Solana’s Total Value Locked (TVL) and Revenue Growth Solana’s Total Value Locked (TVL) has been experiencing a continuous rise since the beginning of this year. As of January 2023, the metric reached its highest value, indicating a high number of assets being staked on the Solana blockchain. This growth in TVL was accompanied by a[Read more…]
Category Archives: Solana News
The Transition from CELO to Ethereum The developer company behind the Celo blockchain, CLabs, had expressed its intention to transition Celo from an independent layer 2 network to an Ethereum layer 2 solution. Following this announcement, the proposal was officially presented for voting. As we previously reported, these developments led to an increase in the[Read more…]
Solana (SOL) Price Prediction: Analyzing the Factors Behind its Projected Growth Famed for its swift transaction processing prowess, Solana (SOL) enjoyed a substantial upswing during the 2021 cryptocurrency bull run, providing early backers with an astonishing 6,000% return within months. However, the tide turned dramatically in 2022 when Solana’s (SOL) price took a hit, largely[Read more…]
veiling the TokenWhistle Public Presale TokenWhistle, a trailblazer in the world of crypto tokens, is excited to announce the commencement of our public presale. This event marks a critical milestone in our journey to revolutionize the crypto market. Starting from 19th June 2023, until 26th June 2023, 21:00 UTC, this presale provides potential investors with[Read more…]
Introduction Just over two months after completing a $155 million acquisition of trading infrastructure provider Apex Crypto, the New York–based digital assets platform Bakkt is delisting three of the largest cryptocurrencies by market cap: Solana, Polygon, and Cardano. Proactive Measures Bakkt general counsel and secretary Marc D’Annunzio told Fortune in a statement the company was[Read more…]
Rumor Hard Fork Solana Rumors of a hard fork in Solana have spread widely and become a hot topic of discussion in the crypto community. This information first emerged on several discussion forums and social media, suggesting that the hard fork was meant to improve the platform’s efficiency. Despite the widespread discussion, there has been[Read more…]
Solana’s Future Outlook: Divergent Views on Traders Buying the Dip and yPredict’s Potential Surge Solana ($SOL) has been one of the most talked-about cryptocurrencies over the past few weeks, soaring by 19% in late May before a sharp plunge in the first two weeks of June. $SOL is now trading around the same level as[Read more…]
Introduction Sam Bankman-Fried, the now-disgraced founder of bankrupt crypto exchange FTX, loved Solana. Launched in 2020 by cofounders Anatoly Yakovenko and Raj Gokal, the high-speed blockchain promised to be an “Ethereum killer.” “[It] has a shot at becoming one of the core layers on which most financial and informational transfers happen between applications in a[Read more…]
In today’s evolving crypto industry, investors are constantly looking for the top altcoins in the crypto market this year. Investors have witnessed three interesting altcoin projects making waves in the market today, namely Cardano (ADA), Solana (SOL) and Caged Beasts (BEASTS). Cardano Towards US$1 Price Cardano, the blockchain platform powered by its original coin, ADA,[Read more…]
Solana (SOL) Price Analysis – Crucial Support Level and Bearish Indicators The Solana price fell by 42% last week, reaching the important and final Golden Ratio support level at $15. If this level breaks, the price could fall even further. Currently, Solana’s price stands at the last Golden Ratio support level. Over the past week,[Read more…]