Latest Solana News and Insights | Yellow

Andrena, a wireless internet provider, has raised $18 million. The funding will fuel its decentralized internet project on Solana. Dragonfly led the Series A extension round. CMT Digital, Castle Island Ventures, and Wintermute Ventures also chipped in. The deal was structured as a SAFE with token wa

Brazil's securities watchdog has given the thumbs up to a spot Solana exchange-traded fund (ETF). It's a first of its kind globally. The move puts Brazil ahead of the US in the crypto ETF game. The Brazilian Securities and Exchange Commission (CVM) greenlit the ETF. QR Asset, a local asset manager,

Solana's token (SOL) is on a tear. It's outperforming major cryptocurrencies in the latest market rebound. The token hit an all-time high against Ethereum (ETH). SOL reached 0.062 against ETH. That's a 7.5% jump in 24 hours. Weekly gains stand at 13.6%. ETH also fell to a three-year low against Bitc

Solana's decentralized exchanges (DEXs) have outperformed Ethereum's for the first time. This milestone occurred in July. DeFiLlama data confirms this shift. Solana-based protocols accounted for 30% of all crypto DEX volume in July. Ethereum followed with 28.12%. In absolute terms, Solana's DeFi eco

Solana might be on the cusp of a major rally against Bitcoin. That's the view of Jamie Coutts, chief crypto analyst at Real Vision. Coutts points to a bullish pattern in the Solana-Bitcoin pair. He bases this on a simple moving average crossover on the daily chart. "Solana's relative strength is qui