The Rise of Digital Currencies and Environmental Concerns The rise of digital currencies has ignited a debate on the crypto impact on the environment. With different blockchain technologies like Bitcoin, Cardano, and Solana, the environmental implications of each must be considered before they are ready for mass adoption. As regulatory scrutiny heightens worldwide, it is[Read more…]
Author Archives: SOLANA NEWS REPORT
01
May
May
Helium’s Migration to Solana: Enhancing Stability and Scalability Helium, an Internet of Things (IoT) project, is currently in the process of transitioning from its blockchain roots to Solana — a blockchain network known for its speed and scalability. According to an official announcement made on April 18th, the purpose of this major migration is to[Read more…]
30
Apr
Apr
Top Cryptocurrencies: Bitcoin, ICP, and Solana Drive Promising Market-Wide Surge This Week
30
Apr
Apr
Mad Lads Gave Solana NFTs a ‘New Heartbeat’ After Losing DeGods: Coral CEO Mad Lads is the biggest thing in NFTs right now, as the Solana profile picture (PFP) project overcame alleged extortion threats and DDOS attacks to mint out last week—and has generated over $15 million worth of trading volume since. It’s a bright[Read more…]
29
Apr
Apr
Emerging Blockchain Rival: Project X Poised for 10x Growth Surpassing Solana (SOL) in May 2023
28
Apr
Apr
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…]
28
Apr
Apr
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…]
28
Apr
Apr
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…]
28
Apr
Apr
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…]
28
Apr
Apr
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…]
