Solana | Crypto

Popular pseudonymous TradingView analyst Master Ananda has recommended traders to “buy like it’s the end of the world,” with stacking catalysts creating a fertile environment for growth. The post Solana’s Next Leg Up? One Analyst Thinks $420 Is Just the Beginning appeared first on Cryptonews.

Hackers took over rap group Migos’ Instagram account to post Solana co-founder Raj Gokal’s stolen personal information, including his passport and phone number, on May 27 after he refused to pay a 40 Bitcoin (BTC) ransom. Blockchain analyst ZachXBT explained on social media that the attackers gained access to one of Gokal’s email accounts days […] The post Solana’s Raj Gokal doxxed via Migos’ Instagram account after failed 40 BTC extortion bid appeared first on CryptoSlate.

Standard Chartered’s latest report warns that Solana may be a “one-trick pony,” with memecoin trading dominating its usage and now in decline. Layer-1 blockchain Solana may be evolving into a “one-trick pony” for memecoin generation and trading, according to a recent Standard Chartered report. According to a May 27 Standard Chartered research report shared with Cointelegraph, Solana “dominates in areas that demand high-volume, low-transaction-cost solutions” due to its design prioritizing fast and cheap transaction confirmation. The report suggested that this has had an unintended consequence: Standard Chartered said the memecoin frenzy served as a stress test for Solana’s scalability but came with drawbacks due to the volatility and speculative nature of such assets. As memecoin trading volumes decline, the bank warned that Solana may struggle to maintain momentum. Read more

Solana Foundation introduced the Solana Attestation Service on May 23, positioning the protocol as a trust layer for what the network’s backers call “internet capital markets.” The open-source service lets approved issuers bind off-chain credentials, such as know-your-customer results, geographic eligibility, or accreditation status, to a user’s wallet address without exposing personal data on-chain. Attestations […] The post Solana reveals attestation service to supercharge internet capital markets appeared first on CryptoSlate.

Solana price is 86% higher than its $95 lows reached on April 7, as onchain data and a classic pattern suggest that SOL may continue climbing to new all-time highs. Key takeaways: Solana's $9.4 billion TVL is a 54% increase since April 7. Solana’s memecoin daily trading volume has more than doubled since early April.  Read more

HYPE is echoing Solana’s 2021 breakout pattern, with technicals pointing to a potential 240% rally by July. Key takeaways: HYPE is mirroring Solana’s 2021 breakout structure, targeting a 240% rally by July. Familiar crypto fractals suggest HYPE could spark similar momentum-driven hype. Read more

Tokenization could pave the way for widespread micro-ownership of businesses, said Akshay BD, nCMO at the Solana Foundation. The current structure of capital markets is failing to serve a broad base of investors, according to Akshay BD, non-chief marketing officer at the Solana Foundation. During a panel at the Accelerate 2025 conference, Akshay argued that blockchain technology could help address these shortcomings, claiming that Solana could “make everyone an investor or a dreamer over time.” Akshay noted growing uncertainty among investors, citing concerns from investment managers who report heightened anxiety among clients. “You have low bond yields, you have asset price bubbles, and people don't really know how the traditional asset allocation model works anymore,” he said. The 60-40 portfolio hasn’t delivered consistent returns in a long time.” He attributed some of this tension to a widening gap between income earned through wages and wealth accumulated through asset ownership. Retail investors, he add...

Turns out the Cetus developers have been here before, as their hacker deal once saved Crema on Solana. The bounty offer to recover stolen funds from Sui-based decentralized exchange (DEX) Cetus closely resembles a successful strategy used by a Solana project three years ago. It turns out that Cetus shares the same development team as Crema Finance, a Solana-based DeFi project that suffered a $9-million hack in 2022 but recovered most of the funds by negotiating with its hacker. Now, Cetus is relying on the same strategy. Cetus is asking the hacker to return all but $6 million, or 2,324 Ether (ETH), of the stolen funds in exchange for a promise not to pursue legal action. The protocol lost $223 million to an exploit on May 22. Read more

Memecoin trading activity on Solana is tracking Bitcoin’s recovery, with the average daily trading volume rising 46% between April and May. According to Blockworks data, monthly trading volume for memecoins on Solana was $58.7 billion as of May 21, already over $1 billion higher than the volume registered in April. Additionally, memecoins accounted for 64.6% […] The post Solana memecoin average daily volume surges 46% in May, echoing Bitcoin’s recovery appeared first on CryptoSlate.

It's nearly all green across the crypto markets Thursday as Bitcoin nears $112,000, propelling the likes of Ethereum, Solana, and Dogecoin.

Solana could be on the verge of a rally to $260, but first, SOL needs to push through a tough overhead resistance level. Key takeaways: Solana’s bull flag pattern projects a rally to $260, but low spot buy volumes have analysts advising caution. After briefly dropping to $160 from $184, Solana (SOL) is attempting to reclaim a position above its key resistance at $180 for a second consecutive week. With Bitcoin (BTC) hitting an all-time high, market speculators are banking on eventual capital rotation, which could pump major altcoins like SOL toward new highs. Read more

Solana is gaining momentum in the fast-growing tokenized real-world asset space as traditional finance and DeFi gets increasingly intertwined.

Kraken is preparing to roll out a new product that will allow users in select countries outside the US to trade tokenized versions of major American stocks and ETFs 24/7. According to the May 22 announcement, the offering will include names such as Apple, Tesla, and Nvidia, with plans to expand the selection over time. […] The post Kraken to launch 24/7 trading for tokenized US stocks via Solana appeared first on CryptoSlate.

Solana Mobile revealed it will ship its Seeker smartphone with a new token called SKR, which will serve as the “native token of the Solana Mobile economy,” according to a May 21 announcement. The firm also confirmed that the smartphone will begin shipping on Aug. 4. Seeker is the second generation of the Saga smartphone, released in […] The post Solana’s new Seeker phone ships with SKR token as economic engine appeared first on CryptoSlate.

In Q1 2025, DeFi TVL decreased 64% QoQ to $6.6 billion, though TVL (SOL) rose 18%, maintaining Solana’s rank as the second-largest network by DeFi TVL. Chain GDP increased 20% QoQ as applications earned $1.2 billion, driven largely by speculative activity in January during the TRUMP token craze. DeFi saw an extremely active quarter as average daily DEX volume (USD) increased 40.8% QoQ to $4.6 billion, and the stablecoin market cap increased 145.2% to $12.5 billion. Network usage saw mixed results as average daily non-vote transactions grew 17% QoQ, while average daily fee payers declined 22%. The liquid staking rate increased from 9.1% to 10.4%, led by continued growth in Jito’s jitoSOL product. Infrastructure developments included the widespread adoption of the Agave V2.0 client and early mainnet deployment of Firedancer components. Governance votes on reward distribution and inflation mechanisms reflected increased stakeholder participation. Financially, SOL’s market cap fell 30% QoQ to $64 billion. Externa...

Vine Coin, JellyJelly, and now Dupe. Companies are launching Solana tokens as a way to market and fundraise their projects.

Solana price hit resistance at $180, but soaring network activity and a megaphone chart pattern could catalyze a move to $210. Key Takeaways: Solana formed a megaphone chart pattern with a potential $210 price target. Solana’s ecosystem growth highlights renewed investor interest with a $4 billion realized cap increase and 731 million transactions. Read more

Futures have become the leading price discovery vehicles in the crypto markets, and Solana’s YTD tape clearly supports this. After spending most of 2024 unloading risk, taker flows on Solana’s perpetual futures flipped directions in the second half of January. On Jan. 18, the 90‑day cumulative volume delta (CVD) reached a low of −261.75. Since […] The post Solana derivatives flip long for 83 straight days, yet SOL sits nearly 30% below peak appeared first on CryptoSlate.

Over 80% of investors are betting on the approval of a Solana and Litecoin ETF in 2025, despite the latest delay from the SEC. The US Securities and Exchange Commission (SEC) has pushed back its decision on a proposed spot Solana exchange-traded fund (ETF), with the cryptocurrency industry now looking to the deadlines for the Polkadot and XRP-based ETFs in June. The SEC pushed its decision on listing Grayscale’s spot Solana (SOL) Trust ETF on the New York Stock Exchange (NYSE) to October 2025, according to a May 13 filing by the securities regulator. The decision came the week after the SEC delayed its ruling on Canary Capital’s Litecoin (LTC) ETF, Bloomberg Intelligence analyst James Seyffart wrote in a May 5 X post. Read more

Rooted in warmth and sunshine, boosted by pop culture, the name Solana is now one of America's most popular baby names.