Ledger says popular chip used on Solana phones vulnerable to unstoppable attack

Solana has rebounded above the $140 mark following a significant sell-off, with the SOL price recovering from below $130. This resurgence is attributed to strong demand from institutional investors and the launch of new Solana-based Exchange-Traded Funds (ETFs). The market is also witnessing increased interest in Remittix, which is being viewed as a potential leader in the next wave of cryptocurrency adoption.

Solmate has announced its intention to acquire RockawayX, aiming to establish a $2 billion powerhouse within the Solana ecosystem. This acquisition reflects a growing institutional confidence in Solana, which is expected to accelerate the development and adoption of its blockchain technology.

Solana (SOL) is currently retesting the $140 resistance level after a recent market rebound, having fluctuated between $120 and $144 since mid-November. Analysts are divided, with some predicting a short-term rally while others point to signs of weakness, particularly after a drop to $123 following a market correction.

Solmate has announced its intention to acquire RockawayX in an all-stock deal, aiming to create a $2 billion powerhouse within the Solana ecosystem. This strategic move is expected to enhance Solmate's capabilities and market position within the rapidly evolving cryptocurrency landscape.

Solana Mobile is set to launch its native token, SKR, in January 2026, directly linking it to the Seeker smartphone and its expanding app ecosystem. This initiative aims to enhance user engagement and create a unique value proposition for the Solana platform.

Solana's Drift has launched version 3 of its platform, significantly enhancing trading speed by offering trades that are ten times faster than previous versions. This upgrade is expected to improve user experience and attract more traders to the platform, reinforcing Solana's position in the competitive cryptocurrency market.

Plume has launched Nest Vaults on the Solana blockchain, introducing institutional Real-World Asset (RWA) yield opportunities. This debut aims to enhance the yield generation capabilities within the Solana ecosystem, marking a significant step for both Plume and Solana in the cryptocurrency space.

Anthony Scaramucci has identified Solana as a leading contender in the tokenization space, emphasizing its potential to revolutionize digital finance through faster and more cost-effective blockchain solutions. He believes that the migration of smart contracts to such platforms will be pivotal for the future of finance.