Tag: Solana
What is Meteora?
Meteora is a foundational-decentralized finance (DeFi) protocol built on the Solana blockchain, primarily functioning as an advanced Automated Market Maker (AMM). It’s designed to optimize capital efficiency and maximize yield generation for liquidity providers (LPs) through a suite of innovative liquidity solutions. Unlike traditional AMMs, Meteora integrates dynamic features such as real-time fee adjustments,...
First U.S. Solana Staking ETF Draws Strong Investor Interest at Launch
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Historic Launch: The REX-Osprey Solana + Staking ETF (SSK), the first U.S.-listed Solana staking ETF, debuted on July 2, 2025, on the Cboe BZX Exchange.
Strong Inflows: The ETF attracted $12 million in net inflows and $33 million in trading volume on its first day, signaling robust investor interest.
Staking Rewards: SSK offers exposure to Solana (SOL) while staking at least 50% of its assets to generate yields, currently around...
Solana ETF Approval Odds Surge to 91% as SEC Signals Potential Summer Green Light
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Soaring ETF Approval Odds: Prediction market Polymarket shows a staggering 91% probability for a spot Solana Exchange-Traded Fund (ETF) approval by the end of 2025, reflecting a massive surge in positive market sentiment.
SEC Signals Progress: The U.S. Securities and Exchange Commission (SEC) has reportedly asked potential Solana ETF issuers to submit updated S-1 filings, a move widely interpreted as a sign of an accelerated review...
Solana Memecoins Drop Amid PumpFun Token Rumors
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PumpFun, a Solana-based memecoin launchpad, is reportedly preparing a $1 billion token sale at a $4 billion valuation, as per Blockworks.
The news has triggered a sharp decline in Solana memecoins, with FARTCOIN down 13%, BONK down 5%, and POPCAT down 12%.
The PumpFun ecosystem on CoinGecko fell 3.3% to a $3.7 billion market cap, marking it as the worst-performing category on the platform.
PumpFun has yet to confirm the token...
Deep South Era Triumph: 300 pNodes Sold Out
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The Xandeum Network has reached a pivotal milestone in its mission to transform Solana’s storage capabilities: all 300 incentivized devnet pNodes in the Deep South Era have sold out! This achievement, capped at three pNodes per wallet, underscores the overwhelming community support for our vision of a scalable, decentralized storage layer. As we kick off the first of six innovation phases in 2025, the Deep South Era sets a strong foundation...






