Solana (SOL) co-founder Anatoly Yakovenko doesn't think there's any reason to build layer-2s, which are protocols designed to help smart contract platforms scale.
Cboe has officially filed a 19b-4 form on behalf of mutual fund giant Fidelity to launch a Solana (SOL) exchange-traded fund (ETF) in the U.S.
Fidelity has entered the ring for a Solana fund after Cboe BZX Exchange Inc. filed an essential form on behalf of the firm.
This new addition is a big deal for users looking for more ways to fund their accounts. It offers faster and more affordable transactions.
TL;DR BlackRock launches its BUIDL fund on the Solana blockchain, in collaboration with Securitize, adding another tool for investors. BUIDL, with over $1.7 billion in assets, offers dollar yields and allows flexible and continuous transactions. BUIDL is already available on blockchains such as Ethereum, Aptos, Polygon, Arbitrum, Avalanche, and Optimism.
Solana (SOL) has witnessed a significant development as BlackRock, the world's largest asset manager, has made inroads into the blockchain. In an update shared with members of the community, Solana announced its progress in terms of institutional adoption.
BlackRock and Securitize expanded the tokenized money market fund BUIDL to Solana as the push into blockchain-based TradFi continued.
BlackRock, the largest investment firm in the world with over $11 trillion in assets under management, made two significant moves on March 25 to increase its presence in the crypto industry.
BlackRock is expanding its money market fund to the Solana network, bringing its accessibility to seven blockchain networks.
This new addition builds on the company's existing acceptance of $ETH and $BTC. This will allow customers from Open House to use a wider range of digital assets to purchase property.
BlackRock is now running its tokenized money market fund on Solana, according to Fortune. The fund—officially called the BlackRock USD Institutional Digital Liquidity Fund, or just BUIDL—was launched a year ago and already sits on Ethereum and five other blockchains.
The Solana ecosystem continues to grow as the recent developments within have increased the confidence among the market participants. Blackrock recently integrated blockchain technology and launched a tokenized Treasury fund on Solana. The fund has already accumulated $1.7 billion in cash and Treasury bills, with expectations to surpass $2 billion in early April.
BlackRock's tokenized money market fund has expanded to the Solana blockchain as its market capitalization approaches the $2 billion mark.On March 25, Carlos Domingo, the founder and CEO of real-world asset (RWA) tokenization platform Securitize, welcomed the Solana network to the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). This marks the tokenized money market fund's expansion to another blockchain network.
Ethereum's price movement has been slow compared to other major cryptos, but BitMEX co-founder Arthur Hayes remains bullish. In a bold prediction, he claims that Ethereum (ETH) will reach $5,000 before Solana (SOL) hits $300. This statement has sparked debates on whether ETH can outperform SOL in the coming months.
Solana is now home to the largest yield-bearing tokenized treasury following the launch of a new share class on the network. According to a press release, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) has extended support to Solana, pushing the frontier for traditional money market funds.
The crypto market registered a marginal increase over the past 24 hours as prices steadied, with its current market cap at $2.83 trillion. Bitcoin (BTC) reached an intraday peak of $88,635 before declining and steadying itself around $86,500.
Fragmetric, a native liquid restaking protocol on the Solana blockchain, has successfully secured a total of $12 million in funding, following its recent $7 million seed funding round last month. This latest round was led by RockawayX, with participation from notable investors including Robot Ventures, Amber Group, Hypersphere, and BitGo.
The fnud now has $1.7 billion in assets and is spread across seven different blockchains as BlackRock expands its presence in the crypto space.
BlackRock (NASDAQ:HOOD) is deepening its engagement with blockchain technology by bringing its tokenized money market fund, BUIDL, to Solana. What Happened: The development was confirmed on Tuesday by Securitize, BlackRock's tech partner, marking another significant step in the asset manager's digital asset roadmap, Fortune reported.
PumpSwap, a newly launched decentralized exchange (DEX) on the Solana blockchain, has quickly reached significant milestones.
Solana decentralized exchange PumpSwap, launched a week ago, has surpassed $1 billion in cumulative trading volume, capturing 21% market share in Solana DEX market.
BlackRock's move to Solana signals a shift towards integrating traditional finance with blockchain, potentially transforming asset management. The post BlackRock brings $1.7B tokenized treasury fund to Solana appeared first on Crypto Briefing.
Solana (SOL 0.23%) is hovering around its lowest price in over a year. That comes after an impressive run took it to a new all-time high in January.
Kyle Samani, co-founder and managing partner of Multicoin Capital, outlined his renewed Solana bull thesis in an interview with Frank Chaparro.. Multicoin, one of Solana's earliest backers since its seed round in 2018, is doubling down on its conviction that Solana is the most strategically positioned blockchain to power the future of decentralized finance and payments.
Solana has surged by 12% over the past week, riding the broader market's recovery attempt. At press time, the Layer-1 (L1) trades at $139.41.
BitMEX co-founder Arthur Hayes has once again stolen the spotlight with his recent comment on the social media platform. In a recent X post, Hayes said that Ethereum price will hit a new all-time high of $5,000 before Solana's rally to $300.
XRP's price saw a 13% surge after the SEC dropped its case against Ripple Labs, potentially triggering optimism for future ETF approvals and a rise in market activity.
Solana's price has rebounded 5.87% to $138 amid increased trading volume and network activity, boosted by Polymarket's integration of SOL wallet deposits.
ETPs, the heavily scrutinized investment vehicles, have delivered a resounding verdict: Ethereum is losing ground against XRP and Solana. According to CoinShares, net outflows from ETH-related products reached 86 million dollars in one week, while its rivals are nibbling away at market shares.
Sonic's on-chain activity and its DeFi ecosystem have seen unprecedented growth since the upgrade.
Blockchain betting platform Polymarket announced that users can now make deposits to their wallet using Solana starting March 25.
Solana traders are waiting to see if it can go higher or if it will drop again.
Bitcoin (BTC) has experienced a notable surge, gaining 3% in the last 24 hours, climbing from $84,000 to $88,600, following reports that upcoming US tariffs on major trading partners will be less severe than initially anticipated. However, altcoins like Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) have outperformed Bitcoin's surge in the 24-hour time frame, being the top gainers in the ten largest cryptocurrencies list.
March 25, 2025 05:04:45 UTC U.S. Government Gears Up for Massive Bitcoin Reacquisition – Rumours Reports from multiple sources indicate the U.S. government has deepened its ties with Coinbase and several other American exchanges, as well as major OTC desks, in anticipation of a massive Bitcoin block trade.
Solana started a recovery wave above the $132 resistance zone. SOL price is now consolidating and might struggle to recover above the $150 resistance.
21Shares has announced a major update for Swedish investors: XRP (AXRP), Bitcoin (CBTC), and Solana (ASOL) ETPs (Exchange-Traded Products) are now available on the Nasdaq Stockholm exchange in Swedish kronor. This makes it easier for investors to access these popular digital assets with local currency exposure.
Polymarket is banking on Solana's recent growth as U.S. regulators signal a softer stance on crypto and blockchain-based betting.
Polymarket has added support for Solana (SOL) wallet deposits, a move designed to lower transaction costs and improve user experience as the blockchain-based prediction market continues its meteoric rise. The integration brings one of the industry's fastest, lowest-cost networks to a platform that has already cemented itself as a leading venue for event-based forecasting.
The Solana-based meme coin Morning Routine (ROUTINE), launched on March 21, 2025, has quickly become a sensation, reaching a $19 million market cap by March 23.
Polymarket has sent shockwaves across Solana's ecosystem following the announcement of an integration. Users of the prediction markets platform can now deposit funds into their Polymarket wallet with SOL.
XRP and Solana saw the highest inflows among altcoin-based exchange-traded products (ETPs) in the week ending March 21, with $6.71 million and $6.44 million.
Raydium has maintained Solana dominance, and its token has jumped 12% despite the emergence of a competitor in PumpSwap.
Asset management firm 21Shares has deepened its European footprint by launching three new crypto exchange-traded products (ETPs) on Nasdaq Stockholm, according to a March 24 announcement. The newly introduced products are the 21Shares Bitcoin Core ETP (CBTC), the 21Shares Solana Staking ETP (ASOL), and the 21Shares XRP ETP (AXRP).
Solana co-founder challenges the need for L2 solutions, arguing that L1 blockchains can achieve faster, cheaper, and more secure scalability.
Up until now, Polymarket has primarily required users to buy USDC stablecoins for deposits although it uses the Polygon network.
Major cryptos like Bitcoin, Ethereum, and Solana show rising bullish sentiment, but liquidation risks grow.
Solana (SOL) is up nearly 9% in the last 24 hours, climbing above $140 for the first time since March 8, despite BNB surging to become the biggest chain in DEX volume last week.
Solana's native token, SOL (SOL), gained 8.5% on March 24, reclaiming the $142 mark for the first time in two weeks. This rally mirrored the gains seen across the broader cryptocurrency market as traders began to expect reduced risks of an economic downturn.