Solana News

According to on-chain analysis firm Glassnode, Friday’s wipeout after Trump’s tariff threat to China triggered the largest futures liquidation in Bitcoin’s history.

Long traders absorbed the bulk of losses at roughly $450 million, while short liquidations totaled about $40 million.

On-chain analytics firm Glassnode said Bitcoin futures open interest remains high, with traders on both sides getting caught in sharp swings as the market undergoes a leverage reset.

Bitcoin was trading at $121,276.67 at the time of writing, while Ethereum dipped to $4,332.97, and XRP fell 0.3% to $2.80, according to CoinMarketCap data.

Stocktwits data showed that the number of retail investors tracking the stock increased by 25% over the past day, while message volume increased 72%.

Through the partnership, Sharps will use Coinbase Prime for secure custody and over-the-counter trading of its Solana assets.

Ethereum led losses among the top 10 cryptocurrencies by market capitalization, falling as much as 3.2%.

Ethena said JupUSD will be integrated into key areas of the Jupiter ecosystem, including Jupiter Perps and Jupiter Lend.

CEO Brian Armstrong suggested that other states, including California, Wisconsin, New Jersey, and Maryland, should also reconsider their legal challenges and regulatory barriers to allow staking services.

Meme token Dogecoin saw the steepest decline among the top 10 cryptocurrencies, falling 4.3% in the last 24 hours.

With a market capitalization of about $180 billion, BNB now ranks ahead of XRP, whose value stands at roughly $178 billion.

Retail sentiment on Stocktwits trended in ‘extremely bullish’ territory amid ‘high’ levels of chatter.

The company said its Grayscale Ethereum Trust ETF and Grayscale Ethereum Mini Trust ETF are the first U.S.-listed spot crypto ETPs to enable staking.

With the launch of its new product, Galaxy will now be competing against the likes of Robinhood and eToro.

Spot market volumes have rebounded amid Bitcoin’s rally, according to on-chain analytics firm Glassnode.

A shutdown would freeze congressional work, including Senate consideration of the digital asset market structure bill.

The pullback comes ahead of the August release of the Personal Consumption Expenditures price index, due later this Friday.

The SEC filing indicates that the ETF would weight companies based on market capitalization and crypto holdings and allocate up to 15% to PIPEs within liquidity constraints.

Glassnode reported U.S. spot bitcoin ETF flows turned mildly negative after strong September inflows, signaling a pause in institutional demand.

Bitcoin’s fall to $113,000 pushed futures open interest down to $42.8 billion, which Glassnode called a “healthy reset” that could stabilize derivatives markets and reduce liquidation risk.

Ethereum suffered the steepest losses, with approximately $5.6 million in leveraged positions erased, followed by Bitcoin, which lost $2.3 million.

The fund allocates about 70% to Bitcoin, 20% to Ethereum and the remaining 10% between XRP, Solana and Cardano.

According to Shiba Inu developer Kaal Dhairya, Shibarium suffered a $2.4 million flash loan exploit on Sunday after an attacker briefly gained control of its validator system.

In August, Ethereum’s price hit a record high of $4,955, but it has not been able to break past the $5,000 threshold since then.

Bloomberg ETF analyst Eric Balchunas noted that while a DTCC listing is a procedural step, most tickers that appear on the system have historically eventually launched.

Upexi currently holds just over two million SOL tokens, which would be valued at about $480 million at Solana’s current price.

Galaxy Digital purchased more than two million tokens over the past 24 hours, following CEO Mike Novogratz’s declaration that it was ‘Solana Season.’

If the rally holds through the close, it would mark Mogu stock’s biggest single-day gain in more than five years.

Novogratz stated that Bitcoin’s price is likely to see a renewed rally towards the end of the year.

Bloomberg Intelligence analyst Eric Balchunas told Cointelegraph that new crypto ETFs from REX and Osprey, including a Dogecoin ETF, cleared the SEC’s 75-day review window and are expected to begin trading by Friday.

Pump.fun posted $2.06 million in revenue over the past 24 hours, ranking second among DeFi projects, according to DefiLlama data.

Solana’s gains come as the token registered a new all-time high of $12.31 billion in total value locked over the last 24 hours on Thursday.

Nasdaq has reportedly struck a strategic partnership with Gemini, the crypto exchange founded by the Winklevoss twins, to tap its custody and staking services.

Michael Saylor-backed Strategy announced on Monday that it bought around 1,955 BTC for around $217 million.

The S&P 500 hit a record high after the markets opened on Friday, and gold prices surged to a record high of $3,591 per ounce.

Traders are eyeing Friday’s employment report for clues on how it may shape the Federal Reserve’s monetary policy decisions later this month.

According to Glassnode, Bitcoin’s price is consolidating in between $104,000 and $116,000 as futures and ETF flows show cooling demand.

September hasn’t given Bitcoin a strong lift, but neither has it lived up to the month’s reputation as one of Bitcoin’s weakest periods either.

The personal consumption expenditure (PCE) data will provide more clues on the inflation trajectory and how the Federal Reserve may approach managing interest rates in September.

DeFi Development Corp. has acquired 407,247 Solana tokens at an average price of $188.98 per token in its most recent purchase.

According to an ongoing Stocktwits poll, most retail traders don’t think Ethereum will be able to flip Bitcoin, even in another five years.

Despite the cryptocurrency market’s recovery, crypto-linked equities continued to trade in the red during early morning hours.

The continued selloff in the crypto market led to more than $759 million in liquidations over the past 24 hours, according to Coinglass data.

The selloff in the crypto market led to more than $840 million in liquidations over the past 24 hours, according to Coinglass data.

In addition to Fed commentary, industry watchers are also concerned over network decentralization after it was reported that two mining pools now control more than half of Bitcoin’s hashrate.

Bitcoin and Ethereum ETFs have cumulatively registered three straight days of outflows totaling $1.3 billion.

The volatility in the crypto market led to nearly $300 million in liquidations over the past 24 hours, according to Coinglass data.

The selloff in the crypto market led to more than $550 million in liquidations over the past 24 hours, according to Coinglass data.

The volatility in the crypto market led to more than $900 million in liquidations over the past 24 hours, according to Coinglass data.

The sharp crypto sell-off followed July’s PPI inflation report and U.S. Treasury Secretary Scott Bessent’s statement ruling out more Bitcoin Reserve purchases.