Solana (SOL) | ForkLog

ForkLog 12 29.07.2024

Suspicions of Scam Surround Neiro Clone Amidst Original’s 5000-Fold Profit

The developer of the meme token Neiro (NEIRO) on the Solana blockchain earned $2.85 million, having invested only 3 SOL ($552) in the coin’s launch. Analysts at Lookonchain highlighted this development. The dev of $Neiro has made 15,508 $SOL($2.85M) with only 3 $SOL($552), a gain of 5,169x!? He spent 3 $SOL($552) to buy 97.5M $Neiro […]

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ForkLog 6 26.07.2024

Solana Surpasses BNB in Market Capitalisation

Amidst the market’s recovery following a correction, the cryptocurrency Solana (SOL) has surged by approximately 6.5% over the past day, allowing it to surpass BNB in terms of capitalisation.

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ForkLog 1 26.07.2024

BlackRock Questions Expansion of Approved Crypto ETFs

BlackRock is confident in the approval of crypto ETFs based on new altcoins in the near future. The obstacles are the SEC’s stance and the “immaturity” of alternatives. A SOL-ETF might not appear before March 2025, contingent on a positive outcome in the US presidential elections in November. Following the launch of spot ETH-ETFs, the […]

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ForkLog 8 24.07.2024

AgriDex Executes First Agricultural Trade on Solana

The Solana-based trading platform AgriDex has completed its inaugural transaction involving agricultural products, as reported by company representatives to CoinDesk. The agreement, which involves the delivery of over 200 bottles of olive oil and several cases of wine from a farm and vineyards in South Africa to London, will be fully concluded upon the delivery […]

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ForkLog 67 24.07.2024

Franklin Templeton Hints at Solana ETF Launch

Asset manager and issuer of spot Bitcoin and Ethereum ETFs, Franklin Templeton, has mentioned Solana as one of the “other exciting and major developments” poised to advance the industry. Besides Bitcoin and Ethereum, there are other exciting and major developments that we believe will drive the crypto space forward. Solana has shown major adoption and […]

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ForkLog 5 22.07.2024

Crypto Investment Inflows Surpass $3 Billion Since July

Inflows into cryptocurrency investment products from July 13 to 19 amounted to $1.35 billion, compared to $1.44 billion the previous week. Since the beginning of July, the figure has reached $3.24 billion, according to CoinShares. Data: CoinShares. Trading volume for ETP surged by 45% to $12.9 billion. Clients added $1.27 billion to bitcoin-related products, compared […]

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ForkLog 7 22.07.2024

Expert Predicts Launch of ETF Based on BTC, ETH, and SOL Basket

Applications for ETFs combining Bitcoin, Ethereum, and Solana are expected to emerge in the coming months, according to Nate Geraci, president of The ETF Store. Prediction… An ETF issuer will file for combined spot btc, eth, & sol ETF in next few months. We’re quickly heading down path towards index-based & actively managed crypto ETFs. […]

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ForkLog 9 09.07.2024

PYUSD Market Capitalisation Surpasses $500 Million Following Solana Integration

The total market capitalisation of PayPal USD (PYUSD) stablecoins has exceeded $500 million, according to DeFi Llama. This milestone was achieved following the addition of support for Solana. Over the past month, the figure has risen from $270 million to over $531.9 million. The increase in PYUSD supply followed its expansion to the Solana network […]

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ForkLog 7 09.07.2024

Experts Predict Launch Dates for Spot Ethereum and Solana ETFs

The launch of ETH-ETF is expected between July 15-18. The SOL-ETF could launch in mid-March 2025, contingent on the outcome of the U.S. presidential election. On July 15, the SEC is anticipated to approve the listing of Ethereum-based exchange-traded funds, suggested Nate Geraci, president of The ETF Store. Wen spot eth ETF? BBG sticking w/ […]

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ForkLog 6 08.07.2024

Investors Capitalize on Market Correction to Strengthen Positions in Crypto Funds

Inflows into cryptocurrency investment products amounted to $441 million from June 29 to July 5, following an outflow of $30 million the previous week, according to calculations by CoinShares. Data: CoinShares. Analysts noted a resurgence in buying activity, triggered by weak prices amid concerns over coin sales by German authorities and the commencement of bitcoin […]

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ForkLog 15 08.07.2024

Solana Allocates $1 Million for Bug Bounty in Firedancer Client

The Solana blockchain team will distribute $1 million among users who find bugs in the first version of the Firedancer client for validators. Announced by an anonymous developer under the pseudonym Cantelope Peel and supported by Immunefi, the program begins on July 10 and will last six weeks. To receive a reward, participants must complete […]

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ForkLog 12 03.07.2024

VanEck Ties Solana-ETF Launch to US Election Outcomes

Matthew Sigel, Head of Digital Asset Research at VanEck, opined that the prospects for launching a spot ETF based on Solana largely hinge on the outcome of the upcoming US presidential elections and whether Gary Gensler remains at the helm of the SEC. This was reported by Decrypt.

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