Solana is launching a Swiss-based research institute and practitioner guide to help European financial institutions evaluate its blockchain as regulatory clarity and onchain usage grow. Solana is launching a Swiss-based research body to help financial firms interpret evolving crypto regulations, as competition intensifies between public blockchains and permissioned networks for institutional adoption. The Solana Research Institute (SRI), founded by former Euroclear executive Angus Scott, is debuting alongside a roughly 60-page report aimed at senior financial practitioners evaluating the network, according to a Thursday release shared with Cointelegraph. Contributors include the Solana Foundation, Jito, R3 and Figment. The initiative is designed to help institutions navigate frameworks such as Europe’s Markets in Crypto Assets Regulation (MiCA) framework and the United States’ Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, as regulatory clarity begins to shape how firms engage w...
Shinhan Card signed a deal with Solana Foundation to expand stablecoin payment tests and explore non-custodial wallets and DeFi-based services. One of South Korea’s largest credit card providers, Shinhan Card, signed a memorandum of understanding with the Solana Foundation to test stablecoin payment technology and explore the use of non-custodial wallets through a more advanced follow-on proof of concept (PoC). Following a joint pilot project completed at the beginning of April, the new partnership will conduct a more “advanced” PoC to explore the commercial feasibility of stablecoin payments for merchants and customers seeking an improved payment experience, Shinhan Card announced on Thursday. The partnership will also explore developing a “hybrid financial model” that combines traditional finance (TradFi) and decentralized finance (DeFi) infrastructure. Read more
A bullish signal from Solana’s MACD indicator hinted at a potential rally, though resistance at $90 could delay the recovery. Solana’s (SOL) MACD indicator sent a “buy” signal on its weekly chart, an occurrence that has historically preceded parabolic rallies. Key takeaways: Solana’s MACD indicator sent a “buy” signal that has led to a 100%-860% SOL price rallies in the past. Read more
The integration with Marinade Finance lets clients earn yield via validator selection strategies while retaining custody and control within a single platform. Anchorage Digital has integrated Marinade Finance into its platform, allowing institutional clients to stake Solana tokens through automated validator strategies while maintaining custody of their assets. According to Thursday’s announcement, the integration gives clients direct access to Marinade’s staking strategies within Anchorage’s custody and wallet infrastructure, including its Porto self-custody wallet, without requiring external applications. The setup separates staking delegation from withdrawal control, allowing institutions to participate in validator selection and yield generation while retaining asset control. Read more
The GSR Crypto Core3 ETF is GSR's first crypto exchange-traded product, giving investors access to the top three largest cryptocurrencies by market capitalization. Institutional crypto trading platform GSR launched its first crypto exchange-traded fund on Wednesday, recording nearly $5 million in trading volume on its first trading day. The GSR Crypto Core3 ETF (BESO) tracks the spot price of Bitcoin (BTC), Ether (ETH) and Solana (SOL) and offers staking rewards, GSR said in a statement on Wednesday. In a separate post on X, GSR said it will be adopting a “dynamic allocation strategy” to optimize returns for the fund, which carries a 1% management fee. Read more
SOL’s steady recovery alongside the wider crypto market has traders debating whether $100 could be the next stop for the altcoin. Key takeaways: Solana maintains its market dominance in DEX volume and TVL despite SOL’s underperformance versus its peers. Easing sell pressure from volatile geopolitics and a resurgence in memecoin activity could catalyze a SOL price rally to $100. Read more
Solana’s declining DEX volumes raise the likelihood of a SOL price correction to $75, but the network’s DApp revenue highlights its resilience. Key takeaways: Solana outperforms Ethereum in high-revenue DApps, providing a fundamental cushion against recent price drops. Rising Ethereum Layer-2 dominance challenges SOL as traders monitor the critical $80 support level for a retest. Read more