Tag: Solana

Solana Seeker Phone Users Can Claim SKR Token on Jan. 21

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Solana Mobile said its highly anticipated SKR token will launch on Jan. 21, with Solana Seeker smartphone users in the running to claim up to 20% of the token via airdrop. Solana said on Wednesday that SKR would launch on Jan. 21 at 2 am UTC, letting users delegate their tokens to “Guardians” who will secure the Solana network while verifying devices and curating the decentralized app store.  Users will earn rewards in exchange for delegating the tokens and will also be able to access various exclusive in-app features. “SKR will…

Ethereum and Solana Taking Different Paths to Blockchain Resilience

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Ethereum and Solana are not only separated by questions of scalability, they are increasingly divided by competing visions of what blockchain networks must be built to withstand in the future. Recent remarks from the co-founders of each network revealed two competing definitions of “resilience,” rooted in different assumptions about risk, infrastructure and the future shape of blockchain adoption. In an X post revisiting Ethereum’s Trustless Manifesto, co-founder Vitalik Buterin framed resilience as protection against catastrophic failure, including political exclusion, infrastructure collapse, developer disappearance and financial confiscation.  Buterin argued that Ethereum…

Solana (SOL) Holds Support Post-Gains, Testing Bull Conviction

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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…

Jupiter Launches JupUSD Stablecoin Backed by BlackRock’s BUIDL on Solana

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Jupiter, a Solana-based DeFi protocol and trading platform, has launched JupUSD, a dollar-pegged stablecoin issued natively on Solana and developed in partnership with Ethena Labs. In an X post on Monday, Jupiter said 90% of the stablecoin’s reserves will initially be held in USDtb, a licensed stablecoin collateralized by shares of BUIDL, BlackRock’s tokenized money-market fund. The remaining 10% will be held in USDC as a liquidity buffer, with a secondary pool on Meteora. Source: Jupiter Exchange In an announcement shared with Cointelegraph, Jupiter said that JupUSD is issued as an SPL token, Solana’s standard…

Morgan Stanley Files For Bitcoin, Solana ETF With SEC

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Update Jan. 6, 12:57 p.m. UTC: This article has been updated to include a paragraph on Morgan Stanley’s prior involvement with cryptocurrency funds. US investment bank Morgan Stanley has filed with the US Securities and Exchange Commission to launch two cryptocurrency exchange-traded funds (ETFs), one tied to Bitcoin and the other to Solana, as Wall Street firms push deeper into regulated digital-asset products. The proposed Morgan Stanley Bitcoin (BTC) Trust and the Morgan Stanley Solana (SOL) Trust will function as “passive investment” vehicles that hold and track the performance of…

$1.8 trillion Morgan Stanley files S-1 for spot Bitcoin, Solana ETFs

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Key Takeaways Morgan Stanley Investment Management filed S-1 registration statements for proposed spot Bitcoin and spot Solana ETFs. The proposed ETFs would track the spot prices of Bitcoin and Solana, with the Solana fund also incorporating staking to earn additional rewards. Share this article Morgan Stanley Investment Management, the $1.8 trillion asset management arm of global financial firm Morgan Stanley, on Tuesday submitted S-1 filings to the US Securities and Exchange Commission seeking approval to launch its spot Bitcoin and spot Solana exchange-traded funds. The Morgan Stanley Bitcoin Trust aims…

Solana ETFs exceed $1B in assets, Bitwise’s BSOL leads with $732M

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Key Takeaways Solana ETFs have crossed the $1 billion mark in assets under management. Bitwise’s BSOL leads Solana ETFs with $732 million in assets. Share this article Solana ETFs have surpassed $1 billion in assets under management, with Bitwise’s BSOL leading the pack at $732 million, per SoSoValue. Total net assets represent about 1.4% of Solana’s total market capitalization. BSOL, the Bitwise Solana Staking ETF, tracks the performance of Solana’s native token while incorporating staking rewards. The fund stakes assets in-house to maximize returns for investors. Funds managed by Grayscale…

Solana (SOL) Reclaims 132 Level, Momentum Turns Sharply Bullish

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Solana started a fresh increase above the $130 zone. SOL price is now consolidating above $132 and might aim for more gains above the $138 zone. SOL price started a fresh upward move above the $130 and $132 levels against the US Dollar. The price is now trading above $132 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $135 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $140 resistance…

Solana Has Institutional Momentum With RWAs Heading Into 2026

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Solana appears poised to expand from its memecoin-focused, retail-dominant network this year, after posting record real-world asset tokenization activity in December.  Data from RWA.xyz shows the value of tokenized RWAs on Solana increased nearly 10% over the last month to a record-high $873.3 million, while the number of Solana RWA token holders rose over 18.4% to 126,236 over the same timeframe.  The majority of these RWAs back US Treasuries, such as the BlackRock USD Institutional Digital Liquidity Fund and the Ondo US Dollar Yield, which boast market caps of $255.4…

Can Solana Shed Its Memecoin Image in 2026?

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Solana heads into 2026 facing the question of whether infrastructure upgrades and tokenized financial activity can push the network beyond its memecoin reputation. Solana kicked off 2025 at the height of the memecoin frenzy, with Solana (SOL) reaching a new all-time high of $293 on Jan. 19. As memecoin volumes cooled over the year, SOL had fallen to around $130 by mid-December. “Solana needs to shake off the stamp of ‘memecoin [or] NFT’ chain and position itself as a serious place for Web2 and Web3 financial businesses to come and…