Solana
RWA Protocol Ondo Finance Expands Tokenized Treasury Offerings to the Solana (SOL) Network and DeFi Apps
“The Solana DeFi ecosystem has demonstrated great resilience and growth potential, thanks to its innovative scaling and low transaction costs,” Nathan Allman, founder and CEO of Ondo Finance, said in a statement. “Integrating Ondo’s offerings with Solana not only aligns with our strategic growth but also paves the way for novel decentralized finance applications leveraging…
Bitcoin (BTC) Nears $43,000 as Meme Coin Dreams on Solana, Avalanche Lead Altcoin Gains
“On the other hand, Tuesday’s peak is close to last Thursday’s, leaving Bitcoin inside the range. Average fees on the Bitcoin network topped $37, hitting a yearly high. The growth was fuelled by another wave of activity in the Ordinals segment, which increased demand for space in the blockchain, and thus increased BTC demand,” Kuptsikevich…
USDC Issuer Circle Brings Native EURC Stablecoin to the Solana (SOL) Ecosystem
“Users will be able to securely hold savings in euro without the need for a traditional bank account, offering a powerful tool for those looking to safeguard against local currency volatility or devaluation risks that afflict numerous regions globally,” said Rachel Mayer, vice president of product management at Circle. Source link
Meme Coin BONK’s Surge Send Prices of Solana Saga Phone Flying to $2K
“We haven’t seen a ton of signal whether that’s a compelling enough thing to sell 50,000 units,” Solana founder Anatoly Yakovenko said during an interview at the time. “I think 25,000 to 50,000 units to feel like there is a hardcore user base for developers to be compelled to ship applications.” Source link
Solana (SOL) Rally Sees FTX’s Holdings Grow to $3.3B, Setting Claims Market on Fire
“The market for claims has gone red hot,” Braziel said via email. “Everything that was off the table is now on the table in terms of issues with claims, such as KYC/ AML being not verified. In the beginning it was super picky; now it’s whatever we can touch that we can figure out, we…
Sales of Solana Phone Surge as Traders Chase BONK Arbitrage
Solana’s Sage phone is seeing a surge in sales on the backs of arbitrage traders chasing a lucrative BONK payout. Source link
Solana (SOL) Prices Are up 500% This Year, But its Phone Hasn’t Seen Similar Success
“We have to decide if there’s a place for a smart wallet, a much cheaper version that an iPhone user could use as a secondary device. We haven’t seen a ton of signal whether that’s a compelling enough thing to sell 50,000 units,” he said, saying that this was the magic number to determine the…
Jito’s Token Rallies Following JTO Airdrop on Solana (SOL)
Only 10% of JTO’s total supply is being distributed to airdroppers, who, notably, have an 18 month window to claim their treasure. Any unallocated tokens will go into a treasury controlled by Jito’s decentralized autonomous organization (DAO), which is managed by JTO holders. Source link
Solana Protocol Kamino Eyes Airdrop Following Jito Token Launch
Solana’s SOL token has more than tripled since mid-October as DeFi traders return to the ecosystem’s on-chain trading, borrowing, lending and yield-generating projects, most notably Kamino. Source link
Bitcoin (BTC) Price Rally Halts at $43K While Ether (ETH), Solana (SOL) Rallies to Fresh Highs
BTC dipped to $43,000 during the day following its breakneck climb to near $45,000 earlier this week, suggesting that traders took some profits after the largest crypto’s breakout from $38,000 a week ago. Recently, bitcoin was changing hands at around $43,300, down 1.1% over the past 24 hours. Source link