Neuigkeiten

According to Foresight News, Bitwise CEO Hunter Horsley expressed his excitement as Solana reached a new all-time high today. Horsley remarked on the achievement, stating that the Solana ecosystem deserves such recognition and extended his congratulations to those who have maintained their belief in the project. In related developments, Foresight News previously reported that Cboe submitted an application to the U.S. Securities and Exchange Commission (SEC) yesterday. The application includes the listing of four Solana spot ETFs, one of which involves Bitwise. This move marks a significant step in the expansion of Solana's presence in the financial markets, potentially increasing its accessibility to a broader range of investors. The application is part of a growing trend of interest in cryptocurrency-based financial products, reflecting the increasing integration of digital assets into traditional financial systems.

On Nov 22, 2024, 03:15 AM (UTC), according to Binance Market Data, SOL achieved a new all-time high, trading at 261.27 USDT. The 24-hour increase of 11.45%

According to PANews, Bloomberg ETF analyst James Seyffart reported that the Cboe BZX Exchange has filed a proposal to list and trade four Solana-related ETFs on its platform. These ETFs are initiated by Bitwise, VanEck, 21Shares, and Canary Funds, and are categorized as 'commodity-based trust fund shares' under rule 14.11(e)(4). If the U.S. Securities and Exchange Commission (SEC) formally accepts the proposal, the final approval deadline is anticipated to be in early August 2025. The proposal marks a significant step for the Cboe BZX Exchange as it seeks to expand its offerings in the cryptocurrency sector. Solana, known for its high-performance blockchain, has gained considerable attention in the digital asset space, and the introduction of these ETFs could provide investors with new opportunities to engage with Solana-related assets. The involvement of prominent firms like Bitwise, VanEck, 21Shares, and Canary Funds underscores the growing interest and confidence in Solana's potential. The SEC's decision on this proposal will be closely watched by market participants, as it could set a precedent for future cryptocurrency-related ETFs. The approval process will involve a thorough review to ensure compliance with regulatory standards and investor protection measures. If approved, these ETFs could enhance the accessibility and appeal of Solana investments to a broader range of investors, potentially influencing the overall market dynamics.

According to Odaily, discussions between the U.S. Securities and Exchange Commission (SEC) and issuers of a spot Solana (SOL) Exchange-Traded Fund (ETF) have made significant progress. Fox journalist Eleanor Terrett reported on the X platform that two informed sources revealed the SEC is currently processing S-1 applications related to the ETF. These sources indicated that in the coming days, it is "very likely" that exchange representatives for potential issuers will submit several 19b-4 forms, marking the next step in the ETF approval process.Currently, companies such as VanEck, 21Shares, and Canary Capital have already submitted their S-1 applications for the Solana ETF. Additionally, Bitwise announced its intention to file an S-1 application yesterday. This development marks a crucial phase in the potential launch of a Solana ETF, as the submission of 19b-4 forms is a critical component of the regulatory approval process. The progress in these discussions highlights the growing interest and efforts to introduce a Solana-based ETF in the U.S. market, which could provide investors with a new avenue to gain exposure to the cryptocurrency.

According to PANews, a whale account has made a substantial acquisition of Solana (SOL) tokens over the past two days. The account purchased 100,000 SOL, valued at approximately $23.86 million, and has staked the entire amount. This recent transaction brings the account's total holdings to 231,919 SOL, with an estimated value of around $55.58 million.

According to PANews, Bitwise has taken a significant step by filing documents with the Delaware Department of State to register its first Solana-related Exchange-Traded Fund (ETF). This move marks Bitwise's entry into the Solana investment space, reflecting the growing interest and potential in Solana's blockchain technology.The filing indicates Bitwise's strategic approach to expanding its portfolio of cryptocurrency investment products. Solana, known for its high-speed and low-cost transactions, has gained substantial attention in the crypto market, making it an attractive option for investors seeking diversified exposure to digital assets. Bitwise's decision to focus on Solana aligns with the increasing demand for innovative blockchain solutions and the potential for significant returns.This development comes amid a broader trend of financial institutions exploring cryptocurrency ETFs as a means to offer investors regulated and accessible ways to invest in digital currencies. By pursuing a Solana-related ETF, Bitwise aims to capitalize on the blockchain's unique features and the growing interest from institutional and retail investors alike. The registration process in Delaware is a crucial step in bringing this investment product to market, subject to regulatory approvals and market conditions.

According to Odaily, recent data reveals that cross-chain transfers to Solana have exceeded $200 million over the past week. Notably, one-third of these funds were transferred using the deBridge cross-chain protocol. This significant influx of capital highlights the growing interest and confidence in Solana's blockchain ecosystem. The use of deBridge, a prominent cross-chain protocol, underscores its role in facilitating seamless transfers across different blockchain networks. As the cryptocurrency market continues to evolve, Solana's ability to attract substantial investments through cross-chain mechanisms positions it as a key player in the blockchain space. The data reflects a broader trend of increasing cross-chain activity, as investors and developers seek efficient and cost-effective ways to move assets across various blockchain platforms. Solana's robust infrastructure and scalability have made it an attractive destination for such transfers, further solidifying its reputation in the industry. As the market dynamics shift, the role of cross-chain protocols like deBridge becomes increasingly crucial in supporting the interoperability and fluidity of digital assets across diverse blockchain networks.

According to Odaily, the cryptocurrency market has witnessed a decline in Solana's (SOL) value, as it fell below the 240 USDT mark. Currently, SOL is trading at 238.96 USDT, reflecting a 24-hour decrease of 0.59%. This downturn is part of a broader trend affecting various digital currencies, as market volatility continues to influence trading activities.The recent price movement of Solana highlights the ongoing fluctuations within the cryptocurrency sector. Investors and traders are closely monitoring these changes, as they can impact investment strategies and market dynamics. The decline in SOL's value is indicative of the challenges faced by cryptocurrencies in maintaining stability amidst external economic factors and market sentiment.As the market evolves, stakeholders are advised to stay informed about the latest developments and trends. The performance of Solana and other cryptocurrencies remains a focal point for analysts and investors seeking to navigate the complexities of the digital asset landscape. The current trading environment underscores the importance of vigilance and adaptability in response to market shifts.

According to CoinDesk: Solana (SOL) appears poised to outperform Bitcoin (BTC) as bullish technical patterns emerge, backed by record-breaking activity on Solana-based decentralized exchanges (DEXs). The SOL/BTC ratio has broken out of an eight-month triangular consolidation, signalling potential sustained upward momentum.SOL/BTC Breakout Signals Bullish MomentumThe SOL/BTC ratio rose by over 1% last week, marking the end of a prolonged stalemate between bulls and bears. This breakout suggests that buyers are now leading price action, with the Moving Average Convergence/Divergence (MACD) histogram crossing above zero to confirm a bullish trend shift.Record DEX Trading VolumesSolana-based DEXs registered an unprecedented $41.6 billion in weekly trading volume, more than doubling the previous week’s activity and surpassing the combined $37.9 billion volume of Ethereum, Base, and Binance Smart Chain (BSC), according to Artemis data.Ethereum: $14.3 billionBase and BSC: Over $11 billion eachSolana’s robust activity underscores its rising appeal among retail investors, particularly for trading memecoins, further bolstering the bullish outlook for SOL.Competitive Edge in RevenueSolana continues to rival Ethereum in fee revenue, despite being known for its low-cost transactions. Solana-based DEX Raydium generated $72.83 million in fees over the past week—8% more than Ethereum’s $67 million. Bitcoin, by comparison, generated $15 million in fee revenue during the same period, highlighting Solana’s competitive advantage in transaction efficiency.OutlookWith the SOL/BTC ratio’s breakout aligning with record DEX activity and strong fundamentals, Solana’s momentum appears to be building. As Solana establishes itself as a leader in decentralized trading and fee generation, its prospects for outperforming Bitcoin look increasingly promising.

According to Odaily, recent data from SolanaFloor indicates that Solana (SOL) has achieved a new milestone in its market capitalization, reaching approximately $116 billion. This marks a historic high for the cryptocurrency, reflecting its growing prominence in the digital asset market. The surge in Solana's market value underscores the increasing interest and investment in blockchain technologies and cryptocurrencies. As Solana continues to expand its ecosystem and attract more developers and users, its market performance has shown significant growth. This development is part of a broader trend where digital currencies are gaining traction among investors seeking alternatives to traditional financial instruments. Solana's rise in market capitalization is also indicative of the broader acceptance and integration of blockchain solutions in various sectors. The platform's ability to offer fast and cost-effective transactions has made it a preferred choice for many decentralized applications and projects. As the cryptocurrency landscape evolves, Solana's position as a leading blockchain network is likely to influence future market dynamics.

According to BlockBeats, as of November 17, data from 8marketcap reveals that Solana's market capitalization has reached $112.31 billion. This significant valuation places Solana ahead of major corporations such as Sony and Medtronic in terms of global asset market capitalization. Currently, Solana ranks as the 165th largest asset by market capitalization worldwide. This development highlights the growing influence and adoption of Solana within the cryptocurrency market. Solana's rise in market value reflects its increasing popularity among investors and its potential as a leading blockchain platform. The cryptocurrency's ability to surpass well-established companies like Sony and Medtronic underscores the rapid evolution and impact of digital assets in the global financial landscape. The achievement marks a milestone for Solana, showcasing its competitive edge and the confidence investors have in its technology and future prospects. As the cryptocurrency market continues to evolve, Solana's position among the top global assets signifies its potential to play a significant role in the future of digital finance.

According to Odaily, the cryptocurrency market has witnessed a significant development as the SOL/ETH exchange rate has surged to a new all-time high. The rate reached 0.07686, marking a notable milestone for Solana against Ethereum. As of the latest reports, the rate stands at 0.07551, reflecting a 24-hour increase of 7.12%. This upward trend highlights Solana's growing strength in the cryptocurrency market, as it continues to gain traction among investors and traders. The recent performance of SOL against ETH underscores the dynamic nature of the crypto landscape, where digital assets frequently experience rapid fluctuations in value. Market participants are closely monitoring these developments, as they could signal broader trends within the industry. The rise in the SOL/ETH rate is part of a larger pattern of volatility that characterizes the cryptocurrency market. Investors are advised to stay informed about market conditions and potential risks associated with trading digital currencies. As Solana continues to perform strongly, it remains a focal point for those interested in the evolving dynamics of cryptocurrency exchanges.

According to BlockBeats, Solana (SOL) has experienced a significant price increase, reaching $239.63. This marks a 7.89% rise over the past 24 hours. The current price is just 8.45% short of its previous peak of $259.9, which was recorded during the last bull market on November 6, 2021. This recent surge in Solana's value highlights the cryptocurrency's ongoing momentum in the market. Investors and analysts are closely monitoring these developments, as the price approaches its historical high. The increase in Solana's price is part of a broader trend observed in the cryptocurrency market, where several digital assets have shown notable gains. Market participants are keenly observing whether Solana will continue its upward trajectory and potentially surpass its previous all-time high. The cryptocurrency's performance is being watched as an indicator of broader market trends and investor sentiment. As Solana nears its previous peak, it remains a focal point for those interested in the dynamics of the digital currency market.

According to Binance market data, SOL has broken through the $230 USDT mark, currently trading at $231.78 USDT. The token recorded a 24-hour increase of 4.92%, reflecting its ongoing upward momentum.

Matthew Sigel, Head of Digital Asset Research at VanEck, has expressed strong confidence that a Solana (SOL) exchange-traded fund (ETF) will be approved and listed for trading by the end of 2025.

According to Odaily, Matthew Sigel, the Head of Digital Asset Research at VanEck, has expressed optimism about the potential launch of a Solana ETF by the end of next year. This statement was shared by Nate Geraci, President of The ETF Store, on the X platform. Sigel's comments highlight the growing interest and anticipation surrounding Solana's integration into the ETF market, which could mark a significant development in the digital asset space. The potential introduction of a Solana ETF reflects the increasing recognition of Solana's capabilities and its position within the cryptocurrency ecosystem. As the digital asset market continues to evolve, the possibility of a Solana ETF could attract more institutional investors, providing them with a regulated and accessible way to invest in Solana. This development aligns with the broader trend of traditional financial institutions exploring opportunities within the cryptocurrency sector, aiming to offer diversified investment products to their clients. The anticipation of a Solana ETF launch underscores the dynamic nature of the cryptocurrency market and the ongoing efforts by asset management companies to expand their offerings. If realized, the introduction of a Solana ETF could enhance the visibility and adoption of Solana, further solidifying its role as a prominent player in the digital asset landscape. As the market awaits further developments, stakeholders remain attentive to regulatory approvals and market conditions that could influence the timeline and success of such an ETF.

According to Odaily, the cryptocurrency market has witnessed a decline in Solana's (SOL) value, as it recently fell below the 210 USDT mark. Currently, SOL is trading at 211.19 USDT, reflecting a 24-hour decrease of 1.45%. This downturn highlights the ongoing volatility within the digital currency market, where prices can fluctuate significantly within short periods.The recent dip in Solana's price is part of a broader trend affecting various cryptocurrencies, as market participants react to a range of economic factors and investor sentiment. Such fluctuations are not uncommon in the crypto space, where external influences, including regulatory developments and macroeconomic indicators, can impact trading behaviour and asset valuations. As traders and investors navigate these changes, the market remains dynamic, with the potential for both upward and downward movements in asset prices.

According to PANews, recent data from SolanaFloor reveals that Solana's blockchain has reached a historic milestone, with its daily decentralized exchange (DEX) trading volume accounting for 42% of the total. This achievement significantly surpasses the trading volumes of other public blockchains, highlighting Solana's growing prominence in the decentralized finance (DeFi) sector. The surge in Solana's DEX trading volume underscores the platform's increasing adoption and efficiency in handling transactions. Solana's unique architecture and high throughput capabilities have contributed to its ability to process a large number of transactions swiftly, making it a preferred choice for traders and developers alike. This development is a testament to Solana's robust infrastructure and its potential to challenge established blockchains in the DeFi space. As Solana continues to gain traction, its ecosystem is expected to expand further, attracting more projects and users. The blockchain's ability to maintain low transaction costs while offering high-speed processing is a key factor driving its popularity. This record-breaking performance in DEX trading volume is likely to bolster confidence among investors and developers, paving the way for more innovations and applications on the Solana network.

According to CoinDesk: In response to a pro-crypto sentiment following Donald Trump’s recent election victory, Robinhood has expanded its cryptocurrency offerings, adding Solana (SOL), Pepe (PEPE), Cardano (ADA), and XRP to its platform. This addition comes as the industry anticipates a regulatory shift, with Trump’s administration likely to replace key figures at the U.S. Securities and Exchange Commission (SEC) known for their stringent stance on digital assets.With the inclusion of these new assets, Robinhood now offers trading in 19 cryptocurrencies to U.S. customers. The expansion aligns with Coinbase’s recent move to also add PEPE, signaling a broader trend among exchanges to expand crypto offerings as the market anticipates clearer regulatory guidelines.Trump’s administration is expected to foster a more favorable regulatory environment, easing restrictions and possibly removing SEC Chair Gary Gensler, who has been critical of the crypto industry. Gensler’s SEC has previously targeted crypto exchanges for allegedly offering unregistered securities, prompting Robinhood to delist certain assets, including SOL and ADA. The recent additions of these assets may indicate renewed confidence in the regulatory outlook.In a statement, Robinhood’s VP and General Manager of Crypto, Johann Kerbrat, said, “We’ve consistently heard from our customers that they want access to more digital assets, and we’re excited to continue expanding our crypto offering.” The crypto industry remains optimistic that Trump’s presidency could provide much-needed clarity around digital asset regulations, encouraging further innovation and growth.The market reacted positively, with slight gains in the newly listed assets and Bitcoin hitting a new all-time high above $91,000, signaling increased confidence from investors in a more supportive regulatory landscape.

According to Odaily, the cryptocurrency market witnessed a brief surge in Solana's (SOL) price, which momentarily exceeded 210 USDT. As of the latest update, SOL is trading at 209.31 USDT, marking a 24-hour increase of 0.92%. This fluctuation highlights the ongoing volatility in the cryptocurrency market, where prices can shift rapidly within short timeframes. The recent movement in Solana's price reflects broader market trends, where digital assets often experience swift changes due to various factors, including investor sentiment, market speculation, and external economic influences. Traders and investors are closely monitoring these developments, as they can present both opportunities and risks in the dynamic landscape of cryptocurrency trading. As the market continues to evolve, participants are advised to stay informed about the latest trends and price movements. The current performance of Solana underscores the importance of vigilance and strategic decision-making in navigating the complexities of the cryptocurrency market.