KeepSolid Launches Solana-Based KS Coin to Revolutionize Web3 Loyalty Programs

KeepSolid has unveiled KS Coin, a Solana-based utility token designed to enhance its Web3 loyalty program. Priced at $0.007 per token with a 30% discount available until August 21, 2025, this initiative represents a significant departure from traditional loyalty points by granting users full ownership of their tokens. This ownership allows for unrestricted exchange or sale, providing greater flexibility and value to participants. The KS Coin is integrated with KeepSolid's suite of privacy tools, including VPN Unlimited and Passwarden, enabling users to earn rewards for engaging with these products. This innovative approach not only leverages the efficiency and scalability of the Solana blockchain but also aligns with the growing trend of Web3 applications in the digital economy. By transitioning from conventional loyalty systems to a blockchain-based model, KeepSolid is positioning itself at the forefront of the loyalty program evolution, offering a more transparent, user-centric, and financially rewarding experience. The launch of KS Coin underscores the potential of Solana-based tokens to drive adoption and utility in the broader cryptocurrency ecosystem.

KeepSolid Introduces KS Coin as Solana-Based Loyalty Token with Web3 Utility

KeepSolid has launched KS Coin, a Solana-based utility token designed to power its new Web3 loyalty program. Priced at $0.007 per token with a 30% discount until August 21, the offering marks a shift from traditional loyalty points by granting users full ownership—allowing free exchange or sale.

The token integrates with KeepSolid's privacy tools like VPN Unlimited and Passwarden, enabling rewards for product engagement. Future applications include access to upcoming features such as a Web3-enabled browser and encrypted messaging services. "KS Coin embodies our philosophy that users should share in our growth," said CEO Vasyl Ivanov.

Earning mechanisms incentivize regular use of KeepSolid products, with tokens purchasable directly via the company's website and eventually on select crypto platforms. The initiative bridges loyalty programs and decentralized asset utility.

SEC Initiates Review of Invesco Galaxy Spot Solana ETF Application

The U.S. Securities and Exchange Commission has acknowledged the filing for the Invesco Galaxy Spot solana ETF, marking a pivotal step toward potential approval. The proposed fund, submitted via Cboe BZX on June 25, 2025, aims to provide direct exposure to Solana's spot price while incorporating staking rewards—a first among crypto ETFs targeting a Layer 1 blockchain.

Regulatory scrutiny will focus on custody solutions, market surveillance mechanisms, and investor safeguards. This development follows a wave of similar filings from institutional heavyweights including VanEck, Fidelity, and Grayscale, though no SOL-based ETF has yet cleared SEC hurdles.

Solana Price Surge: Technical Indicators Suggest Potential Rally Beyond $250

Solana (SOL) has demonstrated strong bullish momentum, gaining 18.3% over the past week and breaking through a key resistance level at $196. The cryptocurrency's market capitalization continues to rise, with technical indicators pointing to a potential breakout above $250.

The Moving Average Convergence Divergence (MACD) has formed a golden crossover, while the Relative Strength Index (RSI) remains in bullish territory. Notably, over $85 million worth of SOL was withdrawn from exchanges, signaling long-term holder confidence.

Retail and institutional traders are repositioning as Solana's technical setup suggests the possibility of an extended rally. Market observers are now speculating whether SOL could reach $500 or even $1000 in the coming months, though short-term pullbacks remain possible.

Solana-Compatible Star Atlas L1 Announces December Launch Amid Shift to Dedicated Blockchain

ATMTA, the studio behind the anticipated space exploration game Star Atlas, is pivoting from Solana's mainnet to launch its own SVM L1 blockchain called Zink in December. The MOVE reflects a broader industry trend where developers prioritize user identity solutions and scalability through dedicated chains.

Zink will leverage zero-knowledge proofs for features like zProfiles, enabling unified digital identities with global permission settings. While initially centralized with ATMTA oversight, the chain aims to onboard external validators from Solana's ecosystem at launch.

The decision underscores growing tensions between multi-purpose LAYER 1 networks and application-specific chains. Michael Wagner, ATMTA's CEO, positions Zink as a future generalist consumer blockchain, though its initial focus remains on attracting crypto gaming studios.

Former Pump.fun Employee Pleads Guilty to $2 Million Solana Theft

Jarett Dunn, a former senior developer at meme coin launchpad Pump.fun, has formally admitted guilt in a London court for defrauding the platform of approximately $2 million worth of Solana (SOL). The Canadian national remains incarcerated after violating bail conditions earlier this year.

The admission comes as Pump.fun regains dominance in the Solana launchpad space, capturing 77% of token creation activity and generating $2.28 million in daily revenue—a five-month high. Dunn's legal troubles escalated when his defense team withdrew after he attempted to retract his initial guilty plea during an October sentencing hearing.