Category Archives: Solana News

Solana (SOL) Shows Resilience Amid Uncertainty in 2023 Amidst the market turmoil, Solana (SOL) managed to grow in 2023, making it one of the few top altcoins that performed well. One of the pivotal moments in Solana’s journey this year was its integration with QCAD, a stablecoin pegged to the Canadian dollar. This integration allowed[Read more…]

Solana Price Prediction: Sideways Momentum The Solana price prediction showcases the sideways momentum of SOL crypto over the daily time frame chart. SOL Crypto’s Moving Averages SOL crypto is attempting to sustain at the 20-EMA to surge above the 50, 100, and 200-days daily moving averages. Solana’s Year-to-Date Performance Solana cryptocurrency has gained approximately 95.18%[Read more…]

Friendzy Takes Over Friend.tech Friend.tech is a decentralized social media platform built on blockchain technology. According to data from Dune, the platform has seen weekly volumes hovering around the $2 million mark for the past two weeks. Friend.tech, which experienced a decline in August, made a resurgence after its launch on August 11. Despite being[Read more…]

Base Surpasses Solana in TVL Base’s Total Value Locked (TVL) has reached $397.32 million, surpassing Solana’s TVL of $358.96 million. This signals a significant change in the DeFi sector. While Solana has performed well, with only a 9.64% drop in the past month, Base’s recent TVL surge has taken the spotlight. The DeFi Competitive Showdown[Read more…]

Decentralized Physical Infrastructure Networks (DePINs) on Solana Decentralized Physical Infrastructure Networks (DePINs) on Solana present an innovative alternative to conventional gig economy models. Leading Initiatives in the DePIN Movement Initiatives such as Hivemapper, Render, and Helium lead the DePIN movement on Solana. Kuleen Nimkar and the Potential for Earners Kuleen Nimkar, Solana Foundation DePIN lead,[Read more…]

The Plan for Magic Eden Let’s take a look at the plan for Magic Eden. The Approach to NFT Minting Magic Eden is a destination to discover, express, and own across digital cultures, offering the best and latest NFT collection on the Solana blockchain. The platform is planned to integrate Compressed Solana NFTs into the[Read more…]

Solana’s Rise in the Crypto and NFT Ecosystem Solana, a blockchain platform offering smart contract functionality using a proof-of-stake mechanism, has created a strong position in the crypto as well as NFT ecosystem. Launched in March 2020 by Anatoly Yakovenko, the platform is performing well and has achieved new heights in the increasingly competitive landscape.[Read more…]

Ethereum (ETH) Analysis Ethereum is currently the leading smart contract platform, while Solana was its biggest rival until the major crash. Due to the volatile nature of the crypto market, SOL Coin has been struggling with significant losses for a long time. So, what do the latest data tell us? According to a report by[Read more…]

The Solana Surge Solana often goes with the name tag “Ethereum Killer,” and it has been making waves in the crypto space. With its transaction speed and low transaction charges, Solana has positioned itself as a serious contender and the next big thing in the blockchain space. But what makes Solana stand out from other[Read more…]

Base Surpasses Solana in TVL Earlier this month, Base’s TVL crossed above that of the Solana network. Solana was still moving forward despite the weak TVL performance. Coinbase’s Base network has been growing at a rapid pace since its launch. The fact that it is an Ethereum (ETH) layer 2 network may partly explain the[Read more…]