Solana News in Nigeria

The post Solana Company files ‘shelf’ registration for future securities issuance appeared on BitcoinEthereumNews.com. Key Takeaways Solana Company filed a shelf registration to allow future issuance of securities, enhancing its ability to raise capital efficiently. The firm’s strategy mirrors Bitcoin-treasury models, emphasizing long-term SOL accumulation and investor access to blockchain-linked securities. Solana Company, a publicly traded digital-asset treasury focused on accumulating SOL, filed a Form S-3 registration statement with the SEC for future securities offerings. The company has announced capital-raising and registration activity to build its SOL-treasury strategy and enhance flexibility in equity and warrant issuance. These moves align with its stated objective of increasing SOL per share and participating in the Solana network through staking and treasury accumulation. SOL remains central to the Solana ecosystem, supporting decentralized applications, validator operations, and network staking. The company’s strategy reflects growing institutional interest in Solana’s scalability and performance advantages within the broader blockchain landscape. The firm’s leadership has positioned this strategic pivot as an opportunity to expand investor access to crypto-linked public-market exposure, framing Solana Company as a bridge between traditional finance and blockchain-native asset management. Source: https://cryptobriefing.com/solana-company-shelf-registration-future-securities/

As Solana (SOL) and Cardano (ADA) get ready for what could be their next breakout runs, other tokens are also rising as trending picks for Q4. Here’s a closer look at the four best coins to watch in 2025, beginning with SOL and ADA before moving into some of the most talked-about emerging picks. Solana […]

The post What’s Happening at Solana? SOL Founder Anatoly Yakovenko Makes an Unexpected Move! appeared on BitcoinEthereumNews.com. New developments are occurring daily in the cryptocurrency market. Today’s news comes from Solana (SOL). According to Aggr News, Solana co-founder Anatoly Yakovenko is allegedly developing a perpetual DEX (futures exchange) on the Solana network. According to Github data, Solana co-founder Yakovenko may be preparing a Perpetual DEX built directly on SOL. A new repository called “Percolator” has appeared on Yakovenko’s personal GitHub account. The description includes the phrase “A sharded perpetual exchange protocol for Solana.” This suggests that a perpetual contract-based decentralized exchange protocol is being developed on the Solana blockchain. According to experts, if this proves true and Yakovenko develops a DEX, it could mean a local futures platform competing with Hyperliquid, but built on Solana. It can also mean great liquidity and on-chain volume. Despite all the news, there has been no official statement yet as to whether Yakovenko is a direct co-founder or lead developer of a DEX. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/whats-happening-at-solana-sol-founder-anatoly-yakovenko-makes-an-unexpected-move/

Solana’s undervaluation: Have institutions started to take notice?

The post Solana Co-Founder Is Launching a New Perp DEX appeared on BitcoinEthereumNews.com. Anatoly Yakovenko, a co-founder of Solana, quietly announced that he’s working on a new perp DEX. The project, called “Percolator,” will be L1 native to the SOL blockchain. While the perp DEX market keeps growing, platforms like Aster and Hyperliquid are competing fiercely for dominance. A new wild card like Percolator could seriously disrupt the equation. Solana’s New Perp DEX Solana has recently been losing a little ground in the meme coin sector, but its recent successes in infrastructure investment show that it’s prepared to expand to new markets. Sponsored Sponsored This morning, one Solana co-founder quietly announced that he was working on Percolator, a new perpetuals DEX native to the SOL blockchain. Anatoly Yakovenko, the co-founder in question, doesn’t have a huge social media presence, so he only publicized this via GitHub. However, the corresponding page reveals a lot of information about this Solana DEX. It’s a little hard to parse all the raw code, but he also shared a text file summing up Percolator’s development. Although a few key steps like account validation, position closure, funding rate updates, and more remain uncompleted, Yakovenko has already finished many core data structures and capabilities. Percolator may begin serious stress-testing soon, depending on future progress. Disrupting the Market So, how could a Solana perp DEX impact the crypto market? Perp DEXs are a rapidly growing market, and that’s bringing new competition. Aster, a CZ-backed project, recently displaced Hyperliquid’s market share, but then suffered several major setbacks. Hyperliquid, for its part, is determined to regain its upper hand. A new contestant, however, could become a total wild card: new perp dex on solana incoming. let’s get this straight * there’s hyperliquid.* then there’s next hyperliquid i.e lighter.* then there’s hyperliquid’s competitor on bnb chain is aster.* and now, hyperliquid and aster’s competitor…

The post Grayscale Highlights Solana as a Core Blockchain Powering On-Chain Applications appeared on BitcoinEthereumNews.com. Grayscale’s latest report positions Solana (SOL) as one of the leading “hosting networks” for blockchain applications. According to the firm, Solana now powers a diverse set of protocols, including Raydium, Pump.fun, and Helium, three projects driving major on-chain activity. The Solana ecosystem currently generates around $425 million in monthly fees, translating to an annualized $5 billion in network revenue. Yet, the average transaction cost remains just $0.02, an achievement that underscores its efficiency and scalability. Grayscale also pointed out that over 1,000 full-time developers are now building on Solana, placing it second only to Ethereum by developer count. That developer base, the firm noted, represents a strong foundation for long-term innovation and ecosystem resilience. 1/ @solana is a central part of the crypto ecosystem, but many mainstream investors are only just starting to learn about the network and its $SOL token. Get up to speed with the latest report from our research team. 🧵⬇ — Grayscale (@Grayscale) October 17, 2025 Solana’s Growing Role as a Smart Contract Platform Solana’s growth story is built on fundamentals. It has become one of the most active smart contract blockchains, and today, it leads its category in users, transaction volume, and total transaction fees. Unlike many networks that focus narrowly on DeFi or NFTs, Solana hosts a wide range of applications. It’s home to @RaydiumProtocol, a leading decentralized exchange; @pumpdotfun, one of the fastest-growing consumer memecoin launch platforms; and @helium, the network connecting mobile hotspots around the world. This diversity sets Solana apart. It isn’t just processing speculative trades, it’s running real consumer and infrastructure applications that bring consistent on-chain demand. Grayscale reported that Solana has become a core “hosting network” for blockchain applications such as Raydium and Pump fun. The Solana ecosystem generates about $425M in monthly fees (annualized over $5B) with an…

While Solana ($SOL) and BNB are treading water, a new giant is emerging and redefining […]

Solana (SOL) co-founder Anatoly Yakovenko is allegedly developing a perpetual DEX (futures exchange) on the Solana network. Continue Reading: What's Happening at Solana? SOL Founder Anatoly Yakovenko Makes an Unexpected Move!

The post Solana (SOL) Fails to Hold Above $200 Amid Whale Selling, What’s the Best Crypto to Buy Now? appeared on BitcoinEthereumNews.com. Solana (SOL) has recently struggled to maintain its position above $200, as whale selling and profit-taking pressure weigh on the market. Despite its strong ecosystem and lightning-fast blockchain, this pullback has left investors searching for alternatives with higher growth potential. For those asking what’s the best crypto to buy now, attention is turning to an emerging project, Mutuum Finance (MUTM), that combines innovative features with strong market demand.  The project is a next-generation DeFi token currently in Phase 6 of its presale, with over 70% of tokens sold and $17.65 million raised. With its dual-lending model, robust roadmap, and growing investor confidence, Mutuum Finance is rapidly positioning itself as a leading new crypto coin to watch for 2025, offering both utility and high upside potential. Solana (SOL) Fails to Hold $200 as Sell Pressure Grows Solana (SOL) has failed in recent days to maintain above $200, following investors offloading 688,000 SOL worth $132 million to exchanges in the current week, a reflection of mounting sell-side pressure and profit-taking. The short-term holder Net Unrealized Profit/Loss is currently in the capitulation zone, which means that most traders are selling at a price lower than their cost price, a possible precursor to a bounce.  Following its failure to hold past $200, SOL is currently at approximately $192, and recapturing $200–$205 could be the catalyst for the turnaround to levels of $213, with falling below $183 having losses still in process.  As investors look to the next  performance of SOL, a number of investors are also looking into Mutuum Finance (MUTM), monitoring the cutting-edge venture that could fill gaps in their portfolios as they sell SOL. For many, this project is emerging as the best crypto to buy now, combining innovative features with early investor potential that rivals any new crypto coin on the…

PANews reported on October 20th that, according to on-chain analyst Yu Jin, an investor/institution that received a 1 million SOL investment allocation sold some of it at the end of last year and invested in 2.52 million HYPE. Ten months after holding it, they took their first profit, selling some of their HYPE (worth $15.68 million) and then repurchased SOL. Their profit on HYPE reached $26.7 million. Solana investors/institutions: received an investment allocation of 1 million SOL in June 2020. Selling some SOL to invest in HYPE: In December 2024, shortly after HYPE launched, he sold 375,000 SOL at around $191 for approximately 70 million USDC. He then transferred these USDC to the Arbitrum chain and into Hyperliquiquit, ultimately purchasing 2.52 million HYPE at an average price of $27.7. Start selling HYPE to take profit and buy back SOL: 2025/10, 10 months after holding HYPE, he sold 408,900 HYPE at $38.3 in exchange for 15.68 million USDC, and then crossed back to Solana to buy back 81,100 SOL at $193. Holdings and Profits: He currently holds 1.073 million SOL (worth $206 million) and 2.152 million HYPE (worth $82.63 million). HYPE's profit exceeds $26.7 million, while SOL's profit is even higher because these SOLs were invested at very low costs, and the staking income alone over the past five years has been close to 400,000 SOLs.