Revolut to Delist Cardano, Polygon and Solana in the US Amid Regulatory Developments
June 30 (Cointime) - Revolut, a cryptocurrency-friendly neobank, will delist Cardano (ADA), Polygon (MATIC), and Solana (SOL) from its platform in the United States in September due to changing laws and regulations around cryptocurrency in the country. Revolut notified its U.S. customers about the change on June 29, stating that buying these tokens is immediately closed for all customers.
Solana Price Surges as mSOL Liquid Staking Gains Popularity Among Traders
June 30 (Cointime) - Solana's price has surged by 18% in the last 24 hours, almost reaching $20, making it one of the best-performing tokens on Friday. This increase is due to the popularity of liquid staking platforms like Drift Protocol, which allow investors to leverage their staked tokens by accessing liquidity through a proxy token. Drift Protocol's new feature, "Super Staking," has been rapidly adopted by digital asset traders, leading to a record-breaking surge in their daily active users. As long as Solana's price holds above the 50-day Exponential Moving Average, traders may look forward to it weakening resistance at the 100-day EMA and closing the gap to the next critical hurdle at $27.
Vitalik :Wish all Honorable Projects a Fair Outcome in this Whole Situation
June 30 (Cointime) - Vitalik comment on Twitter, The one comment I'll make is that I feel bad that Solana and other projects are getting hit in this way. They don't deserve it, and if ethereum ends up "winning" through all other blockchains getting kicked off exchanges, that's not an honorable way to win, and in the long term probably isn't even a victory.This is especially true since the real competition is not other chains, it's the rapidly expanding centralized world that is imposing itself on us as we speak.I wish all honorable projects a fair outcome in this whole situation.
Solana's NFT Space Sees Growth with MagicEden as the Most Active Project in the Last Seven Days
June 29 (Cointime) - Over the past week, Solana's MagicEden project had the highest number of active users, and SOL's NFT space experienced growth in metrics such as transaction counts and sales volume.
deBridge Launches New Feature Allowing Solana Users to Access Applications on Other Blockchains at Low Fees
June 29 (Cointime) - DeBridge, a cross-chain bridge, has introduced a new feature that allows Solana users to access applications on other blockchains and vice versa at low fees. This feature enables Solana users to access Ethereum Virtual Machine (EVM)-based blockchains without relying on derivative or wrapped tokens, which pose security risks.
Solana Price Rallies Due to Launch of New Bridge in Ecosystem
June 29 (Cointime) - Solana's price surged on Thursday following the launch of a new bridge in the ecosystem, which allows it to communicate with Ethereum and other Ethereum Virtual Machines without the need for wrapped or derivative tokens.
Solana Price Prediction as SOL Climbs 10% in a Day - Is $30 Next?
June 29 (Cointime) - Solana (SOL) experienced an unprecedented surge in its price on June 29, surpassing all other assets in the top 100 by market cap in terms of gains. It is now positioned at the forefront of the cryptocurrency market, with a total market worth of $7.1 billion and a steady advance towards the significant milestone of $20.
Solana (SOL) Price Outlook: Potential 40% Decline Following Recent Rejection
June 28 (Cointime) - The Solana (SOL) price has dropped after failing to reclaim a crucial resistance level on June 22. Technical analysis using the daily time frame shows a decline in price since April 17, with a low of $12.80 on June 10.
Robinhood to Delist Cardano (ADA) and Solana (SOL) as SEC Lawsuits Name Tokens as Securities
June 27 (Cointime) - Cardano (ADA) and Solana (SOL) experienced a greater decline than the overall cryptocurrency market on Tuesday, ahead of their delisting from trading app Robinhood at 6:59 p.m. ET. Robinhood had previously announced that it would stop supporting ADA, SOL and MATIC on June 27, following the Securities and Exchange Commission's (SEC) lawsuits against Binance and Coinbase.