According to Lookonchain, FTX's cold wallet received 252,847 SOL tokens, valued at $39.72 million, from Coinbase Prime 11 hours ago (source: Lookonchain, June 17, 2025). This large transfer signals potential future movement of SOL assets by FTX, which could increase market volatility and trading volumes for Solana (SOL) in the short term. Traders should monitor on-chain activity closely for any signs of liquidation or redistribution by FTX, as such events may impact SOL price action and liquidity on major exchanges.

According to Phantom (@phantom), CEO Brandon Millman outlined Phantom’s strategic roadmap for onchain finance at SolanaConf Accelerate in NYC on June 6, 2025. The key points included expanding Phantom’s wallet functionalities, integrating advanced DeFi tools, and prioritizing user security on the Solana blockchain (source: @phantom, June 6, 2025). For traders, these developments signal increased accessibility and efficiency in decentralized trading, potentially driving higher transaction volumes and liquidity on Solana-based DeFi platforms. This move is relevant for those monitoring SOL price action and DeFi token trends, as enhanced wallet capabilities often correlate with user growth and rising onchain activity (source: @phantom).

According to Coins.ph (@coinsph), Coins CEO @thedaoofwei delivered a keynote at Solana Accelerate in New York City, focusing on real-world integration of Web3 and decentralized finance. The session emphasized the expanding role of Solana in mainstream crypto adoption and regulatory collaboration, which may drive further institutional interest and liquidity for Solana-based tokens. Traders should note that strategic partnerships and regulatory clarity discussed at the event could influence SOL price action and the broader altcoin market. Source: Coins.ph on Twitter, May 28, 2025.

According to Pedro Gomes on Twitter, WalletConnect will be supporting a major Solana event in New York City next week, highlighting robust industry engagement from top crypto builders (source: @pedrouid). For traders, the collaboration between WalletConnect and Solana at a high-profile US event signals increased institutional and developer interest in onchain technologies, potentially driving higher transaction volumes and liquidity on the Solana network. The event could act as a catalyst for SOL price action and influence sentiment across DeFi and NFT ecosystems built on Solana.

According to AltcoinGordon on Twitter, Binance has increased its SOL holdings by more than 1 million tokens since May 4th, 2025 (source: twitter.com/AltcoinGordon/status/1922958636030230931). This significant accumulation by a leading exchange may signal increased institutional interest and potential support levels for Solana. Traders should monitor Binance’s wallet activity and overall SOL inflows, as such large-scale movements often precede increased volatility and could impact short-term price action in the cryptocurrency market.