TL;DR Bybit launches bbSOL, the first Liquid Staking Token (LST) developed by a centralized exchange on the Solana blockchain. bbSOL allows staking of SOL tokens on
TL;DR Despite initial concerns about a historic crash, Solana’s transaction volume has stabilized and returned to normal levels. SOL price, after dipping below $126 in August,
TL;DR Binance plans to launch $BNSOL on Solana, highlighting the growing importance of liquid staking in the DeFi economy. $BNSOL will allow users to stake SOL
TL;DR Milestone Achievement: PayPal’s stablecoin, PYUSD, surpassed $1 billion in market capitalization, driven by its expansion to the Solana blockchain. DeFi Incentives: Attractive yield incentives on
TL;DR Bitcoin’s open interest has dropped by 7.5% due to market uncertainties, with BTC trading around $62,300 after a 2.50% decline in the last 24 hours. Altcoins
TL;DR Regulatory Hurdles: Experts doubt the approval of a Solana ETF in the U.S. due to stringent SEC regulations and concerns over market manipulation. Political Influence:
TL;DR New Platform Launch: Solana-based protocol Dumpy.fun is launching squeezy.lol on August 27, 2024, allowing traders to take long positions on heavily shorted memecoins. Squeeze Explorer
TL;DR VanEck is pushing forward with its Solana ETF despite significant regulatory challenges from the SEC, which has been cautious about approving cryptocurrency ETFs due to concerns
TL;DR Mango Markets is considering a settlement with the SEC involving fines, destruction of MNGO tokens, and delisting the token from exchanges. Community support is strong, with
TL;DR Total inflows of $30 million into digital assets, with the Fed less likely to cut rates. Solana saw its largest outflow on record of $39
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