Solana

Phantom wallet funding

Phantom Raises $150 Million in Series C, Valued at $3 Billion

Digital asset wallet provider Phantom has raised $150 million in a Series C funding round led by Sequoia Capital and Paradigm. The funding round valued the company at $3 billion, marking a 150% increase from its $1.2 billion valuation in 2022. Other participants included Andreessen Horowitz and Variant, according to the company’s January 16 announcement. …

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Solana ETF

Volatility Shares Files for Solana Futures ETFs

Asset manager Volatility Shares has filed for three new ETFs that aim to gain exposure to Solana (SOL) futures contracts. These contracts would be traded on Commodity Futures Trading Commission (CFTC)-regulated exchanges. However, no such futures products currently exist in the market. The fund’s prospectus states it will invest in contracts “that trade only on …

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Solana ETF

SEC Rejects Spot Solana ETF Applications

The U.S. Securities and Exchange Commission (SEC) has reportedly rejected applications for spot Solana exchange-traded funds (ETFs). According to sources, at least two out of five prospective issuers have been notified of the decision, aligning with the SEC’s cautious stance on cryptocurrency-related investment products. SEC’s Regulatory Position on Solana ETFs The SEC has consistently maintained …

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pump.fun ban

Pump.dot facing calls for ban from crypto community

The crypto community is increasingly calling for a ban on Pump.fun, citing the presence of harmful and unmoderated content on its livestream feature. These calls come amid reports of disturbing live streams involving criminal acts, animal abuse, and other explicit material. Key Issues Highlighted by Critics: Pump.fun Responds Pump.fun acknowledged the community’s concerns and reiterated …

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Solana ATH

Solana hits ATH ; $500 on the cards with ETF ?

Solana ( $SOL ) surged to an all-time high of $262, marking a significant milestone for the blockchain platform. This price jump reflects a 2,500% increase from its lows following the FTX collapse and highlights Solana’s resilience and ongoing appeal within the cryptocurrency space. The rally aligns with broader market optimism as Bitcoin nears $100,000. …

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Huma Solana

Huma Finance Launches on Solana, Expands PayFi Network

Huma Finance has launched its Payment Financing (PayFi) protocol on Solana, marking a significant milestone for the network. This expansion follows Huma’s recent achievement of processing over $2 billion in transactions. As the first real-world asset (RWA) protocol on Solana, Huma aims to deliver instant liquidity for businesses worldwide. Alongside this launch, Huma unveiled a …

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Ethervista launches Etherfun – pumpfun on Ethereum

Ethervista has officially announced the launch of Etherfun, a platform they have designed to revolutionize memecoin trading on Ethereum. Building on the foundation of Pump.fun, Etherfun integrates Ethervista’s innovations to create a seamless experience for both creators and traders, addressing Ethereum’s high gas costs. Key Highlights: According to their documentation: Etherfun is designed to eliminate …

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Solana Moo Deng

Solana powered memecoin Moo Deng pumps after internet sensation hippo.

Solana-powered meme coin, MOO DENG, has pumped hard after the internet sensation hippo, highlighting the potential profits within the volatile meme coin sector. The newly launched coin has quickly gained traction, offering massive returns to early investors. The crypto market has seen a surge in meme coin popularity, with MOO DENG leading the charge alongside …

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