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Grayscale Eyes Solana Ecosystem: JUP, PYTH, and HNT in Focus


by Abdulkarim Abdulwahab
for CoinEdition

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Grayscale Eyes Solana Ecosystem JUP, PYTH, and HNT in Focus
  • Grayscale lists Jupiter, Pyth Network, and Helium as “under consideration.”
  • Jupiter leads in trading volume among Solana exchanges.
  • Helium expands its services with the introduction of 5G coverage.

Grayscale, a prominent cryptocurrency investment firm, is exploring potential investments in three coins from the Solana ecosystem: Jupiter (JUP), Pyth Network (PYTH), and Helium (HNT).

In a recent video on the Altcoin Buzz YouTube channel, analyst Maddie emphasized the significant market impact of this announcement, particularly among Solana enthusiasts. Grayscale’s endorsement is often viewed as a signal of legitimacy and potential for investment.

Incidentally, this is not Grayscale’s first time investing in altcoins. In August, the firm launched the Grayscale Sui Trust, which helped boost the SUI token by 300% shortly after.

Jupiter (JUP)

First on the list is Jupiter (JUP), a decentralized exchange aggregator that helps users find the best token prices across multiple platforms. DappRadar data shows that Jupiter generated over $3.38 million in fees and has $1.57 billion in total value locked (TVL) this month.

The project has a strong staking reward…

The post Grayscale Eyes Solana Ecosystem: JUP, PYTH, and HNT in Focus appeared first on Coin Edition.

Read the article at CoinEdition

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$ 0.00...361

$ 213.96

$ 131.31

-1.13%

$ 0.000113

$ 1.81

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In This News

Coins

$ 0.00...361

$ 213.96

$ 131.31

-1.13%

$ 0.000113

$ 1.81

+0.10%

Share:

Read More

JPMorgan Arranges $50M Tokenized Debt on Solana: Galaxy Digital Issues, USDC Settles

JPMorgan Arranges $50M Tokenized Debt on Solana: Galaxy Digital Issues, USDC Settles

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Keel Launches $500M ‘Tokenization Regatta’ to Bootstrap Solana’s Real-World Asset Market

Keel Launches $500M ‘Tokenization Regatta’ to Bootstrap Solana’s Real-World Asset Market

The race to tokenize global finance found a new engine in Abu Dhabi today. During the...

Grayscale Eyes Solana Ecosystem: JUP, PYTH, and HNT in Focus


by Abdulkarim Abdulwahab
for CoinEdition

Share:

Grayscale Eyes Solana Ecosystem JUP, PYTH, and HNT in Focus
  • Grayscale lists Jupiter, Pyth Network, and Helium as “under consideration.”
  • Jupiter leads in trading volume among Solana exchanges.
  • Helium expands its services with the introduction of 5G coverage.

Grayscale, a prominent cryptocurrency investment firm, is exploring potential investments in three coins from the Solana ecosystem: Jupiter (JUP), Pyth Network (PYTH), and Helium (HNT).

In a recent video on the Altcoin Buzz YouTube channel, analyst Maddie emphasized the significant market impact of this announcement, particularly among Solana enthusiasts. Grayscale’s endorsement is often viewed as a signal of legitimacy and potential for investment.

Incidentally, this is not Grayscale’s first time investing in altcoins. In August, the firm launched the Grayscale Sui Trust, which helped boost the SUI token by 300% shortly after.

Jupiter (JUP)

First on the list is Jupiter (JUP), a decentralized exchange aggregator that helps users find the best token prices across multiple platforms. DappRadar data shows that Jupiter generated over $3.38 million in fees and has $1.57 billion in total value locked (TVL) this month.

The project has a strong staking reward…

The post Grayscale Eyes Solana Ecosystem: JUP, PYTH, and HNT in Focus appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.00...361

$ 213.96

$ 131.31

-1.13%

$ 0.000113

$ 1.81

+0.10%

Share:

In This News

Coins

$ 0.00...361

$ 213.96

$ 131.31

-1.13%

$ 0.000113

$ 1.81

+0.10%

Share:

Read More

JPMorgan Arranges $50M Tokenized Debt on Solana: Galaxy Digital Issues, USDC Settles

JPMorgan Arranges $50M Tokenized Debt on Solana: Galaxy Digital Issues, USDC Settles

JPMorgan expanded its digital asset strategy with a new commercial paper issuance exe...
Keel Launches $500M ‘Tokenization Regatta’ to Bootstrap Solana’s Real-World Asset Market

Keel Launches $500M ‘Tokenization Regatta’ to Bootstrap Solana’s Real-World Asset Market

The race to tokenize global finance found a new engine in Abu Dhabi today. During the...