Solana’s TVL Plummets Despite Developer Resilience
The Solana ecosystem is constantly evolving, with the focus shifting from decentralised exchanges (DEXs) and NFT markets to emerging consumer applications. Recent research by Messari has highlighted the increasing prominence of these consumer apps, indicating a shift in user preferences. Over the past six months, consumer apps have captured over 10% of the user share, […]
Solana & ChatGPT: How High Can Solana (SOL) Go With This Integration?
The enthusiasm surrounding Artificial Intelligence (AI) shows no signs of diminishing. Various companies across different industries have been actively exploring and experimenting with this technology. Several well-known companies have begun incorporating AI into their fundamental business models. Solana Labs is an example of such a company. Solana Labs recently officially integrated AI into its network […]
Can Shiba Inu (SHIB) Reach $0.01 in the Coming Bull Market? Pragmatic Analysis
Shiba Inu (SHIB), the “dogecoin killer” and the second-largest decentralized meme token by market capitalization, has taken the crypto world by storm with its skyrocketing popularity. Despite its rapid rise, SHIB has struggled to shed its multiple zeros and achieve a significant price surge. With the anticipation of the next crypto bull market, the question […]
Solana Unveils the ‘Saga’ – A Revolutionary Android Device
Solana achieved a significant milestone in its history by introducing the “Saga,” a new Web3 Android device, making it the first-ever blockchain to do so. The news of the phone launch was announced on a dedicated Solana mobile Twitter account created specifically for this purpose. The co-founder of Solana Labs, Anatoly Yakovenko, delivered a welcoming […]
Solana (SOL) Rallies By 20% In the Past Week; Here’s Why
Popular blockchain network Solana has enjoyed a positive week, with its native token rising by double digits within this period. This rally comes against the backdrop of the banking crisis that has affected the global financial system. Solana Shows Impressive Rally One of the reasons for this rally is the increase in smart contracts on […]
Binance to Delists Shiba Inu (SHIB) Pairs
Binance, the leading cryptocurrency trading platform, has announced the removal and discontinuation of trading for several spot trading pairs. SHIB/GBP, ALPHA/BNB, ASTR/ETH, CELR/ETH, and DAR/ETH are among the pairs. These changes are scheduled to go into effect on January 6 at 3:00 a.m. UTC for some pairs and 7:00 a.m. UTC for others. Binance also […]
Solana (SOL) Could Become ADA’s Sidechain, says Charles Hoskinson
According to Charles Hoskinson, the Cardano (ADA) network could theoretically sidechain the Solana (SOL) smart contract protocol. Hoskinson explains how Cardano sidechain collaborations work in a YouTube AMA session. “For six years now, we’ve been talking about this, thinking about this, pushing this forward, this concept that you have one main chain and a family […]
Solana Wallets Faces On-Going Attack As $7Million Disappears.
Solana is not experiencing the best period as several hackers have attacked it amid the ongoing bear market. The attack’s aftermath has led to the loss of millions of dollars after over 8,000 Solana wallets were compromised. So far, the private keys to many SOL wallets have been compromised as users claim that their wallet […]
New York Warming Up For Solana Retail Store Launch
Solana continues to build on its massive presence despite the challenges of the bear market and the strict cryptocurrency regulations in the United States. As a result, the SOL network is bringing a retail store to New York residents. Solana Spaces, yet to be launched, was set up in New York City’s Hudson Yards. However, […]
Coinbase Announces Support for Solana Staking
Coinbase announced that it would start giving out 3.85 percent APY staking rewards to people who own Solana (SOL) and lock them on the network. After Coinbase incorporated the Solana blockchain into its wallet, this is the next step. Read also: 9 Best Places to Sell Solana NFTs in 2022 After Ethereum (ETH), Algorand (ALGO), […]