Grace Abidemi

U.S. crypto stocks are beginning to find stability as the crypto market transitions into a calm phase after a long period of volatility. The pre-market trading hours of the U.S. saw crypto stock prices generally begin to rise. Leading the way was SharpLink Gaming (SBET) which saw a rise of 3.28%, followed closely by Bitmine Immersion (BMNR) with an uptick of 2.19%. The largest crypto exchange in the country, Coinbase, saw its COIN stock rise a moderate 0.92%.

Metaplanet Inc., Asia’s largest Bitcoin treasury firm, has just released its financial report for the third quarter of the year. According to the official disclosure, the company realized a net profit of 12.7 billion yen, approximately $82 million. In addition to the net profit, the Japanese-based firm also saw a rise in revenue from sales, which stood at 2.401 billion yen, or approximately $15.5 million.

Solana price continues to trade in the red zone despite steady ETF inflows. Solana has been trading sideways over the past few days, mirroring the bearish sentiment in the crypto market. crypto.news data shows the token is currently hovering around $155, with losses of 2.41% and 1.37% on the weekly and monthly charts, respectively. Despite the ongoing correction, there has been a steady rise in Solana (SOL) ETFs since Oct 28.