Ethereum DApp volume surges by 83%, but there could be a catch
Ethereum network volumes have soared, but a single decentralized application accounted for 59.5% of the entire network’s volume. Go to Source
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Solana ETF Approval Odds Rise Amid Potential Political Shifts, Analyst Says
Bloomberg’s senior ETF analyst has stated that the odds of a Solana exchange-traded fund (ETF) being approved within the next 12 months are closely linked to the likelihood of a change in the U.S. presidency. He noted that it is “safe to say the chances of both are higher today than they were yesterday.” Potential … Read more
21shares Files to Launch Solana ETF With SEC
21shares has filed a registration statement for a solana exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The ETF will trade on the Cboe BZX Exchange and will utilize Coinbase Custody Trust Company for secure custody of SOL. Vaneck also recently filed a registration statement with the SEC to launch a solana … Read more
Solana’s Stablecoin Transfer Volume Drops Drastically Amid Scrutiny
According to stablecoin transfer volume metrics divided by blockchain, Solana’s daily transfer volume has decreased from a range of $75 billion to $100 billion daily to around $7 billion daily. Additionally, a crypto advocate expressed doubts about the legitimacy of Solana’s previous stablecoin transfer volumes, indicating that the metrics were highly overstated. Stablecoin Metrics Reveal … Read more
Solana Emerges As Leading Blockchain With Highest DEX Transactions
Over the past 30 days, Solana has solidified its position as a top contender in the blockchain space, boasting an impressive 290 million decentralized exchange (DEX) transactions, the highest among all blockchains. Additionally, Solana has attracted over 18 million unique traders, surpassing any other blockchain in this metric. While Ethereum leads in total trading volume, … Read more
Tron network deposits drop to 6-month low as TRX price rallies — Trouble in paradise?
Tron’s total value locked (TVL) plummeted to a six-month low of $7.6 billion as TRX price rallied. Cointelegraph investigates. Go to Source
Solana Climbs 8.1% Following Vaneck’s SEC Filing for SOL-Based ETF
Following Vaneck’s application with the U.S. Securities and Exchange Commission (SEC) to launch a solana-based exchange-traded fund (ETF), solana has appreciated 8.1% against the U.S. dollar. Apart from bitcoin, ethereum, and stablecoins, solana now boasts the highest daily trade volume among all other crypto assets on market aggregation platforms. Vaneck’s ETF Filing Catalyzes Increase in … Read more
Vaneck Seeks SEC Approval for Solana-Based ETF
In a significant expansion of its cryptocurrency offerings, Vaneck has announced the filing of the first U.S. exchange-traded fund (ETF) focused on Solana. This move marks a strategic enhancement of Vaneck’s digital asset products, according to Matthew Sigel, head of digital asset research. Vaneck’s New ETF to Offer Direct Exposure to Solana’s SOL Token Vaneck‘s … Read more
Water Team Suspected Of Dumping $WATER Tokens As Snipers Cash In
In the past 24 hours, the Water team has come under scrutiny for allegedly selling a substantial amount of $WATER tokens. On-chain analysis by Lookonchain revealed that the developers transferred 844.44 million $WATER to 11 new wallets that did not participate in the pre-sale. These wallets have since sold the $WATER tokens, amassing over 18,600 … Read more
3iq Files to Launch Solana Exchange-Traded Product in Canada
3iq Digital Asset Management has announced that its solana fund has filed a preliminary prospectus for an initial public offering in Canada. The fund aims to become the first solana (SOL) exchange-traded product (ETP) in North America. Its objectives include providing exposure to the cryptocurrency, long-term capital appreciation, and staking yield. The Fund Seeks to … Read more
