Solana


Finance

Grayscale's Solana Trust Trades at 869% Premium as Institutions Flock to SOL

The rise in premium comes as CME Group overtook Binance in share of the crypto derivatives market, a sign of institutional interest.

Solana chart (CoinDesk data)

Markets

Solana's SOL Rallies 20% in a Day, Erasing Woes of Past 18 Months

The Solana token's massive rally this year increases the odds that FTX customers will recoup all their lost money.

Solana price (CoinDesk)

Markets

Solana Tokens Sees Risky Bets Increase After End of Sam Bankman-Fried Trial

Bonk took center stage in the Solana ecosystem in January as sentiment around the blockchain network took a hit in the aftermath of the Sam Bankman-Fried and FTX exchange debacle.

Bonk Inu developers say they want to showcase Solana's capabilities. (Bonk Inu)

Markets

Bitcoin Squeezes to $35.5K as 'Mini Altcoin Season' Lifts Crypto Market Cap to $1.3 Trillion

Capital rotation from bitcoin to altcoins accelerated further but steady inflows into BTC funds compensated, one analyst noted.

CoinDesk Bitcoin Price Index on Nov. 7 (CoinDesk)

Markets

Crypto Funds See $767M Six-Week Inflow, Best Since 2021 Bull Market: CoinShares

Bitcoin funds attracted most of the demand, while ether funds saw their largest inflows since August 2022.

Crypto fund flows per week (CoinShares)

Markets

SOL Drops 5% as FTX Estate Transfers Tokens to Binance, Kraken

The $30 million transfer takes the total SOL moved to exchanges to $102 million, the most out of any liquid asset, while the token's price is near the highest in a year.

Then-CEO of FTX Sam Bankman-Fried and CEO of Solana Labs Anatoly Yakovenko (Danny Nelson/CoinDesk)

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)

Finance

A Year After Sam Bankman-Fried's Downfall, Solana and Other FTX Holdings Are Flying High

The FTX founder's downfall began on Nov. 2, 2022 – a year ago Thursday – when CoinDesk published a big scoop. Jurors are poised to begin deliberating his fate on the anniversary of that story, at a time when the SOL tokens FTX owns just got $1 billion more valuable.

FTX logo (Adobe Firefly)

Markets

Bitcoin Retakes $35K After FOMC as Solana's SOL Leads Sharp Altcoin Rally

The Federal Reserve pulled no surprises on Wednesay as it kept policy on hold but promised a continued focus on bringing inflation to heel.

BTC price today (CoinDesk)