Crypto World News
Crypto World News
Solana spot ETFs recorded $138 million in net inflows over 10 days, including a $47 million single-day inflow, signaling stronger demand through regulated investment products. Bitwise’s BSOL also holds more than 9.3 million SOL and has surpassed $1 billion in assets under management, highlighting growing institutional access to Solana.
Solana's Double Disinflation proposal (SGP-0002) has reached quorum at 33.84% participation with 25% voting yes. If passed, it doubles annual disinflation to 30%, moving the 1.5% target to 2029 and cutting 18.9M SOL ($1.47B) in issuance, reshaping validator yields and long-term supply dynamics for investors.
Solana is showing signs of recovery as market attention shifts toward the key $127 resistance level. Analysts are watching whether SOL can reclaim and hold this…
Solana is showing renewed bullish potential after reclaiming the key $100 psychological level, while record ETF inflows highlight stronger institutional demand. If SOL can hold the breakout zone as support, sustained buying pressure could fuel further gains toward higher targets, although a drop below $100 may trigger a short-term correction.
Solana is regaining bullish momentum as buyers defend the critical $88 support zone and reclaim key levels. Meanwhile, Virtual Protocol’s expansion of AI agent tokenization on Solana could strengthen network utility, create new on-chain business opportunities, and support the blockchain’s broader ecosystem growth.
VelocityDEX, formerly Drift Protocol, launched private beta on Solana offering perpetuals at 0.02% fees, 20% referral rewards, and multi-collateral margin. SOL and USDT can earn yield while backing positions, targeting capital efficiency as decentralized perps exceed $400 billion monthly
Galaxy launched a portfolio line of credit for GalaxyOne clients, enabling borrowing against BTC, ETH, and SOL without selling. The revolving facility offers HNW investors tax-efficient liquidity, reviving regulated overcollateralized lending post-2022 and positioning $GLXY against Coinbase Prime and Anchorage amid rising institutional demand.
Solana's daily SOL burn surged to $87K on Aug. 21, its strongest in seven months, as onchain activity rebounded. The uptick narrows net inflation and comes ahead of key governance votes that could lift burns to 9,000 SOL daily.
Solana is showing renewed bullish momentum after rebounding from the $60 area, with analysts watching the $160–$180 range as potential upside targets. At the same time, Solana’s real-world asset ecosystem has surpassed $4 billion, highlighting growing institutional demand for tokenized financial products and on-chain markets.
Solana Company will support the proposed Solana Constitution but oppose two governance measures involving token issuance and transaction fees. The Nasdaq-listed validator says its concerns center on timing and predictability for institutional participants, ahead of the first on-chain governance vote.