A Q3 assessment of Solana showed growth in its user activity and NFT activity. The proof-of-history blockchain, however, recorded declines in its TVL, revenues, and transaction fees within the same period House to over 350 decentralized applications (dApps), a new report from Messari revealed that leading open-source blockchain Solana [SOL] saw growth and some corresponding declines in Q3. Titled[Read more…]
Category Archives: Solana News
While the crypto market faces a correction period, Dogecoin has been able to notch gains. The popular meme coin has boasted over 44% gains in the last week alone. The cryptocurrency currently trades at $0.086 with a 24-hour volume of $3,308,559,307. This makes it one of the top gainers in the past week. There are[Read more…]
1 Q3 2022 Blockchain Security Overview A total of 37 major exploits were monitored, with a total loss of approximately $405 million In the third quarter of 2022, Beosin EagleEye monitored over 37 major attacks in the Web3 space, with total losses of approximately $405 million, down approximately 43.6% from $718.34 million in Q2 2022[Read more…]
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. Do you know that Solana is one of the first cryptocurrencies to use the groundbreaking proof-of-history (PoH) consensus algorithm that was built on the proof-of-stake (PoS) consensus algorithm? Solana (SOL), the[Read more…]
In the early days of cryptocurrencies, a project’s success was primarily determined by the information provided in its whitepaper and the rarity of its tokens. As more tokens with more users and members function better, the requirements gradually shift—users aid in boosting platform traffic and token demand, which raises the coin’s value. Here, we’ve gathered[Read more…]
Popular meme coin, Dogecoin, is on a 7-day rampage. The token has recovered over 41% of its value following the market recovery. Dogecoin has also recorded over 17% on the day, making it one of the best-performing tokens in the past 24 hours. The cryptocurrency market has been recovering from its recent slump, which has[Read more…]
Aptos, the newest blockchain in town, continues to make waves with a massive gain of over 18%. The price has been on a 7-day rally and is now trading at $8.79, representing a 0.74% decline from yesterday’s close. The team behind Aptos has been working hard to get their project off the ground. Despite experiencing[Read more…]
Serum, a decentralized exchange on the Solana network, is currently mulling a proposal that will change the governance structure for the project. Solana and Serum developers TDM Blockchain developed the proposal and filed its recommendations to the Serum DAO forum on Thursday. If passed, this will result in the creation of a new community token for the Serum DAO.[Read more…]
Tulip and UXD lost hefty sums after Mango Markets was hacked—but both protocols today said they retrieved the tokens. Two Solana-based DeFi protocols have reopened following the $114 million hack of lending protocol Mango Markets. Yield aggregator Tulip and stablecoin provider UXD have recovered tokens from Mango Markets, which was hit with a major exploit earlier earlier this month, and can[Read more…]
Enthusiasm around the Solana NFT market has been in short supply lately on Crypto Twitter as marketplaces push back on honoring creator royalties. Trading volume is creeping down, and it might not just be due to bad bear market vibes: rival blockchain network Aptos also appears to be stealing the attention—and funds—of some Solana NFT traders. Aptos, the[Read more…]