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Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

The Solana price has gained by 3.5% today, reaching $146.56 as the wider market posts a 3% increase in the past 24 hours.

VanEck and 21Shares 19b-4 filings for Solana ETF have been removed from the CBOE website which has sparked speculation the application for the products may have been withdrawn.

Grayscale Investments’ research head Zach Pandl hinted that the asset manager might launch a Solana ETF in future. However, he noted that it is currently not feasible due to existing regulations.

Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, has managed to recover and gain bullish traction above the $67,920 mark. The global crypto market cap stands at $2.39 trillion, with a 24-hour jump of 3.39%.

In the race for cryptocurrency ETF approval, Solana stands out with promising prospects, potentially edging ahead of XRP. At the moment, Solana’s price stands at $179.82, with a notable 24-hour trading volume of approximately $3.28 billion.

The Solana price has remained largely motionless today, holding to $141.09 as the crypto market as a whole clings onto a 1% gain in the past 24 hours.

Matthew Sigel, VanEck’s head of digital assets research, indicated that the firm’s spot Solana ETF approval depends on a new SEC chairman post the November US elections.

The Chicago Board Options Exchange (Cboe) has filed with the securities and exchange commission (SEC) to list Solana exchange-traded funds. The largest US options exchange is waiting for the SEC approval.

The Solana price has jumped by 7% in an hour, surging to $148 after major investment firm VanEck filed to launch a spot-based Solana exchange-traded funded.

Investment firm VanEck predicts Ether’s (ETH) price will skyrocket to $22,000 per token by 2030. That’s due to Ethereum’s transformative influence and the revenue it is expected to generate for token holders.

Bitcoin advanced for a fifth straight day, putting the biggest cryptocurrency on track for its biggest monthly gain since October 2021. Bitcoin rose as much as 4.1% to $59,053 on Wednesday at 8:50 a.m. in London. It has risen on all but eight trading days so far in February, rallying 39% for the month.

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Binance, the largest cryptocurrency exchange in the world, is expected to lose its leading position following the guilty plea to US charges and a record $4.3 billion penalty. 

Sam Bankman-Fried’s crypto empire, one of the blockchain projects most associated with the now disgraced entrepreneur is emerging from under the cloud his downfall cast over the digital-asset world. Solana’s SOL token has surged about 340% to $41 in 2023, outdoing the 114% rally in market bellwether Bitcoin and becoming the best performing token among the largest cryptocurrencies tracked by Bloomberg. That follows a 94% drop last year as Bankman-Fried’s FTX and Alameda Research — two major backers of the project — collapsed into bankruptcy. The token has doubled over the last 30-days amid the launch of a software solution dubbed Firedancer and the broader rally in the crypto market. Testing of the Firedancer network was announced this week at a Solana-themed Breakpoint conference in Amsterdam that attracted developers, investors and users of the blockchain. Solana is among the blockchains competing with Ethereum, crypto’s key commercial highway, for a bigger share of digital-asset activity. It differentiates itself by offering lower transaction costs and faster processing speeds. VanEck Associates wrote in a recent report that the Firedancer update “promises to exceed Solana’s current capacity by a factor of 10.”