Crypto | Finance
Solana Bears the Weight of Market Doubt as Funding Rate Turns Negative Solana’s native token, SOL, faces mounting market skepticism as its perpetual futures funding rate flipped negative this week. This shift suggests that short-sellers are dominating the market, a rare scenario in the usually bullish crypto futures landscape. Despite Solana’s impressive Q2 fundamentals, including…
SEC Signals Accelerated Timeline for Solana ETF Approvals The U.S. Securities and Exchange Commission (SEC) is moving faster than expected on reviewing spot Solana exchange-traded funds (ETFs). In a new development, the agency has asked ETF issuers to submit revised filings by the end of July 2025, potentially clearing the path for approval ahead of…
Solana (SOL) has surged above the $140 mark following the launch of its first US-based exchange-traded fund (ETF), the REX-Osprey Solana Staking ETF (SSK). After just two days of trading, the ETF has attracted $12 million in capital inflows, sparking optimism among retail and institutional investors. Also Read: Solana Price Prediction: Why SOL is Crashing…