Tag: Solana

Solana price gained 500% the last time this SOL metric turned bullish

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Key Takeaways: Solana’s 15% surge and potential close above the 50-week EMA signal strong bullish momentum, which previously led to a 515% rally in 2024. The $120 million in liquidity bridged to Solana reflects growing network confidence. Solana (SOL) price gained 18% this week, signaling rising bullish momentum. The altcoin is approaching a pivotal point, with a potential close above the 50-week exponential moving average (EMA), a level that has historically catalyzed significant rallies. In March, SOL dipped below the 50-week EMA and briefly dropped under $100 on April 7.…

SRx Health Solutions to start crypto-based borrowing plan, invests $1.5m in Solana

SRx Health Solutions, Inc. announced on Thursday that it intends to launch a new subsidiary focused on borrowing crypto. These investments include cryptocurrencies like Solana (SOL) and Bitcoin (BTC), forming a key part of a wider strategy to utilize its current assets while investigating decentralized financial models. According to the company, the proposed subsidiary would allow global investors to deposit cryptocurrency in exchange for a share of profits from SRx’s North American Halo brand. SRx would then use the crypto capital to support Halo’s sales and marketing operations, aiming to…

Brazil’s B3 to Launch Solana and Ethereum Futures June 16

Key Notes Brazil’s B3 Exchange is set to launch Ethereum and Solana futures contracts on June 16, 2025. Each contract will be settled in USD, with sizes set at 0.25 ETH and 5 SOL. The move is designed to attract institutional investors and enhance crypto market liquidity. Brazilian stock exchange B3 has announced plans to launch Solana SOL $150.7 24h volatility: 2.6% Market cap: $78.04 B Vol. 24h: $3.80 B and Ethereum ETH $1 845 24h volatility: 2.6% Market cap: $222.72 B Vol. 24h: $14.22 B Futures products in the…

Brazil’s B3 to launch Ethereum and Solana futures, cuts Bitcoin contract size

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Brazil’s main stock exchange, B3, will begin offering Ethereum and Solana futures contracts on June 16, expanding its crypto derivatives lineup beyond Bitcoin.  The move comes after approval from the Brazilian Securities and Exchange Commission and is part of a broader push to make digital asset investment more accessible to institutional and retail players. Unlike the existing Bitcoin (BTC) futures, which are priced in Brazilian reais, the new Ethereum (ETH) and Solana (SOL) contracts will be denominated in U.S. dollars.  The Ethereum contract will be based on 0.25 ETH and…

Solana Jumps 9% — Will It Break $200 Soon?

Key Notes Solana trades at $165 after an 8% daily gain, supported by rising trading volume. Ethereum’s 21% increase post-Pectra has pushed the SOL/ETH ratio to a one-month low. Analyst highlights a cup and handle pattern on SOL’s weekly chart, with $200 as a breakout trigger. Solana SOL $150.7 24h volatility: 2.6% Market cap: $78.04 B Vol. 24h: $3.80 B has rallied over 8% in the past 24 hours to trade around $165. This strong upward move comes as the broader crypto market witnesses a 5.3% jump in total market…

Brazil’s B3 Stock Exchange to Launch Ether and Solana Futures

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B3 will launch these new futures on June 16, opening new investment avenues for institutional buyers seeking crypto asset diversification. The bourse also announces changes to bitcoin futures to increase the accessibility of these products, given bitcoin’s recent price hike. Brazilian B3 Announces Solana, Ether Futures Launch; Reduces Bitcoin Futures’ Contract Price The Brazilian Stock […] Source

Solana lacks ‘convincing signs’ of besting Ethereum: Sygnum

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Solana does not yet have “convincing signs” that it could overtake Ethereum as the blockchain of choice for institutions, as its revenue is seen as unstable due to its memecoin concentration, according to crypto bank group Sygnum. In a May 8 blog post, Sygnum said that the current sentiment around Ethereum “remains poor,” with the market focused on Solana’s “transaction volumes and its recent dominance in fee generation.” However, Sygnum said “the medium-term outlook will primarily be shaped by traditional financial institutions’ platform choices to bring their product offerings,” not…

SOL Strategies Explores Tokenizing Shares on Solana via Superstate Partnership

SOL Strategies Inc. announced plans to explore tokenizing its equity on the Solana blockchain through a non-binding partnership with financial technology firm Superstate, potentially becoming the first public company to do so. Non-Binding Pact Could Pave Way for Solana-Based Share Tokenization The Toronto-based company, SOL Strategies Inc. (CSE: HODL) (OTCQB: CYFRF), signed a memorandum of […] Source CryptoX Portal

Report Exposes 98.6% of Solana Meme Coins on Pump.fun as Fraudulent 

A new report by blockchain analytics firm Solidus Labs reveals that 98.6% of tokens launched on Solana’s Pump.fun and 93% of liquidity pools on Raydium exhibited signs of fraudulent activity, including pump-and-dump schemes and rug pulls. Solana’s Low Fees Fuel Explosion of Meme Coin Fraud, Research Shows The findings, detailed in Solidus Labs’ “2025 Rug […] Source CryptoX Portal

Companies Left and Right Are Buying Solana, Promising a Rally. Will the Solaxy Presale Explode?

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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. SOL Strategies, a Canadian investment company focused on the Solana ecosystem, just bought 122,524 $SOL at an average price of $148.96. This brings the total purchase value to $18.25M. It’s worth noting that this acquisition is…