Pump.fun ban and increasing geopolitical risks in the Middle East are helping drive down Solana price today. Key takeaways: Solana dropped over 4.5% after X banned Pump.fun and related memecoin accounts, weakening retail momentum. The escalating Israel-Iran conflict and Trump’s G7 remarks triggered a broader flight from risk assets. Read more
To stake Solana (SOL) in 2025, use a compatible wallet like Phantom, choose a validator, and delegate your SOL in just a few clicks. Staking Solana allows you to earn passive income through staking rewards while participating in network governance. There is no minimum requirement for staking Solana, but the practical minimum is around 0.01 SOL. All you need to start staking Solana is a SOL-compatible wallet. Read more
ETF analyst James Seyffart said all of the updated S-1 filings "include staking language I believe." Seven Solana ETF applicants filed S-1 statements with the US Securities and Exchange Commission (SEC) on June 13; however, Bloomberg ETF analyst James Seyffart doubts approval will come as soon as next week. “I think there needs to be a back and forth with the SEC and issuers to iron out details, so I doubt it. If anyone remembers the Bitcoin ETF launch, there were *A LOT* of filings over the preceding couple months before launch,” Seyffart said in a post on Friday. US-based spot Bitcoin ETFs launched in January 2024, more than ten years after crypto exchange Gemini co-founders Tyler and Cameron Winklevoss filed the first spot Bitcoin ETF application with the SEC in 2013. On June 13, Fidelity Investments filed its initial S-1 registration statement for its spot Solana (SOL) ETF product, while 21Shares, Franklin Templeton, Grayscale Investments, Bitwise Investments, and Canary Capital filed S-1 amendments. Read...
Surging onchain activity, rising spot Solana ETF approval chances and derivatives metrics suggest that SOL’s bullish price momentum could continue toward $300. Key takeaways: SOL futures open interest is up 12%, signaling strong institutional interest. Spot Solana ETF approval odds jump to 91% on Polymarket. Read more
Maple’s expansion to Solana is powered by Chainlink’s CCIP, which allows data transfer between EVM and SVM ecosystems. Lending platform Maple Finance is expanding to the Solana network in a bid to reach a broader class of users. According to a June 5 announcement shared with Cointelegraph, the company is deploying its syrupUSD yield-bearing stablecoin to Solana-based platforms Kamino and Orca. The coin had previously been available only on the Ethereum blockchain. Maple’s Solana integration is launching with $30 million in liquidity, which the company says will establish “a deep and stable foundation for lending, trading, and collateral provisioning” in the ecosystem. Read more
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
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