1d ago
Citi's Solana tokenization test; 3x Ethereum traffic as SOL drops 11%
Citi completed an internal tokenization proof-of-concept on Solana with PwC, according to X. Token Terminal reports the network handles about 3x more daily transactions than Ethereum, while DeFiLlama shows $6.36 billion TVL and roughly $3.72 billion DEX volume. Despite the activity, SoSoValue noted $8.89 million weekly SOL ETF inflows alongside a 11% price decline and total assets near $673.99 million.
SOL
SOL+8.38%
1d ago
1d ago
Alameda Distributes $15.6M in Solana as Technical Pattern Suggests $50–$60 Risk Zone
Alameda Research's estate has distributed $15.6 million in SOL to creditors as part of its ongoing 21-month repayment process while still holding nearly $314.95 million on-chain. Solana trades around $77.41, down about 70% from its January peak, with chart analysts highlighting a confirmed head and shoulders breakdown that could open the way toward the $50–$60 region if support near $78 fails.
SOL
SOL+8.38%
1d ago
1d ago
Decibel, backed by Aptos Labs, to debut USDCBL before its February mainnet
The Decibel Foundation said on Thursday it will introduce USDCBL, a protocol-native, dollar-denominated token issued via Bridge, ahead of the project's February mainnet for its Aptos-based perpetuals exchange. The stablecoin will act as collateral, with reserves in cash and short-term U.S. Treasurys whose yield remains within the protocol; the team also reported 650,000+ testnet accounts and over 1 million daily trades, figures not independently verified.
1d ago
1d ago
Hedera CEO’s "Bank Wants Outcomes" Thesis Fuels HBAR RWA and Privacy Narrative
A crypto analyst has highlighted Hedera’s real-world asset thesis built around CEO Eric Piscini’s view that banks seek outcomes rather than blockchains and require privacy for tokenization. Referencing Piscini’s Forbes article and a December 2024 talk by co-founder Leemon Baird, the analysis points to Hedera’s hybrid model of private networks settling on a public ledger and a potential RWA market of up to $16 trillion by 2030. The commentator also examines HBAR’s price structure, discussing an inverse head and shoulders pattern and accumulation zones near $0.075 and $0.05 over a multi-month to multi-year horizon.
HBAR
HBAR+9.68%
1d ago