A proposal to revamp Solana’s inflation system has been rejected by stakeholders, yet it is being celebrated as a milestone for the network’s governance. Multicoin Capital co-founder Tushar Jain described the outcome as a victory, stating on March 14, “Even though our proposal was technically defeated by the vote, this ...
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on multiple exchange-traded funds (ETF) applications tied to XRP, Solana, Litecoin, and Dogecoin. In a filing, the agency stated that it had “designated a longer period” to review proposed rule changes necessary to approve these ETFs. Among the affected ...
Solana validators are preparing for a crucial vote on a proposal that could reshape the blockchain’s monetary policy by introducing a dynamic inflation model. The governance proposal, known as Solana Improvement Document-0228 (SIMD-0228), will be up for a vote at Epoch 743, expected to begin today Friday, March 7, 2025 ...
Solana co-founder and CEO Anatoly Yakovenko has expressed strong opposition to the idea of a U.S. government-controlled cryptocurrency reserve, warning that it could undermine decentralization. In a March 6 post on X, Yakovenko outlined his stance, emphasizing that his top preference is no national crypto reserve. He argued that placing ...
Crypto wallet service provider MetaMask will soon undergo a major overhaul of its interface and introduce a host of new features, including native support for Solana and Bitcoin. The update, expected to roll out soon, expanding MetaMask’s functionality beyond Ethereum and EVM-compatible blockchains. This marks a significant shift for the ...
Franklin Templeton has submitted an application to the U.S. Securities and Exchange Commission (SEC) to launch a Solana spot exchange-traded fund (ETF), adding its name to the growing list of asset managers seeking approval. The proposed Franklin Solana ETF would track Solana’s (SOL) price and trade on the Cboe BZX ...
The current state of Cardano and Solana in the market has prompted traders to seek alternatives that may serve as a hedge against potential losses. Among these options, many are turning to a new DeFi token called RCO Finance, with projections of an extraordinary rise of 50,000%. But what are ...
Despite the steadily increasing bullish sentiment in the crypto market, the Solana price and Avalanche (AVAX) have recorded significant declines in their value. A recent Solana price prediction reveals a surprising market shift that's stunned investors. Analysts review that Solana (SOL) and Avalanche (AVAX) are losing ground to a new ...
Coinbase is set to expand its derivatives offerings with the introduction of Solana futures contracts on its subsidiary platform, Coinbase Derivatives. According to a filing with the U.S. Commodity Futures Trading Commission (CFTC) on January 30, the Solana futures will be available starting February 18, 2025. The offering will feature ...
Vitalik Buterin has raised concerns about profit-driven models, such as those seen with protocols on the Solana blcockhain, cautioning that they could undermine Ethereum’s core principles. In a January 23 blog post, the Ethereum co-founder emphasized the importance of maintaining decentralization and a strong social foundation, contrasting Ethereum's vision with ...
