Bitwise has become the fourth company to file for a Solana ETF in the United States, joining Canary Capital, VanEck, and 21Shares in the race to launch the first such product amid changing political leadership and regulatory expectations.

This ETP would directly hold SOL, the native token of the Solana blockchain. This will give investors a new way to invest in this crypto.

XRP and Cardano lead an altcoin surge as Bitcoin consolidates, signaling a redistribution of profits and market focus.

The broader crypto ecosystem is soaring to new highs, with the combined market cap now at a record $3.4 billion. XRP joined this uptrend with its price crossing its three-year high as it soared above $1.42 overnight.

SOL reached a new all-time high of $263 more than three years after it last peaked, according to data from CoinGecko.

Cardano is gaining bullish momentum as the crypto market continues to hit higher highs and Bitcoin is inching closer to the $100,000 mark. With the third bullish week in motion, the ADA price is nearing the $1 milestone. Will the ongoing bull run in the ADA price trend achieve the $1 milestone? Let's find out.

The price of SOL is in pump by +375% compared to a year ago.

Solana's SOL token has reached a new all-time high of $264.31, marking a complete recovery from its post-FTX collapse through strong ecosystem growth, institutional interest, and increased DeFi activity.

Cardano (ADA) has been on an impressive streak, climbing 35% over the past week and currently trading near the $0.77 mark. With a promising technical setup and strong market sentiment, ADA seems poised for further gains.

Solana (SOL) price surged 12%, reaching a fresh all-time high of $263.70 following the Cboe Exchange's submission of four 19b-4 filings for spot Solana ETFs by asset managers like VanEck, Bitwise, and 21Shares.

A whale recently purchased 100K SOL worth $23.86M. What could this mean for Solana's price?

On-chain activity shows the involvement of large investors and institutions, indicating that the price surge could have staying power.

On Thursday, Fox reporter Eleanor Terret revealed that the US Securities and Exchange Commission (SEC) is actively engaging in discussions with several asset managers regarding the launch of the new spot Solana ETF market. The firms involved include VanEck, 21Shares, Canary Capital, and Bitwise, all seeking to introduce products tied to the Solana price.

Solana's recent surge to over $260 marks a significant recovery from its low of $8 in late 2022.

VanEck and 21Shares are intensifying efforts to introduce Solana-focused ETFs (exchange-traded funds) in the US. The firms filed their proposals with the Chicago Board Options Exchange (Cboe) following earlier applications with the Securities and Exchange Commission (SEC).

The cryptocurrency market has risen by 4.34% in the last 24 hours, reaching a valuation of $3.31 trillion. This surge coincided with a huge increase in trade volume, which surged by 30.98% to $248.9 billion. Investor excitement is apparent, as indicated by the Fear & Greed Index, which shows “Extreme Greed” with 88.

Solana (SOL) shattered its all-time high (ATH) by soaring past $263 for the first time on Thursday. This marks a stunning comeback after years of volatility and setbacks.

Discussions between the SEC and Solana ETF issuers are advancing rapidly, rekindling hopes for an upcoming approval! With imminent filings and a pro-crypto administration, the arrival of a Solana ETF could transform the crypto market and mark a decisive turning point for the ecosystem.

Bitcoin just smashed a new all-time high at $99,000, stealing the spotlight in the crypto markets! Meanwhile, altcoins are either dragging their feet or clinging to support, waiting for a breakout. Solana, the fourth-largest crypto, has hit an all-time high, surging beyond $263 and eclipsing its previous record set in October 2021.

Altcoins have finally awoken with many of them hitting double-digit gains following the announcement of SEC Gary Gensler's departure from the agency.

As Bitcoin surpasses the $99,000 mark, with a new all-time high of $99,314, Solana shares the momentum to hit a new ATH. With a 10% surge in the last 24 hours, the bull run in SOL price powers tailwinds for other altcoins.

Solana has once again caught the attention of market participants as it hit a new ATH on Friday. Notably, SOL witnesses a sustained rally against the backdrop of massive whale accumulations.

Some major altcoins have also started riding the bullish wave alongside Bitcoin. Solana (SOL), the fourth-largest cryptocurrency by market cap, has also surged to a new record high of $262.

Axie Infinity (AXS) and Smooth Love Potion (SLP) tokens have crawled back in the past few days as the ecosystem started to bounce back. The SLP coin was trading at $0.0035 on Friday, up by 65% from its lowest point this year. Similarly, the Axie Infinity coin was trading at $5.

On Friday, Solana (SOL) soared to a new all-time high (ATH), now trading at approximately $261. This breakthrough surpasses its previous peak set in November 2021.

SOL Global Investments, a Canadian investment fund focused on Solana (SOL) and its growing blockchain ecosystem, is taking advantage of the surge in Solana's value by raising C$3.6 million (roughly $2.5 million) to acquire more SOL tokens.

Solana (SOL), one of the most prominent blockchains in the world, just hit a new all-time high record of $260. Fillings for Solana's crypto-related products boost the token price.

Solana gained 11% in the past 24 hours, trading above $263 to reach a new all-time high amid an extended crypto market rally.

Cardano price continued its strong comeback this week as Bitcoin approached the important resistance level at $100,000. The ADA token jumped to a high of $0.90, its highest level since April 2022. It has risen in the last three consecutive weeks and by over 275% from last year's low.

New Solana ATH: SOL hits a new all-time high as altcoin season heats up. Learn how Solana's meme coin ecosystem is driving altcoin price spikes. The post Solana Reaches $260 ATH, Fueling Altcoin Season Hype – Are Meme Coins Next? appeared first on Cryptonews.

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Solana prices have surged a whopping 11% on the day returning to their all-time high last visited three years ago.

After plunging to nearly $8 in 2022, Solana has finally fully rebounded, jumping above the $260 mark Thursday for the first time ever.

The SEC's reported progress on Solana ETF filings and potential leadership changes have sparked optimism, signaling a possible shift in cryptocurrency investment regulations. Solana ETF Filings Spark New Hope Discussions about a solana (SOL) spot exchange-traded fund (ETF) between the U.S.

The Solana network remains one of the leading blockchains in the dynamic crypto sector, drawing in a significant number of users on a daily basis, which has led to a recent notable spike in its transfer volume to unprecedented levels.

Bitwise, VanEck, 21Shares and Canary Capital have also recently submitted their S-1 registration statements to list a spot Solana ETF in the US.

Bitwise's move could accelerate mainstream acceptance of Solana, influencing regulatory perspectives and boosting institutional crypto interest. The post Bitwise files Form S-1 for spot Solana ETF with SEC appeared first on Crypto Briefing.

Bitcoin (BTC/USDT) is once again flirting with the $100K level, but this time, it's not alone in the spotlight. Ethereum has finally woken up, signaling the long-awaited start of altcoin season.

Besides an impressive gain of over 43% in the past week, Cardano (ADA) is poised to continue this upward rally in the coming days, as it has formed a strong bullish price action pattern on its daily time frame. With this bullish price action, heightened participation from traders and investors has been observed.

NEAR Protocol has been on an impressive upward trajectory, posting a 12% gain over the past seven days. As of now, NEAR is trading at $5.79, boasting a robust market capitalization of $7.05 billion.

Solana has been on an extraordinary growth streak this year, cementing its place as a leading blockchain platform. Recent reports show that it now holds the title of the blockchain with the highest global traffic share in 2024.

The triangle pattern formation that Shiba Inu is currently showing on its daily chart may pave the way for noteworthy price action. In the case of SHIB, triangle patterns frequently signal a period of consolidation prior to a clear market move, which may provide the groundwork for a robust upward rally.

Crypto-investments firm Bitwise took a big jump Thursday toward offering a Solana exchange traded fund (ETF) in the United States.

The price of the native token of smart contract platform Cardano ($ADA) has surged by more than 41% over the past week to now trade at around $0.8 per token, giving it a total market capitalization above the $28 billion mark.

Solana (CRYPTO: SOL) is up 10% on the day and closing in on its all-time high as new Solana spot ETF filings indicate continued institutional interest. What Happened: Eleanor Terrett of Fox Business on Thursday tweeted that the SEC is reportedly engaging with issuers interested in launching a Solana spot ETF, with progress being made on S-1 applications, citing sources familiar with the matter.

Bitwise files for a Solana ETF in Delaware, joining several other investment firms in the race for regulatory approval.

Fox Business reporter Eleanor Terrett has claimed that the SEC is quietly engaging with several issuers about approving a Solana ETF.

Crypto asset manager Bitwise has filed for a Solana ETF amid increased optimism about SEC approvals under a Donald Trump administration.