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Ethereum (ETH) and Solana (SOL). With both cryptocurrencies gaining momentum, investors are eager to know which one might be the better choice for the upcoming Alt Season.
The Solana network has significantly outpaced the Ethereum network in the recent past on web3 activities fueled by its meme coin space growth.
TL;DR Elmnts launches public beta, allowing accredited investors to access tokenized investment funds backed by mineral rights royalties. The platform is built on the Solana network and seeks to offer a secure and regulated approach to blockchain investments. Elmnts combines traditional investment expertise with the innovation of blockchain technology to create attractive financial products.
Solana's rising TVL and DEX volume highlight its growing influence in the blockchain space, potentially challenging Ethereum's dominance. The post Solana TVL reaches new peak since early 2022 appeared first on Crypto Briefing.
Elmnts officially went live on the Solana blockchain, offering tokenized investment funds tied to mineral rights royalties. The new platform offers a new investment avenue for retail and institutional traders to participate in high-yield assets with double-digit potential returns and low entry of $1,000 in investments.
Pump.Fun earns millions by creating memecoins on Solana, attracting new users and maximizing profits.
During Tuesday's Asian market session, the Solana price jumped 1.44% to trade at $168.6, while its market cap boosted to $79.04 Billion. This growth was driven by a bullish convergence across three key SOL charts: price trends, on-chain data, and derivatives metrics.
Energy market analytics company RBN Energy estimates that mineral and royalty interests amount to $700 billion.
The project is spinning out of Solana Labs and its new leaders want to turn a profit.
After an impressive breakout last week, Solana (SOL), a fast-growing layer one (L1) chain with dozens of decentralized financial (DeFi) protocols, has gradually gained bullish momentum. The large-cap altcoin, with a fully diluted valuation of about $98 billion and a daily average traded volume of around $4.
The platform has processed over $1.4 billion in trading volumes in the past 14 days, buoyed by an ongoing artificial intelligence-themed memecoin frenzy.
As general sentiments soar, Solana's institutional products have notched $2.4 million in inflows over the last seven days. Recent inflows into the asset funds follow anticipation for spot ETFs in the United States.
Pump.fun's fee account still holds over $47 million worth of Solana tokens, which could add more selling pressure.
Pump.fun's fee account still holds over $47 million worth of Solana tokens, which could add more selling pressure.
VanEck adds crypto staking rewards to its Solana ETN, enhancing investor returns and boosting Solana's adoption in Europe.
The VanEck Solana ETN (VSOL) offers investors the opportunity to gain exposure to the Solana (SOL) blockchain, which is known for its high-speed transaction capabilities and scalability for decentralized applications. The ETN is fully collateralized with Solana, with the underlying SOL held in cold storage at a regulated custodian.
The cryptocurrency market is buzzing with activity as Shiba Inu (SHIB) recently posted an impressive 20% increase, discussions about a potential bull run. Meanwhile, Ethereum (ETH) is displaying some troubling patterns, and Solana (SOL) is hitting a critical resistance level at $160.
Bitcoin (BTC) and other cryptocurrencies suffered a setback, registering a substantial drop late on October 21 and early on October 22. BTC dropped over 2% over the past 24 hours, while Ethereum (ETH) dropped further and is currently down by 3.54% over the past 24 hours, losing the $2,700 price level.
Pump.fun is drawing in record fees, cashing out through selling SOL, while also retaining some of the fees for staking.
VanEck has made staking available on its Solana exchange-traded note (ETN) in the European market.
Amid bullish predictions for the market's fifth-largest cryptocurrency, Solana (SOL), asset manager VanEck announced a significant upgrade to its Solana exchange-traded note (ETN), which now offers an automated staking feature, contributing to SOL's ongoing price recovery. New Staking Rules For VanEck's Solana ETN Matthew Sigel, head of digital asset research at VanEck, revealed that the Solana ETN, which trades under the ticker VSOL and currently has $73m in assets under management, will have rewards accrued and reinvested daily under the new staking rules, with the ultimate aim of attracting more investors and new capital.
Solana (SOL) has emerged as a standout performer in the cryptocurrency market, significantly outpacing major rivals like Bitcoin and Ethereum. This resurgence comes as Solana experiences a remarkable recovery from its monthly lows, fueled by increased user engagement, growing transaction volumes, and rising network fees.
The chat-themed token has emerged as one of the top gainers of the day.
American investment management firm VanEck has added staking rewards to its Solana ETN (Exchange-Traded Note) in Europe. This might offer investors a new way to generate passive income.
