Category Archives: Solana News

One of the largest trading firms operating in the crypto space believes a “budding uptrend” is forming in the volatile market for digital assets.  In a Twitter thread, Cumberland—the crypto unit of trading powerhouse DRW—said that the uptrend is underpinned by what it says is a weakening U.S. dollar and the adoption of cryptocurrencies by new[Read more…]

The price of Solana and FTT might end up being the most important data points for the trajectory of the crypto market this week, according to B2C2.  In a note published Monday, the market maker joined a chorus of firms raising questions in the wake of the clash between Binance’s Changpeng “CZ” Zhao and FTX’s[Read more…]

The price of Solana (SOL) fell 9% amid a spat between the founders of Binance and FTX crypto exchanges, Changpeng Zhao and Sam Bankman-Fried Aggregate open interest across SOL, of which $3.37 billion appear on the balance sheet of Alameda, also fell just over 13% over the last four hours, data from Coinglass show. The token’s prominence[Read more…]

An impressive streak of green candles post a rebound from its multi-weekly trendline support (white, dashed) supported Solana [SOL] in swaying above the 20/50/200 EMA. The crypto saw an expected reversal from the $37-ceiling after a bearish hammer-like setup. In the meantime, the buyers could strive to step in near the 200 EMA to prevent further losses. [Read more…]

The moment is right for cryptocurrency investors to focus on potential 2023 purchases. Cryptocurrency buyers are searching for opportunities to offer them significant returns in the coming year. Most cryptocurrency investors do not consider popular coins because of the troubles of some currencies like Ethereum (ETH) and Solana (SOL). The Hideaways, an amazing new project, has been generating[Read more…]

Decentralized sports betting platform BetDEX is set to go live on the Solana Mainnet ahead of the upcoming Qatar FIFA World Cup 2022 which will be played from November 20th to December 18th. As of November 17th, three days away from the World cup, BetDEX will be open on Solana mainnet, according to Varun Sudhakar, BetDEX exchange[Read more…]

The year of 2021 has been one filled with challenges and hardships for Solana [SOL]. The network had been plagued with several outages, some even causing its native token SOL to take a double digit hit. SOL community members, too played an active role and were vocal in their criticism of Solana’s reliability issues. So far, the network[Read more…]

Bitcoin, Ethereum price prediction: BTC and ETH prices are witnessing a minor correction to stabilize their prior gains. However, this pullback has caused a significant downfall in several cryptocurrencies, offering a dip opportunity.  The global crypto market stood at $1.03 Trillion at 10:24 am EST Monday, down 2.73% from yesterday. Moreover, the total crypto market volume has[Read more…]

A blockchain-betting exchange BetDEX is going live on Solana mainnet on November 17, the first day of the FIFA World Cup Qatar 2022. The platform aims to take real-money soccer bets as the first blockchain-based sports betting exchange with a proper license. For the duration of the launch, BetDEX will not impose any fees on bets made on[Read more…]

The issuer of USD Coin (USDC) and Euro Coin, Circle, a global digital financial technology company, announced plans to expand native support for Euro Coin and access to their new cross-chain infrastructure and Cross-Chain Transfer guidelines, on Solana in the first half of 2023. The statement is the first of several planned pledges by the corporation to[Read more…]