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What is the future of Solana (SOL) with Franklin Templeton's expansion into its ecosystem, the launch of new investment products, and growing ETF interest?
Asset manager Franklin Templeton has introduced its tokenized money market fund, the Franklin OnChain US Government Money Fund (FOBXX), on the Solana (SOL) blockchain.
BNB, the native crypto for the BNB chain, has experienced a significant surge in market capitalization, surpassing Solana (SOL).
Swing traders and investors need to watch out for a drop below $190 as selling pressure remains firm.
Solana started a fresh decline from the $210 zone. SOL price is consolidating and might aim for a fresh move above the $200 resistance zone.
Franklin Templeton introduced its OnChain US Money Market Fund (FOBXX) on Solana yesterday, February 12. The tokenized fund was previously available on Ethereum, Avalanche, Aptos, and Coinbase's Base. The latest move came a day after the investment firm filed for a Solana exchange-traded fund in Delaware.
In a thread shared on X, Justin Bons—Founder and Chief Investment Officer of Cyber Capital, a fund he describes as Europe's oldest cryptocurrency fund—set out a pointed critique of the Solana blockchain.
The cryptocurrency community is speculating about a potential Solana (SOL) price explosion. Adding to this speculation?
Franklin Templeton announced on Feb. 12 that its tokenized money fund, “Franklin OnChain US Government Money Fund” (FOBXX), was deployed on Solana — the fund is now available on eight different blockchains. According to Franklin Templeton's website, the FOBXX invests 99.
Much of the revenue was generated in November which topped $367 million or nearly $100 million more than the revenue generated in the entire previous quarter.
SEC reviewing Solana ETF applications, with Grayscale as a frontrunner. After Bitcoin and Ethereum ETFs paved the way, is Solana now primed to follow in their footsteps?
The crypto market continues on a rough patch, with altcoin posting lower volumes compared to last month. This comes after the sharp price drop wiped out gains recorded in January as market confidence declined.
Solana meme coins bearing Elon Musk's X account name plummeted on Wednesday after the tech CEO ditched his new moniker, “Harry Bōlz.”
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U.S.-based asset management firm Franklin Templeton has added Solana to its list of blockchains supporting trading its OnChain Money Market Fund (FOBXX). This recent development signals the growing interest in the Solana blockchain from tokenization issuers.
The projections for Solana price are coming into the limelight again as Coinbase Derivatives gears up to launch its SOL Futures contract product later this month. According to the filing, the product will launch based on self-certification on February 18.
Solana (SOL), one of the prominent blockchain platforms known for its speed and scalability, has been struggling recently amid increased selling pressure. As of February 12, 2025, the token's price has dipped below the key $200 threshold, showing a 5% drop and signaling a potential bearish trend in the market.
Neiry Lab, the research firm behind the Pythia AI rat experiment, is set to roll out a feature that will pay users to sell their EEG data.
Crypto streaming music platform Audius is marking 250 million total plays with an airdrop for artists—and rewards ahead for users, too.
Wall Street giant Franklin Templeton said on Wednesday that its OnChain U.S. Government Money Fund, aka FOBXX, is now available on Solana.
Bitcoin bears are finding it difficult to pin the price below $95,000, indicating solid demand at lower levels.
Franklin Templeton, a financial services company with $1.6 trillion of assets under management, has launched its US government money fund on Solana.
Franklin Templeton launches Benji app on Solana, expanding access to tokenized securities and boosting Solana's institutional adoption.
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.
