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Solana
Crypto Assets Under Management Jump to Nearly $32B in October: CCData
The total assets under management (AUM) for digital products traded on exchanges and over the counter jumped 6.74% to $31.7 billion in October, the first monthly increase since July, according to CCData. Products tied to Solana's SOL token experienced the steepest AUM growth, adding 74.1% to $140 million. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Solana's Long-Term Outlook Is 'Positive,' Fundamentals Not Yet Reflected: Nansen Analyst
Bitcoin (BTC) isn’t the only cryptocurrency on a tear recently. Solana (SOL) has also risen over 70% in the last 30 days. Nansen Research analyst Aurelie Berthere breaks down the latest report on the Solana ecosystem, as its Total Value Locked (TVL) has nearly doubled since the beginning of the year.

Sam Bankman-Fried Started Buying Solana's SOL at 20 Cents Using 'Alameda Profits,' He Says at His Trial
"I believed the funds came from Alameda’s operating profits" as well as third-party lenders, he testified Friday at his fraud and conspiracy trial.

Crypto Assets Under Management Jump to $31.7B; SOL-Based Products Rise 74%: CCData
Bitcoin-based products have increased their market share to 73.3% from 70.5% amid optimism over the possible approval of a spot-price exchange-traded fund.

FTX Cold Wallets Move $19M in Solana, Ether to Crypto Exchanges
The debtor group in control of FTX assets has conducted various on-chain transactions in the past few weeks.

Solana Rallies Over 20% in Last Week: What's Behind the Move?
Solana (SOL) has risen more than 20% in the past week, outperforming the rest of the crypto market and defying worries of a potential fire sale by bankrupt crypto exchange FTX. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Solana's Largest Defi Protocol Marinade Starts Blocking UK Users
Marinade and Orca Finance have both blocked U.K. users over "compliance concerns."

Solana Rallies 26% in a Week Despite FTX Sale Fears; What's Behind the Move?
Alameda FUD turned out to be less severe than anticipated, one analyst noted.

Stellar, Early Blockchain Built for Payments, Adds Smart Contracts to Take on Ethereum
The nine-year-old project, one of the earliest major blockchains, is getting a facelift to incorporate "smart contracts," which theoretically could attract new applications and users – and potentially more demand for the XLM token.

Lido Finance Sunsets Solana Staking Product After DAO Vote
The staking service for SOL tokens will be discontinued over the coming months, developers said.
