Author Archives: SOLANA NEWS REPORT

The MakerDAO Announcement MakerDAO’s co-founder, Rune Christensen, has put forth a groundbreaking proposal for the project—a dedicated network. While numerous applications currently operate on the Ethereum network, there has been a noticeable trend in the DeFi space, with platforms striving to establish themselves on their own main networks, especially over the past year. Despite MakerDAO’s[Read more…]

Token Movement via Wormhole Bridge Tokens such as LINK, SUSHI, LUNA, and YFI are among the assets that are being moved using the Wormhole bridge. The activity, which commenced on August 31, has been ongoing and raises questions about whether it signifies a broader strategic move or a consolidation of wallets by FTX. An FTX[Read more…]

MakerDAO Co-founder’s Vision for NewChain MakerDAO co-founder Rune Post has suggested exploring a fork of the Solana codebase for NewChain, the proposed new independent blockchain for the Maker protocol. According to Post, Solana is the most promising codebase for this project, but Cosmos is also under consideration. The Endgame Plan and NewChain This move is[Read more…]

Rune Christensen’s Bold Proposal Rune Christensen, the co-founder of MakerDAO, has made a significant proposal for the future of the decentralized finance project. He suggests that MakerDAO’s upcoming native chain should be built upon a fork of Solana’s codebase instead of the Ethereum Virtual Machine (EVM), despite MakerDAO’s long-standing ties with Ethereum. MakerDAO’s native chain,[Read more…]

FTX’s Solana (SOL) Holdings and the Proposed Solution Amid concerns of a potential sell-off, the new management of the collapsed crypto exchange FTX is showing signs of moving its significant holdings of Solana (SOL) tokens. Solana’s co-founder has put forward a “win-win” solution to address this situation. Data shared on Twitter reveals that FTX’s cold[Read more…]

Solana’s Potential “Sweep the Lows” Scenario According to Cowen, Solana is likely to “sweep the lows,” a term often used in technical analysis to describe a situation where an asset’s price revisits its previous low points before potentially rebounding. This phenomenon is particularly common among altcoins during what Cowen refers to as the “secondary scare[Read more…]

Final Phase of “Endgame” Announced MakerDAO is reaching the culmination of its ambitious “Endgame” plan, aimed at establishing a series of independent subDAOs within its broader ecosystem. In a recent announcement by MakerDAO co-founder Rune Christensen, it was revealed that the final stage of “Endgame” will involve a comprehensive reimplementation of the entire Maker Protocol,[Read more…]

Rune Christensen’s Proposal for MakerDAO’s “Endgame” Rune Christensen, the founder of MakerDAO, has put forward an intriguing proposal in the realm of blockchain technology. He suggests utilizing a fork of the Solana blockchain for the final phase of Maker’s ambitious “Endgame” strategy, as detailed in his recent tweet and accompanying blog post. The NewChain Initiative[Read more…]

Expectations for Growth in Solana! Guy Turner, the host of Coin Bureau, stated in his recent remarks that Solana could experience a major uptrend due to competition from digital asset projects in the crypto space. The expert analyst said the following: Binance Coin Faces a Key Level! The investor also emphasized the importance of Binance[Read more…]

Blockchain-Based Smartphone Innovation The contrasting fortunes of these two blockchain-based smartphones show the growing interest in Ethereum’s mobile technology. Introducing Ethereum Phones Dubbed “Ethereum Phones,” these devices are powered by Google Pixel 7a hardware and run on an open-source operating system named ethOS, a clever fusion of “Ethereum operating system” and the Greek word for[Read more…]