Category Archives: Solana News

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…]

Since its establishment in 2013, the Helium network has been operating on its own blockchain, known as HIP 70. On Thursday, the foundation disclosed that a majority community vote of 81.41% approved the Helium Improvement Proposal (HIP 70) aimed at developing the network to meet user demand. The proposal requirements demanded participants to stake the[Read more…]

Crypto wireless network Helium is officially ditching its own blockchain and moving to the Solana blockchain after a community vote.  The vote saw an overwhelming majority of over 80% vote in favor of moving to the Solana blockchain rather than sticking with the network’s own blockchain.  The HIP 70 Proposal  The proposal to shift Helium,[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…]

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…]

Helium, a blockchain-based network that powers wireless communication protocols powered by thousands of individual users, will migrate its own purpose-built Layer 1 blockchain to the Solana blockchain. The network, which initially focused on powering Internet of Things (IoT) devices like sensors and trackers, currently has more than 950,000 nodes, or hotspots, with operators being incentivized with crypto tokens.[Read more…]