Author Archives: SOLANA NEWS REPORT

Coinbase Integrates with Solana for Faster Transactions Cryptocurrency exchange Coinbase is set to integrate with Solana (SOL) as part of its ambitious initiative to streamline transactions on its platform, aiming for speeds “under a second and a dime,” as revealed by CEO Brian Armstrong. Armstrong elaborated on the company’s strategy, indicating the intention to integrate[Read more…]

The Current Crypto Landscape The crypto market is experiencing a surge as bullish momentum takes over, propelling tokens beyond their resistance levels. Bitcoin is approaching the critical $39,000 mark, while altcoins are consolidating within their respective ranges. Solana Price Consolidation Meanwhile, Solana’s price is heavily consolidating below a major resistance at $61.49. This situation indicates[Read more…]

Solana’s Resurgence in User Count Solana (SOL) is experiencing a remarkable resurgence in its user count, reminiscent of its pre-FTX implosion levels. This surge reflects a promising trend that foretells a wave of enthusiasm and anticipation. Shift in Growth Expectations The platform’s recent strides in total address count are notable, especially considering they’ve materialized without[Read more…]

Exploring Jupiter’s Airdrop Allocations Users can now check how much JUP token they’re entitled to claim through DeFi platform Jupiter’s upcoming airdrop. Solana-based decentralized finance (DeFi) aggregator Jupiter commenced its much-anticipated airdrop on Friday—and revealed to users how many of the 4 billion total JUP tokens up for grabs that they can expect to receive.[Read more…]

The Dynamic World of Cryptocurrencies In the dynamic world of cryptocurrencies, where market sentiments often dictate the flow, Solana has been a notable player. Its recent price movements, however, have set off a ripple effect, prompting a closer look at the implications for investors and the broader crypto ecosystem. Solana: Beyond the Surface Numbers Solana,[Read more…]

Solana (SOL) at a Tipping Point Solana (SOL) is currently at a tipping point, facing the risk of a downtrend, which is concerning for the protocol’s HODLers. As of the latest update, the coin is trading at $59.76, reflecting a 0.97% decrease in the last 24 hours. This potential downtrend is possibly linked to whale[Read more…]

Thor Hartvigsen’s Analysis Thor Hartvigsen, a DeFi researcher and Business Development professional at Redacted Cartel, shared a detailed analysis into the potential of Solana to achieve mass adoption today. Hartvigsen’s examination focuses on the technical aspects and key developments (apart from price speculation) within the SOL ecosystem that might pave the way for its widespread[Read more…]

Solana (SOL) Gearing Up for a Breakout Solana (SOL) and Bittensor (TAO) are playing starring roles in this crypto bull market. $SOL looks to be gathering itself for a break higher while $TAO is not letting up in its recent surge towards a new all-time-high. Everything appears to be rolling along nicely into what could[Read more…]

Price Surge in Altcoin Solana Exceeds 500% In the continuously evolving environment of cryptocurrency, Solana has witnessed an extraordinary surge in price, with an increase of over 500% in 2023. This significant gain reflects the growing confidence and interest in the Solana ecosystem, positioning it as a formidable player in the competitive crypto market. Investors[Read more…]

Solana NFTs Propel with $1M Inflow, Fueled by Ethereum Transactions Solana (SOL) has become the epicenter of the latest market frenzy, garnering attention for its unprecedented growth in Non-Fungible Tokens (NFTs). The Solana blockchain ecosystem has witnessed a remarkable surge, notably in the value of its native token, SOL. In a recent revelation, Solana NFTs[Read more…]