Browsing: Solana

Circle has announced the issuance of 750 million USDC on the Solana network. This move is part of Circle’s ongoing initiative to expand the availability of its stablecoin. USDC, a widely used digital dollar, aims… (via Bpaynews real-time desk)

The cryptocurrency market is known for its volatility, and one digital asset that has captured the attention of many investors and traders is Solana (SOL). Launched in March 2020, Solana has been characterized by its… (via Bpaynews real-time desk)

Solana ETFs Outperform Bitcoin: Is SOL Siphoning BTC Liquidity? In a surprising twist in the cryptocurrency market, Solana-based Exchange Traded Funds (ETFs) have been significantly outperforming their Bitcoin counterparts. This emerging trend raises the question:… (via Bpaynews real-time desk)

Solana Ecosystem Meme Coin A meme coin within the Solana ecosystem has seen its market capitalization exceed $40 million, marking a new all-time high following a 24-hour increase of 37.7%. The recent surge highlights the… (via Bpaynews real-time desk)

Solana infrastructure startup Harmonic, a startup focused on Solana infrastructure, has successfully raised $6 million in a seed funding round. The investment was led by Paradigm. The funding will enable Harmonic to further develop its… (via Bpaynews real-time desk)

Solana Company’s Board of Directors has approved a common stock repurchase plan valued at $100 million. This decision reflects the board’s strategy to enhance shareholder value. The repurchase plan allows the company to buy back… (via Bpaynews real-time desk)

Grayscale has declared that it will impose no management fees on its Solana Trust until the fund’s assets under management reach $1 billion. This decision is part of Grayscale’s strategy to attract investors and grow… (via Bpaynews real-time desk)

Iggy Azalea Expands into Blockchain, Becomes Creative Director for Celebrity-Focused Token Launchpad on Solana The blockchain and cryptocurrency sectors have just gained a high-profile advocate from the music industry. Iggy Azalea, the Australian rapper renowned… (via Bpaynews real-time desk)

Solana Ecosystem Meme Coin A meme coin within the Solana ecosystem has surpassed a market capitalization of $30 million and achieved an all-time high. This development highlights the growing interest and investment in meme coins… (via Bpaynews real-time desk)

Solana is currently trading at $155.43, reflecting a 3.4% decline. The Relative Strength Index (RSI) has reached oversold levels at 29.52, indicating potential buying opportunities. This decline coincides with the price testing critical technical support… (via Bpaynews real-time desk)