Jupiter launched JupUSD, a reserve-backed stablecoin constructed with Ethena Labs infrastructure to function main collateral throughout its Solana DEX merchandise. The stablecoin is backed by a 90% allocation in BlackRock-linked USDtb and a ten% USDC buffer, with plans to include USDe for improved effectivity. Establishments can mint JupUSD 24/7 utilizingContinue Reading
Solana efficiently absorbed a large 6 Tbps DDoS assault, one of many largest in web historical past, with zero affect on block manufacturing or user-facing efficiency. Community telemetry confirmed median transaction confirmations stayed round 450 milliseconds all through the week-long marketing campaign, highlighting considerably improved resilience since its 2022 outages.Continue Reading
Retail dealer sentiment for XRP is strongly bullish, registering the seventh-highest rely of constructive social feedback this yr whereas the token traded close to US$2. Spot XRP ETFs continued their streak of constructive web inflows for 19 consecutive days, with whole inflows approaching US$974.5 million. Solana ETFs additionally recorded aContinue Reading
J.P. Morgan organized a US$50m (AU$77m) tokenised business paper issuance for Galaxy Digital on Solana, bought by Coinbase and Franklin Templeton. The deal used USDC for each issuance and redemption, with J.P. Morgan creating the USCP token and overseeing blockchain-based settlement. Galaxy, Coinbase, and Franklin Templeton mentioned the transaction displaysContinue Reading
Ripple government Luke Judges has revealed his observe report with Solana tasks, and recommended XRPL can study from Solana’s sensible strategy to engineering and developer instruments because it refines its ecosystem technique. Judges mentioned that whereas Solana is “removed from good”, XRPL ought to look to reflect its give attentionContinue Reading
Solana Cell will launch its native SKR token in January 2026 to underpin governance, incentives, and possession rights for customers and builders on Solana-powered telephones. The SKR token can have a hard and fast provide of 10 billion, with 30% allotted for preliminary airdrops concentrating on early Seeker customers andContinue Reading
Kalshi launches tokenised contracts on Solana to focus on crypto customers and increase liquidity. November volumes hit US$5.8B (AU$8.97B) for Kalshi, US$3.7B (AU$5.70B) for Polymarket. Builder Codes and a US$2M (AU$3.08M) grant programme goal to encourage developer engagement. Kalshi, a number one US prediction market, has built-in tokenised occasion contractsContinue Reading
Upbit was hacked for $36 million in Solana-based belongings, occurring simply after its mother or father firm agreed to a $10.3 billion takeover by Naver. The trade halted deposits/withdrawals and confirmed it might cowl all buyer losses utilizing its personal reserves. The breach concerned the unauthorised withdrawal of a numberContinue Reading
US spot Solana (SOL) ETFs have maintained an unbroken 20-day streak of web inflows, totaling US$568.24 million since their late-October debut. Monday’s SOL ETF web additions reached US$58 million, the third strongest day, with Bitwise’s BSOL accounting for almost all at US$39.5 million. US spot XRP ETFs additionally noticed sturdyContinue Reading
VanEck launched the VSOL ETF, providing SOL publicity with staking rewards and an preliminary administration payment waiver till 17 February 2026. The launch coincides with a surge of Solana ETFs from different issuers, together with Canary Capital, Constancy, Bitwise, and Grayscale. Analysts word the concentrated rollout and counsel staking-enabled ETFsContinue Reading
