Category Archives: Solana News

Recent Speculation on BlackRock’s Solana ETF Recent discussions in the crypto community have centered around the possibility of BlackRock, the world’s largest asset manager, filing for a Spot Solana Exchange-Traded Fund (ETF). This speculation is fueled by BlackRock’s filing for a spot Bitcoin ETF in June and the recently submitted S-1 filing for a spot[Read more…]

Jupiter Airdrop Propels Solana’s Renaissance, Benefiting Almost a Million Wallets! Nearly one million SOL wallets are set to receive a share of four billion Jupiter (JUP) tokens. The airdrop, part of a strategy to boost engagement, represents 40% of Jupiter’s total token supply. Solana’s resurgence in popularity, marked by partnerships and price spikes, sets the[Read more…]

Introduction As a seasoned observer and analyst in the cryptocurrency space, I’ve watched the Solana ecosystem evolve through both prosperous times and challenging market conditions. Today, I’m here to provide a comprehensive update on the recent developments within the Solana ecosystem that are pivotal for investors and enthusiasts alike. The Aftermath of the 2022 Market[Read more…]

Current State of the Cryptocurrency Market Currently, the world of cryptocurrency is undergoing a tumultuous period as seen through Bitcoin’s recent plunge below $36,000. This downturn, primarily influenced by the SEC’s postponement of a decision on spot BTC ETFs, has left the market in a state of anticipation, potentially stalling momentum until early January. In[Read more…]

Concerns Raised by CertiK Blockchain security firm CertiK recently released a video that raised concerns about a potential security vulnerability in Solana’s crypto-enabled Saga phone. CertiK claimed that the Saga phone contained a “critical vulnerability” known as a “bootloader unlock” attack, which they suggested could allow malicious actors to install a hidden backdoor in the[Read more…]

Solana Users in for a Treat with Jupiter Airdrop Solana users could be in for another treat following the blockchain’s recent boom: Nearly one million SOL wallets are eligible for four billion tokens from decentralized finance aggregator Jupiter. The four billion tokens represent 40% of Jupiter’s total JUP tokens, as announced on X (formerly Twitter)[Read more…]

Ethereum Attracted $58 Billion, 2X Solana Market Cap According to a crypto enthusiast on X, Ethereum and Solana represent different classes in the cryptocurrency space. Despite Ethereum’s price remaining relatively stable in the last month of trading, it has managed to draw significantly more capital from the community compared to Solana, the fourth-generation blockchain. On[Read more…]

CertiK Allegations and Solana Labs’ Response Blockchain security firm CertiK recently claimed that Solana’s Saga smartphone harbors a critical “bootloader vulnerability.” Solana Labs, however, disputes these allegations, asserting that the claims are entirely inaccurate. CertiK’s Claims and Solana’s Response In a video released on November 15 and posted on X (formerly Twitter), CertiK alleged that[Read more…]

Solana (SOL) Rally: Exploring the Catalyst Behind the Surge Solana (SOL) has once again emerged as one of the top gainers among major cryptocurrencies, witnessing a remarkable price increase of over 18%. But what exactly fueled this substantial rally in the altcoin, which boasts a market value of $27 billion? It appears that the recent[Read more…]

The Crypto Market Anticipates Bitcoin Spot ETF Approval With the imminent approval of the Bitcoin Spot ETF, the cryptocurrency market is experiencing a surge in optimism, eagerly embracing positive developments. Recently, Cathie Wood, the CEO of ARK Invest, praised the Solana blockchain for its speed and efficiency, contributing to a notable increase in SOL prices.[Read more…]