Tag: Solana

Solana (SOL) Loses Momentum—Could Sellers Take Control Again?

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Solana started a recovery wave above the $126 zone. SOL price is now consolidating and faces hurdles near the $132 zone. SOL price started a decent recovery wave above $126 and $128 against the US Dollar. The price is now trading below $130 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $132 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $130 and $132. Solana Price Faces Resistance…

Valour to Launch Solana ETP on Brazil’s B3 Exchange

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Valour, a subsidiary of publicly listed digital asset company DeFi Technologies, has received approval to launch a Solana exchange-traded product (ETP) in Brazil, offering local investors regulated exposure to one of the largest cryptocurrencies by market capitalization as institutional interest in the region continues to grow. The product, Valour Solana (VSOL), is scheduled to begin trading on Wednesday following approval from Brazil’s main stock exchange, Brasil, Bolsa, Balcão (B3 S.A.), DeFi Technologies announced Tuesday. The Solana (SOL) product will join Valour’s expanding lineup of Brazil-listed ETPs, which already provide exposure…

DeFi Technologies’ subsidiary Valour gains Brazil approval to list Solana ETP on B3

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Key Takeaways Valour has received approval to list its Solana ETP on Brazil’s B3 exchange. Brazilian investors will gain regulated access to Solana through the VSOL product. Share this article Valour, the ETP issuer arm of DeFi Technologies, has secured approval to list its Solana ETP (VSOL) on Brazil’s B3 exchange. Trading begins December 17, 2025, offering BRL-denominated exposure to Solana alongside Bitcoin (BTCV), Ethereum (ETHV), XRP (XRPV), and Sui (VSUI). This expands Valour’s regulated crypto lineup beyond Europe into Latin America’s largest financial market. Brazilian investors can access VSOL…

Solana Under ‘Industrial Scale’ DDoS Attack, Co-Founder Claims

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Solana co-founder Anatoly Yakovenko and several accounts tied to the network’s ecosystem said this week that Solana had been hit by a large distributed denial-of-service attack, with some posts citing traffic that peaked near six terabits per second (Tbps). Yakovenko wrote in a Dec. 9 X post that Solana was under a six Tbps distributed denial-of-service (DDoS) attack. Earlier on Tuesday, Solana Labs co-founder and president Raj Gokal suggested the attack was still ongoing. Cointelegraph was unable to independently verify the attack or its scale. Also on Tuesday, the CEO…

StraitsX to Launch XSGD and XUSD Stablecoins on Solana by 2026

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Singapore-based StraitsX plans to bring its Singapore dollar-backed XSGD and US dollar-backed XUSD to the Solana blockchain by early 2026. The rollout, announced in collaboration with the Solana Foundation, will allow users to settle transactions in Singapore dollar- and US dollar-backed stablecoins using Solana’s high-speed, low-cost infrastructure, the issuer said in a Tuesday blog post. “Launching XSGD and XUSD together on Solana will be game-changing. It unites CEX support, AMM liquidity, lending pools, and everyday payments on a single high-performance chain,” said Tianwei Liu, co-founder and CEO of StraitsX. StraitsX…

MoonPay introduces commerce app for Solana Mobile’s Seeker device

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Key Takeaways MoonPay has launched a commerce app specifically for Solana Mobile’s Seeker device. The MoonPay Commerce app will be available exclusively on the Seeker mobile developed by Solana Mobile. Share this article MoonPay has unveiled its MoonPay Commerce app, built exclusively for the Solana Seeker device, offering users a seamless way to browse online stores and make crypto payments. The app is integrated with MoonPay Commerce and Solana Pay, allowing users to shop with crypto at checkout through Shopify. At launch, the app features a curated directory of brands…

Solana ETFs Buck The Trend With 7-Day Positive Inflow Streak

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Solana (SOL) exchange-traded funds (ETFs) recorded a seven-day inflow streak, despite SOL’s downward price performance and a broader downturn in the crypto market. Tuesday marked the highest day of inflows during the seven-day streak, with about $16.6 million in capital flowing into SOL ETFs, according to data from investment management company Farside Investors. This brings the total net inflow into SOL ETFs to $674 million at the time of this writing, data from Farside shows. SOL ETF inflows. Source: Farside Investors SOL ETFs debuted in the US in July, with…

Figure Targets Solana for Onchain Equity With Second IPO Filing

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Figure Technology, a blockchain-based financial services company focused on tokenized assets and lending, has filed for a second public offering aimed at issuing native equity directly on a public blockchain. The move, which follows the company’s recent Nasdaq listing, is designed to expand decentralized finance (DeFi) use cases on Solana. Speaking at the Solana Breakpoint conference, Figure executive chairman Mike Cagney said the company has submitted a filing with the US Securities and Exchange Commission (SEC) to launch what he described as “a new version of Figure equity on a…

dYdX launches Solana spot trading with zero fees for US users

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Key Takeaways dYdX has launched Solana spot trading with zero fees for US users. The new service allows US-based traders to trade any Solana asset on the platform. Share this article dYdX Labs, the team behind one of the world’s leading decentralized derivatives exchanges, has launched its first spot trading product and opened access to U.S. users for the first time. The initial rollout includes Solana trading, marking a major expansion for the platform known for its perpetual contracts. To attract new users, dYdX is offering zero trading fees throughout…

J.P. Morgan Pioneers US Commercial Paper Issuance on Solana via Coinbase Platform

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Key Takeaways J.P. Morgan issued US commercial paper for Galaxy on Solana, utilizing blockchain and tokenization. The deal leveraged Coinbase’s Crypto-as-a-Service, using USDC for payments and custody. Share this article J.P. Morgan arranged a US commercial paper issuance for Galaxy on Solana today, marking one of the first debt securities issued on a public blockchain in the US. The transaction utilized tokenization, USDC payment rails, and custody services powered by Coinbase’s Crypto-as-a-Service platform. The move represents Wall Street’s application of blockchain technology in capital markets infrastructure. The arrangement could enable…