Search Results for: Solana

May 21, 2025 @ 5:18 pm By Omar Faridi  |  

Chainlink, the so-called “backbone” of blockchain, announced that Chainlink’s Cross-Chain Interopability Protocol (CCIP) is officially live on Solana Mainnet—the non-EVM chain to feature CCIP’s v1.6 upgrade. CCIP is the standard for cross-chain interoperability, “supporting 57+ blockchains and enabling the secure transfer of value and data… Read More

May 16, 2025 @ 12:23 pm By Omar Faridi  |  

Sygnum, a global digital asset banking group, announced the expansion of its credit offerings by adding staked Solana (SOL) as eligible collateral for its Swiss Franc, Euro, Singapore dollar, and US dollar-denominated Lombard loans. This allows Sygnum clients to unlock liquidity “from their staked Solana… Read More

May 10, 2025 @ 10:25 am By Omar Faridi  |  

SOL Strategies Inc., a Canadian company building infrastructure for the Solana ecosystem, announced that it signed a non-binding memorandum of understanding (MoU) with Superstate, a technology firm focused on modernizing capital markets through blockchain infrastructure. Pursuant to the MoU, the company and Superstate will explore… Read More

May 4, 2025 @ 9:59 pm By Omar Faridi  |  

BitGo, the digital asset qualified custodian and staking provider, is pleased to announce SOL Strategies, Inc., as its Solana validator partner. This latest partnership strengthens Solana’s institutional staking services, combining BitGo’s security with SOL Strategies technical expertise. Founded in 2013, BitGo says it has been… Read More

April 27, 2025 @ 10:11 pm By Omar Faridi  |  

Loopscale, a so-called decentralized finance (DeFi) protocol operating on the Solana blockchain, fell victim to a significant security breach, resulting in a loss of approximately $5.8 million. This amount represents 12% of the platform’s total value locked (TVL), which stood at around $40 million prior… Read More

April 26, 2025 @ 4:34 am By Omar Faridi  |  

DeFi Development Company, recently rebranded from Janover and dubbed the “MSTR of Solana,” has submitted a $1 billion shelf offering to the U.S. Securities and Exchange Commission (SEC), according to a filing disclosed on Friday. This strategic move underscores the company’s growing alignment with the… Read More

April 25, 2025 @ 12:46 pm By Michael Wong  |  

RockawayX, an early investor in Solana, has announced raising $125 million for its second early-stage crypto venture fund, closing the oversubscribed round in the first quarter of 2025. The global digital asset investment firm, which manages about $2 billion in assets, attributed the strong demand… Read More

April 24, 2025 @ 11:07 am By Omar Faridi  |  

Galaxy Digital (TSX: GLXY) recently traded $106 million worth of Ethereum (ETH) for Solana (SOL) tokens. According to blockchain analytics platform Lookonchain, this transaction unfolded over two weeks through Binance. The swap comes at a time when Ethereum faces significant challenges, including a historically low… Read More

April 20, 2025 @ 7:19 pm By Tony Zerucha  |  

Another milestone for tokenized real-world assets, gold-backed assets surging, a Canadian Solana ETF approval, and increased acceptance of cryptocurrency payments are among the DeFi topics that caught the experts’ attention this week. Tokenized RWAs cross $20B threshold “The tokenized RWA market crossing $20 billion in… Read More

April 15, 2025 @ 5:01 pm By Tony Zerucha  |  

From Meta’s collaboration with China to Ethereum’s falling value and AI agents, Web3 industry executives had plenty on their minds this week. How AI agents can help Web3 “DefAI-related tokens are some of the worst performers year-to-date with a 91% drop, while tokens in the… Read More

April 8, 2025 @ 2:40 pm By Omar Faridi  |  

SOL Strategies Inc., a Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, released its March 2025 operational update. Leah Wald, CEO, stated: “March represented a significant month for SOL Strategies, marked by our strategic acquisition of Laine’s validator network… Read More

March 25, 2025 @ 8:57 pm By Omar Faridi  |  

Reap, a global financial technology provider, has announced a shift in its stablecoin treasury management, transitioning “primarily” to the Solana blockchain. This move aligns with the momentum around PayFi on Solana, which seeks to bridge real-world payments with “on-chain finance through blockchain technology.” By leveraging… Read More

March 10, 2025 @ 10:14 pm By Omar Faridi  |  

Sol Strategies Inc. (formerly Cypherpunk Holdings Inc.), a Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, has made additional “strategic purchases of SOL as part of its ongoing growth initiatives.” During the week ending March 7, 2025, Sol Strategies… Read More

March 5, 2025 @ 4:22 pm By Omar Faridi  |  

Coin Metrics noted that the Solana blockchain has emerged as a key player in the web3 and crypto ecosystem, due to its relatively high throughput, fairly low transaction costs, and a fast-growing ecosystem (although a lot of activity centers around speculative trading and meme coins)…. Read More

March 2, 2025 @ 5:28 pm By Omar Faridi  |  

CME Group, the world’s derivatives marketplace, announced plans to launch Solana (SOL) futures on March 17, pending regulatory review. Market participants will have the choice to trade both “a micro-sized contract (25 SOL) and a larger-sized contract (500 SOL).” Giovanni Vicioso, Global Head of Cryptocurrency… Read More

February 26, 2025 @ 8:23 am By Omar Faridi  |  

Global Dollar Network, an open network designed to accelerate and reward global stablecoin adoption, announced that Global Dollar (USDG) is now available on the Solana blockchain. This expansion reportedly brings the benefits of a stablecoin that offers “fast, low-cost, 24/7 transactions and reward-sharing for network… Read More

January 31, 2025 @ 12:28 pm By Omar Faridi  |  

OKX has released a comprehensive report, “The State of DEXs 2025,” which provides an in-depth analysis of the evolving decentralized exchange (DEX) landscape and its role in shaping the on-chain economy. The report highlights the rapid growth of DEXs, driven by innovation, accessibility, and decentralization…. Read More

January 27, 2025 @ 4:05 pm By Omar Faridi  |  

Jupiter, a Solana-based decentralized exchange aggregator, has made a significant move by acquiring a majority stake in Moonshot, an app that enables users to purchase memecoins using Apple Pay. This acquisition is a strategic step for Jupiter as it expands its ecosystem to cater to… Read More

January 19, 2025 @ 10:14 am By Omar Faridi  |  

Sol Strategies Inc., a Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, is announcing the launch of its new mobile application from Orangefin Ventures LLC, a recent acquisition and provider of non-custodial staking solutions known for performance and security…. Read More

January 8, 2025 @ 9:59 pm By Omar Faridi  |  

Sol Strategies Inc., a Canadian holding company that invests in the Solana blockchain and ecosystem, announced that it has drawn from its amended credit facility agreement dated January 6, 2025 with Antanas Guoga, the company’s Chairman and Director. The agreement, which amended and restated the… Read More