Galaxy Research has returned to the Solana governance arena with a fresh proposal that seeks to sidestep the deadlock that stymied last month's SIMD‑228 vote on inflation.
Liquid staking has been a challenging yet transformative sector in the decentralized finance ecosystem. Proof-of-stake blockchains like Ethereum and Solana have been sitting at the forefront of the industry, all thanks to the diverse liquid staking protocols like JPool, a user-centric liquid staking ecosystem that have been simplifying the DeFi entry for mainstream adoption.
Solana (SOL) is showing signs of a subtle bullish trend despite broader crypto market uncertainty. While the asset still trades below the 100-day and 200-day Exponential Moving Averages (EMAs), indicating a lingering local bearish trend, its recent breakout above the 50-day EMA suggests a possible shift into a stealth bull phase.
During Q1, Solana ranked number 1 among all the other blockchains by DEX trading volume, capturing 39.6% of the market and 52% in January alone. Despite the strong numbers, the network has faced a drop in revenues and activity, specifically after peaking in January with $35.9 billion in daily DEX volume.
One of the altcoins that the market is most interested in, XRP, might be about to make an unexpected bullish breakout. Due to a traditional descending channel breakout formation, the asset is now showing signs of reversing the trend following months of consolidation and downward movement.
Solana (SOL), a top-performing altcoin in recent months, is now flashing bearish signals as technical indicators point to a potential downtrend against Bitcoin (BTC). Currently trading at 0.00158 BTC, or approximately $133.16, Solana has shown strong recovery from last weeks lower price levels.
Solana (SOL) price has been under pressure recently, leading to concerns about a potential downtrend against Bitcoin (BTC). On the SOL/BTC price chart are signs that the cryptocurrency could be forming a “death cross,” a pattern that suggests a further decline in price.
Solana (SOL) has climbed 13% over the past seven days, showcasing strong short-term performance. While momentum indicators like the RSI and EMA lines remain supportive, recent price action suggests that bullish strength may be stalling just below a key breakout point.
In this edition of Weekly Crypto Regulations News, the SEC reveals plans for a crypto custody roundtable, Russia urges stablecoin development after wallet freezes, and Canada leads with spot Solana ETFs featuring staking. The post Weekly Crypto Regulation News Roundup: SEC Sets Roundtable, Russia Eyes Stablecoins, and Canada Approves Solana ETFs appeared first on Cryptonews.
Colosseum is something like a hackathon organizer mixed with Y Combinator for Solana startups. I tend to view its hackathon entries as a proxy for what Solana builders are interested in, and I see its hackathon winners as a potential proxy for what Solana venture investors find valuable.
Solana's dApp ecosystem earned more than all other chains combined in the last 12 months, with a revenue of $2.8 billion.
SOL's next move could help the bulls in the market.
Solana's rise to a top-10 cryptocurrency has been driven by its speed, developer activity, and growing DeFi and NFT ecosystems. But its journey hasn't been without bumps.
Bitcoin (BTC) has been trading in a tight range for a few days, but a minor positive is that the bulls have kept the price above $83,000. Usually, a low volatility period is followed by a range expansion, but it is difficult to predict the direction of the breakout with certainty.Cryptocurrency analysts remain bullish on Bitcoin's prospects because gold's rally in 2017 and 2020 was followed by a sharp rise in Bitcoin's price.
Solana is showing signs of pre-breakout behavior as it consolidates below an important price threshold. According to a new technical analysis shared by RLinda on the TradingView platform, the $136 level is currently a decisive resistance point, and Solana's current trading behavior suggests that a move above this level could ignite a fresh bullish push even as the global market situation is bearish.
After several solana-based exchange-traded funds (ETFs) debuted on the Toronto Stock Exchange (TSX), solana climbed more than 11% over the past seven days, earning its place as the leading gainer among the ten largest crypto assets by market capitalization. Solana Advances 11% on TSX ETF Debut; Polymarket Bettors Wager on U.S.
The price of Solana (SOL) has broken above the moving average lines and is approaching the next resistance level at $140.
The popular alternative cryptocurrency Solana (SOL), which has emerged as one of the hottest assets on the market in recent months, may be on the verge of a painful downtrend against its main counterpart, Bitcoin. At least, this possibility is suggested by the intersection of moving averages on the SOL/BTC price chart.
Solana (SOL) has been consolidating in the past few days as the market has struggled to find direction amid the absence of clarity regarding the macro outlook for the U.S. economy.
The crypto market continues to move sideways due to macroeconomic fears caused by the trade war between China and the US. However, the sentiment might shift if President Trump manages to make changes at the Federal Reserve in a bid to lower interest rates.
After SIMD-228 failed to gain consensus, Galaxy Research has come up with a new solution to modernize decision-making on token inflation.
The 2025 market hasn't been kind to most cryptocurrencies, as some of the biggest digital assets have suffered significant year-to-date (YTD) losses or, at best, traded mostly sideways.
Despite having one of the highest crypto adoption rates globally, India lacks a formal regulatory framework. One renowned financial expert suggests that strategic exposure to crypto assets like Bitcoin and Ripple-affiliated XRP token is essential for India's future economic resilience.
Solana price held steady this week as the number of active addresses, transactions, fees, and decentralized exchange volume rose.
Ethereum (CRYPTO: ETH) has seen a significant setback, erasing all its gains from 2024 in the first quarter of 2025, while Solana (CRYPTO: SOL) continues to lead in the decentralized exchange (DEX) space. What Happened: CoinGecko's Q1 Crypto Industry Report indicates that Ethereum's value took a steep dive by 45.3%, closing Q1 at $1,805.
In the latest cryptocurrency market update, Bitcoin (CRYPTO: BTC), Solana (CRYPTO: SOL) and Pepe (CRYPTO: PEPE) are all demonstrating potential signs of a bullish reversal, indicating a possible recovery from recent bearish trends. What Happened: According to data, Bitcoin is testing a key technical formation that could reverse its recent bearish trends.
The crypto market registered a marginal uptick over the past 24 hours, entering a period of relative calmness after witnessing considerable movement over the past week. The market cap dropped to $2.5 trillion before rising to $2.71 trillion and then correcting to the $2.65 trillion zone.
Galaxy Research proposes a new voting mechanism to adjust the inflation of SOL on the Solana blockchain. This innovative system aims to surpass the limitations of binary voting by introducing a more representative decision-making method, thereby strengthening the decentralized governance of the Solana crypto ecosystem.
This week, we examine Ethereum, Ripple, Cardano, Solana, and Hype in greater detail. Ethereum (ETH) It was a quiet week for Ethereum that only managed a small 1% price increase.
Galaxy Research has proposed a new Solana voting system proposal called Multiple Election Stake-Weight Aggregation (MESA) to reduce SOL's inflation rate.
Solana's inflation remains a key issue as market players formulate acceptable solutions.
After weeks of consolidation, Solana (SOL) recovery is in progress, but the Fartcoin price is ready to rally and is preparing to revisit $1. Will FARTCOIN, a Solana meme token, lead while SOL remains rangebound?
TL;DR Introducing MESA: Galaxy Research proposes a novel voting system called MESA that lets Solana validators vote on a range of deflation rate options instead of simple yes/no decisions.
Solana is showing signs of life after weeks of quiet trading. With price creeping toward a key resistance level, traders are wondering if a big breakout is just around the corner.
Are leveraged players front-running a broader structural rotation into SOL?
Solana apps still dominated other chains, with 46% of all on-chain app revenues.
Solana rallies 20% in a week, breaks $130 resistance as Canada launches first SOL ETF and staking deposits surge by $270 million.
Coinbase SOL Updates:- In a good news for the crypto users and investors, Coinbase has announced the much anticipated upgrade in its Solana infrastructure. These updates are particularly soothing to the users who had faced significant struggles on Coinbase exchange and its wallet during January.
Solana (SOL) is showing strong signs of a bullish trend reversal, supported by technical indicators and price action. Recently, SOL broke above its 50-day Exponential Moving Average (EMA), a historically significant resistance level that often marks the start of sustained rallies.
Solana is back in the spotlight. After a downturn marked by a massive outflow of capital, the network has recorded an unexpected return of funds.
Canadian retail investors now have a third option on their spot crypto exchange-traded fund (ETF) menu, but one analyst says it may not be as big of a deal.
Bitcoin and Solana have emerged as dominant players in the crypto market during an especially turbulent first quarter of 2025. According to the Q1 Crypto Industry Report recently released by CoinGecko, the broader market experienced a major downturn.
So, who's got the ultimate lead?
Crypto research firm Galaxy Research has made a proposal to adjust the voting system that decides the outcome of future Solana inflation following the failure to come to a consensus in a previous vote.On April 17, Galaxy introduced a Solana proposal called “Multiple Election Stake-Weight Aggregation” (MESA) to reduce the inflation rate of its native token, SOL (SOL). The researchers described the proposal as a “more market-based approach to agreeing on the rate of future SOL emissions.
Solana saw increased demand in the $120 accumulation zone, and a bullish trend could follow behind.
Solana's DEX trading volume soars to over $15 billion.
Coinbase has upgraded its infrastructure after receiving user complaints to support the Solana ecosystem better.