According to Gate News bot, as reported by TapChiBitcoin, Alex Gluchowski, founder and CEO of Matter Labs, responded to Toly's statement on the X platform. Gluchowski stated that Solana cannot compare to Ethereum (ETH) in terms of decentralization and censorship resistance, and it also lags behind the second layer (Layer 2) using a single sequencer in terms of latency and performance.

According to a report by Jinse Finance, Alex Gluchowski, the founder of ZKsync and CEO of Matter Labs, responded on the X platform to Solana co-founder Toly, stating that Solana cannot compete with Ethereum in terms of Decentralization and censorship resistance, and also cannot compete with the latency and performance of single sequencer Layer 2 networks. Previously, Solana co-founder Toly stated that Solana is not looking to "wage war" with Ethereum, but rather to combat centralized sequencer Layer 2 based on Ethereum.

According to Gate, with Israel and Iran announcing a ceasefire, the global Crypto Assets market has seen a significant Rebound, with Solana (SOL) prices soaring nearly 7%. The conflict, which lasted for 12 days, intensified geopolitical tensions, while the cessation of hostilities alleviated concerns about potential disruptions to global markets, particularly in the energy sector.

According to Gate news, Solana's first Layer 2 solution, Solaxy, was publicly launched on Uniswap and raised $58 million in a presale, as reported by Bitcoinist. Although it experienced a slight fall immediately after listing, possibly due to the bearish sentiment in the overall market, the number of token holders increased from around 3,000 to about 5,000 in just a few hours.

According to Gate News bot, CoinTelegraph reports that the company based in Hong Kong has started adding Crypto Assets to their vault.

According to Gate News bot, FinanceFeeds reports that payment giant Fiserv plans to launch a fiat-backed stablecoin FIUSD on the Solana blockchain by the end of the year, aimed at providing real-time, around-the-clock settlement for its global network of banks and merchants.

According to the statement on June 23, the major player in the global payment and financial services sector, Fiserv Inc., announced plans to launch a USD-pegged stablecoin called FIUSD on the Solana blockchain.

According to BlockBeats news on June 18, the VanEck Solana Spot ETF has been listed on the DTCC official website, with the code VSOL, and the creation/redemption section shows D. Although this move does not indicate that the ETF has received any regulatory approval or any explicit approval process results, being listed on the DTCC website is the "standard process" for launching a new ETF.

PANews June 17 news, Moonshot announced the launch of Renegade Angel ($xavier) on the Solana chain, with a current market capitalization of approximately $12.7 million and a 24-hour volume of $7.2 million.

PANews June 17 news, according to the official announcement, Gate CandyDrop will launch the 4.0 universal Airdrop event from June 17 18:00 to July 1 18:00 (UTC+8), with a prize pool valued at approximately 300,000 USDT, available for both new and old users. Users can participate in sharing 2,000 SOL super airdrop by completing Futures Trading or inviting friends. The maximum airdrop share per person is 3 SOL.

Gate News bot news, according to data from Polymarket, in the past 24 hours, the probability of the Solana ETF being approved by the US SEC as of July 31 has risen from 63% to 76%.

According to the Gate News bot, as monitored by Lookonchain, pump.fun, which has had its account suspended by platform X, has sold approximately 4.1 million SOL (about 741 million USD) since May 19, 2024, at an average price of about 180 USD.

PANews, June 17, news from Whale Alert monitoring, at 12:41 and 12:42 PM, the USDC issuer USDC Treasury minted 69,801,539 USDC (approximately 69.78 million USD) on Ethereum, while almost simultaneously destroying the same amount of USDC on the Solana chain, indicating that this is a standard cross-chain asset migration operation.

According to Jinse Finance, Whale Alert monitored that USDC Treasury burned 69,801,539 USDC on Solana.

Gate News bot message, on-chain data shows that Galaxy Digital has staked another 150,000 SOL (worth 22.7 million USD). In the past 6 hours, Galaxy has staked a total of 63 million USD worth of SOL.

Gate News bot message, global financial services company Cantor Fitzgerald analysts predict that Solana (SOL) will become the preferred financial asset for enterprises. According to reports, the analyst noted that companies holding SOL on their balance sheets will gain a range of benefits.

Odaily News European digital asset management company CoinShares has submitted an application for a Solana Spot ETF (SOL ETF) to the U.S. SEC. This comes less than a week after seven institutions, including 21Shares and Bitwise, updated their related applications. Previously, Bloomberg senior ETF analyst Eric Balchunas predicted that the probability of such products being approved this year is

According to Gate News bot, Decrypt reported that the European digital asset management company CoinShares has submitted a Solana Spot ETF (SOL ETF) application to the SEC. Prior to this, seven institutions including 21Shares and Bitwise had updated their relevant applications to the SEC. Bloomberg senior ETF analyst Eric Balchunas stated that the probability of approval for such products this year is 70%.

Golden Finance reports that data shows Meme coins on the Solana chain have risen, with a 19.1% rise in the past 24 hours, among which: WIF has risen 21.5% in the past 24 hours, currently reported at 0.8339 USD; BONK has risen 14.3% in the past 24 hours, currently priced at 0.00001395 USD; PENGU has risen 18% in the past 24 hours, currently priced at 0.009887. AI16Z has risen 18.4% in the past 24 hours, currently priced at 0.1605 USD.

According to ChainCatcher news reported by News.Bitcoin, the Solana Foundation has signed a memorandum of understanding with the government of Kazakhstan to establish the first Blockchain Economic Zone in Central Asia, aiming to promote the development of tokenization in the Capital Market, cultivate Web3 talents, and attract Blockchain enterprises to settle.

According to a report by Jinse Finance and News.Bitcoin, the Solana Foundation has signed a memorandum of understanding with the government of Kazakhstan to establish the first blockchain economic zone in Central Asia, aimed at promoting the development of tokenization in the capital market, cultivating Web3 talent, and attracting blockchain companies to settle.

Gate news, on Monday (June 23) during the Asian early session, the price of Solana (SOL) rose alongside the recovery of the crypto assets market, after having fallen to a two-month low of $126 the previous day. This price pullback was triggered by panic sentiment caused by the U.S. attack on Iran over the weekend, which sparked risk aversion in the crypto assets market. From a technical perspective, the SOL price looks bearish; if the daily closing price falls below $130, it will confirm a pullback to the $118 level.

According to Gate News bot and reported by CryptoSlate, Ethereum's Layer-2 is built for scalability. Solana's network expansion is built for specialization. While Ethereum Rollups increase throughput, they all fundamentally operate under the same strategy—universal block space, minimal differences, and fragmented liquidity across isolated chains. This architecture improves efficiency but does not enhance flexibility.

Wall Street firm Cantor has rated Solana Financial and its related companies for the first time, giving it a buy rating and indicating that Solana is technically superior to Ethereum, with expected developer growth continuing to lead. The target prices are $45 for DeFi Development, CAD 54 for Sol Strategies, and $16 for Upexi.

Gate News bot message, according to the official Gate announcement on June 16, 2025. Gate launches a new user reward program for SOL Yubi Bao. According to the announcement, users who are using Yubi Bao for the first time and purchase 3 or more SOL and hold them for 3 days can receive a reward of 100-500 AURASOL tokens. This event is limited to 2000 participants. AURASOL is a social concept token on the Solana blockchain, launched on May 30, 2024. The project is inspired by the popular "aura" concept on the TikTok platform, focusing on social influence and personal charm, achieving organic growth through community-driven initiatives.

Gate News bot news shows that on-chain data indicates that the BNB Chain currently accounts for 45% of the volume related to memes on all DEX (, up from 25% in April. Solana's share has dropped to 25%, while Ethereum follows closely with a 20% share. Solana's dominance has waned after months of explosive activity. Since April, its share has decreased by 15 percentage points, but there are still highlights in the ecosystem. For example, pump.fun is planning to raise $1 billion in funding. Ethereum maintains a stable 20% share, while Base occupies 5%. Other blockchains, such as Arbitrum, Avalanche, Celo, and Unichain, collectively account for 5%, indicating an increasing diversity within the meme ecosystem.

PANews June 16 news, Japanese listed company Remixpoint announced that it has added to its purchase of Bitcoin worth 200 million yen on June 13, totaling 13.2961 BTC, with an average purchase price of 15,042,000 yen/coin. The funds for this purchase partially come from the funds raised by exercising the 24th new share subscription rights on the afternoon of June 12. As of now, the company holds a total of 1,051.5620 BTC, with a book value of about 14.396 billion yen, a market capitalization of 16.032 billion yen based on the closing price on June 15, and a floating profit of about 1.636 billion yen. In addition, the company also holds crypto assets such as ETH, SOL, XRP, and DOGE, with a total market capitalization of about 17.113 billion yen and an overall floating profit of about 1.763 billion yen. Previously, it was reported that the Japanese listed company Remixpoint increased its holdings by 55.68 Bitcoins.

Gate News bot message, the Hong Kong listed company MemeStrategy purchased a total of 2,440 SOL Tokens through the public market cryptocurrency trading platform on June 16, with a total investment amount of 2.9075 million HKD, and this investment was completed using the company's internal funds. Prior to this, 9GAG co-founder completed the acquisition of the Hong Kong-listed company Hoi King Technology Holdings and plans to rename the company to MemeStrategy, while also laying out a Bitcoin asset allocation, indicating that the company is positioning itself in the fields of encryption and Web3. Source: Wu Says

According to ChainCatcher news and monitoring by Lookonchain, Abraxas Capital is shorting BTC, ETH, and SOL with 10x leverage on two wallets on Hyperliquid, serving as a hedge for their spot holdings, with a cumulative unrealized gains exceeding $112 million.

According to BlockBeats news on June 23, Lookonchain monitored that Abraxas Capital shorted BTC, ETH, and SOL with 10x leverage on Hyperliquid through two wallets, hedging against their spot holdings, with unrealized gains currently exceeding $112 million.

Odaily News According to Onchain Lens monitoring, a Whale holds 19 long positions on HyperLiquid, involving assets such as SOL, ETH, HYPE, XRP, and ADA. After the market fall, the Whale faces a floating loss of up to 22 million dollars.

According to ChainCatcher news, monitored by @OnchainLens, a certain Whale sold 7.44 million FARTCOIN for 46,128.4 SOL (approximately 6.47 million USD) and sent it to Stake.com. The Wallet still holds 12,873 FARTCOIN (approximately 115,000 USD).

Odaily News The state of Wyoming in the United States, which plans to issue a state-level stablecoin, has officially entered the bidding stage. It is reported that the state has launched a website to publicize all review processes in order to ultimately select which public chain the stablecoin will be issued on. Wyoming has listed 9 dimensions, including user numbers, stability, performance, and other indicators for scoring and evaluation. A total of 17 public chains have made the cut and were reviewed in two batches. Currently, Solana and Aptos are tied for first place with 32 points, while Sei has 30 points.

Golden Finance reports that the market shows SOL has fallen below 140 USD, currently reported at 139.62 USD, with a 24-hour decline of 2.66%. The market fluctuation is significant, please ensure proper risk control.

Golden Finance reports that Circle has announced the launch of its cross-chain transfer protocol CCTP V2 on the Solana Blockchain, supporting developers and users for quick transfers, as well as the integration of smart contracts after transfers. As of now, other blockchains supporting CCTP V2 also include Arbitrum, AVAX, Base, Ethereum, Linea, Optimism, Sonic Labs, and World.

According to Gate News bot, as reported by Cryptodnes, crypto assets chart analyst "Bluntz" believes that the Solana memecoin SPX6900 (SPX) is gearing up for a significant breakout after completing what he calls a classic ABC pullback.

The DePIN project SparkChain AI has completed a $10.8 million financing round to expand its decentralized AI Computing Power network and accelerate its launch on Solana. This infrastructure will convert idle bandwidth and computing resources into AI Computing Power, reconstructing and monetizing global unstructured data.

According to Gate News bot, Coindoo reported that Anthony Scaramucci, founder of SkyBridge Capital, made a bold prediction during his speech at the DigiAssets 2025 conference: Solana (SOL) will surpass Ethereum (ETH) in the realm of digital assets.

According to a report by Jinse Finance, on-chain analysis platform Lookonchain has monitored that a trader with a 100% win rate currently holds long positions in BTC, ETH, SOL, and LINK. In the past month, he has made 29 long trades, all of which were profitable, with a total profit exceeding $2.3 million. However, his current positions have now shrunk by more than $2 million.

BlockBeats news, on June 20, according to GMGN data, the market capitalization of the Solana on-chain meme coin GOR exceeded 39 million USD, currently reported at 35.7 million USD, with a 24-hour volume of 130 million USD, rising over 345% in 24 hours. BlockBeats reminds users that meme coins often have no real use cases, exhibit significant price fluctuations, and investment should be approached with caution.

The founder of SkyBridge Capital, Scaramucci, stated at the DigiAssets 2025 conference that Solana will surpass Ethereum, revealing that his company's assets include Bitcoin and Solana, with approximately 40% of client funds invested in digital assets, but he did not specify a timeline.

BlockBeats News, on June 19, according to official information, Gate will open a limited-time event for the Summer of Money Management from 18:00 on June 18 to 18:00 on July 2 (UTC+8). This event covers three special areas: newcomer benefits, on-chain earning and surplus coins, and you can enjoy multiple rewards such as limited-time high annualization, AURASOL airdrop boost, and a $100,000 prize pool when you sign up and participate in any event. Among them, the annualized income of BTC mining reaches 3%, the annualized income of SOL mining reaches 15%, and the annualized income of USDT fixed products is as high as 12%.

Gate News bot news, ionet has launched full network earnings (TNE), allowing all GPU network payments and earnings to circulate on-chain through Solana. Since its launch, it has recorded over 14.5 million dollars in revenue. Now, each transaction is hosted by smart contracts, and IO is repurchased daily from the earnings.

Gate News bot news, Canadian exchange-listed company Sol Strategies has submitted an application to the SEC to trade under the stock code "STKE" on Nasdaq. The company has been accumulating SOL as a financial asset and operating a Solana validator, currently holding over 420,000.

PANews June 19 news, Moonshot announced the launch of Gorbagana ($GOR) on the Solana blockchain, with a current market capitalization of approximately $3.7 million and a 24-hour volume of $21.6 million.

According to CoinTelegraph, Solana's native cryptocurrency, SOL, encountered strong resistance at the $158 level on Monday. Subsequently, it fell to $143 by Wednesday, a cumulative decline of 14% in seven days. Traders are now concerned that the likelihood of a return to the $200 level has diminished due to the recent price weakness and the surge in demand for leveraged SOL positions.

PANews June 18 news, according to Lookonchain monitoring, after USELESS market capitalization exceeded 100 million USD, smart trader Cooker.hl sold 5 million USELESS for 3,278 SOL (worth 481,000 USD). He still holds 9.26 million USELESS (worth 949,000 USD), with a total profit of 1.29 million USD.

Gate News bot news, according to the official announcement from Gate on June 18, 2025. Gate launched the "Summer Finance" event, which runs from June 18th, 18:00 to July 2nd, 18:00 (UTC+8). This event covers three major areas: newcomer benefits, on-chain earning, and excess coin treasure. In the on-chain earning section, BTC mining offers a 3% annualized return, while SOL mining offers a limited-time 15% annualized return. In the remaining coin treasure section, the annualized return for GT flexible savings reaches 15%, and the USDT fixed-term financial management comes with SPK rewards that can reach 12% annualized. CRT and ZORO 7-day fixed-term financial products offer a 100% annualized return.

The Solana Policy Research Institute, along with Phantom Wallet, Orca Exchange, and Superstate Protocol, has submitted a compliance tokenization securities framework to the SEC, proposing the implementation of on-chain trading for traditional assets and seeking regulatory exemptions for non-custodial protocols, aimed at promoting the application of blockchain technology in the capital market.

According to the Gate News bot, The Block reports that the Spot Solana exchange-traded fund proposed by VanEck has been listed on the page maintained by the Depository Trust & Clearing Corporation (DTCC) in the United States, indicating that the SEC may soon approve the fund.