Solana (SOL) | ForkLog

ForkLog 9 01.07.2024

Ethereum Fund Outflows Extend Downward Trend in Crypto Investments

Cryptocurrency investment products experienced an outflow of $30 million from June 22 to June 28, following a $584 million outflow the previous week, according to calculations by CoinShares. This negative trend continued for the third consecutive week, driven by the largest withdrawal from Ethereum funds since August 2023, amounting to $61 million. Data: CoinShares. The […]

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ForkLog 16 28.06.2024

21Shares Seeks SEC Approval for Solana ETF

Swiss firm 21Shares has submitted an application to the U.S. Securities and Exchange Commission (SEC) using Form S-1 to register an exchange-traded fund (ETF) based on the cryptocurrency Solana (SOL). The product is expected to be listed on the Cboe BZX platform, though the ticker remains unspecified. Coinbase Custody Trust Company will serve as the […]

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ForkLog 5 28.06.2024

GSR Evaluates Solana’s Growth Potential with Possible ETF Launch

Solana’s value could increase by 1.4 to 8.9 times if spot exchange-traded funds based on the cryptocurrency are approved in the United States. These estimates were presented by market maker GSR. “Changes are already happening because Donald Trump has once again started supporting the industry. This has forced Democrats to soften their stance on digital […]

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ForkLog 15 27.06.2024

VanEck Files for Solana ETF, Boosting SOL Price

Investment firm VanEck has submitted a SEC application to register an exchange-traded fund based on the cryptocurrency Solana (SOL). According to the application, the VanEck Solana Trust will track the performance of the network’s native token using the Solana Benchmark Rate index from MarketVector Indexes. This benchmark represents aggregated data from five leading centralized trading […]

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ForkLog 18 27.06.2024

Zeta Markets on Solana to Distribute 100 Million Tokens in Airdrop

The decentralized crypto derivatives exchange Zeta Markets, built on Solana, has initiated an airdrop of 100 million governance tokens, ZEX (formerly known as Z). The $ZEX Claim is Live! Claim your airdrop at https://t.co/MDMvOn4mjo. Welcome to the future of decentralized trading. pic.twitter.com/it7ZyVOvdu — Zeta Markets (@ZetaMarkets) June 27, 2024 The initiative aims to reward early […]

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ForkLog 10 27.06.2024

Pump.fun’s Meme Token Factory Revenue Drops by 30%

The daily commission volume on the Solana-based meme token launch platform Pump.fun has decreased by 30%, as noted by The Block. During the workweek from June 10 to 14, the platform’s average daily income was approximately $870,000. This figure has fallen to $605,000 in the current five-day period. Data: The Block. Experts from the publication […]

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ForkLog 10 26.06.2024

Solana Foundation Unveils Tools for Cryptocurrency Payment Integration

The Solana Foundation has launched tools enabling any website or application to become a gateway for cryptocurrency payments and other blockchain operations. Solana Foundation Head of Ecosystem Engineering @jnwng on Solana Actions and blinks https://t.co/0dTdPHbf56 — Solana Foundation (@SolanaFndn) June 25, 2024 The Solana Actions solution is a set of API that allows blockchain transactions […]

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ForkLog 58 25.06.2024

DEX Screener Launches Rival to Pump.fun

The cryptocurrency data platform DEX Screener has unveiled a new platform for creating meme coins, positioning itself as a competitor to Pump.fun, according to The Block. Moonshot offers users the ability to launch their own meme tokens on Solana at a cost of approximately 0.02 SOL, mirroring its competitor. Users need to create a name, […]

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ForkLog 12 25.06.2024

Trader Nets $2.9 Million in 20 Minutes on Meme Coin WATER

On June 24, the meme token WaterCoin (WATER) was listed on the Jupiter and Raydium exchanges. Immediately after trading commenced, the coin’s price surged by 83%. Analysts from Lookonchain noted that some users have already made millions from this. Someone made 22,379 $SOL($2.9M) on $WATER in less than 20 minutes! This guy created a new […]

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ForkLog 6 21.06.2024

3iQ Seeks Approval for Canada’s First Solana ETF

Digital asset manager 3iQ has filed for the registration of Canada’s first Solana ETF, offering staking rewards of 6-8% annually. 3iQ Corp. is pleased to announce that we have submitted a preliminary prospectus for The Solana Fund (QSOL) in Canada in relation to an initial public offering. This continues our track record of innovation, and […]

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ForkLog 81 17.06.2024

Solana MEV Bot Amasses $30 Million in Two Months

A well-known MEV bot on the Solana network has amassed approximately $30 million in two months through arbitrage “sandwich attacks.” Over the past 1-2 months, arsc, the infamous sandwich bot on Solana, has pocketed over $30 million ?! Their profits are largely sitting in the following two wallets:? pic.twitter.com/N1JavgScC7 — Ben (@HypoNyms) June 15, 2024 […]

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ForkLog 23 11.06.2024

Majority of Blocked Solana Validators Were Russian, Reports Suggest

Over the weekend, the Solana network removed 32 validators from its delegation program for participating in “sandwich attacks”. According to CoinDesk, citing sources, most of the blocked operators were Russian citizens. They remain validators in the network but have lost the right to receive rewards for verifying transactions on the Solana blockchain. They also face […]

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