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A contributor to the forum of the Jito Foundation proposed potential mechanisms for revenue redistribution. The proposal caused whale buying and a JTO token rally to $2.62.
The protocol's co-founder is among a number of crypto industry players who have taken issue with U.S. President Donald Trump's plans to create a digital asset reserve.
In a newly released market perspective titled Solana vs. Ethereum Decentralized Finance, global investment firm Franklin Templeton sheds light on the increasingly competitive landscape in decentralized finance (DeFi).
Memecoin daily trading was down over 90% this week amid crypto prices facing a wide-ranging market correction.
Crypto degens pumped the DADDY Solana meme coin following news that Andrew Tate is facing yet another criminal investigation.
SUI has gone up 18.2% in the past 24 hours and currently sits at $2.97 after the layer-one blockchain announced that it was exploring “product development opportunities” with the Trump-backed DeFi Protocol World Liberty Financial.
Bitcoin and the altcoins selected for the US crypto strategic reserve could stay range-bound in the short term, barring a blockbuster announcement on March 7.
Solana trading volumes briefly topped the entire Ethereum ecosystem's in February.
Earlier this week, a wallet linked to the collapsed crypto exchange FTX and its trading arm, Alameda Research, unstaked $431.3 million worth of Solana (SOL).A portion of those funds—$3.4 million, to be exact—have been transferred to Binance. When wallets transfer assets to crypto exchanges, they are typically looking to sell them. Of the 3.03M $SOL($431.
Jito (JTO) has faced increasing selling pressure, struggling to break above key resistance levels, and recently experienced a “death cross” on its exponential moving averages (EMAs). This technical formation signals a potential bearish trend, suggesting that JTO might face further downside.
JPMorgan sees less than a 50% chance of a U.S. strategic crypto reserve gaining approval, citing congressional hurdles.
TL;DR Michael Saylor reaffirms that Bitcoin should be the central asset in the U.S. crypto reserve, emphasizing its decentralized nature and dominant role in the digital economy. Donald Trump initially included XRP, Solana, and Cardano in the reserve, but after criticism, he clarified that only Bitcoin and Ethereum would be part of the plan.
Solana price may be poised for a parabolic rally after Wall Street giant VanEck hailed a new proposal to reduce the annual SOL inflation rate to 1.5%. This proposal will commence voting on March 6, 2025, and if implemented, it could reduce Solana's supply significantly and drive price growth.
The cryptocurrency community is quite optimistic about the U.S. Strategic Crypto Reserve, mainly because Donald Trump posted about it. TRUMP revealed the optimistic news that he and his team are working on the digital asset reserve, including Bitcoin, Ethereum, Solana, XRP, and Cardano.
The crypto market continued its upward trajectory, with the market cap increasing by over 4% to reclaim the $3 trillion mark. Most cryptocurrencies traded in positive territory, and Bitcoin (BTC) reclaimed the $90,000 level after an increase of nearly 6% over the past 24 hours.
The crypto market's volatility index could shoot up further this Friday as investors brace for the upcoming White House digital currency summit. Trump's announcement of a US Crypto Strategy Reserve last weekend set off a wave of market reactions.
PAWS, a popular Telegram Mini App, migrates to Solana in reaction to newly imposed requirements by the social media platform.
Solana (SOL) has gone up 1.5% in the past day and currently stands at $148.7 as volatility has subsided in the past few days.
Solana's price has faced significant struggles in recent weeks, particularly in its attempt to breach the key resistance of $183. The altcoin's inability to break through this level has caused a pullback, leaving it trading at around $150.
Industry heat turns up: Donald Trump's crypto reserve plans get roasted a day before White House Crypto Summit.
Hamster Network has reached a significant milestone in blockchain technology by processing 34,028 transactions per second (TPS), surpassing leading platforms such as Solana and Aptos.
Recent data indicates a significant decline in whale activity for both Dogecoin (DOGE) and Solana (SOL), suggesting reduced interest from large investors. For Dogecoin, large transactions have plummeted nearly 88% since mid-November 2024, leading to diminished liquidity and investor confidence. In contrast, Mutuum Finance (MUTM) is witnessing a rapid increase in whale interest.
Solana co-founder Anatoly Yakovenko opposes Trump's idea for a U.S. crypto reserve, stating it goes against decentralization by putting it in the hands of the government.
Solana validators are voting on a major cut to SOL's staking rewards.
Ripple Labs executives have proposed to US President Donald Trump to include SOL in the Strategic Digital Asset Reserve (SBR), which was announced on 2 March. The move should make the addition of XRP more legitimate, Unchained wrote.
The market appears to be pricing in minimal expectations for these altcoins.
TL;DR Solana is experiencing explosive growth in DeFi, with several protocols surpassing $1 billion in total value locked (TVL), challenging Ethereum's dominance. In Q4 2024, decentralized exchange (DEX) volume on Solana exceeded that of Ethereum, marking a significant shift in DeFi activity.
Solana (SOL) is currently navigating a tumultuous phase, as massive amounts of the cryptocurrency are being unstaked and put up for sale. This movement has created a series of liquidity pressures, leading investors to question whether Solana can withstand this challenging environment.
On Sunday, US President Donald Trump unveiled a Strategic Crypto Reserve featuring multiple digital assets: Bitcoin, Ether, XRP, Solana (SOL), and Cardano (ADA). Many observers were initially surprised to see altcoins—particularly XRP, SOL, and ADA—in a federal-level announcement once presumed to revolve solely around Bitcoin.
Solana co-founder Anatoly Yakovenko says a U.S. crypto strategic reserve would undermine decentralization, calling for no reserve at all.
TL;DR Solana's co-founder, Anatoly Yakovenko, opposes a U.S. crypto reserve, arguing it would centralize control and undermine crypto's core principle of decentralization. Yakovenko proposes state-level control over crypto reserves to preserve decentralization and provide a safety net against federal errors.
Solana co-founder Anatoly Yakovenko opposes a US national crypto reserve, warning that government control could undermine decentralization.
Solana co-founder Anatoly Yakovenko opposes a US national crypto reserve, warning that government control could undermine decentralization.
The cryptocurrency market staged a sharp recovery, bouncing back from a steep sell-off sparked by Trump's announcement of 25% tariffs on U.S. imports from Canada and Mexico.
Solana (SOL 2.59%) is down 30% so far this year, and many investors expect it to fall even further, and soon. But, as wise investors know, there's a smart set of reasons to sell an investment and a much larger set of ill-advised selling reasons that may lead your portfolio's value downward over time.
Despite $SOL's recent dip to $131, 55% below its all-time high of $294 recorded two months ago, our Solana price prediction for the rest of the year is bullish. $SOL is currently trading at $148.85 with a 5.83% weekly increase, though the monthly trend is bearish (-27.42%).
A major crypto moment is set for Saturday, March 7. The White House will host its first-ever Crypto Summit, where discussions will go beyond Bitcoin (BTC) and Ethereum (ETH).
A major crypto moment is set for Saturday, March 7. The White House will host its first-ever Crypto Summit, where discussions will go beyond Bitcoin (BTC) and Ethereum (ETH).
Solana Labs co-founder Anatoly Yakovenko has revealed that he is against a crypto reserve in the United States. He believes that a crypto reserve will lead to the failure of decentralization once the government is put in charge of it.
Anatoly Yakovenko, the co-founder of the Solana (CRYPTO: SOL) ecosystem, argued against a federal government-controlled cryptocurrency reserve Wednesday, citing a threat to decentralization. What Happened: In an X post, Yakovenko outlined his order of preference for a potential cryptocurrency reserve.
A large Solana (SOL) whale moved 494,153 SOL, valued at approximately $72 million, to Coinbase Institutional, fueling fears of an impending sell-off. This large transfer to an exchange, commonly known as an “exchange inflow,” typically signals that the investor may intend to sell the assets, leading to increased supply in the market.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) Ethereum closes another week in red after the price fell by 3%.
Jito struggled to break key resistance levels while witnessing a death cross on the EMAs.
In a shocking incident, the Hong Kong government has unveiled a sophisticated crypto scam, involving a fake social media account impersonating the city's Chief Executive. The scammers used the account to promote a fake cryptocurrency called “National Hong Kong Coin”, prompting a swift warning from the government.
In February, Solana saw a substantial outflow of $485 million as investors sought safer assets amid increasing uncertainty in the cryptocurrency market.
Options pricing on Deribit suggests BTC could swing by nearly $5K following the crypto summit, according to analysis by STS Digital
The cryptocurrency market surged on March 6, adding nearly 4% in value as investor sentiment improved following US President Donald Trump's announcement of a national crypto reserve. This initiative, which includes Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP, has fuelled optimism after February's sharp decline triggered by trade war concerns.