Tag: Solana

Figure Targets Solana for Onchain Equity With Second IPO Filing

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Figure Technology, a blockchain-based financial services company focused on tokenized assets and lending, has filed for a second public offering aimed at issuing native equity directly on a public blockchain. The move, which follows the company’s recent Nasdaq listing, is designed to expand decentralized finance (DeFi) use cases on Solana. Speaking at the Solana Breakpoint conference, Figure executive chairman Mike Cagney said the company has submitted a filing with the US Securities and Exchange Commission (SEC) to launch what he described as “a new version of Figure equity on a…

XRP Is Coming to Solana: What Happens at Major “Flip Area”?

Key Notes XRP is officially entering the Solana network through wXRP. The bridge keeps XRP redeemable 1:1 while opening access to Solana’s full DeFi ecosystem. XRP price now sits at a crucial “flip area,” according to analysts. Solana SOL $137.8 24h volatility: 5.7% Market cap: $77.45 B Vol. 24h: $5.87 B announced that XRP XRP $2.03 24h volatility: 1.2% Market cap: $122.43 B Vol. 24h: $2.87 B will enter its chain through a new wrapped asset called wXRP. Hong Kong-based Hex Trust and LayerZero will handle the bridge and the…

Solana Will ‘Flip’ Ethereum, Says Skybridge Capital’s Scaramucci

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Anthony Scaramucci showed up to Solana Breakpoint in Abu Dhabi wearing a tie — a small act of rebellion in a sea of hoodies — and then proceeded to make a much bigger one on stage: Solana is going to “flip” Ethereum. Scaramucci’s Solana Prediction Not in the Twitter-war, zero-sum, “ETH is dead” kind of way. More like: same league, different growth curve, and Solana ends up with the bigger market cap. “I think it will flip Ethereum, but that doesn’t mean Ethereum’s going down or anything like that. I…

Solana Hits Critical Demand Zone — Is A Surprise Bottom Loading?

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Solana has slipped into a crucial demand zone between $118 and $138, a region where buyers must prove they’re still in the game. Early reactions are emerging, but momentum remains weak, raising the big question: Is SOL preparing for one more leg down, or could a surprise bottom quietly be forming beneath the surface? Solana Slides Into A Critical Support Zone Crypto analyst More Crypto Online, in an update shared on X, revealed that SOL has recently dropped into a major support band. This crucial zone stretches from $118 up…

dYdX Launches Its First Solana Spot Trading Product in US: Will Solana Price Surge?

Key Notes The decentralized exchange expands beyond derivatives after surpassing $1.5 trillion in cumulative volume since launch. Solana faces bearish pressure with $667 million in leverage clustered at the $147 resistance level creating squeeze potential. Short positions dominate at over $1 billion while longs sit at $692 million, limiting near-term rebound prospects for SOL. Dousing the bearish sentiment, dYdX, one of the largest decentralized exchanges, made a major announcement that could further expand Solana SOL $134.9 24h volatility: 4.0% Market cap: $75.70 B Vol. 24h: $6.40 B adoption in the…

Bhutan Tokenizes Sovereign Gold Reserves on Solana Blockchain

Key Notes The Kingdom of Bhutan is launching TER, a sovereign digital token backed by its physical gold reserves. TER will be issued on the Solana blockchain and is set to debut on December 17, 2025. This initiative is one of the first instances of a nation-state using public blockchain to digitize its sovereign wealth. The Kingdom of Bhutan will launch TER, a sovereign digital token backed by its physical gold reserves, on the Solana blockchain. The token is set to debut on Dec. 17, 2025. The initiative, announced by…

Coinbase Opens Solana DEX Access as CeFi and DeFi Converge

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Coinbase is moving deeper into the Solana ecosystem, letting users trade native Solana tokens through a decentralized exchange integration rather than traditional listings. Andrew Allen, Coinbase protocol specialist, said in an X post that Coinbase now allows its users to trade all Solana (SOL) tokens through a decentralized exchange (DEX) integration, “without listings,” he noted, adding that “very soon you will be able to open the Coinbase app and see native Solana assets on Coinbase.” “For issuers and builders, if your token has sufficient liquidity, this means you can be…

Coinbase to “Specifically” Focus on Solana, SOL Price to Surge?

Key Notes FTX has unstaked $25.5 million in SOL as traders closely watch liquidity. The Breakpoint event and Coinbase Solana expansion lift market attention. US spot Solana ETFs record steady inflows in December. On-chain data shows that FTX and Alameda have recently unstaked 194861 SOL  SOL $130.9 24h volatility: 4.6% Market cap: $73.53 B Vol. 24h: $7.15 B worth about $25.5 million. While some traders fear this could pressure the price, experts note Solana has handled these monthly releases for months without struggle. They point out that the market has…

State Street and Galaxy To Launch Tokenized Sweep Fund On Solana In 2026

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State Street Investment Management and Galaxy Asset Management are joining forces with Ondo Finance on a tokenized liquidity fund that pushes cash “sweep” balances directly onto public blockchains, opening up a source of potential 24/7 onchain liquidity. The planned State Street Galaxy Onchain Liquidity Sweep Fund, or SWEEP, is designed to take in and pay out PayPal’s (PYUSD) stablecoin for accredited investors, the companies said Tuesday. Ondo is expected to seed the fund with $200 million, tying a major tokenized real-world asset (RWA) issuer directly into State Street’s tokenization stack.…