
April 18th, 2025
From all indications, Solana looks to be showcasing a growing dominance in the blockchain space.
The crypto ecosystem has suffered liquidations worth $389 million impacting over 116,000 traders.
Solana (SOL) price surged 12%, reaching a fresh all-time high of $263.70 following the Cboe Exchange’s submission of four 19b-4 filings for spot Solana ETFs by asset managers like VanEck, Bitwise, and 21Shares.
Bitwise has filed a statutory trust for a spot Solana ETF in Delaware, reflecting growing crypto demand in financial markets.
Despite the tough competition from Solana, BNB Chain and XRP Ledger, Ethereum remains the dominant blockchain.
A crypto trader earned nearly $1 million within three hours by investing 2 SOL, worth $460, in the Solana-based meme coin Quant (QUANT), achieving an extraordinary 2,141x return.
The Sky Ecosystem oversees USDS and has partnered with key Solana platforms, including Jupiter Exchange, Raydium, Orca, and Phantom, to improve the stablecoin’s usability and accessibility.
Solana has continued to soar amid the impressive prospect of the coin outshining its top rivals.
Solana’s popularity as a meme coin hub has drawn CAT’s expansion from the BNB Chain.
Sygnum Bank’s annual survey reveals that 57% of institutional investors plan to increase their crypto allocations, with a growing appetite for Bitcoin and altcoins.
With a 40% gain over the last month, profit-taking and waning buying pressure suggest a possible pullback for Solana price below the $200 mark.
PayPal has integrated LayerZero with its USD stablecoin (PYUSD) for faster transfers between Ethereum and Solana.
During the 2021 bull market, Solana surged 900% after 117 days of consolidation. If trends repeat, it could surpass $1,000 and reach $1,900.
Crypto traders lost nearly $700 million in liquidation on Monday as Bitcoin continues to rally.
Solana (SOL) price has surged past the $200 mark benefiting from recent Federal Reserve rate cuts and broader market optimism after Trump’s election win.