Approximately 4 million inbound transactions per second caused the network to exceed 100gbps. Block Production on Solana Halted Solana network was taken down by bots as Non-Fungible Token (NFT) demand overspilled across an array of protocols on the same day. According to Solana, the Mainnet Beta lost consensus on May 1, after a large volume[Read more…]
Author Archives: SOLANA NEWS
01
May
May
The partnership between the innovative heavyweights will work toward establishing a seamless route between the protocols for users. Cross-Platform Collaboration Star Atlas will be partnering with The Sandbox in a bid to revolutionize GameFi interoperability between Ethereum and Solana. A press release from Star Atlas on April 27 stated that the relationship between the two[Read more…]
01
May
May
The double mint activity is back but with the chance of picking up an NFT increased by an astonishing 300%. Good News for Fitness Freaks StepN is set to bring back the double mint activity to ensure more incentives for its users. The Web3 fitness protocol noted in a recent tweet on April 29 that[Read more…]
01
May
May
After the two private sale rounds in February and March—which sold 40 million $HTO tokens for 4.5 million USDC—it’s time for the public sale. $HTO’s Imminent Double IDO Solana metaverse Heaven Land launches its Initial DEX Offering (IDO) on two major launchpads – Magic Eden and Cropper’s Fertilizer. The virtual reality project announced the dual[Read more…]
29
Apr
Apr
While there will be bigger exchanges to aim for, Huobi and Gate.io represent a significant portion of user trading in the crypto world. Legends of Elumia will enjoy more exposure due to having had their token listed. Listings for Legends of Elumia Play-to-Earn project Legends of Elumia has seen its native token $ELU made available[Read more…]
29
Apr
Apr
An Extension was put in place as users scurried to mint their whitelisted Tiny Colony Characters, putting the network under strain. The public round continues after whitelisted users eventually snap up their NFTs. Character Mint Kicks Off Tiny Colony began its long-awaited Character Mint on Fractal and saw Solana’s network unable to keep up with[Read more…]
28
Apr
Apr
The partnership will enable a better swapping experience for holders of NFTs on the Bridgesplit platform. Boost for Solana NFTs Bridgesplit aims to increase the utility of Non-Fungible Token (NFTs) in the Solana ecosystem through a partnership with Jupiter. The Solana based NFT financialization platform announced on April 26 that the protocol is partnering with Jupiter, the Decentralized Exchange (DEX) aggregator, to simplify[Read more…]
28
Apr
Apr
The new game mechanics create multiple “sinks” for players’ steps, creating a more enjoyable game and a more sustainable economy. Complex Genoverse Mechanics The MoveToEarn (MVE) game – Genopets – released the game mechanics litepaper, detailing how the in-game economy will work. The team introduced the paper on April 27 via Twitter. It complements the original whitepaper and dives deeper into gameplay mechanics.[Read more…]
27
Apr
Apr
Currently, Samoyedcoin has more than 56000 holders without relying on bots and instead focusing on community building. Solana’s Memecoin Samoyedcoin, launched last year in honor of the crypto mogul Sam Bankman-Fried and the Solana Co-Founder Anatoly Yakovenko during the rise of memecoins and Solana, has completed one year on the Solana. Samoyedcoin recently released a Twitter[Read more…]
27
Apr
Apr
With the mainnet getting closer, Cypher adds crypto pair futures and indices to its devnet. Creating New DeFi Markets Synthetic asset protocol—Cypher—is launching crypto pair futures, allowing users to trade the relative performance of two digital assets. The team announced on April 25 via Twitter the launch of the first two trading pairs. SOL/ETH and SOL/LUNA will[Read more…]
