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Solana
CoinDesk 20 Index Fell More Than 20% During Overall Crypto Market Crash
The overall crypto market crashed as risk-off sentiment permeated global markets. The altcoin-heavy benchmark CoinDesk 20 Index fell more than 20%, with crypto majors Solana and Near Protocol plummeting 20% to 30%. The sentiment shift stems from the recession fears ignited by Friday's U.S. economic and jobs data, as well as the rising tensions in the Middle East. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

SEC Intends to Amend Complaint in Binance Case
Third-party tokens are digital assets alleged to be unregistered securities by the SEC that were issued by various companies not named Binance.

Jito Releases Open-Source Restaking Service for Solana
The yet-to-implemented codebase allows any Solana-based protocol to use any asset for its economic security.

AgriDex Settles First Agricultural Trade on Solana Blockchain
AgriDex "settled the transactions almost instantly, charging only 0.15% to each side of the trade" while in traditional systems "fees can be several percentage points per trade."

Cross-Chain Service DeBridge to Issue Governance Token, Completes Activity Snapshot
The cross-chain service is popularly used to transfer funds between the Ethereum, Base and Solana blockchains, among others.

Solana Sees Arrival of Nomura, Brevan Howard-Affiliated Tokenization Firm Libre
Libre is unveiling a new tokenized offering, the blockchain-based Hamilton Lane SCOPE senior credit fund, which will be available on Solana and Ethereum-compatible chains.

Solana ETF Hopes, Rising Fundamentals Are Driving SOL Prices Higher, Traders Say
The total value of tokens locked on Solana has increased over 25% in a month, crossing the $5.28 billion mark to levels not seen since April 2022, data tracked by DefiLlama show.

Bitcoin Tops $67K as Cryptos Rally Amid Global IT Outage; Solana's SOL Leads Altcoins
Friday's crypto rally defied past days' correlation with U.S equities, which continued their losing streak.

Crypto for Advisors: Web2 to Web3
Kelly Ye looks at the three fast-growing blockchain ecosystems that are addressing the adoption challenges for Web3, gaining user adoption, and how they combine the strengths of Web2 and Web3 to create a seamless Web2-like onboarding experience while providing users with the benefits of sovereign ownership in Web3.

ETF Stands for 'Everything That Fits'
First Bitcoin, then Ethereum, now Solana. ETF issuers will stop at nothing so long as they believe they can make money.
