A glimpse of the NFT market showed that neither Ethereum [ETH] nor Solana [SOL] was the best performing chain over the last 24 hours. Surprisingly, Binance Coin [BNB] took center stage out of the top three, according to CryptoSlam. Ordinarily, the NFT community would not expect BNB to overtake ETH or SOL in sales volume. Of course, that was the case. However, traders’ participation,[Read more…]
Author Archives: ambcrypto.com
01
Sep
Sep
Solana [SOL] is slated to become the next home for the Helium network. The announcement made by the Helium Foundation was part of a new proposal dubbed HIP 70. If approved, it will mark the start of a robust partnership between the two decentralized networks. The announcement marks an important milestone for the two networks, especially[Read more…]
19
Aug
Aug
Solana [SOL] kicked off this week in a bearish tone after peaking at $48.38 on 13 August. Fast forward to the present and it is about to fall below $40 if the bears continue their assault. However, the altcoin just retested a short-term resistance line, which might yield some upside. SOL has been trading within its[Read more…]
02
Aug
Aug
The case of Solana has increasingly become interesting in the past few days. According to data from DefiLlama, the total value locked in Solana’s DeFi has dropped by around $600 million since 31 July. Solana’s DeFi TVL started the month at $2.15 billion but was down to $1.56 billion at press time. This has gone on to[Read more…]
25
Jun
Jun
The Solana Foundation has taken a huge leap recently. They have finally released the launch of Saga, the latest addition to Web3. And, SOL’s prices have been reacting positively. Back in the game In an interesting development, Solana has released its flagship mobile phone, Saga. The $1000 android mobile phone will be the latest addition[Read more…]
08
Jun
Jun
Solana [SOL]’s downfall has been surprising to investors all around the world since the blockchain was hyped to the point where it ended up becoming the fifth-largest cryptocurrency in the world at a given time. However, the token didn’t live up to its hype, and investors’ interest started waning. The current state of the altcoin[Read more…]
08
Jun
Jun
Solana is in the news today after it unveiled a new $100 million fund for South Korean web3 entrepreneurs. The funds were raised equally by Solana Ventures and the Solana Foundation, a Swiss organization that promotes the network’s growth. They’ll be used to fund and support a variety of South Korean crypto-companies, with a particular[Read more…]
