Category Archives: Solana News

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…]

Top executives at Solana urged affected validators to move their operations to a crypto-friendly cloud service provider. Cloud service provider Hetzner has stopped providing its services to Solana (SOL) validators, according to a screenshot shared by stake pool operator SolBlaze on Nov. 2. Hetzner requested the unnamed validator to remove all Solana-related activities on their[Read more…]

Meta has announced an end-to-end toolkit allowing Instagram users to mint NFTs on the Polygon (MATIC) blockchain and sell them on social media. The move has made MATIC one of the best-performing digital assets in the last 24 hours, rising by over 10% to $0.95. Meta turning Instagram into an NFT marketplace According to the[Read more…]

Social media platforms Instagram and Facebook have announced support for native Solana wallets. The move expands nonfungible token (NFT) compatibility across the networks. This caused the SOL price to bounce back by 4%. On Nov. 3, Solana announced that the two social media platforms had integrated its NFT wallets. The rollout would be occurring on their respective mobile apps over[Read more…]

Solend, a Solana-based lending protocol, reported a market manipulation attack that resulted in $1.26 million of bad debt for the protocol. The incident occurred on Wednesday, as noted by security firm PeckShield.  Solend runs a decentralized lending system that allows users to borrow and earn interest on crypto assets with the help of lending pools. The platform acknowledged[Read more…]

Arkham intelligence dashboard revealed that Alameda research has sold $284m worth of stablecoins to crypto exchanges in the last two days. Arkham’s intelligence dashboard revealed that FTX’s sister company Alameda Research sold $284 million worth of stablecoins to crypto exchanges between Oct. 31 and Nov. 2, according to data analyzed by CryptoSlate. The market maker[Read more…]