Category Archives: Solana News

Former chancellor Rishi Sunak has taken an early lead in the race to become the UK Conservative Party leader and the country’s next prime minister.  The contest, which comes amid a prolonged period of political uncertainty in the country, could end as soon as Monday. Sunak has already secured the backing of at least 100[Read more…]

Solana continues to paint its charts in red, registering declines on its intraday, weekly, biweekly, monthly and year-to-date price metrics. Solana loses over 7% of its value over the last seven days SOL’s extended bearish movement will likely pull the asset below $25 Solana’s current TVL is less than a billion The crypto has already[Read more…]

The price of Solana (SOL) hasn’t looked as strong as it should, as the price lost its key support and has tested this region on several occasions against tether (USDT). Although the uncertainty that surrounds the crypto market could be a huge factor as the price of Bitcoin (BTC) and other crypto assets such as[Read more…]

The latest data from Santiment revealed that Polkadot [DOT] ranked above Ethereum [ETH] and Solana [SOL] as the blockchain with the highest development activity in the past seven days. While development activity on Ethereum and Solana totaled 78.79 and 67.21, respectively, in the last week, Polkadot logged a development activity index of 3124.14 within the same period. In addition, as of 18 October,[Read more…]

The Tesla earnings report led to a drop in the company’s stock and due to correlation, the crypto and altcoin markets crashed as well. The crypto market struggles due to a wide variety of macroeconomic factors. The altcoins market in particular faced a major crisis. Ethereum fell by 2% in the last 24 hours and is[Read more…]

Plaid — a company most known for providing open banking APIs — has launched Wallet Onboard its first web3 product and the first of a series of forthcoming products aimed at developers in the crypto space, according to a release Thursday.  “This is the start of Plaid’s journey of bridging web two and web three worlds,”[Read more…]

Solana Labs founder Anatoly Yakovenko described its move into smartphone hardware as a ‘developer play’ to usher in a new Web3 paradigm. Solana Labs co-founder Anatoly Yakovenko took the stage last night at Disrupt, TechCrunch’s annual global startup conference, and hinted that Solana’s new smartphone Saga will offer a fresh alternative to the current business models used by[Read more…]

Solana’s largest NFT marketplace Magic Eden announced last week a switch to an optional royalty model, a move that means those buying or selling NFTs may choose what percentage cut of the sale is returned to the original artist. The reaction was swift and predictable. One NFT artist called it a “sad day for Solana.” Broccoli DAO, a[Read more…]

After an unforgettable couple of months, independent market analyst DonAlt believes on-fire Cardano (ADA), Solana (SOL), Uniswap (UNI), and others may end up seeing the same fate as Litecoin (LTC), EOS, and Bitcoin Cash (BCH), which went from dominant market leaders in the crypto market (outside of bitcoin) to what they are today: afterthoughts. How EOS, LTC,[Read more…]

SOL price is down 29% since August, and three key metrics suggest bulls are in no rush to return. The past eighty days have been moderately bearish for cryptocurrencies as the altcoin market capitalization declined by 16%. The downside movement can be partially explained by the United States Federal Reserve’s quantitative tightening, rising interest rates[Read more…]