Solana ETFs Record Consecutive Inflows as Demand Surges to $400M
TL;DR: Solana ETFs have attracted over $400M in total inflows, extending a multi-week streak. Institutional investors see SOL as a leading alternative to Bitcoin and Ethereum.
Solana is a layer 1 blockchain platform whose main goal is to compete with Ethereum‘s network. Improving scalability and reducing gas fees.
Solana aims to boost the development of new applications, offering an environment with greater scalability and higher transaction speeds, which would make it a blockchain accessible to everyone.
SOL, the native token of the Solana blockchain, has seen significant growth during 2021, capturing the attention of the entire investment community.
In this section, you will find the latest news about Solana and SOL.
TL;DR: Solana ETFs have attracted over $400M in total inflows, extending a multi-week streak. Institutional investors see SOL as a leading alternative to Bitcoin and Ethereum.
TL;DR: SOL fell 4% ahead of Solanaās Q3 earnings. Key support is $153-$155; a breach may trigger further decline toward $145. Positive earnings or ecosystem growth
TL;DR Active Solana addresses dropped to 3.3 million, marking the lowest point in the past 12 months, largely tied to fading memecoin enthusiasm. Memecoin trading volume
TL;DR Solana Company will tokenize its fund shares on Superstate’s platform. Tokenized shares remain SEC-registered and retain investor protection rules. A recent $500 million private investment
TL;DR: MET token rises nearly 30%, reclaiming $0.51 as post-airdrop slump fades. Meteora generates $1.12B in annualized fees, approaching Uniswap’s multi-chain performance. Weekly volumes exceed $5B;
TLDR Net income hits historic highs by reversing previous losses, supported by a $78 million unrealized gain on crypto assets. The company secures credit lines and
TL;DR: Heliumās Q3 annualized revenue reached $18.3M, with HNT rising 7.8%. Network growth and migration to Solana boosted adoption and scalability. The project strengthened its position
TLDR The FTX estate releases 193,000 SOL tokens as part of its scheduled monthly liquidation program. Solana’s price shows resilience in the $157.90 zone despite recording
TL;DR Spot SOL ETFs in the US recorded their tenth consecutive day of net inflows on Monday. The funds have accumulated a total of $342.48 million
TL;DR Rothschild Investment and PNC Financial disclosed holdings in Solana ETFs, joining a growing list of traditional players. Solana ETFs, like Bitwise’s (BSOL), attracted over $126
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