Alameda moves $16 million in Solana’s SOL token for possible creditor distribution
Alameda unstakes $16 million worth of Solana’s SOL token, according to Arkham.
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Alameda unstakes $16 million worth of Solana’s SOL token, according to Arkham.
The foundation says it is becoming a leading network for “agentic payments.”
While Bitcoin developers scramble to find a solution and Ethereum prepares for ‘Q-day,’ Solana is trying to get ahead of that scenario.
The platform halted deposits while it investigates suspicious activity and urges users to proceed with caution.
Across many of the most well-known ecosystems like Bitcoin, Ethereum, and Solana, responses are diverging along familiar lines: what to do on social consensus and technical iteration, and community members are split between caution and acceleration.
This shift could fundamentally reshape internet business models, Solana Foundation’s Vibhu Norby believes.
Plus: Solana developer platform, Balancer Labs to shut down and Bitcoin mining concentration triggers small reorg.
The organization argued that the next phase of crypto adoption will depend less on transparency alone and more on giving companies control over what they reveal — and to whom.
The remaining tokens are subject to long-term lockups tied to company milestones and a potential IPO.
Bitcoin briefly surged to a six-week high above $75,000 before quickly retreating, underscoring the fragility of the latest rally.