Tag: Solana

Nous Research secures $50M from Paradigm to build decentralized AI on Solana

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Decentralized AI startup Nous Research has raised $50 million in a Series A round led by crypto venture giant Paradigm, marking one of the largest investments at the intersection of blockchain and artificial intelligence to date. According to an April 25 report from Fortune, the funding round values Nous at a $1 billion token valuation. Previous investors include Distributed Global, North Island Ventures, and Delphi Digital, who contributed to Nous’s earlier $20 million seed rounds. Operating since 2022, Nous Research is stepping into the spotlight with the latest fundraising to…

Why Is Solana (SOL) Price Up More Than 5% Today?

Key Notes Solana (SOL) skyrocketed almost 6% in the past day, well above the 20 and 50-day EMAs. SOL Strategies announced a $500 million convertible note offering solely to purchase SOL. An analyst predicted that SOL could soon be trading above the $200 price level amid a 14% weekly surge. Solana SOL $154.3 24h volatility: 4.7% Market cap: $79.88 B Vol. 24h: $4.61 B surged by 5.91% in the past 24 hours to reach $154.47 at press time, continuing its strong weekly rally of nearly 15%. A major catalyst behind…

Solana (SOL) Holding Strong Above $150 — Breakout Zone In Play

Solana started a fresh increase from the $132 support zone. SOL price is now consolidating and might climb further above the $155 resistance zone. SOL price started a fresh increase above the $135 and $150 levels against the US Dollar. The price is now trading above $150 and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $150 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $155 resistance…

Top three altcoins to buy other than XRP, Dogecoin, Solana and ONDO

Crypto market consolidates after a rally earlier this week; Bitcoin’s return above $94,000 supported trader sentiment. While most altcoins suffered a pullback in the market-wide correction, three tokens could yield gains for holders in the coming weeks: Dogecoin, Solana and ONDO.  Dogecoin (DOGE), Solana (SOL) and Ondo (ONDO) could begin rallying in the coming weeks amidst several catalysts in the ecosystem. From U.S. President Donald Trump’s softening stance on tariffs to Bitcoin’s attempt to reclaim the “digital gold” title, a few altcoin rallies are pending and could yield gains for…

DeFi Development (JNVR) Raises Solana Holdings to $48M With Discounted Token Purchase Via BitGo

DeFi Development Corp (JNVR), formerly known as Janover, added another $9.9 million in Solana’s SOL to its corporate treasury, pushing total crypto holdings to 317,273 SOL or about $48 million, the company said on Wednesday. The purchase, made through BitGo’s over-the-counter desk, includes a tranche of locked SOL. These are tokens typically tied to vesting or bankruptcy proceedings that can’t yet move on-chain but are cheaper than spot prices. “By gaining access to locked discounted inventory through a trusted partner like BitGo, we’re able to accumulate some of our SOL…

SOL Strategies raises $500M in convertible notes issuance to buy Solana tokens

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SOL Strategies, a Canadian investment company, issued $500 million in convertible notes to buy and stake in Solana (SOL) tokens. The $500 million issuance was made to a singular investor, ATW Partners, a New York-based investment firm. The company provides growth equity and structured capital to companies across public and private markets, a spokesperson for SOL Strategies told Cointelegraph. A spokesperson for SOL Strategies said the company is focused on building institutional-grade infrastructure for Solana, rather than reacting to short-term price volatility. According to an April 23 announcement, the yield…

Ethereum At $9,200, XRP At $5,800, And Solana At $3,400? Analyst Says This Is Not Possible

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Cryptocurrency prices are starting to grind through a period of slow but steady gains in the past 48 hours, with Bitcoin again leading the charge and most altcoins lagging…

Fartcoin Dominates Solana Meme Coin Space with 18% Price Increase

Key Notes Fartcoin jumped 18% to around $1.06, breaching the $1 billion market cap mark. It is now the most valuable meme coin on the Solana network, surpassing Bonk. The rally coincided with whale purchases totaling $5.5 million. Solana-based meme token, Fartcoin FARTCOIN $1.07 24h volatility: 22.0% Market cap: $1.06 B Vol. 24h: $405.31 M , has recently jumped 18% to trade around $1.06, pushing its market capitalization over $1 billion for the first time. This increase has moved Fartcoin up seven spots in the crypto rankings, making it the…

Solana whale sits on $153M profit after 4-year staking play

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A Solana address with over 1 million tokens is sitting on more than $153 million in profit after a four-year staking play on the crypto asset.  Blockchain analytics firm Lookonchain flagged the wallet address of a whale that staked nearly 1 million Solana (SOL) tokens in 2021. At the time of the staking, Solana tokens were worth around $27, which means the trader spent about $27 million to execute the play.  Four years later, the whale’s total staked Solana holdings have reached 1.29 million. With Solana appreciating to about $140,…

Solana Whale Takes Out $52.7 Million In SOL From Binance: Bullish Sign?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. On-chain data shows a Solana whale has made a large withdrawal from Binance in the past day, a sign that could be bullish for SOL’s price. Solana Whale Has…