Source: CoinDesk The launch of Donald Trump’s official memecoin on Solana has not only boosted the cryptocurrency’s price and trading volume, but also perceived odds of a SOL ETF. What to know: The launch of Donald Trump’s official memecoin helped Solana’s price and trading volume surged, helped its total value locked surpass $10 billion for… Continue reading Solana’s TVL Crosses $10B for First Time Since FTX Collapse After TRUMP Memecoin Launch
Tag: Solana
Trump-linked Strive Files for ‘Bitcoin Bond’ ETF
Source: Cointelegraph The fund aims to offer exposure to MicroStrategy’s convertible bonds, among others. Strive, an asset manager founded by Vivek Ramaswamy, asked United States regulators for permission to list an exchange-traded fund (ETF) investing in convertible bonds issued by MicroStrategy and other corporate Bitcoin buyers, according to a Dec. 26 filing. The ETF seeks… Continue reading Trump-linked Strive Files for ‘Bitcoin Bond’ ETF
Travala Expands Crypto Payment Options to Include Solana-Based Tokens
Source: Cryptonews Travala users can now book hotels and flights using Solana’s native token. Travala, a cryptocurrency-based travel booking platform, has expanded its payment options to include major tokens from the Solana blockchain. The announcement was made by Travala CEO Juan Otero on September 21 during the Solana Breakpoint conference in Singapore, according to a… Continue reading Travala Expands Crypto Payment Options to Include Solana-Based Tokens
Web3 Watch: Solana announces second ‘Web3 phone’
Source: Blockworks Plus, Puma’s latest venture into Web3 Over a year after debuting its first so-called “Web3 phone,” Solana unveiled new details about its second attempt at a DeFi-friendly smartphone: the Solana Seeker. Initial reviews of Saga were mixed in 2023, with users complaining about the variety of dapps available and many ultimately deciding the… Continue reading Web3 Watch: Solana announces second ‘Web3 phone’
PayPal’s Stablecoin Hits $1B Market Cap as Incentives Boost Activity on Solana
Source: CoinDesk The payments company’s stablecoin entry was off to a slow start last year on Ethereum, but its recent expansion to the Solana blockchain and DeFi reward programs reignited the token’s growth. PayPal’s PYUSD reached $1 billion in supply, per CoinMarketCap data. The stablecoin benefited from its expansion to the bustling Solana ecosystem, with… Continue reading PayPal’s Stablecoin Hits $1B Market Cap as Incentives Boost Activity on Solana
Hamilton Lane becomes first asset manager to launch a fund on Solana blockchain
Source: Yahoo Finance With over $920 billion in assets under management and supervision, Hamilton Lane is one the world’s largest firms investing in alternative assets. On Tuesday, it announced the launch of a private credit fund on the Solana blockchain. Investors can now access the firm’s Senior Credit Opportunities Fund, or SCOPE, via the network.… Continue reading Hamilton Lane becomes first asset manager to launch a fund on Solana blockchain
Bybit Integrates Solana Blinks: Enhancing User Experience in Web3
Source: CoinTrust Bridging Web2 and Web3: A New Era of Accessibility Bybit, recognized as the world’s second-largest Web3 platform by trading volume, has made significant strides in enhancing user convenience by integrating Solana Blinks into its ecosystem. This move underscores Bybit Web3’s dedication to simplifying user interactions with cryptocurrencies, making them more accessible and user-friendly.… Continue reading Bybit Integrates Solana Blinks: Enhancing User Experience in Web3
21co analyst sees tokenized US treasuries hitting $3 billion by year-end
Source: CryptoSlate According to Wan, the trend is driven by a DeFi projects’ need for diversification and stability, especially as high interest rates make these assets attractive. 21co analyst Tom Wan believes tokenized US treasuries will hit $3 billion by the end of 2024 amid rising adoption among DeFi projects and Decentralized Autonomous Organizations (DAOs).… Continue reading 21co analyst sees tokenized US treasuries hitting $3 billion by year-end
