Solana Analysis

FTX discount sale of $1.9 billion locked Solana faces creditor fury

FTX collectors have strongly disapproved of the bankrupt crypto trade’s choice to promote its Solana holdings at a big low cost to crypto enterprise companies. Earlier at this time, stories revealed that FTX offloaded as a lot as 30 million...

Solana scrambles to tackle failed transaction surge and user complaints

Solana is working “across the clock” to repair its present points, which embody the proliferation of failed transactions on the community. In an April 4 tweet on X, Raj Gokal, the community’s co-founder, revealed that the community was working to...

Bitcoin maintains gains despite bloodbath across crypto, equities after Minneapolis Fed comments

Bitcoin (BTC) surged 5% on April 4, briefly topping $69,400, regardless of a wider market rout in US equities, showcasing its rising standing as a protected haven asset. As of press time, the flagship crypto was buying and selling between...

How Wormhole hacker almost profited from W token airdrop mishap

The malicious actor behind the notorious hack incident that stole over 80,000 ETH from Wormhole in 2022 was briefly entitled to obtain an undisclosed quantity of airdropped W tokens, pseudonymous blockchain researcher Pland revealed. In his social media publish on...

Solana’s stablecoin supply surges past $3 billion, USDC leads the charge

Stablecoin provide on the layer-1 blockchain community Solana has elevated steadily for the reason that starting of the yr, crossing the $3 billion mark throughout the previous week. Information from the blockchain analytical platform Artemis reveals that the stablecoin provide...

Solana DEX trading volume hits monthly ATH of $60 billion

Decentralized exchanges on the Solana blockchain have set a brand new month-to-month report for buying and selling quantity, surpassing $60.34 billion in March, primarily based on DeFiLlama knowledge. This achievement greater than doubles the earlier report of almost $28.14 billion...

Solana DEX volumes surge with over 5.8M traders driving growth

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Solana’s DeFi landscape matures with significant growth in liquidity and lending sectors

What's snipoodle Alpha?A web3 membership designed to empower you with cutting-edge insights and data, powered by Entry Protocol. Study extra ›Join by way of Entry ProtocolEntry Protocol is a web3 monetization paywall. When customers stake ACS, they will entry...

Solana CEO Anatoly Yakovenko denounces influx of racist and offensive memecoins

Members of the Solana neighborhood and the crypto ecosystem denounced the current surge in inflammatory memecoins on March 22.Unknown events just lately took benefit of Solana’s token creation characteristic to introduce hundreds of memecoins with racist and antisemitic terminology...

Solana drops over 15% in a single day, giving up most of its...

Solana (SOL) fell 15.9% on March 19 to a five-day low of $166 after a week-long rally that briefly took it near $210 because it a brand new all-time excessive market cap of round $92 billion. As of press time,...

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Mike Tyson joins boxing blockchain project

Boxing legend Mike Tyson has partnered with the blockchain venture for boxers Prepared To Battle. In accordance with a press...