ChinaAMC Solana (3460), the world’s first spot Solana ETF, has been authorized in Hong Kong and can commerce in Hong Kong {dollars}, Chinese language yuan, and U.S. {dollars}. The ETF will use OSL Digital Securities as sub-custodian and digital asset buying and selling platform, benefiting from the issuer’s present operationalContinue Reading
Solana Labs founder Anatoly Yakovenko introduced plans for a brand new, devoted decentralised perpetuals alternate DEX for Solana known as Percolator. Percolator’s structure is break up into two on-chain packages, Router and Slab, designed for parallelism and fault isolation. The transfer goals to sort out rising competitors in perpetuals buyingContinue Reading
Help for the first-generation Saga smartphone has formally ended, placing homeowners susceptible to safety vulnerabilities and app incompatibilities. Saga bought 20,000 models, initially priced at US$1,000 (AU$1,533), later discounted after sluggish gross sales; memecoin airdrops briefly boosted demand. The corporate is now absolutely targeted on the second-generation Solana Seeker, launchedContinue Reading
The CME Group will launch options contracts on Solana and XRP futures on October 13, expanding its crypto derivatives products beyond Bitcoin and Ethereum. This launch is in response to the significant growth and liquidity in its existing Solana and XRP futures markets, with Solana futures trading over US$22.3 billionContinue Reading
Novogratz frames Solana’s rise as cyclical, arguing the network’s speed and ecosystem growth give it an edge in the current market phase. SEC Chair Paul Atkins signals a softer regulatory stance, suggesting most digital tokens shouldn’t be classed as securities and calling for updated rules. Nasdaq’s push into tokenised tradingContinue Reading
Bitwise CIO Matt Hougan has criticised US banks for lobbying against stablecoins, arguing that they should instead increase the interest rates on deposits to compete with the new financial products. Hougan’s comments were a direct response to a Bloomberg report that highlighted the vulnerability of community and regional banks toContinue Reading
SwissBorg lost around $41M in Solana after hackers exploited a flaw in staking partner Kiln’s API. The company has assured users their assets remain secure and promised reimbursement through its SOL reserves. SwissBorg is pursuing fund recovery with the help of security specialists and white hat hackers. Community reaction isContinue Reading
Collector Crypt tokenises Pokémon cards on Solana, offering NFTs redeemable for graded physical cards. CARDS token market cap jumped from US$23M to US$85M, settling near US$74M; price rose 210% to US$0.19. The digital gacha machine awards random NFTs, offers 90% buyback, and has generated US$70M in sales. Solana-based Collector CryptContinue Reading
Solana’s validator community has overwhelmingly approved the Alpenglow consensus upgrade with over 98% of the vote, meeting the required 33% quorum. The upgrade, developed by Anza, is designed to reduce transaction finality times from over 12 seconds to 150 milliseconds, which is a significant performance improvement that approaches Web2 speeds.Continue Reading
Pantera Capital is reportedly planning a US$1.25 billion bid to acquire and rebrand a Nasdaq-listed company into “Solana Co.”, a publicly traded vehicle with a balance sheet focused on holding SOL. The investment firm will make the bid in two stages, with the goal of creating the largest corporate SolanaContinue Reading
