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SOLANA

Uphold CEO calls memecoin explosion a troubling trend that 'devalues' crypto

Uphold CEO Simon McLoughlin critiques the excessive creation of memecoins, noting the launch of their curated Meme Basket for investing in selected tokens amidst concerns over the crypto market's integrity.

theblock.co • 04/09/2024 - 17:51 PM

Binance reveals details of upcoming Solana liquid staking token

Binance will launch a Solana staking product, BNSOL, enabling liquidity and rewards without locking assets, aiming to enhance its DeFi participation.

theblock.co • 03/09/2024 - 20:40 PM

Global crypto investment products see $305 million in weekly outflows: CoinShares

Global crypto funds faced $305 million in outflows last week due to negative sentiment driven by U.S. economic data, particularly impacting Bitcoin and Ethereum investments.

theblock.co • 02/09/2024 - 09:50 AM

Real Madrid star Kylian Mbappé's X account apparently hacked to promote token launched via pump.fun

Kylian Mbappé's X account was hacked to promote a fraudulent crypto token, MBAPPE, causing a market cap surge and bizarre posts amid increasing celebrity social media hacks.

theblock.co • 29/08/2024 - 13:54 PM

Renzo expands REZ governance token to Solana via Wormhole

Renzo Protocol has launched its governance token REZ on Solana, enhancing blockchain presence through secure cross-chain transfers via Wormhole, while ensuring integration with decentralized finance and community incentives.

theblock.co • 28/08/2024 - 18:30 PM

Solana restaking protocol Solayer reaches $80 million valuation with $12 million seed round

Solayer Labs raised $12 million in seed funding to enhance its Solana restaking protocol and plans to expand its team and launch a native token.

theblock.co • 27/08/2024 - 18:00 PM

Solana Optimistic Network raises funds in a 'cobuilder' round without participation from VC firms

SOON raises funds for building a high throughput rollup stack, enhancing scalability for decentralized applications while uniting Solana's power with liquidity from other L1 blockchains.

theblock.co • 27/08/2024 - 13:00 PM

Solana daily transaction fees drop to multi-month low as memecoin hype cools

Solana's daily transaction fees and memecoin trading have significantly declined, indicating reduced network activity and cooling hype around memecoins, mirroring trends seen in past crypto cycles.

theblock.co • 26/08/2024 - 11:35 AM

SOLANA

Tron's Sundog token jumps 25% amid SunPump memecoin generator hype

Sundog token surged 25% as SunPump, a new memecoin generator, launched. Tron founder Justin Sun predicts significant revenue growth for Tron in the coming year.

theblock.co • 21/08/2024 - 18:56 PM

SOLANA

The SEC rejected Cboe’s 19b-4 filings for Solana ETFs: Source

The SEC has rejected Cboe BZX's filings for two Solana ETFs, heightening concerns about Solana as a security, while issuers consider reapplying with stronger arguments.

theblock.co • 20/08/2024 - 08:46 AM

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