Solana (SOL) has lower chances of being affected by the potential supply pressure from Grayscale's influence compared to Litecoin (LTC) if the Securities and Exchange Commission (SEC) approves altcoin exchange-traded funds (ETFs).
KuCoin, the 12th-largest cryptocurrency exchange with an average daily trading volume exceeding $1.5 billion, has partnered with manufacturers of Proof-of-Work (PoW) crypto mining machines to democratize industrial-scale mining for digital assets.
Litecoin (LTC) price extends its recovery, trading at around $104 on Friday, after breaking above $100 for the first time in nearly two months. Institutional demand for LTC is increasing, reflected by the NASDAQ-listed MEI Pharma (MEIP) launching a dedicated strategic treasury.