Brian Kelly Predicts Solana Next for Spot ETF Approval
Brian Kelly predicts Solana could be the next cryptocurrency to receive US spot ETF approval. Brian Kelly, a renowned CNBC contributor, recently speculated that Solana (SOL), a prominent altcoin, might be the next cryptocurrency to be approved for a spot exchange-traded fund (ETF) in the United States. Kelly anticipates that such approval will ultimately occur. […]
Solana to Surpass All-Time High Despite Activity Decline
The total value locked in Solana saw a 30% decline, but there is still a potential for the blockchain to reach new heights soon. DefiLlama reports that in April, the value of decentralized applications decreased by $10 billion. Furthermore, as of this writing, the Solana blockchain’s total value locked (TVL) is just $3.8 billion, down […]
Solflare Draws in 500K MetaMask Users to Solana
Solflare integrates MetaMask Solana Snaps, attracting over 500K users to directly manage Solana assets via MetaMask, eliminating network separation. Solflare has effectively migrated more than 500,000 MetaMask users to Solana by implementing a strategic integration known as MetaMask Solana Snaps. The integration, officially declared in late 2023, eliminates the barrier between Solana and other blockchain […]
Trader Gets $23M Reward Trading Solana Memecoins
A temecoin trader cashed out $6.28M trading BONK, $9.51M trading WIF, and $7.04M from BODEN Solana meme-themed tokens. Lookonchain, a firm that analyzes blockchain technology, identified the activities of a trader using the Solana Name Service account “paulo.sol” on April 26. Beamdog (WIF), Jeo Boden (BODEN), and Bonk (BONK) meme tokens generated profits for the […]
FTX to Auction Off Remaining Solana (SOL) Tokens
The remaining Solana (SOL) tokens that the now-defunct cryptocurrency exchange FTX holds are intended to be put up for auction. According to insiders who spoke with Bloomberg, a “blind auction” with a deadline of April 24 is scheduled for this week. The next day is when the outcome is expected to be revealed. This comes […]