Category Archives: Solana News

🌊 Whirlpools Rotation #12 🌀 Duration: Thursday Sept 22, 2022 — Thursday October 6, 2022 Total Rewards: The rewards are detailed below for each Whirlpool with total rewards of ~15K ORCA per week across all pools. All Whirlpools are now open and rewards will begin on Sept 22nd at ~24:00 UTC. Cega will be hosting Boaz from the Orca[Read more…]

Magic Eden, the leading Solana NFT marketplace, continued its expansion to Ethereum today by rolling out support for a handful of major collections, including the Bored Ape Yacht Club, Pudgy Penguins, and Otherside. Additional projects will be added in the days ahead. The “Magic Ethen” push was announced in August as the first step in Magic Eden’s evolution, first revealed back in June when[Read more…]

Institutional investors have moved their funds away from cryptocurrency investment products offering exposure to the second-largest cryptocurrency by market capitalization, Ethereum ($ETH), and instead are betting on Bitcoin ($BTC), Solana ($SOL), and products offering exposure to multiple cryptoassets. According to CoinShares’ Digital Asset Fund Flows report, digital asset investment products saw inflows totaling $7 million last week,[Read more…]

Recently, James Mullarney, the host of the very popular YouTube channel “InvestAnswers”, talked about $SOL, the native token of the Solana blockchain, and explained how he had arrived at his price target for $SOL. 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[Read more…]

Recently, former Goldman Sachs executive Raoul Pal explained why he is so 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[Read more…]

Besides making the Ethereum (ETH) blockchain energy efficient, the Merge Upgrade is expected to improve the scalability of the network. However, a section of the crypto market ascertains that Ethereum won’t be solving the scalability issue anytime soon despite the historic upgrade.  In particular, Solana Labs Co-Founder Anatoly Yakovenko believes the Merge has minimal impact on improving Ethereum’s scalability based on the number[Read more…]

What’s new with Avalanche (AVAX)? In August, Avalanche (AVAX) reached a record high for daily transactions, outpacing Ethereum (ETH) in value. One of the main improvements helping the Avalanche coin succeed in the market is AvalancheGo Verbier. In addition, the Avalanche network’s expansion, as announced by Ava Labs, has caused Avalanche to grow. Currently ranking[Read more…]

With Cardano’s Vasil hard fork set to go live on Sept. 22, the blockchain network’s native token has spiked by 2.1% within the last 24 hours to $0.45. ADA had been on a red run on the seven days metrics as it shed 3% of its value, trading for as low as $0.43 during this period.[Read more…]

Solana [SOL] seems to have been long forgotten recently with other blockchains, such as Ethereum [ETH] and Cardano [ADA] grabbing the headlines. The network has long been scrutinized for its outages over the years. However, Solana developers have been actively trying to fix these issues and create a secure hassle-free experience for users. This is the latest attempt by Solana[Read more…]

Metaplex Foundation, the non-profit arm of the Metaplex Protocol, announced on Tuesday it is launching its own token under the MPLX ticker.  As of today (Sept. 20), through a multi-week claim period, the organization will distribute 14 million tokens to early community members. Those receiving the initial token tranche are early builders on the Metaplex[Read more…]