Institutional investors have been betting on Solana ($SOL) and Cardano ($ADA) investment products as the cryptocurrency market recovers and bitcoin moves back toward the $50,000 mark, data shows. According to …
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Institutional investors bet big on Solana while Bitcoin outflows persist
Institutional investors are loading up on Solana (SOL), with one-third of inflows to crypto investment products being invested in instruments tracking Solana this past week. According to CoinShares’ Aug. 23 Digital …
MoreSolana (SOL) NFT developers are killing digital llamas. What’s going on?
NFT project Sollamas has had a rough start, encountering several major issues. The developer’s decision to destroy minted llamas has angered the Sollamas community. The Sollamas NFTs launched yesterday, promising …
MoreChamath Palihapitiya’s Social Capital to invest in Solana-based Saber protocol
Saber, a cross-chain stablecoin and wrapped tokens exchange built on the Solana protocol, recently announced that it had raised $7.7 million in a just-concluded seed funding round led by Race …
MoreSolana’s Solrise Finance closes $3,4 million funding round
Solrise Finance (Solrise), a Solana-based asset management protocol, has secured $3.4 million in a funding round. Some of DeFi’s top venture capital funds participated in the round, including Alameda Research, CMS Holdings, …
MoreGrayscale to consider new crypto trusts, including Polygon & Solana
Digital currency asset managers Grayscale has announced the addition of 13 new crypto projects to their list of assets under consideration, including newer chains like Polygon (MATIC) and Solana (SOL). The firm …
MoreUS Space Force-licensed NFTs get issued on Solana (SOL) blockchain
Star Atlas, a blockchain-based metaverse offering space exploration with next-generation multiplayer gaming technology, launched the first-ever US Space Force (USSF)-licensed non-fungible token (NFT) on Tuesday, June 15. NFTs are blockchain-based …
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