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Solana’s Zebec Network Expands Academic Finance with Science Card Acquisition

Solana’s Zebec Network Expands Academic Finance with Science Card Acquisition

Author:
SOL News
Published:
2025-05-30 04:14:41
23
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[TRADE_PLUGIN]SOLUSDT,SOLUSDT[/TRADE_PLUGIN]

Zebec Network, a blockchain payment provider built on Solana, has acquired UK-based Science Card to enhance its financial solutions tailored for academia. This strategic move integrates Science Card’s prepaid platform, which serves over 50,000 students at prestigious institutions like Cambridge University, with Zebec’s existing payroll and crypto card offerings. The acquisition underscores Zebec’s commitment to mission-driven finance in the education sector, leveraging Solana’s high-speed blockchain infrastructure. As of May 30, 2025, SOL is trading at 164.82 USDT, reflecting sustained interest in Solana-based innovations. This development highlights the growing intersection of blockchain technology and academic financial ecosystems, positioning Zebec as a key player in this niche.

Zebec Network Acquires Science Card to Expand Mission-Driven Finance in Academia

Zebec Network, a Solana-based blockchain payment provider, has acquired UK-based Science Card to bolster its suite of financial solutions for universities. The deal integrates Science Card’s academic-focused prepaid platform with Zebec’s existing payroll and crypto card offerings.

Science Card currently serves over 50,000 students across top UK institutions including Cambridge University. The platform streamlines research funding and campus spending through transparent financial tools. "This acquisition creates a trifecta of financial empowerment," said Zebec COO Simon Babakhani.

The merger expands Science Card’s reach through Zebec’s global payment infrastructure while maintaining its mission to reduce financial barriers in academia. Founder Daniel Baeriswyl noted the combined entity will leverage Zebec’s crypto rails to enhance service capabilities.

Solana Gains Institutional Traction with Liquid Staking and $1B Infrastructure Fund

Solana (SOL) maintains its upward trajectory, trading at $172 amid growing institutional interest. The ecosystem has attracted two major initiatives: DeFi Development Corp’s adoption of liquid staking token technology and SOL Strategies’ $1 billion infrastructure fund.

DeFi Development Corp, the first publicly traded company with a SOL accumulation strategy, now diversifies its treasury through dfdvSOL tokens. Meanwhile, Canada-listed SOL Strategies filed a preliminary prospectus to raise capital for Solana-based infrastructure projects.

The smart contract platform continues demonstrating resilience despite delays in SOL ETF approvals. Market structure suggests sustained bullish momentum, with SOL maintaining support at $170 within an ascending channel pattern.

Solana Meme Coin Market Cools as Launchpad Graduation Rates Drop

The solana meme coin market shows signs of cooling as graduation rates on major launch platforms decline sharply. Data from Dune Analytics reveals that Pump.fun, Boop, and LaunchLab now report graduation rates below 1%, with Pump.fun leading at just 0.80% as of May 28.

Boop’s dramatic fall from a 6.86% peak on May 17 to 0.14% exemplifies the sector’s rapid contraction. This trend mirrors weakening trading volumes and community engagement across Solana’s meme coin ecosystem since early May, contrasting sharply with April’s sustained growth.

The downturn raises fundamental questions about the sustainability of meme coin markets on Solana. Once-dominant platforms like Pump.fun now struggle to maintain momentum as investor caution replaces speculative frenzy.

Solana (SOL) Faces Renewed Selling Pressure as Key Support Levels Tested

Solana’s SOL token has retreated from the $180 resistance zone, signaling potential further downside. The digital asset now trades below $170 and its 100-hour moving average, with a bearish trendline forming on hourly charts. Market participants watch the $160 support level closely after SOL underperformed against Bitcoin and ethereum during this pullback.

Technical indicators show initial resistance NEAR $169, coinciding with the 50% Fibonacci retracement level of the recent decline. A decisive break above the $170-172 zone could signal trend reversal, while failure to hold $160 may accelerate selling pressure. The Kraken exchange data reveals weakening momentum as SOL struggles to regain its footing amid broader market uncertainty.

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