NiftyNoon: Can Solana ETFs Bring Back Solana Summer? 🟣🪙📈
Volatility Shares LLC is said to be launching the market’s first Solana futures ETF today in a move that hopefully signals a widespread push toward institutional infrastructure for altcoins (March 20)
Nifty Thought:
Volatility Shares LLC is said to be launching the market’s first Solana futures ETF today in a move that hopefully signals a widespread push toward institutional infrastructure for crypto altcoins. The ETFs being launched will be a futures ETF ($SOLZ) and a 2x leveraged exposure ETF (SOLT) rather than a spot ETF; however, all indications point to Solana spot ETFs launching in the relatively near future. A strong initial performance of this ETF may signal to other ETF issuers, especially large issuers like BlackRock, that there is sustained retail demand for crypto for tokens besides Bitcoin and Ethereum.
Highlighted News:
🟣 First solana futures ETFs launching:
https://x.com/nategeraci/status/1902494442231095404?s=46
🧙♂️ Taproot Wizards Whitelist is Live:
https://x.com/TaprootWizards/status/1902494571520487729
🇺🇸 Trump Media Executives Launch New SPAC Seeking $179 Million—And Target Crypto, Defense Sectors:
https://x.com/forbes/status/1902466373655417061?s=46
👨⚖️ The SEC will drop its case against Ripple:
https://x.com/bgarlinghouse/status/1902345706636992720?s=46
Project and Community News:
First Solana ETFs to launch in the US tomorrow: https://x.com/watcherguru/status/1902398755615179244?s=46
The Fed holds rates steady: https://x.com/nicktimiraos/status/1902419834878439919?s=46
Summary of FED Decision: https://x.com/kobeissiletter/status/1902420586388709636?s=46
ETH is back above $2,000, and whales are returning to $ETH: https://x.com/lookonchain/status/1902564359030895071?s=46
Arizona Bitcoin and crypto strategic reserve bill has passed the Commerce Committee: https://x.com/bitcoinmagazine/status/1902278513228485109?s=46
North Carolina Senators introduce bill to invest up to 10% of public funds into Bitcoin: https://x.com/watcherguru/status/1902344373141909586?s=46
@ki_young_ju claims Bitcoin bull cycle is over, expecting 6–12 months of bearish or sideways price action: https://x.com/ki_young_ju/status/1901776137715671191?s=46
@udiWertheimer claims he has “not sold a single Quantum Cat into the massive, unprecedented liquidity the collection enjoyed over the last week”: https://x.com/udiwertheimer/status/1902543725126930506?s=46
@HyperliquidX Introducing Staking Tiers: https://x.com/hyperliquidx/status/1902304642392072660?s=46
@CoinbasePltfrm announce first Ethereum Validator Performance Report, marking a new level of transparency in our ETH staking operations: https://x.com/coinbasepltfrm/status/1902446615606260176?s=46
Introducing Onchain Labs, in partnership with @arbitrum: https://x.com/offchainlabs/status/1901669352941773271?s=46
Sonic Pay is here: https://x.com/soniclabs/status/1902364163516842210?s=46
The ai16z crew just dropped their @elizaOS rebrand: https://x.com/blocmatesdotcom/status/1902297846814273895?s=46
iAgent TGE Post-Mortem: https://x.com/iAgentProtocol/status/1902298534818541940
Kraken is nearing a $1.5 billion acquisition of U.S. retail futures trading platform NinjaTrader: https://x.com/wublockchain/status/1902503830207774881?s=46
@aeyakovenko shares thoughts on Solana ad: https://x.com/aeyakovenko/status/1902388813202325635?s=46
@finalbosuX Pre-Order Round begins Monday, 24th of March: https://x.com/finalbosux/status/1902389831671439404?s=46
Announcing @privy_io’s latest round of funding led by Ribbit Capital: https://x.com/privy_io/status/1902355815484530705?s=46
Binance launches the first-ever Vote to List round, featuring BNB Smart Chain-Exclusive tokens: https://x.com/binance/status/1902401135547154527?s=46
The Blast App Store is now LIVE: https://x.com/blast/status/1902475705838969140?s=46
This whale, who trades on Hyperliquid with 50x leverage, is currently long $MELANIA, with a position of 4.61M $MELANIA($3.46M): https://x.com/lookonchain/status/1902310698589241685?s=46
There is a debate about whether angel investors who invested in tokens pre-TGE are entitled to refunds of their investments: https://x.com/waleswoosh/status/1902359230792732726?s=46
Quick Stats:
👾 Blur ETH Daily Volume: 651 ETH (▲ 16.71%)
🌊 OpenSea ETH Daily Volume: 895 ETH (▼ 23.34%)
🟠 BTC : $85,539.41 (▲ 1.96%)
🔷 ETH: $1,996.10 (▼ 0.84%)
🟣 Solana: $130.74 (▲ 1.38%)
🟪 Polygon: $0.21 (▼ 1.37%)
Top NFT Sales:
CryptoPunks #6801: 48.00 ETH
Fidenza by Tyler Hobbs #78000927: 31.00 ETH
YOU THE REAL MVP #143: 14.50 ETH
NFT Daily Winners:
🏴☠ Captainz: 0.92 ETH (▲ 13.46%)
⛩ Azuki: 2.48 ETH (▲ 3.61%)
🐧 Pudgy Penguins: 9.58 ETH (▲ 3.58%)
👩🏻 Milady Maker: 3.42 ETH (▲ 2.39%)
🐵 NodeMonkes: 0.04 BTC (▲ 1.65%)
🦧 Bored Ape Yacht Club: 12.58 ETH (▲ 0.24%)
🚬 CryptoPunks: 38.40 ETH (► 0.00%)
🏳🌈 Chromie Squiggles: 3.98 ETH (► 0.00%)
NFT Daily Losers:
👾 Tensorians: 3.45 SOL (▼ 0.43%)
🐱 Quantum Cats: 0.12 BTC (▼ 2.48%)
😡 Mad Lads: 47.98 SOL (▼ 3.40%)
💼 Ordinal Maxi Biz: 0.03 BTC (▼ 4.92%)
🧦 Bitcoin Puppets: 0.04 BTC (▼ 5.48%)
🍭 Mocaverse: 2.10 ETH (▼ 12.02%)
Notes:
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