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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Despite a 2% price dip on Monday, Solana (SOL) saw a surge in activity on Tuesday, with over 14.63 million active addresses in the previous 24 hours, according to data from on-chain cryptocurrency analyst Ali Martinez. A rise in daily active addresses correlates with increased user engagement, potentially fueling greater demand for the token. Solana activity. Source: X (ali_charts) Notably, the record numbers across Solana’s ecosystem coincides with renewed excitement for a Solana exchange-traded fund (ETF). Indeed, the U.S. Securities and Exchange Commission (SEC) has reportedly asked potential ETF issuers to amend or resubmit their applications by the end of July, with Bloomberg ETF analyst James Seyffart claiming that any sort of interactions “should be viewed positively.” Solana performance As reported by SolanaFloor, Solana has also surpassed all layer-1 (L1) and layer-2 (L2) chains in terms of network revenue in Q2 2025, comprising transaction fees a...

The first Solana staking ETF (exchange-traded fund) closed its debut trading session yesterday with around $33 million trading volumes and $12 million inflows, triggering a surge in CME futures demand. “Healthy start to trading for a new ETF with ~$8 million in trading in first 20 min,” said Bloomberg ETF analyst James Seyffart in a July 2 X post while commenting on REX-Osprey Solana + Staking ETF’s debut performance. His colleague, Eric Balchunas, also said that the ETF’s trading volumes on its first day placed it in the “top 1% for a new launch.” REX-Osprey ETF “Blows Away” SOL And XRP Futures ETFs In First-Day Volumes Balchunas went on to say that the REX-Osprey Solana ETF managed to post first-day volumes much greater than those of futures ETFs for SOL and XRP. $SSK ended day with $33m in volume. Again, blows away the Solana futures ETF and XRP futures ETFs (or the avg ETF launch) but it is much lower than the Bitcoin and Ethe...

A widely followed analyst and trader who accurately predicted the Bitcoin (BTC) bottom in 2018 is highlighting one crypto asset that could go up by triple-digit percentage points. The trader pseudonymously known as Bluntz tells his 321,100 followers on the social media platform X that dogwifhat (WIF), a memecoin built in the Solana (SOL) ecosystem, could go up by about 472% to reclaim and surpass the all-time high recorded in March of 2024. “Still a lot of work to put in and need to see price action confirm, but I think there’s a very real chance a new impulse back to all-time high on WIF has commenced.” According to the analyst who regularly applies the Elliott Wave theory in his technical Analysis , WIF started a bullish uptrend earlier this month in a five-wave pattern. The Elliott Wave theory states that the main trend of the price of an asset moves in a five-wave pattern while a correction occurs in a three-wave pattern. Based on Bluntz’s ch...

A widely followed cryptocurrency analyst and trader predicts that one Solana (SOL)-based memecoin is on the verge of printing new all-time highs. The analyst, pseudonymously known as Bluntz, tells his 320,800 followers on the social media platform X that memecoin SPX6900 (SPX) appears to have completed an ABC correction on the eight-hour chart, suggesting that the coin has printed a durable bottom. Bluntz practices the Elliott Wave theory, which states that an asset is primed to ignite rallies after completing an ABC correction. “Perfect SPX pullback here after testing prior all-time high for the first time, the next test blasts through in my opinion, still one of the best charts [with a] less than $1billy (billion) market cap in my opinion.” Source: Bluntz/X Looking at his chart, the trader suggests SPX increase to $2.10. SPX is trading for $1.47 at time of writing, up 17.5% in the last 24 hours. The analyst is also bullish on the artificial intel...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

A closely followed crypto analyst believes one red-hot meme token operating on Solana (SOL) may continue soaring even higher. Pseudonymous analyst Altcoin Sherpa tells his 243,800 followers on the social media platform X that artificial intelligence (AI)-based Fartcoin (FARTCOIN) may increase by more than 47% from its current value. “Would rather buy higher (break of $1) or lower ($0.70) for Fartcoin. This is either charging up for a big move up to $1.25 or it’s going to pullback, I don’t have a clue where it goes in the short term. What I do know, however, is that this thing is going to go higher later on.” Source: Altcoin Sherpa/X Looking at his chart, the trader suggests FARTCOIN make another attempt to break through resistance at $0.96. However, he says the meme asset may first return to the .382 Fibonacci retracement level at $0.70. Fartcoin hit a low of $0.265 on March 18th and is trading for $0.8542 at time of writing, up 222% in a ...

The U.S. Securities and Exchange Commission (SEC) is reportedly closing its investigation into social media influencer Haliey Welch over the alleged rug pull of her memecoin. According to a new report by TMZ, the regulatory agency is closing the probe into Welch – known as the “Hawk Tuah” girl for her 2024 viral video – without filing any charges against her after it was alleged that she conducted a rug pull following the launch of Hawk (HAWK) in December. The SEC investigated Welch after her Solana (SOL)-based memecoin rapidly lost its value after a big rally, triggering accusations that the HAWK memecoin was a rug pull. A rug pull is when the creators of a new asset intentionally inflate its price and then sell large amounts of it, simultaneously profiting and causing the asset’s price to plunge, leaving investors sitting on massive unrealized losses. As stated by James Sallah, Welch’s attorney, according to TMZ, “The ...

Solana loses a third of its market cap — is memecoin season officially over? According to some of the biggest names in crypto, the peak of memecoin mania has passed. With the sitting president of a G20 country facing initial impeachment proceedings for promoting a memecoin, every Trump family memecoin negative since listing on a major US exchange, and memecoin platforms targeted for money-laundering of billion-dollar hacks, it might seem as though the bubble has popped. Even Solana, the host blockchain for most memecoins, has shed one-third of its market capitalization over the last month. People, it appears, are sick of losing money in memecoins. TRUMP has declined over $11 billion since its peak, MELANIA is down 90%, and investors lost untold millions in Argentina’s LIBRA, Central African Republic’s CAR, and countless offerings by celebrities and brands. These projects include those launched by Dave Portnoy, Changpeng Zhao, Enron, Vine, John McAfee, Donald T...

Solana’s growth has led to slower and less reliable transactions as network activity increases. Solaxy (SOLX) aims to fix this problem. With over $22.5 million raised in its presale, investors believe Solaxy can reduce Solana’s congestion. Could it become the top Layer 2 crypto in 2025? Solaxy Presale Surpasses $22.5M as Analysts Predict Big Gains Solaxy’s presale has gained strong momentum, raising over $22.5 million. Early investors can buy the $SOLX token for $0.001642. As the presale continues, the price is expected to rise, giving early buyers a chance to get tokens at the current rate. Investors can purchase $SOLX on the official Solaxy presale website using Ethereum (ETH), Tether (USDT), Binance Coin (BNB), or a credit card. The token is also available through the Best Wallet app on Google Play and the Apple App Store. For more information, investors can check out our guide on purchasing Solaxy tokens here. Solaxy’s presale has drawn attention f...

Solaxy ($SOLX) has barreled past $20 million in funds raised just two months after its presale launch. The first Layer-2 solution on Solana has surpassed this funding milestone, following a series of announcements on X detailing the developer upgrades that demonstrate how Solaxy is building a more scalable and interconnected blockchain ecosystem, enhancing speed, security, and seamless interaction across various blockchains. These developments, even before the official launch, strongly indicate the project’s serious approach to addressing the persistent challenges faced by its Layer-1 chain. This is why the project has raised over $2.4 million in just the last week, putting its daily run rate at $350,000. Investors can still participate in the current presale stage, which offers $SOLX tokens at $0.0011632, with approximately 15 hours left. A Solana ETF And More Trump Meme Coins Might Boost The SOL Price Solana’s price has been roc...