Whales Awaken as $117M ETF Soaks Supply
Solana sees significant whale activity as 200,000 SOL worth $40M moves to Coinbase, but $117M in ETF inflows from Grayscale and Bitwise support price stability amid market volatility. #Update #Crypto $SOL
Solana
Solana ETF Success Propels SOL Above $500
@Bitwise’s Solana Staking ETF (BSOL) launched on Oct. 28, attracting $69 million in first-day inflows and $57.9 million in trading volume, signaling strong institutional interest. #Update #Crypto $SOL
Solana Surges to 2.3M SOL Reserves
@SolanaCompany increases its reserves to 2.3M $SOL amid rising institutional interest, holding over $15M in cash and stablecoins. Network metrics show 3.7M active wallets daily and 3500 transactions per second. #Update #Crypto $SOL
Solana Powers Western Union’s USDPT Stablecoin Launch
@WesternUnion plans to launch USDPT stablecoin on Solana by 2026, aiming to integrate digital assets with fiat currencies after the GENIUS Act passage. #Update #Crypto $SOL
Solana Expands with SolsticeFi Yield Platform
Solana’s DeFi ecosystem grows as SolsticeFi launches a risk-controlled yield platform, enhancing decentralized finance options on the network. #Update #DeFi $SOL
Solana Launches Spot Crypto ETFs on NYSE
The New York Stock Exchange has listed four new spot cryptocurrency ETFs, including the Bitwise Solana Fund and Grayscale Solana Trust, set to trade this week despite the SEC’s reduced operations during the government shutdown. #Update #Crypto $SOL
Solana Surges as Buyer Demand Grows
Solana ($SOL) sees gradual gains, indicating renewed demand from buyers. No significant price movement or major market events reported. #Update #Crypto $SOL
Solana Lowers Validator Entry Barriers Post Upgrade
Solana’s upcoming Alpenglow upgrade aims to lower validator costs significantly, enhancing staking accessibility and decentralization. CEO Michael Repetny discusses its potential impact on the network’s economy. #Update #Crypto $SOL
Bitcoin Surges as XRP Reclaims 200-Day Average
Major cryptocurrencies are rising as the Federal Reserve is expected to cut rates by 25 basis points, with Bitcoin at $113,600 and XRP surpassing its 200-day SMA. #Update #Crypto $BTC $XRP
Solana ETF Launches in Hong Kong
Bitcoin fluctuated between $106,000 and $114,000 this week; predictions suggest a peak may not occur until 2026-2028. Donald Trump pardoned former Binance CEO Changpeng Zhao, while a Solana ETF launches in Hong Kong on October 27. #Update #Crypto $BTC $SOL
SOL Launches on Fidelity Retail Platform
$SOL trades at $191.95, with critical support at $188 and resistance near $195. Fidelity adds SOL for U.S. customers; Gemini launches a Solana credit card offering rewards. #Update #Crypto $SOL
Solana ETF Launches in Hong Kong Market
Hong Kong has approved its first spot $SOL ETF, launching Oct. 27, allowing institutional investors to access Solana without managing wallets. This could enhance liquidity and price discovery for $SOL. #Update #Crypto $SOL
Solana ETF Approved by Hong Kong Regulator
Hong Kong’s Securities and Futures Commission approves the first Solana $SOL spot ETF, set to trade on Oct. 27, while U.S. regulators delay similar approvals. #Update #Crypto $SOL
Solana Launches Kalshi Prediction Market for F1
Jupiter DEX launches a Kalshi-powered prediction market for the F1 Mexico Grand Prix, allowing users to bet on drivers’ outcomes with initial trading limits in place. #Update #Crypto $JUP