Tag: Solana

SEC delays Solana ETF as decisions for Polkadot, XRP loom

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The US Securities and Exchange Commission (SEC) has pushed back its decision on a proposed spot Solana exchange-traded fund (ETF), with the cryptocurrency industry now looking to the deadlines for the Polkadot and XRP-based ETFs in June. The SEC pushed its decision on listing Grayscale’s spot Solana (SOL) Trust ETF on the New York Stock Exchange (NYSE) to October 2025, according to a May 13 filing by the securities regulator. Delay on Grayscale’s Solana ETF. Source: SEC The decision came the week after the SEC delayed its ruling on Canary…

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Solana co-founder proposes meta chain to fix blockchain fragmentation

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Solana Labs co-founder Anatoly Yakovenko proposed a new data availability (DA) solution to improve persistent fragmentation and lack of interoperability across blockchain networks. In a May 12 post on X, Yakovenko proposed a “meta blockchain” to aggregate and order data posted across multiple layer-1 chains, including Ethereum, Celestia and Solana. “This would actually allow the meta chain to use the cheapest currently available DA offer,” Yakovenko said. Data availability layers are third-party solutions ensuring that blockchains have the necessary data to validate transactions. Source: Anatoly Yakovenko Blockchain interoperability is one…

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DeFi Development Corp. Acquires $23.6 Million in Solana, Expanding Total Holdings to 595,988 SOL

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DeFi Development Corp. (Nasdaq: DFDV) announced the acquisition of 172,670 solana ( SOL) tokens at an average price of $136.81, totaling approximately $23.6 million, marking the company’s largest purchase of solana to date and its tenth acquisition under its digital asset treasury strategy. Following this transaction, DeFi Development Corp. now holds a total of 595,988 […] Source link

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Solana Faces New Competition by Lightchain AI in a Meme Coin Era

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PRESS RELEASE. The crypto world is abuzz with the recent launch of the Trump-themed meme coin, creating waves across the ecosystem and putting Solana (SOL) and other major networks under the spotlight. With meme coins gaining traction faster than a rocket to the moon, Solana and its contenders are feeling the heat. But what does […] Source link

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Solana jumps 20% as Cathie Wood lauds its speed and cost over Ethereum

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Solana (SOL) has reached new yearly highs, gaining more than 17% the day after ARK Invest CEO Cathie Wood lauded the network for its efficiency and cost-effectiveness. In a Nov. 15 CNBC interview, Wood described the Solana network as a major infrastructure player in the wider blockchain ecosystem and added it had been doing a “really good job” in the recent market conditions. Wood praised the Solana network for being faster and more efficient than the Ethereum network. “Ether was faster and cheaper than Bitcoin in the day — that’s…

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Shopify to accept USDC payments with Solana: Report

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E-commerce giant Shopify has added Solana Pay to its pool of options for payment, allowing millions of merchants to use the platform to accept crypto transactions, kicking off with USD Coin (USDC) stablecoin payments.  According to TechCrunch, Solana plans to add other altcoins to the platform in the coming months, including its native token Solana (SOL) and the meme token Bonk Coin (BONK). Josh Fried from Solana Labs branded the intersection of digital assets and payment solutions as the “killer app for crypto,” adding that “[Everyone] should be doubling down…

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Fine art on Solana, AI music, podcast + book reviews – Cointelegraph Magazine

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BitCulture explores arts, culture, music and media in blockchain and Web3. Fine art on the blockchain Exchange.art head curator Haley Karren came to Web3 from some of the world’s leading art institutions and says that working with 14,000 artists on Solana’s fine art marketplace has broadened her tastes.  Exchange.art head curator Haley Karren (Supplied) “I have a new appreciation for pixel art, voxels and things that really are very much native to this space. It’s been fascinating to see the difference between what I was more interested in two years ago…

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