SOL

Sam Bankman-Fried, left, in the pre-trial days with Solana Labs CEO Anatoly Yakovenko (Danny Nelson/CoinDesk)
Sam Bankman-Fried Started Buying Solana's SOL at 20 Cents Using 'Alameda Profits,' He Says at His Trial
"I believed the funds came from Alameda’s operating profits" as well as third-party lenders, he testified Friday at his fraud and conspiracy trial.
Sam Bankman-Fried, left, in the pre-trial days with Solana Labs CEO Anatoly Yakovenko (Danny Nelson/CoinDesk)

The AUM has increased for the first time since July. (CCData)
Crypto Assets Under Management Jump to $31.7B; SOL-Based Products Rise 74%: CCData
Bitcoin-based products have increased their market share to 73.3% from 70.5% amid optimism over the possible approval of a spot-price exchange-traded fund.
The AUM has increased for the first time since July. (CCData)

Solana Rallies Over 20% in Last Week: What's Behind the Move?
Solana Rallies Over 20% in Last Week: What's Behind the Move?
Solana (SOL) has risen more than 20% in the past week, outperforming the rest of the crypto market and defying worries of a potential fire sale by bankrupt crypto exchange FTX...
Solana Rallies Over 20% in Last Week: What's Behind the Move?

SOL price over the past week (CoinDesk)
Solana Rallies 26% in a Week Despite FTX Sale Fears; What's Behind the Move?
Alameda FUD turned out to be less severe than anticipated, one analyst noted.
SOL price over the past week (CoinDesk)

Deribit will soon offer options tied XRP, Solana's SOL and Polygon's MATIC.(Creative Commons, modified by CoinDesk)
Deribit to List XRP, SOL, and MATIC Options; Seeks License in EU
Deribit controls over 85% of the global crypto options market.
Deribit will soon offer options tied XRP, Solana's SOL and Polygon's MATIC.(Creative Commons, modified by CoinDesk)

BTC's price chart (CoinDesk/Highcharts.com)
Bitcoin Bounce Puts Altcoin Bears at Risk
Bitcoin's bounce amid fears of FTX creditor liquidation might shake out altcoin bears, leading to a sharp rally in recently shorted tokens like solana.
BTC's price chart (CoinDesk/Highcharts.com)

BTC price on Sep. 11 (CoinDesk)
Bitcoin Drops Below $25K With Altcoins Bracing for Deeper Crash from FTX Crypto Sale
Alternative cryptocurrencies could take a hit as FTX looks to shed its $3.4 billion stash of digital assets, crypto services provider Matrixport noted.
BTC price on Sep. 11 (CoinDesk)

Bitcoin plumbs multi-month lows (Adam Nowakowski/Unsplash)
Bitcoin Plumbs 6-Month Low Near $25K and Higher Oil Prices Suggest Further Pressure
"This is exactly what apathy looks like," said one crypto analyst.
Bitcoin plumbs multi-month lows (Adam Nowakowski/Unsplash)

BTC price chart (CoinDesk)
Bitcoin Climbs 3% to $26.6K; SOL, NEAR, ADA Lead Crypto Market Gains
Despite today’s market-wide advance, the outlook for risk assets is pointing to softer prices for the next few weeks, one observer noted.
BTC price chart (CoinDesk)

Bitcoin returns to $29K (CoinDesk Indices)
Bitcoin Wobbles at $29K as XRP Leads Altcoin Losses; SHIB, Helium Gain
Cryptocurrency markets sold off Friday afternoon as equity markets gave up early gains and closed the day in red.
Bitcoin returns to $29K (CoinDesk Indices)