Tag: Solana
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7 Solana ETFs Advance; DeFi Development Corp Prepares to Buy More SOL for Treasury
Solana ETFs advance as seven issuers update filings with staking provisions. DeFi Development Corp secures $5B credit line to buy more SOL, signaling strong institutional interest despite recent price dip.
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Solana Approaches Critical Support Amid Middle East Conflicts – Can Demand Hold?
Solana (SOL) faces selling pressure amid Middle East tensions, dropping 15% since June 11. Analysts watch a key demand zone; a breakdown could lead to deeper losses if global risks persist.
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Invesco and Galaxy chase Solana ETF dream with Delaware trust registration
Invesco and Galaxy Digital registered a Solana ETF trust in Delaware, signaling potential SEC approval. The ETF could launch by 2025, with possible staking features, though demand may lag behind Bitcoin ETFs.
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Cardano considers offloading $100M ADA to jumpstart lagging DeFi and stablecoin ecosystem
Cardano founder Charles Hoskinson proposes converting $100M ADA from treasury into stablecoins and Bitcoin to boost DeFi and stablecoin adoption, addressing ecosystem weaknesses.
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Solana Ecosystem Heats Up: New Layer 2 Solutions and Institutional Interest Driving SOL’s Growth News ETHNews
Solana’s ecosystem is growing with new Layer 2 solutions like Solaxy and increased institutional interest, including a potential Nasdaq listing. SOL’s price potential remains strong despite recent dips.
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Solana-Linked $1 Billion DeFi Dream Crushed By SEC Intervention
DeFi Development Corp. withdrew its $1 billion SEC filing after missing a required internal controls report. The funds were intended for Solana token purchases. The company plans to refile after addressing the issue.
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Solana Bubble Maps Turn Neutral – Is This The Setup For A SOL Summer Rally?
Solana (SOL) shows signs of a potential rally with cooling Bubble Maps, ETF speculation, and bullish technical patterns. Analysts suggest a breakout above $200 could trigger significant gains.
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Solana Forms Higher Low: Charging Toward Range Highs?
Solana shows bullish momentum, holding above $150 with a higher low formation. Analysts suggest potential for breaking resistance if BTC and ETH continue upward, signaling a possible altcoin rally.
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Nasdaq Includes XRP, Stellar (XLM), Solana (SOL) and Cardano (ADA) in Firm’s Crypto Index – The Daily Hodl
Nasdaq updated its crypto index to include XRP, XLM, SOL, and ADA alongside BTC and ETH. Hashdex’s ETF tracks the index but is limited to BTC and ETH due to SEC restrictions, risking tracking errors.