Sweden and Hong Kong bucked the trend as the two countries logged modest outflows. Digital asset investment products logged their second straight week of inflows as they collectively pulled in $1.9 billion. The surge followed the US Federal Reserve’s long-anticipated interest rate cut last week. Investors were initially hesitant and treated the move as…
The launch of Aster drove BNB Chain fees to $1.4 million. BNB Chain has overtaken Solana in daily chain fees and sustained the lead for three consecutive days. Fees, which are a key indicator of actual network usage, reveal a sharp reversal after Solana dominated mid-September with highs around $2.2 million compared to BNB…
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…
Vitalik Buterin and Anatoly Yakovenko debate whether Ethereum’s Layer-2 networks truly ensure security and decentralization. A public exchange between Ethereum co-founder Vitalik Buterin and Solana co-founder Anatoly Yakovenko has gotten attention in the X crypto community. The debate centered on the level of security that Ethereum’s Layer 2 (L2) networks offer. Security and Centralization…
