Liquid Staking Revolution: Binance Prepares to Launch $BNSOL on Solana
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
Solana (Latest Publications)
PayPal’s PYUSD Breaks $1 Billion Mark—Solana Expansion Sparks Growth
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
Bitcoin Open Interest Drops, but Altcoins Like Ethereum and Solana Stand Firm
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
Expert Says That a Solana ETF Has ‘A Snowball’s Chance in Hell of Approval Unless There’s Change in Leadership’
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:
Solana’s Shorting Protocol Goes Long: Introducing “squeezy.lol” for High-Stakes Memecoins Trading
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
VanEck Defies the SEC: Solana ETF Pushes Ahead Despite Regulatory Roadblocks
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
End of Mango Markets? SEC Settlement Includes Fines and Token Elimination
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
Solana Faces Massive $39M Outflows, Ethereum Inflows Stagnate Amid Market Jitters
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
Pump.Fun on Solana Nears $100M Revenue Milestone with Over 1.8M Memecoins Deployed
TL;DR Revenue Milestone: Pump.Fun, a memecoin generator on Solana, is nearing $100 million in cumulative revenue, currently at $94.5 million, up from $50 million in June.
Renzo Protocol Debuts $ezSOL: Solana’s First Liquid Restaking Token on Jito Network
TL;DR Renzo, an Ethereum-based liquid restaking protocol, will launch ezSOL, its first liquid restaking token on Solana, through a collaboration with the Jito Foundation. ezSOL will
Ads
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
