ChainCatcher news, according to The Block, Ethereum Foundation researcher Justin Drake stated that Solana's golden age is coming to an end and will not pose a threat to Ethereum. Despite Solana's strong development momentum, Drake emphasized that Ethereum focuses on long-term gains.He said, "Solana is currently at its peak, but I believe this will mark the end of Solana's golden age, as all of Solana's competitive advantages in latency and throughput will disappear due to fundamental architectural differences that make it non-scalable." Currently, Ethereum developers are heavily relying on Layer 2 to provide faster and cheaper transactions.Drake stated, "I believe Layer 1 is competing with Bitcoin, while Layer 2 is competing with Solana. Therefore, competing with Solana is not even within the scope of Layer 1's responsibilities; we should compete on security and health. So if Solana has any competition, it needs to come from applications and Layer 2."

ChainCatcher news, Matrixport released today's chart stating that Grayscale has submitted an application to convert the Solana Trust into a spot ETF. Although the current assets under management for this product are relatively small at $134 million, if approved, it will set an important market precedent for other ETF issuers. It is particularly noteworthy that Solana's financing rate currently reaches an annualized 70%, putting immense pressure on leveraged long positions. Historical experience shows that similar high financing rates are often associated with price corrections, as seen in March this year when the SOL-USDT price experienced a pullback under a similar financing rate backdrop.In the weekly report "Matrix on Target," it was mentioned that after Trump's election as president, he is expected to nominate crypto-friendly legal advisor Paul Atkins as the next chairman of the U.S. Securities and Exchange Commission (SEC). If this nomination comes to fruition, it is expected to have a positive impact on the crypto industry.

ChainCatcher news, according to Bloomberg Terminal data, the Solana ETF applications submitted by four institutions including VanEck, 21Shares, Canary, and Bitwise will face the SEC's first review deadline on January 25, 2025.The 19b-4 applications from these four institutions were officially accepted by the SEC on November 21, 2024. According to the approval process, the SEC is required to make an initial decision within 45 days of acceptance, which may involve approval, rejection, or postponement.It is worth noting that Grayscale's earlier submission for the conversion of the Solana trust fund to an ETF has an initial review deadline of January 23, 2025. The market generally expects that the SEC may adopt a unified approach to review these Solana ETF applications.

ChainCatcher message, Slow Mist Yu X stated: "Attention @solana/web3.js supply chain poisoning, known versions 1.95.6 and 1.95.7 contain backdoor code that can steal user private keys. The new version no longer has this risk. Well-known wallets have not found this risk, but real attacks have occurred.It is speculated that perhaps third-party private key-related tools (including bots) that update dependency packages in a timely manner were affected, as the poisoned versions only lasted a few hours before being discovered and removed. If you are using this package, please be cautious and check."

ChainCatcher news, Grayscale is seeking to convert its Grayscale Solana Trust (GSOL) into an exchange-traded fund (ETF). The trust was created by Grayscale in 2021 and has total assets under management of $134 million. Grayscale has become the fifth asset management company to seek to launch a SOL ETF.The New York Stock Exchange Arca (the exchange where the ETF will be listed) submitted a 19b-4 application on Tuesday night. The U.S. Securities and Exchange Commission (SEC) requires exchanges to submit such applications to notify the SEC of proposed rule changes by self-regulatory organizations (SROs).

ChainCatcher news, South Korean crypto KOL Joseph Young posted, "The South Korean president has announced a curfew. If you are out and about after 11 PM, you will be checked, and if deemed suspicious, you will be arrested. Currently, major centralized exchanges (CEX) in South Korea are experiencing trading difficulties for unknown reasons."

ChainCatcher news, Norway's sovereign wealth fund's ethical oversight body will investigate companies in the fund's portfolio (including those in the cryptocurrency sector) next year to determine if there are any ethical violations. If issues are confirmed, the fund may choose to divest from these entities.The Government Pension Fund Global is the largest sovereign wealth fund in the world, managing assets worth $1.8 trillion. The fund was established to manage surplus revenues from the oil and gas industry, aiming to ensure financial stability for future generations through diversified global investments.The agency reviewed an ethical committee document sent to the Ministry of Finance on October 10. The document indicated that in 2025, the ethical committee will investigate companies involved in cryptocurrencies and gambling due to their high money laundering risks.It is reported that the fund has increased its cryptocurrency investments, purchasing a 0.83% stake in Coinbase, valued at $453 million. It has also acquired shares in Marathon Strategy, Block, and Marathon Digital.

ChainCatcher news, Solana has announced the integration of Ledger's crypto debit card CL Card (Crypto Life Card), which allows users to make offline payments using Solana at over 90 million merchants worldwide, and is integrated with Ledger Live, supporting Apple Pay.

ChainCatcher news, the Seoul Central District Court in South Korea ruled to cancel the Financial Intelligence Unit (FIU)'s fine of 1.9942 billion won (approximately 1.42 million USD) imposed on the virtual asset exchange Hanbitco for KYC violations. The court found that the FIU failed to provide evidence proving that 197 customers met the "aggravating conditions" under the Act on Reporting and Using Specified Financial Transaction Information, nor did it conduct relevant investigations. The so-called "aggravating conditions" refer to the suspicion of customer identity, which may involve the concealment of the actual owner's identity, money laundering activities, or risks of financing terrorism.This ruling may affect the FIU's review of KYC violations by other exchanges, including the recent investigation into 700,000 violations against Upbit.

ChainCatcher news, according to the official announcement, Coinbase has added the Solana-based meme coin MOODENG to its listing roadmap.

ChainCatcher news, according to official sources, Orderly Network announced the integration of the Solana mainnet and launched its full-chain perpetual contract order book on Solana. This deployment integrates both EVM and non-EVM orders, achieving cross-chain deep liquidity, allowing Solana users to seamlessly connect to over 30 DEXs on other EVM chains and trade 73 types of perpetual contracts without the need for complex operations like bridging or wrapping.The integration of the Solana mainnet marks Orderly Network as the first platform to merge EVM and non-EVM chains into a super ecosystem, with a total market capitalization exceeding half a trillion dollars. Through a unified order book, users can directly trade using token assets from various chains, greatly enhancing trading efficiency and user experience.Currently, Orderly has been deployed on important EVM chains including Arbitrum, Base, Mantle, Ethereum mainnet, Optimism, Polygon, and others, providing over 50 markets for traders and DEXs. The deployment on the Solana mainnet will further expand its liquidity service offerings, allowing Solana traders to enjoy a higher quality trading experience.

ChainCatcher news, the multi-chain ecological yield enhancement layer Ola based on zk technology officially announces the launch of $OLA Free Mining. Users can easily start mining on mobile without expensive hardware through the Massive app. Mining rewards are settled daily, and users can enjoy additional invitation rewards.The Massive return limited-time event is currently underway, and the top three users with the most mining and invitations each week will receive accelerator rewards to boost their computing power and earn more $OLA tokens.In addition, Ola plans to launch a new mining pool in the Massive App in mid-December, introducing the "One-Click Multi-Mining" feature, which supports multiple project token point mining, bringing more earning opportunities to users.

ChainCatcher news, Oraichain posted on X that ORAI has been launched on Solana and is now seamlessly exchangeable on Raydium. The bridging between Oraichain and Solana will be launched next week.In addition, Oraichain will launch the AI agent launchpad Agents.Land on Solana, and the revenue from Agents.Land will be used to fund the buyback and burn of ORAI.According to RootData, Oraichain is a smart and secure solution for Web3, scalable Dapps, and decentralized AI.

ChainCatcher message, according to official news, the OKX Web3 security team conducted a sampling analysis of recent cases of private key theft on the Solana network and provided the following security recommendations:Upgrade devices and wallets to the latest version in a timely manner;It is recommended to regularly create new keys and promptly transfer assets to new addresses;Regularly use professional antivirus software to scan mobile devices and PCs;When downloading applications, be sure to verify whether they are official versions;When using Bot-type products, it is advisable to use a new wallet for risk isolation.It is reported that the OKX Web3 wallet team, while strengthening product technical protection, continues to promote user security education, covering security guidelines, security TVC, security dynamics, etc. Users who need more security advice can always pay attention to OKX's official security announcements and educational resources.

ChainCatcher news, Solana co-founder Toly posted on X: "We need national XRP reserves."Previous news, according to RootData market data, XRP's market capitalization has surpassed SOL, exceeding 130.2 billion USD, ranking third in the cryptocurrency market capitalization leaderboard (excluding stablecoins).

ChainCatcher news, according to Onchain Lens monitoring, in the past three days, a certain whale spent 12,496 SOL to buy 11.18 million ai16z, as well as 13.89 million GLP1 and 37,000 VVAIFU, with a total value of 3.16 million USD.In addition, in the past 10 days, this whale has also accumulated 10.7 million ZEREBRO, worth approximately 4.25 million USD, along with 10 million HAT valued at 201,000 USD, and 777,000 GLP1 worth 44,000 USD.