Category Archives: Solana News

Over 5,000 Builders Participate in the $ 5 million Global Solana Hackathon

More than a week remains for projects to apply to the hackathon, bringing new projects to the Solana ecosystem. A Chance to Lead The upcoming Ignition Hackathon is a global hackathon for the Solana ecosystem. The event has been in the works since Aug. 9th and now has 5,072 participants—a number that’s increasing by the[Read more…]

Gas Fees on Ethereum Increase Nearly Threefold in 2 Days

The most utilized blockchain network is facing problems from a familiar foe in the form of gas fees. Gas Fees Spike Again The average price of transactions on the Ethereum Network have risen by nearly three times as ETH took a price jump. Transaction prices have moved from an initial $2.37 per transaction on Oct.[Read more…]

Bitcoin to Gold Ratio at The Highest Since BTC’s All-Time High in May

The amount of gold needed to buy one BTC, “digital gold,” is back on the rise again on the back of BTC’s enormous gains. Gold-BTC Ratio Balance Peaks As Bitcoin (BTC) went from trading under the $48,000 on Oct. 4 to currently trading above the $54,000 mark, the Bitcoin to Gold ratio back around 30,[Read more…]

Grayscale Adds Solana to its Digital Large Cap Fund

Solana now holds the fourth-largest weightage in this flagship fund of this institutional investment vehicle. Another boost for Solana In one of the landmark events for the token, Grayscale Investments has added Solana (SOL) to its flagship crypto fund, the GrayScale Digital Large Cap Fund, which includes the premier cryptocurrency, Bitcoin (BTC), as well as the native token[Read more…]

Nexo Announces Support for SOL Token

Users can now utilize SOL tokens to buy, swap, earn interest and even use them as collateral. SOL Utility Increases In a move to capitalize on the hype around the ecosystem, the native token of the Solana blockchain, SOL, is now supported by Nexo, a lending, borrowing, and savings platform for digital assets. Users can now[Read more…]

Jonathan Schemoul – Founder of Aleph.im Ep #48

EPISODE SUMMARY Jonathan “Moshe” Schemoul is the founder of aleph.im, a cross-chain p2p storage, computing network and first decentralized indexing provider for Solana. 00:36 – Intro & how did Jonathan Schemoul got in crypto 02:09 – What is Aleph and how does it work? 06:48 – Is Aleph database a blockchain? 09:20 – Understanding core[Read more…]

NFTs on Solana Continue to Grow Despite $150k Rug Pull

The NFT market on Solana has grown over 24% in the last seven days. Solana NFT Market Shows Enormous Growth The total market capitalization of Non-fungible Tokens (NFTs) sold on the Solana blockchain has risen quickly to hit $753 million, closing in on the billion-dollar mark. The total market capitalization of the NFT market on Solana is dominated by[Read more…]

Larry Cermak – VP Research, The Block Ep #50

EPISODE SUMMARY Larry Cermak joined The Block as one of the first employees with the mission to provide professionals with accurate information about crypto. He now leads a 30-person research team that delivers insights to institutional customers. 00:09 – Intro 00:20 – Larry Cermak’s origin story / His work at The Block 08:25 – The[Read more…]

Orca’s TVL Continues to Increase With Yield Incentives and VC Interest

Orca’s TVL grows more than threefold after closing an $18 million Series A funding round earlier this month. Venture Capital Funding pushes Orca forward Orca, a decentralized exchange (DEX) based on the Solana blockchain, has shown enormous growth in total value locked (TVL) just as this month closed out. The TVL has grown more than three times from approximately $220 million[Read more…]

StarLaunch: Basic Training

Welcome to StarLaunch Basic Training! It’s time to share with our community the mechanics of StarLaunch and what to expect next month. Our team is pioneering a novel approach to the IDO allocation model by introducing a dual token system that features both a deflationary governance token ($STARS) as well as a secondary utility token,[Read more…]