The seemingly fundamentals-defying surge of Solana’s native token, SOL, may reflect the project’s potential rather than its current technical performance, according to Chris Zhu, the CEO of Sonic. To support this assertion, Zhu highlights Solana’s ecosystem growth despite recent outages. Solana Stress Tests Lead to Upgrades and Improvements Nevertheless, in his written responses shared with […]
Multi-Billion-Dollar Asset Manager Hamilton Lane Pioneers Private Credit Fund Launch on Solana
Hamilton Lane has become the first asset manager to introduce a private credit fund on the Solana blockchain, broadening its presence in the digital asset sector. By collaborating with Web3 protocol Libre, the firm aims to make its Senior Credit Opportunities Fund (SCOPE) available to a wider range of investors. Hamilton Lane Leverages Solana for […]
Solana Meme Coin $TEA Is Brewing Success With Unique Staking and Swap Features
Solana meme coins are back in the headlines again, with new tokens making notable gains throughout the week. $ TEA, the latest entry in this niche market, is making quite the impression with over three million community members and significant presale success within just a month of its launch. The popularity of $ …
Solana Based AI Project Grass Announces Final Epoch of Closed Beta
Grass, an artificial intelligence (AI) based web crawling project that uses the Solana network, has announced the end of its closed beta version with its final epoch. Grass stated that the beta allowed it to verify that it can reach 100% of the web, with only two companies also capable of doing it, capturing and […]
Bloomberg Analyst Discusses Solana ETF Deadline and Election Impact
A senior Bloomberg ETF analyst says the final deadline for the approve of solana exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) will be mid-March 2025. He stressed that the U.S. presidential election in November will play a crucial role in their approval. Analyst Discusses Political Impact on Solana ETFs A senior […]