Solana News on July 11th, 2025

light set of news on this Friday

1. Bit Mining - Bit Mining plans to raise $200–$300 million to build a Solana treasury, shifting strategically into the Solana ecosystem and causing its stock to surge 350% in pre-market trading.

2. Canary - The U.S. SEC acknowledged Canary's spot ETF filing, sending the Solana-based token soaring nearly 30% to a 6-month high.

3. Bitrue - Bitrue launched USD1, a stablecoin backed by World Liberty Financial and associated with the Trump family, as a base trading currency.

4. MrBeast/SOL - The MrBeast/SOL memecoin led with a fully diluted valuation of $3.22 million among new crypto treasury companies.

5. TRUMP Meme Coin - Recent U.S. SEC guidelines could lead to a surge in ETF applications linked to assets like the Trump Meme Coin (TRUMP), shifting from resistance to approval trends.

6. Bullish - Bullish announced a partnership with the Solana Foundation to integrate Solana's native stablecoin into its custody, payment, trading, and settlement services, developing efficient on-chain financial infrastructure.