Tag: Solana

Solana and Ethereum can coexist in tokenization race: Dragonfly

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Solana and Ethereum will both thrive in the tokenization race and neither blockchain will push the other out of the space, says Dragonfly general partner Rob Hadick. “They are both Facebook,” Hadick told CNBC’s “Squawk Box” on Wednesday, when asked which blockchain will gain market dominance like social media platform Facebook or fall behind like the once-popular MySpace. Hadick said that with growing interest in tokenization and increasing economic activity onchain, there’s room for multiple blockchains to coexist.  “There’s a lot of room in this market. If you believe that…

Ondo’s Plan to Launch Tokenized US Stocks on Solana in 2026

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Key takeaways Ondo plans an early 2026 rollout of tokenized US stocks and ETFs on Solana. The tokens are custody-backed. Underlying securities sit with US-registered broker-dealers, while onchain holders receive economic exposure rather than shareholder rights. Minting and redemption are designed to keep tokens anchored to real assets on a 24/5 basis, while transfers and trading can operate 24/7. Compliance is intended to travel with the asset, using Solana Token Extensions such as Transfer Hooks to enforce eligibility and transfer restrictions. Ondo’s core pitch is that investors should be able…

Solana (SOL) At Risk of Fresh Bearish Wave, Traders Turn Cautious

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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 treasury Upexi plans $1B capital raise to support operations and investments

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Key Takeaways Upexi seeks to raise up to $1 billion by offering various securities to support operations and investment plans. A significant portion of Upexi’s balance sheet is allocated to staked Solana assets through its digital asset treasury program. Share this article Upexi, a Solana-focused treasury company, plans to establish a shelf registration authorizing up to $1 billion in potential securities offerings, according to a recent SEC disclosure. The filing covers common and preferred stock, debt securities, warrants, and units, which may be issued over time. Upexi stated that net…

Crypto funds shed $952M but XRP and Solana buck the outflow trend

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Key Takeaways Digital asset investment products saw $952 million in outflows last week, led by Ethereum and Bitcoin. XRP and Solana recorded strong inflows, defying the broader fund withdrawal trend. Share this article Crypto investment products shed $952 million last week as delays to the market structure bill and concerns over whale selling triggered a risk-off shift among investors, according to CoinShares. The pullback snapped a four-week inflow streak, largely driven by heavy outflows from Ethereum and Bitcoin funds. About $555 million exited Ethereum products, while Bitcoin funds saw $460…

Solana (SOL) Targets Upside Break, Bulls Smell Momentum Shift

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Solana started a recovery wave above the $120 zone. SOL price is now consolidating and faces hurdles near the $128 zone. SOL price started a decent recovery wave above $122 and $124 against the US Dollar. The price is now trading above $125 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $127 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $128 and $130. Solana Price Faces Resistance…

SolanaFloor app launches on Solana Mobile’s dApp store

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Key Takeaways SolanaFloor app is now available on Solana Mobile’s dApp store for Seeker device users. The app delivers Solana ecosystem news, data, and educational content directly to mobile users. Share this article SolanaFloor app launched today on Solana Mobile’s dApp store, bringing real-time news and data to users of the Seeker device. The app provides access to Solana ecosystem news, key data, curated insights, and educational content directly through the mobile platform. Seeker users can now access these features natively through the dApp store. Solana Mobile operates a dedicated…

Mangoceuticals teams with Cube Group on $100M Solana DAT plan

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Key Takeaways Mangoceuticals is launching a $100 million digital asset treasury strategy focused entirely on Solana. Cube Group will manage the strategy, targeting annualized SOL staking yields of 7-20% for investors. Share this article Mangoceuticals (MGRX), a telemedicine-focused health and wellness company, has partnered with Cube Group, a digital asset treasury firm, to establish a new digital asset treasury (DAT) strategy with a target capacity of up to $100 million in Solana (SOL), according to a new press release. Mangoceuticals plans to leverage its Nasdaq listing to raise capital through…

NEAR token goes live on Solana with one-click cross-chain swaps

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Key Takeaways NEAR token is now available on Solana, expanding cross-chain interoperability. Users can perform one-click cross-chain swaps to NEAR without bridging or switching wallets. Share this article NEAR Protocol’s native token, NEAR, is now live on Solana, enabling seamless cross-chain functionality powered by NEAR Intents and Orb Markets. The integration allows users to swap into NEAR and move assets between chains instantly, without bridging, multiple wallets, or gas fees. Solana users can now deposit or withdraw NEAR directly through the NEAR Intents interface, which offers a one-click experience designed…

Solana (SOL) Fights to Hold $120—Is the Next Move Lower?

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Solana failed to settle above $132 and nosedived. SOL price is now consolidating losses below $130 and might decline further below $120. SOL price started a fresh decline below $130 and $128 against the US Dollar. The price is now trading below $128 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $131 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $122 or $120. Solana Price Dips…