Solana News

According to new data from CoinGecko, four firms, Upexi, DeFi Developments Corp, SOL Strategies, and Torrent Capital, have recently acquired […] The post Solana Holds Firm As Meme Communities Bet Layer Brett Could Explode Beyond 500% This Weekend appeared first on Coindoo.

There are new details on the company aiming to raise $1 billion worth of SOL coins to create a Solana (SOL) treasury. Continue Reading: JUST IN: New Details Emerge on the Anticipated $1 Billion Solana (SOL) Purchase

The post Altcoin ETFs Won’t Trigger Traditional Alt Season, Experts Say appeared on BitcoinEthereumNews.com. Key Highlights Altcoin ETFs are coming, but demand may stay low. Treasury companies dominate the real alt season. Hybrid ETFs could reshape the crypto market. Why Altcoin ETFs Won’t Trigger a Traditional Alt Season The approval of altcoin funds by the US Securities and Exchange Commission (SEC) is unlikely to spark a traditional alt season, according to Bloomberg Intelligence expert James Seyffarth. Despite growing anticipation, low demand and other market factors could prevent a major price surge. Seyffarth predicts that funds based on assets such as DOGE, LINK, XLM, BCH, AVAX, LTC, SHIB, DOT, SOL, and HBAR may be approved in the near future. “These funds already comply with the framework that the SEC is developing,” he explained. While altcoin spot ETFs are expected to launch in Q4 2025, the next candidates could be ADA and XRP, potentially rolling out within a few months after that. Spot ETFs vs Treasury Companies: Who Leads the Real Alt Season? The early performance of Ethereum spot ETFs has been underwhelming. Seyffarth noted, “We were extremely bearish on the Ethereum ETF. They came out too fast. Brokers didn’t have a chance to price them. And staking is still banned, seriously?” Interest remains high in Solana futures ETFs and XRP ETFs, but it still lags behind Bitcoin spot ETFs. Seyffarth believes hybrid ETFs—a basket of multiple crypto assets could be more successful than single-asset funds. Meanwhile, treasury companies, also known as DATs, are attracting significant attention. “This is the alt season, the DAT alt season. They’re incredibly successful,” Seyffarth said. With Ethereum and Solana in reserve, these companies can generate additional income and offer easier access for counterparties in traditional finance. What This Means for Crypto Investors Seyffarth predicts that some treasury companies may collapse in the long term. However, for now, they provide relatively…

Key HighlightsAltcoin ETFs are coming, but demand may stay low.Treasury companies dominate the real alt season.Hybrid ETFs could reshape the crypto market.Why Altcoin ETFs Won’t Trigger a Traditional Alt SeasonThe approval of altcoin funds by the US Securities and Exchange Commission (SEC) is unlikely to spark a traditional alt season, according to Bloomberg Intelligence expert James Seyffarth. Despite growing anticipation, low demand and other market factors could prevent a major price surge.Seyffarth predicts that funds based on assets such as DOGE, LINK, XLM, BCH, AVAX, LTC, SHIB, DOT, SOL, and HBAR may be approved in the near future. “These funds already comply with the framework that the SEC is developing,” he explained.While altcoin spot ETFs are expected to launch in Q4 2025, the next candidates could be ADA and XRP, potentially rolling out within a few months after that.Spot ETFs vs Treasury Companies: Who Leads the Real Alt Season?The early performance of Ethereum spot ETFs has been underwhelming. Seyffarth noted, “We were extremely bearish on the Ethereum ETF. They came out too fast. Brokers didn’t have a chance to price them. And staking is still banned, seriously?”Interest remains high in Solana futures ETFs and XRP ETFs, but it still lags behind Bitcoin spot ETFs. Seyffarth believes hybrid ETFs—a basket of multiple crypto assets could be more successful than single-asset funds.Meanwhile, treasury companies, also known as DATs, are attracting significant attention. “This is the alt season, the DAT alt season. They’re incredibly successful,” Seyffarth said. With Ethereum and Solana in reserve, these companies can generate additional income and offer easier access for counterparties in traditional finance.What This Means for Crypto InvestorsSeyffarth predicts that some treasury companies may collapse in the long term. However, for now, they provide relatively simple and convenient entry points into the crypto market.“The market has become more institutionalized,” Seyffarth added. “Institutional capital is fueling Bitcoin and Ethereum right now. If a hybrid ETF is approved, money could flow in and impact prices.”Experts warn that single-altcoin funds are unlikely to replicate the success of Bitcoin and Ethereum ETFs. In today’s market, the true alt season is not about individual coins but about treasury companies (DATs) that dominate institutional demand.

The post Stripe, Paradigm Unveils Payments-Focused Blockchain Tempo appeared on BitcoinEthereumNews.com. Payments giant Stripe and crypto investment firm Paradigm on Thursday officially unveiled Tempo, their joint blockchain project designed for stablecoin payments. The initiative, incubated inside Stripe, is designed to handle the kind of scale Stripe sees in real-world financial applications, processing tens of thousands of transactions per second with sub-second finality, Stripe CEO Patrick Collison said in an X post. The project launches with a list of heavyweight partners including Anthropic, Deutsche Bank, DoorDash, Nubank, OpenAI, Revolut, Shopify, Standard Chartered and Visa, who will help shape its design, he added. “We hope that Tempo makes it easier for things like payment acceptance, global payouts, remittances, microtransactions, tokenized deposits, agentic payments, and more, to move onchain,” he said. Tempo, first leaked in August in a job posting, is joining a growing roster of blockchain projects competing for stablecoin payments. It’s potentially a huge market opportunity: Stablecoins, now a $270 billion class of cryptocurrencies, are projected to become a trillion-dollar market and poised to disrupt global payment flows as a cheaper, faster alternative to banking rails, proponents say. Collison said Tempo was needed because current blockchains, even high-speed ones like Solana SOL$198.37, don’t match Stripe’s throughput or payment-focused requirements. Tempo targets 100,000 transactions per second with sub-second finality, allows fees to be paid in stablecoins instead of native tokens and includes a built-in automated market maker to ensure neutrality across issuers, he said. The chain is Ethereum Virtual Machine (EVM)-compatible and built on Reth, an Ethereum ETH$4,291.91 execution client. Tempo is an independent entity with Paradigm and Stripe being early investors, Collison said. Paradigm CEO Matt Huang is leading a team of 15 person. “We’re building Tempo with principles of decentralization and neutrality,” Huang said in an X post. That includes launching with a diverse set of validators with plans to transition…

The first US exchange-traded fund offering exposure to Dogecoin (DOGE) could debut as soon as next week, after the ETF Opportunities Trust filed a post-effective amendment that sets September 9, 2025 as the effective date for a suite of single-coin funds that includes the REX-Osprey DOGE ETF (ticker: DOJE). The filing—Post-Effective Amendment No. 367—explicitly names the DOGE fund alongside proposed TRUMP, BTC, XRP and BONK funds, and states that the amendment “designates September 9, 2025 as the new effective date” for those products. Dogecoin ETF Set To Launch Market expectations were turbocharged by a teaser from the issuer itself. On Wednesday, REX Shares wrote: “The REX-Osprey™ DOGE ETF, $DOJE, is coming soon! DOJE will be the first ETF to deliver investors exposure to the performance of the iconic memecoin, Dogecoin.” Soon after, Bloomberg’s Eric Balchunas added fuel, noting: “Looks like Rex is going to launch a Doge ETF via the 40 Act a la $SSK next week based on the tweet below combined w how they just filed an effective prospectus. Doge looks like the first one to go out.” Related Reading: Dogecoin Signal That Nailed The Top Says It’s Time To Buy What makes DOJE viable on a near-term timeline is structure. Instead of the “commodity ETP” pathway (which typically requires a bespoke 19b-4 exchange rule change), DOJE sits inside a ’40-Act open-end ETF registration under the ETF Opportunities Trust—the same chassis REX-Osprey used to list its Solana fund (SSK) earlier this summer. The January 21, 2025 prospectus for the trust includes a full DOGE fund section, stating the investment objective is to track the performance of Dogecoin and disclosing that the fund may use derivatives (including swaps) and a wholly owned Cayman subsidiary—the REX-Osprey DOGE (Cayman) Portfolio S.P.—to hold positions, subject to a 25% cap for the subsidiary to preserve RIC tax treatment. REX-Osprey’s SSK is the immediate precedent. That fund listed in early July under a ’40-Act framework and quickly gathered assets and trading activity. MarketWatch reported the Cboe listing, ~$20 million first-day trading volume, and the fund’s positioning as the first US ETF with direct Solana exposure plus staking rewards. Notably, SSK crossed $100 million AUM within weeks. Related Reading: Dogecoin Bull Run Could Start On September 13, Analyst Predicts The September 9 effectiveness designation is the key gating item before a listing venue can post a trading date; it supports the “next week” launch expectation flagged by Balchunas. Notably, the same filing block references additional single-coin funds—TRUMP, XRP, BONK, BTC—indicating a broader shelf beyond DOGE. How The Dogecoin ETF Could Affect Price ETFs can influence spot markets through primary-market creations and redemptions when net inflows require the sponsor (or authorized participants) to source the underlying exposure. While attribution is never clean in crypto, Solana’s spot price rose roughly 34% from around $152 on July 3, 2025 (the day after SSK’s launch window) to roughly $204 today, with SSK racing to $100 million+ AUM in its early weeks. That precedent is directionally relevant for DOGE if DOJE lists and attracts sustained creations. In such a scenario, the fund complex and its authorized participants would need to acquire DOGE coins or DOGE-linked exposures—through spot purchases, swaps, or other instruments—to meet primary-market demand, potentially tightening available float at the margin. Liquidity in SOL is significantly deeper, with more than three times the market capitalization and trading volume of DOGE, while DOGE remains more retail-driven, so the magnitude of any ETF-related impulse could in fact be more pronounced. Still, the mechanism is similar: net inflows beget net buys of the reference asset, and the secondary market visibility can broaden the investor base beyond native crypto venues. At press time, DOGE traded at $0.216. Featured image created with DALL.E, chart from TradingView.com

The post Defi Development Corp. Crosses 2 Million SOL After Latest $40 Million Purchase appeared on BitcoinEthereumNews.com. Defi Development Corp. has acquired 196,141 SOL at $202.76 each, bringing its total holdings to over 2 million SOL valued at $427 million. DFDV Expands Solana Treasury to $427 Million, Staking for Long-Term Growth Defi Development Corp. (Nasdaq: DFDV), a publicly traded company built around a solana-focused treasury strategy, announced it has surpassed 2 million […] Source: https://news.bitcoin.com/defi-development-corp-crosses-2-million-sol-after-latest-40-million-purchase/

The post DeFi Development expands SOL holdings to over 2 million with new acquisition appeared on BitcoinEthereumNews.com. On Friday, DeFi Development Corp acquired 196,141 SOL at an average price of $202.76 per token. The company’s latest acquisition was an 11% increase from its previous acquisition, bringing its total holdings to 2,027,817 SOL. The treasury company’s total SOL held reached approximately $427 million, solidifying its position as the first company with a treasury strategy built to accumulate and compound Solana. DeFi Development’s key metric, Solana per share (SPS), stands at 0.0793, representing a USD value of $16.70 on approximately 25,573,702 outstanding shares. DeFi Dev plans to hold its SOL long-term  The Solana treasury firm aims to hold the newly acquired SOL long-term and stake it to a variety of validators, including DeFi Dev’s own Solana validators, to generate yield. According to the report, the company did not include any of the pre-paid warrants from its recent equity financing in the current figure. DDC’s adjusted share count is roughly 31.4 million at the time of publication, including warrants from the recent transaction. The firm said its SPS will reflect the share count in future updates and the deployment of the remaining funds received from the equity financing into additional SOL asset purchases. On August 28, the company revealed plans to launch an extension of its crypto treasury firm, DFDV UK, in the UK. DeFi Dev will form the firm through its recent acquisition of Cykel, with an approximate 45% equity stake.  According to the former real estate financing company, its equity stake in DVD UK is also expected to provide additional upside to SPS over time. The company said its Treasury Accelerator strategy also includes five additional vehicles in the pipeline at various stages of development. “DFDV UK is a milestone: the first Solana treasury vehicle in the United Kingdom and a proof point for our global expansion strategy.…

Solana bounces from $202 demand zone, retests $205 resistance; analysts and institutions weigh in on next move.

The crypto market never sits still, and the latest shift has many traders rethinking their strategies. Solana has enjoyed plenty of hype, but momentum seems to be fading. While SOL still battles for attention, a new contender, Layer Brett, is stealing the spotlight. Currently in crypto presale at just $0.0053, this Ethereum Layer 2 memecoin [...] The post Solana Momentum Fades As Investors Jump To Back Layer Brett After 100x Predicted Gains Announced appeared first on Blockonomi.