
May 2nd, 2025
Solana users may lose their SOL tokens to scammers using the Permanent Delegate feature to burn SOL seconds after a transaction.
Binance noted that the success of the new staking product will largely depend on the adoption of the BNSOL token across Solana’s decentralized finance sector.
The Tron Network’s bullish outlook is largely attributed to its newly encountered meme coin hype.
Altcoin Season Index reading indicated that it was still a Bitcoin season as most altcoins underperformed BTC.
Last week’s overall outflows were largely driven by two funds. Those are Ark Invest/21Shares’ Bitcoin fund (ARKB) and Grayscale’s Bitcoin ETF (GBTC).
While Solana’s recovery and transaction volume are promising, the overall market conditions may still pose challenges.
The digital asset will be fully backed by reserve assets held in regulated and authorized institutions within Hong Kong.
Binance’s mysterious tweet “BNSOL” and Bitget’s “BGSOL” hint at new staking products with Solana.
Despite its promising start, BET faces competition from established players like Polymarket.
The rise of frog-themed Pepe to the top of the meme coin industry is majorly pegged to its deep liquidity, vibrant online community, and huge institutional support.
Kamino’s decision to raise the limit appears to be a response to the growing demand for lending services within the DeFi ecosystem.
Kylian Mbappé’s social media was hacked to promote a fake crypto token, leading to large losses for some investors but profits for experienced traders.
Open interest, which measures the number of unsettled crypto derivatives contracts, can offer insights into market sentiment and future price movements.
Solana’s immediate hurdle is the $162 resistance. Clearing this level could open the door for further gains, with the subsequent resistance at $165.
The Solana (SOL) network has significantly benefited from meme coin trading, with dogwifhat (WIF) as the largest by market cap and daily trading volume.