The U.S. Securities and Exchange Commission (SEC) has acknowledged Grayscale’s filing for a Solana-based exchange-traded fund (ETF). It is the first time the agency has engaged with an …
Bella Baker
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Solana
Cease-and-Desist Letter Issued to PumpFun Over Unauthorized Token Use
by Bella Bakerby Bella BakerTwo law firms – Burwick Law and Wolf Popper LLP – have issued a cease-and-desist letter to the Solana-based meme coin creation platform PumpFun, demanding the immediate removal …
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Solana
DeepSeek News Triggered $530M in Outflows Before Rapid Rebound: CoinShares
by Bella Bakerby Bella BakerInvestment in digital asset products saw total inflows of $527 million last week. However, intraweek flows revealed fluctuating investor sentiment, largely driven by broader market concerns, including the …
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Solana
Solana’s Retail Surge Driven by Pump.fun, Ethereum Still King of Large Trade
by Bella Bakerby Bella BakerSolana is currently dominating the retail decentralized exchange (DEX) market and accounts for 48% of total DEX volume. In fact, nearly 60% of this activity is driven by …
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Solana
CBOE Restarts US Solana ETF Race With Filings for 4 Asset Managers
by Bella Bakerby Bella BakerThe options and derivatives exchange CBOE has filed applications seeking the launch of Solana exchange-traded funds (ETFs) for four leading asset managers in the United States. This development …
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Solana
Solana to Rip? Elon Musk Reportedly Planning a Blockchain Revolution for US Government
by Bella Bakerby Bella BakerMusk has begun to discuss using blockchain technology to streamline the government’s IT systems and cut unnecessary costs, according to recent reports. To wit, Musk is the new …
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Solana
Trump’s Executive Orders Spark $1.9B Weekly Investments in Crypto: CoinShares
by Bella Bakerby Bella BakerDigital asset investments saw $1.9 billion in inflows last week, bringing YTD inflows to $4.8 billion. Presidential orders proposing Bitcoin as a reserve asset likely influenced this surge …
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Solana
Ethereum Leads Blockchain Fee Revenue in 2024 with $2.48 Billion in Gas Fees
by Bella Bakerby Bella BakerEthereum topped all blockchains in fee revenue for 2024, generating $2.48 billion over the year. This strong performance in fees, however, contrasted with ETH’s price, which underperformed expectations …
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Solana, the second-largest blockchain by Total Value Locked (TVL), has seen its ecosystem grow exponentially, driven by a rapid increase in the market value of its stablecoins. Data …
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Solana
Father Pledges $1M to Cancer Research After Charity Meme Coin Skyrockets to $80M Market Cap
by Bella Bakerby Bella BakerThe father of a young girl battling a rare brain tumor has pledged $1 million to fund research into her condition after an unexpected cryptocurrency windfall. Siqi Chen, …