Category Archives: Solana News

Solana (SOL) The crypto arena has witnessed lows and highs, but it is the resilience that matters. Amidst the crypto winter, Solana (SOL), Ethereum (ETH), and Bitcoin Spark (BTCS) have demonstrated remarkable performance this year. They gained significant attention for impressive prices, innovative approaches, and unique features in the blockchain space. Bitcoin Spark (BTCS) Bitcoin[Read more…]

Solana: A Swift and Cost-Efficient Blockchain Solana stands out as one of the swiftest blockchains, attracting considerable attention from investors and users seeking robust alternatives within the dApp landscape. Its remarkable speed and cost-efficiency even outpace Ethereum, the widely recognized leader in the field. Exploring Solana Projects for Investment As we step into Q4 2023,[Read more…]

How Does Shiba Budz (BUDZ) Work? The Shiba Budz (BUDZ) ecosystem uses BUDZ to make it easier to pay for smart contract services, goods, gaming, and liquidity. Shiba Budz (BUDZ) Treehouse Wallet and Gaming: A New Frontier in DeFi The Shiba Budz (BUDZ) ecosystem includes the Treehouse Wallet and a gaming platform, both of which[Read more…]

Is VC Spectra (SPCT) the Best New Crypto Investment? Before delving into why VC Spectra (SPCT) might be an attractive investment, let’s first examine the latest developments with Tether (USDT) and Solana (SOL). Summary Tether (USDT) Makes a Significant Investment in Bitcoin Mining On September 21, Tether announced its recent investment in Northern Data Group[Read more…]

Solana’s Resilience Despite Falling Daily Active Addresses Solana ($SOL) recently experienced a decline in its daily active addresses, attributing it to a reduction in bot activity. Nevertheless, the strong recovery of $SOL has kept its holders unfazed. On September 1, $SOL was trading at $19.33, but as bearish pressures intensified, it dropped by 8.2% to[Read more…]

Bullish Breakout Potential If buyers manage to retake the $19.76 level, bullish breakouts could be on the horizon. This level holds key significance for SOL’s price movement. Descending Channel Pattern The SOL price has been following a descending channel pattern, marked by lower highs and lows. This pattern suggests a bearish trend that traders should[Read more…]

Introduction Solana (SOL) has been experiencing a downtrend since the end of July. The TVL of the network has also been on a decline for a while. However, this situation may not be a cause for excessive concern for investors. Developments related to Solana indicate the company’s determination to grow. QCAD has been launched on[Read more…]

David Hoffman’s Observation David Hoffman, a crypto analyst and Ethereum influencer, has identified a concerning disconnect in the Solana network. This discrepancy revolves around the number of SOL tokens issued and the fees the network manages to capture. Taking to X, the social media platform, Hoffman shared his findings, stating that Solana currently distributes approximately[Read more…]

Boosting DeFi Engagement through Points Programs and Collaborations Solana’s protocols employed points programs and collaborations to boost DeFi engagement. TVL Growth and DEX Volume Decline Despite TVL growth, DEX volumes dipped; Visa partnership sparked optimism. Solana [SOL] recently encountered difficulties in gaining a strong foothold in the fiercely competitive DeFi sector. To address this, the[Read more…]

Introduction Two popular altcoins continue to struggle to survive in the challenging conditions of bear markets. After rapidly approaching the $26,800 mark today, the price of Bitcoin fell even faster. The open positions were erased at the same speed after increasing by $600 million. So, what does the current situation indicate for altcoins? Will the[Read more…]