Solana News
Bitcoin Could Reach $40K By End of Year: Analyst
Edward Moya, OANDA Senior Market Analyst of The Americas, discusses why he thinks bitcoin (BTC) could end the year around the $40,000 level, citing the recent macroeconomic backdrop and the recent flurry of spot bitcoin ETF filings in the U.S. Plus, Moya addresses the possible market reaction to Robinhood ending support for Cardano (ADA), Polygon (MATIC) and Solana (SOL).
Solana-Based Crypto Lending Platform Jet Pivots to Fixed-Rate Term Lending
The project's new model uses an order book to match borrowers and lenders, relying on a market-based mechanism to set interest rates.
Blockchain Staking Provider Chorus One Expands to Peer-to-Peer Network Urbit
Chorus One's bet on Urbit's future growth is described by executives as a natural extension of the company's staking services on blockchains including Ethereum, Solana, Cosmos and Polkadot.
Robinhood Ends Support for Some Tokens Named in SEC Lawsuit as Securities
Robinhood (HOOD), the popular trading platform, will end support for Cardano (ADA), Polygon (MATIC) and Solana (SOL), tokens that were named as securities in recent SEC lawsuits against Binance and Coinbase. Separately, Binance.US says it's transitioning to an all-crypto exchange as of June 13, citing pressures from the SEC. The Hash" panel discusses how the crypto industry is impacted by the regulator's recent actions.
Solana Foundation: SOL Is 'Not a Security'
The native token of the Solana blockchain, SOL, was alleged to be an unregistered security in this week’s SEC lawsuits against crypto exchanges Binance.US and Coinbase.
Kraken NFT Marketplace Launches With Support for Ethereum, Solana and Polygon Collections
Now out of its public beta test, the platform has expanded to include over 250 NFT collections.
Active Addresses on Blockchain Hit All-Time High: A16z Data
According to a16z crypto's State of Crypto Index, active addresses across various blockchains hit an all-time high for the second month in a row in May. The venture fund notes 19.47 million active addresses across blockchains including Ethereum, Polygon, Solana, Optimism, and more. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
DeFi Unfazed by SEC's Classification of Tokens as Securities
These forces will likely only drive “more financial activity to DeFi,” one trader said.
BNB Drops to 6-Month Low as ADA, MATIC, SOL Lead Altcoin Tumble
Cryptocurrencies the SEC characterized as securities in recent lawsuits led the drop among altcoins, while BTC traded mostly flat.
Find Satoshi Labs Rolls Out AI Tool That Turns Selfies Into NFTs
The parent company behind Web3 game STEPN is releasing GNT V3, which will allow users to turn their selfies into digital artworks on the Solana blockchain.
