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Asset manager VanEck has announced a strategic partnership with Kiln, a prominent digital asset rewards platform, to integrate staking into VanEck's Solana Strategy.
The Solana (SOL) memecoin ecosystem is regaining traction with investors as Bitcoin (BTC) leads the overall market recovery, approaching its previous record high of $73,700 set in March. This renewed interest is reflected in the performance of Popcat (POPCAT), one of the outstanding and best-performing tokens in the Solana memecoin space over the past month.
Binance announces new Earn Wednesday offers, including ETH and SOL staking, with flexible and locked products available on a first-come, first-served basis.
Solana price continued its strong recovery this week, soaring to a high of $180, its highest level since July 31st. It has jumped by about 65% from its lowest point in September, giving it a market capitalisation of $84 billion, and a fully diluted value of $106 billion.
Shiba Inu appears to be displaying indications of a possible reversal. The asset is currently seeing a notable uptick in whale activity after struggling to regain its previous momentum.
Solana's social volume has reached levels not seen in the past six months.
Solayer's sUSD is a first-of-its-kind RWA-backed stablecoin on Solana. Unlike traditional stablecoins pegged to fiat, sUSD offers a decentralized alternative. The post Solayer Launched sUSD, a User-Friendly RWA-Backed Stablecoin on Solana appeared first on Cryptonews.
A Solana whale has made $2.5 million from his crypto strategy amid recent market growth. Crypto whales can reshape their holdings depending on market swings.
Solana price hits $180 as Bitcoin storms toward a new all-time high. Data suggests SOL can go higher.
As the cryptocurrency market evolves, new players emerge while established coins continually innovate. This article explores five coins and projects: Qubetics, Ripple, Avalanche, Chainlink, and Solana. With unique features and value propositions, these coins showcase various technologies, applications, and growth potentials in the crypto ecosystem.
Solayer says anyone can mint the yield-bearing sUSD token with at little as $5 in USDC.
TL;DR Solana's market capitalization reaches $85.2 billion, approaching Binance Coin (BNB), which has $88.92 billion. SOL experienced a growth of nearly 450% in the last year, surpassing BNB's 168%. The market for SOL memecoins exceeded $12 billion, driven by the Pump.fun platform and the launch of “Dogwifhat.
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Solana memes make up 20% of the entire market cap for this asset class. Meme tokens on Solana rallied above $12B in total market capitalization.
TL;DR Solayer launches sUSD, the first synthetic stablecoin backed by real-world assets on Solana, offering an annual yield of 4% to 5% without staking. Backed by U.S. Treasury Bills and created in collaboration with OpenEden Labs, sUSD guarantees stability and high security in its operation.
GMX-Solana has adopted Chainlink's Data Streams as its official Oracle solution for price data, funding rates, and liquidations. In parallel, Chainlink's Cross-Chain Interoperability Protocol (CCIP) has facilitated cross-chain staking for Lido, broadening accessibility to staked Ethereum (ETH) on Layer-2 (L2) networks.
sUSD, a new type of stablecoin backed by U.S. Treasury Bills, is joining its ecosystem. Created by Solayer Labs, sUSD is part of a new wave of digital dollars backed by real-world assets.
The leading re-staking protocol on Solana, Solayer Labs, has revealed yet another native asset to its portfolio. Following its attainment of $200 million in total value locked last month, the protocol introduced $sUSD, a yield-bearing stablecoin.
Solayer Labs launches sUSD, the first yield-bearing stablecoin on Solana, backed by US Treasury Bills, offering a 4-5% yield. The post Solayer launches first-ever yield-bearing stablecoin backed by T-Bills on Solana appeared first on Crypto Briefing.
TL;DR Open Airdrop : XAND token airdrop is available for users since October 29th. Liquid Staking : A liquid staking program is introduced that offers significant rewards. Storage Innovation : Xandeum will launch a storage layer to facilitate decentralized applications on Solana.
AgriDex is an example of how stablecoins are being increasingly used as a payment vehicle in emerging regions as a cheaper alternative for traditional banking rails.
Bulls remain more powerful than bears, according to CoinMarketCap.
In October, Solana has outperformed Bitcoin and other altcoins, gaining 15% and eying for a potential rally to $200 and above.
This means developers on Solana can now access ultra-fast data that updates in less than a second. Imagine checking the weather every second to see if you need an umbrella.
