Author Archives: SOLANA NEWS REPORT

Current State of the Cryptocurrency Market Currently, the world of cryptocurrency is undergoing a tumultuous period as seen through Bitcoin’s recent plunge below $36,000. This downturn, primarily influenced by the SEC’s postponement of a decision on spot BTC ETFs, has left the market in a state of anticipation, potentially stalling momentum until early January. In[Read more…]

Solana Users in for a Treat with Jupiter Airdrop Solana users could be in for another treat following the blockchain’s recent boom: Nearly one million SOL wallets are eligible for four billion tokens from decentralized finance aggregator Jupiter. The four billion tokens represent 40% of Jupiter’s total JUP tokens, as announced on X (formerly Twitter)[Read more…]

Concerns Raised by CertiK Blockchain security firm CertiK recently released a video that raised concerns about a potential security vulnerability in Solana’s crypto-enabled Saga phone. CertiK claimed that the Saga phone contained a “critical vulnerability” known as a “bootloader unlock” attack, which they suggested could allow malicious actors to install a hidden backdoor in the[Read more…]

Ethereum Attracted $58 Billion, 2X Solana Market Cap According to a crypto enthusiast on X, Ethereum and Solana represent different classes in the cryptocurrency space. Despite Ethereum’s price remaining relatively stable in the last month of trading, it has managed to draw significantly more capital from the community compared to Solana, the fourth-generation blockchain. On[Read more…]

CertiK Allegations and Solana Labs’ Response Blockchain security firm CertiK recently claimed that Solana’s Saga smartphone harbors a critical “bootloader vulnerability.” Solana Labs, however, disputes these allegations, asserting that the claims are entirely inaccurate. CertiK’s Claims and Solana’s Response In a video released on November 15 and posted on X (formerly Twitter), CertiK alleged that[Read more…]

Solana (SOL) Rally: Exploring the Catalyst Behind the Surge Solana (SOL) has once again emerged as one of the top gainers among major cryptocurrencies, witnessing a remarkable price increase of over 18%. But what exactly fueled this substantial rally in the altcoin, which boasts a market value of $27 billion? It appears that the recent[Read more…]

The Crypto Market Anticipates Bitcoin Spot ETF Approval With the imminent approval of the Bitcoin Spot ETF, the cryptocurrency market is experiencing a surge in optimism, eagerly embracing positive developments. Recently, Cathie Wood, the CEO of ARK Invest, praised the Solana blockchain for its speed and efficiency, contributing to a notable increase in SOL prices.[Read more…]

Solana Dismisses CertiK’s Findings Solana Labs has dismissed a recent video by CertiK, stating that the blockchain security firm made several inaccurate claims about a potential security vulnerability in Solana’s Saga phone. Saga Phone Overview Saga is Solana’s crypto-enabled Android phone and was released in April. The phone is designed to pair Web3 with smartphones.[Read more…]

SOL Coin Price Analysis: Prospects for Sustained Upward Momentum After the rapid recovery of Bitcoin price from $34,800, the price of SOL Coin has also started to rise again. During this recent uptrend, SOL Coin has caught attention with its rapid recovery trend. Moreover, we can see that the price has increased despite FTX sales.[Read more…]

Solana Ecosystem Overview after FTX Crisis Solana, the thriving blockchain network, boasts a vibrant ecosystem of decentralized exchanges (DEXs), each offering unique features and benefits to the crypto community. Today, we will learn about the top 5 best Solana DEXs in 2024 through this article. Influence of DEX on Solana In a matter of mere[Read more…]