Category Archives: Solana News

XRP Takes The Lead Among Altcoins – Will It Drop Before Climbing?

XRP has maintained a daily calmness but emerged as the week’s top performer. The token took to the north with 18% weekly gains as the price crossed the $0.5 mark before falling. Also, other altcoins have been making slight losses daily in the past week. The crypto market is witnessing a drastic twist in the[Read more…]

Solana Forms A Bilateral Signal For Traders, Will Price Hold Above $30?

The price of Solana (SOL) continues to struggle to discover its bullish trend as the price fails to break the key resistance of $35 against tether (USDT). The previous weeks saw the crypto market cap as good as Bitcoin (BTC) prices and other crypto assets. Still, the price of Solana (SOL) saw some bullish signs[Read more…]

OpenSea launches support for Avalanche

OpenSea has added support for Avalanche, bringing the total number of supported blockchains on OpenSea to seven. Users can now display, list and trade their Avalanche-based NFTs on OpenSea, the platform tweeted. New collections to join the marketplace include Chikn, TapTapKaboom, The Stoics, Castle Crush and Open Blox, with more collections expected to be onboarded soon. [Read more…]

$SOL: Real Vision CEO Raoul Pal Explains Why He Likes Ethereum Rival Solana

Recently, former Goldman Sachs executive Raoul Pal explained why he is bullish on $SOL, the native token of the Solana blockchain. Here is how Coinbase described Solana in a blog post published on 29 June 2022: “Solana is a decentralized computing platform that uses SOL to pay for transactions. Solana aims to improve blockchain scalability by using a combination of proof of[Read more…]

DeGods removes NFT royalties, predicts all marketplaces will move to 0% model

Popular Solana NFT project DeGods has switched to a 0% royalty model, meaning it will no longer earn royalties on the sales of its NFTs. DeGods said that while it still believed that royalties are an “incredible use case” for NFTs and that it will support creators that want to find solutions to enforce them,[Read more…]

Binance To Delist HNT; COO Responds

The Helium Foundation’s token, HNT, will soon be removed from multiple trading pairs on the Binance crypto exchange. Helium executives have questioned this decision.  HNT Not Meeting Binance Standards On October 6, the Binance crypto exchange released a notice alerting the community that it was going to be removing the cross-isolated margin and spot trading[Read more…]

Can Solana’s latest move on the NFT front break SOL’s ongoing slumber

Solana [SOL], as of 9 October, announced a new experiment that the ecosystem planned on undertaking. Blue chip SOL NFTs, such as DeGOD’s  and y00t’s would undergo a change where royalties would be eliminated. This may provide a much-needed boost to the Solana NFT marketplace.  The DeGodsNFT official twitter account posted an update  stating that they would be removing their royalty fees which were[Read more…]

Bitcoin And Smartphones: How Mobile Devices Can Help Bring Mass Crypto Adoption

Bitcoin is already in existence for more than a decade now, being first introduced in 2009. Many years later, the asset established itself as the largest cryptocurrency in terms of market capitalization, not to mention popularity. Its market cap currently stands at over $370 billion and despite being down 72% from its all-time high of[Read more…]

Solana Shines In Trending Searches In Last 7 Days – But SOL Price A Different Story

Solana is not lacking in positive news for its investors and crypto holders as it tries to bounce back from its lackluster performance last month. It was announced recently that the Tulip Protocol with WalletConnect was successfully integrated to the Solana network. Tulip Protocol is a decentralized application (dApp) that is said to be an[Read more…]

This Solana “Long-term Fix” may be the answer to all of SOL’s problems

Solana [SOL] co-founder Anatoly Yakovenko believes that though network outages have been the biggest challenge before the network, a “long-term fix” could be on the way. Yakovenko commented on the issue of frequent outages during a recent Decrypt podcast. Yakovenko believes Firedancer will prove to be the solution to the issue. Firedancer is a new validator client that is[Read more…]