Solana Buyers Hold Strong at $20 Support Despite Persistent Bearish Trend Solana bulls managed to force a bullish market structure break on 5 May when they succeeded in breaking the previous lower high at $22.4. After this, the sentiment across the crypto market became bearish. It came after Bitcoin [BTC] faced rejection at $29.6k, and[Read more…]
Author Archives: SOLANA NEWS REPORT
12
May
May
Solana’s Potential Comeback: Analyzing Network Activity Solana [SOL] has experienced significant challenges in the past, including frequent downtimes and the migration of prominent NFTs to other protocols. These obstacles posed a formidable challenge for the protocol. Will Solana Make a Comeback? Despite these setbacks, there has been a notable increase in activity on the Solana[Read more…]
10
May
May
Basketball Icon Shaquille O’Neal Faces Lawsuits in Crypto and NFT Sphere Basketball icon Shaquille O’Neal was delivered legal papers for two separate lawsuits in the broader crypto and NFT realm on Tuesday—and was served while broadcasting an NBA game at what once was Miami’s FTX Arena. Lawsuit Involving FTX Promotion and Celebrity Endorsements One of[Read more…]
10
May
May
Mini Royale: Nations – A Fun First-Person Shooter Looking for a browser-based shooter to play on your lunch break at work or while at school? Mini Royale: Nations might be the game for you. The free-to-play first-person shooter, built by Web3 game studio Faraway, adopts a Fortnite-esque cartoonish art style with fast-paced, run-and-gun, Call of[Read more…]
09
May
May
MechaFightClub NFT Game Put on Hold Indefinitely Amid US Regulatory Uncertainty MechaFightClub, an NFT game from Irreverent Labs on Solana, is halting development indefinitely because its makers believe that crypto’s future in the United States is too uncertain right now amid regulatory challenges. “We don’t see a clear path forward to launch the economy from[Read more…]
09
May
May
Just months after Solana-themed stores closed, Solana Labs announces new office space Just months after Solana-themed brick and mortar stores in New York and Miami closed, Solana Labs has announced new office space. The company that works on the blockchain tech behind the 10th largest cryptocurrency by market cap will today open a 25,000-square-foot, 4-story[Read more…]
08
May
May
The Solana NFT Landscape: Tensor Surpasses Magic Eden The Solana NFT space received a significant boost with the launch of Mad Lads in late April, a popular profile picture (PFP) collection that quickly rose to the top of the market. However, amidst the trading surge, Tensor, a newcomer in the marketplace, managed to surpass the[Read more…]
08
May
May
DeFi Platform Hxro: Gaming and Crypto Meet in Degen Heaven Decentralized finance (DeFi) platform Hxro has recently announced the establishment of a new studio called Bitblox Games. This studio aims to develop on-chain, player-versus-player (PvP) gambling games that leverage Hxro’s Solana-based platform. In a blog post on Thursday, Hxro revealed that Bitblox Games is the[Read more…]
07
May
May
Solana Makes its Mark in the AI Industry: Assessing SOL’s Response to the Announcement
07
May
May
Will SOL’s Price Reach $7.07? Solana Price Prediction
