Tag: Solana

DeFi Development Corp. partners with Superteam Japan to launch first Solana treasury project

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Key Takeaways DeFi Development Corp. and Superteam Japan collaborate to launch DFDV JP, marking Japan’s first Solana treasury project. The partnership extends DeFi Development Corp.’s global Solana treasury accelerator program, following recent expansions like Korea. Share this article DeFi Development Corp., a US public company focused on Solana treasury strategies, partnered with Superteam Japan to launch DFDV JP, positioned as Japan’s first Solana treasury project. The collaboration extends DeFi Development Corp.’s treasury accelerator program internationally, following recent expansions to regions like Korea. The company builds and compounds Solana holdings through…

Useless Coin jumps 27% on Solana as smart money inflows surge

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Key Takeaways Useless Coin rose 27% in 24 hours on Solana amid heavy smart money buying. The surge is attributed to significant smart money buying activity, drawing public and social media attention. Share this article Useless Coin, a meme coin on the Solana blockchain, surged 27% today amid heavy smart money activity. On-chain data shows smart money wallets recording significantly higher buy-side activity than selling, signaling strong accumulation from informed traders. The meme coin now holds a market capitalization of about $361 million. The spike reflects continued speculative momentum across…

Sorare moves to Solana blockchain

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Key Takeaways Sorare, a fantasy sports platform, is migrating its ecosystem to the Solana blockchain. The move aims to enhance transaction speed, composability, and interoperability for Sorare’s users. Share this article Sorare, a fantasy sports platform, today announced its migration to the Solana blockchain to enhance transaction speed and composability across its gaming ecosystem. The move positions Sorare among several projects that have recently migrated to Solana for its low-latency infrastructure and DeFi integration capabilities. Sorare said the transition will help reach more users, improve performance, and enable new partnerships…

Jupiter teams up with Ethena to launch Solana stablecoin JupUSD

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Key Takeaways Ethena and Jupiter team up to launch JupUSD, a yield-bearing stablecoin, on Solana. Jupiter will progressively convert around $750 million in USDC from its Liquidity Provider Pool into JupUSD after launch in Q4 2025. Share this article Ethena, a protocol known for developing yield-bearing stablecoin mechanisms, has partnered with Jupiter, a Solana-based decentralized exchange aggregator, to launch JupUSD, a native stablecoin on Solana. The collaboration expands decentralized finance options on Solana, which has seen similar yield-bearing stablecoin products launch recently. Solstice Finance recently launched USX, a stablecoin designed…

Solana (SOL) Declines Again – Is This A Dip Worth Buying For Recovery?

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Solana started a fresh decline from the $238 zone. SOL price is now consolidating losses below $225 and might decline further below $218. SOL price started a fresh decline below $232 and $230 against the US Dollar. The price is now trading below $225 and the 100-hourly simple moving average. There was a break below a key bullish trend line with support at $230 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start another increase if the bulls defend $218 or $212. Solana…

Solana earns $2.85B as ETFs, treasuries boost institutional demand

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Solana generated $2.85 billion in revenue over the past year, according to a new report from 21Shares, driven by trading platform activity. Between October 2024 and September 2025, Solana averaged about $240 million in monthly revenue, peaking at $616 million in January during the memecoin boom led by tokens like Official Trump (TRUMP). But even after the frenzy cooled, monthly revenue was between $150 million and $250 million. Solana validators earn revenue from fees on transactions. Over the past year, revenue from fees flowed from across the ecosystem, including decentralized…

Grayscale debuts first Ethereum and Solana ETFs offering staking rewards

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Key Takeaways Grayscale launched the first US-listed spot ETFs for Ethereum and Solana that offer staking rewards. Investors can earn staking rewards on ETH and SOL through Grayscale’s institutional custodians and validator partners. Share this article Grayscale Investments announced Monday that its Ethereum Trust ETF (ETHE) and Ethereum Mini Trust ETF (ETH) have become the first US-listed spot crypto ETPs to enable staking. The firm simultaneously activated staking for its Solana Trust (GSOL), listed on OTCQX. The staking feature allows investors to gain exposure to the Ethereum and Solana networks…

Solana (SOL) Spikes Higher – Bulls Tighten Grip As Market Heats Up Again

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Solana Is The New Wall Street For Tokenization

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Chief investment officer of crypto asset management firm Bitwise, Matt Hougan, thinks Solana will be the Wall Street network of choice for stablecoins and real-world asset tokenization. “I think Solana is the new Wall Street,” said Hougan, speaking with Solana Labs’ Akshay Rajan on Oct. 2. He added that the Wall Street audiences consider Bitcoin (BTC) “very ephemeral” and “hard to get their heads around.” They can see what is happening in the stablecoin and tokenization space, and they know that it is going to be “enormously significant,” he said…