Solana Foundation (@solana) launches Actions & Blinks to boost crypto adoption. Users can now transact on the SOL blockchain via URLs, social networks, & QR Codes. Active addresses hit 42 million. #CryptoAdoption #Update
Colosseum raises $60M to back teams from Solana hackathons via its Accelerator. Co-founder Clay Robbins aims to support global crypto founders. First demo day for current batch set for June 27, 2024. #Solana $SOL #Update
Solana ($SOL) unveils “Blinks” and “Solana Actions,” enabling blockchain transactions via links, QR codes, and app buttons. Collaborating with @Phantom, users can now swap tokens directly in social media feeds. #Update #Blockchain #CryptoNews
Bitcoin faces heavy selling pressure, dropping over 15% since peaking at $72,000. Analysts like @rektfencer predict a rebound, citing post-halving consolidation and potential catalysts like the US election. Altcoins $ETH and $SOL could also gain. #Update
3iQ Digital Asset Management is criticized for marketing its Solana Fund ($QSOL) as North America’s first Solana ETP. Analysts claim it lacks essential ETF features, raising concerns over 3iQ’s promotional tactics. #Solana #Update
Teleport, a new rideshare service on Solana blockchain, launches with 857 drivers. Developed by Decentralized Engineering Corp., it charges only 15% of fares vs. Uber’s 44%. Co-founder Raj Gokal believes this onchain model “could actually work.” #Blockchain
3iQ files for North America’s first Solana-based spot ETF, QSOL, set to trade on the Toronto Stock Exchange. Offering simplified investment in $SOL, it promises 6-8% profit through staking. Available in Canada (excluding Quebec). Custodians: Coinbase Custody & Tetra Trust. #Update
Canadian firm 3iQ Corp files to launch North America’s first Solana ETF, $QSOL, on the Toronto Stock Exchange. This move, following U.S. approval of spot Ethereum ETFs, aims to simplify Solana exposure for investors. #Update #CryptoNews
Galaxy Digital, founded by Michael Novogratz, is set to surpass @Coinbase as the largest validator in the Solana network, holding 9.7M $SOL tokens. Expected to generate $22M annually from staking fees. #Crypto #Update
Base, a new blockchain platform, sees rapid growth, increasing daily active users from 437K to 642K in two days. With 2.766M daily transactions, Base is challenging @Solana by addressing Ethereum’s scalability. #Blockchain #Update
Rollblock’s new altcoin draws $SOL and $DOGE holders with a 30% APR and a unique revenue share model. Over 90M RBLK tokens sold, raising $750K in its ICO. The project includes an online casino in a $450B market. #Update
The SEC ended its Ethereum investigation, causing $ETH and altcoins to surge. This decision raises questions about the commodity status of other PoS cryptos like $SOL, $ADA, and $MATIC. Consensys continues to challenge SEC over MetaMask Swaps. #Update
Solana ($SOL) dips from $200 to $140 but anticipates a $170 rally amid PayPal USD integration and ETF rumors. Pepe ($PEPE) struggles post-ATH, while Rebel Satoshi Arcade ($RECQ) gains traction with a 45x upswing forecast. #Update
Cboe VP Rob Marrocco says Solana ETFs are unlikely without a futures market or regulatory clarity. The absence of futures markets for Solana and XRP is a key barrier. Regulatory framework progress from the FIT21 Act could help. #CryptoRegulation #Update
