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According to Standard Chartered, Ether (ETH) is positioned to benefit more in the digital asset treasury landscape compared to Bitcoin (BTC) and Solana (SOL) due to favorable funding and growth factors.
The new treasury, backed by Pantera Capital, aims to amass Solana's SOL while competing with Forward Industries' significant investments.
The upcoming Fed rate cut on September 17 could influence the prices of Bitcoin and Ether, impacting market sentiment significantly.
Solana's SOL token has surged nearly 6% to around $240 as Galaxy Digital CEO Mike Novogratz shares his optimistic outlook on the blockchain, suggesting it is well-positioned for financial markets. Analyst Ali Martinez also forecasts a breakout target of $1,314.
Solana experiences a significant price increase attributed to Galaxy Digital's recent token withdrawal, hinting at an emerging demand for digital asset treasuries.
Aave also shows strong performance, climbing 2.4% since Thursday.
Forward Industries aims to become the largest corporate owner of Solana's SOL through a significant private placement.
A recent JPMorgan report indicates that institutional involvement in cryptocurrency appears to be on the rise, with significant holdings in Bitcoin ETPs and increasing digital asset allocations planned by firms for 2025.
With new ETF applications and significant treasury purchases, Solana is poised for impressive growth, similar to Bitcoin's early days, according to Bitwise's CIO.
A significant phishing attack compromised a major Node.js developer, resulting in malicious code embedded in popular packages but only minimal financial gain for the attacker.
This update details the performance of cryptocurrencies with Polkadot (DOT) rising significantly, along with Solana (SOL) showing impressive gains.
The design firm, now a player in digital assets, has received substantial backing to launch its Solana treasury, causing a significant jump in its stock price.
This week in the cryptocurrency market was filled with notable recoveries and ongoing challenges as Bitcoin fluctuated around $112K ahead of significant job reports, while XRP and Solana showcased resilience amid evolving market dynamics.
The Toronto-based asset management firm focused on Solana will start trading on Nasdaq, continuing its focus on growing its digital asset presence.
Solana has recently outperformed Bitcoin and is positioned to follow Ethereum's significant rally, according to market analysts.
In a historic move, the Solana community has overwhelmingly approved the Alpenglow upgrade, anticipated to revolutionize transaction efficiency.
Galaxy Digital's Class A shares are now available for trading on the Solana blockchain through Superstate.
Traders are warning that historical trends show a 12% drop for Bitcoin in September, as Solana's performance stands out.
The Solana community overwhelmingly approved the 'Alpenglow' upgrade, setting the stage for a significant transformation in the network's functionality.
An overview of the recent performance in the CoinDesk 20 Index, highlighting Solana and Polkadot's upward trends.
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