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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.
Solana crypto (SOL) could reach $700 if Donald Trump wins the 2024 presidential election! Here are the experts' insights.
Solana is emerging as one of the most active networks, looking at engagement levels over the past few months. Despite concerns around FTX and whether asset distribution will lead to a dump, bulls are optimistic about what lies ahead.
Solana price has declined by 1.56% in the last 24 hours after the Pump fun Fee Account sold 40,000 SOL worth $6.68 million. The sale happened only five hours ago and has added to the market fears on the further price movement of Solana.
Solana (SOL) has finally broken above the $160 resistance, a critical level that has held the price down since early August. This breakout signals a confirmed uptrend, sparking excitement among investors as Solana continues to push higher.
Solana (SOL) has been experiencing a period of sideways trading for the past seven months, a trend that raises questions about the strength of its buyer base and the potential for a price correction. Currently priced around $171, the cryptocurrency has shown a daily increase of 2.84%, yet concerns linger over whether Solana could plummet to $50.
In comparison to its rivals, XRP has been underperforming among the top 10 cryptocurrencies exhibiting the least amount of price movement. The asset has been stuck in a declining range for the past few weeks, unable to break through local resistance levels.
Asset management company VanEck announced on October 21 that its Solana exchange-traded note (ETN), launched in the European market, has successfully enabled the staking function.
In a recent discussion, Solana's co-founder, Anatoly Yakovenko, raised questions about the vitality of the Ethereum ecosystem without the contributions from Base, a Layer 2 solution. This query comes amidst observing the metrics of growth shown by Base, particularly in user activities and transaction volumes.
Real Vision analyst Jamie Coutts says that Solana (SOL) is likely preparing for its next leg up to higher prices.
The Solana Price could enjoy a 26x increase from its current price and rise to as high as $4,500. This is based on an analysis of a cup and handle pattern that just formed on the coin's chart.
Solana (SOL) closed the previous week on a bullish note and has continued its upward trend into the new week, with market data highlighting an increase in positive sentiments.
Solana meme coin factory Pump.fun launched a new trading bot—and revealed that it will launch a token with a likely airdrop attached.
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VanEck has launched staking for its Solana exchange-traded note (ETN) VSOL in the European market. Matthew Sigel, head of digital asset research at VanEck, confirmed the rollout on Oct. 21.
As VanEck's Solana ETN begins offering investors passive income in the EU, the asset manager awaits input on an application in the U.S.
VanEck just activated staking for its Solana exchange-traded note (ETN) in Europe, and it's now managing $73 million in assets. Staking lets investors earn rewards without extra effort.
Solana whales now control 57% of the supply, as Open Interest spikes by 40% to
VanEck introduces automated Solana staking in its ETN for European investors, offering daily rewards and enhanced security. The post VanEck introduces Solana ETN staking to European investors appeared first on Crypto Briefing.
Robinhood Crypto has added support for Solana crypto transfers for users in the European Union, according to an announcement. The platform announced on Oct.
TL;DR VanEck has launched a Solana ETN in Europe, now including the automatic staking feature. The managed assets reach $73 million, and the rewards will be automatically added to the value of the SOL token. The non-custodial approach ensures that the tokens remain under the control of the custodian, reducing counterparty risks.
Asset manager VanEck has announced that its Solana exchange-traded note available to investors in Europe now includes staking.
VanEck, one of the leading asset management companies, has recently announced a significant innovation for its Solana Exchange Traded Notes (ETN) offered in Europe. Investors who purchase the VanEck Solana ETN can now benefit from staking, a feature that opens up new earning possibilities within the growing cryptocurrency ecosystem.
