Solana Foundation has partnered with Korean blockchain infrastructure firm Wavebridge to construct a “compliance-ready” KRW-pegged stablecoin. The companions signed an MoU on Tuesday, to create institutional-grade tokenization merchandise. Besides, the purpose is to make stablecoins adopted inside regulated monetary markets. Jongwook Oh, CEO of Wavebridge, stated that the collaboration designs constructions the place a KRW…
During the weekend, all the cryptocurrency market noticed a notable downward transfer, with the price of Solana dropping the $200 mark in a swift and sudden pullback. Nonetheless, this sharp bearish transfer in value didn’t hinder the community’s on-chain exercise, which continues to develop strongly. While Markets Crashed, Solana Network Stood Strong The Solana blockchain…
Solana’s momentum is shifting into overdrive. As the community continues to draw the brightest minds in crypto, Umbra and Arcium have emerged as two of its strongest catalysts. Both tasks have captured the essence of SOL’s revival execution at scale. How Two Projects Are Redefining Solana Core The Solana ecosystem simply witnessed historical past in…
Solana has displayed a powerful efficiency within the crypto market over the previous three months, with its worth seeing a sharp growth from round $160 to as high as $230. However, latest on-chain knowledge exhibits a much less optimistic image beneath the floor. Solana Network Activity On The Decline In a Quicktake submit on the…
Helius is seeking to broaden its Solana treasury to at the least 5% of the cryptocurrency’s provide and contemplating a second itemizing in Hong Kong. Solana Digital Asset Treasury Firm Helius Aiming For At Least 5% Of SOL As reported by Wu Blockchain, NASDAQ-listed Helius Medical Technologies is planning on buying at the least 5%…
Solana is experiencing sharp volatility because the broader crypto market faces rising uncertainty. While some analysts anticipate an expansive transfer throughout the market, others stay cautious, pointing to Bitcoin’s problem in breaking cleanly into value discovery as a possible headwind. Solana, which has rallied strongly in current weeks, now reveals indicators of divergence between its…
Solana (SOL) is flashing a strong bullish setup because it varieties a basic cup and deal with sample on the month-to-month chart. With the 1.618 Fibonacci goal sitting close to $425 and the month-to-month MACD gearing up for a golden cross, momentum is constructing quick. As hypothesis round a possible Solana ETF approval heats up,…
Bitwise Asset Management has up to date its proposed Solana exchange-traded fund (ETF) to explicitly embody “Staking” within the fund’s title and disclosed a 0.20% unitary sponsor charge—one of many lowest headline charges but seen for a US crypto ETF. Bloomberg’s James Seyffart flagged the modification late Wednesday, writing: “NEW: Bitwise recordsdata an replace to…
Solana (SOL) slipped to $221 at press time, down 3.9% within the final 24 hours after failing to carry above $230. The transfer follows a fast retrace from this week’s $238 high and a break under the 100-hour MA close to $225. Near time period, merchants are watching $218–$212 as the primary help band (deeper…
Solana Digital Asset Treasury (DAT) firm Helius is contemplating shopping for at the very least 5% of Solana (SOL), equal to greater than $6 billion. The firm will purchase Solana as soon as it meets market capitalization and regulatory necessities, stated Joseph Chee, who leads the SOL treasury technique. In an interview with Hong Kong…