Solana's Toly calls Bitcoin EO a ‘Scalpel', Here's why
Solana's Toly criticized the move, calling it insufficient and pushing for clearer regulations. The reserve will hold BTC from government forfeiture.
Keep up with what's happening in the crypto world in real-time.
Solana's Toly criticized the move, calling it insufficient and pushing for clearer regulations. The reserve will hold BTC from government forfeiture.
The price of Solana (SOL) has fallen to the bottom of the chart twice before rising again.
Short-dated puts tied to BTC, ETH, and SOL trade at a premium relative to calls, according to Block Scholes.
The Solana community is actively discussing a new governance proposal that seeks to revamp the network's tokenomics by introducing a dynamic. The post Solana Community Debates Proposal to Overhaul SOL Tokenomics with Dynamic Inflation Model appeared first on Cryptonews.
BTC, ETH, and SOL have moved in close correlation, reflecting broader market trends.
The crypto market slid back into the red as it declined over 4%, slipping below the $3 trillion mark and moving to its current $2.87 trillion. Bitcoin (BTC) is down nearly 5% despite Donald Trump's announcement of a strategic reserve consisting of Bitcoin.
Solana has declined below $150 and currently faces resistance at $145-155 while finding support near $132-136.
According to The DeFi Report, over the past month, only 1.26% of Solana's (SOL) wallet addresses have generated 95% of its total fees.
Solana co-founder Anatoly Yakovenko offered a balance evaluation of Donald Trump's Executive Order (EO) on the strategic Bitcoin reserve. In a recent statement, Yakovenko likened the Bitcoin reserve to a “scalpel,” suggesting that the move marks a significant step towards regulatory clarity.
The crypto ecosystem is going through an expansion cycle where competition among blockchains is intensifying, especially in the decentralized exchanges (DEX) market. Indeed, long dominated by Ethereum, this sector is seeing the emergence of a significant competitor: Solana, whose trading volumes briefly surpassed those of Ethereum in February.
Solana co-founder Anatoly Yakovenko has voiced his opposition to the creation of a U.S. crypto reserve, warning that it could compromise decentralization.
President Donald Trump's recent executive order (EO) outlining new guidelines for managing digital assets like Bitcoin (BTC), XRP, Solana (SOL), ADA, and Ethereum (ETH) has raised several questions, especially regarding the inclusion of specific cryptocurrencies in the U.S. government's reserves.
Solana's decentralized exchange (DEX) volumes remain competitive with Ethereum's ecosystem despite a sharp decline in meme coin trading activity.
Financial commentator Peter Schiff has noted that the government will not be buying ETH, XRP, ADA, or SOL contrary to earlier expectations.
The crypto market is buzzing with the anticipation of today's White House crypto summit. However, after President Donald Trump announced changes to the proposed crypto strategic reserve, speculation is rife over whether this summit will crash Ripple, Ethereum, Cardano, and Solana prices.
Solana DEX volumes have been consistently high, and there are a number of reasons behind it.
Solana registered $102.4 billion in trading volume in February, leading the market despite a 60% monthly decrease. The shrinking volume relates to the cooling off of the memecoin frenzy following the LIBRA token fiasco.
Solana validators are set to vote on a new proposal that could change how SOL inflation works by adjusting token emissions dynamically.
Anatoly Yakovenko, co-founder of Solana, expressed his skepticism about the idea of a strategic reserve of cryptocurrencies in the United States, fearing for the decentralization of the sector. However, he remains open to objective criteria if such a reserve were to come into existence.
VanEck highlights Solana's resilience as DEX volumes surpassed Ethereum's, despite an 80% drop in meme coin trading.
Solana's decentralized exchange (DEX) volumes remain competitive with Ethereum's ecosystem despite a significant decline in meme coin trading activity.
Here's why crypto VC Synacracy Capital is bullish on HYPE despite the +50% pullback.
The SIMD-228 proposal is expected to be voted on by Solana validators in epoch 743, beginning over this weekend.
Despite ongoing market uncertainty, Solana (SOL), the world's fifth-largest cryptocurrency by market cap, is gaining significant attention from the crypto community. Recently, a prominent crypto expert posted on X (formerly Twitter) that the total number of Solana addresses has reached a new all-time high of 2.07 billion.