With a Rocketing Token and Tech Improvements, Solana Defies Odds Despite long odds and doubters, the Solana community, led by industry champion Anatoly Yakovenko, has defied the odds of defeat. Solana (SOL) co-founder Anatoly Yakovenko and his layer 1 network remained in the conversation in 2023 despite long odds and plenty of doubters. While Solana[Read more…]
Author Archives: SOLANA NEWS REPORT
A Crypto Plea for the Harmony of Blockchains This is the bombshell in the crypto sphere: Anatoly Yakovenko, the founder of Solana, has just made an unexpectedly mild statement regarding the Ethereum blockchain. While the two projects are often depicted as fierce competitors, Yakovenko sought to ease tensions during a notable address. Contrary to all[Read more…]
Solana’s Momentum Slowdown Amid Visa Partnership Excitement Despite a strong bullish rise at the beginning of November, Solana (SOL) has experienced a considerable slowdown in momentum in the past few days. This comes amidst high excitement surrounding its recent partnership with Visa, aiming to establish cross-border stablecoin payments. Starting at $39.52 on November 3, SOL[Read more…]
The Recent Performance of Solana (SOL) The price of Solana (SOL) has successfully weathered two challenging periods as sellers attempted to push the altcoin below the 21-day simple moving average. Solana’s Long-Term Price Prediction: A Period of Ranging Solana is currently demonstrating positive momentum, bouncing above the 21-day simple moving average. As of the latest[Read more…]
Key Points In the blockchain world, Solana (SOL) has become a leader thanks to a remarkable increase in Total Value Locked (TVL) during the last several weeks. Even though it has the seventh-highest TVL ranking out of all chains, a closer look at the data shows an interesting story. Solana’s network has outperformed its rivals[Read more…]
Anatoly Yakovenko Warns Against Ethereum Cold War Anatoly Yakovenko, the co-founder of Solana, has issued a warning about the potential for a cold war between Ethereum (ETH) and other blockchain networks. Yakovenko emphasized the damaging impact of negative campaigns against protocols labeled as “ETH Killers” on the overall blockchain ecosystem. “SOL and ETH Can Coexist”[Read more…]
Solana Founder Anatoly Yakovenko Warns Against “ETH Killer” Narrative Solana founder Anatoly Yakovenko has cautioned against certain community claims that perpetuate the Ethereum-killer narrative. He made a post on the X app, warning the public about sparking a cold war between Ethereum (ETH) and other protocols, including Solana (SOL), commonly referred to as ‘ETH Killers.’[Read more…]
Solana Coin: Should You Buy or Not? Solana (SOL) has exhibited robust performance in 2023, defying interest rate hikes and regulatory pressures impacting the US crypto market. As crypto investors navigate these dynamics, they are evaluating the potential of buying SOL in its current state. Solana Coin Chart Remarkably, investors have staked over 93% of[Read more…]
Jupiter Token Airdrop on Solana Blockchain Jupiter, a decentralized exchange (DEX) aggregator operating on the Solana (SOL) blockchain, has initiated initial requests for its JUP token airdrop. The airdrop aims to distribute 40% of the total supply of 10 billion JUP tokens in four phases. In the first phase, one billion Jupiter altcoins will be[Read more…]
Exploring the “New Solana Summer” Phenomenon Traders and analysts are actively discussing the recent surge in on-chain activity, marking the onset of what is being referred to as the “New Solana Summer.” Key metrics in the Solana ecosystem are experiencing a significant uptick, some even surpassing pre-FTX collapse levels. Notably, the NFTs and meme coin[Read more…]