DeFi Development Just Bought $218M in Solana, but SOL Plunges 4%
TL;DR DeFi Development (DFDV) acquired $218M worth of Solana (1.18M SOL) using equity credit lines, boosting its SOL-per-share metric by 12% amid a 4% price dip.
Solana News (Latest Publications)
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.
Solana Co-Founder Questions Value of NFTs and Memecoins Despite Their Popularity
TL;DR Solana co-founder Anatoly Yakovenko called memecoins and NFTs “digital slop” with zero intrinsic value, triggering accusations of hypocrisy. Memecoins generated 62% of the blockchain’s dApp
Solana Unveils New DeFi Vision Centered on Market Microstructure and Execution
TL;DR Solana unveiled a roadmap to become the base layer for decentralized capital markets, offering precise control over transaction execution. Jito will launch a Block Assembly
Mercurity Fintech Secures $200 Million Credit to Build a Solana (SOL) Treasury
TL;DR Mercurity Fintech agreed to a $200 million credit line with Solana Ventures Ltd. to develop a treasury strategy focused on SOL. The initiative aims to
DeFi Development Unveils International Treasury Platform Built on Solana
TL;DR DeFi Development launches the “DFDV Treasury Accelerator” to build international treasury operations using Solana’s blockchain. The company will hold equity in each regional partner and
Solana’s Real-World Asset Boom: From Stocks to Real Estate
TL;DR Solana’s real-world asset (RWA) sector has surged over 140% this year, driven by tokenized Treasuries, equities, and private credit. Major players like BlackRock, Ondo, and
BIT Mining Announces Strategic Expansion into Solana Ecosystem
TL;DR BIT Mining enters the Solana ecosystem and plans to build a SOL treasury of up to $300M, funded in several phases. The company will convert
SlowMist Uncovers Malicious GitHub Project Targeting Solana Users
TL;DR SlowMist uncovered a fake GitHub repository posing as a Solana trading bot that stole wallet funds using hidden malware in its code. The malicious package,
Jito Foundation Announces Upgrade to Solana’s Fee Distribution Mechanism
TL;DR The Jito Foundation has implemented a live upgrade to its TipRouter program, enabling Solana validators to distribute priority fees directly to their stakers. This development
Strong Start for Solana’s Staking ETF Fuels Spot ETF Speculation
TL;DR Solana’s first staking ETF, SSK, debuted with $12 million in net inflows and $33 million in trading volume, outpacing prior futures ETF launches. Its C-corporation
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