Research
Unpacking Solana’s surge in the shadow of Bitcoin rally
The significant growth in TVL, driven largely by Marinade Finance, highlights Solana's potential, but also raises questions about its reliance on a few major protocols.
Solana
Latest stories
Bankruptcy
Bankrupt FTX moves $156M worth of assets including Ethereum and Solana
FTX creditor's claim has risen to more than 50 cents on the dollar after Google committed $2 billion to Anthropic.
Investments
Inflows into crypto investment products reach highest level in 15 months
CoinShares attributed this record inflow to the optimism surrounding a spot Bitcoin ETF approval.
DeFi
Solana DeFi protocol Marinade Finance restricts UK access following new FCA rules
Several crypto firms and protocols have left the U.K. due to their inability to adapt to the new regulations.
Investments
Lido sunsets Solana staking due to lack of funds; halts deposits effective immediately
The protocol said it would terminate support to its Solana frontend by February 2024.
Bankruptcy
FTX liquidators stake $150M in Ethereum and Solana tokens during weekend
FTX liquidators staked the assets via Figment, a staking service provider.
Analysis
Ethereum futures ETFs launch to tepid demand; Bitcoin and Solana remain favored investment products
Bitcoin and Solana investment products dominates the $78 million inflows recorded for digital assets investment products last week.
DeFi
Solana DeFi ecosystem rallies amid strong headwinds
Solana's ecosystem is enjoying notable growth this year, scoring adoptions from Visa, Shopify, and other major traditional institutions.
Investments
Bitcoin, Solana products lead first crypto investment inflow since mid-August
U.S. investors, however, remain cautious, withdrawing over $19 million from crypto instruments this week.
Bankruptcy
FTX court filing reveals $7B in assets as firm aims to complete bankruptcy process by second quarter 2024
The court filings showed that more than 75 firms are bidding for FTX or its assets as the company undergoes radical restructuring.
DAOs
Solana co-founder backs Ethereum amid MakerDAO fork consideration
Ethereum co-founder Vitalik Buterin sold all his MakerDAO's MKR tokens in reponse to the news.
Tokenization
Solana NFT protocol Cardinal to halt operations in August
The team said its code would remain open-source for anyone to easily redeploy a new version.
