US-based crypto market and prediction platform Klashi is including Solana SOL as a deposit possibility for funding customers’ accounts. The CFTC-regulated trade and prediction market, which lets customers commerce on the outcomes of real-world occasions, initially accepted solely USD Coin (USDC) for crypto deposits.
Kalshi presents a whole lot of markets throughout 12 important classes, together with over 50 crypto-specific markets the place customers can commerce contracts based mostly on Bitcoin worth thresholds, legislative developments, and adoption milestones. Kalshi additionally not too long ago partnered with Elon Musk’s AI firm xAI to supply AI-generated insights for betting on real-world occasions.
Solana SOL is up almost 6% prior to now week, and is up 1% right this moment following that Klashi growth. The sixth-largest cryptocurrency was buying and selling at $181 at press time, and has loads of bullish momentum behind it. The Solana Community has made a number of huge bulletins prior to now month, main it to climb in Could. Most notably, the Solana community is all set to roll out a second-gen Android cellphone later this yr. In line with studies, the Solana Seeker smartphone will entail options of the Solana Sage gadget. The cellphone is ready to go dwell and begin transport on August 4, 2025.
Moreover, crypto followers are hyped for the potential launch of a spot Solana SOL ETF. Final yr, the cryptocurrency market noticed each Bitcoin and Ethereum get spot ETF merchandise authorised. These ETFs have been extremely profitable, making billions in inflows. A SOL ETF is predicted to do the identical, and would seemingly ship Solana’s native cryptocurrency sky excessive in worth. Nevertheless, the SEC not too long ago introduced an prolonged deadline for the fund across the SOL crypto token. Particularly, it famous that extra time was wanted concerning the functions from 21Shares, Bitwise, VanEck, and Canary Capital.
