Tag: Solana

Solana-based Non-Fungible Token (NFT) is performing pretty well. The secondary sales volume of the NFT has almost touched $500 million since the August start. As per the data by CryptoSlam, secondary sales have brought around $498 million from more than 348,000 transactions till date. The average sale per NFT is coming to around $1,500. Data […]

Solana-based asset management protocol, Synchrony, has raised $4.2 million in a strategic funding drive. The funding was secured in two rounds of seed and private token sales. Sanctor Capital, Wintermute Trading, HashKey, Magnus Capital, and several others led the round. According to Andrew Fraser, Cofounder of Synchrony Labs, “Synchrony is hyper-focused on fostering an inclusive […]

US-based branch of cryptocurrency exchange FTX has unveiled its collectibles marketplace, FTX NFT. Prior to the announcement, you could only trade NFTs that are minted directly on the website on the FTX.US’s NFT marketplace. Now, the new marketplace will support the buying and selling of NFTs based on the Solana blockchain. Speaking about the development, […]

TL;DR Breakdown Solana’s price prediction is bearish today. The price for SOL/USD is currently $166. The bulls are having a hard time breaking above $170. Today, Solana’s price is once again under selling pressure. Selling pressure has resumed after a brief rally to $175 over the last few hours. As a result, we anticipate that […]

Bitcoin (BTC) has beat stocks and other commodities, to become the best performing asset of 2021, as per official data. We are barely 5 days in October, and BTC already sees 15% gains, this clearly outperforming worldwide macro assets. Ultimately, this means that Bitcoin has seen a year-to-date return of just below 50% BTC Hodlers […]

A new CEO for Solana-based blockchain project, Metaplex, has been hired. Adam Jeffries, a former developer that Google was announced on Wednesday as the CEO for the NFT marketplace. Metaplex partners with Solana Labs to mint and sell non-fungible tokens. The marketplace was launched in the month of June and, since then, has picked up […]

Solana has been the best performing crypto asset in the world, rising through the bearish trend and establishing dominance. Observing Solana’s great success, Raoul Pal claims that Solana has the potential to establish dominance as Ethereum did in the 2017 bull run. This statement might be bold, but Solana has certainly displayed extraordinary performance this year. BitBoy […]

The Solana blockchain is back online after multiple hours long outage. As previously reported by TheBlock, Solana Blockchain transaction blocks came to a stop on Tuesday. Developers later said that Solana mainnet “encountered an oversized increase in transaction load which peaked at 400,000 Transactions per second. These transactions flooded the transaction processing queue, and lack […]

SOL-USD is trading bearish on Solana price analysis. The overall crypto market is trading in the bearish zone During this time, SOL-USD is trading at $180 ranges. SOL-USD is trading bearish on Solana price analysis. This can be after the coin underwent a bullish continues two days ago into the $220 region and corrected downwards […]

Crypto asset manager Osprey Funds has launched a Solana trust product for personal placement. The product will offer exposure to SOL, the native token used on the Solana blockchain. Osprey said it’s the primary investment product within the U.S. to take a position exclusively in SOL. Osprey rival Grayscale recently said it’s exploring to launch […]

Earlier today (August 31), as Solana’s $SOL token continued its incredible bull run, one of the partners at Spartan Group expressed in a succinct way how bullish they are on $SOL right now. Spartan Capital is a cryptoasset management firm with an investment team that has “over 20 years of experience in investment research and […]

Solana Will Suck Liquidity From Altcoin Market Over Next Few Days/Weeks, Says Analyst Solana is the hottest crypto asset in the altcoin market. Earlier today, as nearly 80% of the top 50 crypto assets by market cap were in the red, Solana ($SOL) was putting in another dazzling performance, surging to new all-time highs with […]

Ethereum competitor Solana DeFi name roughly translates to sunshine. And, boy, is the blockchain heating up right now. The Solana network passed $2 billion in total value locked for the first time today, according to stat tracker DeFi Llama. Total value locked, or TVL, refers to how many crypto assets are tied up in decentralized […]

Solana price enjoyed a hefty boost during the popular music festival after advertisements for Solana appeared throughout Lollapalooza’s opening day. Day one of the three-day festival kicked off yesterday with a bang. Headline acts included Miley Cyrus, Playboi Carti, Steve Aoki—and Solana.  That’s because the crypto project has sponsored one of the Lollapalooza stages. Videos […]

Solana ($SOL) is taking on one of the biggest challenges with existing blockchains – scalability. This problem has always been the bane of cryptocurrency mass adoption. With low transaction throughput, cryptocurrency cannot fully compete with payment systems like Paypal or Visa. And this is the reason why Solana was developed. With the capacity to process […]