Markten

Ether, Solana Hit 19-Month Highs as Bitcoin Rally Halts with Traders Fearing 'Bull Trap'

BitMex founder Arthur Hayes speculated about SOL hitting near $100 in a bullish weekend for altcoins.

Solana price (CoinDesk)

Financiën

Solana Protocol Kamino Eyes Airdrop Following Jito Token Launch

Solana's SOL token has more than tripled since mid-October as DeFi traders return to the ecosystem's on-chain trading, borrowing, lending and yield-generating projects, most notably Kamino.

Solana party in Lisbon (Danny Nelson/CoinDesk)

Markten

Even Small-Time Jito Airdroppers Are Getting Thousands of Dollars in JTO Tokens

The governance token was airdropped to users of Jito's liquid staking token protocol.

Arbitrum airdrop goes live. (Pexel/Pixabay)

Technologie

Future of Solana's Hyped Saga Phone Is 'Under Internal Discussion' as Sales Figures Fail to Wow

Yakovenko emphasizes the importance of reaching a user base of 25-50K to sustain the Solana phone's development in an interview with Laura Shin.

The Saga smartphone. (Danny Nelson/CoinDesk)

Financiën

DeFi Market Rebounds to $50B as Speculators Hunt for Yield

An uptick across Solana-based protocols coupled with more than $700 million in deposits to Blast has fueled growth of the value locked in decentralized finance.

DeFi TVL and volume (DefiLlama)

Consensus Magazine

Anatoly Yakovenko and Solana Bounce Back

With a rocketing token and tech improvements on the horizon, the Solana community – rallied by industry champion Anatoly Yakovenko – defied the odds of defeat.

Anatoly Yakovenko (Mason Webb/CoinDesk)

Markten

Solana Leads Layer-1 Token Gains as Bitcoin Crosses $38K

Crypto market capitalization rose 2.3% in the past 24 hours.

Bitcoin broke above the $38,000 mark early Wednesday. (CoinDesk)

Markten

Tokens In SEC's CrossHairs Are Posting Double Digit Year-To-Date Returns

The Securities and Exchange Commission is doubling down on its allegations that certain crypto assets are securities. These allegations haven't dampened investor enthusiasm for most of the tokens.

Securities Exchange Commission Chair Gary Gensler has a skewed view of what constitutes an investment contract, Polymesh's Graeme Moore writes. (SEC, modified by CoinDesk)

Financiën

Solana's Latest Block Explorer Shoots for Simplicity

The team behind SolanaFM says its overhauled service already has 53,000 signups.

Quantum block explorer (Danny Nelson/CoinDesk)

Financiën

Solana-Based Stablecoin Remittances Get a Boost with CFX Labs' Fresh $9.5M Fundraise to Expand Globally

Remittances are one of the most compelling use cases for stablecoins, offering fast, non-stop settlements and cheap transactions using blockchains as payment rail.

CFX Labs' payment network, MoveMoney (CFX Labs)