ORCA Archives - Coin Engineer

Orca DAO Proposes 55,000 SOL for ORCA Buybacks & Staking

Yeliz Akmaca — Thu, 07 Aug 2025 09:00:59 +0000

Orca DAO has proposed to utilize approximately 55,000 SOL from its treasury for ORCA token buybacks and staking on the Orca validator. This significant proposal has entered a five-day voting period by ORCA token holders. Afterward, a two-day waiting period will begin. The core aim of this strategic move is to strengthen the protocol’s long-term value and sustainability.

ORCA Buybacks and Supply Management

The main focus of the proposal is to purchase ORCA tokens from the open market using a portion of the treasury’s SOL assets. This buyback process is planned to continue for 24 months. The repurchased ORCA tokens can be used for various purposes within the ecosystem, such as being burned to reduce circulation or added as rewards in xORCA staking pools. Additionally, they can be allocated as grant funds for projects within the Orca ecosystem.

To limit price volatility, daily buyback transactions will be capped at 2% of ORCA’s 30-day average trading volume. This limit aims to minimize sudden market impacts.

JUST IN: @orca_so DAO has proposed a new governance proposal to stake up to ~55K SOL into an Orca Validator and launch a 24-month $ORCA buyback program. Repurchased tokens may be burned, used for xORCA rewards, or allocated as ecosystem grants. pic.twitter.com/6SzaK0kVdd

— SolanaFloor (@SolanaFloor) August 6, 2025

Orca Validator and Security Infrastructure

Another crucial aspect of the proposal is staking the treasury’s SOL in the Orca validator. This move supports the validator infrastructure on the Solana network while enhancing the security and stability of the Orca ecosystem. Moreover, this staking action will generate passive income for the DAO treasury, strengthening the protocol’s financial resilience. Thus, both technical infrastructure and Orca’s network position are fortified.

Transparency and Community Control

If implemented, Orca DAO commits to conducting the process with full transparency. All actions will be supported by on-chain data, sharing information such as the total amount of ORCA bought back, average purchase price, and wallet addresses used with the community.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Orca DAO Proposes 55,000 SOL for ORCA Buybacks & Staking appeared first on Coin Engineer.

ORCA Launchpad: Ushering In a New Era on Solana

Emre Yumlu — Wed, 16 Jul 2025 14:30:34 +0000

Orca, one of the leading decentralized exchanges (DEXs) in the Solana ecosystem, is preparing to launch a brand-new token Launchpad by the end of July or early August. This initiative brings a fresh approach to token distribution, specifically designed to give human users an edge over bots—a growing issue in public token sales. So what makes Orca’s Launchpad unique, and how does it aim to reshape the landscape of Solana-based token launches?

A Fairer, Human-Centric Launchpad Experience

Orca’s upcoming Launchpad is designed to create a more accessible and equitable token launch process. At the core of this platform is a custom-built mechanism developed by Orca that prioritizes real users over trading bots. This innovation comes at a time when bots often dominate token sales, crowding out everyday participants. By leveling the playing field, Orca is aiming to empower individual investors and enhance user participation across the ecosystem.

The Launchpad is expected to go live by late July or early August, offering token creators on Solana a new way to connect with genuine community members. It also opens up new opportunities for traders, liquidity providers, and ecosystem developers, further cementing Orca’s leadership within the Solana DeFi space.

What is Orca?

Orca is a user-friendly decentralized exchange operating on both the Solana and Eclipse blockchains. Founded by experienced DeFi developers, Orca is designed to provide the best experience for both traders and liquidity providers. The platform features a Concentrated Liquidity Automated Market Maker (CLMM) model, allowing liquidity to be deployed more efficiently within selected price ranges—resulting in better prices for traders and higher capital efficiency.

Orca’s mission is to make asset trading more transparent, efficient, and accessible. Beyond offering seamless trading of existing assets on Solana, Orca also aims to bridge traditional finance with blockchain technology, expanding the possibilities within DeFi. With a professional, principled, and fun approach, Orca emphasizes user safety—boasting a four-year history with no security breaches.

Backed by Leading Investors

Orca has attracted strong backing from some of the most respected names in the crypto investment space. Its Series A funding round included major investors such as Polychain Capital, Coinbase Ventures, DeFiance Capital, Jump Capital, Placeholder, Ryze Labs, Zee Prime Capital, Three Arrows Capital, Collab+Currency, and Solana Capital. This lineup reflects the industry’s strong belief in Orca’s vision and potential within the DeFi landscape.

$ORCA Token Distribution

The native token, $ORCA, was launched with a community-first approach. The distribution is as follows:

Community (Liquidity Incentives & Airdrops): 66.1%
Team: 20%
Investors: 13%
Advisors: 0.9%

Notably, the initial token allocations were distributed via airdrop to liquidity providers and traders, rewarding early contributors and reinforcing Orca’s community-driven ethos.

The post ORCA Launchpad: Ushering In a New Era on Solana appeared first on Coin Engineer.

First U.S. Staking ETF Launches Wednesday, Offers Exposure to Solana and Yield

Yigit Taha OZTURK — Tue, 01 Jul 2025 10:00:10 +0000

The financial industry is about to witness a significant shift in how digital assets are accessed and rewarded. For the first time in the United States, investors will be able to gain exposure to Solana (SOL) through a staking-enabled exchange-traded fund (ETF)—a move that could reshape institutional crypto adoption.

On Monday, REX Shares confirmed the imminent launch of the REX-Osprey Solana and Staking ETF, set to go live on Wednesday. This fund will give U.S. investors direct access to spot SOL while earning staking rewards — a unique structure in the regulated ETF space.

How the Solana ETF Will Work

The fund utilizes a C-Corp structure that recently received positive feedback from the U.S. Securities and Exchange Commission (SEC). Previously flagged as conflicting with ETF rules, this model now aligns with recent SEC interpretations, especially after the regulator ruled in May that staking does not violate securities laws.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

This opens the door for innovative financial products in the crypto sector, starting with Solana and potentially extending to other altcoins.

SOL Price Surges as ETF Launch Nears

Following the announcement, SOL rallied over 6% to $158, marking a weekly gain of more than 12%. Despite the bullish sentiment, SOL is still trading 46% below its all-time high.

With a market capitalization of $83.5 billion, Solana is currently the sixth-largest cryptocurrency. Its growing dominance in the decentralized exchange (DEX) market — outpacing Ethereum in volume — adds to its momentum. Platforms like Raydium, Pump.fun, and Orca are playing a key role in this trend.

Bloomberg ETF expert Eric Balchunas recently noted that Solana is “leading the way” among a new wave of crypto ETFs expected to gain regulatory approval soon.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post First U.S. Staking ETF Launches Wednesday, Offers Exposure to Solana and Yield appeared first on Coin Engineer.

Maple Finance Expands To Solana!

Yigit Taha OZTURK — Fri, 06 Jun 2025 10:00:12 +0000

Decentralized finance (DeFi) platforms have become more than just an alternative — they are now a compelling choice for investors seeking to break free from traditional financial structures. In this competitive realm, blockchain networks that offer faster speeds and lower costs are leading the charge. The latest move comes from Maple Finance, setting its sights on new territory.

Strategic Move Into The Solana Ecosystem

On June 5, lending platform Maple Finance announced it is launching its yield-bearing stablecoin, syrupUSD, on Solana, extending beyond its prior availability on Ethereum. The deployment begins on Solana-based Kamino and Orca platforms.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Backed by an initial $30 million in liquidity, this launch aims to establish a robust foundation for lending, trading, and collateral services within the growing Solana DeFi ecosystem.

Powered By Chainlink CCIP

The integration is supported by Chainlink’s Cross-Chain Interoperability Protocol (CCIP), which went live on Solana’s mainnet on May 19. CCIP enables seamless data transfers between Ethereum Virtual Machine (EVM) and Solana Virtual Machine (SVM) environments, offering cost-effective scalability.

“Expanding to Solana unlocks a high-speed, high-capacity environment where Maple’s products can reach a broader class of users — from institutions to advanced DeFi participants,” said CEO Sid Powell.

Rising Competition On Solana

Solana’s decentralized finance landscape is booming. Its total value locked (TVL) has soared from $1.4 billion in December 2023 to $8.4 billion today — a 500% increase. This growth opens the door for platforms like Maple to gain ground.

With $1.3 billion in current TVL, Maple will now face competition from Solana-native lending protocols such as Save, margin.fi, Rain.fi, and Port Finance. While Ethereum remains dominant with $61.4 billion in on-chain assets, the race among blockchains for DeFi dominance is intensifying.

The post Maple Finance Expands To Solana! appeared first on Coin Engineer.

Upbit Listed This Coin: Price Increased by 127%!

Yigit Taha OZTURK — Fri, 21 Mar 2025 09:30:37 +0000

Global digital asset exchange Upbit has officially announced the listing of Orca (ORCA) on its platform. ORCA is now available for trading in KRW, BTC, and USDT markets.

ORCA Soars 127% After Upbit Listing

Following Upbit’s announcement in March 2025, ORCA experienced a significant price surge. Starting at $1.5, the token skyrocketed to $3.5, marking a 127% increase in value within a short period. This rally highlights growing investor interest in Orca’s CLMM-based DEX solutions and no-code token creation tools on Solana and Eclipse blockchains.

ORCA/USDT 1-minute chart.

Upbit has reminded users to ensure they select the Orca-Solana network for deposits and withdrawals. Any transactions made on an unsupported network will not be processed, and refund procedures may take considerable time. Additionally, only KYC-verified wallets are permitted for deposits and withdrawals.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

What is Orca?

Orca is a decentralized exchange (DEX) platform operating on Solana and Eclipse chains. Utilizing Concentrated Liquidity Market Maker (CLMM) models, it offers high liquidity and low fees for traders. Orca also provides a no-code token generation tool, lowering barriers for token issuance. The ORCA token functions as a governance token, granting holders voting rights on platform decisions.

The post Upbit Listed This Coin: Price Increased by 127%! appeared first on Coin Engineer.

Solana Maintains Leadership in DEX Volume for the Fifth Consecutive Month

Yigit Taha OZTURK — Mon, 03 Mar 2025 13:30:27 +0000

Solana (SOL) has once again outperformed all other blockchains in decentralized exchange (DEX) volume, maintaining its lead for the fifth consecutive month. This achievement highlights the rapid growth of Solana’s DEX platforms and their increasing appeal to users.

Solana’s Dominance in DEX Volume

As of 2025, Solana has demonstrated remarkable growth in the decentralized finance (DeFi) sector. According to on-chain data, Solana-based DEXs have consistently surpassed other blockchains in trading volume for five consecutive months. This surge has allowed Solana to outshine major competitors like Ethereum, BNB Chain, and Arbitrum.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Leading DEX platforms within the Solana ecosystem include Raydium, Orca, and Phoenix. These exchanges attract users by offering low transaction fees and fast execution times, making them an appealing alternative. Many traders have shifted to Solana due to Ethereum’s high gas fees and network congestion.

A Promising Future for Solana

Solana’s success in the decentralized exchange sector is a positive indicator of its long-term sustainability. Its ability to outpace competitors like Ethereum and BNB Chain strengthens investor confidence. However, market volatility and potential technical challenges remain risks for the ecosystem.

In the coming months, Solana’s DEX volume performance will depend on overall crypto market conditions and new projects within its ecosystem. Investors and DeFi enthusiasts continue to closely monitor Solana’s progress.

The post Solana Maintains Leadership in DEX Volume for the Fifth Consecutive Month appeared first on Coin Engineer.

Binance Lists Across Protocol (ACX) and Orca (ORCA)!

Tanju Akbıyık — Fri, 06 Dec 2024 13:00:01 +0000

Binance, the leading cryptocurrency exchange, continues to list new altcoins. With its latest announcement, the exchange announced that it will list Across Protocol (ACX) and Orca (ORCA) coins.

Binance, the world’s leading cryptocurrency and Bitcoin exchange, announced that trading for ACX and ORCA tokens will begin on December 6, 2024 at 16:00 (TSI).

According to the announcement, users can start depositing ACX and ORCA tokens into their Binance accounts immediately prior to trading. Token withdrawals will open on December 7, 2024 at 16:00 (TSI).

What is Across Protocol (ACX)?

Across Protocol (ACX): Across is an interoperability protocol that enables seamless data and asset transfer between blockchain networks.
ACX Smart Contract Address (Ethereum): 0x44108f0223A3C3028F5Fe7AEC7f9bb2E66beF82F

What is Orca (ORCA)?

Orca (ORCA): Orca is a decentralized exchange (DEX) running on the Solana blockchain.
ORCA Smart Contract Address (Solana): orcaEKTdK7LKz57vaAYr9QeNsVEPfiu6QeMU1kektZE
ACX and ORCA tokens are among the new projects with high volatility risk. Binance will apply the “Seed” tag for these tokens.

What is the Seed Label?

A seed label is a mark applied to innovative but potentially risky projects. This label provides an additional measure for traders to be aware of potential risks.

Users who wish to trade tokens with the Seed tag must pass the relevant Seed Test every 90 days and agree to the Binance Terms of Use.

The post Binance Lists Across Protocol (ACX) and Orca (ORCA)! appeared first on Coin Engineer.

Major Drop in Memecoins in the Solana Ecosystem!

Ahmet Bedirhan Arvas — Thu, 28 Dec 2023 08:09:32 +0000

Some tokens in the Solana ecosystem are experiencing a decline in value due to profit-taking. Especially in the last 24 hours, popular meme coins like BONK and the project ANALOS have faced drops of up to 12% under selling pressure from investors.

However, Solana’s native token SOL, after yesterday’s decline, saw some recovery by trading above $110. According to Coingecko data, within the last 24 hours, $11.9 million of long positions and $8.42 million of short positions were liquidated in Solana, indicating uncertainty in the market.

You should also look at this: Post.Tech Announced That It Will Conduct an Airdrop!

During the same period, Orca’s token ORCA and Jito’s JTO token also experienced significant losses of 7.95% and 5.08%, respectively. These declines indicate that other projects in the Solana ecosystem have been similarly affected.

The Solana ecosystem had seen rapid growth with tokens listed on major exchanges like Binance and Coinbase gaining extra attention. However, the recent downturns have partially slowed down this momentum. Additionally, the brief period during which Solana’s network fees surpassed Ethereum had also attracted attention.

All these developments highlight the sensitivity of token values in the Solana ecosystem to fluctuations and changes in investor risk appetite. Market participants may carefully review their portfolio strategies by closely monitoring future developments.

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Major Drop in Memecoins in the Solana Ecosystem! appeared first on Coin Engineer.