Solana gains alongside Bitcoin’s US election-related rally, and data hints that SOL price could hit $200.
Solana news
The US presidential race could determine the fate of more than half a dozen proposed crypto ETFs.
Network activity across all Internet Computer protocols has increased 150% year-over-year, according to Dfinity.
Grayscale Digital Large Cap Fund could be the first US ETF to hold altcoins such as Solana and AVAX if approved.
Bitcoin price trades below $70,000 as traders derisk ahead of the election. Will altcoins follow this trend or take advantage of BTC’s consolidation?
NFTs recorded a monthly sales volume of $356 in October, an 18% increase from its September record.
Markets have started to sell-off, and Bitcoin needs to hold $70,000 for the BTC and altcoin rally to continue.
XYO’s native token is now tradable against tokens including SOL and USDC on Solana-native decentralized exchanges Jupiter and Raydium.
Solana-based restaking and liquid staking could follow the explosive growth trajectory of Ethereum’s liquid staking ecosystem.
Institutional investments in Solana-based applications surged to $173 million in Q3 2024, marking a significant increase, according to a Messari report.