Suilend Plots New Crypto-Finance Services on Sui After $6 Million Raise
The Sui blockchain hasn’t yet catapulted into bull-market talk. But its DeFi ecosystem is trending up, creating an opening for one of its biggest protocols.
The Sui blockchain hasn’t yet catapulted into bull-market talk. But its DeFi ecosystem is trending up, creating an opening for one of its biggest protocols.
Ethereum’s Beam Chain “is all about improving the long-term health and security of the consensus layer,” says Drake. “Solana has no consideration for health.”
Currently a closed-end fund opened by Grayscale in 2021, the Solana Trust has $134 million in assets under management.
Sky’s Solana rollout has been a smashing success. Will it last?
The bullish technical setup is backed by record trading volumes on Solana-based decentralized exchanges (DEXs).
The vault has been filled in excess of an initial $100,000 target as of Asian morning hours, with $240,000 worth of stablecoins deposited for CAT on Solana, veri shows.
Trading tools on Solana are immensely profitable. In fact, they tend to rival or exceed DeFi blue chips like Maker, Aave or Lido.
FTX’s collapse blew a bitcoin-sized hole in Solana DeFi. Can Coinbase’s cbBTC finally fill it?
Eclipse raised more than $50 million from investors but has been marred by controversy over the past year.
Solana has a reputation as a memecoin hub, but financial institutions are looking to build on the network.