The Solana Foundation and its affiliates, such as Monke Foundry, distribute tens of millions in grants each year. This week, a public debate about support for builders on Solana spilled into full view, with Vibhu Norby, the Solana Foundation’s chief product officer, posting a detailed rebuttal, where they cited $650 million raised by alumni…
Bitcoin dominated weekly activity while Ethereum snapped its streak. Digital asset investment products posted $230 million in net additions last week, in a slowdown relative to recent trends. Although concerns around the Iran conflict have affected sentiment, CoinShares stated that the reaction to the US Federal Reserve’s Wednesday meeting and its “hawkish pause” signal…
CoinShares reported $1 billion weekly turnaround, driven by Bitcoin buying and renewed investor appetite across major markets. Investment products tied to digital assets recorded $1 billion in net inflows last week, reversing a five-week run of $4 billion in outflows. CoinShares said that no single macro event explains the change. Instead, previous price softness,…
Despite delays, experts say the approval of several altcoin ETFs, including Solana’s, are “really 100% now.” Industry observers have warned that a potential U.S. government shutdown could push spot Solana (SOL) ETF approvals past October. The recent introduction of new listing standards is also adding further uncertainty to the timeline because the experts don’t…
Are Wall Street’s rapid ETF approvals rewarding corporate tokens, and not grassroots decentralized networks? Wall Street’s push to approve altcoin exchange-traded funds (ETFs) this October, dubbed “Cointober” by some analysts, is drawing renewed attention to the growing institutional appetite for cryptocurrency. This has also raised questions about decentralization versus institutional validation. Cointober Frenzy According…
While Ethereum laid down the groundwork for smart contracts,21Shares found that Solana’s speed and cheap transactions are driving adoption across a broader spectrum, faster than Ethereum. Solana’s revenue engine has matured at a pace few in the industry could have anticipated, and has now clearly surpassed Ethereum’s early growth trajectory. From meme coin mania,…
Hype around Solana and XRP ETFs appears to have cooled, with inflows tapering to $93.3 million and $61.6 million as traders reassess the market. Even as crypto prices dipped following renewed US-China tariff tensions, investors poured $3.17 billion into digital asset funds last week. The week closed quietly with just $159 million in outflows…
Bitcoin faced $946 million outflows last week, yet altcoins like Ethereum, Solana, and XRP gained millions. Despite turbulence across crypto markets, investors treated Ethereum’s weakness as a buying window. During the week, investment funds dedicated to ETH pulled in $205 million in inflows during the week. The strongest momentum came from a 2x leveraged…
The Solana network’s economic activity contracted for the second consecutive quarter. Solana witnessed a notable economic slowdown as its active addresses took a plunge of 30% and operational efficiency collapsed by over 40% in the third quarter of the year. But data suggest that the network’s stablecoin activity came to the rescue. Solana’s Network…
Hong Kong investors will soon access Solana via ChinaAMC’s first spot ETF, which joins the company’s existing Bitcoin and Ethereum ETFs. Hong Kong’s financial regulator has granted approval for ChinaAMC’s spot Solana (SOL) exchange-traded fund (ETF), setting the stage for its debut next Monday. The Securities and Futures Commission (SFC) confirmed on its website…
