SOL


Markets

Solana's Rally Marshalled by Buyers From Coinbase, Data Shows

SOL has gained over 50% in two weeks with buyers from Coinbase playing a major role in powering the cryptocurrency higher.

(Alpha Photo/Flickr)

Markets

Solana Is Down 15% Since Hitting a 14-Month High. Is the Rally Over?

The token is up more than four-fold in 2023 after starting the year at around $10.

Solana price on Nov. 2 (CoinDesk)

Markets

Solana Surges to 14-Month High; Sell Pressure Lingers as FTX Unstakes $67M Tokens

FTX-related wallets unstaked and transferred millions of tokens to exchanges, which could exert some selling pressure for the asset, one observer said.

SOL price (CoinDesk)

Videos

Crypto Assets Under Management Jump to Nearly $32B in October: CCData

The total assets under management (AUM) for digital products traded on exchanges and over the counter jumped 6.74% to $31.7 billion in October, the first monthly increase since July, according to CCData. Products tied to Solana's SOL token experienced the steepest AUM growth, adding 74.1% to $140 million. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

CoinDesk placeholder image

Markets

Sam Bankman-Fried Started Buying Solana's SOL at 20 Cents Using 'Alameda Profits,' He Says at His Trial

"I believed the funds came from Alameda’s operating profits" as well as third-party lenders, he testified Friday at his fraud and conspiracy trial.

Sam Bankman-Fried, left, in the pre-trial days with Solana Labs CEO Anatoly Yakovenko (Danny Nelson/CoinDesk)

Finance

Crypto Assets Under Management Jump to $31.7B; SOL-Based Products Rise 74%: CCData

Bitcoin-based products have increased their market share to 73.3% from 70.5% amid optimism over the possible approval of a spot-price exchange-traded fund.

The AUM has increased for the first time since July. (CCData)

Videos

Solana Rallies Over 20% in Last Week: What's Behind the Move?

Solana (SOL) has risen more than 20% in the past week, outperforming the rest of the crypto market and defying worries of a potential fire sale by bankrupt crypto exchange FTX. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

CoinDesk placeholder image

Markets

Solana Rallies 26% in a Week Despite FTX Sale Fears; What's Behind the Move?

Alameda FUD turned out to be less severe than anticipated, one analyst noted.

SOL price over the past week (CoinDesk)

Markets

Deribit to List XRP, SOL, and MATIC Options; Seeks License in EU

Deribit controls over 85% of the global crypto options market.

(Creative Commons, modified by CoinDesk)

Markets

Bitcoin Bounce Puts Altcoin Bears at Risk

Bitcoin's bounce amid fears of FTX creditor liquidation might shake out altcoin bears, leading to a sharp rally in recently shorted tokens like solana.

BTC's price chart (CoinDesk/Highcharts.com)