For the first time to date, DEXs built on the Solana network surpassed those built on Ethereum, in terms of trading volume for the month of July. Solana had more daily trading volume than Ethereum for the whole month of July, according to DeFiLlama statistics for DEX volumes by blockchain.
The crypto market seems littered after the Fed’s decision, resulting in increased volatility. Bitcoin and Ethereum have declined and slipped to their previous lows. Notably, Solana also stepped into bearish momentum after its brief upward breakout. SOL exhibited over -3% price decline in the past day, causing the token to
Uniswap’s market sees heightened activity as it approaches a pivotal $7.21 support level, propelled by a substantial whale acquisition of 1.43 million UNI tokens, indicative of a positive trend. Meanwhile, Solana (SOL) is in the spotlight due to its optimistic price prediction and the possibility of an ETF endorsement. Yet,
The overall crypto market witnessed a slight price dip of 3.28% in the last 24 hours. Leading cryptocurrencies, Bitcoin and Ethereum also showed price declines going back to previous trading levels. Notably, the second largest altcoin, Solana also incurred bearish movements after the upward movements. According to CMC data, SOL
Solana (SOL) has drawn significant attention from traders amid the current market upheaval, buoyed by institutional support and a pro-crypto stance among politicians. These developments have bolstered confidence in the near future, with Bitcoin recently surging past $69,000. Notably, Solana has demonstrated consistent performance, outperforming Binance Coin (BNB) in market
In spite of the market’s general downturn, Solana has maintained its upward pricing trend. Solana reached a major milestone last week when its value surged enough to overtake Binance Coin (BNB) in terms of market capitalization. For over 24 hours, BNB Chain and Solana have been engaged in a violent
The second leading altcoin, Solana has witnessed bullish trends over the past few weeks. In the last 24 hours, the token caught market attention by flipping its competitor BNB token in market cap. This new milestone for SOL occurs amid the token’s surpassing its previous resistance levels. Meanwhile, other leading
As global crypto markets react to Bitcoin’s price surge and Ethereum ETF news, Solana (SOL) has come into the spotlight, with its price climbing to the $180 zone. The latest buzz centers around the potential filing for a Solana ETF by Franklin Templeton, a prominent global asset management firm known
Following the success of its spot Ethereum ETF, Franklin Templeton is now contemplating launching an ETF for Solana. On the first day of trading, spot Ethereum ETFs received $107 million. According to a recent post, Franklin Templeton, who was among the first to provide a spot Bitcoin ETF in the
Franklin Templeton, a prominent global asset management firm, has expressed strong optimism about the future of Solana (SOL) within the cryptocurrency ecosystem. The firm’s enthusiasm has played an influential role in the recent launch of Bitcoin and Ethereum spot ETFs in the U.S. Besides Bitcoin and Ethereum, there are other
