Category Archives: Solana News

Okay Bears have quickly become the signature Solana NFT project. That’s back on display this week, as a new licensing deal has come to life with Okay Bears and entertainment behemoth IMG. IMG’s Stature, And Okay Bears Potential  IMG is one of the biggest names in IP, a global monster that deals in global product and branding[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…]

Solana NFTs are on the rise again lately thanks to buzzy projects like y00ts and ABC, and now the creator of the network’s NFT protocol is striking while the iron’s hot: Metaplex has announced plans to launch a token and decentralize its governance via a DAO. Metaplex’s MPLX token was announced over the weekend and will drop today, and NFT creators who[Read more…]

2022 has not been an ideal year for cryptocurrency investments. A mixture of macroeconomic factors such as inflation placed so much pressure on cryptos, pushing their prices downward despite various efforts at inciting a bull run. If you take a look at a chart demonstrating the prices of cryptocurrencies since the start of this year,[Read more…]

Solana’s daily transaction count by the end of Q2 2022 averaged 40 million compared to Ethereum’s 1 million. Solana’s daily transaction count towards the end of the second quarter of 2022 outperformed Ethereum by a factor of 40. According to a report by the team at Nansen, Solana averaged 40 million daily transactions compared to Ethereum’s 1[Read more…]

We are thrilled to announce our integration with Wormhole! Wormhole messaging protocol After the last week’s launch of Allbridge Core, we are happy to unveil our first official partner — Wormhole. Their messaging protocol will become the default option for cross-chain swaps between all Wormhole-supported blockchains. At the moment, this includes Ethereum and BNB Chain, with Solana[Read more…]

The case between the U.S. SEC and Ripple Labs could finally end after both parties filed for summary judgment. According to motions filed before the U.S. District Court of the Southern District of New York, the two parties are asking the court to give a summary judgment based on the evidence and arguments already presented. Summary judgment motions are usually[Read more…]

Solana (SOL) Price Analysis On The Weekly Chart  SOL’s price dropped from $250 to around $30, representing a drop of more than 70% from its all-time high. After touching a weekly low of $32, the price of SOL rallied to $45, demonstrating great strength as many set prices and expectations for a rally back to[Read more…]

Hype does not always equate to greater adoption, as the on-chain data from the second quarter of 2022 shows Solana (SOL) surpassing Ethereum in users’ daily transactions despite various drawbacks from both macroeconomic conditions and network outages.  Throughout the second quarter, Solana’s daily transactions consistently increased, ending with more than 40 million daily transactions compared to[Read more…]