While PumpSwap achieved record $426M volume, Raydium maintained dominance with 46.1% market share in Solana's competitive DEX landscape.
BlackRock expands its $1.7B tokenized money market fund, BUIDL, to Solana, leveraging the blockchain's speed and low fees to enhance on-chain access to U.S. dollar yields and tokenized treasuries. The post BlackRock Expands BUIDL Fund to Include Solana (SOL) appeared first on Cryptonews.
Last week, pump.fun completed Solana's most consequential DEX launch in some time when it unveiled PumpSwap, an automated market maker for pump.fun token migrations.
The co-founder of a popular cryptocurrency took a swipe at Layer-2 cryptos, claiming that these rollups are only redundant and make blockchain scaling more complicated. Anatoly Yakovenko, co-founder of the Solana network, argued that Layer-1 solutions are sufficient without Layer-2 tokens which do not offer genuine, long-term benefits.
Nikita Bier joins Solana as advisor tasked with helping to select companies launch and grow their mobile apps.
Chicago Board Options Exchange (Cboe) filed on March 25 to trade a spot Solana (SOL) exchange-traded fund (ETF) issued by Fidelity through the registration of a 19b-4 form. The move comes four days after Fidelity registered a Solana fund in Delaware.
Solana (SOL) price continues to display strong resistance to market fluctuations by maintaining its position above $140. The price of SOL increased by 15% over the past week following previous corrections that started earlier this month.
On today's show, Solana's SOL token climbs as BlackRock expanded its $1.7 billion tokenized money market fund to the network. Plus, President Trump's crypto project World Liberty Financial launches a stablecoin, while Trump Media shares jump following an announcement of a deal with Crypto.com to launch ETFs and related products.
Are we back? Solana bounced hard the last seven days (March 19-25) as market optimism returned following the Trump administration's apparent softening approach to tariff negotiations.
Blackrock and Securitize launched a new share class of their BUIDL tokenized treasury fund on the Solana blockchain on March 25, 2025, as the fund's assets hit $1.7 billion and the total tokenized treasury market reached a record-setting $5 billion.
The spectacular rise of Solana (SOL) by 8% this Monday, along with Bitcoin (BTC) nearing $90,000, illustrates the current volatility of the crypto market. However, this impressive momentum is closely linked to global economic developments, particularly the trade tensions caused by the United States, which weigh on the future of cryptocurrencies and investor confidence.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Users of the Polymarket forecasting service can deposit funds via the Solana blockchain.
Solana (SOL) is green on the day on reports that BlackRock is moving its blockchain-based money market fund onto the Ethereum (ETH) competitor's network. Fortune reports that the world's largest asset manager is adding its $1.7 billion BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to the Solana blockchain.
Cboe Exchange, which the ETF would be listed on, submitted a 19b-4 filing with the Securities and Exchange Commission on Tuesday.
But does the on-chain data back their conviction after months of decline?
Cboe BZX Exchange has officially filed form 19b-4 for a new Solana exchange-traded fund with the U.S. Securities and Exchange Commission.
Cboe BZX Exchange, a US securities exchange, has requested permission to list a proposed Fidelity exchange-traded fund (ETF) holding Solana (SOL), according to March 25 filings. The request now sits with the US Securities and Exchange Commission, which must approve the filing before trading of the Fidelity Solana Fund can commence on the exchange.
It's time for a showdown between two of the most important cryptocurrencies in 2025. In one corner, XRP (XRP -0.68%) backed by Ripple, aims to revolutionize the traditional financial system with its blockchain-based payment alternative.
Solana (SOL) co-founder Anatoly Yakovenko doesn't think there's any reason to build layer-2s, which are protocols designed to help smart contract platforms scale.
Cboe has officially filed a 19b-4 form on behalf of mutual fund giant Fidelity to launch a Solana (SOL) exchange-traded fund (ETF) in the U.S.
Fidelity has entered the ring for a Solana fund after Cboe BZX Exchange Inc. filed an essential form on behalf of the firm.
CBOE has filed its 19b-4 form for Fidelity's Spot Solana ETF with the US Securities and Exchange Commission (SEC). With this move, Fidelity joins a growing list of asset managers that have filed with the US SEC to offer a SOL ETF.
This new addition is a big deal for users looking for more ways to fund their accounts. It offers faster and more affordable transactions.
TL;DR BlackRock launches its BUIDL fund on the Solana blockchain, in collaboration with Securitize, adding another tool for investors. BUIDL, with over $1.7 billion in assets, offers dollar yields and allows flexible and continuous transactions. BUIDL is already available on blockchains such as Ethereum, Aptos, Polygon, Arbitrum, Avalanche, and Optimism.
Solana (SOL) has witnessed a significant development as BlackRock, the world's largest asset manager, has made inroads into the blockchain. In an update shared with members of the community, Solana announced its progress in terms of institutional adoption.
BlackRock and Securitize expanded the tokenized money market fund BUIDL to Solana as the push into blockchain-based TradFi continued.
BlackRock, the largest investment firm in the world with over $11 trillion in assets under management, made two significant moves on March 25 to increase its presence in the crypto industry.
BlackRock is expanding its money market fund to the Solana network, bringing its accessibility to seven blockchain networks.
This new addition builds on the company's existing acceptance of $ETH and $BTC. This will allow customers from Open House to use a wider range of digital assets to purchase property.
BlackRock is now running its tokenized money market fund on Solana, according to Fortune. The fund—officially called the BlackRock USD Institutional Digital Liquidity Fund, or just BUIDL—was launched a year ago and already sits on Ethereum and five other blockchains.
The Solana ecosystem continues to grow as the recent developments within have increased the confidence among the market participants. Blackrock recently integrated blockchain technology and launched a tokenized Treasury fund on Solana. The fund has already accumulated $1.7 billion in cash and Treasury bills, with expectations to surpass $2 billion in early April.
BlackRock's tokenized money market fund has expanded to the Solana blockchain as its market capitalization approaches the $2 billion mark.On March 25, Carlos Domingo, the founder and CEO of real-world asset (RWA) tokenization platform Securitize, welcomed the Solana network to the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). This marks the tokenized money market fund's expansion to another blockchain network.
Ethereum's price movement has been slow compared to other major cryptos, but BitMEX co-founder Arthur Hayes remains bullish. In a bold prediction, he claims that Ethereum (ETH) will reach $5,000 before Solana (SOL) hits $300. This statement has sparked debates on whether ETH can outperform SOL in the coming months.
Solana is now home to the largest yield-bearing tokenized treasury following the launch of a new share class on the network. According to a press release, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) has extended support to Solana, pushing the frontier for traditional money market funds.
The crypto market registered a marginal increase over the past 24 hours as prices steadied, with its current market cap at $2.83 trillion. Bitcoin (BTC) reached an intraday peak of $88,635 before declining and steadying itself around $86,500.
Fragmetric, a native liquid restaking protocol on the Solana blockchain, has successfully secured a total of $12 million in funding, following its recent $7 million seed funding round last month. This latest round was led by RockawayX, with participation from notable investors including Robot Ventures, Amber Group, Hypersphere, and BitGo.
The fnud now has $1.7 billion in assets and is spread across seven different blockchains as BlackRock expands its presence in the crypto space.
BlackRock (NASDAQ:HOOD) is deepening its engagement with blockchain technology by bringing its tokenized money market fund, BUIDL, to Solana. What Happened: The development was confirmed on Tuesday by Securitize, BlackRock's tech partner, marking another significant step in the asset manager's digital asset roadmap, Fortune reported.
PumpSwap, a newly launched decentralized exchange (DEX) on the Solana blockchain, has quickly reached significant milestones.
Solana decentralized exchange PumpSwap, launched a week ago, has surpassed $1 billion in cumulative trading volume, capturing 21% market share in Solana DEX market.
Solana (SOL 0.23%) is hovering around its lowest price in over a year. That comes after an impressive run took it to a new all-time high in January.
Kyle Samani, co-founder and managing partner of Multicoin Capital, outlined his renewed Solana bull thesis in an interview with Frank Chaparro.. Multicoin, one of Solana's earliest backers since its seed round in 2018, is doubling down on its conviction that Solana is the most strategically positioned blockchain to power the future of decentralized finance and payments.
Solana has surged by 12% over the past week, riding the broader market's recovery attempt. At press time, the Layer-1 (L1) trades at $139.41.
BitMEX co-founder Arthur Hayes has once again stolen the spotlight with his recent comment on the social media platform. In a recent X post, Hayes said that Ethereum price will hit a new all-time high of $5,000 before Solana's rally to $300.
XRP's price saw a 13% surge after the SEC dropped its case against Ripple Labs, potentially triggering optimism for future ETF approvals and a rise in market activity.
Solana's price has rebounded 5.87% to $138 amid increased trading volume and network activity, boosted by Polymarket's integration of SOL wallet deposits.