SEC Weighs Solana ETF as AUM Hits $338M
REXShares’s Solana staking ETF ($SSK) has $338M AUM, the first US-listed ETF with spot Solana and staking rewards. Nine other spot Solana ETFs await SEC review. #Update #ETF $SOL
Covers news and developments related to various alternative cryptocurrencies (altcoins) excluding Bitcoin
REXShares’s Solana staking ETF ($SSK) has $338M AUM, the first US-listed ETF with spot Solana and staking rewards. Nine other spot Solana ETFs await SEC review. #Update #ETF $SOL
Dogecoin ($DOGE) may see a “face-melting rally” as it completes a rare Bump & Run Reversal Bottom pattern, suggesting potential price targets between $0.70 and $0.85. #Update #Crypto $DOGE
@AnchorageDigital integrates $JUP into its institutional wallet, Porto, enhancing DeFi access for institutions and liquidity on the $SOL network, reducing transaction slippage. #Update #Crypto $SOL
Dogecoin’s multi-month decline may reverse as technical indicators suggest a potential breakout, according to analyst Cantonese Cat. $DOGE trades at $0.233. Crypto $DOGE
@cryptocom partners with Sharps Technology to manage $400M+ Solana treasury, enhancing ecosystem liquidity with institutional-grade custody and OTC services. #Update #Crypto $SOL
Cronos partners with Amazon AWS to enhance blockchain data and tokenization, aiming for $10B in tokenized assets and 20M users by 2026. #Update #Blockchain
Analyst Gem Detecter predicts $SOL could retest or exceed all-time highs in Q4 as bullish sentiment grows, fueled by ETF developments and Nasdaq’s Forward Industries SOL treasury launch. #Update #Crypto $SOL
Solana ($SOL) finds support at $192, attempting recovery above $200 but faces resistance near $215-$220. Trading above $202, potential decline if below $216. #Update #Crypto $SOL
Bloomberg analyst Eric Balchunas predicts a 100% chance of Solana ETF approval due to streamlined SEC processes and favorable regulatory changes. #Update #Crypto $SOL
Bloomberg analyst Eric Balchunas claims a 100% approval chance for crypto spot ETFs, including the XRP ETF, boosting bullish sentiment with projections of $33 for $XRP. #Update #Crypto $XRP
@Ripple Chief Legal Officer Stuart Alderoty emphasizes the urgent need for clear U.S. crypto regulations, citing significant consumer adoption and support for stronger oversight. #Update #Crypto $XRP
XRP enhances cross-border payments by eliminating pre-funding and speeding up transactions, gaining traction in loyalty programs and institutional adoption, with over 6.6 million active wallets globally. #Update #Crypto $XRP
Institutional interest in $SOL grows as treasury wallets hold 20.9M SOL (3.64% of supply), with speculation of a Solana staking ETF potentially boosting capital inflow. #Update #Crypto $SOL
Ripple’s $XRP may face a short squeeze as institutional lockups could reduce its trading supply to 21 million, similar to Bitcoin’s cap. #Update #Crypto $XRP