Crypto analyst Crypto Bitlord, with 328,000 followers on X (formerly Twitter), recently claimed that Solana (SOL) is under investigation. Although unconfirmed, this rumor has already caused SOL’s price to drop. If true, Solana could experience a selloff similar to XRP’s fate after its SEC lawsuit.

Grass, an AI-driven web crawling project utilizing the Solana network, has successfully concluded its closed beta phase, marking the completion of its final epoch. This phase allowed Grass to demonstrate its capability to cover the entire web, a feat achieved by only two other companies. Grass has already onboarded two million users and aims to expand significantly in the future. The project plans to leverage Solana’s capabilities to automate reward distribution for its nodes, a move announced in June.

Solana Soars with New Developments and Strong Performance July 18, 2024 — Over the past 48 hours, Solana (SOL) has been making headlines with significant advancements and market activities. The blockchain platform, known for its high performance and scalability, has seen its price rise and network activity surge, driven by key developments and community engagement.

The FTX estate has reportedly staked 5.5 million Solana (SOL), worth $122 million. This development comes amidst fears of the defunct crypto exchange liquidating a substantial portion of its SOL holdings and inducing a bearish trend.

A closely followed crypto strategist says that besides Bitcoin (BTC) and Ethereum (ETH), there are only three other projects he’s bullish on.

Alameda FUD turned out to be less severe than anticipated, one analyst noted.

QCAD by Stablecorp, rare CAD-pegged stablecoin, kicks off on Solana (SOL) to unlock wave of opportunities for FX traders

Solana (SOL) is continuing its upward trajectory with a series of significant developments that underscore its growing prominence in the blockchain space. The network has seen a notable price movement, maintaining a steady position around $141.05, with a market cap of $65.40 billion. Here are the latest highlights from the Solana ecosystem:

Validators found to be facilitating sandwich attacks face stiff penalties.

VanEck, a leading investment firm, has made a notable move by filing for a Solana (SOL) exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC), positioning this filing as a strategic bet on Donald Trump winning the 2024 presidential election.

"I believed the funds came from Alameda’s operating profits" as well as third-party lenders, he testified Friday at his fraud and conspiracy trial.

Canadian asset manager 3iQ has announced its plan to list a Solana Exchange-Traded Product (ETP) in Toronto. As a pioneer in the cryptocurrency investment space, 3iQ was among the first to introduce a publicly traded Bitcoin fund and an Ether fund on the Toronto Stock Exchange (TSX).

The last 48 hours have been dynamic for Solana (SOL), marked by significant developments and positive market trends. Here’s a comprehensive update on Solana’s latest news and future prospects.

Crypto traders are talking about the SOL price falling due to the risk of FTX selling its $1.06 billion Solana stake. Are they overexaggerating?

The $30 million transfer takes the total SOL moved to exchanges to $102 million, the most out of any liquid asset, while the token's price is near the highest in a year.

The Solana token's massive rally this year increases the odds that FTX customers will recoup all their lost money.

BONK, a memecoin based on the Solana (SOL) network, has seen a significant price rise since November. The memecoin’s price remained stagnant for most of 2023 but has skyrocketed over the last month.

The Solana token's massive rally this year increases the odds that FTX customers will recoup all their lost money.

Solana (SOL) is on a bullish run today as it joins the altcoin resurgence on the market. At the time of writing, the coin is up by 7.2% over the past 24 hours to $24.79, and in the past week, the coin has printed a total growth of 16%.

Some community members have already pushed back against the idea.