Solana News
DJT Token Rallied 180% on Trump Rumors
The DJT token, which was minted two months ago on the Solana blockchain, rallied as much as 180% recently on an unconfirmed report that former US president Donald Trump is behind it. If the report is true, it would be the first time a presidential candidate from a major political party has created a cryptocurrency. PoliFi tokens that share the former president's name were down double digits on the news. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Bitcoin Slides to $66K, Ether Dives 5% in Market-Wide Selloff
Cryptocurrencies weren't spared as stocks, bonds, gold and oil all declined on Wednesday.
Solana Hits Record vs. Ether, Outperforms Bitcoin as AI Memecoin Frenzy and Surging Revenues Fuel Rally
Solana was the best-performing asset in the CoinDesk 20 Index through the week, advancing 11%, while BTC and ETH declined.
Solana's Crypto-Governance Hub Realms Is Under New Management
The project is spinning out of Solana Labs and its new leaders want to turn a profit.
Crypto ETFs Look Unlikely to Expand Beyond Bitcoin, Ether Under Kamala Harris, Experts Say
Several prospective issuers have filed to launch exchange-traded funds tracking smaller coins like Ripple's XRP or Solana (SOL), but the trajectory of those applications may lie with American voters.
Crypto Degens Baited an Experimental AI Bot Into Promoting a Memecoin. It's Now Up 16,000%.
Conceived as a live experiment in human interactions with AI models, the viral bot ended up shilling a memecoin called GOAT.
Ethena Labs Proposes SOL for USDe's Collateral
If the proposal is approved, SOL will join BTC and ETH within Ethena's collateral mix.
Solana Is 'Richly Valued' Versus Ether, but Could Still Outperform If Trump Gets Elected: Standard Chartered
The bank's analysts remained bullish on bitcoin and crypto in general no matter who wins the presidency in November.
Binance, FalconX and the Curious Case of 1.35M Missing Solana Tokens
Crypto prime broker FalconX didn't know who the SOL tokens belonged to until crypto exchange Binance came asking for them years later.
Len Sassaman-Themed Memecoins Surge Ahead of HBO Bitcoin Creator Documentary
Len Sassaman-themed tokens have started to populate as the late cryptographer is widely believed on Polymarket to be identified as Bitcoin's pseudonymous creator in the upcoming HBO documentary. LEN tokens on Solana and Ethereum were issued by opportunistic traders and skyrocketed over the weekend. CoinDesk's Christine Lee presents the "Chart of the Day."
