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Solana

1 Million SOL Leaves Binance in Surprising Buy Activity, Are Solana Whales Back?
GameFi Guides

1 Million SOL Leaves Binance in Surprising Buy Activity, Are Solana Whales Back?

by admin August 20, 2025


  • What does this whale know?
  • SOL price outlook

The crypto market is severely down but whales have remained bullish on Solana. 

On August 20, a large crypto transaction involving 1,000,000 SOL was spotted leaving the world’s largest crypto exchange Binance, according to data provided by Whale Alert.

The transaction, which involved massive amounts of SOL worth over $181 million, happened during the mid-hour of the day, sparking discussions across the crypto community.

While the large transfer was made from a Solana cold wallet, the data shows that the destination of the transfer was unidentified by the tracker, suggesting a possible buy activity from a high-profile investor.

The receiving Solana wallet appears to have been recently created, as the first transaction carried out on the wallet happened 14 days ago, on August 7.

What does this whale know?

Although the reason behind the transfer was not stated, all indications from the transfer point to an attempt to buy the asset in large quantities. Notably, large amounts of cryptocurrencies leaving a major crypto exchange like Binance have often been traced to major buy activities from whales.

While the massive crypto transfer came at a time when the crypto market is experiencing a severe bloodbath, comments have suggested that a high-profile investor or an institution might have made the move to stack up on the asset at a lesser price and maximize profits.

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Apart from its anonymous nature, which has stirred curiosities among market participants, it is uncommon for such large amounts of tokens to be moved in attempted buy activities at a time like this when the crypto market is experiencing a heavy downturn.

Nonetheless, bullish moves like this have fueled hopes among relenting investors that something big might be coming, which the whale appears to be preparing for.

SOL price outlook

After falling as low as $179 on August 20, the price of SOL has seen a sharp rebound, rapidly switching to the green zone on the same day.

According to data from CoinMarketCap, SOL has surged sharply to $184 as of press time, reflecting a price increase of 3.48% over the last day.

Source: CoinMarketCap

With this sudden rebound in SOL’s price, investors’ enthusiasm have been reignited, and more large transfers like this are expected to push the token for more rally.



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August 20, 2025 0 comments
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NFT Gaming

Wyoming’s ‘Frontier’ Stablecoin Debuts on Ethereum, Solana and Avalanche

by admin August 19, 2025



In brief

  • Wyoming’s Frontier Stable Token debuted on seven networks, including Ethereum, Solana, and Avalanche.
  • The token could offer a yield in the future, while funding local education.
  • It could theoretically be issued on more than 110 networks through LayerZero.

Wyoming’s stablecoin debuted across seven blockchains on Tuesday, a new milestone for the Cowboy State as it officially enters the $285 billion sector.

Issued in partnership with LayerZero, the Frontier Stable Token (FRNT) will operate across Ethereum, Solana, and Avalanche, along with four Ethereum scaling networks—Polygon, Arbitrum, Optimism, and Base—the blockchain infrastructure provider and Wyoming Stable Token Commission said in a joint statement.

Although the stablecoin sector has been dominated for years by crypto-native firms like Tether and Circle, FRNT, previously known as the Wyoming Stable Token (WYST), represents the first state-backed token issued in the U.S. Wall Street firms, meanwhile are mulling their own offerings. 

The Commission and LayerZero described FRNT as a “constitutionally-protected public asset” that’s not subject to “arbitrary usage restrictions,” unlike many alternatives.



Like most stablecoins, FRNT will be backed by cash and U.S. Treasuries—but instead of benefiting a business, interest generated by FRNT’s reserves will be diverted to Wyoming’s School Foundation Fund on a quarterly basis, serving its citizens as a public good.

Individuals tied to FRNT’s introduction told Decrypt last month that the token will be unique because it’s not regulated under the GENIUS Act. The framework for stablecoins that passed last month does not apply to FRNT because Wyoming is a sovereignty—not a business—they said.

That means FRNT could eventually share a portion of the revenue its reserves generate with holders. That feature won’t be enabled on Tuesday, as it’s still being ironed out, Wyoming Democratic State Senator Chris Rothfuss told Decrypt in July.

The initiative has caught flack from some U.S. conservatives., who have compared FRNT to a central bank digital currency, but Anthony Apollo, executive director of Wyoming’s Stable Token Commission, has pushed back against concerns over users’ financial sovereignty.

Apollo has maintained, for months, that FRNT is not a CBDC because it can’t be issued in the same way that central banks create cash. On top of that, the state may challenge requests to seize or freeze funds, if they conflict with the state’s constitutional mandates.

One example: A company issuing a stablecoin could change their policies to prohibit the purchase of firearms with their token, while Wyoming wouldn’t be able to do the same because of its obligation to uphold the Second Amendment, Apollo said.

The stablecoin’s debut came amid the Wyoming Blockchain Symposium, an invite-only event at Four Seasons Resort and Residences Jackson Hole in Teton Village, where U.S. Securities and Exchange Commission Chair Paul Atkins is expected to speak.

FRNT was built using LayerZero’s Omnichain Fungible Token (OFT) standard, which also powers PayPal’s PYUSD stablecoin. Tokens issued under the standard can theoretically exist on over 110 blockchains that LayerZero supports.

A constitutionally-protected asset may not mean much to someone purchasing a cup of coffee in New York, but it could matter to people overseas who face high inflation or authoritative governments, LayerZero co-founder and CEO Bryan Pellengrino told Decrypt.

Not long ago, it was unclear whether something like FRNT would even be allowed in the U.S., he said, pointing to the regulatory scrutiny that followed the $40 billion collapse of Terra’s ecosystem in 2022—marked by the meltdown of its TerraUSD (UST) algorithmic stablecoin.

“It’s a crazy bellwether for the industry that I’m not sure people fully recognize,” he said, referring to FRNT’s debut. “Just a couple of years ago, all that people were talking about is that stablecoins are going to be banned.”

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August 19, 2025 0 comments
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Solana Handles 100K Transactions Per Second in Test Run: Here’s Why It Matters

by admin August 19, 2025



In brief

  • A Solana validator processed blocks with greater than 100,000 transactions per second in an experiment.
  • The performance improvement was more than 25x the typical throughput of the Solana mainnet.
  • Key Solana backers suggest that it means the network is ready for much more.

The Solana network briefly processed more than 100,000 transactions per second (TPS) in an on-chain experiment Sunday. That’s more than 25 times the network’s typical throughput, according to data gathered by the network’s explorer.

Solana already massively outpaces O.G. blockchain networks like Bitcoin and Ethereum on that front, but the Sunday peak beats Visa’s own high mark of handling up to 65,000 transactions per second.

The Solana validator operator behind the feat said that it showcases what’s possible if continued technical developments and efficiency improvements make their way to the popular layer-1 blockchain.

“The main point I want to get across is that Solana needs more efficient programs and an efficient token standard,” pseudonymous validator Dr. Cavey PHD told Decrypt. 

The rest of the network struggled very little to replay these blocks, and the subsequent leader produced their blocks normally.

This is a significant milestone not only for the network of over 1000 validators, but for distributed systems.

— dr cavey phd ⏳ (@cavemanloverboy) August 17, 2025

Cavey’s validator achieved a peak of 104,529 TPS on Sunday in what they called an experiment conducted on a “whim.” 

However, unlike a typical Solana block filled with transactions like token swaps or meme coin launches, the experimental blocks instead were filled with “votes, a few normal transactions, and a significant number of ‘no-op’ transactions,” or those that don’t require much computation. 

Nevertheless, if extrapolated out and handled with more efficient programs and token standards, Cavey believes the network could process approximately 100,000 token transfers per second—or 10,000-20,000 swaps in its current state. 



With such programs and token standards in place, they said, Solana can become the foundational infrastructure for on-chain markets that it aims to be. 

“High capacity enables the world’s markets to all be on-chain,” said Cavey. “Without the capacity, we can only ever hope to support a handful.” 

Solana’s real-time throughput is around 3,600 TPS at present time, according to the block explorer on Solana.com. For comparison, competing network Ethereum’s real-time mark is around 20.7 TPS, according to data from Etherscan—around 170 times slower than Solana. 

Why is it so important that Solana can achieve 100,000 TPS?

“It’s important insofar as it demonstrates that the network can clearly scale over an order of magnitude more than the current utilization, which is already several orders of magnitude over most blockchains,” Multicoin Capital Managing Partner Kyle Samani told Decrypt. “It means that Solana is ready to support web-scale applications today.” 

“This enables more activity to come on-chain,” Mert Mumtax, CEO of Solana infrastructure firm Helius Labs, told Decrypt. “More finance, more oracle updates, more market-making, etc. And of course: lower fees for users.”

Developers too stand to gain, according to Samani, who added that major throughput gains “opens up an entirely new design space for transaction-heavy applications.”

In July, a blog post authored by leading Solana stakeholders (including Samani) outlined a technical roadmap designed to make Solana the home of the world’s best financial markets, with improvements scheduled regularly for the next few years. 

But according to Cavey, major throughput improvements like those showcased in their experiment could be here even sooner.

“Three months at best,” the validator said, “six months at worst.” 

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August 19, 2025 0 comments
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Solana news Alpenglow
GameFi Guides

New Solana Consensus ‘Alpenglow’ Enters Community Vote

by admin August 18, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Solana core developers have pushed a sweeping consensus overhaul, “Alpenglow” (SIMD-0326), into the ecosystem’s formal governance track, setting up a validator vote that, if approved, would replace TowerBFT and re-architect finality and validator incentives on mainnet-beta. The proposal’s authors—Quentin Kniep, Kobi Sliwinski, and Roger Wattenhofer—describe Alpenglow as “a major overhaul of Solana’s core consensus protocol,” designed to supplant “the existing Proof-of-History and TowerBFT mechanisms” with a design that targets block finalization “as low as 100–150 milliseconds.”

Voting Process For Solana ‘Alpenglow’ Starts

The governance post lays out a three-phase timeline: discussion through epochs 833–838, stake-weight capture in epoch 839, and a binding vote across epochs 840–842 using claimable vote tokens sent to “Yes,” “No,” or “Abstain” accounts. Passage hinges on a supermajority threshold: Yes must be at least two-thirds of Yes+No, with a 33% quorum that counts abstentions. As of today, Solana is in epoch 834, making the discussion window active and the vote window scheduled several epochs out.

At the heart of Alpenglow is Votor, a direct-vote, leader-pipelined finality protocol that shifts Solana away from on-chain vote transactions and heavy gossip toward off-chain vote exchange with local signature aggregation. Validators vote to notarize or skip blocks; leaders aggregate those votes eight slots later and submit compact proofs. The authors argue this design cuts latency dramatically and reduces bandwidth, while a “20+20” liveliness model aims to tolerate up to 20% adversarial and 20% unresponsive validators without halting progress. “Alpenglow… enables much lower latency, improved fault tolerance, and generally greater protocol efficiency,” the post asserts.

The upgrade also rewires validator economics. Because voting moves off-chain, the SIMD introduces a Validator Admission Ticket (VAT), a fixed per-epoch fee “initially set to 1.6 SOL per epoch,” burned to maintain an economic barrier roughly comparable to today’s on-chain vote-fee regime. Validators are “required to cast exactly one valid vote per slot”; conflicting votes are detectable, and persistent non-participation renders a validator ineligible for rewards and at risk of removal from the active set.

Leaders receive compensation equal to the per-slot vote rewards of the votes they aggregate, plus a flat bonus when they include fast-finalization/finalization certificates. In a follow-up thread post, Wattenhofer explains the 1.6 SOL figure as approximately 80% of current vote costs to ensure no operator is worse off at the “AlpenSwitch.”

If adopted, Alpenglow would make a visible semantic change at the client layer: the authors note that optimistic confirmation would be superseded by actual finality at sub-second timescales. The stated aim is to bring confirmation latencies in line with Web2 user expectations while tightening safety guarantees that were harder to formalize under TowerBFT. The proposal’s documentation points readers to a 50+ page white paper and independent analyses, but emphasizes that the initial rollout focuses on finalization and voting; a new data dissemination protocol, Rotor, would follow in a separate SIMD.

Governance mechanics for the vote mirror Solana’s prior advisory processes but with higher stakes. Vote tokens will be claimable via an adapted Merkle distributor; validators then send those tokens to the designated choice accounts during the epoch-bounded window. The foundation’s governance post states, “If the sum of Yes votes is equal to or greater than 2/3 of the total sum of Yes + No votes, the proposal will pass,” and “Abstain” contributes to quorum but not to the supermajority tally. Stake weights and a public tally script will be published for independent verification.

Community feedback has quickly homed in on operational risk and rollout discipline. One validator-oriented response urges the SIMD authors to embed “a testing, deployment and fallback plan” before a mainnet decision, likening the scope of change to other industry-scale protocol transitions. Others probe specifics around the VAT level, transaction expiry in a post-PoH world, leader equivocation handling, and effects on MEV auctions and client UX when slices of a block are ignored under certain failure modes. These threads underscore that while the performance headline—150 ms finality—is eye-catching, the vote will likely hinge on the comfort level with safety proofs, incentive edge-cases, and the migration path.

At press time, SOL traded at $181.89.

SOL rejected at the 0.786 Fib, 1-week chart | Source: SOLUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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August 18, 2025 0 comments
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Solana price path to $200 stalls as transactions and addresses jump
Crypto Trends

Solana validators vote on Alpenglow proposal to cut finality

by admin August 18, 2025



Solana’s validator community has begun voting on SIMD-0326, the Alpenglow proposal, a upgrade designed to replace the current TowerBFT consensus mechanism with a faster, simpler, and more resilient system. 

Summary

  • Solana validators are voting on SIMD-0326, the Alpenglow upgrade.
  • Proposal cuts block finality from 12.8s to 100–150ms using off-chain voting.
  • Community split on the 1.6 SOL Validator Admission Ticket and testing risks.

If approved, Alpenglow proposal would reduce block finality from 12.8 seconds to as little as 100–150 milliseconds, putting Solana’s (SOL) performance closer to Web2 infrastructure.

How Alpenglow works

Developed by Anza, a Solana-focused research team, Alpenglow introduces direct voting, signature aggregation, and a Validator Admission Ticket fee to streamline participation and cut bandwidth costs. Validators will trade votes off-chain rather than on-chain, with cryptographic proof attesting to consensus. 

The system is built around Votor, a lightweight voting protocol that finalizes blocks in one or two rounds depending on validator support. Blocks can be certified in a single round with at least 80% approval or in a second round with a 60% threshold. This design reduces network load by eliminating gossip-heavy traffic and formalizes safety guarantees absent under TowerBFT.

The proposal also introduces a fixed 1.6 SOL VAT per epoch, burned to offset inflation while preserving economic barriers to participation. This fee replaces direct vote transaction costs, with supporters arguing it reduces validator expenses by around 20%. Critics, however, warn it may raise entry barriers for smaller operators.

Alpenglow further adopts a “20+20” resilience model, allowing the network to stay live even with 20% adversarial validators and another 20% unresponsive. Future improvements include replacing Solana’s Turbine data propagation system with Rotor, a more efficient protocol that will require separate governance approval.

Debate and governance process

Community sentiment around Alpenglow is split between optimism and caution. Its proponents emphasize how it can streamline validator operations, cut down on finality delays, and facilitate use cases like high-frequency trading and gaming that demand almost instantaneous confirmation. Validators such as Firedancer commended it for eliminating long-standing TowerBFT complications.

Testing, deployment risks, and economic effects are the main areas of concern. While some validators suggest tiered VAT models with stake size-based SOLs ranging from 0.5 to 5, others question how off-chain voting will manage Jito auction procedures without proof-of-history and transaction expirations.

Voting runs from epochs 833 to 842, with participation requiring a two-thirds majority of Yes over No votes and a quorum threshold of 33%, including abstentions. Results will determine whether Solana proceeds with one of its most ambitious consensus overhauls to date.



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August 18, 2025 0 comments
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Solana network extensions will redefine blockchain scaling
NFT Gaming

Ninth Solana ETF filing lands as Invesco and Galaxy submit S-1

by admin June 26, 2025



Invesco and Galaxy have become the ninth issuer to file for a spot Solana ETF with the U.S. Securities and Exchange Commission.

According to a June 26 filing, Invesco and Galaxy’s proposed fund will offer direct exposure to Solana (SOL), the sixth-largest cryptocurrency by market capitalization. Following the precedent set by Bitcoin and Ethereum ETFs, the proposed Solana fund would hold the asset directly under a commodity trust structure.

The fund would trade under the ticker symbol “QSOL” on the Cboe BZX Exchange, with Coinbase Custody set to act as custodian for the underlying Solana assets. The ETF may also stake a portion of its SOL holdings to earn additional token rewards, which would be treated as income to the trust.

Wednesday’s submission is a Form S-1 registration statement, which informs the commission of the intent to launch a new security. However, before the ETF can be listed, Invesco and Galaxy must also file a Form 19b-4, which proposes a rule change and initiates the formal review process.

The SEC will then determine whether the product meets regulatory standards under the Securities Exchange Act.

Invesco and Galaxy registered the “Invesco Galaxy Solana Trust” in Delaware earlier this month, kickstarting its regulatory process. Other applicants that have filed for Solana ETFs, including VanEck, Bitwise, Grayscale, and Fidelity, are already awaiting SEC review as momentum builds around altcoin ETFs.

So far, the SEC has delayed decisions on several Solana ETF applications and has since requested updates from issuers, but has not ruled out eventual approval. The final decision deadline on many of these filings falls in October.

However, Bloomberg analysts James Seyffart and Eric Balchunas have speculated the SEC may act on Solana ETF applications as early as July, with a 90% likelihood of approval.

As of now, altcoin ETFs remain unapproved in the United States, with current spot approvals limited to Bitcoin and Ethereum. However, the existence of CME-listed Solana futures and growing institutional interest in the asset have strengthened the case for a spot product.



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June 26, 2025 0 comments
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Invesco, Galaxy File For Spot Solana ETF As 9th Bidder
Crypto Trends

Invesco, Galaxy File For Spot Solana ETF As 9th Bidder

by admin June 26, 2025



Nine asset managers are now looking to launch an exchange-traded fund (ETF) tracking Solana, with Invesco the latest to join the bidding as the firm looks to push products beyond Bitcoin and Ethereum.

In a regulatory filing on Wednesday, Invesco and Galaxy Digital put forward the Invesco Galaxy Solana ETF, which aims to track the spot price of Solana (SOL), currently the sixth-largest cryptocurrency by market cap.

It’s the ninth filing for a Solana-tracking ETF, joining bids from the likes of VanEck, Bitwise and crypto ETF giant Grayscale.

The firms are looking to test the market’s appetite for so-called altcoins after the big success of Bitcoin (BTC) ETFs launched in early 2024 and milder wins for funds tied to Ether (ETH) that launched later that year.

The Trump administration has promised to ease regulations on crypto, setting off a wave of optimism through the sector that has seen Bitcoin hit new highs and triggered a slate of public companies to collectively raise billions to invest in Bitcoin long-term.

Invesco Galaxy fund to directly hold Solana

Invesco and Galaxy’s filing, a Form S-1 registration statement that tells the Securities and Exchange Commission it plans to launch a security, lays out that the planned ETF plans to directly hold Solana — the same as other competing ETFs.

If approved by the regulator, the ETF would trade on the Cboe BZX exchange under the ticker “QSOL.”

The firms will need to submit what’s called a Form 19b-4, which records a rule change with the SEC, for the agency to begin the process of considering approving the ETF.

This is a developing story, and further information will be added as it becomes available.

Magazine: Baby boomers worth $79T are finally getting on board with Bitcoin



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June 26, 2025 0 comments
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GameFi Guides

Solana, Pudgy Penguins ETF Filings Added to SEC’s Crypto To-Do List

by admin June 25, 2025



In brief

  • A proposed Invesco Galaxy fund would track the performance of Solana.
  • Multiple issuers have now filed applications for Solana ETFs, including Fidelity, VanEck and Bitwise.
  • Cboe has filed for a 19b-4 rule change that would enable the listing of a Canary Capital Pengu-based fund.

U.S. regulators on Wednesday added separate filings to their docket for a proposed Solana exchange-traded fund and a rule change that would allow the listing of an investment product tied to Pudgy Penguins tokens.

The Invesco Galaxy Solana ETF joins a list of eight other funds that would track the performance of the sixth-largest crypto by market capitalization.

Meanwhile, a 19b-4 request by Cboe would allow the Canary PENGU ETF to trade on the exchange.

The filings are among the latest developments in an increasingly heated crypto ETF space, which has intensified since the dramatic success of spot Bitcoin and Ethereum funds over the past 18 months, and amid a more receptive political environment for crypto products.

The SEC is weighing more than two dozen applications for altcoin-based ETFs, including not only Solana but XRP, Dogecoin, Cardano, Polkadot, and Hedera.

Earlier this month, seven Solana fund issuers filed amended S-1 forms with the SEC, clarifying language that would enable them to stake the Solana they hold.

Staking refers to the process of pledging tokens to a decentralized network in exchange for yield, or financial rewards.



Its inclusion in ETFs is a point of contention among federal regulators, who previously delayed their decision on staking in Ethereum ETFs due to concerns over the financial and security-related risks posed by the practice.

Solana, XRP, and Litecoin spot ETFs are near locks at 95% odds of approval from the U.S. Securities and Exchange Commission by the end of 2025, according to estimates last week by analysts Eric Balchunas and James Seyffart of Bloomberg.

Dogecoin, Cardano, Polkadot, Hedera, and Avalanche spot ETF applications have a 90% probability of approval by year-end. Such altcoin funds seemed unlikely until the success of the BTC and ETH ETFs, which have generated $47 billion and $4 billion in net investments, respectively.

The Invesco Galaxy Solana ETF will  trade under the QSOL ticker. Galaxy Digital Funds will serve as the fund’s execution agent, purchasing and selling SOL on behalf of the fund. Coinbase will serve as the fund’s custodian.

Crypto-focused investment management firm Canary Capital filed for its Pudgy Penguin fund in March, one of several other altcoin ETFs that it has proposed to the SEC.

Solana, the native token of the Solana network, was recently trading at $143, down nearly 1% over the past 24 hours.

It has declined by roughly 18% over the past month, as most altcoins have experienced a downturn. However, it remains a favored blockchain among many developers due to its speed and efficiency.

PENGU was roughly unchanged from Tuesday at the same time and has fallen 22% over the past month.

Edited by Sebastian Sinclair

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June 25, 2025 0 comments
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Solana Will Lead Global Tokenization, Hyperliquid the Perp Boom: Hedge Fund Founder

by admin June 25, 2025



Solana’s SOL

token is trading at $144.04, down 0.62% in the past 24 hours, after briefly climbing as high as $147.73 earlier in the session, according to CoinDesk Research’s technical analysis model.

The move came amid a spike in trading volume and fresh commentary from Syncracy Capital Co-Founder Ryan Watkins, who reaffirmed Solana’s long-term importance in the evolving crypto economy.

Watkins, whose firm makes concentrated, thesis-driven investments in crypto, followed up on a prediction he made in May, when he called the competition between Solana and Hyperliquid “the cryptoeconomy’s defining battle” as U.S. equities begin migrating onchain. At the time, he suggested that the winner could become a $100 billion to $500 billion platform capable of reshaping capital markets.

On June 25, in a new post on X, Watkins said that Solana now appears set to lead the “tokenization of everything,” while Hyperliquid is positioned to dominate the perpetual futures space. The remarks reinforced market narratives around Solana’s potential to support the next wave of blockchain-based financial infrastructure.

Institutional interest in Solana continues to rise, with CME Futures volume for SOL recently hitting a record high of 1.75 million contracts. Market watchers have taken this as a sign of deepening engagement from sophisticated investors even as price action cools from recent highs. SOL’s current support levels and structural strength are drawing attention ahead of potential retests of the $148–$150 range.

Technical Analysis Highlights

  • SOL traded in a 24-hour range of $4.96 (3.47%) from $145.09 to $147.45.
  • Support was established at $143.02, with resistance encountered at $147.98.
  • Between 13:06 and 14:05 UTC, price rose from $146.27 to $147.31, a 0.71% gain.
  • The session high of $147.98 was recorded between 13:43 and 13:46 on strong volume.
  • A resistance band formed between $147.90 and $148.00, while support held at $146.70.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.



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June 25, 2025 0 comments
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Xrp Ledger Introduces Update 2.5.0 To Rival Ethereum, Solana
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XRP Ledger Introduces Update 2.5.0 to Rival Ethereum, Solana

by admin June 25, 2025



The XRP Ledger (XRPL) has rolled out a powerful new software update version 2.5.0 bringing major improvements to the network. This upgrade marks a big step forward for XRPL, as it aims to compete directly with Ethereum and Solana.

Batch transactions are one of the most awaited features of this update. This means that enterprises will be able to make mass payments and distribute tokens more effectively, which opens real use cases to institutions.

New XRP Ledger Software Update 2.5.0 is out! This is how the new update will push the XRP Ledger forward ✅ –

Long awaited new amendments:

🔹Batch transactions.
🔹Token escrow (RLUSD, memes, treasuries etc).
🔹Premissioned DEX (P-Domain is in voting) so that institutions can… pic.twitter.com/kIGrLjvBhE

— Vet (@Vet_X0) June 24, 2025

The other significant new feature is token escrow, which enables safe and automated payouts, which are perfect in vesting schedules and dApp deposit management.

The update also adds permissioned decentralized exchange (DEX) and permission delegation, which provide developers greater control and flexibility. Together with these features, version 2.5.0 addresses a number of bugs, particularly those related to NFT trustlines and RPC responses, making the network faster and more stable overall.

Vet, a popular XRPL validator, commended the upgrade as one that made the XRPL faster, efficient, and more reliable. In May, RippleX engineer Mayukha Vadari said this version would assist XRPL in competing with major chains such as Ethereum and Solana, and it is already paying off.

There is a boom in network activity. Daily addresses on XRPL increased 7x and whale wallets reached a new record. Ethereum and Solana experience decelerating activity and capital outflow, whereas XRP is gaining momentum. 

The upgrade saw the token rise by almost 6 percent to trade at $2.17 and recover the losses incurred on Sunday. XRPL is still in its infancy with giants such as CME Group, Uphold, and Ondo Finance keeping a keen eye on the project.

Also Read: Not $50B, But Elon Musk to Invest $104B in Ripple’s XRP: Fact Check





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June 25, 2025 0 comments
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