Latest news with #Avalanche
Finextra
5 hours ago
- Business
- Finextra
Real-time interest-bearing settlement network Lynq launches
Lynq, the real-time, interest-bearing settlement network for digital assets, today announced that it has officially launched. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. This major milestone follows more than 18 months of market research, input and collaboration with leading digital asset firms—whose continued support reflects the growing institutional demand. The first transaction included the recording of clients' assets on the Avalanche blockchain, followed by a successful account-to-account settlement on the Lynq network. 'Almost two years worth of work culminates in today's launch of the next generation of institutional settlement infrastructure. Our partnership with Avalanche reflects a shared vision: to bring institutional finance into the future with reliable, high-speed infrastructure designed for scale and compliance,' said Jerald David, CEO of Lynq. 'We are proud to bring Lynq to market and are grateful to our partners and early adopters whose collaboration and counsel helped shape a solution built by the industry, for the industry.' Clients began onboarding at tZERO Securities, Lynq's Broker-Dealer, two months ago, with 13 digital asset companies currently onboarded and more than 50 additional clients in various stages of the process. Since inception, Lynq set out to solve fragmented settlement in the digital asset market and create a network of trusted counterparties on its platform. This consortium-driven approach enabled the development of a platform that delivers liquidity, scalability, and SOC II technology, while maximizing capital efficiency. 'This launch demonstrates how public blockchain infrastructure can validate real-time, institutional-grade settlement without compromising speed, trust, or transparency,' said Morgan Krupetsky, Head of Institutions & Capital Markets at Ava Labs. 'Lynq is the result of a cross-industry effort to solve the longstanding limitations of post-trade processes, and we're proud to see Avalanche serving as the foundational technology powering this new industry standard.' Developed by Arca Labs, Tassat, and tZERO, Lynq leverages tZERO's Broker-Dealer and Special Purpose Broker-Dealer licenses, Arca's expertise in asset management, and Tassat's proven, real-time blockchain technology. Lynq's service partners include Avalanche, which provides the open-source layer one blockchain network, and U.S. Bank, the network's qualified cash custodian. Together, this innovative architecture provides institutional clients with bankruptcy remote segregated account security and transparent proof of reserves on a familiar end-to-end platform.
Time of India
6 hours ago
- Business
- Time of India
Solana set to soar? Analysts eye $300+ rally as ETF buzz and inflows hit fever pitch
What's driving Solana's recent rally? ETF buzz is hitting a fever pitch. Odds for a U.S. spot Solana ETF approval are now above 99%, according to prediction markets. New staking-backed Solana ETF products, like those by REX Shares, have already seen tens of millions in inflows. Institutional interest is building fast, especially as analysts expect official ETF approvals by late 2025. Why are investors watching the Solana ETF approval so closely? Live Events How has Solana performed historically? Monthly low : ~$126 : ~$126 Monthly high : ~$178 : ~$178 Current average : ~$152 : ~$152 Year-to-date high: ~$268 in January 2025 What are the charts saying about Solana? A bull flag pattern has emerged, often a precursor to strong upward moves. has emerged, often a precursor to strong upward moves. SOL just broke past the $170 resistance zone , which includes both the 50-day and 200-day moving averages. , which includes both the 50-day and 200-day moving averages. Next key resistance levels: $200, then $265, and potentially $300 if bullish volume keeps climbing. Is Solana price gearing up for a major rally? What are analysts predicting for Solana short-term? CoinCodex forecasts a move to $173 by early August, a modest gain—but this could be conservative. forecasts a move to by early August, a modest gain—but this could be conservative. Other analysts, including those at Mitrade and 21Shares , are eyeing a near-term surge toward $200–$300 , especially if ETF-related momentum continues. and , are eyeing a near-term surge toward , especially if ETF-related momentum continues. Some bullish forecasts even hint at $2,000 over the long term, though that would likely require several major catalysts beyond ETFs. Could Solana really hit $300 or more in 2025? ETF approvals by the SEC could be a game-changer for price discovery. by the SEC could be a game-changer for price discovery. Solana's Firedancer upgrade is expected to massively scale network performance by year-end. is expected to massively scale network performance by year-end. Solana's phone and mobile stack are helping expand use cases and developer interest. What do long-term predictions look like for SOL? Base Case : Solana matures into a major DeFi and Web3 hub, sustaining prices between $300–$500 . : Solana matures into a major DeFi and Web3 hub, sustaining prices between . Bull Case : SOL adoption explodes with institutional backing, leading to prices above $1,000 . : SOL adoption explodes with institutional backing, leading to prices . Bear Case: Network issues or stronger Layer-1 competition (like Ethereum or Avalanche) could limit growth and keep SOL under $200. What's driving institutional interest in Solana? How strong is Solana's ecosystem performance? Are there any risks holding Solana back? Network outages have haunted Solana in the past, raising reliability questions. have haunted Solana in the past, raising reliability questions. If support at $145 fails, analysts warn of a drop to $120 or lower. fails, analysts warn of a drop to or lower. Macro trends, like interest rates or global regulations, could cool down ETF hype quickly. What's next for Solana (SOL) price and adoption? FAQs: (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Solana (SOL) is making headlines once again. With the price consolidating between $160 and $170, the buzz around a potential breakout is growing louder. At the same time, institutional interest is picking up serious momentum—driven in part by the surging odds of a spot Solana ETF approval, which now stand at a staggering 99% on some prediction markets. From major asset managers racing to file applications with the SEC to strong on-chain growth and fresh buying from big-name firms, Solana's momentum seems to be building from multiple fronts. Let's break it all of today, Solana is trading around, marking a strongand nearly. What's behind the sudden momentum?All signs are pointing toward a growing appetite for SOL exposure from both retail and Wall biggest headline lately? The REX-Osprey spot Solana ETF has already pulled in $73 million in inflows since its launch. That's not a small number. It shows growing confidence among institutional investors in Solana's long-term potential. What's more, prediction markets now place the odds of SEC approval for a Solana ETF at 99% before the end of asset managers like VanEck, Grayscale, Bitwise, 21Shares, Galaxy Digital, and Invesco are all in the game, filing paperwork and lining up for approval. The SEC has reportedly urged issuers to quickly resubmit documents, adding to the speculation that a green light may come sooner than at Bloomberg are already forecasting that Solana may soon join Bitcoin and Ethereum as one of the only cryptocurrencies with a U.S.-based spot ETF, and not just that—a staking-based ETF may also be on the horizon. That would be a first in the U.S., opening up a whole new category of crypto investment at the past month (June 17 – July 17, 2025), SOL has been climbing steadily:Despite today's strength, Solana is still down roughly, which gives plenty of room for potential upside if momentum Solana is flashing major bullish signals:Analysts suggest that if SOL holds above, a rally to $300 could unfold in a matter of a technical standpoint, Solana's chart looks promising. Analysts are pointing to a classic cup-and-handle pattern—a bullish indicator formed over the past two years. After the crash that followed FTX's collapse in 2022, Solana rebounded strongly in 2023 and even reached $294 in January level triggered some short-term selling, forming the "handle" part of the pattern. But now, Solana appears to be testing the resistance of a falling channel, and if it breaks out, the next targets could be have marked out the 161.8% Fibonacci extension, projecting a long-term price target of $2,700. But to get there, Solana must first retake its previous high of $294, followed by major resistance at $787 and $1,314. Still, with rising spot and derivatives volume, increasing open interest, and ETF news swirling, many believe a rally could be around the what experts are saying about where SOL could head next:Yes—many believe $300 is not only possible, but probable. Here's what they're watching:Combine these with rising trading volume and macro interest in Layer-1 platforms, and it's no wonder analysts are further ahead into 2026–2030, here's what experts see:Still, most forecasts remain confident that Solana will be among the top performers of the next crypto buyers aren't just talking—they're buying. DeFi Development Corp, for example, recently added over 153,000 SOL tokens to its portfolio. That's a major bet, and it places the firm among the largest holders of the same time, Click Holdings and BIT Mining, both Nasdaq-listed companies, have publicly announced plans to add Solana to their corporate treasuries, showing how crypto is increasingly becoming part of mainstream appeal also lies in its strong ecosystem growth. It has now crossed $4 billion in total deposits, with daily DEX volumes reaching $3.15 billion, ranking it second among all blockchains. That level of on-chain activity suggests deep, consistent usage—not just more than just price action happening here. Solana's Q2 on-chain revenue hit $570 million, which makes up about 46% of total network revenue across all chains. That's a massive share, highlighting how active and valuable the Solana ecosystem has platform has also launched its Realms v2 upgrade, which enhances DAO governance by making voting more transparent and improving treasury management tools—crucial for long-term even inked a Memorandum of Understanding with Kazakhstan's government, aimed at promoting blockchain innovation in the region. These moves are helping Solana gain international recognition as a serious blockchain infrastructure course—no rally comes without risks. Here are the main ones:Still, bulls believe those concerns are priced in—and that Solana has matured significantly since its earlier growing its market cap now above $89 billion—surpassing even Ferrari—Solana has clearly gained massive investor attention. The cryptocurrency is no longer just a speculative asset; it's becoming a part of institutional portfolios, government partnerships, and advanced DeFi it's the imminent ETF approval, technical breakout potential, or surging ecosystem growth, Solana seems well-positioned for the next big move. The only question left: Will it break through the $294 barrier soon, or will investors need to wait a bit longer for liftoff?One thing's certain—all eyes are on Solana, and it's not just the crypto crowd watching this time. Solana ETF approval odds have reached 99%, with several firms awaiting SEC analysts predict SOL could hit $300–$331 if it breaks current resistance levels.
Business Insider
a day ago
- Business
- Business Insider
Token Relations Launches Avalanche Dashboards, Delivering Deep Onchain Insights Across the Ecosystem
Token Relations, a leading crypto-native media and ecosystem analytics company, today announced the launch of comprehensive Avalanche-focused dashboards. Built in collaboration with Ava Labs, the dashboards offer real-time metrics across Avalanche's C-Chain and L1 networks to enhance transparency, accessibility, and understanding of onchain activity. The dashboards provide key insights into total value locked (TVL), token prices, staking activity, transaction volume, decentralized exchange (DEX) volume, active wallet addresses, and more, covering over $1.6 billion in TVL and over 3.2 billion transactions (source) processed on Avalanche to date. In addition to these foundational metrics, the dashboards also showcase analytics tailored to the Avalanche ecosystem, such as L1-specific activity, C-Chain usage trends, and Avalanche-native asset movements. By consolidating a wide array of metrics into a user-friendly interface, the new platform empowers developers, investors, analysts and the broader Avalanche community with the data they need to make informed decisions. 'Avalanche is one of the fastest growing ecosystems across the Web3 and tokenization space, and it deserves data infrastructure that's as fast and scalable as the network itself,' said Jacquelyn Melinek, CEO and Founder of Token Relations. 'These dashboards are a step toward democratizing access to meaningful onchain data for everyone from builders to curious newcomers.' The launch underscores the growing need for dedicated analytics tools as the Web3 industry continues to expand across real-world assets, DeFi, gaming, and other verticals. Until now, onchain data has been siloed across various sources, making it difficult to access a comprehensive view of the network. With the launch of Token Relations' Dashboards, it aims to set a new standard for how blockchain data is visualized and interpreted, bringing the most important metrics together in one accessible platform. 'Having access to reliable, real-time data is essential for anyone building or participating in crypto and the Avalanche ecosystem,' said Matthew Schmenk, Senior Ecosystem Growth Associate at Ava Labs. 'Token Relations' new dashboard offering provides a clear, comprehensive view of the activity happening across Avalanche's C-Chain and L1s, helping to advance transparency, drive smarter decision-making, and support the ecosystem's continued growth.' The dashboards are now live and publicly accessible via Token Relations plans to expand the product in the coming months with deeper integrations, enhanced visualizations, and additional blockchain ecosystems. About Token Relations Token Relations helps blockchains and protocols turn community attention into action. It works with over a dozen leading chains from Avalanche to Solana to streamline communication, deepen engagement, and create more informed, active ecosystems – all in one place. Through newsletters, ecosystem calls, research reports and now dashboards, it's making web3 smarter. Trusted by more than 160K+ subscribers, including VCs, institutions, developers, token holders, and the next generation of builders, Token Relations is building the communication layer for the onchain world. Learn more at About Avalanche Avalanche is an ultra-fast, low-latency blockchain platform designed for builders who need high performance at scale. The network's architecture allows for the creation of sovereign, efficient and fully interoperable public and private layer 1 (L1) blockchains which leverage the Avalanche Consensus Mechanism to achieve high throughput and near-instant transaction finality. The ease and speed of launching an L1, and the breadth of architectural customization choices, make Avalanche the perfect environment for a composable multi-chain future. Supported by a global community of developers and validators, Avalanche offers a fast, low-cost environment for building decentralized applications (dApps). With its combination of speed, flexibility, and scalability, Avalanche is the platform of choice for innovators pushing the boundaries of blockchain technology.
Yahoo
2 days ago
- Business
- Yahoo
Filecoin Plunges 6% as Selling Pressure Increases, Crypto Market Retracts
Filecoin (FIL) crashed 5.6% in the 24-hour trading session from July 14 10:00 UTC to July 15 09:00 UTC, sliding from $2.66 to $2.51, according to CoinDesk Research's technical analysis model. The model shows that the token posted a volatile 7.52% intraday movement. The slump in token of the decentralized storage network came as the wider crypto market also fell, with the broader market gauge, the CoinDesk 20, recently down 3.8%. Filecoin recently announced a partnership with blockchain Avalanche, aimed at optimizing smart contract handling and data storage. In recent trading, FIL was 5.6% lower over 24 hours, trading around $2.51. Technical Analysis: Price tumbled from $2.66 to $2.51, posting 5.6% decline Resistance solidifies at $2.66 level with support forming around $2.50. Heaviest selling pressure hits July 14, 14:00-03:00 UTC window as price cascades from $2.65 to $2.46. Volume patterns show elevated activity during decline phases, particularly July 15, between 02:00-03:00 UTC, with volumes topping 6.3 million. Two-phase movement pattern features initial consolidation followed by upward momentum starting 09:01 UTC. Institutional interest emerges at lower levels with volumes exceeding 71,000 at 09:19 UTC. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
Washington Post
6 days ago
- Sport
- Washington Post
Josh Manson signs 2-year contract with Colorado Avalanche after injury-plagued season
DENVER — Josh Manson has signed a two-year contract with the Colorado Avalanche after missing nearly half the regular season with injuries. The 33-year-old defenseman was limited to 48 regular-season games in his fourth year with the Avalanche. He had a goal and 14 assists. He returned for the playoffs and had two goals and an assist in seven games.
