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news-imageFebruary 13, 2025

Solana News: Franklin Templeton Expands on Solana, SOL ETF Boost, and $3B Token Unlock Concerns

What is the future of Solana (SOL) with Franklin Templeton's expansion into its ecosystem, the launch of new investment products, and growing ETF interest?
Publisher: CryptoTicker
Sentiment: Positive
SOL

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Positive
cover-imageThe Motley Fool
February 13, 2025

Can Solana Make You a Millionaire in 2025?

Few asset classes have created millionaires faster than crypto. Known for their explosive volatility , these digital assets have allowed retail investors to trounce benchmarks like the NASDAQ Composite and S&P 500.

Positive
cover-imageCointribune
February 13, 2025

Solana Draws Franklin Templeton for Tokenized Fund Expansion

The line between traditional finance and the world of crypto continues to blur. Franklin Templeton, a giant in asset management with $1.6 trillion under management, takes another step towards integrating blockchain and announces the extension of its tokenized US money market fund (FOBXX) on Solana.

Positive
cover-imageCryptonews
February 13, 2025

FDUSD Integrates with FOMO Pay on Ethereum and Solana, Enables Payments to Merchants

First Digital, the group behind the FDUSD stablecoin, has joined hands with FOMO Pay, a licensed Major Payment Institution in Singapore and Hong Kong, to add the stablecoin to FOMO Pay's payment solutions on Ethereum and Solana. The post FDUSD Integrates with FOMO Pay on Ethereum and Solana, Enables Payments to Merchants appeared first on Cryptonews.

Negative
cover-imageThe Currency Analytics
February 12, 2025

Solana (SOL) Price Drops Below $200 Amid Bearish Market Trend

Solana (SOL), one of the prominent blockchain platforms known for its speed and scalability, has been struggling recently amid increased selling pressure. As of February 12, 2025, the token's price has dipped below the key $200 threshold, showing a 5% drop and signaling a potential bearish trend in the market.

Positive
cover-imageCryptonews
February 12, 2025

Franklin Templeton Launches Tokenized Money Market Fund (FOBXX) on Solana

Franklin Templeton's tokenized money market fund, FOBXX, is now available on Solana, following previous deployments on Ethereum, Base, and other networks. This move highlights Solana's role in institutional adoption and blockchain-based financial solutions. The post Franklin Templeton Launches Tokenized Money Market Fund (FOBXX) on Solana appeared first on Cryptonews.

Positive
cover-imageCoinPedia
February 12, 2025

Binance Coin Flips Solana's Market Cap Amid Market Downturn: Will BNB Price Surge Above $700?

After the latest CPI data revealed that inflation picked up in January, following a trend of higher rates over the past three months, the overall market mood has soured. However, the price of BNB (Binance coin) is still rising, maintaining its upward trend despite increasing bearish pressure. Additionally, it has recently flipped Solana's market cap.

Positive
cover-imageCrypto Economy
February 12, 2025

Franklin Templeton Expands $FOBXX to Solana's Fast Network

TL;DR Franklin Templeton has integrated its FOBXX fund into Solana to leverage its speed and security, expanding its availability beyond networks like Ethereum, Base, and Polygon. The fund maintains a stable $1 per share price and is backed 99.5% by U.S. government securities, cash, and repurchase agreements.

Positive
cover-imageCrypto news
February 12, 2025

Franklin Templeton expands money market fund to Solana

Franklin Templeton has officially expanded its tokenized money market fund to Solana. The asset manager, whose crypto traction includes the launch of spot Bitcoin and Ethereum exchange-traded funds, now offers its Franklin OnChain U.S. Government fund on Solana (SOL).

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