Solana

Despite a recent downturn, Solana has been a major winner for long-term investors. A dollar-cost averaging strategy over the last three years would have yielded returns of over 218%.

JP Morgan has utilized the Solana network to issue commercial paper for Galaxy Digital, a landmark transaction settled in USDC that signals growing institutional acceptance of public crypto networks.

29-year-old Luana Lopes Lara, founder of prediction market platform Kalshi, has become the world’s youngest self-made female billionaire with a net worth of $1.1 billion, as her company gains massive popularity and regulatory approval.

Solana’s lending market has surged to €3 billion in locked collateral, a 33% annual increase, driven by strong network performance and rising demand for crypto loans, while tokenization of real-world assets is poised for future growth.

Revolut and Trust Wallet have launched a partnership allowing European users to buy crypto and have it sent directly to a self-custody wallet, simplifying the process and giving users immediate control over their assets.

After a sharp drop below $90,000, Bitcoin has staged a strong recovery, reclaiming lost ground. The broader market followed, with Solana leading the altcoin gains, rising nearly 7%.

Solana is facing significant pressure as liquidity dries up, raising the risk of a sharp price decline. Hundreds of millions in leveraged positions are threatened, though the launch of new ETFs offers a glimmer of long-term hope.

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.