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.
SOL (Latest Publications)
This Week’s Crypto Calendar: $389M+ in Token Unlocks, with LAYER, ENA, and SOL at the Forefront
TL;DR Token unlocks exceeding $389 million are expected this week, potentially impacting market liquidity and short-term volatility. LAYER, ENA, and SOL are among the most significant
Mike Novogratz Makes His Mark: $100M ETH-to-SOL Swap Sets a Trend
TL;DR Galaxy Digital swapped $100M worth of ETH (65,600 ETH) for 752,240 SOL tokens, marking a strategic pivot amid market volatility. The high-stakes move helps reduce
Beyond Yes or No: Galaxy Research’s Vision for Solana’s Future
TL;DR Introducing MESA: Galaxy Research proposes a novel voting system called MESA that lets Solana validators vote on a range of deflation rate options instead of
Strategic Acquisition Boosts Sol Strategies’ Staked SOL
TL;DR Validator Network Expansion: Sol Strategies nearly doubled its staked SOL, reaching 3.3 million, by acquiring Laine and adding 1.5 million delegated SOL to its existing
Solana Co-Founder Opposes U.S. Crypto Reserve—Here’s Why
TL;DR Solana’s co-founder, Anatoly Yakovenko, opposes a U.S. crypto reserve, arguing it would centralize control and undermine crypto’s core principle of decentralization. Yakovenko proposes state-level control
Franklin Templeton Registers Solana Trust, Signaling ETF Intentions- But SOL Falls
TL;DR Franklin Templeton has registered the “Franklin Solana Trust” in Delaware, signaling potential entry into the Solana spot ETF market. The move aligns with industry trends
Bloodbath in Crypto! Major Coins Crash as Panic Spreads: Bitcoin Falls Below $95k
TL;DR The crypto market has experienced a severe downturn, with Bitcoin falling below $95,000, triggering widespread liquidations and significant losses across the market. Major altcoins like
Fed’s Hawkish Tone Triggers Crypto Market Crash: Altcoins Suffer Massive Losses
TL;DR The crypto market experienced a significant downturn following the Federal Reserve’s recent hawkish stance on monetary policy, leading to substantial declines in Bitcoin and major
Solana Hits New All-Time High Amid Market Frenzy!
TL;DR Solana (SOL) reached a new all-time high of $263.70 on November 22, 2024, marking a significant recovery from its low of just above $10 in
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