Solmate moves to acquire RockawayX to build $2B Solana powerhouse

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.

Lighter has launched spot trading with ETH as its first depositable asset on its Ethereum layer 2 exchange, marking a significant expansion beyond perpetual futures. This move allows users to deposit and transfer ETH on the platform, enhancing its trading capabilities.

MoneyGram has partnered with Fireblocks to integrate stablecoins into its global payment systems, aiming to enhance transaction speed, reliability, and cost-effectiveness. This collaboration represents a significant step towards modernizing payment infrastructures through cryptocurrency 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.

Eric Trump's American Bitcoin has acquired 363 BTC, reflecting a notable increase in institutional interest in Bitcoin, which may influence market dynamics and investor confidence. This acquisition comes at a time when the cryptocurrency market is experiencing significant volatility, with Bitcoin's value fluctuating dramatically.

Aster has unveiled its 2026 roadmap, which includes the launch of a layer 1 blockchain and community-driven upgrades aimed at enhancing decentralized finance. This initiative is expected to foster user-driven innovation and facilitate the integration of real-world assets into the platform.

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.