Solana | Crypto

A proposal for a Solana ETF and a new fund tied to Pudgy Penguins tokens have joined a growing list of products offering crypto exposure.

Invesco and Galaxy Digital have filed the initial documents to launch a spot Solana ETF, making the ninth similar entry to be put before US regulators. Update (June 26, 1:26 am UTC): This article has been updated to add information from Invesco’s filing and analyst commentary. The US could get nine Solana exchange-traded funds if regulators approve, as asset manager Invesco joined the group of firms looking to push exchange-traded products beyond Bitcoin and Ethereum. In a regulatory filing on Wednesday, Invesco and Galaxy Digital put forward the Invesco Galaxy Solana ETF, which aims to track the spot price of Solana (SOL), currently the sixth-largest cryptocurrency by market cap. Read more

The number of XRP holders has nearly doubled between October 2024 and May 2025, expanding from 1.29% to 2.42%, while Solana (SOL) experienced the opposite, falling 35% from 2.72% to 1.76%. According to Bybit’s “H1 2025 asset allocation report,” the rebalancing stems from a shift in sentiment as both retail and institutional investors have begun […] The post Number of XRP holders almost doubled within six months, overtaking Solana appeared first on CryptoSlate.

Kazakhstan’s launch of a Solana-backed Web3 economic zone marks a bold step toward digital sovereignty in Central Asia, blending blockchain infrastructure with national development goals. The post Solana and Kazakhstan Launch Central Asia’s First Web3 Economic Zone appeared first on Cryptonews.

The following is a guest post and opinion from Aryan Sheikhalian, Head of Research at CMT Digital. Ethereum is betting big on a future filled with rollups. But in typical Solana fashion, the network is taking a different route—one that doesn’t just scale more blockspace, but bespoke execution environments with first-class developer control. Enter Network […] The post Solana network extensions will redefine blockchain scaling appeared first on CryptoSlate.

Wall Street analysts say that SEC approvals for ETFs based on altcoins including Dogecoin, XRP, and Solana are nearly a sure thing this year.

VanEck’s planned Solana (SOL) exchange-traded fund has been listed with the Depository Trust & Clearing Corporation (DTCC) under the ticker symbol VSOL, signaling another step in mainstreaming Solana exposure for traditional investors. According to DTCC records, the fund is labeled “VANECK SOLANA TR COM SHS BEN INT” and falls under the ‘D’ settlement category, an […] The post VanEck’s Solana ETF moves closer to market entry with DTCC listing appeared first on CryptoSlate.

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

MemeStrategy snapped up 2,440 Solana tokens, marking Asia’s first public company SOL bet as more firms and ETFs eye the blockchain’s future.

Solana co-founder has publicly criticized protocol-level BTC holdings and spurring broader discussion on multi-asset treasury strategies The post Solana’s Yakovenko Slams Cardano’s $100M Bitcoin Treasury Move as “Dumb”—Should Altcoins Bet on BTC? appeared first on Cryptonews.

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...

Invesco and Galaxy Digital have taken a concrete step toward bringing a Solana exchange-traded fund (ETF) to the US market. Public records show that the firms registered a trust named Invesco Galaxy Solana ETF with Delaware’s Division of Corporations on June 12. Over the past months, several firms have created Delaware statutory trusts before seeking […] The post Invesco and Galaxy chase Solana ETF dream with Delaware trust registration appeared first on CryptoSlate.

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

Solana (SOL) climbs back from steep losses as renewed demand lifts price above $151, even as global market tensions continue to stir investor caution.

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

Bitcoin is back near $100K as major alts like Ethereum, Solana, and Dogecoin dive amid Trump and Musk drama—but Circle had a great day.

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.