trust into an ETF, the market sentiments for Solana have significantly improved.

Bitcoin (BTC) is back above $96,000 after suffering a slight pullback which dragged the price to a low of $93,645 late on Tuesday. The cryptocurrency is marginally up over the past 24 hours and is trading around the $96,500 mark, consolidating between $94,000 and $98,000.

Grayscale, one of the giants in cryptocurrency investment, has recently shaken the Securities and Exchange Commission (SEC) by filing a proposal to create a spot Solana ETF. This bold move could signify a turning point in the approval of spot ETFs for cryptocurrencies other than Bitcoin and Ether.

Phantom has assured users it is safe from a critical vulnerability in the Solana/web3.js library, confirming it never used the affected versions, while urging developers to upgrade to version 1.95.8 for enhanced security. The post Phantom Safe from Solana Web3.js Bug; Upgrade to 1.95.8 Urged appeared first on Cryptonews.

Grayscale Investments is working to transform its Solana Trust into a spot ETF on the NYSE Arca, aiming to enhance the accessibility of its $134 million Solana investment fund.

Lightchain AI merges blockchain and artificial intelligence to address the limitations of Ethereum and Solana, paving the way for the next phase of decentralized solutions. #partnercontent

TL;DR Grayscale Investments has filed for a spot Solana ETF with the SEC, aiming to list the Grayscale Solana Trust on the NYSE, providing regulated access to Solana investments. The filing comes amid growing institutional interest in Solana, with Grayscale's Solana Trust managing $134.2 million in assets.

Both Solana (SOL) and Pepe (PEPE) registered whale wallet activity. Whales may indicate an extension of the meme super cycle, or simply prepare for a bigger overall rally.

Can SOL break out of its consolidation zone and reclaim $250? Explore the key levels driving the next major move for Solana.

A detailed analysis revealed that the compromised library versions contained hidden code designed to steal private keys and send them to a specific wallet address.

The crypto market cap hits a new all-time high (ATH) today, surpassing the $3.50 trillion landmark. The Altcoin Season Index by platforms including Blockchain Center and CoinMarketCap indicated the market has entered altcoin season, with confirmation from one of the top analysts Markus Thielen, CEO of 10x Research.

Grayscale Investments' application to convert its $134 million Solana Trust into a spot ETF coincides with a 6% price recovery in SOL, as multiple firms pursue similar products amid growing institutional interest in the cryptocurrency.

Digital assets behemoth Grayscale has become the latest entrant into the Solana ETF race as it seeks to convert its existing Solana Trust (GSOL) into a spot SOL exchange-traded fund.

With the entry of Grayscale in the Solana ETF race, the news has sparked a 3.62% price surge in Solana. This adds to the growing optimism around its future potential in Solana, as it surpasses Ethereum in various DeFi metrics.

A supply chain attack on the Solana network ecosystem was quickly contained during the past day. On Dec. 3, Anza, a Solana-focused development team, revealed that an account with publish access to the solana/web3.js JavaScript library was compromised.

Grayscale has filed with the SEC to convert its Solana Trust into a spot ETF. Competitors like 21Shares and VanEck are also vying for spot Solana ETFs.

Solana is gaining momentum, bouncing back from the $215 level. With its price climbing steadily, SOL could soon challenge the $240 and $250 resistance zones.

Grayscale files for Solana ETF on NYSE, following Bitcoin ETF options approval.

The Solana (SOL) network has grown to a top-tier layer one (L1) blockchain majorly bolstered by the memecoins launched in the past year. Solana's memecoin market cap has scaled to over $20 billion and a daily average traded volume of over $8 billion, led by dogwifhat (WIF), and Bonk (BONK), among others.

Phantom has confirmed that it has not been affected by a vulnerability discovered in the Solana library, i.e. Solana/web3.js.

Grayscale Investments has filed with the SEC to launch a spot Solana ETF, aiming to convert its existing Solana Trust into a publicly traded fund on the NYSE.

Solana started a fresh increase from the $215 zone. SOL price is rising and might aim for a move above the $240 and $250 resistance levels.