StraitsX will launch XSGD and XUSD on Solana in early 2026, targeting on-chain FX, cross-border settlement, and AI-driven payments with x402 support.
Summary
StraitsX will deploy its SGD- and USD-pegged stablecoins XSGD and XUSD on Solana in early 2026, making it the first L1 to host both assets natively. The launch targets on-chain FX, instant SGD–USD swaps, and cross-border settlement, leveraging Solana’s high throughput and low fees plus liquidity pools on CEXs and DEXs. Both stablecoins will support the x402 payment standard to enable machine-to-machine and AI-agent micropayments in what StraitsX calls the emerging “agentic economy.” StraitsX announced a partnership with the Solana Foundation to deploy its Singapore dollar-backed stablecoin (XSGD) and U.S. dollar-backed stablecoin (XUSD) on the Solana blockchain, with an initial rollout targeted for early 2026, according to a company statement.
The collaboration will make Solana the first Layer 1 blockchain to host both XSGD and XUSD simultaneously, StraitsX said. The company stated the integration is designed to support on-chain foreign exchange use cases and real-time cross-border settlement, utilizing Solana’s high throughput and low transaction costs.
The deployment aims to enable near-instant swaps between SGD and USD without traditional intermediaries, according to the announcement. StraitsX said the launch will facilitate instant currency conversion and settlement for businesses and developers operating on-chain, allowing users to move between SGD and USD within a single ecosystem.
Stablecoin leading crypto infrastructure push Both stablecoins will support the x402 payment standard, enabling machine-to-machine payments, automated transactions, and AI-agent micropayments, the company said. StraitsX described this functionality as positioning the stablecoins for use within the emerging “agentic economy,” where software agents and machines transact autonomously.
StraitsX plans to collaborate with centralized and decentralized exchanges to establish liquidity pools for XSGD and XUSD on Solana, stating that liquidity provisioning will be prioritized to ensure efficient foreign exchange swaps and settlement at scale.
The Solana expansion follows previous issuance of XSGD on Ethereum, Polygon, and Coinbase’s Base Layer 2, extending the stablecoin’s multichain presence.
StraitsX operates as a Major Payment Institution licensed by the Monetary Authority of Singapore. The company reported its stablecoins have processed more than $18 billion in cumulative on-chain transaction volume to date. The firm stated the Solana deployment aims to combine regulatory-grade stablecoins with high-performance public blockchain infrastructure for use cases including cross-border payments, foreign exchange settlement, programmable finance, and AI-driven transactions.
Dusk Network integrovala Chainlink CCIP pro tokenizaci cenných papírů z NPEX, regulované nizozemské burzy s více než 200 miliony EUR financování. DUSK navíc získá nativní převody mezi Ethereum a Solanou.
TLDR: Dusk Network integrates Chainlink CCIP for cross-chain trading of €200M+ NPEX tokenized securities DUSK token gains native transfer capability between Ethereum and Solana via Cross-Chain Token standard Chainlink DataLink becomes exclusive oracle for NPEX exchange data with low-latency institutional feeds Partnership creates compliance framework for European securities to settle across DeFi environments Dusk Network has integrated Chainlink’s infrastructure to tokenize securities from NPEX, a regulated Dutch stock exchange with over €200 million in financing and 17,500 active investors. The partnership establishes cross-chain interoperability for European equities through blockchain rails.
NPEX assets will gain composability across multiple networks while maintaining regulatory compliance. The integration marks a significant step toward institutional adoption of tokenized securities.
CCIP Enables Cross-Chain Movement for Tokenized Equities Chainlink’s Cross-Chain Interoperability Protocol will function as the primary bridge for NPEX tokenized assets on Dusk Network.
The protocol allows securities issued under European regulation to move between blockchain ecosystems without compromising compliance frameworks. CCIP integration extends beyond NPEX securities to include the DUSK native token itself.
The DUSK token will transfer natively between Ethereum and Solana using Chainlink’s Cross-Chain Token standard. This dual-chain presence expands liquidity options for token holders across major DeFi platforms.
Institutional users can now access compliant digital securities regardless of their preferred blockchain environment.
Emanuele Francioni, CEO of Dusk, stated the integration builds infrastructure needed for next-generation real-world asset markets. The combination of CCIP with DataLink creates an end-to-end framework for compliant asset issuance.
Tokenized equities can now settle in DeFi environments while maintaining their regulatory status.
The architecture supports new distribution models for financial instruments across chains. Settlement processes that previously required intermediaries can now execute through smart contracts. This reduces friction in trading European securities for global participants.
DataLink Brings Regulated Market Data Onchain Dusk and NPEX adopted Chainlink DataLink as their exclusive oracle solution for exchange data. The platform will deliver official NPEX pricing and trading information directly to smart contracts. Both organizations become data publishers for regulatory-grade financial information through this arrangement.
Chainlink Data Streams will provide low-latency price updates for institutional applications on Dusk Network. The high-frequency data feed supports trading strategies that require real-time market information. Smart contracts can now access verified financial data with the auditability institutions demand.
Johann Eid, Chief Business Officer at Chainlink Labs, described the collaboration as defining a blueprint for regulated markets onchain. The data standard ensures transparency across tokenized asset platforms. Market participants gain access to the same quality of information available on traditional exchanges.
The integration combines interoperability with verified data feeds in a unified infrastructure. NPEX securities can move across chains while maintaining connection to authoritative pricing sources. This architecture addresses two critical barriers to institutional blockchain adoption simultaneously.
Updated Mar 8, 2024, 8:35 p.m. Published Jan 29, 2024, 7:00 a.m.
2 min read
(Alexander Grey/Unsplash)Trading application Unibot will issue a native Solana ecosystem token that accrues value back to holders of the original Ethereum-based UNIBOT tokens, a move that initially met with criticism and caused volatile price action last week.
Unibot expanded to the Solana ecosystem in late December but said last week it would introduce a UNISOL token that accrued revenue in the form of Solana’s SOL tokens. The decision created concerns among long-time UNIBOT holders, who feared dilution as traders would be inclined to choose the newer token in favor of the older one. A sell-off ensued.
But developers said early Monday that UNISOL could ultimately boost UNIBOT’s value accrual, helping ease some losses from the past few days as traders priced in new information. The Unibot platform connects user wallets to the decentralized exchange Uniswap and lets them punt on tokens just as easily as they would send messages to each other on the popular messaging app by using the messaging application Telegram or a terminal.
UNIBOT slid from over $100 to as low as $48. (DEXTools)“The revenue sharing for protocol revenue generated by @UnibotOnSolana is split 50/50 between two pools,” developers posted on X. “Pool #1: simply being a holder of $UNIBOT on Ethereum, no strings attached. You'll link your Ethereum address, which holds $UNIBOT to a Solana address that receives revenue in the form of SOL. Pool #2: holders of $UNISOL on Solana.”
UNIBOT holders are set to receive some 80% of the supply of UNISOL through a snapshot and claim mechanism. Since its early January launch, over 20,000 users have generated more than $130m in total volume, developers claimed Monday.
//ANNOUNCEMENT
We'd like to clear the confusion around the path forward.
The revenue sharing for protocol revenue generated by @UnibotOnSolana is split 50/50 between two pools, described as follows.
Pool #1: simply being a holder of $UNIBOT on Ethereum, no strings attached.… pic.twitter.com/vqEVVhG1FI
— Unibot (@TeamUnibot) January 28, 2024 On-chain data shows Unibot has garnered 11,700 ether (ETH) in fees since the platform went live in May, paying out a portion of this straight to token holders. Users have also steadily increased, reaching 41,000 on Monday compared to just over 2,000 at the end of last June.
On Sunday alone, the platform generated $74,000 in fees across Solana and Ethereum on $7.5 million in combined volumes.
(Dune)Per Dune Analytics, Unibot's average daily volumes are just above $5.5 million, a long way from the $900 million daily on the market-leading DEX Uniswap.
UNIBOT prices are up 21% in the past 24 hours, DEXTools data shows.
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The Artificial Superintelligence Alliance (ASI) kicked off phase 1 of its token merger process. The project recently announced the beginning of the migration process with the delisting of Ocean Protocol (OCEAN) and SingularityNET (AGIX) from crypto exchanges. However, FET is facing some pressure following its rebranding and supply update.
ASI Token Merger Phase 1 Begins On July 1, the ASI alliance and Fetch.AI (FET) announced the multi-token merger to unify OCEAN, AGIX, and FET. As part of phase 1, withdrawals and deposits with OCEAN and AGIX would close in preparation for the migration to FET.
Additionally, the delisting process from crypto exchanges would begin for the two tokens. Meanwhile, FET would continue to trade as usual, with spot and perpetual trading continuing under the same tricker.
The initial phase of the merger aims to “onboard exchanges and data aggregators for a smooth transition.” Fetch.AI saw a rebrand across platforms. The project took the Artificial Superintelligence Alliance name and logo but kept its ticker.
Moreover, the ASI alliance opened a migration platform on the SingularityDAO dApp to help users migrate their tokens. Some crypto exchanges, including Kraken and Coinbase, revealed they would not support customers on the ASI token merger.
Kraken announced that the trading of OCEAN and FET will continue to be supported on the platform until further notice. The exchange also noted that users must withdraw their tokens to a self-custodial wallet to migrate them.
Similarly, Coinbase informed its users that it chose to “not execute the migration of these assets on behalf of users.” Both exchanges also clarified they would not support the eventual migration from FET to ASI.
FET Retraces Following Rebrand After updating the token’s name, supply, and market capitalization, FET flipped Render (RNDR) in the AI tokens sector. According to CoinMarketCap data, the token is now the 27th largest cryptocurrency by market cap, with $3.38 billion.
Following the rebrand, FET’s price dropped similarly to when the token merger delay news was released. At the time, the merging tokens saw an 8-10% price decline following the rescheduling of the merger. The delay was attributed to logistical and technical issues.
FET fell from the $1.4 support zone on Monday to $1.27, a 9.7% drop in 12 hours. However, the AI token has recovered the $1.3 mark, currently trading at $1.33, representing a 3.6% decline in the last 24 hours.
Some market watchers found this performance disappointing. Some investors believe it might be best not to get involved until the merger is completed. Sjuul Follings, crypto trader and founder of Alt Crypto Games expressed his disappointment with the token’s recent fakeout.
Per the trader, he was optimistic about the late June price action, believing the token was about to break out and expand ahead of the ASI alliance. Nonetheless, FET could not reclaim the $1.8 support zone and retraced to the $1.4 support level over the weekend.
Despite the bearish trend, investors remain optimistic about the token’s future as the merger’s phase 1 is only starting. Some investors forecast a short-term price target of $5 for ASI and a long-term goal of $13.
FET is trading at $1.33 in the weekly chart. Source: FETUSDT on TradingView Featured Image from Unsplash.com, Chart from TradingView.com
UXD Protocol na Solaně ukončuje provoz a DAO hlasuje o uzavření projektu. Pokud návrh projde, vrátí investorům nevyužitý kapitál z vkladů ve výši 7,5 milionu USD a spálí UXP v hodnotě 7,5 milionu USD.
Solana-based UXD Protocol is winding down.UXD DAO is voting to sunset the protocol.The process could take up to two years.Solana-based stablecoin provider UXD Protocol with $7.5 million in user deposits is winding down its operations and will return unused capital to investors, the project announced on Monday.
UXD’s team blamed a lack of liquidity and the inability of its stablecoin model to achieve product-market fit as reasons for sunsetting the project which began in 2021.
“The model does lead to the stablecoin being stable, but [it] is not exciting enough for DeFi users and does not offer enough advantage over centralised stablecoins,” the team said in a DAO forum post on Monday.
“We think sunsetting the project, and returning capital to investors is the best use of capital and team resources.”
The protocol’s shutdown and capital reimbursement process is pending a DAO vote which is already underway and will last for one week.
If the vote passes, the complete shutdown process could take up to two years since there are illiquid assets in its insurance funds, the team said.
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Investor deposits in the UXD ProtocolThe long winddown window gives investors sufficient time to convert those illiquid assets to USDC and withdraw from the protocol.
The team proposed that two smart contract engineers be retained for the duration of the winddown process to ensure investors can redeem their funds.
Monday’s announcement recommended a $200,000 annual salary for both engineers.
As part of the shutdown process, UXD will burn $7.5 million worth of its UXP token.
Stablecoin contenders struggleUXD is one of several projects, alongside Parrot USD and Hubble Protocol, that sought to challenge the dominance of centralised stablecoin issuers like Circle and Tether by offering crypto-backed alternatives.
The Parrot Protocol team rage-quit last year and walked away with $47.5 million, leaving aggrieved investors with only $27 million in the reserve pool to share among themselves.
That meant several investors exited the project with only a fraction of what they put into the protocol.
Hubble Protocol’s USDH stablecoin is only worth $2.7 million, a tiny fraction of the $3.8 billion Solana stablecoin market.
While UXD was never hacked directly, it was one of the projects affected by Avraham Eisenberg’s $110 million exploit of Solana lending protocol Mango Markets in October 2022.
The protocol lost $19.9 million following the exploit but was able to recover the funds shortly after.
Osato Avan-Nomayo is our Nigeria-based DeFi correspondent. He covers DeFi and tech. To share tips or information about stories, please contact him at [email protected].
Jito Labs v červenci spustí JTX, spotovou obchodní aplikaci pro spotřebitele na Solaně. Později chce přidat perpetual kontrakty a funkce prediction market.
On May 5, Jito Labs—the Solana ecosystem’s staking protocol—announced plans to launch JTX, a consumer-focused crypto trading app, in July this year. This marks its official shift from the infrastructure layer to front-end transaction services. Early versions of JTX will support Solana-based spot trading, with plans to later integrate perpetual contracts and prediction market functionality. Access to the perpetual products may be facilitated via Phoenix, a trading platform within the Solana ecosystem. Founded in 2021, Jito currently has approximately 39 employees and holds over $1 billion in cash. The company delivered strong performance in 2025, once generating nearly $6 million in revenue in a single week amid popular on-chain transactions on Solana (such as the meme coin craze). Last year, it secured a $50 million investment from Andreessen Horowitz’s crypto fund. Jito CEO Lucas Bruder stated the firm is no longer content with merely providing underlying infrastructure. Instead, it aims to directly reach users through in-house developed apps to enhance the on-chain transaction experience.
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Phoenix Trade na Solaně spouští mobilní obchodování přes prohlížeč telefonu nebo vestavěný prohlížeč peněženky, bez nutnosti instalace aplikace. Nabízí stejný orderbook jako na desktopu včetně limitních příkazů a on-chain vypořádání.
Phoenix Trade, the on-chain perpetuals exchange built on Solana, has opened up mobile access for its trading platform. Users can now trade directly through their phone’s browser or wallet-embedded browser without downloading a separate app.
What Phoenix is actually offering on mobile The mobile version isn’t a stripped-down companion app. Phoenix is pushing the same orderbook experience to mobile that desktop users already have, including limit orders, on-chain settlement, and instant fund withdrawals after trades complete.
Phoenix processes trades with an average settlement time of roughly 0.5 seconds. Users can access the platform by navigating to phoenix.trade on their mobile browser or through their wallet’s built-in browser. The platform also supports referral codes for fee sharing and builder codes that let developers route order flow through Phoenix.
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The numbers behind the timing Phoenix didn’t launch mobile into a vacuum. The platform recorded an all-time high daily trading volume of $4.3 million on May 13, 2026, less than three weeks before the mobile launch.
Phoenix runs a fully on-chain orderbook, which means every order, every fill, every cancellation lives on Solana’s ledger. Most competing perpetuals platforms rely on oracle-based pricing or off-chain matching engines to hit their volume numbers. Oracle-based perp platforms essentially take a price feed from somewhere else and let traders bet against it. A fully on-chain orderbook means real buyers and sellers are matching directly, with the blockchain serving as both the matching engine and the settlement layer.
From spot DEX to perpetuals platform Phoenix originally launched on Solana’s mainnet in 2023 as a spot limit-orderbook DEX, built by a team called Ellipsis Labs. The expansion into perpetual futures was the natural next step. Building a perp product on top of an existing orderbook infrastructure gave Phoenix a structural advantage over teams starting from scratch.
The mobile launch fits into a broader pattern within the Solana ecosystem that has been leaning heavily into mobile-first crypto experiences. Solana Mobile’s hardware efforts, including dedicated Android devices optimized for crypto, have created a small but growing cohort of users who expect to do everything from their phones.
What this means for traders and the Solana ecosystem Phoenix’s approach of using the mobile browser rather than a native app sidesteps app store friction for both users who don’t want another app and developers who have to navigate Apple and Google’s policies toward crypto applications.
The risk, as always with on-chain orderbooks, is liquidity. A $4.3 million daily volume high is encouraging but still thin enough that large orders could move markets in ways that deter institutional or semi-professional traders.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Travala.com plně integroval Solanu a nově nabízí odměny v SOL za cestovní rezervace. Uživatelé mohou také bez poplatků vkládat a vybírat SOL, USDT a USDC.
Users may now take advantage of zero-fee transactions when booking travel by using the Solana network integration. Additionally, user account wallets now support SOL, according to Travala.com. Crypto-native travel platform Travala.com, has said that it has extensively integrated the Solana network across the platform and will provide SOL travel rewards to users of its loyalty program. Following an AVA community vote, the integration will also see the deployment of AVA—the token used to access the travel reward program on Travala.com in conjunction with the AVA Foundation—deployed on Solana, making it the third network after Ethereum and BNB Chain where the AVA token may be accessible.
Travel bookings utilizing assets on the Solana network, such as SOL itself and USDT, USDC, and more, are now possible for Solana users thanks to Travala.com’s decision to offer support for the fourth-largest blockchain in the world by market capitalization.
Travelers will soon be able to use the AVA Smart Program, the travel loyalty program accessible on Travala.com, to get up to 10% of every booking back in SOL rewards as part of the extensive integration. As of right now, loyalty members may choose from a variety of travel reward alternatives based on their tier, including Bitcoin, AVA, and Travala.com Travel Credits. SOL will only be the third reward token available inside the loyalty program.
Additionally, user account wallets now support SOL, according to Travala.com. Less than ten cryptocurrencies are supported natively by the account wallet, despite the fact that Travala.com supports over 100 cryptocurrencies. Users may now take advantage of zero-fee transactions when booking travel by using the Solana network integration to make deposits and withdrawals of SOL, USDT, and USDC into their Travala.com account.
Juan Otero, CEO of Travala.com stated:
“The Solana network has become one of the most-used blockchains due to its cost effectiveness and scalability. Not only is the amount of activity within the Solana ecosystem incredible, so is the creativity. As innovators at Travala.com, the technologies that can be harnessed on the Solana network open significant avenues to build the next phase of travel.”
Beyond extending support for the Solana network and the soon-to-be SOL travel rewards, the connection goes beyond that. Travala.com has pledged to embrace the Solana ecosystem and will develop products on the high throughput network to capitalize on Solana’s cheap transaction costs and scalability. Going forward, Travala.com’s development strategy will be centered on Solana, with the aim of developing products that increase the practical applications of the Solana ecosystem.
The recent decision by Skyscanner to integrate Travala.com, which makes its inventory of more than 2,200,000 hotels completely discoverable on Skyscanner’s platforms, is followed by Travala.com’s integration with Solana. With this integration, Travala.com became the first crypto-native travel platform to be included to Skyscanner, a website that receives 110 million monthly visitors and users complete 80 billion searches daily.
Travala.com, which was established in 2017, is the top crypto-native travel booking platform, including over 2,200,000+ properties across 230 countries, over 400,000 activities, and over 600 airlines worldwide. As an advocate for the use of cryptocurrencies, Travala.com accepts more than 100 popular cryptocurrencies in addition to conventional payment options. For qualifying reservations booked on Travala.com, Smart members may take advantage of extra savings and loyalty benefits in addition to the website’s amazing pricing via its Best Price Guarantee. Go to www.travala.com to learn more about Travala.com.
A trader himself, Rossi has 7 years of experience trading in the forex market and the passion for writing has brought him to Newscrypto. He is the perfect combination of market knowledge and writing skills, making him one of the most sought-after writers on cryptocurrency.
MAP Protocol spustil interoperabilitu mezi Bitcoinem a Solanou, která umožňuje decentralizované převody SOL-BTC bez prostředníků. Řešení využívá zero-knowledge proof a má být peer-to-peer i trustless.
MAP Protocol, a well-known Bitcoin L2 to increase cross-chain interoperability, has announced an exclusive development. As per MAP Protocol, the platform is launching comprehensive interoperability between the Bitcoin and Solana networks for seamless asset transfers. The platform disclosed this endeavor on its official social media account on X.
📢 MAP Protocol Officially Announces Interoperability Between Solana and Bitcoin Networks
MAP Protocol has officially announced the successful implementation and launch of interoperability between the Solana and Bitcoin networks. Users can now perform decentralized SOL-BTC… pic.twitter.com/6GjUV8STD0
— MAP Protocol (@MapProtocol) May 9, 2025 MAP Protocol Introduces Interoperability between Solana and Bitcoin Ecosystems MAP Protocol’s announcement of interoperability between the Bitcoin and Solana networks is a groundbreaking development. This endeavor focuses on opening latest possibilities when it comes to cross-chain interactions and advanced DeFi applications. The prominent apps, such as Cross-chain Swap, are already utilizing this breakthrough advancement. This development permits consumers to carry out $SOL-$BTC transfers without depending on intermediaries or centrally controlled exchanges.
The interoperability integration between the Bitcoin and Solana ecosystem leverages cutting-edge zero-knowledge proof technology. In addition to this, it also utilizes light user mechanisms to sustain an increased level of efficiency and security. In this respect, it guarantees a seamless and trustless consumer experience.
The development is specifically noteworthy as Bitcoin, dissimilar to the modern blockchains, does not have local smart contract functionality. Hence, this interoperability layer offers a matchless interaction with the high-performance blockchain of Solana. Solana is renowned for its low fees and rapid speeds. As a result of this initiative, MAP Protocol is reportedly leading toward increased blockchain composability.
Driving Utility, Interoperability, and Efficiency among Solana and Bitcoin Networks According to MAP Protocol, the interoperability solution for the Solana and Bitcoin networks is completely peer-to-peer and decentralized. It reinforces the platform’s endeavors to establish a trustless infrastructure. Specifically, consumers will retain complete control over assets during the entire process. Overall, this interoperability now just improves utility for Solana and Bitcoin consumers but also paves the way for a relatively efficient and interconnected Web3 landscape.
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Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Jupiter a Bitwise spustily na Solaně izolovaný USDe lendingový trh pro institucionální klienty. Bitwise bude spravovat parametry poolu a Fluid dodá kolaterální a lendingovou infrastrukturu.
TLDRBitwise and Jupiter Launch Isolated USDe Market on SolanaUSDe Gains Dedicated Lending Support Through Fluid IntegrationGet 3 Free Stock Ebooks Jupiter has partnered with Bitwise to launch an isolated USDe lending market on Solana. Bitwise will curate the dedicated USDe pool within Jupiter Lend for institutional participants. The USDe market will operate separately from Jupiter Lend’s main liquidity layer. The structure aims to manage risk and support institutional capital participation. Fluid protocol will provide collateral and lending infrastructure for the isolated pool. Jupiter has partnered with Bitwise to launch an isolated USDe lending market on Solana. The firms announced the initiative on Wednesday and confirmed institutional access. The structure separates USDe liquidity and integrates Fluid for lending infrastructure support.
Jupiter confirmed that Bitwise will curate a dedicated USDe market on Jupiter Lend. The platform will isolate this market from its main liquidity layer to manage risk. The firms said the structure aims to support institutional capital with controlled exposure.
Bitwise will oversee market parameters while Jupiter provides the lending framework. The setup marks the first time an institutional asset manager curates a market on Jupiter Lend. The companies stated that this approach strengthens risk management and capital efficiency.
The isolated pool will function independently from other lending markets on the platform. As a result, liquidity risks from other assets will not affect the USDe market. The partners said this design aligns with institutional compliance standards.
Jonathan Man, Head of DeFi Strategies at Bitwise, addressed the launch. He said, “Jupiter and Fluid have built unique infrastructure for efficient lending markets.” He added that the design provides deep liquidity and risk-mitigating features.
USDe Gains Dedicated Lending Support Through Fluid Integration The initiative integrates Fluid protocol to supply collateral and lending infrastructure. Fluid will support collateral management and borrowing operations within the isolated pool. The firms confirmed that this integration enhances operational efficiency.
The new market allows users to earn yield on USDe within Jupiter Lend. USDe functions as a synthetic asset that maintains a stable value target. Ethena Labs issues the token and oversees its underlying structure.
Guy Young, CEO of Ethena Labs, commented on the development. He said, “USDe is an institutional-grade savings product, built for scale.” He added that the combined infrastructure creates an efficient USDe market ready for DeFi adoption.
USDe launched in early 2024 and expanded rapidly across crypto markets. By mid-2025, it ranked as the third-largest stablecoin by market capitalization. The asset attracted institutional participation during its early growth phase.
However, USDe later declined in market rankings after volatility pressures. A crypto market crash on Oct. 10 exposed decoupling risks linked to the asset. Market data showed fluctuations in USDe’s price stability during that period.
Jupiter and Bitwise did not disclose specific yield rates for the market. They confirmed that the structure will operate under defined collateral parameters. The companies stated that the market is now live on Solana.
Coinbase, the leading cryptocurrency exchange, has added two new assets to its roadmap today. The newly listed assets are Solana ecosystem’s Shadow Token (SHDW) and Neon EVM (NEON), both of which are SLP tokens. Moreover, the SHDW and NEON prices skyrocketed after the latest announcement.
Coinbase Lists Shadow & Neon Shadow Token is described as the utility token powering the Shadow dePIN ecosystem. Furthermore, it aims to revolutionize the way transactions are conducted within its ecosystem. On the other hand, Neon EVM is a smart contract operating on the Solana blockchain, offering innovative solutions within the decentralized finance (DeFi) space.
Following the announcement of their addition to Coinbase’s roadmap, both SHDW and NEON experienced a remarkable surge in their prices. This reflects the market’s enthusiasm for these new listings, especially amid the Solana community.
In a recent blog post, Coinbase reaffirmed its commitment to expanding its asset offerings while maintaining rigorous standards for legal, compliance, and technical security. The exchange emphasized that its evaluation criteria do not consider factors such as market capitalization or project popularity. Instead, Coinbase focuses on ensuring that listed assets meet stringent requirements to safeguard users’ funds and uphold the integrity of its platform.
However, Coinbase also noted that not all projects meet its standards. This indicates that there are assets that have been excluded from listing at this time due to regulatory concerns or other reasons. Hence, the addition of SHDW and NEON to Coinbase’s roadmap represents a significant milestone for both projects, providing them with increased exposure and credibility within the cryptocurrency ecosystem.
Also Read: Coinbase To Store Users’ USDC Balances On Base Network
Shadow & Neon Price Rally The Shadow Token price propelled toward a new all-time high after the Coinbase announcement. As of writing, the Shadow price skyrocketed by 55.39% to $2.26 on Wednesday, March 27. In addition, its market cap surged to $362.25 million. Moreover, the SHDW 24-hour trade volume spiked by a whopping 1241.52% to $21.41 million.
Whilst, the Solana ecosystem’s Neon crypto price surged 21.94% to $1.78 today. Furthermore, the crypto’s market valuation soared to $102.92 million. Additionally, the trading volume for Neon jumped by a staggering 638.25% to $35.54 million in the past 24 hours. However, the peak of $1.79 attained during the rally was still 53.62% short of its all-time high of $3.86.
Also Read: Bitcoin Exchange Supply Hits All-Time Low With 58K BTC Pulled Out Of Coinbase
Coinbase zařazuje Solana altcoin Shadow Token (SHDW) do obchodování a označuje ho jako experimentální aktivum. Po zprávě SHDW vyskočil z denního minima 1,83 USD na 2,17 USD, tedy o více než 18 %.
One Solana (SOL)-based altcoin is soaring after landing a surprise listing on Coinbase, the top crypto exchange in the US.
In an announcement via the social media platform X, Coinbase says it’s adding Shadow Token (SHDW) to its trading platform.
[adinserter block="1"]
Shadow Token is expected to be available on the platform starting Wednesday, at noon Eastern Standard Time. Amid the listing news on Tuesday, Shadow Token shot up from the day’s low of $1.83 to a high of $2.17, a gain of more than 18%.
Shadow Token has since retraced slightly, trading at $1.95 at time of writing, up 7% in the last 24 hours.
Coinbase is tagging Shadow Token with the experimental asset label, a designation for digital assets that pose certain risks such as price swings.
Shadow Token is a cryptocurrency designed for the sustainability and security of decentralized data storage infrastructure. It serves as the native token for the ShdwDrive network, a high-performance cloud storage platform.
Says the project team,
“Network mechanisms such as staking, halving, slashing and recycling – are carefully designed to work together to make SHDW an effective tool for securing the network and driving value. These mechanics, along with rewards and incentives, are designed to convert token holders into active participants who are helping to secure the network.”
Coinbase also just announced another Solana-based altcoin for trading with the experimental asset label, Tensor (TNSR). Tensor is the most popular non-fungible token (NFT) platform on Solana.
At time of writing, TNSR is trading for $1.60, down more than 14% in the last 24 hours.
Metalpha (NASDAQ: MATH) začala přijímat vklady v Bitcoinu přes Zeus Network v síti Solana. Partnerství má posílit likviditu a bezpečnost cross-chain transakcí s Bitcoinem.
PANews reported on August 25th that Zeus Network has officially announced a strategic liquidity partnership with Metalpha (NASDAQ: MATH), enabling Bitcoin deposits through APOLLO, the first decentralized application (dApp) on Zeus Network. Metalpha, an institutional asset management firm focused on digital assets, has begun accepting Bitcoin deposits through the Zeus Network on Solana.
As part of this partnership, Metalpha will leverage Zeus Network's permissionless infrastructure as a liquidity provider, supporting network security through decentralized verification. The Metalpha team chose Solana to deploy Bitcoin liquidity because of its high-performance DeFi environment and highly active community. By providing Bitcoin to Zeus Network, Metalpha injects liquidity into Solana and strengthens the security of cross-chain Bitcoin transactions, seeking new avenues for sustainable on-chain yield generation. As Solana becomes a major hub for institutional-grade digital asset innovation, Zeus Network is expanding its ecosystem to ensure that Bitcoin liquidity remains fundamental to DeFi growth. Leveraging Metalpha's expertise in structured financial products and risk management, this partnership is expected to enhance the financial capabilities of the Solana network and Bitcoin as an asset, adding fuel to the already booming DeFi market.
Justin Wang, co-founder and CEO of Zeus Network, said: “With Metalpha joining Zeus Network as a liquidity provider, we can leverage their experience in digital asset management to continue developing more accessible and scalable Bitcoin liquidity solutions for institutional Bitcoin holders.”
Upgrade Alpenglow na Solaně má výrazně snížit poplatky za hlasování a zlevnit provoz validátora, který dnes stojí asi 5 000 USD měsíčně, z čehož přibližně 4 000 USD připadá na samotné hlasovací poplatky. Podle Marinade Labs to může přilákat více validátorů a zlepšit decentralizaci.
Solana’s upcoming Alpenglow upgrade could mark a turning point for the network’s staking economy. (CoinDesk)Summary
As the Solana ecosystem is preparing for the upgrade to come at the end of this year or in early 2026, Repetny shares how he thinks this shift could expand validator participation and improve decentralization, even as higher hardware demands loom.
This interview has been edited for brevity and clarity.
Solana’s upcoming Alpenglow upgrade could mark a turning point for the network’s staking economy. CoinDesk sat down with Michael Repetny, CEO of Marinade Labs, the firm that supports Solana’s liquid staking protocol Marinade, to discuss how the update aims to change the economics of running a validator on Solana, significantly lowering the barrier to entry.
As the Solana ecosystem prepares for an upgrade at the end of this year or in early 2026, Repetny shares his thoughts on how this shift could expand validator participation and improve decentralization, even as higher hardware demands loom.
This interview has been edited for brevity and clarity.
CoinDesk: Talk to me about the state of Solana staking – what are the most pressing issues right now in this area, in your opinion?
Michael Repetny: So when we started Marinade, there were 700 validators on Solana, with 11 of them big enough to potentially halt the network.
Then we launched Marinade during the first few years, the number of validators grew to 2000 so it looked great. Right now we are below 1000 validators again active on Solana.
I think there are other signals [on the health of Solana staking]. Another way of looking at it is if you look at the concentration of the stake, which is, if you get one-third of that stake to shut down, Solana stops working.
It takes right now around 20 of the biggest violators to do that, or also it takes two countries and it takes two data centers right now. Those are like different ways to look at it. So, it is not ideal.
We would rather see hundreds of bad quality validators than thousands of them with people just running potatoes.
And with the ETFs and with institutional interest, I think that centralization is becoming a greater risk.
At Marinade, we’re trying to make sure that we have a viable option for validators to stake in a responsible way.
Solana has a major upgrade coming called Alpenglow. How will it affect the staking ecosystem?
We are hopeful, and it should impact the staking and validator economics. There is a proposed change to just cut down the vote fees for validators (vote fees are incurred by validators when they vote on processing SOL on the blockchain). So this is a huge one, because right now, if you want to run a validator, just to get it started, you need to pay about $5,000 a month.
Of those $5,000, about $4,000 is spent on just the voting fees. So as you can see, 80% of the cost today to spin up your validator is vote fees. Alpenglow aims to turn the vote fees to be much less. This is super exciting, and should make it much more accessible to start their own validator because the cost will go down
Will there be any changes to Solana validator rewards?
One way to look at it is to cut the cost of running a validator. Alpenglow is really about increasing the bandwidth and reducing latency.
We hope to see more saturated blocks when we pack them better, which should also improve the economics of the validators by packing the blocks.
Another benefit to that would be that if you increase the bandwidth and reduce the latency, then there is a shorter time for arbitrage and malicious maximum extractable value (MEV). This means if there's less time to manipulate the ordering of the transactions, there's going to be less toxic and malicious MEV happening, which is great for users.
Are there any tradeoffs for validators with Alpenglow?
Maybe eventually the hardware cost might go up. There may be a higher requirement on the end validators to make sure that they still keep up with the network, as there will be more transactions coming in. Maybe with the more requirements on them, there could be a trade-off. Other than that, I don't know. There will be problems, but we have to see once we are there.
How does Alpenglow tie back to Marinade’s mission?
It makes it more accessible to spin up just more validators. The threshold for being break-even is way lower.
So Alpenglow is coming at the end of the year or maybe early next year – is this going to be a really big transformation or just another upgrade? And where does Solana head after that?
It's one of the pieces that need to be sorted out for Solana to be and stay competitive with things like Hyperliquid or decentralized exchanges.
Solana is working on fixing the protocol with Alpenglow, fixing the infrastructure with new projects like DoubleZero, fixing the software clients and optimizing Firedancer. All those things, hopefully now, are all coming together.
A six-month timeframe might not be enough for the results to show, but once it's out there, it's hopefully going to unlock use cases that wouldn't be available on Solana at present.
Hopefully, there will be more economic activity, which should translate to more revenue, and hopefully that pie grows.
Read more: Solana Set for Major Overhaul After 98% Votes to Approve Historic 'Alpenglow' Upgrade
Bloomberg potvrdil, že Fidelity Solana ETF (FSOL) a Canary Marinade Solana ETF (SOLC) mají začít obchodovat v úterý. Na trhu tak bude pět spotových Solana ETF.
Bloomberg ETF analysts confirm Fidelity Solana ETF (FSOL) and Canary Marinade Solana ETF (SOLC) to launch on Tuesday. With the launch, the crypto industry will have five spot Solana ETFs to trade, but SOL price keeps dipping despite inflows in SOL exchange-traded funds.
Fidelity Solana ETF (FSOL) Waives Fees for 6 Months According to an SEC filing on November 18, Fidelity Solana ETF has waived 0.25% for a period of six months. In addition, the issuer will also bear the staking fee on all staking rewards generated from the first $1 billion assets.
The ETF becomes auto-effective with an 8-A filing and gains approval from NYSE Arca to list shares under the ticker symbol FSOL, according to US SEC filings.
Bloomberg’s senior ETF analyst Eric Balchunas said the Fidelity Solana ETF is slated to launch on November 18. The trust has set a management fee of o.25%.
“Easily the biggest asset manager in this category with BlackRock sitting out,” he added. BlackRock has denied interest in launching any ETF beyond Bitcoin and Ethereum ETFs currently. Bloomberg analyst Balchunas quoted the launch amid continuous inflows as “Game on” as Bitwise’s BSOL has almost $450 million in assets under management.
ETF Prime host Nate Geraci revealed that the world’s third-largest asset manager Fidelity now has both direct SOL access and spot ETFs.
Fidelity recently rolled out *direct* spot solana trading…
Tomorrow they’ll launch spot sol ETF.
So both direct sol access & spot ETFs.
World’s *third* largest asset manager.
Welcome to the future.
Still surprised BlackRock sitting this one out. pic.twitter.com/h4JqUHMYB2
— Nate Geraci (@NateGeraci) November 18, 2025
Canary Marinade Solana ETF (SOLC) Launches Today In addition to the Fidelity Solana ETF, the Canary Marinade Solana ETF also gains approval from the Nasdaq to list shares under the ticker symbol SOLC, as per a CERT filing with the US SEC.
Bloomberg ETF analyst James Seyffart claims that Canary Capital, in partnership with Marinade Finance, to launch the SOLC on Tuesday. Marinade is the SOL staking partner. It has a management fee of 0.50%, with no waiver announced yet.
SOL Price Rebounds SOL price has tumbled by more than 20% in a week despite continued inflows into Solana ETFs. With nearly $400 million in total inflows in Solana ETFs, VanEck Solana ETF (VSOL) launched on Monday to join others.
Solana tumbled 9% today, with the price currently trading at $134.35. The 24-hour low and high are $129.02 and $142.47, respectively.
However, it recorded more than 3% rebound from the 24-hour low. Trading volume has increased by 60% in the last 24 hours, indicating a rise in interest among traders in response to the Fidelity Solana ETF launch.
CoinGlass data showed buying sentiment in the derivatives market in the past few hours. At the time of writing, the total SOL futures open interest jumped 0.61% to $7.43 billion in the last 24 hours. The 4-hour SOL futures open interest climbed nearly 2%.
VanEck, Fidelity a Canary spustily nové Solana ETF, zatímco souhrnné přílivy do těchto fondů přesáhly 380 milionů USD. SOL přesto za týden klesl o 20 % a obchoduje se za 134,35 USD.
TLDR VanEck Solana ETF (VSOL) launched Monday with waived 0.3% fees until February 17 or $1 billion in assets Fidelity Solana ETF (FSOL) and Canary Marinade Solana ETF (SOLC) both launched Tuesday Grayscale Dogecoin ETF expected to launch November 24 pending SEC response Combined Solana ETFs have attracted over $380 million in inflows despite SOL price dropping 20% weekly SEC’s September listing standard changes enabled faster crypto ETF approvals without individual assessments The cryptocurrency market witnessed a wave of new exchange-traded fund launches this week. VanEck’s Solana ETF began trading Monday while Fidelity and Canary Capital followed with their own Solana funds on Tuesday.
VanEck’s VSOL joined existing Solana ETFs from Bitwise and Grayscale that debuted in late October. These three funds have collectively attracted over $380 million in investor capital.
The new VanEck fund offers staking yields similar to its competitors. Investors’ Solana tokens are locked on the blockchain to earn rewards through the staking process.
VanEck has waived its 0.3% management fee until February 17 or until the fund reaches $1 billion in assets. This temporary fee waiver aims to compete with existing funds charging 0.25%.
Fidelity Enters the Market Fidelity’s Solana ETF launched Tuesday on NYSE Arca under the ticker FSOL. The fund charges a 0.25% management fee matching most competitors in the space.
Bloomberg ETF analyst Eric Balchunas noted Fidelity is the largest asset manager in this category. BlackRock has chosen to sit out and has expressed no interest in launching ETFs beyond Bitcoin and Ethereum.
Canary Capital partnered with Marinade Finance to launch their Solana ETF on the same day. The SOLC fund trades on Nasdaq with a 0.50% management fee.
Marinade Finance serves as the staking partner for Canary’s fund. The company has not announced any fee waivers at this time.
The Securities and Exchange Commission changed its listing standards in September. These new rules allow for faster approvals without requiring individual assessment of each fund.
Dogecoin ETFs on the Horizon Grayscale’s Dogecoin ETF could launch as early as November 24. The fund triggered a 20-day launch window after filing amendments earlier this month.
The Grayscale Dogecoin Trust would convert from its existing fund structure. It plans to trade on the New York Stock Exchange under the ticker DOGE.
This would be the first US Dogecoin ETF able to directly hold the memecoin. REX Shares and Osprey Funds launched a DOGE ETF in September but it holds cryptocurrency through an offshore subsidiary.
Bitwise filed for its own spot Dogecoin ETF on November 6. The filing triggered another 20-day launch timer that could see the fund go live late next week.
Solana’s price has fallen despite strong ETF inflows. The token dropped 20% over the past week and 9% in 24 hours before rebounding slightly.
Solana Price on CoinGecko SOL currently trades at $134.35 after touching a 24-hour low of $129.02. Trading volume increased 60% in the last 24 hours.
Bitwise’s BSOL fund has accumulated almost $450 million in assets under management. The combined inflows demonstrate investor appetite for cryptocurrency exposure through regulated products.
Derivatives data from CoinGlass showed buying sentiment returning in recent hours. Total SOL futures open interest rose 0.61% to $7.43 billion in the past 24 hours.
Marinade Select v listopadu 2025 překročil 3,1 milionu SOL v TVL, což za měsíc znamenalo trojnásobný růst. Stal se klíčovým stakingovým backendem pro institucionální produkty na Solaně.
Solana’s staking ecosystem accelerated in 2025, driven by both retail users and institutions. Native staking remained the dominant pillar, supported by elevated yields during the 2024–2025 cycle. Marinade, as one of the pioneers in this field, grew in native staking. Its native staking product consistently delivered high performance, with peak APY reaching double digits (11.64%) during November 2024 and remaining competitive through 2025.
Liquid staking tokens also continued their upward trajectory in 2025, increasing from roughly 11% of all staked $SOL in early 2025 to over 14% by October. During this period, $JitoSOL, $dzSOL, and $bnSOL grew significantly, while $mSOL shifted to fifth place. This shift highlights intensifying competition among LSTs and signals a broader strategic recalibration for Marinade as market dynamics evolve.
Shift Toward Native Staking in 2025 Marinade’s overall staking footprint rebounded as $SOL’s market recovery gained momentum. By Q3 2025, its total staked $SOL surpassed 10M, but the more significant development was the clear shift toward Native staking, which overtook the protocol’s LST segment and established itself as the dominant component.
While LSTs continued to offer meaningful advantages, enhancements to delegation infrastructure, refined reward mechanisms, and the introduction of features such as instant unstake enabled the Native segment to demonstrate materially stronger and more sustained growth.
Speaking to SolanaFloor about this shift, Michael Repetný, co-founder of Marinade Finance, explained the dynamics behind this transition:
“Institutions and retail alike still prefer safety and security over liquid staking. Marinade launched with Bitgo integration and another native staking integrations to be announced soon, so we expect that trend to follow. While we do have an exciting product for mSOL too to be announced with an ecosystem partner. So we shall see what product wins in 2026.”
Institutions Enter the Staking Layer 2025 marked a turning point for institutional adoption. Asset managers and custodians are increasingly integrating staking into their products, beginning with ETPs and eventually expanding into treasury allocations. VanEck’s staking-enabled Solana ETP signaled the first wave of TradFi interest, addressing dilution concerns by incorporating staking yield directly into fund performance.
Rapid Institutional Growth of Marinade Select Marinade became a central infrastructure partner for institutions. Marinade Select, the protocol’s enterprise‑grade staking service, offered a curated validator set with audited performance, slashing protection, and strict operational standards. Partnerships with BitGo, Zodia, and Copper strengthened this positioning.
By mid‑2025, Marinade Select had become the designated staking backend for institutional products, including the Canary Solana ETF (SOLC). Corporate adoption accelerated, and by November 2025, Marinade Select’s TVL surpassed 3.1M $SOL (~ $436M), representing a threefold growth within the month. Notably, this expansion occurred in less than six months, underscoring the rapid pace at which institutions adopted Solana staking through Marinade’s infrastructure.
When asked about the current sentiment among institutional players toward Solana staking yields, associated risks, and the scale of allocations they are now prepared to deploy, Repetný offered his perspective:
“Everyone is cautious but def more open towards more risky products like LSTs and DeFi, which is a slight shift since the new administration. There's extreme margin compression in the institutional space, leaving validators with close to zero upside since the alternative for the institution is to spin up their own node themselves. What's going to be interesting is how the institutions adapt to a more versatile environment with multiple MEV engines like Harmonic, Paladin etc.”
Institutional Staking Becomes Marinade’s New Growth Engine Marinade’s core business historically centered on liquid staking through $mSOL, but the rapid rise of its institutional‑grade product signals a major market shift. With Marinade Select surpassing 3.1M $SOL in TVL by November 2025, the growth trajectory suggests this segment may soon become the primary pillar of the protocol’s business.
A key question arises: why do institutions continue to choose Marinade Select despite its comparatively lower APY? Repetný provided a more formal perspective on the institutional considerations driving this shift:
“Marinade Select is a KYC-only product built on top of known and reputable community validators, making it a superior choice to decentralize Solana in the best way possible, avoiding sybils and questionable validators, while staying competitive in yield. We expect Select APY to be on par with self-staking yield very soon, with more announcements to come.”
Outlook Solana’s staking ecosystem enters 2026 with growing indications that institutional staking may become the dominant trend of the next cycle. Native staking remains essential for network security, while liquid staking continues to support DeFi activity. However, institutional‑grade staking is rapidly emerging as a strategic pillar of the ecosystem. Marinade’s evolution from a liquid staking pioneer to a leading institutional partner through Marinade Select positions it as a major contributor to this shift. The protocol’s ability to offer vetted validators, operational assurances, and compatibility with custodial infrastructure underscores why institutions increasingly rely on it.
Read More on SolanaFloor Trading of Cross‑Chain Tokens on Solana: $MON and $ZEC Exceed $1B in DEX Volume
Solana má nejvyšší míru stakingu od ledna 2024, když je stakováno přes 425,7 mil. $SOL, tedy více než 68,9 % nabídky. Marinade Select mezitím za šest měsíců zvýšil TVL o 60 %.
Amidst undeniably choppy markets, Solana’s staking landscape continues to show strength and resilience.
Despite $SOL dropping 47% in the last 3 months, investors are steadily growing their stake in the network, with LST adoption hitting all-time highs and the chain’s staking rate reaching its highest point since January 2024.
Solana’s staking boom continues to benefit the network’s OG operators, like Marinade Finance, which has grown the TVL of its institutional staking product, Marinade Select, by 60% in six months.
Solana Staking Rate Hits 2-Year High As institutional interest circles the crypto industry, investors are adding $SOL to their staking accounts at record levels. According to Blockworks data, over 425.7M $SOL, the highest-ever $SOL-denominated figure, is now staked to the network.
This brings Solana’s Stake Rate to its highest point since January 2024 at just over 68.9%, dominating the staking rate of rival networks. Comparatively, competing Layer-1s chains like Ethereum and BNB Chain have far lower staking adoption rates of 30% and 18.4%, respectively.
Additionally, Solana’s liquid-staking rate is showing no signs of slowing down. Despite the influx of institutional capital flowing into Solana ETFs, liquid staking continues to gain ground, rising to new all-time highs of 15.64%.
Staking providers like Marinade, who offer optimized native and liquid staking services through its Stake Auction Marketplace, are ideally positioned to capture this flow. With staking adoption increasing across the network, Marinade’s specialized offerings are trending upwards.
Marinade Select TVL Up 60% In Six Months Aimed at institutional investors, Marinade Select offers a curated stake pool of KYC-verified, reputable, SOC-2 compliant validators. By offering a premium validator set, Marinade establishes itself as a trusted staking operator for institutional players seeking reliable yield on their $SOL holdings.
In the last six months, Marinade Select’s $ SOL-denominated TVL has increased by 87.13%, rising from 863k $SOL in July 2025 to over 1.6M $SOL in January 2026. This growth is supported by Solana ETF growth, with issuers like Canary Capital opting to stake their $SOL holdings through Marinade Finance.
Over $1.1M Committed to $MNDE Buybacks Since August In August 2025, Marinade Finance debuted its buyback program, promising to allocate 50% of protocol revenue towards repurchasing $MNDE and directly value flow to token holders. Since the launch of the mechanic, over $1.17M worth of $MNDE has been taken off the market and sent to the DAO treasury.
More recently, Marinade DAO has moved away from buybacks to grow $mSOL liquidity. Since passing MIP-17 in December, Marinade DAO has paused $MNDE buybacks, instead directing these funds to growing liquidity in $mSOL, the protocol’s LST.
Since the change, $mSOL supply has increased by around 22.3k tokens. This brings the total supply to to 2.54M $mSOL, valued at around $434M USD and capturing 5.18% of Solana’s LST market.
Read More on SolanaFloor $SKR is finally here
Solana Mobile Airdrops $20M in $SKR to Early Adopters - What’s Next For Seeker?
SolanaFloor Sits Down with Marinade Co-Founder Michael Repetny
Anchorage Digital integrovala Marinade Finance a umožní institucionálním klientům stakovat SOL při zachování úschovy aktiv. Nabízí dvě strategie: buď pro zhruba 30 KYC-ověřených validátorů, nebo širší rozdělení stake napříč stovkami operátorů pro vyšší výnos.
Anchorage Digital has integrated Marinade Finance into its platform, allowing institutional clients to stake Solana tokens through automated validator strategies while maintaining custody of their assets.
According to Thursday’s announcement, the integration gives clients direct access to Marinade’s staking strategies within Anchorage’s custody and wallet infrastructure, including its Porto self-custody wallet, without requiring external applications.
The setup separates staking delegation from withdrawal control, allowing institutions to participate in validator selection and yield generation while retaining asset control.
Clients can choose between two staking strategies: one that allocates across a curated set of roughly 30 KYC-verified validators for compliance-focused use cases, including regulated financial products such as exchange-traded funds (ETFs). Another dynamically distributes stake across a broader validator set spanning hundreds of operators to optimize yield.
The integration is available through Anchorage Digital’s platform and its Porto wallet, where staking, custody and asset management functions are combined within a single interface.
Anchorage Digital is a San Francisco-based crypto custody provider that operates the first federally chartered crypto bank in the United States. In January, it was reported to be seeking between $200 million and $400 million in new funding as it considers a potential initial public offering next year.
Institutional yield strategies expand from staking to Bitcoin DeFiInstitutions are increasingly seeking yield on crypto holdings without moving assets out of custody, as staking gains traction among asset managers and product issuers.
In February, Ripple expanded its custody platform through integrations with Securosys and Figment, enabling banks and custodians to offer staking without running validators or managing keys, with support across on-premises and cloud environments and built-in compliance checks.
The following month, Anchorage Digital integrated with Puffer Finance to offer liquid restaking on Ethereum, allowing clients to stake Ether (ETH) and receive pufETH, a transferable token representing a restaked position that continues earning rewards.
While staking -- that is, earning rewards for securing a network -- was traditionally limited to proof-of-stake assets, similar yield strategies are emerging for Bitcoin (BTC) via decentralized finance (DeFi) integrations.
Lombard recently teamed with Bitwise Asset Management to enable institutions to earn yield and borrow against Bitcoin without moving assets out of custody, combining DeFi lending and tokenized real-world assets with infrastructure from Morpho.
Similarly, Fireblocks has integrated Stacks to provide institutional access to Bitcoin-based lending and yield, using faster block times while settling transactions on Bitcoin for finality.
Magazine: Adam Back says current demand is ‘almost’ enough to send Bitcoin to $1M
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Bitcoin futures na CME přešly na nepřetržité obchodování, takže už nevznikají nové CME gapy. Pro tradery tím končí osmiletý signál, který často předpovídal krátkodobý pohyb ceny.
Bitcoin (BTC) starts its first full trading week with no new CME futures gap on the chart. The shift ends an eight-year market quirk that traders relied on to forecast short-term price targets.
The Chicago Mercantile Exchange (CME) moved its regulated cryptocurrency futures and options to around-the-clock trading on May 29. The change removed the weekend closure that had produced visible price gaps since Bitcoin futures launched in December 2017.
Why the CME Gap Mattered for Bitcoin TradersFor nearly nine years, CME Bitcoin futures closed every weekend while spot exchanges and offshore perpetual markets kept trading.
Any weekend move produced a chart gap when futures reopened. Price often returned to fill it within days or weeks.
Historical fill rates ranged from 70% to more than 90%. The pattern became one of the most watched short-term signals in crypto.
The structure also frustrated institutions, which could not adjust hedges over weekends on a regulated venue.
Bitcoin CME Futures. Source: X/Daan Crypto Trades “BTC Closed last weekend’s CME gap and is now trading in the big area between the other few remaining gaps. This weekend, 24/7 trading starts for the Bitcoin CME futures so there won’t be any new gaps created anymore going forward. The ones left standing will of course still sit there on the chart,” wrote analyst Daan Crypto Trades.
Follow us on X to get the latest news as it happens
What Changes Under Continuous TradingCME now runs Bitcoin, Ether (ETH), Solana (SOL), and six other contracts continuously. Daily maintenance windows run two minutes on weekdays and two hours on Saturdays.
The shift gives portfolio managers, ETF issuers, and corporate treasuries a regulated channel to hedge weekend exposure in real time.
“Client demand for risk management in the digital asset market is at an all-time high, driving a record $3 trillion in notional volume across our Cryptocurrency futures and options in 2025,” read an excerpt in the announcement, citing Tim McCourt, CME Group’s Global Head of Equities, FX and Alternative Products.
The expansion follows record activity across CME crypto products during 2025.
Bitcoin Volatility futures, a new contract tracking 30-day implied volatility, are scheduled to debut on June 1.
Where the Market Sits NowBTC traded near $73,441 on Sunday, down 3.7% on the week, after the quietest weekend in recent memory.
Bitcoin (BTC) Price Performance. Source: BeInCryptoThree legacy gaps stay open on the chart. Two sit above current price near $78,500 and $80,000, and one below in the $67,000 to $70,000 zone.
THE CME GAP ERA JUST ENDED🧵
CME Bitcoin futures will now trade 24/7 just like perps.
But $BTC still has 3 UNFILLED gaps left:
• $80K
• $78.5K
• Below $70K
And this is going live during active war tensions.
Here's what changes for you as a trader. pic.twitter.com/3bXlLx7hGV
— Wise Advice (@wiseadvicesumit) May 29, 2026 Whether those gaps still pull price action under continuous trading is the first real test of the post-gap era.
Early CME volume and open interest on Monday will signal how quickly institutions adapt their playbooks.
Aurory zpřístupnila hru Seekers of Tokane na Epic Games Store pro všechny hráče na omezenou dobu od 12. do 26. února. Součástí akce jsou odměny v podobě tokenů AURY v hodnotě 50 000 USD a vzácné NFT.
Aurory, a Solana role-playing and monster-battling game, has launched its Seekers of Tokane experience to the public on the Epic Games Store after previously restricting access to NFT holders and access code recipients.
Seekers of Tokane serves up a chunk of the overall Aurory experience, letting players battle with Pokémon-esque creatures (called Nefties) and explore a lush fantasy land. It plays like a “roguelike” game, in which players must grab loot and attempt to exit with their winnings—because you’ll lose everything if you perish.
The public access is available for a limited time, from February 12 through February 26, and it’s tied to the launch of an in-game event, Dracurve’s Awakening. And it’s also linked to crypto rewards, including AURY tokens and rare in-game NFTs.
Aurory will distribute $50,000 worth of AURY token rewards to players, with $35,000 of that set for Aurorian NFT owners and the rest intended for non-holders. Furthermore, the game will also offer up limited edition NFT collectibles and “Draconic Eggs.”
Beyond the split between NFT holders and non-owners, it’s not clear how Aurory plans to distribute the $50,000 worth of AURY to players, or how specifically to earn the rewards. Decrypt’s GG has reached out to the Aurory team for clarification and will update this story if we hear back.
Aurory first launched in the Epic Games Store last November with the debut of Seekers of Tokane. Operated by Epic Games, the developer of Fortnite and creator of the widely used Unreal Engine development suite, the Epic Games Store is a major mainstream PC gaming marketplace with some 230 million total users as of the end of 2022.
It has also become a prominent home for a growing stack of crypto and NFT games, including the likes of Shrapnel, Gods Unchained, and Nyan Heroes. Rival marketplace Steam, run by Half-Life and Counter-Strike developer Valve, has taken an anti-crypto stance—though some game creators have found ways around the restrictions.
The Aurory project spans multiple games, as well as multiple chains. While it started life on Solana, the game expanded to Ethereum scaling network Arbitrum last year in an effort to attract more players. However, the game’s bridge to Arbitrum was exploited for $830,000 worth of AURY in December.
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Americké spotové Bitcoin ETF zakončily den v minusu 68,18 milionu USD, protože odlivy z IBIT a GBTC převážily silné nákupy ARKB a FBTC. ARK a Fidelity přesto dohromady přilákaly 121,38 milionu USD.
On June 22, 2026, the US spot Bitcoin ETF market recorded net outflows of $68.18 million. This decline is explained by massive redemptions on BlackRock’s IBIT and Grayscale’s GBTC. These outflows completely overshadowed the positive performance of Ark Invest (+$64 million) and Fidelity (+$57.38 million). Above all, it reflects a strong polarization among institutional investors.
In Brief Bitcoin ETFs show a net loss of $68.18 million during the June 22, 2026 session. Ark Invest (ARKB) and Fidelity (FBTC) nonetheless attracted a combined inflow of $121.38 million, proving continued buying demand. Ethereum funds also recorded a decline of $66.38 million, while Bitwise’s XRP gained $5.31 million. The total net assets under management of Bitcoin ETFs reach $80.22 billion, confirming the structural anchoring of these products in institutional portfolios. Bitcoin ETFs Remain Under Pressure Despite Some Positive Signs At first glance, the session on June 22, 2026, in the US spot Bitcoin ETF market looks like an ordinarily bearish day. Analysts also reveal a record withdrawal of $6.35 billion over 30 days. However, SoSoValue’s data highlights a more complex reality: never before has a day in negative territory hidden so many active institutional purchases.
ARK & 21Shares lead the charge with $64 million in net inflows into their ARKB fund, closely followed by Fidelity’s Bitcoin ETF, which captured $57.38 million. Together, these two issuers have absorbed over $121 million in spot bitcoin.
Chart showing the evolution of Bitcoin ETF flows (Source: SoSoValue) Additional inflows include:
Grayscale Bitcoin Mini Trust: +$48.14 million Morgan Stanley’s MSBT: +$8.11 million Franklin Templeton’s EZBC: +$3.72 million WisdomTree’s BTCW: +$3.40 million In total, the aggregated demand from six ETF issuers exceeded $228 million. This represents one of the largest coordinated buying days in several weeks.
The Weight of BlackRock and Grayscale Tips the Bitcoin ETF Market Certainly, the buyer base remains solid. However, the Bitcoin ETF market was overwhelmed by extreme concentration of outflows on two specific investment vehicles.
The main culprit of this institutional Black Monday is BlackRock’s IBIT (iShares Bitcoin Trust). The asset management giant suffered massive outflows of $171.96 million in a single session. It had just launched the first-ever yield-bearing Bitcoin ETF.
Meanwhile, the GBTC (Grayscale Bitcoin Trust) records a disinvestment of $80.96 million. The manager tries to offset these losses through its Mini Trust. However, the historically high management fees of GBTC structurally encourage early investors to migrate to more competitive structures or take profits.
Beyond Bitcoin: Ethereum Stumbles, While XRP Surprises The spot Ethereum ETFs had an even tougher day. The data reveal a net loss of $66.38 million, almost entirely attributable to BlackRock’s ETHA fund. The only positive inflow on Ethereum that day came from 21Shares’ TETH, with $346,070 of inflows. The total net assets of Ethereum ETFs stand at $9.44 billion, with a daily volume of $433.10 million.
For crypto assets alternative to bitcoin, the XRP ETFs are the only source of color in an overall red picture. Bitwise captured $5.31 million, bringing the total net assets of the XRP category to $993.29 million. This represents a symbolic drop of $7 million from the billion-dollar mark. A threshold to watch in the coming sessions!
The Solana and HYPE ETFs remained completely inactive on this day. Solana’s assets stand at $836.09 million, and HYPE’s at $219.58 million.
In any case, this trading session highlights the end of the homogeneity of institutional flows on cryptocurrencies. Upcoming flow reports and US monetary policy decisions will be crucial to determine whether this phase of weakness marks a simple pause or the beginning of a new cycle for Bitcoin ETFs. Stay tuned…
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Ariela R.
My name is Ariela, and I am 31 years old. I have been working in the field of web writing for 7 years now. I only discovered trading and cryptocurrency a few years ago, but it is a universe that greatly interests me. The topics covered on the platform allow me to learn more. A singer in my spare time, I also cultivate a great passion for music and reading (and animals!)
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The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Nová funkce GO od Pump.fun čelí kritice po zprávách o úkolech za krypto odměny, včetně tetování, veřejného ponížení a nebezpečných výzev. Od 4. června vyplatila přes 370 000 USD.
Pump.fun’s new GO bounty feature is facing fresh criticism after reports said users completed or posted tasks involving tattoos, public humiliation and high-risk stunts for crypto rewards.
Summary
Pump.fun’s GO feature has paid over $370,000 while hundreds of bounties remain open online. Reported tasks range from charity actions to forehead tattoos, job quitting videos and risky stunts. Critics say crypto rewards can pressure vulnerable users into unsafe or humiliating public behavior online. The Solana meme coin launchpad introduced GO in early June as a marketplace where users can create paid tasks and lock rewards in escrow.
According to the New York Post, the feature has paid out more than $370,000 since June 4. The report said about 270 open bounties still offered more than $200,000 in rewards, with some tasks ranging from charity actions to stunts that critics called unsafe or degrading.
How the GO bounty feature works As previously reported by crypto.news, Pump.fun launched GO as a bounty marketplace with more than 320 active tasks and $144,000 in unclaimed rewards shortly after going live. Users could connect an X account and crypto wallet, then post or complete tasks for payouts starting at $5.
Pump.fun promoted the feature with the phrase “Pay ANYONE to do ANYTHING.” Bankless reported that rewards sit in escrow until Pump.fun reviews a submission, and that the platform has final authority over approval, rejection or cancellation.
Reports point to strange and risky tasks The New York Post reported that one man in the Philippines received $15,000 in crypto after tattooing “bounty.fun” on his forehead. Other listings reportedly included putting a face in a toilet, quitting a job on camera and climbing Mount Everest for a large reward.
Some listed tasks were harmless, including feeding stray animals or donating clothes. Others raised safety and dignity concerns. Wired reported that several bounties pushed people toward embarrassment, harassment or possible legal risk, while some submissions appeared to use AI-generated images as proof. Wired also noted that payouts can be split among several entries.
Public criticism grows New York Governor Kathy Hochul criticized the platform on X, calling it a “dystopian nightmare” and saying she would support the first bill introduced to ban it. X head of product Nikita Bier also criticized the feature, saying it showed people using money to push others into shameful acts.
The concern is not only about strange internet behavior. Critics argue that crypto rewards can put pressure on people with fewer resources to accept tasks they might otherwise avoid. Pump.fun warns users that participation is at their own risk, according to the New York Post. The company did not immediately comment to the outlet.
Earlier Pump.fun controversy adds context The backlash follows earlier concerns around Pump.fun’s livestreaming tools. crypto.news reported that Pump.fun had shut down livestreaming after users became more extreme in how they tried to attract attention. The feature later returned with stricter moderation.
The Defiant reported that GO drew backlash within hours of launch after an extreme listing appeared on the platform. The report said GO gives Pump.fun sole authority to accept or reject tasks and submissions, while its public rules still leave many decisions to platform review.
Pump.fun remains one of the most watched meme coin platforms on Solana. Its GO feature now places the company in a wider debate over crypto incentives, user safety and online attention markets. The platform’s next steps may depend on how it handles moderation and public pressure. It may also face closer scrutiny from policymakers and consumer advocates.
