NFTs Are Down but Not Out: $3.62B Already Sold in 2025

While non-fungible token (NFT) sales may not carry the same heat they once did, the NFT arena has still tallied $71.55 billion in lifetime sales since 2017. Metrics also reveal that 64.78% of those sales came from Ethereum-based NFTs. Digital Collectibles Still Command Sales Volume, but the Sector Is Morphing During the 2017 bull run, … Read more

Bit Mining Proposes Rebrand to SOLAI in Strategic Solana Pivot

Bit Mining Limited announced plans to rebrand as SOLAI Limited, reflecting a strategic shift from cryptocurrency mining toward building onchain intelligent financial infrastructure within the Solana landscape. Bit Mining Unveils Plan to Rebrand as SOLAI The company, currently traded on the NYSE as BTCM, will seek shareholder approval to change its name and adopt the … Read more

Solana App Revenue Plunges 44% in Q2 Despite Efficiency Gains

In the second quarter of 2025, Solana’s ecosystem experienced mixed performance across key metrics. Total application revenue dropped 44.2% to $576.4 million, while the app revenue capture ratio increased from 126.5% to 211.6%. Application Revenue Plunge According to the latest Messari report, the total application revenue generated on Solana plunged 44.2% quarter-over-quarter (QoQ), from $1.0 … Read more

DeFi Development Corp. Funds SOL Strategy With Convertible Notes

DeFi Development Corp. has priced an upsized $112.5 million private offering of convertible notes to bolster its corporate treasury, including further acquisition of solana ( SOL). Company Funds SOL Strategy With Convertible Notes Worth $112.5 Million The Nasdaq-listed company (DFDV) announced the 5.5% convertible senior notes due 2030, marketed to qualified institutional buyers under Rule … Read more

USDC Adoption on Solana Enters Hyperdrive With Coinbase and Squads Alliance

Coinbase is driving a major leap in USDC adoption on Solana, locking it as the default stablecoin across Squads’ core products, powering next-gen decentralized finance. Coinbase Just Hit the Gas on USDC Adoption Across Solana’s Core Layers Crypto exchange Coinbase (Nasdaq: COIN) and onchain infrastructure provider Squads announced on Aug. 13 a strategic agreement aimed … Read more

Solana Leads Altcoin Rally as Crypto Market Cap Reaches Record High

On Aug. 13, the total market capitalization of the cryptocurrency ecosystem approached $4.2 trillion, reaching $4.189 trillion, a new all-time high. Solana Leads Top Altcoins as ETH Nears Lifetime High On Wednesday, the cryptocurrency ecosystem’s total market capitalization neared the $4.2 trillion mark after several high-cap altcoins recorded significant 24-hour gains. As shown by Coingecko … Read more

Solana’s Seeker Phone Introduces Mobile Staking Powered by SOL Strategies

Solana Mobile’s Seeker phone has begun shipping, featuring SOL Strategies as the exclusive validator operator, enabling in-phone staking for users. Solana’s Seeker Phone Embeds SOL Strategies’ Compliant Validator for Mobile Staking The Solana Mobile Seeker phone, a crypto-native smartphone designed for active blockchain users, officially launched on August 4, 2025, with over 150,000 pre-orders from … Read more

Bit Mining Executes Solana Plan: Buys Over 27,000 SOL, Runs Validator

Bit Mining has purchased 27,191 solana ( SOL) tokens and launched its first Solana network validator, marking a significant step in its strategic shift towards the ecosystem. New Validator Marks Bit Mining’s Deeper Solana Push The company told Bitcoin.com News that it spent approximately $4.89 million to acquire the solana ( SOL), establishing what it … Read more

Solana Mobile Launches Seeker Smartphone, Fulfilling 150,000 Pre-Orders

On August 4, 2025, Solana Mobile began shipping its highly anticipated Seeker smartphone, fulfilling over 150,000 pre-orders across more than 50 countries. Priced between $450 and $500, the Seeker is designed to enhance the mobile experience for crypto users, featuring a built-in crypto wallet, a decentralized application (dApp) store, and advanced security through its TEEPIN … Read more