JUST IN: 📈 @SolunaHoldings announces a public offering of over 9M shares and warrants at $0.55 each, expecting $5M in gross proceeds. Funds will support working capital and growth. H.C. Wainwright & Co. acts as exclusive placement agent. Offering closes July 17. $SLNH
Klotho Neurosciences $KLTO announced today that the U.S. Food and Drug Administration (FDA) has granted Orphan Drug Designation to the company's novel secreted-Klotho (s-KL) promoter, gene and delivery system (KLTO-202, or s-KL-AAV.myo) for the treatment of ALS.
Why is getting $S listed on Coinbase such a big deal?
Unlike ERC20 tokens from Ethereum or SPL tokens from Solana, getting $S on Sonic listed involves support of a totally new network. This network integration isn't a simple token listing, its a full stack integration that enables tokens like $USDC and other Sonic ecosystem tokens to have the future potential of being listed on the platform.
Here are some key benefits:
🔵Access to Coinbase spot and perpetuals markets
🔵Access to Coinbase custody (9 of 12 ETFs use Coinbase to custody their on-chain assets)
🔵Being listed signals a degree of compliance, security, and reputability.
🔵Being listed enables $S to get integrated into a publicly traded company
🔵Being listed gets $S into a lot of institutional conversations much easier than before
🔵Being listed on a platform that is heavily pro-crypto within the United States government enables new opportunties
🔵Coinbase users can buy the token directly with USD, EUR, etc., reducing friction for entry.
🔵It adds confidence for wallets, custodians, and institutional services to support the token.
🔵Coinbase is one of the oldest and most established fully regulated U.S.-based crypto exchanges
🔵Access to millions of American users users means deeper order books and tighter spreads.
🔵Coinbase has a large base of retail users in the U.S. and globally.
🔵Coinbase has a proper web3 wallet that enables smooth transactions for all web3 and DeFi users
Shadow Exchange ranks #8 on @DefiLlama’s new Holder Revenue leaderboard—outperforming Solana and many top chains & protocols!
In the last 30 days:
🔸 $2.1B+ trading volume
🔸 $3.5M+ in fees generated
🔸 $5.8M+ distributed to voters
Only on Sonic $S 💥
It's been a rough month for everyone - except SONIC $S.
It ramped from zero to $700M in TVL in the past two months.
Something really interesting is happening here.
SONIC could be THE chain of choice in the next DeFi run.