Solana

Solana is an open source project implementing a new, high-performance, permissionless blockchain. Solana is a general purpose blockchain similar to Ethereum. End user applications as of now include decentralized finance (DeFi), non-fungible tokens (NFT), marketplaces, games, and more. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.

Pump.fun's public token sale for its PUMP cryptocurrency raised $500 million after selling out rapidly in roughly 12 minutes. PUMP Token Sale Sells out, Raising $500 Million for Platform Expansion The initial coin offering (ICO) — a crowdfunding method for new digital tokens — launched July 12 at 2 p.m. UTC. Pump.

Solana's Pump.fun Nets $500M as PUMP Token ICO Sells out in 12 Minutes

Publicly traded Upexi is poised to boast the largest Solana treasury stash once its latest funding round is completed.

Solana Treasury Firm Upexi Raises $200 Million to Boost SOL Stash

Grayscale said in a letter on Tuesday that it may take legal action if the SEC continues to hold up the debut of its multi-token fund on NYSE Arca.

SEC's Halt of ETF Holding XRP and Solana Has Investors 'Suffering Harm', Grayscale Says

Ethereum

With Bitcoin (CRYPTO: BTC) trading in price discovery and institutional capital pouring into crypto markets, the long-anticipated "altseason" may finally be underway. But industry insiders say the biggest gains may not come from Ethereum (CRYPTO: ETH) or XRP (CRYPTO: XRP): instead, it's lesser-known tokens like Alpaca Network's PACA or Telegram-linked (CRYPTO: TON) that could emerge as breakout performers.

Ethereum? XRP? Solana? No, You'll Find Exponential Altseason Returns In Lesser-Known Coins, Experts Say

At the time of writing, solana (SOL) is trading at around $166.28, up 6.23% in the past 24-hour period, according to CoinDesk Research's technical analysis model.

SOL: Nasdaq-Listed Firm Secures $200M in Financing, with Over $150M Tied to Solana Treasury Strategy

Upexi expects to have 1.65 million SOL, worth around $273 million at current prices, upon closing its convertible note offering around July 16.

Upexi to raise $200 million to expand Solana treasury to 1.65 million SOL

At its earliest, Pump.fun's token will become tradable on Monday and traders are starting to question whether it'll pump or dump.

Will Pump.fun's Solana Token Pump After Launch? Experts Weigh In

Ethereum's (CRYPTO: ETH) dominance in the tokenized finance sector isn't slowing down and according to Fundstrat's Tom Lee, it has already become Wall Street's go-to blockchain infrastructure, leaving Solana (CRYPTO: SOL) behind in key institutional use cases. Speaking to CNBC on Thursday, Lee made it clear that Ethereum's recent outperformance and adoption by financial giants point to a deeper shift.

Tom Lee: Ethereum, Not Solana, Is The 'Preferred Choice' For JP Morgan, Robinhood, Circle To Build On

Bitcoin

This is a daily analysis of top tokens with CME futures by CoinDesk analyst and Chartered Market Technician Omkar Godbole.

Bitcoin, Ether, Solana, XRP Price Analysis: BTC Resistance at $120K?

Bitcoin's (BTC) decisive break above $118,000 has flipped the risk-on switch for crypto markets, and traders are now watching if altcoins follow with similar momentum or get left behind in a BTC-dominant rally.

What's Next for Ether, Solana, XRP and Other Majors as Bitcoin Clears $118K

Another bitcoin mining firm is pivoting. Bit Mining Limited announced a strategic expansion into the Solana ecosystem, planning a treasury of SOL tokens worth up to $300 million to fuel the company's shift.

Bit Mining Shifts Strategy, Enters Solana Ecosystem With $300M Plan

Dogecoin

A closely followed crypto analyst says that one mid-cap altcoin looks primed to quadruple by August while updating his outlook on Dogecoin (DOGE) and Solana (SOL).

Trader Predicts Mid-Cap Altcoin Could Explode 200%+ by August, Maps Path Forward for Dogecoin and Solana

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

The Daily: BIT Mining shares surge amid $300 million SOL treasury pivot, Trump's Truth Social teases token tied to user engagement, and more

Robinhood (NASDAQ:HOOD) has launched staking services for Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) in the United States, enabling users to earn rewards by contributing their crypto holdings to help secure the networks. The rollout follows a prolonged wait due to regulatory uncertainty that previously kept the firm from offering these services domestically.

You Can Stake Ethereum, Solana On Robinhood—But Is It Worth The 25% Cut?

Cryptocurrency miner BIT Mining (BTCM) is shifting its focus to Solana with plans to raise up to $300 million to acquire SOL tokens.

BIT Mining Surges 250% on Solana Pivot

The firm is the latest in a plethora of new crypto treasury companies, including two other miners-turned-Ethereum acquisition companies.

Crypto miner BIT Mining pivots to Solana with plan to raise $300 million for SOL treasury

A sharp rally in crypto majors over the past 12 hours triggered the largest wave of liquidations since May, wiping out more than $460 million in short positions.

Bears Lose $400M to Liquidations, Largest Since May, as BTC, ETH, SOL Spike Higher

Matt Hougan, the chief investment officer (CIO) of crypto asset management firm Bitwise, is predicting an explosion in the tokenization of traditional assets. In a new blog post, Hougan says that the transition of stocks, bonds and other real-world assets (RWAs) onto blockchains instead of traditional systems may happen much quicker than he previously thought.

Bitwise CIO Reveals 4,000x Prediction, Says Ethereum, XRP, Solana and Others Will Be Impacted From One Booming Trend

Three Solana-focused exchange-traded funds (ETFs) listed in the U.S. have quietly pulled in $78 million over the past month, reflecting rising interest in altcoin-backed investment products despite the outsized dominance of bitcoin (BTC) and ether (ETH) in ETF markets.

Solana ETFs See $78M Inflows as Interest in Altcoin Investment Products Grows

The crypto market remains rangebound as President Trump again revisits tariff negotiations with U.S. trading partners.

Why Are Bitcoin, Ethereum and Solana Prices Still Rangebound? Experts Weigh In

A new note from crypto asset manager Bitwise points to Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), XRP (CRYPTO: XRP), and Chainlink (CRYPTO: LINK) as the "cleanest plays" in the emerging race to tokenize trillions of dollars in real-world assets (RWAs). What Happened: In a sharp departure from speculative crypto narratives, the firm suggests tokenization could represent crypto's most credible and scalable real-world application to date.

XRP, Ethereum, Solana And One Surprise Crypto (Not Bitcoin) Are Bitwise's 'Cleanest Plays'

Crypto exchange Bullish has struck a partnership with the Solana Foundation, aiming to make Solana-native stablecoins the backbone of its trading and clearing operations.

Crypto Exchange Bullish Teams Up With Solana for Institutional Stablecoin Push

Kraken and Backed are expanding xStocks support to BNB Chain, enabling users to trade tokenized U.S. equities as BEP-20 tokens.

Kraken and Backed to expand xStocks support to BNB Chain alongside Solana

Even modest adoption of tokenization could outsize any other crypto narrative — including bitcoin — Bitwise analysts said.

Bitwise calls ETH, SOL, XRP, LINK the ‘cleanest' plays as tokenization narrative builds

Bitcoin is holding firm near $108,700 even as traditional markets recoil from renewed trade tensions sparked by Donald Trump. The U.S. president signaled plans to hike tariffs on imports, potentially as high as 50%, citing ongoing friction with the European Union over tech regulations.

News for Solana Crypto (SOL)