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Solana
Ether to Extend Outperformance Versus Bitcoin Following Recent Breakout, FSInsight Says
Solana may see some consolidation in the near term following recent gains.

Loopring Surges 40%, Solana Replaces Cardano as 5th-Largest Coin as Ethereum Fees Spike
The average transaction fee on Ethereum has risen a staggering 2,300% since late June.

ETH and SOL Hit All-Time Highs, CBA to Offer Crypto Services
Ethereum and Solana hit all-time highs. Australia’s CBA to offer crypto services. Hong Kong fintech week underway. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Deadmau5, Gregory Siff Merge Digital and Physical Art With Solana NFT Drop
The duo is tapping metaverse studio Looks Rare to turn real-life art into NFTs.

FTX CEO Sam Bankman-Fried on $420M Raise, LedgerX Acquisition
Bahamas-based crypto exchange FTX has finalized acquiring regulated futures exchange LedgerX. This follows last week’s meme-friendly raise of over $420 million from 69 investors and a Solana-based NFT marketplace launch earlier this month. FTX founder and CEO Sam Bankman-Fried shares insights into the crypto empire’s latest developments, discussing what lies ahead.

Solana-Based Yield Aggregator Tulip Raises $5M
The DeFi app formerly known as SolFarm has over $800 million in TVL.

Solana-Based Perpetual Swaps DEX Drift Protocol Raises $3.8M
Multicoin Capital led the decentralized exchange’s funding round with Jump and Alameda also participating.

Market Wrap: Bitcoin Rises Again as Altcoins Outperform
Bitcoin is back above $62K and investors are pumping more money into crypto funds.

Solana Hits New Record High as Layer 1 Tokens Follow Bitcoin’s Gains
Momentum has been building after bitcoin hit an all-time high last week.

Crypto Fund Inflows Hit Record $1.5B as Bitcoin Futures ETFs Go Live
Bitcoin dominated this week’s inflows, with a 99% share. Last week, bitcoin’s weekly inflows were at $70 million.
