Solana

Digital bank Revolut has integrated the Solana network, allowing its millions of users to send, stake, and make payments with SOL, marking a significant step for crypto adoption.

Bitcoin is trading sideways, struggling to break $94,000 resistance, while altcoins like XRP and Solana see sharper losses ahead of the crucial U.S. PCE inflation report.

Franklin Templeton has launched the seventh Solana ETF on Wall Street, offering staking rewards. However, recent outflows suggest cooling investor interest, with SOL price remaining stagnant.

Solana’s price surged over 12%, breaking a key downtrend line, while U.S. spot Solana ETFs saw a massive $45.77 million in daily inflows, signaling strong institutional interest.

Vanguard, the world’s second-largest asset manager, has reversed its stance on cryptocurrency. The firm will now allow its 50 million clients to trade select crypto ETFs, including those for Bitcoin and Ethereum, responding to persistent investor demand.

The crypto market is in full rally mode, with Bitcoin climbing 8% and numerous altcoins posting even larger gains, some exceeding 30%. The surge marks a strong reversal from recent sharp price declines.

Arthur Hayes, BitMEX founder, predicts that most Layer-1 blockchains will fail, leaving only Ethereum and Solana as viable networks. He also forecasts the continuation of the bull market, driven by U.S. political factors, and a new trend towards privacy-focused cryptocurrencies in the coming year.

The memecoin market on Solana has collapsed to a two-year low, with trading volumes plummeting as traders shift to stablecoins, while overall network activity remains stable.

A malicious Chrome extension named ‘Crypto Copilot’ has been discovered stealing small fractions of SOL from users trading on the Solana-based exchange Raydium. The extension, active since June, adds hidden transaction instructions to divert funds to a scammer’s wallet.

South Korea’s largest crypto exchange, Upbit, was hacked for millions but will fully reimburse customers from its own funds. The notorious North Korean Lazarus Group is suspected of being behind the attack.