Category Archives: Solana News

Rune Christensen’s Proposal for MakerDAO’s “Endgame” Rune Christensen, the founder of MakerDAO, has put forward an intriguing proposal in the realm of blockchain technology. He suggests utilizing a fork of the Solana blockchain for the final phase of Maker’s ambitious “Endgame” strategy, as detailed in his recent tweet and accompanying blog post. The NewChain Initiative[Read more…]

Expectations for Growth in Solana! Guy Turner, the host of Coin Bureau, stated in his recent remarks that Solana could experience a major uptrend due to competition from digital asset projects in the crypto space. The expert analyst said the following: Binance Coin Faces a Key Level! The investor also emphasized the importance of Binance[Read more…]

Blockchain-Based Smartphone Innovation The contrasting fortunes of these two blockchain-based smartphones show the growing interest in Ethereum’s mobile technology. Introducing Ethereum Phones Dubbed “Ethereum Phones,” these devices are powered by Google Pixel 7a hardware and run on an open-source operating system named ethOS, a clever fusion of “Ethereum operating system” and the Greek word for[Read more…]

The Changing Landscape of Solana ($SOL) Trading The price of Solana ($SOL) has experienced a 5% decline this week, testing support just above the $20 mark. Over the past two weeks, the cryptocurrency has seen a further drop of 12%, as traders are diverting their attention from the Solana ecosystem to explore lesser-known alternatives that[Read more…]

Dogecoin (DOGE) and Solana (SOL) Recovery Amid Market Turmoil Dogecoin (DOGE) and Solana (SOL) are currently in the process of recuperating from the recent downturn triggered by the crash on August 17. Their respective network activities had maintained robust levels, leading analysts to anticipate a swift recovery. However, an additional challenge for Solana arises from[Read more…]

Solana’s Year-to-Date Performance Despite spending the majority of 2023 in a sideways trend, Solana has maintained an impressive year-to-date growth of 112%. This notable performance places SOL among the few blue-chip cryptocurrencies that have sustained a triple-digit YTD growth, instilling optimism for a potential short-term recovery rally. Current Price Analysis The current SOL price finds[Read more…]

Shiba Inu’s Potential Short-Term Uptrend The realm of cryptocurrency sees its price narratives shifting, with volatility ignited by Exponential Moving Averages (EMAs) in focus. Shiba Inu’s journey, particularly the crossings of its 21 and 50-day EMAs, unfolds as a telling tale. A bullish signal often accompanies the 21 EMA surging above the 50 EMA, hinting[Read more…]

Solana (SOL) Powers New Mobile Phone Plan Helium, a decentralized wireless network crypto project on the Solana (SOL) blockchain has launched a new Plan. The new mobile phone plan works on the Solana Web 3 Mobile phone and costs only $5 per month (taxes and fees). The plan offers unlimited talk, text, and data to[Read more…]

Eventful Week for DeFi! Let’s dive deeper into what went down in DeFi this past week. Overview: Sentiment Continues to Sink Total value locked (TVL) across all chains continues the downtrend, shedding another 2.5% as market sentiment prolongs its decline. Noteworthy exceptions to the trend are ConsenSys-backed L2 chain, Linea, which experienced a 40% swell[Read more…]

High Galaxy Score Paves the Way The High Galaxy Score of Solana positions it favorably for potential upward movement. This score not only indicates market health but also suggests a bullish sentiment that holds weight, backed by a surge in social engagement. NFT Ecosystem and Network Stability Amid the challenges posed by the market downturn,[Read more…]