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Three public companies increased their Solana holdings this week, as BitGo speculated that firms are buying Solana to stake it and earn rewards.
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Solana Mobile stands to earn at least $67.5 million from sales of the Seeker, which had pre-orders many times higher than the first-generation device.
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The Cboe has filed to list Canary Capital’s staked Injective ETF, potentially making it the third staked crypto ETF following Solana and Ether.
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Solana’s Firedancer validator client promises huge speed boosts but faces network limits as developer Douglas Colkitt tests its full potential on Fogo.
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The Solana Foundation’s 2027 roadmap called market microstructures the “most important problem in Solana today.”
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Solana isn’t the only network upgrading its block capacity; Ethereum's gas limit increased to just under 45 million units as of Tuesday.
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MoonPay introduces liquid staking for Solana as the network sees record staking activity, ETF inflows and major treasury buys from firms like DeFi Dev and Upexi.
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SSK, the first US ETF to combine spot Solana exposure with onchain staking rewards, attracted over $100M in 12 trading days.
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DeFi Development Corp CEO Joseph Onorati said the company has no plans to expand its treasury with other crypto. Meanwhile, Solana crossed the $200 mark on Tuesday.
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The move follows SEC guidance treating staking rewards as income, enabling asset managers like Canary to back blockchain-based tokens through delegated staking.
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BNB Chain also teased that it’s working on infrastructure that will allow the network to support 20,000 transactions per second.
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Solana ranks fourth among blockchains by tokenized asset market share, trailing Ethereum, ZKSync Era, and narrowly behind Aptos.
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Bit Mining’s stock price surged 350% in pre-market trading after announcing a strategic pivot into the Solana ecosystem.
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Binance founder Changpeng Zhao’s investment firm is backing the creation of a company that will buy and hold BNB with plans to go public in the US.
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