Solana [SOL] Consolidates Within $20 – $22 Range Amidst Bullish Sentiment Solana [SOL] has been closely following the movements of Bitcoin [BTC], as it continues to consolidate within the $20 – $22 range, while BTC trades within the $26.8K – $28.8K range in recent days. Despite this consolidation, there is a prevailing bullish sentiment as[Read more…]
Author Archives: SOLANA NEWS REPORT
06
Apr
Apr
Injective Unveils Cascade: The First Interchain Solana SVM Rollup Injective, a decentralized exchange and layer-2 protocol, has announced the release of Cascade, the first-ever Solana Sealevel Virtual Machine (SVM) rollup for the inter-Blockchain Communication (IBC) ecosystem supported by Cosmos. This new integration will bring the SVM into the broader Cosmos ecosystem, a decentralized network of[Read more…]
06
Apr
Apr
The Rise and Fall of Solana’s Price: Overcoming FTX Fiasco The price of Solana (SOL) took a hit in 2022, falling nearly 95% partly due to its association with the tainted reputation of crypto entrepreneur Sam Bankman-Fried and his collapsed ventures, FTX and Alameda Research. However, in 2023, SOL’s price has rebounded, making impressive gains[Read more…]
06
Apr
Apr
DeGods NFT Migration to Ethereum: Impact on NFT Trading Volume DeGods NFT, a popular NFT project, has officially migrated from Solana to Ethereum on April 1, 2023. This migration has not been without controversy, as it faced challenges from Dust Labs. In the last 24 hours since the migration, the impact on Ethereum NFT trading[Read more…]
05
Apr
Apr
Worldline Joins the Web3 Ecosystem The Web3 ecosystem is rapidly growing with firms trying to secure their spot in this environment. In line with this development, Worldline, a leading global payment service platform, has launched a strategic initiative on the Solana blockchain to enable projects on Solana to access Worldline’s payment platform. Bringing Global Payment[Read more…]
05
Apr
Apr
Institutional Investors Dump BTC and ETH Products While Increasing Bets on XRP, SOL, LTC, and MATIC Institutional investors have been shifting their focus from investing in Bitcoin and Ethereum to altcoins, with products that provide exposure to XRP, Solana, Litecoin, and Polygon seeing increased bets, according to CoinShares’ Digital Asset Fund Flows report. The report[Read more…]
05
Apr
Apr
Solana Witnesses Surge in Unique Contracts Deployment, Implying Arrival of New NFTs Solana, a smart contract blockchain network, has experienced an increase in unique contracts deployed, indicating sustained development activity on the platform, as per Artemis data. At the time of writing, 75 unique contracts were active on the network, reflecting the level of deployment[Read more…]
18
Mar
Mar
SafeSwap is pleased to announce a series of positive updates, which have been shared in the SafeSwap News & Updates group. The DeFi CMS is nearing completion and is almost ready for a full launch. Several examples are currently in development, including: whexdex.comtw.qhomelab.nlbelifex.safeswap.onlinememenft.safeswap.onlinertdoge.safeswap.online While there are still some issues in the core, the great news[Read more…]
11
Oct
Oct
Matthew Stotts (Cerulean Ventures) and Brendan O’Connell (Patch) explore how blockchain technology is revolutionizing the historical inefficiencies of carbon markets.This episode is part of a 3-part series that examines the climate crisis and the role that web3 communities might play in providing solutions.
28
Sep
Sep
Things to know: – The Transfer of Funds Regulation (TFR) aims to prevent payment systems from being used to launder money or finance terrorism, a commendable goal we fully support. – First applied to traditional payment systems in 2015, the TFR is being expanded to also cover transfers of crypto assets. This is the EU implementation of[Read more…]
