Solana | Crypto

The K-12 education company has up to $900 million to purchase Solana tokens. Classover, a K-12 education company, has announced a move into crypto through the creation of a Solana reserve. The company plans to issue up to $500 million in senior convertible notes, with 80% of the proceeds allocated to purchasing Solana (SOL). The move follows a growing pattern of companies expanding into crypto-related strategies along with their core businesses. According to a June 2 announcement, Classover has already purchased 6,472 SOL worth approximately $1.1 million to start its reserve. The issuance of $500 million in convertible notes comes through a partnership with Solana Growth Ventures. Read more

Coinbase Institutional is expanding its derivatives offering with the launch of 24/7 trading for XRP and Solana futures, starting June 13. According to a May 29 statement, the move aims to provide real-time access for US institutional investors, aligning with the non-stop nature of global crypto markets. Derivatives push The new offering allows investors to […] The post Coinbase adds 24/7 trading for XRP and Solana futures amid derivatives expansion appeared first on CryptoSlate.

Leading alts XRP, Solana, and Dogecoin are underperforming Bitcoin amid a broader market slide.

Trader’s interest in Solana is strong, but declining memecoin prices and SOL token unlocks have put a cap on the altcoin’s rally. Key takeaways: Solana's strong network activity contrasts with SOL’s token unlock schedule. MEV issues and memecoins’ price decline pose a risk to Solana’s growth potential. Read more

Solana's reliance on memecoins threatens long-term growth as Ethereum gains strength through layer-2 expansion. Key takeaways: SOL/ETH has broken below a rising wedge pattern, signaling a potential 40% decline. Solana’s memecoin revenue has collapsed since April, weakening its core value proposition. Read more

Solana technical charts and futures data point to a potential rally to $300. Key takeaways: Historical chart patterns and the Fibonacci Retracement metric hint at a Solana price rally to $300. Solana’s $7.5 billion in futures open interest and negative funding rates could be a sign that a powerful short squeeze is in the making. Read more

The Solana price has fallen by 1% today, but will the recently announced Alpenglow upgrade send it into overdrive very soon? The post Fastest L1 Ever? Solana’s ‘Alpenglow’ Upgrade Has Traders Watching $300 Next (Solana Price Prediction) appeared first on Cryptonews.

Crypto price prediction reviews a sharp upturn in digital assets after Bitcoin’s record close, noting that projects rebounding quickly from corrections often lead rallies. Analysts say Solana, XRP, Sui and Solaxy each hold fundamentals and technical setups that could drive 10X gains this summer. The post Crypto Price Prediction Today 28 May – Solana, XRP, Sui coins appeared first on Cryptonews.

[PRESS RELEASE – Dubai, United Arab Emirates, May 28th, 2025] ChainGPT is thrilled to announce the official launch of the $CGPT token on Solana, marking a milestone for both its global AI ecosystem and the rapidly expanding Solana community. Starting May 28th, trading for $CGPT opens on Raydium at 10AM UTC—ushering in a new era […]

Popular pseudonymous TradingView analyst Master Ananda has recommended traders to “buy like it’s the end of the world,” with stacking catalysts creating a fertile environment for growth. The post Solana’s Next Leg Up? One Analyst Thinks $420 Is Just the Beginning appeared first on Cryptonews.

Hackers took over rap group Migos’ Instagram account to post Solana co-founder Raj Gokal’s stolen personal information, including his passport and phone number, on May 27 after he refused to pay a 40 Bitcoin (BTC) ransom. Blockchain analyst ZachXBT explained on social media that the attackers gained access to one of Gokal’s email accounts days […] The post Solana’s Raj Gokal doxxed via Migos’ Instagram account after failed 40 BTC extortion bid appeared first on CryptoSlate.

Standard Chartered’s latest report warns that Solana may be a “one-trick pony,” with memecoin trading dominating its usage and now in decline. Layer-1 blockchain Solana may be evolving into a “one-trick pony” for memecoin generation and trading, according to a recent Standard Chartered report. According to a May 27 Standard Chartered research report shared with Cointelegraph, Solana “dominates in areas that demand high-volume, low-transaction-cost solutions” due to its design prioritizing fast and cheap transaction confirmation. The report suggested that this has had an unintended consequence: Standard Chartered said the memecoin frenzy served as a stress test for Solana’s scalability but came with drawbacks due to the volatility and speculative nature of such assets. As memecoin trading volumes decline, the bank warned that Solana may struggle to maintain momentum. Read more

Solana Foundation introduced the Solana Attestation Service on May 23, positioning the protocol as a trust layer for what the network’s backers call “internet capital markets.” The open-source service lets approved issuers bind off-chain credentials, such as know-your-customer results, geographic eligibility, or accreditation status, to a user’s wallet address without exposing personal data on-chain. Attestations […] The post Solana reveals attestation service to supercharge internet capital markets appeared first on CryptoSlate.

Solana price is 86% higher than its $95 lows reached on April 7, as onchain data and a classic pattern suggest that SOL may continue climbing to new all-time highs. Key takeaways: Solana's $9.4 billion TVL is a 54% increase since April 7. Solana’s memecoin daily trading volume has more than doubled since early April.  Read more

HYPE is echoing Solana’s 2021 breakout pattern, with technicals pointing to a potential 240% rally by July. Key takeaways: HYPE is mirroring Solana’s 2021 breakout structure, targeting a 240% rally by July. Familiar crypto fractals suggest HYPE could spark similar momentum-driven hype. Read more

Tokenization could pave the way for widespread micro-ownership of businesses, said Akshay BD, nCMO at the Solana Foundation. The current structure of capital markets is failing to serve a broad base of investors, according to Akshay BD, non-chief marketing officer at the Solana Foundation. During a panel at the Accelerate 2025 conference, Akshay argued that blockchain technology could help address these shortcomings, claiming that Solana could “make everyone an investor or a dreamer over time.” Akshay noted growing uncertainty among investors, citing concerns from investment managers who report heightened anxiety among clients. “You have low bond yields, you have asset price bubbles, and people don't really know how the traditional asset allocation model works anymore,” he said. The 60-40 portfolio hasn’t delivered consistent returns in a long time.” He attributed some of this tension to a widening gap between income earned through wages and wealth accumulated through asset ownership. Retail investors, he add...

Turns out the Cetus developers have been here before, as their hacker deal once saved Crema on Solana. The bounty offer to recover stolen funds from Sui-based decentralized exchange (DEX) Cetus closely resembles a successful strategy used by a Solana project three years ago. It turns out that Cetus shares the same development team as Crema Finance, a Solana-based DeFi project that suffered a $9-million hack in 2022 but recovered most of the funds by negotiating with its hacker. Now, Cetus is relying on the same strategy. Cetus is asking the hacker to return all but $6 million, or 2,324 Ether (ETH), of the stolen funds in exchange for a promise not to pursue legal action. The protocol lost $223 million to an exploit on May 22. Read more

Memecoin trading activity on Solana is tracking Bitcoin’s recovery, with the average daily trading volume rising 46% between April and May. According to Blockworks data, monthly trading volume for memecoins on Solana was $58.7 billion as of May 21, already over $1 billion higher than the volume registered in April. Additionally, memecoins accounted for 64.6% […] The post Solana memecoin average daily volume surges 46% in May, echoing Bitcoin’s recovery appeared first on CryptoSlate.

It's nearly all green across the crypto markets Thursday as Bitcoin nears $112,000, propelling the likes of Ethereum, Solana, and Dogecoin.

Solana could be on the verge of a rally to $260, but first, SOL needs to push through a tough overhead resistance level. Key takeaways: Solana’s bull flag pattern projects a rally to $260, but low spot buy volumes have analysts advising caution. After briefly dropping to $160 from $184, Solana (SOL) is attempting to reclaim a position above its key resistance at $180 for a second consecutive week. With Bitcoin (BTC) hitting an all-time high, market speculators are banking on eventual capital rotation, which could pump major altcoins like SOL toward new highs. Read more