2024-4-24 18:53 |
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Santiment's June review shows Bitcoin slumped amid heavy ETF outflows, AI stocks draining crypto liquidity, and Solana memecoin turmoil, resetting.
Solana validators can now submit and vote on governance proposals onchain using a stake-weighted mechanism, lowering the dominance of off-chain decision-making.
Solana's 15% rise and social volume surge, fueled by tokenized stock hype, signal a decoupling from broader crypto markets, according to Santiment data.
Solmate shares have fallen 98% after its Solana treasury pivot, as RBCH sues directors over alleged self-dealing before the AGM vote.
Solana (SOL) remained under pressure on Wednesday, trading below the $70 mark after declining more than 5% so far this week. Weakening derivatives data and a deteriorating technical structure suggest sellers continue to dominate the market, raising the possibility of a deeper correction in the near term.
In partnership with Solana blockchain, Allfunds will now enable institutional issuers to distribute products through blockchain rails on Solana.
Solana price has surged nearly 9% over the past three days after Morgan Stanley updated its spot ETF filing, putting the token back within striking distance of the $75 resistance zone. According to data from crypto.news, Solana (SOL) price climbed…