Category Archives: Solana News

After some days of abysmal performance, Solana [SOL] rode its horse back to a $1 billion trading volume. Regarded as one of the fastest growing ecosystems in the crypto space, SOL lost grip of the $1 billion volume when the price plunged from $33.44 to $30.62 on 7 September. On the same day, Solana confirmed its partnerships with[Read more…]

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. Introduced back in 2020, Solana has emerged as the market-leading cryptocurrency that uses the “proof of stake” mechanism. As one of the first to use the innovative “proof of[Read more…]

The year 2022 was very unusual. People had high expectations for it, but as Bitcoin (BTC) entered a downtrend, their hopes were dashed and many had to sell their portfolios. The cryptocurrency projects Flasko (FLSK), Cardano (ADA), and Solana (SOL) are three you shouldn’t pass up if you’re hoping to earn some big money in[Read more…]

Both Cardano and Solana have been hugely popular investments and investors. Unfortunately both the Cardano price and Solana price have dropped significantly in the crypto market. The ADA price is down 75% over the past 12 months and the SOL price is down 77%. It’s no wonder that investors are rushing to get to The Hideaways[Read more…]

Recent data from Solana [SOL]’s blockchain explorer stated that the network processed a total of 96.62 million transactions. In fact, at the time of writing, the network processed an average of 3,044 transactions per second. With impressive statistics like these, Solana could prove its skeptics wrong while also lowering  the FUD around Solana’s downtime. While it remains to be seen whether SOL[Read more…]

Bitcoin price was down below the $19,000 level on Thursday morning, at one point reaching its lowest point since June, due to a decline in global stock markets and the continued resilience of the U.S. dollar. However, it was a different scenario on Friday afternoon, Eastern Time as Bitcoin broke past the $20,000 barrier and improved by[Read more…]

STEPN [GMT] was recently highlighted in a recent Messari Twitter thread which evaluated its performance before and after Solana [SOL] network woes.  The thread showcases how market changes can disrupt and potentially destabilize dapps. According to the Messari report, Solana accounted for roughly 20% of the fees generated by Solana users before the crash. This was during the Q2 2021[Read more…]

Solana has made a name for itself in the decentralized finance (DeFi) and non-fungible token (NFT) space over the last few years. Its growth has seen it become one of the largest contenders for the leading smart contract network Ethereum, as it presents faster and cheaper transaction options. Its transaction count had quickly multiplied in[Read more…]

Popular Web3 app STEPN to shift to HongKong in surprise move. STEPN has chosen to relocate its operations headquarters to Hong Kong, going against the trend of most current crypto companies. STEPN’s bold decision STEPN co-founder Jerry Huang confirmed in a conversation with the South China Morning Post, the company will move its headquarters to Cyberport, a Hong Kong[Read more…]

Helium crypto is trading 14% higher today as enthusiasm for its proposed migration to the Solana blockchain picks up steam. Currently priced at $4.92 on CoinGecko, HNT has seen trading volumes surge 164% to $182 million in the past 24 hours. Helium is building a decentralised wireless network but the bold vision hasn’t been matched by product development progress.  Part[Read more…]