Analysis
Ethereum, Solana see gains as Bitcoin’s rally above $50,000 causes $184 million liquidations
Bitcoin price crossed the $50,000 threshold for the first time since late 2021.
Solana
Latest stories
Investments
Crypto AUM reaches two-year peak of $59 billion driven by US Bitcoin ETF inflows
Last week, Bitcoin saw almost 98% of the inflows, while Ethereum and Cardano saw improved sentiment.
DeFi
DeFi ecosystem rebounds to 18-month high of $60 billion in assets, signaling investor confidence resurgence
DeFi TVL have increased by 68% since November 2023 thanks to the improved market conditions.
Technology
Solana’s mainnet faces outage, causing a 5% drop in SOL token value
Solana blockchain stopped producing blocks for more than 2 hours, according to on-chain data.
Investments
Oobit token soars 31% after securing $25 million in funding led by Tether
Singapore-based Oobit is focused on advancing crypto adoption as a means of payment.
Crypto
US handles 99% of global crypto product inflows as $708 million enters market
$703 million invested in Bitcoin ETPs with Solana second highest at $13 million.
Exchanges
Jupiter airdrop propels Solana DEXs to outpace Ethereum in daily trading activity
Jupier airdropped $700 million worth of its JUP tokens to nearly a million wallets.
ETF
Record-breaking $17.5 billion traded in crypto products following Bitcoin ETF debut
Investor fervor for new US spot Bitcoin ETFs fuels more than $1 billion inflows to crypto product.
Stablecoins
Record-breaking Solana USDC volume signals growing stablecoin dominance
Solana has emerged as one of the most dominant blockchain networks for USDC transactions.
Culture
Anatoly Yakovenko jokes ‘Solana is Ethereum’ in ironic social media exchange
A recent joke from the Solana creator was taken too literally in CryptoSlate's previous coverage, resulting in confusion.
Analysis
Solana’s holiday spirits high as it enjoys a booming December
Solana's rebound resonates with soaring TVL and user engagement in December's crypto rally.
Trading
Bitcoin post-Christmas dip under $43k triggers marketwide liquidation of $170M
BTC's price showed weakness during the past day despite the prevailing market optimism.
