Solana | Crypto

Solana’s memecoin race gets a shakeup as LetsBonk overtakes Pump.fun in daily revenue, while TradFi and DeFi move closer to convergence. Pump.fun lost the top spot in the Solana memecoin launchpad rankings for the first time since its release, hinting at a shift in the memecoin sector.  As Cointelegraph previously reported, a newly created memecoin launchpad called LetsBonk flipped Pump.fun in daily protocol revenue, according to DefiLlama. While overall network activity shows a potential reshuffle instead of an expansion, some metrics indicate that Solana may be on the rise, with a potential expansion in memecoin activity.  In addition, decentralized finance (DeFi) and traditional finance (TradFi) may converge sooner than people think. Nelli Zaltsman, head of blockchain payments innovation at JPMorgan’s Kinexys, said this could happen in the next few years.  Read more

China’s Chang’an blockchain hits 100K TPS — but don’t mention “crypto”, Japan’s Minna Bank looks to issue stablecoins on Solana, Asia Express Beijings state media is rallying behind Changan Chain, a homegrown blockchain infrastructure hailed as a solution to Chinas root problem of digital sovereignty. A profile on Qianlong.com credits researcher Dong Jin and his team for building a fully open-source and state-backed blockchain stack now powering national digital projects. Though little-known outside China, Changan Chain has gone through 21 iterations over six years and now claims to handle over 100,000 transactions per second a benchmark often cited by next-generation blockchains aiming to match the scale of traditional financial networks. It is reportedly being used in Chinas nationwide real estate registration system and by companies to digitize supply contracts, allowing banks to verify supplier relationships and accelerate loan approvals. Read more

Crypto mining company BIT Mining has strategically moved into the Solana ecosystem, sending its stock to a three-year high. On July 10, the company disclosed its strategic expansion, which includes plans to raise between $200 million and $300 million to establish a strategic Solana reserve. As part of the transition, BIT Mining intends to convert […] The post BIT Mining’s Solana move sparks stock surge to three-year high appeared first on CryptoSlate.

Bit Mining’s stock price surged 350% in pre-market trading after announcing a strategic pivot into the Solana ecosystem. Bitcoin mining firm Bit Mining is making a strategic shift into the Solana ecosystem, with plans to raise up to $300 million to support the move. The company said on Thursday it plans to raise between $200 million and $300 million in different phases to build a sizable Solana (SOL) token treasury. The capital will also be used to expand its capabilities within the network and acquire more tokens. As part of the plan, Bit Mining said it will convert some of its existing crypto holdings into SOL and adopt a long-term holding strategy. It did not specify how much of its reserves would be converted initially. Read more

The first US-listed spot Solana exchange-traded fund (ETF) received $21 million of net inflows on July 8, lifting its running total to $41.2 million, based on Farside Investors’ data.  The one-day addition to the Rex-Osprey’s Solana + Staking ETF (SSK) 104% of the $20.2 million raised over the previous three trading sessions, effectively doubling net […] The post Rex-Osprey spot Solana ETF doubles cumulative inflows to $41M on July 8 appeared first on CryptoSlate.

SOL’s chart projects further upside despite the SEC delaying a decision on a Solana ETF approval. Key point: SOL’s narrowing range suggests a potential range expansion in the next few days. The possibility of an upside breakout remains high as the bulls buy on every minor dip. Fidelity Investments’ proposed spot Solana (SOL) exchange-traded fund has been delayed as the US Securities and Exchange Commission has asked for public comments within 21 days and rebuttals within 35 days.  Read more

Solana’s tokenized stock market hit $48.53 million on July 4, up more than threefold from $15.28 million on June 20, according to on-chain data tracked by rwa.xyz. Solana’s tokenized stocks capitalization expanded more than threefold in two weeks, outpacing every other tracked network during the period.  Furthermore, the tokenized stock market on Solana represented 11.4% […] The post Solana’s tokenized stock market more than triples in two weeks to hit $48M appeared first on CryptoSlate.

After first launching on Avalanche, the GUN token from shooter game Off the Grid is now coming to Solana—and maybe more chains ahead.

[PRESS RELEASE – Robinson Point, Singapore, July 7th, 2025] GUNZ, the L1 blockchain ecosystem that powers the groundbreaking AAA game Off The Grid (OTG), today announced the expansion of its $GUN token to the Solana blockchain. This strategic move brings part of the $GUN token’s circulating supply to Solana, enhancing accessibility for U.S. (and global) […]

Gemini predicts that Bitcoin nearing its record price will set the tone for a broad bull run through late-2025, with institutional demand, potential spot ETFs and easing rules seen lifting XRP to $20, Solana to $500 and Cardano to $5.66 while early-stage tokens track sentiment. The post Google’s Gemini AI Predicts the Price of XRP, Solana and Cardano by the End of 2025 appeared first on Cryptonews.

A fake GitHub repository posing as a Solana trading bot was used to distribute obscured malware that stole crypto wallet credentials, according to cybersecurity firm SlowMist. A GitHub repository posing as a legitimate Solana trading bot has been exposed for reportedly hiding crypto-stealing malware. According to a Friday report by blockchain security firm SlowMist, the now-deleted solana-pumpfun-bot repository hosted by account “zldp2002” mimicked a real open-source tool to harvest user credentials. SlowMist reportedly launched the investigation after a user found that their funds had been stolen on Thursday. The malicious GitHub repository in question featured “a relatively high number of stars and forks,” SlowMist said. All code commits across all its directories were made about three weeks ago, with apparent irregularities and a lack of consistent pattern that, according to SlowMist, would indicate a legitimate project. Read more

A Japanese digital-native bank is exploring stablecoins for real-world payments and finance, signaling rising institutional interest in Solana’s infrastructure.

Backpack halted trading for scheduled maintenance at 10 a.m. UTC on July 3 and reopened two hours later, but the restart triggered account errors that forced CEO Armani Ferrante to promise reviews and compensation. Backpack had warned users on X that the platform would go offline at 10 a.m., enter post-only mode at noon, and […] The post Post-maintenance mishap on Solana’s Backpack triggers incorrect futures orders, balance reports appeared first on CryptoSlate.

Wave of fake Solana dev group chats in South Korea follows ETF debut, Indian crypto taxes blamed for coin delistings: Asia Express. All services claiming to offer access to JD.coms stablecoin are fraudulent, the Chinese e-commerce giant said in a statement posted on Weibo, a microblogging platform. JD.com said entities are misleading the public by claiming to have partnered with its Hong Kong subsidiary, JD CoinLink. The company emphasized that it has not issued a stablecoin at this point or formed any such partnerships. Fraudulent campaigns are emerging in parallel, according to multiple WeChat accounts warning against stablecoin scams. Fraudulent campaigns are promising users 5,000 JD.com stablecoins for signing up and additional rewards for referring friends. Read more

Solana dominated major cryptocurrencies in real economic value (REV) and DEX volumes during the first half of 2025, according to Helius’ “Solana Ecosystem Report H1 2025.” The report highlighted that Solana has led all blockchains in REV since October 2024 and reached $551 million in January 2025.  REV is a metric that measures the monetary […] The post Solana dominates real value rankings, DEX volume during H1 appeared first on CryptoSlate.

DeFi Development Corp has unveiled plans to raise $100 million through a private offering of convertible senior notes to strengthen its Solana-focused treasury strategy as anticipation for potential U.S. approval of Solana exchange-traded funds (ETFs) ramps up. DeFi Development Corp. said proceeds will be used partly to repurchase its own shares through a prepaid forward […] The post DeFi Development Corp. to raise $100M for Solana treasury acquisitions ahead of ETF launches appeared first on CryptoSlate.

Crypto price prediction today: Bitcoin has added 1% after weeks of stagnation, encouraging speculation that a summer rally could emerge. XRP’s court victory, Solana’s ETF hopes and Cardano’s expanding institutional interest have supported projections of new all-time highs across leading altcoins. The post Crypto Price Prediction Today 2 July – XRP, Solana, Cardano appeared first on Cryptonews.

A Kraken spokesperson told Decrypt that the company is working to bring xStocks to chains beyond Solana.

Stocks like Nvidia, Tesla, and Strategy are now tokenized on Solana and trading via Kraken and other platforms. Here's what you need to know.

The Securities and Exchange Commission (SEC) has approved the proposal to convert the Grayscale Digital Large Cap Fund into an exchange-traded fund (ETF), completing the conversion of the crypto index product into an ETF structure.  According to a July 1 filing, the ETF will issue trust units that track a basket of the five largest […] The post SEC approves Grayscale Index ETF conversion, clears Solana, XRP, Cardano for spot trading appeared first on CryptoSlate.