Category Archives: Solana News

Top 10 Crypto Prices for 12th June 2023: SEC Lawsuits Against Crypto Firms Cast Doubt on Industry’s Future The ongoing SEC lawsuits highlight the clash between government officials and crypto creators over the industry’s legitimacy and integration. Analytics Insight has listed the top 10 current cryptocurrency prices as of 12th June 2023. Cryptocurrency Prices: Crypto[Read more…]

Introduction The Solana Foundation has firmly refuted the Securities and Exchange Commission (SEC)’s claim that their native token, SOL, is an unregistered security. In an official statement, the Solana Foundation asserted its belief that SOL is not a security and welcomed further engagement from policymakers to achieve legal clarity in the digital asset space. Solana[Read more…]

Solana Foundation and Polygon Labs Push Back Against the SEC Both the Solana Foundation and Polygon Labs are among the latest entities to contest the U.S. Securities and Exchange Commission’s (SEC) classification of their respective tokens as securities. Solana Foundation’s Response The Solana Foundation, responsible for the development of the Solana blockchain, has expressed its[Read more…]

Introduction Welcome to our comprehensive price analysis report for Solana (SOL) as of June 10, 2023. This report is based on price data, technical indicators, and moving average data sourced from Binance at 06:30 AM UTC. We delve into the intricate dynamics of SOL’s price, volume, and key technical indicators. Whether you’re a seasoned trader[Read more…]

Delisting Effective June 27, 2023 According to Robinhood’s official announcement, the platform will no longer provide exposure to these three crypto assets as of June 27, 2023. This decision urges users to sell or transfer their holdings before the specified deadline. Cardano, MATIC, and Solana Delisted Crypto Slate reported that this move was taken after[Read more…]

Following the SEC’s recent lawsuits against major crypto exchanges, trading platform Robinhood has announced its decision to discontinue support for cryptocurrencies Cardano, Polygon, and Solana from June 27, underscoring the growing regulatory pressures within the crypto industry. Announcement of Discontinuation In a recent development, Robinhood has announced that it will cease supporting Cardano (ADA), Polygon[Read more…]

Solana: A Potential Competitor to Ethereum Solana, initially introduced as a potential competitor to Ethereum, garnered significant attention in the cryptocurrency industry as a promising blockchain platform. However, the platform’s association with the now-bankrupt cryptocurrency exchange, FTX, and network shutdowns in 2022 impacted investor confidence, subsequently influencing the price of its native token, SOL. Solana[Read more…]

ChatGPT: A Rising AI Phenomenon ChatGPT has gained significant prominence due to its rapid rise, and leading companies worldwide have capitalized on its capabilities. The progress of Artificial Intelligence (AI) extends across various major industries, showcasing its broad applicability. The decision by Solana to integrate ChatGPT into its ecosystem highlights the wide range of utilities[Read more…]

The Solana Foundation’s Stance on SOL Token as a Security The native token of the Solana blockchain, SOL, was alleged to be an unregistered security in this week’s SEC lawsuits against crypto exchanges Binance.US and Coinbase. The Solana Foundation is disputing the U.S. Security and Exchange Commission’s (SEC) classification of its SOL token as an[Read more…]

Cryptocurrency exchange Kraken has officially launched its NFT marketplace out of beta testing, supporting over 250 non-fungible tokens (NFTs) across the Ethereum, Solana, and Polygon blockchains. The company launched a public beta version of its NFT platform in November. Initially, it offered support for a curated selection of 70 NFT collections on Ethereum and Solana.[Read more…]