Poland’s Warsaw Stock Exchange has approved four exchange-traded products tied to BTC, ETH, SOL and XRP, moving ahead despite stalled national crypto legislation. The listings could expand regulated retail access and attract institutional flows in Eastern Europe.
SoFi now allows true on-chain Solana (SOL) deposits for its 13.7 million customers under a federal bank charter, supporting direct wallet transfers rather than brokerage-style exposure. The move marks a first for a U.S. national bank and integrates native crypto rails under full federal oversight.
Magic Eden announced it will end support for Ethereum-compatible and Bitcoin-based assets, winding down its multi-chain approach to focus solely on Solana. The move concentrates liquidity and product development around SOL but risks alienating ETH and BTC users.
Step Finance and SolanaFloor announced they are ceasing operations effective immediately following a late‑January treasury hack that impacted Step Finance. The closures represent a significant setback for early projects in the Solana ecosystem.
Lobstar, a Solana-based AI agent, unintentionally transferred $441,000 in its native meme tokens after a social media user asked for a 4 SOL donation; the recipient sold immediately and triggered a sharp price crash. The token later recovered and the episode increased visibility for the project.
Standard Chartered sharply cut its price forecasts, warning bitcoin could slide toward $50,000 and ether to about $1,400 in the coming months before recovering. The bank said the revisions reflect mounting stress across digital assets even as it retains a constructive long-term view.
At Accelerate APAC, Solana emphasized tokenization, payments, ETFs, stablecoins and AI infrastructure, urging the ecosystem to move beyond memecoin mania toward building the internet’s capital markets.
Goldman Sachs disclosed $152 million in XRP holdings as part of a broader commitment of more than $250 million across XRP and Solana, signaling increased institutional crypto exposure.
SOL climbed roughly 15% after plunging nearly 30% to about $67 on Feb. 4, but on-chain metrics remain muted and cast doubt on the recovery's durability.
Solana fell about 15% on Friday to a two-year low after a major whale was fully liquidated on a long, realizing roughly $16 million in losses. The move puts the $70 area into focus as a crucial support level for bulls.