Category Archives: Solana News

Viral Inu, The First Token In The Viraverse, Introduces The Viral Protocol.

The Viraverse Network’s initial token will be the Viral Inu Token. A Solana project that introduces the Viral Protocol. This protocol enables token producers to create Viraverse gateways where token holders may receive incentives for community development through a series of actions. What is the Viraverse Viraverse is a platform that allows token makers to[Read more…]

FTX Acquire Private Suite as Public Mint Concludes

The protocol’s native $SKILL token became the top held GameFi asset on Binance Smart Chain. The Suites Launch NFT Collection The Suites NFT mint attracted a lot of attention and was sold out in seconds with some claiming issues in their attempt to mint one of the highly sought after pieces.  With a mint price[Read more…]

Sol Invictus Partners with Frax Finance and Enters the Saber Wars

Invictus Dao has partnered with Frax Finance and TerraForm Labs to introduce the FRAX-UST LP Bonds and help shape Solana’s future. Solana Gets Frax bond Sol Invictus, the decentralized reserve currency built on Solana, has partnered with Frax Finance and will now offer Frax bonds in their platform to boost decentralization efforts in the whole space. The[Read more…]

SolanaMBS NFT Fractionalized via BridgeSplit Reaches 7M Market Cap

The MonkeDAOs ‘DaoJones’ NFT reaches a valuation of over $7 million, displaying the might of BridgeSplits NFT fractionalization. Fractionalized NFTs Gain Traction MonkeDAO’s first fractionalized NFT asset enabled by BridgeSplit has become one of the hottest NFT developments in the Solana ecosystem. The NFT project fractionalized the official mascot, DAO Jones, and listed it on[Read more…]

Step Finance Roadmap Unveiled for Q1 2022

Step Finance prepares to improve its application interface and coverage, ensuring that it remains the most extensive portfolio manager in the Solana ecosystem. Step Finance Roadmap Revealed The front page of Solana, Step Finance, has drafted its plans for the first quarter of 2022. The Solana-based project looks to improve its overall performance across the Decentralized Finance[Read more…]

Friktion Closes 5.5M Raise to Build Portfolio Management on Solana

The protocol has received funding from top VCs such as Jump Crypto, DeFiance Capital, Sino Global Capital, and Delphi Digital. Funding Follows Recent Mainnet Launch Friktion Labs closed a funding round just three weeks after the mainnet launch of the protocol. The capital raise that was closed on January 13 worth $5.5 million involved crypto-focused venture capital[Read more…]

Compendium Announces IDO on Solanium

Compendium prepares to utilize Solanium’s IDO Launchpad. Compendium Finance Prepares for IDO on Solanium  Compendium Finance, the all-in-one application offering a compendium of trading tools for multiple ecosystems on Solana, comes to Solanium. Hence, the protocol prepares to launch its Initial DEX Offering (IDO) on Solanium’s IDO Launchpad.  Solanium is the IDO Launchpad for top-tier Solana-based[Read more…]

Port Finance Joins DeFi Direct Livestream

Port Finance is building a whole suite of products that will unleash the true potential of the Solana blockchain. Port Finance Displays Money Markets on Solana  On Thursday, January 13th, the DeFi Direct YouTube Channel was the center of attraction as a core team member of Port Finance was interviewed. Our host and Co-founder of DeFi Direct, Greg, was[Read more…]

Vybe Network Secures $2.5 Million From Seed Round

The platform hopes to build a data infrastructure that will power the data needs of DeFi applications on the Solana blockchain. Vybe Seed Fund Campaign Vybe Network is off to a good start in its quest to be the go-to data infrastructure solution for the Solana blockchain. The platform completed a seed fund campaign, raising[Read more…]

Mean DAO CEO to Visit DeFi Direct Livestream

The Mean DAO team will pay a visit once again, this time for a much longer livestream event. Mean DAO Comes Back to Solana News The next edition of the DeFi Direct livestream will feature the Co-Founder of Mean DAO, Michel Triana. The Mean DAO team is no stranger to the team at Solana News, having joined a Twitter[Read more…]