Solana liquidity protocol Orca is expected to launch a new token issuance platform by the end of July or early August 2025, which adopts an innovative mechanism to prioritize the rights of real users and effectively combat robot participation in token sales. Meanwhile, REX-Osprey SOL spot ETF fund inflows have stagnated, with a cumulative net inflow maintained at $73 million, indicating that the market sentiment towards the Solana ecosystem is currently in a balanced state. Notably, SOL price has recently experienced increased volatility, briefly falling below the $170 mark, with the current price at $172.73. These developments highlight the ongoing evolution of the Solana ecosystem in terms of technological innovation and market acceptance.
Orca to Launch Token Issuance Platform with Anti-Robot Mechanism
According to Blockworks reporter Jack Kubinec, Solana liquidity protocol Orca is expected to launch its new platform by late July or early August. The platform aims to prioritize real users over automated robots during token sales through an innovative mechanism, thereby enhancing fairness.
The key difference of this launch platform lies in its engineering solution to the problem of robot-dominated new token issuances. By readjusting participation dynamics, Orca seeks to create a fair competitive environment for retail investors while maintaining the efficiency expected on the SOLana platform.
REX-Osprey SOL Spot ETF Net Inflow at Zero, Cumulative Funds Remain Stable
According to Farside Investors' data, the REX-Osprey SOL spot ETF saw no net inflow or outflow yesterday. During this stagnation, the fund's cumulative net inflow since its listing remains at $73 million.
Market participants continue to monitor SOL-related investment products to find signs of institutional adoption. The lack of daily fund movement indicates that investors' sentiment towards the Solana ecosystem is currently in a balanced state.
SOL Falls Below $170, Market Volatility Intensifies
Solana (SOL) briefly fell below the $170 mark, reporting at $169.99 at the time of writing, although still up 3.73% in the past 24 hours. This highlights the increasing volatility in the cryptocurrency market.
Given the continued intense price fluctuations in the current trading environment, market participants are advised to cautiously adopt risk management strategies. The asset still maintains gains during the pullback, indicating bullish sentiment among traders.
