Solana


Markets

Bitcoin Slides to $66K, Ether Dives 5% in Market-Wide Selloff

Cryptocurrencies weren't spared as stocks, bonds, gold and oil all declined on Wednesday.

Bitcoin price action.

Markets

Solana Hits Record vs. Ether, Outperforms Bitcoin as AI Memecoin Frenzy and Surging Revenues Fuel Rally

Solana was the best-performing asset in the CoinDesk 20 Index through the week, advancing 11%, while BTC and ETH declined.

Solana's SOL price (CoinDesk)

Finance

Solana's Crypto-Governance Hub Realms Is Under New Management

The project is spinning out of Solana Labs and its new leaders want to turn a profit.

Scenes from Solana's Miami Hacker House in April 2022 (Danny Nelson/CoinDesk)

Finance

Crypto ETFs Look Unlikely to Expand Beyond Bitcoin, Ether Under Kamala Harris, Experts Say

Several prospective issuers have filed to launch exchange-traded funds tracking smaller coins like Ripple's XRP or Solana (SOL), but the trajectory of those applications may lie with American voters.

More crypto ETFs, including current applications for an XRP or solana ETF, might not ever be approved if Kamala Harris beats Donald Trump in the presidential election, two ETF experts said. (Brandon Bell/Getty Images)

News Analysis

Crypto Degens Baited an Experimental AI Bot Into Promoting a Memecoin. It's Now Up 16,000%.

Conceived as a live experiment in human interactions with AI models, the viral bot ended up shilling a memecoin called GOAT.

The GOAT token refers not to a horned mammal but to a made-up religion often cited in social media posts by AI bot Terminal of Truth. (MartinThoma/Wikimedia Commons)

Markets

Ethena Labs Proposes SOL for USDe's Collateral

If the proposal is approved, SOL will join BTC and ETH within Ethena's collateral mix.

(Sam Kessler/CoinDesk)

Markets

Solana Is 'Richly Valued' Versus Ether, but Could Still Outperform If Trump Gets Elected: Standard Chartered

The bank's analysts remained bullish on bitcoin and crypto in general no matter who wins the presidency in November.

Price rising charts markets indices (Unsplash)

Finance

Binance, FalconX and the Curious Case of 1.35M Missing Solana Tokens

Crypto prime broker FalconX didn't know who the SOL tokens belonged to until crypto exchange Binance came asking for them years later.

Mysterious transactions and reconciliation head-scratchers happen in traditional finance, too, but crypto could be uniquely prone to a situation of this sort. (Wikimedia Commons)

Videos

Len Sassaman-Themed Memecoins Surge Ahead of HBO Bitcoin Creator Documentary

Len Sassaman-themed tokens have started to populate as the late cryptographer is widely believed on Polymarket to be identified as Bitcoin's pseudonymous creator in the upcoming HBO documentary. LEN tokens on Solana and Ethereum were issued by opportunistic traders and skyrocketed over the weekend. CoinDesk's Christine Lee presents the "Chart of the Day."

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Videos

Hippo Meme Token Inspired by 'Moo Deng' Skyrockets

The increasing popularity of "Moo Deng," a newborn hippo from Thailand, sent hippo-themed token MOODENG skyrocketing. The Solana token’s market cap has surged above $110 million, becoming one of the few to reach that level from zero in recent months, according to CoinMarketCap. CoinDesk's Christine Lee presents the "Chart of the Day."

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