Coinedition

SEC to reject 19b-4 filings for Solana spot ETFs, signaling continued regulatory resistance. Multiple asset managers, including Grayscale, seek Solana spot ETF approvals amid delays. Solana (SOL) sees a 2.21% price increase, maintaining strong market position despite uncertainty.

FTT token has skyrocketed a significant 28% in the past 24 hours. The upcoming FTT token distribution could be a reason for the surge. Pudgy Penguin has reserved a small supply of its token for FTT holders.

Ethereum spot ETFs have surpassed $1 billion in cumulative net inflows. BlackRock (ETHA) led the ETF inflow by adding 257,300 ETH in nine days. Ethereum ETF inflow surge tallies with ETH’s price rally in the crypto market.

Dogwifhat leads with steady growth, $3.41B market cap, and strong weekly momentum. Peanut the Squirrel shines with 10.8% weekly gains and $1.92B trading volume. Bonk’s volatility attracts speculators, boasting a $936M volume despite mixed trends.

Bitcoin stabilizes at $98K, boosting interest in altcoins like Solana (SOL) and XRP. Solana leads social metrics with 8.65% dominance; XRP and DOGE follow in December 2024. Altseason momentum builds as altcoins surpass $100B market caps and gain investor attention.