# Solana Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Solana", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Bitwise Solana ETF Filing Keeps The SOL Fund Race Moving Beyond Theory

Bitwise's filing for a Solana ETF advances the conversation beyond theory, positioning SOL as the next potential major crypto fund asset after Bitcoin and Ethereum. This institutional signal doesn't guarantee price movement but shifts market attention and discussion, adding to the narrative of growing institutional demand. The filing's significance lies in it being part of a broader trend of multiple issuers targeting Solana, suggesting a forming asset category. For the market, the key is separating the confirmed development from speculation and watching for follow-through from other issuers, regulators, and large holders to see if this becomes a sustained trend or remains a single-day story. The focus should be on how this changes positioning and infrastructure over time, rather than predicting immediate approval.

bitcoinist6m ago

Bitwise Solana ETF Filing Keeps The SOL Fund Race Moving Beyond Theory

bitcoinist6m ago

Tokenized stocks soar 279%, hit $3.4B record – 2 networks lead charge

In June, tokenized stocks saw a dramatic surge, with monthly trading volume reaching a record $3.4 billion—a 279% month-over-month increase driven largely by factors like SpaceX's tokenized IPO and Solana's market dominance. This growth reflects a structural bridge forming between traditional finance and blockchain markets, with significant increases in transfer volume and distributed value pointing to stronger institutional participation, though retail activity dipped. The evolution extends beyond simple trading. Capital is increasingly being deployed into DeFi applications on networks like Ethereum, where tokenized funds are used for lending and yield generation, improving overall capital efficiency. Solana leads in tokenized equity settlement due to its speed and low costs, while Ethereum dominates in fund deployment, showing complementary roles for different blockchains. The trend indicates tokenization is maturing from asset issuance into functional financial infrastructure, with institutional demand focusing on settlement efficiency and capital utility. However, broader integration and regulatory clarity remain essential for its continued growth into a resilient financial system.

ambcrypto14m ago

Tokenized stocks soar 279%, hit $3.4B record – 2 networks lead charge

ambcrypto14m ago

Solana under pressure: Pump.fun’s $10M SOL move sparks THIS Q3 debate

The article discusses the impact of memecoin launchpad Pump.fun's recent sale of $10.08 million worth of SOL on the Solana ecosystem and its price outlook. While Pump.fun's high trading volume and revenue growth demonstrate strong on-chain activity and demand for Solana's network, its large-scale SOL sales have sparked a debate about value extraction from the ecosystem. This selling pressure, coupled with a broader risk-off sentiment, is testing Solana's fundamentals. Despite robust network metrics, SOL struggles to break key resistance levels like $100 and $80. The central Q3 debate is whether Solana's underlying network growth and application activity can generate enough demand to overcome this selling pressure and support a price recovery, or if the weakness will persist.

ambcrypto4h ago

Solana under pressure: Pump.fun’s $10M SOL move sparks THIS Q3 debate

ambcrypto4h ago

Robinhood Chain Goes Viral in One Week: Memes Drive Traffic, Stablecoins Support TVL

Robinhood Chain, an Arbitrum-based Layer 2 network launched on July 1st, experienced explosive growth in its first week. While meme coin hype drove user activity, stablecoin deposits fueled its surge in Total Value Locked (TVL). The chain's rapid adoption was driven by multiple factors. CEO Vlad Tenev reversed his initial stance, endorsing the chain for meme coins despite its original focus on Real-World Assets (RWA). The integration of the popular Solana-based launchpad Pump.fun significantly lowered the barrier for meme trading. Furthermore, the prediction market application World announced a migration from Solana to Robinhood Chain. Meme coin mania, led by tokens like CASHCAT, generated massive trading volume, with daily active addresses skyrocketing from near zero to hundreds of thousands. However, the primary driver of the chain's TVL, which soared past $234 million, was a major institutional deposit. Ethena injected approximately $50 million in stablecoins into the Morpho lending protocol, which underpins Robinhood's Earn product, accounting for the bulk of locked value. This highlights two concurrent narratives: retail-driven meme speculation boosting transactions, and institutional stablecoin deposits building foundational liquidity. In contrast, the chain's flagship RWA offerings, like tokenized stocks, remain a minor part of the ecosystem at around $12.8 million. The first week demonstrates a path where speculative trading and yield-seeking capital provide initial momentum, while the core RWA vision is still in early development.

Foresight News10h ago

Robinhood Chain Goes Viral in One Week: Memes Drive Traffic, Stablecoins Support TVL

Foresight News10h ago

Is Robinhood making the same ‘memecoin’ bet that made Solana a winner?

Robinhood CEO Vlad Tenev's promotion of the new Robinhood Chain for memecoin activity has drawn criticism, despite the chain's initial focus on real-world assets (RWA). Critics, including some venture capitalists, question the need for another Ethereum L2. However, memecoins are a major driver of blockchain activity, accounting for 40%-50% of trading volume on chains like Solana and BNB. Following Tenev's viral post, memecoins on Robinhood Chain saw massive price surges (up to 1100%), and the L2's total value locked (TVL) and DEX volumes skyrocketed, growing 10x and 5x respectively in a short period. While this memecoin-driven hype has generated significant initial traction, its sustainability and ability to help Robinhood Chain compete with rivals like Base remain uncertain.

ambcrypto14h ago

Is Robinhood making the same ‘memecoin’ bet that made Solana a winner?

ambcrypto14h ago

Pump.fun Unlocks $127 Million in Internal Tokens, Nearly Double PUMP's Recent Daily Trading Volume

Pump.fun, a leading meme coin launchpad, is facing a significant liquidity test for its native PUMP token. On July 12th, $127 million worth of tokens, representing 29.23% of the circulating supply, will unlock for the team and early investors. This "cliff unlock" is nearly double the token's recent daily trading volume ($64-70 million), presenting a direct challenge: can the market absorb this large, concentrated supply without a major price impact? The outcome hinges on whether the recipients hold or sell their newly available tokens. A constructive scenario would see elevated volume without a sustained price crash, supported by the platform's historical revenue and token buybacks. A weaker signal would be high volume paired with price deterioration, indicating the liquidity is being used for exits. The event is a crucial test of PUMP's secondary market depth, moving beyond its initial retail-driven demand. It will reveal if the token attached to a platform known for fast liquidity creation has sufficient durability when faced with internal supply pressure.

marsbit15h ago

Pump.fun Unlocks $127 Million in Internal Tokens, Nearly Double PUMP's Recent Daily Trading Volume

marsbit15h ago

Can JTO reach $2? Here’s what could drive the rally

The Solana-based liquid staking protocol Jito is set to launch the JTX Trade app, a unified trading platform similar to Hyperliquid. A key bullish driver for the JTO token is that 80% of the platform's fees will be directed to JTO token buybacks, with analysts predicting a 2-5% buyback in its first year. This could catalyze a price rally. While crypto influencer Ansem predicted a 3x climb targeting above $1.50, the overall market weakness poses a challenge. Technically, JTO shows a bearish weekly structure but has exhibited notable buying pressure over three months, with its On-Balance Volume (OBV) challenging 2025 highs and the weekly RSI sustaining above 50. Key resistance lies at $0.80 and the $1 psychological level. Fibonacci retracement levels suggest a potential rally to $1.62-$2.00 is possible, contingent on the JTX Trade launch and sustained market sentiment. On the 4-hour chart, price action is bullish following an impulse from $0.40 to $0.88, currently in a retracement. A recent high-volume drop to $0.60 and oversold RSI are showing signs of reversal. However, the OBV's sideways trend over recent weeks requires increased buying volume to sustain recovery. The long-term trend remains bearish, but a rally to the $1.6-$2.0 range is feasible if broader market conditions don't deteriorate significantly.

ambcrypto21h ago

Can JTO reach $2? Here’s what could drive the rally

ambcrypto21h ago

Behind ANSEM's 300% Weekly Surge: The Recovery and Traps of Solana Meme Coins

The meme coin ANSEM surged nearly 299% in a week, driving a resurgence in Solana-based meme token activity. Data from DeFiLlama shows Pump.fun's weekly DEX volume reached $5.33 billion, with July 4th marking the platform's first $1 billion daily volume since April. This revival saw a spike in new token launches and heightened trading activity, with memes again accounting for over 20% of Solana's weekly transaction volume. However, industry reports highlight significant risks. The average meme coin holding time has plummeted to around 100 seconds, and sophisticated bots often front-run retail investors, acquiring large portions of supply at launch before dumping. Research analyzing thousands of projects indicates widespread market manipulation, with a majority of top-gaining tokens showing signs of wash trading and pool manipulation. While meme coins effectively attract new users and generate hype for the Solana ecosystem, the current rally raises the critical question of whether this cycle can break free from the established pattern where late-arriving retail traders become exit liquidity for early bots and coordinated groups. The market's future trajectory hinges on whether the momentum can be sustained or if it will fade, leading traders back to major assets like SOL.

Foresight NewsYesterday 11:09

Behind ANSEM's 300% Weekly Surge: The Recovery and Traps of Solana Meme Coins

Foresight NewsYesterday 11:09

Earning $7.2 Million in One Week: How Does pump.fun Actually Make Money?

Pump.fun, a prominent Solana-based meme coin launch platform, recently disclosed a weekly protocol revenue of $7.2 million. The income primarily stems from its core businesses: the Bonding Curve mechanism, which facilitated $553 million in weekly volume, and PumpSwap, which saw $1.65 billion. The platform is allocating 50% of its net protocol revenue to buy back and burn its native PUMP token, having already burned 41.8% of the circulating supply with $3.7 million repurchased in the past week. This establishes a direct link between platform performance and token value. Beyond strong financials, Pump.fun is evolving from a simple launchpad into a broader ecosystem. Key initiatives include optimizing the user experience with faster swap times (300-400ms) and easier fiat on-ramps, which boosted daily deposit volume by 21%. It's also enhancing developer tools via Terminal and fostering community engagement through a bounty system that has distributed over $600,000 in rewards. The report signals Pump.fun's transition towards a sustainable Web3 business with diversified revenue streams, a value-accrual model for its token, and a focus on product maturity and ecosystem growth over mere meme coin hype.

marsbit2 days ago 11:24

Earning $7.2 Million in One Week: How Does pump.fun Actually Make Money?

marsbit2 days ago 11:24

‘Incentivize democracy’ at the cost of security? Inside Bonk’s $20M exploit

BonkDAO, the governance body for the memecoin BONK, suffered a $20 million exploit due to a malicious governance proposal. The attacker acquired enough BONK to create a proposal with a 1% vote threshold, which then authorized transferring 4.4 trillion BONK to their wallet. Security analysts criticized the low approval threshold and lack of safeguards like lock periods for treasury transfers, calling it an operational security failure. The incident fueled debate about balancing decentralized governance with security. Following the news, BONK's price dropped 10%, though on-chain data indicated continued accumulation by large holders since June. The project is collaborating with law enforcement and exchanges to mitigate the situation.

ambcrypto2 days ago 10:02