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news-imageFebruary 12, 2025

Binance Coin Flips Solana's Market Cap Amid Market Downturn: Will BNB Price Surge Above $700?

After the latest CPI data revealed that inflation picked up in January, following a trend of higher rates over the past three months, the overall market mood has soured. However, the price of BNB (Binance coin) is still rising, maintaining its upward trend despite increasing bearish pressure. Additionally, it has recently flipped Solana's market cap.
Publisher: CoinPedia
Sentiment: Positive
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cover-imageBitcoinist
February 12, 2025

BNB Surges: Top 3 Memecoins on Binance Smart Chain to Watch

While the broader crypto market struggles, BNB has outperformed major assets like Bitcoin and Ethereum, gaining over 12% in the past week. This bullish movement has reignited interest in Binance Smart Chain (BSC) tokens, particularly memecoins, which thrive in speculative environments.

Positive
cover-imageCryptonews
February 12, 2025

Franklin Templeton Launches Tokenized Money Market Fund (FOBXX) on Solana

Franklin Templeton's tokenized money market fund, FOBXX, is now available on Solana, following previous deployments on Ethereum, Base, and other networks. This move highlights Solana's role in institutional adoption and blockchain-based financial solutions. The post Franklin Templeton Launches Tokenized Money Market Fund (FOBXX) on Solana appeared first on Cryptonews.

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cover-imageCoingape
February 12, 2025

Analyst Identifies Key Levels For BNB Price Rally To $800

Crypto analyst Ali Martinez has identified critical resistance levels that could determine whether Binance Coin (BNB) continues its upward trajectory toward $800. His analysis highlights three major simple moving averages (SMA)—the 50, 100, and 200 SMA—that currently act as strong barriers to further price growth.

Positive
cover-imageCrypto Economy
February 12, 2025

Franklin Templeton Expands $FOBXX to Solana's Fast Network

TL;DR Franklin Templeton has integrated its FOBXX fund into Solana to leverage its speed and security, expanding its availability beyond networks like Ethereum, Base, and Polygon. The fund maintains a stable $1 per share price and is backed 99.5% by U.S. government securities, cash, and repurchase agreements.

Positive
cover-imageCrypto news
February 12, 2025

Franklin Templeton expands money market fund to Solana

Franklin Templeton has officially expanded its tokenized money market fund to Solana. The asset manager, whose crypto traction includes the launch of spot Bitcoin and Ethereum exchange-traded funds, now offers its Franklin OnChain U.S. Government fund on Solana (SOL).

Negative
cover-imageUToday
February 12, 2025

Solana (SOL) Returns Below $200 as Market Stays in Red

Solana (SOL), the fifth largest digital asset by market cap, has once again slipped below the crucial $200 mark as the broader cryptocurrency market remains in the red. The pullback comes amid a general market drop, with major cryptocurrencies struggling to maintain recent gains.

Positive
cover-imageThe Daily Hodl
February 12, 2025

Attention Shifting Away From Memecoins to Bitcoin, Ethereum, Solana and Cardano: Santiment

Attention in the crypto sector is shifting away from memecoins and moving towards large-cap layer-1 projects, according to the digital asset analytics firm Santiment. Santiment notes traders are more focused on Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Toncoin (TON) and Cardano (ADA), which the firm says suggests a healthier crypto market dynamic.

Positive
cover-imageTokenpost
February 12, 2025

Solana Outpaces Ethereum in Revenue Amid Crypto Slowdown

Solana continues to outperform Ethereum in revenue generation, even as the crypto market faces reduced retail trading activity. Data from DeFiLlama shows that Solanas applications generate significantly more revenue than Ethereums, with crypto researcher Aylo reporting that Solana apps have earned up to 10 times more than their Ethereum counterparts as of Feb. 10.

Positive
cover-imageThe Daily Hodl
February 12, 2025

Abra CEO Unveils Massive ‘Base Case' Price Targets for Bitcoin, Ethereum, Solana and Sui

The chief executive of crypto exchange Abra believes Bitcoin (BTC) and other top digital assets may hit massive price targets this cycle for one main reason. Bill Barhydt says that economic policies under US President Donald Trump may inject a huge amount of liquidity into the markets causing crypto assets to soar to astronomical prices.

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