Category Archives: Solana News

In case you missed it, we dropped a reel for Longwood Labs yesterday on Twitter. While the trailer is equal parts eloquent and alluring, we didn’t give any explanation as to what Longwood Labs is. This is that explanation. Yesterday’s lack of context has set us up perfectly (minus a few understandably wrinkled feathers in the community)[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…]

The crypto market is seeing another week in the red with Bitcoin, Ethereum, and larger cryptocurrencies trading to the downside over the past 7 days. The general sentiment in the market turns bearish as the nascent asset class completed a major milestone with “The Merge”. At the time of writing, Bitcoin and Ethereum record a[Read more…]

Web3 gaming company W3E will be hosting the world’s first Web3 e-sports tournament on Nov. 17 as a part of  Istanbul Blockchain Week. The event will occur in Istanbul between November 14 and 17. The W3E global e-sports tournament will take place on the last day of the whole event. The ESA e-sports arena will be placed at[Read more…]