Category Archives: Solana News

Solana Price Could Jump 12% This Week; Here’s Why?

Solana (SOL) price analysis remains bullish for the day. Since the beginning of the September series, SOL gained nearly 11%. After consolidating near $30.0, the price extends the price movement in the higher direction. SOL on the daily chart formed a “Bullish Shark” Harmonic pattern. In a bullish Shark pattern, however, the second top is higher than the[Read more…]

Solana-based y00ts NFT collection launches; developers raise $7M in seed round

The highly anticipated Solana-based y00ts NFT collection is finally live, with 6,500 owners minting the collection within the first 24 hours, according to OpenSea data. The collection’s floor price rose to as high as 186 SOL ($6138) before retracing to 172 SOL ($4300) at press time. The y00ts NFT collection was meant to launch on Sept. 4, but[Read more…]

Coinbase Expands Solana Infrastructure

Founder Yakovenko claims its now easier to build robust apps on Solana – Solana 2.0 feels more in sight than ever. Coinbase Cloud has launched Solana Archival Nodes to empower Solana developers. Developers can use the nodes platform to access blockchain services that enable them to build crypto products faster. In particular, these nodes can run complex queries[Read more…]

Solana proposes new Move to silence critic-fueled FUD

Solana’s price has not been having the best of months, with the altcoin’s price going down by 31% since August. However, there has been one new development on its Github. What’s the next move? Solana’s team seems to have incorporated the Move language into its development strategy. Move is a programming language created by Meta, with[Read more…]

Cross-Chain Interoperability: What It Means For Blockchain

Blockchain is often touted as a revolutionary technology that will change the way we do business. Yet most chains are siloed with specific use cases and varying degrees of decentralization. With the increase in web3 solutions, the need to interconnect different chains to enable cross-chain interoperability is increasing every day. This article elaborates on the[Read more…]

Sunak’s crypto charm offensive brought to an end as Truss named UK prime minister

The election of Liz Truss as the UK’s new prime minister on Monday has further clouded the outlook for the country’s crypto policy. The new Conservative leader, who was voted in by party members to replace Boris Johnson in the nation’s top job, has not so far laid out a cohesive position on digital assets. Rishi[Read more…]

No Support For 1inch (1INCH), STEPN (GMT); Investors Throng Towards Chronoly.Io’s CRNO Token

Although the crypto market is on a comeback path, several cryptocurrencies are still trapped in the grip of bears. 1inch (1INCH) and STEPN (GMT) are two such cryptocurrencies that are finding it difficult to remain in the green zone. On the contrary, the new crypto, Chronoly.io (CRNO), has posted some unbelievable growth-indicating numbers. Chronoly.io’s pre-sale was a massive success,[Read more…]

Helium down 55% in last 30 days as challenges run rife

Helium’s HNT token is in freefall as it has lost roughly 9% of its value in the last 24 hours –the highest over this timeframe– according to CryptoSlate data. On the seven days metrics, HNT is down by 37%, falling from a high of $6.20 to as low as $3.86. The picture is grimmer over the 30 days[Read more…]

Solana Founder Anatoly Yakovenko Addresses Ethereum Rival’s Blockchain Outages and Issues

Solana Labs CEO Anatoly Yakovenko is addressing some of the technical difficulties that Solana (SOL) experienced over the last year. In a new interview with Real Vision’s Raoul Pal, Yakovenko says that Solana’s aim to process transactions at an ultra-high rate presented various challenges, especially once the Ethereum (ETH) rival began attracting waves of new users. “This[Read more…]

Charting a course for Solana [SOL] after its latest drawdown

Solana [SOL] is at a crucial junction now, with the crypto-market noting a U-turn of the relief progress. With Bitcoin still hovering below $20,000, the premise is all but negative for other assets right now. Historically, crypto-assets tend to follow the footsteps of Bitcoin in price chart movement. The same was also evidenced by SOL’s press[Read more…]