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The Solana price has surged 1.5% in the last 24 hours to trade at $207.83 on a 36% decrease in daily trading volume to $5.64 billion. The drop in the SOL price comes as Solana makes headlines in the cryptocurrency world as it outpaces both Bitcoin and Ethereum in recent performance, stirring excitement about its price outlook.  According to Arca CIO Jeff Dorman, Solana’s strong fundamentals, rising demand, and institutional interest suggest it could emulate Ethereum’s almost 200% surge since April. 📊 INSIGHT: #Solana is up 33% since early August, outperforming #Bitcoin. Arca’s Jeff Dorman says $SOL is “the most obvious long right now,” potentially set to mirror ETH’s ~200% rally. Reasons why @solana is bullish right now 👇 🔹 Potential $2.6B treasury inflows 🔹 Pending… pic.twitter.com/d9P3R3yeRq — CryptosRus (@CryptosR_Us) September 3, 2025 Solana has surged 22% in the past month and about 33% s...

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A pair of Solana (SOL)-based altcoins is dipping in price after gaining support from the largest crypto exchange by trading volume in the US. In a new thread on the social media platform X, Coinbase Assets says it is adding support for Jito Staked SOL (JITOSOL) and non-fungible token (NFT) marketplace Metaplex (MPLX). “Jito Staked SOL and Metaplex are now live on //coinbase.com and in the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” News of the support caused both assets to dip as JITOSOL is trading for $217 at time of writing, a 6.8% decrease on the day while MPLX is valued at $0.169, a fractional decrease during the last 24 hours. JITOSOL is a liquid staked token (LST) where users can earn extra rewards by staking Solana on the decentralized finance (DeFi) network Jito. Furthermore, according to its official website, the asset not only stays in your crypto wallet and accru...

The crypto arm of the French banking giant Societe Generale is launching a US dollar stablecoin on the Ethereum (ETH) and Solana (SOL) blockchains. In a new announcement, the Societe Generale-FORGE says it is launching the USD CoinVertible (USDCV), its second stablecoin after the 2023 launch of EUR CoinVertible (EURCV). Says Jean-Marc Stenger, CEO of the Societe Generale-FORGE, “After the release of a MiCA-compliant EUR stablecoin EURCV, the launch of a US Dollar version USDCV was the obvious next step for Societe Generale-FORGE as market adoption of stablecoins is growing exponentially. The stablecoin market remains largely US dollar-denominated. This new currency will enable our clients, either institutions, corporates or retail investors, to leverage the benefits of an institutional-grade stablecoin.” The French bank says that the Bank of New York Mellon Corporation (BNY) will serve as its “reserve custodian, enabling seamless integration be...

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Crypto firms are now waiting to hear back on 72 active applications for new crypto-related exchange-traded funds (ETFs). James Seyffart, an ETF analyst at Bloomberg Intelligence, compiled the list of submissions to the U.S. Securities and Exchange Commission (SEC). ETFs awaiting approval include funds tied to Solana (SOL), XRP (XRP), Sui (SUI), Litecoin (LTC), Axelar (AXL) Hedera (HBAR), BNB, Cardano (ADA), Avalanche (AVAX), Dogecoin (DOGE), Polkadot (DOT), Aptos (APT), Chainlink (LINK), Pudgy Penguins (PENGU), Official Trump (TRUMP), Melania (MELANIA) and Bonk (BONK). Other potential new ETFs are tied to a basket of currencies, and a few are based on Bitcoin (BTC) and/or Ethereum (ETH), assets that have already been approved for inclusion in other spot ETFs. Eric Balchunas, a senior ETF analyst at Bloomberg Intelligence, predicts that BTC ETFs will remain dominant regardless of the number of altcoin funds that are approved. “No Second Best? Bitcoin ETFs c...

Former Goldman Sachs executive Raoul Pal believes that one Solana (SOL) competitor looks to be in a position for a massive breakout. Pal tells his 1.1 million followers on the social media platform X that the Tom DeMark (TD) Sequential Indicator is flashing bullish for the layer-1 platform Sui (SUI). Traders use the TD Sequential Indicator to predict potential trend reversals for tokens based on the closing prices of their previous nine or 13 bars or candles. He also suggests that SUI is on the verge of breaking out of a downward channel, a bearish pattern indicating that the asset is forming lower highs and lower lows. “Sui: knock, knocking, knocking on heaven’s door.” Source: Raoul Pal/X Other analysts are also suggesting SUI may be gearing up for an explosive move. Pseudonymous trader Cheds says if SUI can break through its immediate resistance, it may start printing significant rallies. “$2.50 overhead is a long trigger.” Me...

The US Securities and Exchange Commission (SEC) has postponed decisions on multiple applications for XRP,  Litecoin (LTC), Solana (SOL) and Dogecoin (DOGE) ETFs (exchange-traded funds). The agency said in a March 11 filing  that it has “designated a longer period” to decide on the proposed rule changes that would allow the ETFs to proceed to the next stage. Bloomberg Expert Not Concerned About SEC Delay The affected ETFs include Cboe BZX Exchange’s spot Solana ETF and Grayscale’s XRP ETF filings. The SEC now has until May to reach a decision on these funds. While the SEC has declined to deliver a decision on the ETFs, Bloomberg ETF analyst James Seyffart said he “expected” the delay, calling it part of “standard procedure.” Eth staking and in-kind also delayed. Everything delayed. It's like the NYC-bound Amtrak on monday morning: "Mechanical issues in DC" — Eric Balchunas (@EricBalchunas) March 11, 2025 He added t...

One of the highly anticipated events of the year, the cryptocurrency summit, is upon us, approaching hard and fast. On the 7th of March, President Donald Trump will be hosting his first-ever crypto summit, with some of the industry’s best and brightest discussing the possibilities and potentials of the crypto domain. That being said, Trump’s announcement for the launch of a new strategic reserve has already pushed coins like Cardano (ADA), Solana (SOL), and Ripple (XRP) to new highs. Now the entire speculative spree is eyeing the crypto summit announcements, awaiting key developments that may overall help these coins soar to new highs. Also Read: Ripple: AI Predicts XRPs Price For The Cryptocurrency Summit Day (March 7) Cardano Price on Cryptocurrency Summit Day (March 7) Source: analyticsinsight.net ADA is often dubbed as one of the most “decentralized” crypto tokens to exist in the crypto space. Cardano has lately been struggling to move beyond the $1 mark; however, with i...

Recent weeks have been turbulent in the cryptocurrency market, and Solana (SOL) wasn’t spared the turmoil as it collapsed 55.25% from January 19 highs at $284.85 to February 27 lows at $127.47, only to recover marginally to $161.54 by press time on March 3. SOL YTD price chart. Source: Finbold Much like the downturn was triggered by external economic uncertainty emerging from President Donald Trump’s trade war, inflation data, and geopolitical concerns, the more recent upsurge can be traced back to the weekend cryptocurrency reserve announcement. Under the circumstances and given the possible tailwinds emerging from SOL’s inclusion in the reserve, Finbold consulted the advanced artificial intelligence (AI) of OpenAI’s ChatGPT-4o on where the token might stand at the end of 2025. Picks for you U.S. economist slams 'rationale for an ...