Author Archives: SOLANA NEWS REPORT

Phantom Adds Ethereum and Polygon Support to Cryptocurrency Wallet Phantom, a cryptocurrency wallet for Solana blockchain users, has announced that it will begin public support for the Ethereum and Polygon blockchains on May 1 at 9 a.m. EST across browsers, iOS, and Android. This move will give the company’s 3 million customers access to multichain[Read more…]

Helium’s IoT Token Surges by 370% after Successful Migration to Solana Blockchain In the last 24 hours, Helium’s IoT token has surged by more than 370% after the successful transfer of the protocol to the Solana blockchain. The migration period for Helium blockchain began on April 18th and ended 24 hours later, during which time[Read more…]

The Solana Foundation Integrates New Artificial Intelligence Tool into its Ecosystem The Solana Foundation was founded by SOL developers, and it is one of the biggest rival blockchain networks to Ethereum. In keeping up with the trend of the artificial intelligence movement that started with ChatGPT, the Solana Foundation has integrated a new artificial intelligence[Read more…]

Bitcoin-Native Startups Outperform Crypto Sector in VC Deals, Says Trammell Venture Partners Report According to a report released by Trammell Venture Partners on Thursday, Bitcoin-native startups are outperforming the overall crypto sector in terms of venture capital deals. While the number of crypto venture fundraising deals rose 1% in 2022 from the previous year, deals[Read more…]

Solana Witnesses Decline in Active Accounts Solana, in the past 90 days, experienced a decline in the number of active accounts in terms of fee payers. A decrease in the number of fee payers directly affects a network’s revenue. However, Solana has made recent efforts to improve the blockchain, which can change the current scenario.[Read more…]

The Viability of NFTs on Polygon Chain: Recent Concerns and Potential Growth The Non-Fungible Token (NFT) market has experienced tremendous growth in recent years, with many investors and artists flocking to the space to create and trade unique digital assets. However, there have been recent concerns about the viability of NFTs on the Polygon chain,[Read more…]

OpenAI’s ChatGPT to Enable Interactions with Solana Blockchain Users of the Solana (SOL) blockchain will soon be able to interact with the network through an open-source plugin enabled on OpenAI’s ChatGPT, an artificial intelligence (AI) chatbot. According to a tweet by Solana Labs on April 25, the plugin will allow ChatGPT to check wallet balances,[Read more…]

Solana Network Users Can Connect via Open-Source Plugin on ChatGPT Solana Labs is a blockchain firm that is now focusing on Artificial Intelligence. On April 25, 2023, the company announced that it would offer $1 million in funding for projects that create AI tools on Solana. One of the new features that Solana Labs has[Read more…]

Solana Foundation Now Collecting Real-Time Carbon Emission Data The Solana Foundation recently announced that it has started collecting statistics on its carbon emissions in real-time. This move is considered to be a first for a major smart contract blockchain network. Smart contracts store the code that runs Dapps and NFT projects. Solana will regularly update[Read more…]

The Solana Foundation’s Initiative to Track Carbon Emissions from Blockchain Carbon emissions from blockchain networks have become a hotly debated issue over the last few years. With a large network of servers and computers, they guzzle enormous amounts of electricity to execute transactions and mint new tokens. Bitcoin [BTC], for instance, emitted a whopping 54[Read more…]