Tag Archives: Solana

Toss Bank Tests Solana Stablecoin Rails For Overseas Transfers

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TL;DR South Korea’s Toss Bank is testing Solana-based remittance and settlement infrastructure. The proof of concept points to stablecoins becoming a practical bank payment rail. The project matters because Toss Bank serves a large mainstream user base rather than only crypto-native customers. Solana Gets A Bank Remittance Test Toss Bank is testing Solana-based infrastructure for… Continue reading Toss Bank Tests Solana Stablecoin Rails For Overseas Transfers→

Pump.fun GO Bounty Feature Draws Backlash Over Risky Crypto Tasks

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TL;DR Pump.fun launched GO in early June as a bounty marketplace backed by escrowed crypto rewards. The feature has drawn criticism over dangerous, degrading and poorly moderated user-created tasks. The backlash highlights how crypto incentives can create regulatory and safety risks when platforms reward viral behavior. A Viral Crypto Feature Becomes A Moderation Test Pump.fun’s… Continue reading Pump.fun GO Bounty Feature Draws Backlash Over Risky Crypto Tasks→

Toss Bank And Solana Foundation Team Up On Stablecoin Remittance Test

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South Korea’s Toss Bank has signed a memorandum of understanding with the Solana Foundation to test blockchain-based global remittance infrastructure, adding another traditional finance name to the growing list of firms experimenting with stablecoin settlement rails. TL;DR Toss Bank has signed an MoU with the Solana Foundation. The partnership focuses on a proof-of-concept for global… Continue reading Toss Bank And Solana Foundation Team Up On Stablecoin Remittance Test→

Solana Price Tests Crucial $60-$65 Support Zone After Sharp Market Pullback

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TL;DR Solana is testing an important support zone after a sharp pullback across major crypto assets. The $60-$65 area is now the key technical band traders are watching for signs of either stabilization or continuation lower. A recovery back above the recent rejection zone would ease pressure, but failure near $60 could invite another leg… Continue reading Solana Price Tests Crucial $60-$65 Support Zone After Sharp Market Pullback→

Securitize Expands Tokenized CLO Fund To Solana As Ethena Plans $250M Allocation

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Securitize is expanding its tokenized AAA CLO fund to Solana, while Ethena is evaluating a proposed $250 million allocation that would bring another traditional credit product into the stablecoin collateral conversation. TL;DR Securitize has expanded its STAC tokenized AAA CLO fund to Solana. Ethena is evaluating STAC as a potential USDe and USDtb backing asset.… Continue reading Securitize Expands Tokenized CLO Fund To Solana As Ethena Plans $250M Allocation→

Solana Policy Institute Urges Senate To Protect Developers In CLARITY Act Debate

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The Solana Policy Institute is urging Senate leaders to preserve protections for open-source developers and validators as lawmakers debate the CLARITY Act, adding another crypto industry voice to one of the most important U.S. policy fights of the year. TL;DR The Solana Policy Institute is pushing lawmakers to protect developer and validator activity. The issue… Continue reading Solana Policy Institute Urges Senate To Protect Developers In CLARITY Act Debate→

Solana (SOL) Back On The Defensive—Can Bulls Prevent Another Drop?

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Solana failed to stay above $67 and corrected some gains. SOL price is moving lower and might aim for another increase if it stays above $63.00. SOL price started a downside correction below $66 against the US Dollar. The price is now trading below $65 and the 100-hourly simple moving average. There was a break… Continue reading Solana (SOL) Back On The Defensive—Can Bulls Prevent Another Drop?→

Solana Wave 4 In Progress: Relief Bounce Or Setup For A Fresh Decline?

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After a steep selloff that reinforced bearish momentum, Solana appears to be entering a period of consolidation as Wave 4 unfolds. Such corrective phases often offer short-term relief and can also serve as a launching pad for the next leg of a downtrend. As the market searches for direction, the key question remains whether buyers… Continue reading Solana Wave 4 In Progress: Relief Bounce Or Setup For A Fresh Decline?→

Livestream Chaos 2.0? Pump.Fun Under Fire Over New Bounty Feature

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Pump.fun has launched a new feature that allows users to pay “anyone” to do “anything”, which has triggered a wave of concern across the crypto community, with critics warning it could revive the same dangerous behavior that fueled the platform’s 2024 livestream scandal. Pump.Fun Launches Bounty Feature For ‘ANY’ Task On Thursday, Solana’s memecoin launchpad,… Continue reading Livestream Chaos 2.0? Pump.Fun Under Fire Over New Bounty Feature→

Why It’s Time To Start Paying Attention To Solana Before It Stages A Repeat Of 2024

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Crypto analyst Crypto Patel has made a bullish case for Solana, explaining why it is time to start paying attention to the crypto asset. This came as he noted that SOL has printed 8 consecutive red monthly candles for the first time in its history.  Why It Is Time To Start Paying Attention To Solana… Continue reading Why It’s Time To Start Paying Attention To Solana Before It Stages A Repeat Of 2024→