Author Archives: SOLANA NEWS

NFT vending machines are another attempt to mainstream the use of NFTs by making it easy for pedestrians to purchase NFTs, just like drinks and snacks. NFT Vending Machine by Matt Deco With Holaplex During the recent Solana Miami Hacker House, Holaplex made Non-Fungible Tokens (NFTs) vending machines available for the general public so people could purchase NFTs just[Read more…]

A string of developments, even while enjoying the lion’s share of the market on Solana, has ensured that Magic Eden is beginning to surpass important milestones. Solana’s Premier NFT Marketplace Magic Eden has seen its volume soar past 10,000,000 SOL, and the team has no intention of resting on its laurels.  With the team having raised $27[Read more…]

Genopets is attempting to successfully gamify fitness and movement by creating an engaging ecosystem for the members of the Solana community. Introducing Genopets Genopets is the world’s first Free-to-Play, Move-to-Earn NFT game that rewards users for maintaining an active lifestyle. It is primarily built on the Free-to-Play mobile gaming model, which aims to target a[Read more…]

Friktion´s Entropy uses Pyth to index the prices of its perpetuals and power perpetuals. Solana Majors Build Together The DeFi hedge fund Friktion partners with the Solana oracle network Pyth to power Entropy, a decentralized exchange focused on giving traders tools to trade volatility.  Pyth congratulated Friktion for the release of the DEX on April[Read more…]

Solend protocol is attempting to become a mainstay of the Solana ecosystem by emulating the strategies Aave and Compound have done on Ethereum. Introducing Solend Solend is a decentralized finance (DeFi) protocol designed to enable borrowing and lending on the Solana network. The protocol generates interest rates algorithmically. Solend is attempting to capture significant market[Read more…]

The event involved almost 7000 participants completing 550 final projects divided across six categories. Solana Ventures Announces Winners As a recent development, Solana Ventures has announced the winners of the Riptide Hackathon, which took place between February 2 and March 17 across multiple categories.  Solana shared the list of winners through Twitter and an accompanying[Read more…]

The partnership may well be the first step in establishing $CMFI as an important listing for top-tier exchanges.  Strategic Partnership Confirmed CompendiumFi has officially announced its new strategic partnership with Alameda Research; the move is likely to aid the team in its goal of creating synergetic relationships with leading exchanges.  The exciting announcement was confirmed[Read more…]

The PlayandEarn GameFi Dapp launched a minute long video detailing the origin of the Tinyverse. Origins of the Tinyverse Tiny Colony, a Solana based blockchain gaming project, launched the first episode of its video production called ‘Tiny Tales’. The Tiny Colony team launched the series through a tweet on April 12. In the one minute[Read more…]

A total of 5,000 generative Surfers NFTs will be minted and launched on Solana through Burnt Finance Ignition Launchpad Surfers NFTs by Serum The much-awaited Serum Surfers NFTs will be available for minting on Burnt Finance Ignition Launchpad from April 19, 2022. ‍Serum announced the update with a Twitter thread and an accompanying Medium article[Read more…]

The platform introduces the first strategy leveraging Power Perpetuals and suggests it will add more in the future. A Quant Strategy for Slow Markets Friktion launches a new automated trading strategy to generate returns in sideways markets.  The protocol announced that the “Crab Strategy” Volt is live on April 11 via Twitter. Under the hood,[Read more…]