Category Archives: Solana News

Analyst Updates Outlook on Bitcoin and Solana, Says One Catalyst Could Trigger Cardano To ‘Roll the Market Over’

A popular cryptocurrency analyst and trader is mapping out the path forward for Bitcoin (BTC), Solana (SOL) and Cardano (ADA). Starting with Bitcoin, crypto trader Jason Pizzino tells his 276,000 YouTube subscribers that the flagship crypto asset is facing an uncertain trend after recording successive lower highs for about a week. “Bitcoin’s still just holding up there.[Read more…]

Solana FPS Game EV.IO Lands on Jerseys of ESports Team Luminosity

Solana blockchain game EV.IO partners with ESports team Luminosity, strengthening the connection between FPS games on Web2 and Web3. EV.IO Sponsors ESports Team Luminosity The logo for Solana blockchain game EV.IO now appears on the right sleeve of the jersey of traditional ESports team Luminosity. The jersey was revealed in a Tweet last week. Luminosity is an[Read more…]

Who Shines Brighter? Solana Beats Altcoin King Ethereum In This Key Area

Solana fell into a four-month low of $28.35 during the early morning of October 13, plummeting below the $30 marker again for the first time since June 13 when it changed hands at $28.19. Although the altcoin is not just the only one that suffered as many other cryptocurrencies including pack leaders Bitcoin and Ethereum[Read more…]

Solana Fails To Hold $30 Support, How Cheap Will Solana’s Price Be?

The price of Solana (SOL) has struggled recently to reclaim its bullish strength against tether (USDT) but was unable to as the price hit a new fresh rock. The crypto market faced a new drawback as Bitcoin (BTC) price dropped from a region of $19,000 to $18,100 as the Consumer Price Index (CPI) suggested an[Read more…]

Solana [SOL] outperformed Ethereum [ETH] in this aspect

Solana [SOL] once again outperformed the king of altcoins, Ethereum, in the NFT space by registering massive growth in terms of total NFT sales in the last month. It managed to grow by more than 100%, while Ethereum registered a negative 18% growth during the last 30 days. Apart from Ethereum, other popular chains like BNB[Read more…]

Magic Eden Losing Market Share as Solana NFT Traders Reject Royalties

Are creator NFT royalties on the way out on Solana? Zero-royalty trading platforms are quickly gaining traction, and Magic Eden is adapting. The debate over NFT royalties is raging again, this time in the Solana NFT space—and marketplaces that eschew creator royalties are finding eager traders while capturing market share in a way that they haven’t yet in the[Read more…]

Solana (SOL) And Polygon (MATIC) Investors Eye Up Flasko (FLSK) Presale

Solana (SOL) and Polygon (MATIC) have surged to the top 20 cryptocurrencies by market capitalization in light of their astronomical rise – in no small part driven by their utility.  However, like most cryptocurrencies, Solana (SOL) and Polygon (MATIC) face a long, hard road to recovery after losing as much as 80 to 90% of their[Read more…]

Stepn denies layoff reports, hints at new projects

Move-to-earn fitness app Stepn has denied reports that it has laid off staff. Earlier this week, reports from South China Morning Post and Wu Blockchain suggested the company laid off over 100 contract workers including community moderators and ambassadors. On Tuesday a spokesperson for the company told news outlet Decrypt that the claims were baseless and factually[Read more…]

Solana wipes out almost $1.5 billion in a week as network-related hacks mount

Decentralized finance (DeFi) asset Solana (SOL) is recording significant capital outflow, with the network facing various challenges, including hacks and system outages. The incidents appear to limit Solana’s potential to take over established platforms like Ethereum (ETH).   In particular, as of October 13, Solana had a market cap of $10.6 billion, representing a drop of over $1.43[Read more…]

Solana Price Falls Below $30 for First Time Since June

SOL is taking a harder hit than Bitcoin or Ethereum today, falling to a four-month low The crypto market is in the red this morning amid continued wider economic turmoil, and top coins like Bitcoin and Ethereum are both down today alongside much of the market. But Solana has taken an even harder hit, dropping to a four-month low. Solana (SOL) is down[Read more…]