Record $10.1 Billion Inbound Volume Reached by Solana Bridges
Solana's bridges have achieved a significant milestone, reaching an all-time inbound volume of $10.1 billion as of Feb. 10, 2025, according to a data dashboard by analyst h4wk.
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Solana's bridges have achieved a significant milestone, reaching an all-time inbound volume of $10.1 billion as of Feb. 10, 2025, according to a data dashboard by analyst h4wk.
In addition to beating Solana in daily fees for the first time since October 2024, BNB Chain is the first chain since Bitcoin to beat both Ethereum and Solana in daily fees.
Solana bridge volumes surged from November 2024 to January 2025, with billions flowing into the network.
Solana (SOL 3.75%) is already one of the most dynamic blockchains in crypto right now, and it just got exposed to yet another catalyst that could start to boost its price as soon as later this month. Given that during the past 12 months its price is up by out 70%, investors are doubtlessly excited to know how high it could go, and whether this new potential catalyst is going to increase their returns even more.
Bitcoin (BTC) rebounded after dropping to a low of $95,346 late on Thursday to reclaim $97,000. However, price action remains sluggish, and market sentiment is mixed.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) There are good signs that Ethereum may have bottomed here and a reversal is just beginning after a difficult start in February.
A major whale in the Solana (SOL) market has made waves with a substantial move, withdrawing 61,319 SOL, valued at approximately $12.4 million, from Binance and OKX on February 10th. The transaction, made at an average price of $202.53 per token, has generated a flurry of speculation about potential price shifts in the Solana market.
Taurus, a firm specializing in digital asset infrastructure, has rolled out a sophisticated custody and tokenization platform called Taurus-Capital, integrated with the Solana blockchain.
With $1.6 trillion under management, why is Franklin Templeton doubling down on blockchain?
Solana (SOL) has been experiencing considerable pressure as its price struggles to stay above $200, now declining toward the $190 range. After facing strong resistance around the $200 mark, Solana's market cap is now sitting at around $94 billion, and the recent downtrend has raised concerns about the potential for further price declines.
A major whale reappeared after two months, withdrawing 61,319 SOL. Could this mark a new bullish phase for Solana?
Deutsche Bank, Germany's largest financial institution, has partnered with Swiss crypto company Taurus and launched a Solana-based TDX marketplace.
The Doodles NFT collection plans to launch a token DOOD that will be hosted on the Solana network.
Solana's BONK is demonstrating remarkable stability, holding its support amid ongoing market fluctuations. At the same time, whispers of a revolutionary rival altcoin are growing louder—one that is ambitiously targeting a 44,000% surge.
According to Lookonchain data, Pumpfun deposited an additional 148,759 Solana to Kraken today. The new deposit brought the total tokens deposited to the centralized exchange to 2,280,377, worth $462 million.
Binance founder Changpeng Zhao , known as “CZ,” ignited a meme coin frenzy and subsequent backlash in the crypto community after sharing a story and photos of his dog, a Belgian Malinois named Broccoli. While CZ explicitly stated he was not creating a meme coin himself, the post prompted the launch of hundreds of tokens bearing the dog's name on the BNB Chain (CRYPTO: BSC).
Solana (SOL) price has struggled to maintain levels above $200, with its market cap now sitting at $94 billion. The latest price action shows that SOL faced strong resistance near $200 and has since declined to the $190 range in the last few days.
Bitcoin (BTC) and the broader cryptocurrency market have been rattled by heightened volatility following hotter-than-expected economic data, reigniting inflation concerns. The renewed pressure led to a 2.9% decline in the global crypto market cap, now standing at $3.28 trillion over the past 24 hours.
Franklin Templeton has taken the next step to corner an emerging sector of crypto-based products with Solana, bolstering SOL price forecasts. The post Institutional Money Flows Into Solana – Could Franklin Templeton's Move Push SOL to $10,000? appeared first on Cryptonews.
Despite the global crypto market's recent rebound to reach $3.16 trillion, the Solana price is facing significant pressure. Solana's current struggle is primarily triggered by pump.fun's massive SOL sell-off.
Taurus selected Solana for its high-speed, low-cost transactions and increasing demand for real-world asset (RWA) tokenization.
Doodles CEO and co-founder Scott Martin opened up about how the NFT brand is shifting gears. First up: a DOOD token launch on Solana.
Pump.fun ecosystem is dominated by AI narrative tokens as other memecoins suffer carnage.
The dynamics of power are evolving at a breakneck speed in the crypto sphere. Today, it is BNB (Binance Coin) that is making headlines by surpassing Solana (SOL) in terms of market capitalization.
