Introduction Hardhat Chad, the pseudonymous creator of the Ore project, has suggested that the Solana Foundation offer a reward if it intends to incentivize testnet activity. Solana Network Congestion This suggestion comes after the Solana network faced congestion issues for nearly a week with a transaction failure rate as high as 75%. Hardhat Chad’s Proposal[Read more…]
Author Archives: SOLANA NEWS REPORT
16
Apr
Apr
In response to the mounting congestion issues plaguing the Solana network in recent weeks, a major network update has been rolled out for validators early Monday. Anza Unveils v1.17.31 Update Anza, the development team that emerged from Solana Labs earlier this year, made an overnight announcement unveiling the release of the v1.17.31 update for the[Read more…]
16
Apr
Apr
Significance of the $150 Threshold At the heart of this struggle lies the significance of the $150 threshold. For Solana, surpassing this mark would signify a strong bullish momentum, potentially opening the door to further gains. However, repeated failures to do so have raised concerns among investors, highlighting the resilience of this resistance level. Looming[Read more…]
15
Apr
Apr
The Launch of Blockchain for Good Alliance The Blockchain for Good Alliance (BGA) made its debut at the Blockchain Life Dubai forum, uniting various organizations and individuals committed to addressing social, environmental, and economic challenges through blockchain technology. Partners in this initiative include Bybit Web3, Solana Foundation, MoleDaos, and others. Mission of BGA BGA’s primary[Read more…]
15
Apr
Apr
The Challenge The Solana blockchain, renowned for its rapid transaction speeds, has faced recent challenges. Introduction of Solution Despite these obstacles, Solana developers remain undeterred. They’ve introduced version 1.17.31, the first step in their plan to alleviate congestion and enhance user experience. Addressing Network Congestion Version 1.17.31 marks the initial effort to combat Solana’s congestion[Read more…]
14
Apr
Apr
Solana Skyrockets by 735.5% and Captures Analyst Interest; FTM and KANG Unveil New Price Targets
14
Apr
Apr
Solana Records 735.5% YTD Climb Solana (SOL) has dominated the charts with a staggering 735.5% year-to-date (YTD) increase in value, suggesting potential breakthroughs beyond the $200 price threshold. Despite experiencing an 11% decrease in the past week, Solana’s price still fluctuates within the $170.06 to $189.78 range, as indicated by on-chart data. Analyst Recommendation: Altcoin[Read more…]
12
Apr
Apr
Analysts Riveted by Solana’s Striking Market Surge
11
Apr
Apr
Unlocking Q2’s Best Solana Airdrops: Transforming $10 into $100
10
Apr
Apr
Predicted Price Trends for Solana (SOL) as dogwifhat (WIF) Gains Momentum while InQubeta (QUBE) Readies for Crypto Dominance
