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Solana network and DeFi activity suggest SOL price rally will continue


Key takeaways:Solana's $10.9 billion TVL surpassed the entire Ethereum layer-2 ecosystem.Solana’s 30-day fee revenue ($43.4 million) rose 109% compared to the previous month.SOL’s 8% funding rate shows healthy leverage demand from bulls.Solana’s native token SOL (SOL) surged 24.8%...

Solana network and DeFi activity suggest SOL price rally will continue


Key takeaways:Solana's $10.9 billion TVL surpassed the entire Ethereum layer-2 ecosystem.Solana’s 30-day fee revenue ($43.4 million) rose 109% compared to the previous month.SOL’s 8% funding rate shows healthy leverage demand from bulls.Solana’s native token SOL (SOL) surged 24.8%...

21Shares files for US spot Sui ETF after European launch


Major European cryptocurrency investment firm 21Shares has filed for a spot Sui exchange-traded fund (ETF) in the United States, marking another step in its expansion to the US market.21Shares on April 30 submitted the Form S-1 registration for a spot Sui (SUI) ETF to the US Securities and Exchange...

Solana futures open interest nears all-time high — Will SOL price follow?


Key points:Solana held the $140 support level for a week, a first in more than two months, highlighting traders’ growing confidence.SOL futures open interest hit $5.75 billion on April 30, showing strong institutional interest.With rising DEX volumes and a $9.5 billion TVL, SOL could rally...

Solana futures open interest nears all-time high — Will SOL price follow?


Key points:Solana held the $140 support level for a week, a first in more than two months, highlighting traders’ growing confidence.SOL futures open interest hit $5.75 billion on April 30, showing strong institutional interest.With rising DEX volumes and a $9.5 billion TVL, SOL could rally...

Solana network inflows surge — Will SOL price follow?


Over the past 30 days, crypto market participants have bridged more than $120 million in liquidity to Solana (SOL) from other blockchains, signaling renewed confidence in the network. Traders transferred the highest amount from Ethereum (ETH) at $41.5 million, followed by a $37.3 million influx...

Solana rallies 20% against Ethereum, but is $300 SOL price within reach?


Solana’s SOL has rallied more than 20% against Ether (ETH) over the last seven days, and a trader is eyeing a potential breakout to $300, which would mark new all-time highs.SOL/ETH ratio hits highest weekly closeThe SOL/ETH ratio, which reflects the value of Solana in Ether, rose to 0.080...

Solana rallies 20% against Ethereum, but is $300 SOL price within reach?


Solana’s SOL has rallied more than 20% against Ether (ETH) over the last seven days, and a trader is eyeing a potential breakout to $300, which would mark new all-time highs.SOL/ETH ratio hits highest weekly closeThe SOL/ETH ratio, which reflects the value of Solana in Ether, rose to 0.080...

US Senate bill threatens crypto, AI data centers with fees — Report


Draft legislation in the US Senate threatens to hit data centers serving blockchain networks and artificial intelligence models with fees if they exceed federal emissions targets, according to an April 11 Bloomberg report. Led by Senate Democrats Sheldon Whitehouse and John Fetterman,...

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