Franklin Templeton has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch the Franklin Solana ETF, a new exchange-traded fund designed to track the price of the cryptocurrency Solana (SOL).

In a landmark development for the Solana ecosystem, a newly proposed token emission model, known as SIMD 228, has attained quorum with approximately 70% of votes cast in favor. According to a post by research analyst Carlos (@0xcarlosg) on X, voting concludes at Epoch 755, which is set to arrive in under 48 hours.

The passage of SIMD-228 marks Solana's transition from fixed inflation to a market-driven model, solving the problems of excessive inflation and insufficient incentives. Compared with Ethereum's destruction mechanism and Sui's static inflation, Solana's dynamic design is more flexible, but it still needs ecological feedback optimization.

The rapid rise of the Solana network at the beginning of the year seemed to herald a new era for its ecosystem. Fueled by an unprecedented speculative frenzy around memecoins, the blockchain recorded record revenues, reaching $55.3 million per week.

Bitcoin (BTC) bounced from $76,606 on March 11, but the bulls could not sustain the price above $84,500 on March 12. Nansen principal research analyst Aurelie Barthere told Cointelegraph that Bitcoin is in a macro correction in a bull market, with the next crucial level being “$71,000-$72,000, top of the pre-election trading range.

Solana (SOL) faces bearish pressure on all fronts, from price action and trading volume to revenue falls. On the cryptocurrency market, Solana's revenue has notably declined from its January figures.

The true impact of Solana's SIMD-228 proposal will only materialize if network adoption accelerates.

The crypto market roared to life following the latest U.S. CPI report, which showed inflation easing slightly in February. Bitcoin surged to $84,000, Solana jumped past $127, and XRP spiked above $2.20, as traders piled into risk assets following the data release.

The filing comes one day after Franklin Templeton filed an S-1 with the SEC to list and trade a spot XRP ETF.

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A fresh wave of postponements has swept across the crypto market, as the US Securities and Exchange Commission has delayed decisions on a set of proposed spot exchange-traded funds (ETFs) for XRP, Dogecoin, Solana, and Litecoin.

The crypto market recovered over the past 24 hours as prices rose after experiencing significant declines over the past few sessions. Bitcoin (BTC) dipped to a low of $76,982 on Tuesday before rebounding to reclaim $80,000 and reach $83,737 before losing momentum and declining to its current level.

Solana (SOL) is under intense selling pressure as it approaches a potential death cross, a bearish technical signal where the 50-day moving average crosses below the 200-day moving average. This formation often signals an extended downtrend, triggering increased market caution.

Data shows XRP and Solana have seen their Realized Volatility spike up after the sharp price action. Here's how Bitcoin and other coins compare.

The Solana price has plummeted over 40% since the start of 2025, struggling to maintain investor confidence despite inclusion in President Donald Trump's Digital Asset Reserve Stockpile. Analysts point to capital outflows and speculative trading in meme coins as key factors behind the SOL token price decline.

TL;DR Extended Review: The SEC has further delayed its review of several crypto ETFs, including Grayscale's XRP ETF and Cboe's spot Solana ETF, with the next deadline set for May. Cautious Approach: This extension reflects the SEC's ongoing cautious stance amid concerns about market volatility, regulatory scrutiny, and custody security.

The SEC has delayed its decision on VanEck's spot Solana (SOL) ETF, citing market assessment. Similar delays were issued for other altcoin ETFs, including Dogecoin, XRP, Litecoin, and Cardano.

The US Securities and Exchange Commission (SEC) has pushed back its decision on multiple cryptocurrency exchange-traded fund (ETF) proposals, delaying potential approvals for products tied to XRP XRP, Solana SOL, Dogecoin DOGE, and Litecoin LTC.

Solana (SOL) has plunged from $200 to $124 amid waning investor sentiment and a collapsing memecoin sector. With SOL/ETH underperforming, could Solana fall to $100 next?

A new Lazarus campaign is spreading through npm packages, using BeaverTail malware to steal credentials, exfiltrate cryptocurrency data, and deploy a persistent backdoor.

Solana has emerged as a powerful presence in the crypto industry. Since its inception in 2020, the network has dominated the market, demonstrating remarkable levels of user engagement and practical utility, particularly in decentralized finance (DeFi).

The crypto markets witnessed relief with fresh updates from the Whitehouse about tariffs and acceptance of a 30-day ceasefire between Ukraine & Russia. With this, the investor's confidence climbed, leaving a positive impact on Bitcoin & the other altcoins.

Sol Strategies has signed a definitive agreement to acquire three Solana validators, including the prominent Laine validator, and the analytics site Stakewiz.com. This move significantly boosts its staked SOL to 3.3 million and enhances its institutional staking services on the Solana blockchain. Sol Strategies Strengthens Solana Presence with Acquisition of Laine Validator and Stakewiz.

The US Securities and Exchange Commission has delayed its decision to approve several XRP, Solana, Litecoin and Dogecoin exchange-traded funds.In a slew of filings on March 11, the agency said it has “designated a longer period” to decide on the proposed rule changes that would allow the ETFs to proceed. Among the affected ETFs are Grayscale's XRP (XRP) and Cboe BZX Exchange's spot Solana (SOL) ETF filings, with the decisions on them pushed until May.

Solana (SOL) has faced intense selling pressure, recently dropping below $120 – its lowest level since February 2024. It has declined more than 38% over the past 30 days, reinforcing its bearish momentum.

The SEC has delayed its decision on crypto spot ETFs, pushing back approvals for VanEck Spot Solana ETF, Canary Spot Litecoin ETF, Canary Spot Solana ETF, Canary Spot XRP ETF, Grayscale Spot XRP ETF, and Grayscale Spot Dogecoin ETF, according to court filings on Tuesday.

On-chain data shows Solana (SOL) has seen its spot value drop under the Realized Price for the first time in three years following the recent bearish action. Solana Has Just Seen A Breakdown Of The Realized Price According to data from the on-chain analytics firm Glassnode, Solana has slipped around 8% below its Realized Price.

As Solana gets closer to a possible death cross formation, it is currently under intense bearish pressure. This technical indicator typically indicates prolonged downward movement, when the short-term moving average (like the 50-day MA) crosses below the long-term moving average (200-day MA).

A crypto strategist who accurately timed Solana's (SOL) meltdown this year thinks the next few years will not be kind to the popular layer-1 protocol. Pseudonymous analyst Bluntz tells his 318,400 followers on the social media platform X that he believes SOL will spend the next two years in deep bear territory.

Bitcoin and other top crypto assets are rising again after getting hit hard by President Trump's tariff twists and recession fears.

Amid growing uncertainty, a top analyst has named three scenarios that could cause Cardano (ADA) to outperform Solana (SOL). The projection from the analyst AM_Panic comes as the broader cryptocurrency sector witnesses a massive downturn spearheaded by Bitcoin (BTC).

The SEC delayed several ETF applications today, specifically targeting those based on Solana, XRP, Litecoin, and Dogecoin. The Commission has faced recent criticism for its pro-crypto actions, and this may help buy it some time.

The crypto market is experiencing a significant decline, triggered by global trade tensions. Moreover, President Trump's Executive Order to set up a Strategic Bitcoin Reserve has surprisingly left crypto traders feeling let down. As a result, the price of Solana has fallen sharply, along with a decrease in important on-chain metrics.

Solana (SOL) has plunged over 35% in the past month, falling to $127.63 at press time, its lowest level in months. The sharp decline has sparked broader market panic, with weak technical indicators and fading network activity compounding concerns.

After a notable price decline in recent days, Solana (SOL) is now poised for a massive upside rally due to its bullish price action on the daily time frame. SOL is one of the top cryptocurrencies, with its technology and adoption significantly rising, recently hitting a record high.

XRP price tumbled to a new 30-day low around $1.90 on Tuesday as markets continued to react to macro headwinds from U.S. trade policies. Derivatives market data suggest bear traders are shaping up to exert more influence in the days ahead.

Solana has tumbled to $124 today, with recent token unlocks creating a strong chance that it could fall further before it recovers. The post Is Solana Crashing Below $100? Token Unlocks Fuel Fresh Sell-Off Concerns appeared first on Cryptonews.

Unless network fundamentals stabilize, Solana remains vulnerable to sustained sell pressure.

Bitcoin at $76,867 signals a crypto correction. If BTC fails to reclaim key levels, altcoins like Solana and XRP could see deeper losses.

Rakurai, an infrastructure project centered around improving Solana staking, has raised $3 million. The company's seed funding round will help support the launch of Rakurai's Solana staking platform, designed to provide high-quality of service (QoS) transaction landing, Rakurai announced in a Tuesday (March 11) news release provided to PYMNTS.

As the cryptocurrency market feels the heat, investors are looking for early stage projects that can beat the market. This search has increased demand for real-world applications with lasting impact. One such project gaining attention is Remittix (RTX).

Blockchain sleuthing firm Bubblemaps launched its BMT token for its upcoming investigation platform. But some investors aren't happy.

The cryptocurrency market remains volatile, with Ethereum trading below $2,000, facing resistance after recent corrections. While most crypto markets trade sideways, several Ethereum rivals to buy stand out, positioning themselves as promising alternatives for potential growth.

Blum Trading Bot has rolled out a new feature allowing users to trade Solana (SOL) tokens directly through its platform.

As the crypto market sell-off intensifies, one analyst believes that Solana price is due for a strong rebound, citing its performance in 2021. His thesis comes as the SOL price remains in a bear market after falling by almost 60% from its highest level this year.

Amidst the ongoing sell-off in mainstream cryptocurrencies, a new contender, Remittix is emerging as a potentially superior investment option for forward-thinking crypto enthusiasts. Established names like Ethereum, Cardano, and Solana are having a hard time since the start of 2025.

Solana's market capitalization is over $69.11 billion, now trading at about $138.71. With analysts continuously monitoring important resistance and support levels to guide its next action, the bitcoin has shown tenacity over the last months among market swings. XRP, which is now valued at roughly $2.29, has a market capitalization of approximately $129.