Ah, the marvellous world of crypto, where numbers dance and wallets prance! 🕺 Behold, dear readers, a tale as tantalizing as a chocolate river: Solana holders, those clever scoundrels, can now deposit their precious SOL and USDC on the Kalshi prediction markets. Starting today, the platform-with a flourish of its digital wand-has announced support for the SOL chain. Ta-da! 🎉
- Kalshi, that mischievous platform, has added support for the Solana chain, allowing users to deposit USDC and SOL via SOL-native wallets. How splendidly convenient! 🧙♂️
- Solana, the cheeky token, recently took a 2.6% tumble in price. Oh, the drama! 😱
Kalshi, the U.S.-based regulated financial exchange and prediction market platform (quite the mouthful, isn’t it?), has decided to dip its toes into the crypto pool. Launched in July 2021, this platform lets you bet on everything from the weather to who’ll win the next Oscar. Now, it’s embracing Solana with open arms-or should we say, open wallets? 🤑
“Deposit natively in USDC or SOL,” the platform chirped in its recent post, as if it were inviting you to a tea party. 🍵
And what’s this? A prediction market betting on whether SOL will reach a new all-time high this year! The odds? A cheeky 55% on YES, with a trading volume of $2,212. Place your bets, ladies and gentlemen, but don’t blame us if your wallet takes a holiday! 🎲
With this integration, users can deposit directly from SOL-compatible wallets, and-poof!-SOL tokens are magically converted into U.S. dollars to fund their Kalshi accounts. Abracadabra! 🎩✨
This move, part of Kalshi’s grand strategy to woo crypto traders, comes hot on the heels of appointing 23-year-old influencer John Wang as head of crypto. A young whippersnapper leading the charge? How delightfully daring! 😎
SOL is now the fourth crypto asset to join Kalshi’s party, following USD Coin (USDC), Bitcoin (BTC), Worldcoin (WLD), Ripple USD (RLUSD), and Ripple (XRP). Quite the guest list, wouldn’t you say? 🥳
Solana’s Price: A Rollercoaster Ride 🎢
At press time, Solana has taken a 2.6% nosedive from its peak of $217, now hovering around $207. Oh, the fickleness of fortune! It’s dipped below the $210 threshold and the 30-period moving average ($212.64). Tsk, tsk. Bearish momentum, they say? Sellers are having a field day! 🐻
If the price keeps slipping, it might drop below $205 and head toward the $200 mark. Deeper losses? Oh dear, $192 to $194 could be next. But fear not, bulls! If you defend $205 and push back to $212, SOL might stabilize and attempt another retest of $216. Fingers crossed! 🤞
Despite this dip, Solana has gained 14% this week. And its total value locked? A whopping $11.78 billion, the highest since the year began. Bravo, Solana, bravo! 👏
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2025-08-29 13:28