Solana News Update for Aug 19, 2025
• Coinbase Launches $SOL Futures, U.S.-regulated perpetual futures with 5× leverage aim to boost liquidity and institutional adoption.
• LYS Labs Raises $4M, Building an AI-powered intelligence layer on Solana, enabling faster blockchain data processing.
• $BONK Down 45%, Meme coin on Solana plunges amid institutional selling and broken support levels.
• $SOL Price at Key Support, Trading near $180; holding could spark a rebound, breaking down may push it to $157–$126.
• Solana ETF Delayed, SEC pushes decision on Solana ETF applications to October 2025.
