Solana
News, coverage and analysis tracking Solana across the outlets.
Latest coverage
Solflare Brings Perpetual Futures In-App, Sending Trades to Phoenix’s On-Chain Orderbook
Solflare wallet now supports perpetual futures trading directly within its app, routing orders to Ellipsis Labs' on-chain orderbook, Phoenix. This integration allows users to trade over 65 leveraged markets using USDC collateral without leaving their self-custody wallet. Phoenix has recently seen significant growth in open interest, with Solflare managing over $15 billion in assets for more than 4 million users.
Etherealize CEO Vivek Raman: Wall Street’s private chain comeback is a ‘race to the bottom’
Etherealize CEO Vivek Raman criticizes the current trend of private, gated blockchains, likening them to a 'race to the bottom' and a repeat of past failures. He argues that open, permissionless networks like Ethereum provide superior interoperability and liquidity, with privacy features best built on top of these foundational layers. While acknowledging the market's current focus on enterprise sales, Raman believes that regulatory clarity will ultimately favor open networks due to their lack of a single controlling entity.
Israel’s Bank Leumi Plans 2027 Crypto Trading Launch — Powered Behind the Scenes by Galaxy
Bank Leumi, Israel's largest bank, plans to launch cryptocurrency trading for its customers in early 2027, allowing them to buy, hold, and sell Bitcoin, Ether, and Solana. The bank will leverage Galaxy Digital's infrastructure for execution and custody, while maintaining its own customer interface and relationship. This move positions Bank Leumi as the first Israeli bank to offer such services, aiming to provide a regulated banking front end for crypto access.
Wall Street’s staking pipeline narrows: BNY and BlackRock both lean on Galaxy
Major financial institutions like BNY Mellon and BlackRock are increasingly relying on a narrow set of infrastructure providers, such as Galaxy Digital, for institutional cryptocurrency staking services. This concentration, particularly for Ethereum and Solana, raises concerns about potential operational risks and coordinated policy influence, despite the separation of private keys and validator functions.
Hyperliquid’s ETF Inflow Streak Fizzles as Regulated Rivals Move In, JPMorgan Warns
JPMorgan analysts report that Hyperliquid's strong ETF inflow streak has ended, citing increased competition from regulated centralized exchanges offering similar derivatives products. While Hyperliquid has been a standout performer in non-bitcoin crypto funds, the bank warns of significant challenges to its market share. The report suggests focusing on fee revenue rather than ETF headlines to gauge the platform's future performance.
Five Public Companies Now Hold the Largest Corporate Solana Stashes
Several publicly traded companies are significantly increasing their holdings of Solana (SOL), with some now possessing over $1 billion in the cryptocurrency. Forward Industries leads this trend with over 7 million SOL tokens, indicating a broader corporate shift towards diversifying digital asset treasuries beyond Bitcoin and Ethereum.
NEAR Protocol Adopts Post-Quantum Cryptography with FIPS
NEAR Protocol has integrated FIPS-204 post-quantum cryptography, enabling secure key rotation in a single transaction and positioning itself as a leader in quantum-safe blockchain technology. This upgrade allows NEAR accounts to interact across over 35 external chains, including Bitcoin, Ethereum, and Solana, with enhanced security. The announcement led to a 14.25% surge in NEAR's token price.
