Solana News

Solana News

Markets

Bitcoin’s derivatives-led rally is already unraveling. Prices are back below $75,000

Bitcoin briefly surged to a six-week high above $75,000 before quickly retreating, underscoring the fragility of the latest rally.

BTC's price falls back below $75K. (CoinDesk)

Finance

Investment firm Multicoin bets 'Internet Labor Markets' will drive crypto’s next wave of adoption

According to the firm, the next wave of users that will onboard into crypto will be thanks to networks where users earn crypto by contributing work rather than buying tokens outright.

(imaginima/Getty Images)

Markets

Solana, XRP ETFs take different paths as crypto investors pile in

Solana funds are seeing more institutional demand, while the XRP products are retail investor favorites, according to a Bloomberg report.

CoinDesk

Finance

Jito Foundation acquires and revives SolanaFloor following shutdown over $27 million exploit

The acquisition follows SolanaFloor's shutdown last month due to a $27 million exploit linked to its parent company, Step Finance.

Stacks of 100 dollar bills (Dmytro Glazunov/Unsplash/Modified by CoinDesk)

Finance

Japan prime minister Sanae Takaichi disavows Solana memecoin after it crashes by 75%

Japan’s prime minister says she has no knowledge of or involvement in a Solana-based meme token that briefly reached a $27.7 million market cap before tumbling.

Close up of the red circle at the center of the Japanese flag. (DavidRockDesign/Pixabay)

Tech

A former Solana exec is taking a page out of Wall Street playbook to make global crypto trades faster

The goal is to reduce Solana’s growing geographic concentration in Europe and introduce multicast functionality.

Stablecoin networks (Unsplash, modified by CoinDesk)

Videos

Solana’s vision for real-world value in APAC

Solana Foundation’s Head of APAC, Lu Yin, joins CoinDesk Live at Consensus Hong Kong to break down why Solana is the emerging infrastructure for global finance. In this interview, Yin explores the transition toward Internet Capital Markets, where global assets and payments settle natively on-chain. From navigating Asia's complex regulatory landscape to scaling for 3,000+ builders, discover how Solana is bridging the gap between Wall Street and the APAC region.

CoinDesk

Finance

Step Finance shuts operations after $27 million January hack

Step is working on a buyback for holders of native token STEP based on a snpashot of holdings and value prior to the incident.

Closed sign (Tim Mossholder/Unsplashed, modified by CoinDesk)

Markets

ETH, SOL, XRP extend losses as AI scare trade unsettles risk markets

Analysts warn that bitcoin's prolonged failure to break above its current range is tilting the technical outlook toward the bears.

ghost, balloon, phantom

Finance

Solana Company starts building high-speed infrastructure to prepare SOL for next 'super cycle'

The initiative targets institutional demand across Asia-Pacific, offering DeFi tools, liquid staking, and execution services designed for traditional finance firms entering the crypto space.

Solana portfolio shown on a laptop (Amjith S/Unsplash)