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news-imageFebruary 11, 2025

Solana DEX Volume Surges Towards $60 Billion, Extends Winning Streak Over Ethereum

Solana DEX volume hits $59.55B in February, nearly twice Ethereum's. Lower transaction fees, meme coin trading, and institutional backing drive growth, while Solana's network efficiency boosts adoption and liquidity. The post Solana DEX Volume Surges Towards $60 Billion, Extends Winning Streak Over Ethereum appeared first on Cryptonews.
Publisher: Cryptonews
Sentiment: Positive
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Positive
cover-imageThe Daily Hodl
February 11, 2025

Uniswap Labs Launches Mainnet for New Ethereum Layer-2 Unichain

The team behind the top decentralized exchange Uniswap (UNI) is officially launching its new Ethereum (ETH) layer-2 blockchain. In a new announcement from Uniswap Labs, the firm says Unichain mainnet officially launched today according to plan. As per the announcement, Unichain will be a layer-2 optimized for decentralized finance (DeFi) transactions on Ethereum.

Positive
cover-imageCryptonews
February 11, 2025

Franklin Templeton Registers Solana Trust in Delaware, Eyes Spot ETF

Franklin Templeton has filed to register a Solana spot ETF trust, joining Grayscale and Canary Capital in seeking SEC approval. The move highlights growing institutional demand for Solana-based investment products as regulatory decisions approach. The post Franklin Templeton Registers Solana Trust in Delaware, Eyes Spot ETF appeared first on Cryptonews.

Positive
cover-imageCryptonews
February 11, 2025

Sol Strategies Chosen as Staking Provider for 3iQ's Staked Solana ETF

Sol Strategies partners with 3iQ to provide staking infrastructure for the Solana ETF, enhancing institutional access to staking rewards. The collaboration underscores the growing demand for regulated digital asset investment options The post Sol Strategies Chosen as Staking Provider for 3iQ's Staked Solana ETF appeared first on Cryptonews.

Positive
cover-imageThe Currency Analytics
February 11, 2025

U.S. Retail Investors Drive Ethereum's Bullish Surge

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced a notable rebound in price following a month-long decline. Over the past 24 hours, ETH surged by 2.87%, bringing its price to $2,718.88 as of the latest data.

Negative
cover-imageCryptonews
February 11, 2025

Ethereum (ETH) Slides Under $2,600 – Is a Rebound Coming?

While sentiment in the Ethereum (ETH) market remains in the dumps as the world's second largest crypto by market cap slides back under $2,600, the bears could be in for a surprise in the months ahead. The post Ethereum (ETH) Slides Under $2,600 – Is a Rebound Coming? appeared first on Cryptonews.

Negative
cover-imageBenzinga
February 11, 2025

Bitcoin, Ethereum, XRP, Dogecoin Slide Lower: 'Final Move Down Before The Recovery,' Trader Says

Cryptocurrency markets are trading lower on Tuesday, with Bitcoin tapping the $95,000 level. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $95,189.97 -2.3% Ethereum (CRYPTO: ETH) $2,600.05 -2.8% Solana (CRYPTO: SOL) $196.61 -2.8% XRP (CRYPTO: XRP) $2.40 -1% Dogecoin (CRYPTO: DOGE) $0.2519 -0.7% Shiba Inu (CRYPTO: SHIB) $0.00001559 -1.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 52.2% and daily active addresses growing by 20.2%.

Positive
cover-imageCryptonews
February 11, 2025

Hong Kong Accepts Bitcoin, Ether as Proof of Wealth for Investment Visas

Hong Kong has officially recognized Bitcoin and Ether as valid proof of assets for investment immigration applications under the New Capital Investment Entrant Scheme (New CIES), allowing applicants to meet the HK$30 million requirement with crypto holdings. The post Hong Kong Accepts Bitcoin, Ether as Proof of Wealth for Investment Visas appeared first on Cryptonews.

Positive
cover-imageCoinPedia
February 11, 2025

Lido Unveils Modular ‘V3' Upgrade with stVaults to Enhance Institutional and Strategic Ethereum Staking

In recent hours, the price of Lido jumped following a significant upgrade. Lido, the leading liquid staking protocol, has launched Lido v3, an update to provide increased flexibility and composability for institutional Ethereum stakers. According to analysts, this upgrade is major step toward Ethereum staking as US awaits staked ETH ETF approval.

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