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Category Archives: Solana News

Hubble Brainchild Kamino Finance Has Launched Solana’s First Concentrated Liquidity Optimizer

Kamino Finance, a brainchild of Hubble Protocol, has launched the first concentrated liquidity market maker (CLMM) optimization vaults on Solana. The first vaults Kamino has publicly released focus on stable asset pairs in Whirlpools, Orca’s CLMM product.  Providing liquidity on Orca’s Whirlpools has been challenging for users, especially when it comes to managing each deposit. With this[Read more…]

Coinbase Cloud Adds Solana Archive Node

Coinbase Cloud provides Web3 APIs, services, and blockchain infrastructure to power the next generation of software builders including data access, staking, payments, trade and exchange, identity, and more This is the first expansion of Coinbase Cloud’s network infrastructure to create validating clients for Solana, which involves improving the efficiency, throughput, and reliability of the protocol. Solana[Read more…]

These Cryptos Have Potential When Bulls Return: SOL, DOT & Big Eyes Coin

Market sentiment as regards the reception of Bitcoin’s continuous fall in price has made investors and traders accept that another winter is here. Bitcoin has moved sideways in the 20–25k region for an extended period; we’ve even seen it fall below 20k several times, though often with a quick bounce. You’ll need to buy tokens[Read more…]

After The Merge, nearly all NFTs will be environmentally friendly

After years of delay, Ethereum is set to migrate to a proof-of-stake consensus mechanism this month, reducing the energy consumption needed to run the blockchain.   This will have a big impact on NFTs, which are primarily traded on Ethereum and get somewhat singled out for their perceived environmental impact. This reduced environmental impact may help[Read more…]

Helium Sinks 15% Following Proposed Move to Solana

Amid uncertainty about a potential move over to Solana, Helium’s HNT is losing value—and it’s now down 47% over the last month. Helium could be set for a major change soon, as the core developers of the crypto-powered wireless network want to move from its own blockchain to Solana. But if Helium’s token price is any[Read more…]

Helium Contemplates Solana Transition To Improve Scalability

The Helium Network, an Internet of things (IoT) blockchain, is contemplating a move to the Solana blockchain and ditching its own blockchain.  Helium’s transition to Solana would significantly improve network scalability, bringing significant economies of scale to the network.  A Higher Level Of Efficiency On Solana  Developers on Helium are contemplating moving from the project’s[Read more…]

Top Crypto Trader Updates Outlook on Solana, Polkadot, and One Ethereum Rival Newly Listed on Coinbase

A popular analyst is updating his price targets for a trio of crypto assets as the markets conclude a rocky week of trading. The pseudonymous trader Altcoin Sherpa plots out several Fibonacci levels for smart contract platform Solana (SOL), telling his 182,400 Twitter followers that he could see the altcoin briefly rising to $36.60 before falling back[Read more…]

5G Wireless Network Helium Proposes Migration to Solana Blockchain

Founded in 2013, Helium network is the world’s first peer-to-peer LoRaWAN wireless Internet of Things, also known as “People’s Network”. Helium is changing the way we connect and extend the world’s wireless networks. Helium’s ever-expanding network of hotspots enables anyone to own and operate a wireless network for low-power Internet of Things (IoT) devices, while[Read more…]

Helium (HNT) Deflates 15% After Proposed Transition To Solana

The Helium network, a blockchain-powered wireless system, may soon undergo significant revisions as its key developers consider switching to Solana. The proposal by Helium’s core developers to switch from their own blockchain network to Solana’s was codenamed “HIP 70.” Since developers revealed a plan to migrate the network to Solana, the value of HNT has[Read more…]

DeFi protocol Kyber Network suffers frontend hack, loses $265K

Multi-chain DeFi protocol Kyber Network (KNC) revealed that it suffered an exploit on its frontend on Sept. 1, leading to a loss of $265,000 from two whale wallets. Hacker inserted malicious code into KyberSwap’s frontend According to Kyber Network, its team “identified a malicious code in our Google Tag Manager (GTM)which inserted a false approval, allowing a[Read more…]