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#Solana (SOL)

Latest news and articles on the Solana blockchain. Expert analysis and forecasts on the SOL cryptocurrency price.

SEC to Reject Two Solana-ETF Applications, Reports Suggest
ForkLog 8 06.12.2024

SEC to Reject Two Solana-ETF Applications, Reports Suggest

The SEC has informed at least two of the five issuers of spot Solana-ETFs that it intends to reject their 19b-4 forms, according to Fox Business journalist Eleanor Terrett. ?SCOOP: I’ve confirmed that the @SECGov has notified at least two of the five prospective issuers that it will reject their 19b4 filings for the $SOL […]
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Solana's Co-Founder Highlights Network Benefits from Meme Coins
ForkLog 5 06.12.2024

Solana’s Co-Founder Highlights Network Benefits from Meme Coins

The surge in popularity of meme tokens on Solana has resulted in a stress test of the network aimed at enhancing its resilience. This was stated by the project’s co-founder Anatoly Yakovenko, reports The Block. During a discussion on stage at the Emergence conference in Prague, the entrepreneur joked: “Blessed are the meme coin traders, […]
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Justin Drake: Solana Will Not Overtake Ethereum
ForkLog 20 05.12.2024

Justin Drake: Solana Will Not Overtake Ethereum

Initially conceived as a “killer” of the second-largest cryptocurrency by market capitalization, the Solana network does not pose a threat to Ethereum and is not even a direct competitor. This view was shared by one of Ethereum’s core developers, Justin Drake, in an interview with CoinDesk. According to him, competing with specialized networks in terms […]
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Hackers Exploit Solana Developers via JavaScript Library Compromise
ForkLog 35 04.12.2024

Hackers Exploit Solana Developers via JavaScript Library Compromise

Malefactors have breached the JavaScript library @solana/web3.js, a crucial tool for developers building decentralized applications on the Solana blockchain, according to analysts at Anza. Earlier today, a publish-access account was compromised for @solana/web3.js, a JavaScript library that is commonly used by Solana dapps. This allowed an attacker to publish unauthorized and malicious packages that were […]
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Pump.fun's Monthly Revenue Hits $93 Million
ForkLog 53 03.12.2024

Pump.fun’s Monthly Revenue Hits $93 Million

The Solana-based platform for launching and trading meme tokens, Pump.fun, achieved a record revenue of $93 million in November, according to data from DeFi Llama.
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Solana's DEX Monthly Turnover Surpasses $100 Billion
ForkLog 11 26.11.2024

Solana’s DEX Monthly Turnover Surpasses $100 Billion

In November, the trading volume on decentralized exchanges (DEX) within the Solana network reached a record $109.8 billion. By comparison, Ethereum’s figure is nearly half at $55.3 billion, according to DeFi Llama. Data: DeFi Llama. In October, Solana’s DEX turnover was $52.9 billion. In November, the metric exceeded this value by 107.6%. The previous monthly […]
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Experts Anticipate Solana ETF Launch by 2025's End
ForkLog 59 25.11.2024

Experts Anticipate Solana ETF Launch by 2025’s End

The United States’ crypto-friendly policies and the success of Bitcoin and Ethereum-based exchange-traded funds (ETFs) suggest that spot Solana ETFs may emerge within the next year, according to The Block CEO of Two Prime Digital Assets, Alexander Blum. “[Major issuers] wouldn’t spend time and money if they weren’t confident of success. […] Access for institutions […]
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Solana Reaches All-Time High Amid Four SOL-ETF Listing Applications
ForkLog 60 22.11.2024

Solana Reaches All-Time High Amid Four SOL-ETF Listing Applications

The Chicago Board Options Exchange (CBOE) has submitted 19b-4 forms for four applications to launch spot Solana-ETFs. The relevant documents have been filed with the SEC.  In total @CBOE just filed for 4 Solana ETFs. One for @vaneck_us, @21Shares, @CanaryFunds and @BitwiseInvest. The ball is in SEC’s court now. pic.twitter.com/ga5B7HaR4M — James Seyffart (@JSeyff) November […]
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Trader Achieves 1,925-Fold Profit with ELIZA Token in Two Hours
ForkLog 10 19.11.2024

Trader Achieves 1,925-Fold Profit with ELIZA Token in Two Hours

A user earned $3.67 million within two hours by trading the ELIZA token, as noted by analysts at Lookonchain. Turned $1.9K into $3.67M in just 2 hours, a 1,925x return! This trader spent 7.84 $SOL($1.9K) to buy 89.19M $ELIZA, then sold 49.49M $ELIZA for 7,091 $SOL($1.72M), leaving 39.7M $ELIZA($1.95M). The trader is still actively selling […]
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Record Daily Fees Propel Solana to December 2021 Highs
ForkLog 8 18.11.2024

Record Daily Fees Propel Solana to December 2021 Highs

On the morning of November 18, Solana’s price surged past $245, a level last seen in December 2021. This was driven by the network’s highest-ever fees, totaling $9.3 million. Dynamics of TVL and fees in Solana. Data: DeFi Llama. The surge in network activity was fueled by renewed interest in memecoins. On November 17, crypto […]
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VanEck Predicts High Likelihood of Solana-ETF Approval by 2025
ForkLog 7 17.11.2024

VanEck Predicts High Likelihood of Solana-ETF Approval by 2025

The U.S. Securities and Exchange Commission (SEC) is expected to approve spot Solana-ETFs by the end of 2025, according to Matthew Sigel, head of digital asset research at VanEck, in a comment to the Financial Times. “I think the chances of Solana-ETF approval by the end of next year are extremely high,” he said. Sigel […]
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Phantom Wallet Update Causes Token Access Issues for Some Users
ForkLog 15 14.11.2024

Phantom Wallet Update Causes Token Access Issues for Some Users

A recent update to the non-custodial Phantom wallet for Solana resulted in app resets on iOS devices. Developers have cautioned that they cannot assist in recovering funds for those who have not backed up their seed phrases. We’re aware that a small number of iOS users are experiencing app resets. If you happen to be […]
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