After mulling over a critical proposal for almost ten days, the Helium community has concluded a landmark vote to approve Helium Improvement Plan 70 or HIP 70. Closer look at the proposal HIP 70 has been in the pipeline for months and the proposed changes will help the Helium Network in a significant manner. The proposal entailed[Read more…]
Category Archives: Solana News
Helium, the crypto-powered wireless network, will officially move from its own blockchain to Solana following a community vote on a proposal. Ultimately, over 81% of the token-based votes went in favor of the migration. And it could happen quickly. The Helium Foundation announced a Q4 launch for the transition, and in an interview at the Helium House event in New[Read more…]
Solana [SOL] wasn’t at its best last week as it registered a more than 8% decline in its value. Though the current bearish market condition was a factor that led to this result, there were several metrics that also played a role in this recent decline. At the time of writing, SOL was trading at $31.36[Read more…]
About the Minting API At Crossmint, we see the potential of NFTs as a revolutionary computing primitive. We’ve seen NFTs used in industries from gaming to ticketing, financial services, and consumer brands, for use cases such as loyalty programs, digital certification, fan interaction and more. Creating your own NFT program, however, is expensive and time consuming.[Read more…]
We had a jam-packed week of product launches, partnerships, and notable news-worthy mentions. Together with some incredible partners — Magic Eden, Blockasset, QuickNode & others — we’ve made history at least 3 times this week — even Business Insider & Fortune took notice! Product Launches Blockasset released a brand new NFT marketplace on their site, making it even easier for fans to[Read more…]
The Helium Foundation has announced the migration of the Helium Network, a decentralized network powering wireless communication protocols, to the Solana blockchain after a successful community vote on the proposal. The network, which since its inception in 2019 has run its own Layer 1 blockchain, proposed the migration in August via a Helium Improvement Proposal, HIP70. The move aims to[Read more…]
Solana’s move-to-earn web3 app Stepn released notable statistics on Thursday to mark a year in operation. Users logged over 67 million miles (108,017,738 kilometers) on the app, reaching an all-time high of 1 million users on Jun. 2, 2022 and a total of 4.72 million registered users. Stepn also earned more than $26.8 million and $122 million in the[Read more…]
On Thursday, the Helium Foundation announced that it would be moving its mainnet to the Solana blockchain following a community vote. According to the proposal, proof-of-coverage and Data transfer mechanisms will be moved to Helium Oracles. Meanwhile, Helium’s tokens and governance will relocate to that of the Solana blockchain. As told by developers, the benefits of the move[Read more…]
By bringing together traditional investors and those interested in cryptocurrencies, Flasko has gained the attention of everyone interested in the crypto and NFT industry because of their unique approach. Some of the biggest names in the cryptocurrency industry, such as Solana (SOL) and LunaOne (XLN) are reportedly losing investors to Flasko. Analysts anticipate that Flasko[Read more…]
Solana price has moving been sideways for the last few months, and it has maintained the same price action. Over the last 24 hours, SOL has depreciated 2.6%. In the past week, the altcoin’s gains were negated by the ongoing lateral trading. Buying strength has remained low over the last week and that has further[Read more…]