Solana (SOL) — Onchain News & Whale Tracking

Due to the coin launch news, pump.fun's Solana Launchpad market share has risen to 49.6% in the last 24 hours.

On July 10th, based on the Jupiter Data Dashboard, it is likely due to a token issuance announcement. In the Solana launchpad market share ranking within the past 24 hours, pump.fun has increased to 49.6% and has taken the top position. Letsbonk is ranked second with 37.8%.

Letsbonk's Solana Launchpad market share in the last 24 hours has risen to 51%, while pump.fun has dropped to 36.4%.

On July 9th, according to the Jupiter Data Dashboard, in the past 24 hours within the Solana Launchpad market share ranking, Letsbonk took the lead with 51%, while pump.fun came in second with 36.4%.

「Goblin」 goblintown Issues New Token gob on the Solana Network, Current Market Cap at $18.6 Million

On July 9th, as per official channels, the NFT project goblintown has officially unveiled a novel token named gob, which is now operational on the Solana network. Based on GMGN market data, the gob token has a market capitalization of $18.6 million and a trading volume of $8.2 million. As per the introduction, gob endeavors to tackle the issues of sustainability and community value erosion in the traditional Meme coin model. It employs innovative token design to establish a more robust and long-term-driven economic ecosystem. The official launch also incorporates an interactive mini-game called "SELL THE TOP" and initiates a community welfare event. During this event, users can participate in the gob airdrop by retweeting the announcement and submitting their SOL wallet addresses.

CME Group's Solana Futures Trading Volume Surpasses $4 Billion

On July 9th, as reported by Cointelegraph, the trading volume of SOL futures on the Chicago Mercantile Exchange (CME Group) has exceeded $4 billion.

Solana Blockchain Token V2EX Market Cap Surges Temporarily to Over $6.6 Million, Setting a New All-Time High

Solana-based Token V2EX Market Cap Surpasses $3 Million, with a 24-hour Trading Volume of $5.7 Million

On July 8th, according to GMGN data, the Solana-based token V2EX has a market capitalization exceeding 3 million US dollars. It is currently at 3.01 million US dollars, with a 24-hour trading volume of 5.7 million US dollars. V2EX is the largest technology and creative worker community in China. It was established in 2010 by Livid. Livid stated that the Meme token V2EX's Pump.fun link was created 9 months ago and has graduated today. The V2EX tokens in the wallet were not sold and are transparent on the blockchain.

The SEC Delays Approval of Fidelity's Physical Solana ETF

On July 8th, the Fidelity Physical Solana ETF's approval by the U.S. Securities and Exchange Commission (SEC) has been postponed.

SEC Sets July Deadline, Requires Solana ETF Applicant to Resubmit Filing

On July 7th, as per sources with knowledge of the matter, although the original deadline for the approval of the Spot Solana Exchange-Traded Fund (ETF) is October 10th, the U.S. Securities and Exchange Commission (SEC) is facing pressure to ensure a smooth approval process. The SEC has asked the issuer to amend and resubmit the Spot Solana ETF application by the end of July, indicating that the approval speed may be quicker than anticipated. This action comes after the automatic approval of the REX-Osprey SOL and Staking ETF, which started trading last week and received automatic approval under the 1940 Investment Company Act, which the SEC was unable to halt. A source with insider knowledge stated: "The SEC is under pressure to accelerate the approval process rather than waiting until the October deadline, especially considering the approval of REX Shares products last week." This reflects that the SEC may be adjusting its strategy to prevent any single product from gaining an undue

Circle to Mint 250 Million USDC on Solana

On July 7th, according to the monitoring of whale-alert, the Circle USDC Treasury minted 250 million USDC on the Solana network at 19:36 (Beijing time).

Letsbonk's 24-hour Solana Launchpad market share has risen to 55.1%, while pump.fun has fallen to 34.9%.

On July 7th, according to the Jupiter Data Dashboard, in the past 24 hours within the Solana launchpad market share ranking, Letsbonk took the lead with 55.1%, while pump.fun came in second with 34.9%.

Public Blockchain Activity Top 7 Days Ranking: Solana Holds the Top Spot

On July 6th, according to Nansen data, the top five blockchains in terms of active addresses over the past 7 days are as follows: Solana (23.45 million), BNB Chain (10.59 million), Base (8.708 million), Tron (6.133 million), and Aptos (4.021 million).

USDC Treasury has minted an additional 5.5 billion USDC on the Solana blockchain in the second quarter.

On July 4th, according to SolanaFloor data, during the second quarter, the USDC Treasury on the Solana chain added a total of 5.5 billion USDC by means of minting.

Japanese Digital Bank Minna Chooses Solana and Fireblocks to Conduct Stablecoin Application Research

On July 4th, as per CoinDesk, Minna Bank in Japan declared a research partnership with Solana, Fireblocks, and TIS to examine how stablecoins and Web3 wallets are transforming Japanese consumer finance. This joint research will center around use cases like payments, on-chain banking infrastructure, and user experiences that are customized for Japan's population with a mobile-first approach. Minna Bank, a subsidiary of Fukuoka Financial Group, mainly caters to a customer base consisting of young people aged 15-39, a demographic that is frequently overlooked by traditional banks.

Solana-based Meme Coin NOBODY hits a current market cap of $37 million, with a 24-hour price increase of 18.75%

Japan's Minna Bank is currently collaborating with Fireblocks, Solana Japan, and TIS to pilot stablecoin and wallet use cases.

On Thursday, July 4th, Minna Bank, Japan's first digital-only bank and a subsidiary of Fukuoka Financial Group, announced that it is currently exploring the utilization of stablecoins and digital wallets to provide support for the country's daily financial services and payment activities. This undertaking is an integral part of a joint research project carried out in collaboration with Fireblocks, Solana Japan, and the Japanese tech firm TIS. The research aims to evaluate the practical application of stablecoins and decentralized wallets in actual banking operations. The study will explore various use cases such as cross-border payments, real-world asset transactions, and daily digital payments. In addition, it will examine the technical viability of issuing stablecoins on the Solana blockchain and assess how Web3 wallets can offer users a more intuitive financial experience.

Circle has minted an additional 250 million USDC on the Solana blockchain.

On July 3rd, according to on-chain data, Circle minted 2.5 billion USDC on the Solana blockchain 3 minutes ago.

Upbit Lists Solana Ecosystem Project MOODENG with KRW, BTC, and USDT Trading Pairs

On July 3rd, according to official information, Upbit will list the MOODENG KRW, BTC, and USDT trading pairs, and trading is expected to start at 17:00 local time on July 3rd.

Circle minted an additional 2.5 billion USDC on Solana this morning.

On July 3rd, according to Solscan data, Circle minted around 250 million USDC on the Solana blockchain at 3:13 AM in Beijing time on July 3rd.

Solana-based Meme Coin NOBODY Surpasses $29 Million Market Cap, with a 24-hour Price Increase of 70.2%

Some Solana Ecosystem Meme Coins Show Strong Rebound, with GOR Surging Over 57% in the Last 24 Hours

GMGN has partnered with xStocks to enable users to trade US stocks on the Solana blockchain.

On July 2nd, according to official information, GMGN has entered into a partnership with Backed to establish the tokenization platform xStocks, which enables users to trade US stocks on the Solana blockchain.

PancakeSwap has now integrated the Solana network

On July 1st, PancakeSwap made an announcement in a post stating that the PancakeSwap v3 liquidity pools have become live on Solana. Liquidity providers (LPs) can now attain high capital efficiency through centralized liquidity and receive up to 84% of trading fees as rewards. Traders can swap Solana-based tokens on PancakeSwap with fees as low as 0.01%.

Solana Ecosystem Advisor Nikita Bier Joins X as Chief Product Officer

On July 1st, as per The Block, social media entrepreneur Nikita Bier has taken on the role of Chief Product Officer at social media platform X. Bier is renowned for establishing social media platforms that were acquired by Facebook and Discord. In March of this year, he joined Solana Labs as an advisor with the aim of facilitating the expansion of the network's mobile app ecosystem.

Bloomberg ETF Analyst: Solana Spot ETF Backed by Staking May Launch This Week

On June 30th, Bloomberg ETF Senior Analyst James Seyffart made a post on social media stating that a staked SOL spot ETF might launch this week.

Solana-based Meme Coin NOBODY Surpasses $21 Million in Market Cap, With a 24-hour Increase of 98.6%

The smart money that previously liquidated their Bitcoin long position, increased their Solana long position, and has now reduced their Solana position along with their HYPE long.

On June 29th, based on on-chain data, a shrewd trader who had previously liquidated more than 40 times the long position in Bitcoin and reduced more than 25 times the long position in ETH. Meanwhile, this trader increased a 20-times long position in SOL. Now, this trader has just reduced their long position by 16,759.86 SOL and decreased their long position in HYPE by 57,756.55 tokens.

Public Blockchain Activity Last 7 Days Ranking: Solana Holds the Top Spot

On June 29th, based on Nansen data, the top five public chains in terms of active addresses within the past 7 days are as follows: Solana (22.75 million), BNB Chain (9.74 million), Tron (6.265 million), Avalanche (6.127 million), and Fantom (4.259 million).

A certain Wise Trader liquidated a 40x long position on Bitcoin this morning and entered a 20x long position on Solana.

Zerion now supports tracking Solana chain address encrypted asset portfolios

On June 26th, according to official information, Web3 wallet Zerion has made an announcement. It now has the capability to track Solana blockchain addresses within portfolios. Users are able to manage their crypto asset portfolios on Solana, Ethereum, and more than 50 other EVM-compatible chains. Additionally, they can follow other wallets and replicate their actions.

Bitwise has submitted a revised S-1 filing to the U.S. SEC for a Dogecoin and Solana spot ETF.

On June 26th, Eric Balchunas, a senior ETF analyst at Bloomberg, posted on Twitter that Bitwise had submitted an amended S-1 filing for its Dogecoin ETF and Aptos ETF. This serves as a positive indication that they are engaged in discussions with the U.S. Securities and Exchange Commission (SEC), which is in line with the trend of approvals for other spot ETFs.

Invesco Galaxy Submits Solana Spot ETF S-1 Filing to the US SEC

On June 26th, as per Cointelegraph, Invesco Galaxy has submitted a Solana spot ETF S-1 to the US SEC.

Grayscale's Solana Spot ETF management fee is expected to be 2.5%

On June 14th, Grayscale submitted an amended S-1 registration statement for its Solana Trust ETF. The filing disclosed that the management fee for this trust product is 2.5%.

U.S. Stock Solana Treasury Firm Upexi Plunges 61.2% Intraday, Investors Register to Sell 43.85 Million Shares

On June 24th, based on market data, the U.S.-listed Solana treasury company Upexi saw a sharp 61.2% intraday plunge, and the stock price is currently at $3.85. Upexi had previously raised $100 million to set up the Solana treasury and currently holds 679,677 SOL. According to TheBlock, the reason for the decline was that investors registered to sell 43.85 million shares, which was equivalent to the company's initial float in April.

Solana Staking Protocol Fragmetric has now enabled Foundation account

On June 24th, Solana's re-staking protocol, Fragmetric, opened its Foundation account, and the co-founder of the project, sang.sol, followed this account. In the past, sang.sol had posted: "Something big is going to happen this week." This led the community to speculate that there might be an announcement regarding the TGE.

U.S. publicly traded company Aurora launches Digital Asset Financial Plan, planning to invest in cryptocurrencies such as Bitcoin, Ethereum, Solana, and SUI

On June 24th, as per Globenewswire, the U.S. listed company Aurora (NASDAQ: JG) announced that its board of directors has given the green light to the launch of a digital asset financial plan. This plan will invest up to 20% of the company and its merged entity's cash and cash equivalents in cryptocurrencies and other digital assets. Such investments may encompass but are not limited to Bitcoin, Ethereum, Solana, SUI, and other tokens. Aurora declared that this decision showcases the company's dedication to innovative financial approaches and its emphasis on generating long-term value for shareholders.

Public Blockchain Activity Last 7 Days Ranking: Solana Holds the Top Spot

On June 23rd, according to Nansen data, the top five public chains in terms of active addresses within the past 7 days are as follows: Solana (27.3 million), Ethereum (14.95 million), BNB Chain (9.943 million), Tron (6.261 million), and Avalanche (3.68 million).

The Solana Foundation Signs Memorandum of Understanding with the Government of Kazakhstan to Collaborate on Establishing a Blockchain Economic Zone

On June 23rd, as per an official proclamation, the Solana Foundation has entered into a Memorandum of Understanding with the Kazakhstan government to set up the first blockchain economic zone in Central Asia. The aim is to boost the development of tokenized capital markets, cultivate Web3 talent, and entice blockchain companies to establish their presence.

Circle: CCTP V2 Launches on the Solana Blockchain

On June 21st, Circle announced in a post on the X platform that its cross-chain transfer protocol CCTP V2 has been launched on the Solana blockchain. This enables developers and users to conduct fast transfers and integrate smart contracts post-transfer. As of now, other blockchains supported by CCTP V2 encompass Arbitrum, AVAX, Base, Ethereum, Linea, Optimism, Sonic Labs, and World Chain.

Solana-based Meme Coin GOR Surpasses $39 Million Market Cap, Up Over 345% in 24 Hours

On June 20th, according to GMGN data, the Solana-based Meme coin GOR has a market capitalization exceeding 39 million US dollars. It is currently at 35.7 million US dollars. The 24-hour trading volume is 130 million US dollars, and it has increased by more than 345% in 24 hours. BlockBeats reminds users that Meme coins often lack practical use cases and experience significant price volatility. Therefore, investment should be approached with caution.

Upbit to Introduce Solana Network USDC Deposit and Withdrawal Service

On June 19th, as per an official announcement by Upbit, USDC (USD Stablecoin) is going to commence supporting deposit and withdrawal services on the Solana network starting from June 20th, 2025, at 11:00 (KST).

VanEck Solana Spot ETF with the ticker code VSOL has been listed on the DTCC official website.

On June 18th, according to the official website of the DTCC, the VanEck Solana Spot ETF has been listed on the DTCC website with the ticker symbol VSOL, and its creation/redemption status is marked as D. Although this does not signify any regulatory approval or a definite outcome of the approval process, being listed on the DTCC website is regarded as a part of the "standard procedure" for launching a new ETF.

The SEC Delays Approval of Franklin's XRP and Solana Spot ETF

On June 18th, as per market reports, the U.S. Securities and Exchange Commission (SEC) has postponed the approval of the Franklin XRP Spot ETF and the Solana Spot ETF.

Solana Co-Founder: Cardano's Proposal to Use Treasury Funds to Purchase Bitcoin is "Extremely Stupid"

On June 16th, Anatoly Yakovenko, a co-founder of Solana Labs, opposed the latest proposal put forward by the Cardano leadership to convert a portion of their treasury funds into Bitcoin. He stated that this idea is flawed, indicating poor treasury management and sending a wrong message to the Cardano community. He remarked: "Projects should hold 18-36 months' worth of operating funds in short-term U.S. Treasuries, and that's the extent." The controversy stems from a proposal made by Charles Hoskinson, the founder of Cardano, on June 13th, suggesting that the blockchain network could convert $100 million worth of ADA tokens from the treasury into Bitcoin and stablecoins. Hoskinson mentioned that the goal was to enhance Cardano's decentralized finance (DeFi) capabilities and address issues within its stablecoin ecosystem. However, critics believe that the proposal shows a lack of confidence in the ADA token. Crypto trader Aaron Dishner argued that this move could be perceived as Cardan

Public Blockchain Activity Rankings in the Past 7 Days: Solana Maintains the Top Spot

According to BlockBeats on June 16th, data from Nansen indicates that during the past 7 days, the top five public blockchains in terms of the number of active addresses are ranked as follows: Solana (31.526 million), Base (7.821 million), BNB Chain (7.095 million), Tron (6.105 million), and Aptos (4.462 million).

Arbitrum, Solana, and Unichain ranked as the top three chains for cross-chain bridge net inflow over the past week.

On June 16th. According to data from DefiLlama, the net inflow of funds to the Arbitrum cross-chain bridge was $656 million in the past week. Subsequently, Solana and Unichain had net inflows of $81.11 million and $79.98 million respectively. Ethereum, Bera, and Avalanche witnessed net outflows of $390 million, $78.98 million, and $32.41 million respectively.

The market value of meme coin Aura on the Solana blockchain has exceeded $240 million, reaching an all-time high.

On June 15th, BlockBeats reported that according to GMGN market data, the market capitalization of the Solana-based meme coin Aura surged to $240 million, reaching an all-time high. It showed a 24-hour increase of 30.76%, with the current market capitalization reported at $223 million and a 24-hour trading volume of $24.1 million. BlockBeats reminds users that meme coins usually lack practical use cases and exhibit significant price volatility. Please invest with caution.

Fidelity Files S-1 for Solana Spot ETF with Staking Option Included

On June 14th, as per market reports, the asset management giant and ETF issuer Fidelity has submitted an S-1 application for a Solana spot ETF. It is worth noting that this ETF provides a staking option for users.

Invesco Galaxy Solana ETF has been registered in Delaware.

On June 13th, based on market information, the Invesco Galaxy Solana ETF has been registered in Delaware.

Polygon introduces its native POL token to Solana via Wormhole's NTT framework

On June 12, according to official channels, Polygon has introduced its native POL token to Solana by utilizing Wormhole's Native Token Transfer (NTT) framework. Wormhole declared, "By making use of NTT, Polygon guarantees that the core functions of POL (such as facilitating transactions, safeguarding the network, and enabling community governance) remain unchanged while expanding into Solana's ecosystem and user base."

The market cap of Meme coin Aura on the Solana blockchain briefly surpassed $150 million, hitting a historic high.