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Crypto Prune > News > Crypto > Solana > Kalshi Platform adds Solana Sol Deposit functionality
Solana

Kalshi Platform adds Solana Sol Deposit functionality

7 months ago 2 Min Read

The US-based Crypto Marketplace and forecasting platform Klashi is adding Solana Sol as a deposit option to fund user accounts. The CFTC exchange and forecast market initially accepted only crypto sediment USD coins (USDC) to allow users to trade with the results of real-world events.

Kalshi offers hundreds of markets across 12 major categories, including over 50 crypto-specific markets where users can trade contracts based on Bitcoin price thresholds, legislative development, and adoption milestones. Kalshi recently partnered with Elon Musk’s AI company Xai to provide AI-generated insights to wager on real events.

Solana Sol has risen nearly 6% over the past week, and is up 1% today, following its Klashi development. The sixth largest cryptocurrency trades at $181 at the time of press, with a lot of bullish momentum behind it. The Solana Network made some major announcements last month and climbed in May. Most notably, the Solana network is all set up to deploy two generations of Android phones later this year. Reports say the Solana Seeker smartphone comes with the functionality of the Solana Sage Device. The phone will be released on August 4, 2025 and is set to begin shipping.

Additionally, Crypto fans have been exaggerated about the possibility of a spot launch for the Solana Sol Etf. Last year, in the cryptocurrency market, both Bitcoin and Ethereum approved spot ETF products. These ETFs were hugely successful, creating billions of influxes. Sol ETFs are expected to do the same, and perhaps Solana’s native cryptocurrency will be more valuable. However, the SEC recently announced the extension deadline for funds around Sol Crypto tokens. Specifically, we noted that more time is needed for applications from 21 shares, Bitwise, Vanek and Canary capitals.

See also  Solana-based Bonk dominates the charts with 73% of the rally. What's next?
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