Latest news with #Solana-based
Yahoo
5 days ago
- Business
- Yahoo
1 Top Cryptocurrency to Buy Before It Soars 1,850%, According to VanEck
VanEck sees Solana's price soaring to $3,200 in its bull case scenario. To reach that price, it would need to host more than 100 million daily active users. That kind of growth would require several 'killer apps' to launch on its blockchain. 10 stocks we like better than Solana › Solana (CRYPTO: SOL) was launched on March 24, 2020 with an initial coin offering price of $0.22 per token. Today, it trades at $164 -- so a $100 investment then would be worth about $75,000 today. That 74,900% gain was fueled by the growth of its ecosystem for developing decentralized finance (DeFi) apps and non-fungible tokens (NFTs), its speed and scalability, and Solana Pay's growing number of fintech and e-commerce partnerships. Yet some investors expect Solana's price to soar even higher. VanEck, which submitted the first U.S. application for a Solana exchange-traded fund (ETF) last year, expects its price to surge another 1,850% to more than $3,200 by 2030 in its bull case scenario. Let's see why the investment firm expects Solana to rally, and if investors should buy the token before it heats up again. Like Ethereum, Solana's blockchain uses a proof-of-stake (PoS) consensus mechanism to validate its transactions. That approach consumes less energy than the proof-of-work mechanism used to mine Bitcoin, since its tokens are only staked (locked up for interest-like rewards) instead of mined. PoS blockchains also support smart contracts, which are used to develop decentralized applications (dApps) and other tokens. Many developers launched new tokens on Ethereum's blockchain, but Solana operates its own independent blockchain. It differentiates itself from its competitors by upgrading its own PoS blockchain with a proprietary proof-of-history (PoH) mechanism, which helps it process transactions at much faster speeds than Ethereum's main Layer-1 blockchain. Solana has a theoretical maximum speed of 65,000 transactions per second (TPS), compared to Ethereum's theoretical top speed of 30 TPS for its Layer-1 transactions. But for real-world transactions, which face network congestion and other limitations, Solana has a daily average speed of 1,436 TPS -- versus Ethereum's daily average speed of 19 TPS. That superior speed makes Solana a popular blockchain for developing DeFi apps and non-fungible tokens (NFTs). In early 2022, its developers launched Solana Pay, an open peer-to-peer payment protocol that let merchants accept stablecoins, Solana, and other Solana-based tokens at high speeds with near-zero fees. Visa, Shopify, and other companies subsequently integrated Solana Pay into their digital wallets and e-commerce ecosystems. VanEck's 2030 outlook for Solana features a price target of $9.81 in its bear case scenario and a target of $3,211.28 in its bull case scenario. Its "baseline" estimate only sees Solana roughly doubling to about $335 per token during the next five years. Its bull case relies on the expansion of Solana's DeFi ecosystem and increased user growth. Solana only serves about 1.5 million daily active users (DAUs), according to Artemis Analytics, but VanEck thinks its user base might expand to more than 100 million DAUs as it hosts more DeFi, metaverse, social, gaming, and infrastructure applications. VanEck admits that achieving that explosive growth would rely on "killer apps" that finally turn Solana into a mainstream platform for processing digital transactions. But it also warns that hosting an application with more than 100 million users on its blockchain would push its scalability "to its limits." Any congestion would also reduce the speed of its transactions, but Solana's planned Firedancer upgrade this year might allay some of those concerns. Another potential catalyst could be the approvals of the first Solana ETFs. Those listings could stabilize its price by attracting more retail and institutional investors. Declining interest rates could also drive more investors back to Solana and other cryptocurrencies. VanEck's bull case for Solana is highly speculative, but the bear case is more straightforward. Solana is an inflationary token with no maximum supply, so its value will always be pinned to the growth of its developer ecosystem instead of its scarcity. It's impressing its developers with the speed of its unique PoS/PoH mechanism, but it still faces tough competition from Ethereum's Layer-2 rollups, which bundle together its transactions and process them off-chain at real world speeds of 1,000 to 4,000 TPS. Unlike Ethereum, Solana isn't cross-compatible with other blockchains, and its Rust and C developer languages have a steeper learning curve than Ethereum's Solidity. So even if a "killer" DeFi app finally arrives, it might launch on Ethereum instead of Solana. All of those challenges could hold Solana back during the next five years. Solana's proprietary mechanism, speed, and low fees will help it stay more relevant than other blockchains for the foreseeable future. But it's simply not as compelling an investment as Bitcoin, which is valued by its scarcity, or Ethereum, which remains the top developer blockchain. So for now, I'd stick with those two blue chip cryptocurrencies instead of putting too much faith in VanEck's bull case scenario for Solana. Before you buy stock in Solana, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Solana wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $671,477!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,010,880!* Now, it's worth noting Stock Advisor's total average return is 1,047% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of July 14, 2025 Leo Sun has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Ethereum, Shopify, Solana, and Visa. The Motley Fool has a disclosure policy. 1 Top Cryptocurrency to Buy Before It Soars 1,850%, According to VanEck was originally published by The Motley Fool Sign in to access your portfolio
Business Insider
6 days ago
- Business
- Business Insider
Owning the Next Big Brand from Day One with Make Brand
Blockchain-based platform Make Brand is pioneering a new model for individuals to participate in the ownership of early-stage brands through tokenized, transparent investment structures. Built on Solana, Make Brand enables contributors to share in a brand's growth and future revenue through on-chain agreements, representing a shift from traditional, closed investment ecosystems to an open, global participation model. A New Investment Structure for Brand Ownership Historically, access to early-stage brand investments has been restricted to institutional investors, venture capital firms, and private networks. Make Brand offers a decentralized alternative, allowing individuals to participate from the earliest stages using blockchain infrastructure designed for transparency, fairness, and accessibility. Through Token DPA (Debt Payable by Assets) smart contracts, contributors gain rights to a share of future revenue generated by the brands they support. This structure replaces conventional one-time crowdfunding rewards with ongoing, contract-based returns tied directly to project performance. 'Make Brand provides everyday investors with direct access to early-stage brand growth in a way that was previously only available to a privileged few,' said a Make Brand spokesperson. 'We've developed a model where participants don't just support brands; they hold a meaningful stake in their success.' Transparent and Automated Participation Make Brand leverages blockchain's transparency to ensure that all contributions, revenue flows, and settlements are verifiable on-chain. Smart contracts automate the entire process: Contributors invest via $BRAND tokens Revenue is tracked and distributed automatically through Solana-based smart contracts Returns can be received in $BRAND or USDC based on the terms set during participation Investors can select between various models — reward-based, revenue-sharing, or hybrid — according to their risk appetite and expectations. Opening Access to a Global Audience Unlike traditional investment models bound by geography and regulations, Make Brand allows anyone with a wallet to participate. This removes significant barriers to entry and expands access to brand investment opportunities beyond the usual circles of accredited investors. The platform's design also supports creators through tools for managing fundraising, reporting, and engagement, while ensuring investor rights through transparent legal structures and audited data. Roadmap Highlights Make Brand's public beta launch is targeted for Q3 2025, with sectors such as fashion, beauty, and lifestyle expected to lead initial projects. Future developments include: About Make Brand Make Brand is a decentralized brand crowdfunding platform built on Solana. The project allows global users to participate in early-stage brand funding through transparent, token-based contracts. With features designed to support both creators and investors, Make Brand introduces a new model for building and owning brands in the Web3 era. CMO
Cision Canada
10-07-2025
- Business
- Cision Canada
BingX Takes the Lead in Offering Trading Services for Pump.fun ($PUMP)
PANAMA CITY, July 10, 2025 /CNW/ -- BingX, a leading cryptocurrency exchange and Web3 AI company, has become one of the first platforms to fully support the trading of $PUMP token, the native token of the viral Solana-based memecoin platform Starting at 03:30 UTC on July 10, 2025, BingX users can trade $PUMP tokens via pre-TGE listing, with pre-launch futures trading launching at 06:20 UTC the same day. Additional trading features will be rolled out as market momentum continues to grow. By offering pre-launch futures, BingX enables users to secure early access to $PUMP and leverage potential profits before the token's official launch. Meanwhile, BingX launches pre-listing spot trading for $PUMP ahead of its Token Generation Event. Once $PUMP is officially listed, pre-TGE trades will seamlessly transition into standard spot trading. has rapidly gained attraction as a cutting-edge launchpad for memecoins, allowing users to instantly create and trade tokens on the Solana blockchain without providing initial liquidity. Launched in 2024, has emerged as one of the most talked-about platforms in the digital asset space, praised for its ease of use, low barrier of entry, and viral appeal. To mark the launch, BingX is introducing a special campaign running from July 10 to July 24, rewarding users with a total prize pool equivalent to 210,000 USDT for deposits and trades. This follows the success of BingX's Xpool campaign in February, where users earned PUMPFUN points by depositing USDT, providing them early access to $PUMP tokens. About BingX Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.
Yahoo
09-07-2025
- Business
- Yahoo
Is There a Future for DAOs?
The cracks in DAO governance are beginning to show. In the span of a few weeks, two high-profile players—Solana-based exchange Jupiter and NFT conglomerate Yuga Labs—abandoned their DAO structures, issuing blunt statements about dysfunction and disillusionment. Jupiter cited a 'breakdown in trust,' while Yuga CEO Greg Solano called Apecoin DAO 'sluggish, noisy and often unserious governance theater.' While hundreds of DAOs still operate across crypto with thousands of participants, questions are being raised over whether DAOs, once the beating heart of crypto's decentralization dream, can flourish in this cycle. DAOs, decentralized autonomous organizations, are blockchain-native governance systems that allow token holders to vote on treasury allocation, protocol upgrades, and more. In the last decade of crypto experimentation, they were heralded as the future of community capitalism. Now, their limitations seem to be catching up with them. 'I absolutely understand the frustration with sluggish, broken governance," said Kollan House, founder of MetaDAO. 'This is the problem with token voting.' Originally celebrated as a way to 'give a voice to the voiceless,' DAOs have often been criticized for being a legal and financial gray area. By issuing 'governance tokens,' many projects found a way to circumvent securities laws, without delivering the accountability or utility those tokens promised. Today, CoinMarketCap lists 273 DAO tokens with a combined market cap of over $21 billion. But those numbers are misleading. Nearly 50% of that value is concentrated in just three tokens—Uniswap (UNI), Aave (AAVE), and Bittensor (TAO). At the other end of the spectrum, 63 DAO tokens are worth less than $1 million, effectively dead-on-chain. Take Mango Markets for example. It was once a bustling decentralized exchange that notched more than 1,000 governance proposals. It now has zero activity after the platform shut down in February, but $19 million worth of MNGO tokens still exist – completely useless. DAOs were often criticized for 'governance theater'—in other words, for appearing to be decentralized and governed by the crowd, but actually being controlled or dictated by a small number of people. DAOs required large numbers of people to participate in order to be effective. But numbers were often lacking, leading to disillusionment. 'To vote on anything, you need a quorum. But to reach quorum, you need incentives. And when you start incentivizing voting, you get mercenary participation. Everything works against itself from the start,' House said. Joshua Tan is executive director of Metagov, a research group focused on self-governance. 'There are reasonable questions about the value DAOs are actually providing,' Tan, co-author of a recent report on DAO M&A, told CoinDesk. 'Grant systems are often inefficient. Governance can be a mess. Still, this doesn't mean DAOs are done. It just means they're changing.' In Tan's view, the struggles of Jupiter and Yuga Labs are symptomatic of deeper systemic issues. But governance failures at particular projects shouldn't be confused with a failure of the DAO concept itself.'If you compare billion-dollar DAOs to billion-dollar public companies, sure, DAOs look inefficient,' he said. 'But so do most corporate boards. Governance is a cost center—not a profit center. That doesn't mean it's dispensable.' Far from writing off the concept, Tan and House both see a bright future for DAOs—albeit one that looks radically different. House points to futarchy, a governance model where decisions are made based on prediction markets, as a promising evolution. MetaDAO is actively building a fundraising platform rooted in that vision. 'We're solving issues with liquidity, decision making and ownership,' House said. 'The goal is to build the organizations of the future from the start.' Tan is focused on infrastructure—developing standards for DAO mergers and acquisitions (M&A), governance tooling, and valuation metrics through Metagov and DAOstar. 'We need to build muscles that TradFi has had for decades,' Tan said. 'That includes M&A workflows, legal frameworks, and robust metrics—not just relying on TVL.' The regulatory gray zone is another ongoing headwind. While some jurisdictions like Wyoming, Utah, and the Cayman Islands have built legal wrappers for DAOs, others lag behind. And even where structures exist, they're often expensive and impractical for small teams. 'We're still seeing two to three DAO registrations per week in the Caymans,' Tan noted. 'These are $50K setups. The fact that people are paying that much tells you DAOs still offer unique advantages.' Both experts agree: a shakeout is inevitable. 'We'll probably end up with 50 to 100 vibrant DAOs,' Tan said. 'Just like after the ICO boom, most will disappear. And that's fine.' What remains will be leaner, better governed, and—hopefully—less performative. Tan sees a future where DAOs don't disappear, but merge into broader organizational strategies, particularly in the merging of TradFi and DeFi. DAOs could become tools in the corporate stack—used when necessary, ignored when not. 'The underlying tech, smart contracts, is here to stay,' he said. 'Not everyone wants the 'movement' version of DAOs. But the infrastructure layer is decentralized. It's modular. Companies will choose what fits.' A good governance system is invisible when it works—and painfully obvious when it doesn't. That truism now haunts the DAO ecosystem. 'The dream of community-led protocols isn't dead,' said House. 'But we're still discovering the right way to build it. And failure is part of that.' 'Governance can't be optional. Without it, you get chaos. But that doesn't mean the system we've built so far is the right one,' Tan said. It remains to be seen whether more DAOs will follow Yuga and Jupiter in shutting down community governance, but one thing is clear. DAOs may be struggling, but they aren't dead, for now.
Yahoo
09-07-2025
- Business
- Yahoo
Pump.fun to Launch PUMP Token via ICO on July 12
the Solana-based meme coin platform that lets anyone create and trade tokens, is launching its token, PUMP, via an Initial Coin Offering (ICO) on Saturday, July 12. The company said PUMP is the 'official native token' of the protocol and is part of a broader effort to build a decentralized alternative to Facebook, TikTok, and Twitch. The pitch is to create a social platform that rewards attention with money and not just engagement metrics. According to 33% of PUMP's total 1 trillion supply will be sold in the ICO. Of that, 18% has already been allocated via a private sale, and 15% will be made available to the public on launch day. Both tranches were priced identically at $0.004 per token, and all tokens sold during the sale will be fully unlocked from day one. Other allocations include: 24% to ecosystem and community initiatives 20% to the core team 13% to investors 2.6% for liquidity The rest split between a foundation fund, live streaming incentives, and a 2.4% ecosystem fund To participate in the public sale, users must complete KYC via or partner exchanges, including Bybit, Kraken, Bitget, MEXC, KuCoin, and Gate. U.S. users are excluded. said it reached $100 million, $300 million, and $500 million in revenue faster than any company in history, derived mainly from rapid issuances of memecoins on attention-driven topics every day, of which the platform took a cut on each issuance and protocol has been at the center of Solana's meme coin boom since early 2024, known for low-friction token launches and chaotic viral pumps. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
