Key Notes Franklin Templeton stated that it will waive off management fee for the first $5 billion coming to its Solana ETFs. Spot Solana ETFs saw significant demand with Bitwise’s BSOL crossing the $500 million asset milestone. Analysts expect a potential SOL price recovery, citing technical setups and targets of up to $175. Asset manager Franklin Templeton is now planning to introduce its Solana ETF in the US market, amid strong response and inflows into this fund. As a result, it will compete with players like Fidelity, Bitwise, VanEck, Grayscale,…
Tag: Solana
Solana (SOL) Pauses at Critical Level — Is a Sharp Move Coming Next?
Solana started a recovery wave above the $135 zone. SOL price is now consolidating and faces hurdles near the $140 zone. SOL price started a decent recovery wave above $132 and $135 against the US Dollar. The price is now trading above $132 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $133 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $140 and $142. Solana Price Faces Resistance Solana…
Solana Rebounds Strong as Massive ETF Inflows Reinforce $128 Support Zone
Solana (SOL) is staging an impressive comeback as renewed institutional demand supports the network’s key support levels. Related Reading The latest surge in investor interest, led by a record-breaking inflow into Bitwise’s Solana ETF, has helped the asset stabilize after weeks of market turbulence, offering fresh optimism for a potential trend reversal. SOL’s price trends to the downside on the daily chart. Source: SOLUSD on Tradingview Record Solana ETF Inflows Signal Renewed Institutional Confidence Bitwise Asset Management recorded a historic $39.5 million single-day inflow into its Solana ETF, the largest…
The Great Crypto Reset Just Happened [Here’s What Comes Next]
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Tariff Deal Rally?🔥Crypto Technical Analysis w/ @DataDash
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cryptocurrency markets staged a recovery after a record $19 billion liquidation event, buoyed by signs of a temporary ceasefire in the US-China trade war. ~This Episode is Sponsored By Coinbase~ Buy $50 & Get $50 for getting started on Coinbase➜ Guest: Paul Sampson, DataDash Follow on Youtube➜ 00:00 Intro 00:10 Sponsor: Coinbase 01:15 Huge week ahead 02:00 Bitcoin analysis 04:40 End of cycle narratives 08:10 Catalyst to watch 09:00 $100K never again? 11:00 CNBC: Soybeans for Semi-conductors is not a win 12:50…
Ether, Solana ETFs See Strong Inflows as Bitcoin Retreats
Bitcoin ETFs slipped back into heavy outflows to start the week, while ether ETFs staged a strong recovery, and solana products pushed their inflow streak even higher. The day delivered a sharp divergence in investor behavior across the three major asset classes. Bitcoin ETFs Fall Back Into Red With $151 Million Outflow The market opened […] Original
Why Has The Solana Price Been Crashing Since October? This Major SOL Player Is Selling
On-chain analytics platform Lookonchain has provided insights into what may have contributed to the Solana price crash since October. The platform revealed that meme coin launchpad Pump.fun has sold a significant amount of SOL, cashing out almost $500 million since the start of October. Pump.fun Allegedly Dumps SOL Amid Solana Price Crash In an X post, Lookonchain suggested that Pump.fun has been selling SOL, as it appears that the meme coin launchpad has cashed out at least 436.5 million USDC since October 15. The on-chain analytics platform also stated that…
Solana ETFs Attract $367M in November as Yield Demand Rises
Despite steep redemptions from Bitcoin and Ethereum ETFs, Solana attracted $369 million of inflows this month as investors increasingly positioned SOL as a yield-generating asset. According to Bohdan Opryshko, co-founder and chief operating officer of Everstake, both institutions and retail holders are “treating Solana as a yield-generating asset rather than a speculative trade.” He told Cointelegraph that Solana’s native staking rewards of 5%–7% have created an appeal that Bitcoin (BTC) ETFs cannot match, and only a limited set of Ethereum products currently offer. Between Nov. 3 and Nov. 24, Bitcoin…
Solana ETFs Hit 20-Day Inflow Streak, SOL Price Reacts
Key Notes November 24 marked the 20th consecutive day of net inflows for Solana ETFs. Bitwise rolled out the first Solana ETF on October 28. Grayscale has launched its XRP ETF, under the ticker GXRP, amid high corporate demand for crypto. United States spot Solana Exchange Traded Funds (ETFs) have bagged their 20th consecutive day of net inflows. This feat marks a consistent positive streak since the fund was launched in late October and reflects the underlying support that Solana SOL $136.0 24h volatility: 5.4% Market cap: $76.11 B Vol.…
Solana DePIN Project Fuse Secures No-Action Letter From SEC
The SEC has just issued its second “no-action letter” toward a decentralized physical infrastructure network (DePIN) crypto project in recent months, giving its native token “regulatory cover” from enforcement. The no-action letter was sent to Solana DePIN project Fuse, which issues a network token FUSE as a reward to those actively maintaining the network and isn’t sold to the public. Fuse initially submitted a letter to the SEC’s Division of Corporation Finance on Nov. 19, asking for official confirmation that it would not recommend the “SEC take enforcement action” if…