Streetbeat News

SOLUSD

Solana / US Dollar

Industry

Digital Currency

Solana is a public, open-source blockchain that supports smart contracts, including non-fungible tokens (NFTs) and a variety of decentralized applications (dApps). Native to Solana's blockchain is the SOL token which provides network security through staking as well as a means of transferring value.

Open

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

Veteran trader Unipcs, known as 'Bonk Guy,' shares his strategies for turning small investments into significant wealth through meme coins. He emphasizes the importance of community backing and liquidity in meme coin success. Unipcs remains bullish on Bonk and Floki, highlighting their potential for further growth.

Portfolio Pulse from Murtuza Merchant

May 19, 2024 | 4:05 pm

Cryptocurrency markets are rallying with significant inflows into Bitcoin ETFs. Morgan Stanley disclosed a $270 million investment in the Grayscale Bitcoin ETF. Spot Bitcoin ETFs posted $1.3 billion net inflows in two weeks, reversing negative flows from April. Analysts predict Bitcoin could reach $80,000.

Portfolio Pulse from Khyathi Dalal

May 17, 2024 | 8:27 pm

Coinbase Research suggests that the likelihood of approval for a U.S. spot Ethereum ETF is higher than current market pricing indicates, estimating a 30-40% chance. This could unlock new capital inflows for Ethereum, despite competition from other layer-1s like Solana.

Portfolio Pulse from Murtuza Merchant

May 17, 2024 | 4:17 pm

Solana-based meme coin platform Pump.Fun was exploited for $1.9M by a former employee using flash loans. The platform has halted trading, redeployed contracts, and pledged to repay users. The incident affected a small portion of the platform's total liquidity pool.

Portfolio Pulse from Murtuza Merchant

May 17, 2024 | 3:27 pm

Solana's (SOL) price increased by 6.49% in the past 24 hours, continuing a positive trend with a 13.0% gain over the past week. The trading volume rose by 4.0%, while the circulating supply decreased by 0.93%. Solana's current market cap is $75.17 billion, ranking it #5.

Portfolio Pulse from Benzinga Insights

May 17, 2024 | 3:00 pm

Major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, are experiencing a dip despite a Senate vote to overturn a controversial SEC rule and significant inflows into Bitcoin ETFs. Notable developments include Morgan Stanley's $270M investment into Bitcoin ETFs and Robinhood's crypto trading volume slump.

Portfolio Pulse from Khyathi Dalal

May 16, 2024 | 8:48 pm

Political-themed meme coins like TRUMP and BODEN are gaining traction as the 2024 U.S. presidential elections approach. Former House Speaker Nancy Pelosi criticized a potential debate between President Biden and former President Trump. TRUMP is expected to break its $10 resistance, while BODEN may rebound. TRUMP has raised $1.5 million for charity and aims to be among the top three meme coins.

Portfolio Pulse from Khyathi Dalal

May 16, 2024 | 6:28 pm

Robinhood Markets Inc. (NASDAQ:HOOD) has launched its first cryptocurrency staking product for Solana (CRYPTO: SOL), limited to the European market. This move is part of Robinhood's strategy to enter the growing crypto staking industry, despite regulatory challenges in the U.S. The announcement led to a 9% increase in Solana's total value locked and a 13.22% rise in its price.

Portfolio Pulse from Aniket Verma

May 16, 2024 | 5:11 am

Floki (FLOKI) has emerged as the market's largest gainer, surpassing Shiba Inu (SHIB) and Solana (SOL) in popularity and social interactions. The memecoin saw double-digit gains in the last 24 hours and over 23% in the past week. A proposal to burn 15.24 billion FLOKI tokens was passed, potentially leading to further upward pressure. Analysts project a 180-200% bullish rally for FLOKI.

Portfolio Pulse from Aniket Verma

May 16, 2024 | 2:39 am

Cryptocurrency markets are trading higher following positive consumer price inflation data. Bitcoin, Ethereum, Solana, Dogecoin, and Shiba Inu have all seen significant gains. Despite the rise, Bitcoin's large transaction volume and daily active addresses have fallen. Notable developments include Vanguard appointing a new CEO and Circle relocating to the US.

Portfolio Pulse from Khyathi Dalal

May 15, 2024 | 8:24 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.