Category Archives: Solana Projects

The Genopets Beta and the upcoming KI launch are two significant milestones toward the Summer game release.  The Genopets Beta Genopets is one of the most awaited games on Solana, a chain with many promising gaming projects for Web3. So at Web3Wire, we decided to try the beta and find out what’s up their sleeve.[Read more…]

Solana has introduced a new fee-priority model designed to help reduce the risk impact on the system and make the network more efficient. Solana’s Change in Gas Fees Solana co-founder Anatoly Yakovenko announced how Solana’s fee-priority method works in the upcoming Solana v1.10.25 network update. Unlike Ethereum, however, Yakovenko has stated this model will not[Read more…]

As Web3 games mature and VC funding increases, Solana positions itself as one of the blockchains with the most exciting gaming projects. Solana: GameFi’s Blockchain of Choice? Even though traditional games are still a mile ahead of their blockchain counterparts, VC funding, vibrant communities, and sheer dev talent could bring them closer in the coming[Read more…]

Solana’s infrastructure relating to nodes is subpar, according to DeFiSafety. The chain is controlled by just 25 validator groups. SOL price and network TVL has slumped over the past six months. promo Get Ready for MetaFight Read now! The Trust Project is an international consortium of news organizations building standards of transparency. Independent ratings organization[Read more…]

The Solana Foundation said on Wednesday that it has raised a $100 million fund to support crypto firms in South Korea. The fund is backed by the Solana treasury, as well as the blockchain’s venture capital arm, Solana Ventures, according to a report by TechCrunch. The move is intended to capitalize on South Korea’s growing[Read more…]

Solana plummeted substantially over the last 24 hours and was inching towards its crucial support line. The technical outlook of the coin continued to reflect bearishness. Few days ago though, the coin had attempted to bring the bulls back. At the current moment, SOL was back to trading near the August 2021 level. Buyers also[Read more…]

The $100 million investment and grant fund has been launched to fund Web3 startups in South Korea, primarily those involved in DeFi and GameFi.  Solana Continues Expansion  The fund has been established through the efforts of both Solana Ventures (the VC arm of the Solana ecosystem) and the Solana Foundation (the non-profit arm of the[Read more…]

The development team explains tokenomics, earning potential, and in-game features ahead of the Alpha on June 30. Metaverse Economy Design Tiny Colony, a PlayAndEarn blockchain game on Solana, released a document on May 26 explaining the ins and outs of their Tinyverse’s economy. The protocol will have a two-token economy with 100,000,000 $TINY governance and[Read more…]

Solana is head-strong in complete command-and-conquer form, hitting new milestones left and right. It has just notched its highest all-time NFT sales volume, with over $2.35 billion as of this writing. This new milestone has placed Solana in third place, following Ethereum and Ronin, two of its biggest rivals. Suggested Reading | STEPN App Gets[Read more…]

Solana has fallen on its chart over the last 24 hours by 2%. Over the last 24 hours, there has been strong bearish influence on SOL’s price. Currently the coin has found support on the $34 level. The market also has been taken over by the bears, Bitcoin has been hovering around the $20,000 mark[Read more…]