Key Notes Solana ETFs with staking could receive US approval within two weeks. Major asset managers, including Fidelity, VanEck, and Grayscale, have filed amended S-1 documents. SOL price trades near $201 in a rising wedge, with $236 resistance and $180 support. Solana could soon become the next major cryptocurrency with a spot exchange-traded fund (ETF) in the United States. ETF analyst Nate Geraci said that recent filings suggest Solana ETFs with staking could receive approval within two weeks, triggering the assetโs โinstitutional moment.โ Another flurry of S-1 amendments filed today…
Tag: Solana
Solana Freefall Ahead? SOL Price Risks Drop To $150
After hitting a one-month low, Solana (SOL) has bounced from a critical support zone and is attempting to reclaim a crucial psychological barrier before potentially resuming its bullish rally. However, some analysts suggested that the cryptocurrency could retest new lows if the market volatility persists. Related Reading Solana Price Retest Major Support On Thursday, Solana lost the $200 level as support after closing the day below this level for the first time in nearly a month. The cryptocurrency has been trading inside the $120-$220 price range since early February, finally…
๐จHUGE ALTCOIN NEWS! XRP, SOLANA, ETHEREUM, & HBAR!
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Crypto News: Blackrock buys more Bitcoin putting their holdings at 750K BTC. Ethereum and Solana treasury companies buy record amounts of the assets. CME reports XRP futures breaks record and Ripple is expanding RLUSD to Africa. Show Sponsor – ๐ฆ Learn about iTrustCapitalโs powerful Premium Custody Account (PCA) and tax-advantaged Crypto IRA platforms Promo Code: THINK7 ๐กGet the (Re)Thinking Crypto Book on Amazon – ๐ฅ๏ธ Learn Crypto with Expert Commentary – Sponsors: ๐Uphold – Signup with Uphold. Terms Apply. Cryptoassets are highly…
Galaxy Digital Solana Dump? 200K SOL Hits Coinbase
Key Notes Lookonchain flagged a Galaxy Digital’s transfer of $39.1 million worth of SOL to Coinbase. On September 15, Galaxy Digital scooped up 1.2 million SOL, suggesting varying approaches to Solana. SOL price has now dropped to $193.18 amid the altcoin market rout. Blockchain analytics platform Lookonchain has identified the massive transfer of Solana SOL $194.9 24h volatility: 4.2% Market cap: $106.22 B Vol. 24h: $11.20 B from Galaxy Digital to Coinbase. To back its claims on X, the protocol shared an Arkham Intelligence link to the transaction. The sudden…
Canary Files for Solana Spot ETF with Marinade Staking Feature
Key Notes Canary Capital has filed an amended S-1 form for its spot Solana ETF, now named the Canary Marinade Solana ETF. The fundโs secondary objective is to earn yield for investors by staking its SOL holdings through a partnership with Marinade Finance. This filing is one of the first to formally integrate staking into a spot crypto ETF, introducing new potential returns and unique risks. Canary Capital Group is moving forward with its plans for a spot Solana SOL $196.4 24h volatility: 1.9% Market cap: $106.62 B Vol. 24h:…
Forwardโs Solana Bet in Red as SOL Risks Drop
Key Notes Forward Industries is sitting on a $245 million loss after heavy Solana purchases. Solana price dropped 18% in a week as open interest hit a record $14.5 billion. Funding rates show dominance of leveraged longs, risking a long squeeze. According to Lookonchain, Forward Industriesโ bold bet on Solana SOL $193.0 24h volatility: 4.1% Market cap: $104.78 B Vol. 24h: $11.25 B has quickly turned sour as the holdings are facing a floating loss exceeding $245 million. The crypto space is now having doubts over the firmโs strategy that…
Solana (SOL) Nosedives โ Traders Fear More Pain Could Be Ahead
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
๐ฅ Only 1 MILLION Leftโฆ Scarcity Just Got Real!
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io ๐ JOIN THE FAMILY: ๐ IA MODELS: ๐ง FREE INVESTOR PROFILER QUIZ: ๐ฌ IA NEWSLETTER: ๐ช IA CRYPTO COMPENDIUM: โ๏ธ IA SCP Profiler: ๐ TradingView Referral: DISCLAIMER: InvestAnswers does not provide financial, investment, tax, or legal advice. None of the content on the InvestAnswers channels is financial, investment, tax, or legal advice and should not be taken as such; the content is intended only for educational and entertainment purposes. InvestAnswers (James) shares some of his trades as learning examples but they are…
Solana Crashes Below $200 as $45 Million in Long Positions Get Liquidated
Key Notes SOL experiences five consecutive losing days since September 21, marking its worst performance in over three weeks. Derivatives data shows extreme bullish capitulation with $45M in long liquidations versus only $2M in short positions. Technical indicators including RSI at 37.47 and BBP at -35.47 signal continued bearish momentum ahead. Solana SOL $199.3 24h volatility: 6.9% Market cap: $108.33 B Vol. 24h: $10.97 B price plunged below $200 on Thursday, Sept. 25, trading at a 23-day low of $197.65 on Coinbase. The 6.1% price downtrend on Thursday places Solana…
Solana RWAs Expand Beyond Institutions Via Chintai-Splyce Partnership
Real-world asset (RWA) protocols Splyce and Chintai have launched a new product on Solana designed to give retail users access to institutional-grade tokenized securities โ a move that could broaden the appeal of RWA tokenization on one of the worldโs largest blockchains. The product is powered by strategy tokens, or S-Tokens, which provide retail users with exposure to yields generated by Chintai. While users never directly hold Chintaiโs tokenized securities, S-Tokens act as a โmirrorโ through a loan structure backed by the underlying assets. S-Tokens are designed to broaden access…