Tag: Solana
AgriDex, a tokenization platform located in Solana, has raised $4 million in strategic capital
In a strategic funding round, AgriDex, a tokenization platform centered on agricultural commodities and based in Solana, has raised $4 million. HU Investments, FS Ventures, Endeavour Ventures, Hawkwood Capital, and…
Marinade, a staking platform, proposes to democratize MEV on Solana by combating malicious validators
One of the biggest Solana staking platforms, Marinade, is debating a new governance proposal to combat malevolent validators and resolve the network’s current maximum extractable value (MEV) problem. MEV is…
Solana-Based Wallet Phantom Adds Transactions to the Web3 Payments Infrastructure
On December 5, Phantom, a non-custodial bitcoin wallet based in Solana, revealed that it had integrated Web3 payments provider Transak to enhance user experience and streamline cryptocurrency access. Phantom users…
The biggest decentralized exchange in Solana introduces a new swap function that guarantees traders the lowest pricing
Marius Ciubotariu, a co-founder of Kamino, announced the project’s new swap feature on Thursday. Kamino is the biggest decentralized exchange on Solana. According to Ciubotariu, the platform would be “intents-based,”…
As the memecoin frenzy continues to drive network activity, 89% of new token releases are powered by Solana
With 89% of new tokens opting to launch on the network, Solana continues to dominate new token activity, even as Bitcoin makes headlines with new price milestones. Given that the…
Huma Finance, a “PayFi” business, aims to broaden its trade financing offerings by expanding to Solana
To enhance its “instant liquidity solution,” Huma Finance, an EVM-based payment finance network, is launching on Solana. A program that offers authorized investors larger rates is launched at the same…
The “most distributed” Solana airdrop is GRASS, with over 1.5 million addresses claiming tokens
Dune Analytics reports that the number of addresses that have claimed the GRASS token airdrop has increased to about 1.5 million. In terms of the total number of addresses that…
$10.8 million in fresh financing is raised by the Solana DePIN Mawari Network
In a strategic fundraising round, Mawari Network, a decentralized physical infrastructure network (DePIN) focused on spatial computing, raised $10.8 million. The DePIN is located on Solana. According to Mawari Network…
Details of the new Solana liquid staking token are revealed by Binance
With the so-called BNSOL tool, users will be able to mint a liquid staking token that can be utilized while the underlying tokens are locked up and stake SOL tokens…
Drift Protocol introduces a prediction market
BET is a prediction market that has been introduced by Drift, a perpetual trading protocol based in Solana. Cindy Leow, a co-founder of Drift Labs, stated on the social media…
Did Drake Just Make a Sneaker Ad Reference to a Solana Meme Coin?
Aubrey Drake Graham is getting ready for the newest release from his NOCTA sportswear brand, which he developed in partnership with Nike. Amidst the recent drama between him and Kendrick…
After Ethereum’s 2020 Rally, an analyst reveals a “reasonable” bull market price target for solana, according to SOL
On the social networking platform X, a pseudonymous expert named Kaleo informs his 643,700 followers that Solana seems to be mimicking the price movement of Ethereum in late 2020, right…
Trading volume on Solana DEX declines as activity on Ethereum and Base rises
DefiLlamma data shows that the trading volume of the Solana-based decentralized exchange (DEX) has dropped by more than 10% in the last week. Trading volumes on the Ethereum, Base, and…
Solana Developers Quietly Repaired a Critical Vulnerability
This week, Solana developers covertly discovered and addressed a serious vulnerability, which very few people were aware of. The covert patch, on the one hand, calls into doubt the degree…
Solana observes record Jito validator tips in the midst of fresh coin launches and an increase in network traffic
The ecology of Solana is humming with activity, and Jito validators are benefiting from it. Jito validator tips have increased dramatically; last week, they hit an all-time high of 17,290…
The “memecoin frenzy” in Solana makes Rust devs more necessary
Rust coders are in more demand as a result of the Solana memecoin craze that started in the first half of 2024, according to the CEO of a cryptocurrency jobs…
Binance Labs provides financing to Solayer
The $10 billion venture capital and incubator division of cryptocurrency exchange Binance, known as Binance Labs, has made an undisclosed investment in Solayer, a Solana restaking system. The investment made…
The market cap of Solana Memecoin drops by double digits
The Solana SOL based memecoin market cap has experienced a double-digit decline over the last 24 hours due to volatility in international markets and the sell-off of large cryptocurrency holdings…
Solana uses $55 billion to flip Ethereum DEX volume
-2.77% Solana Solana sol According to DefiLlama, Solana DEX volume reached $55.8 billion in July, surpassing Ethereum’s on-chain trading activity between July 1 and July 31 (Ethereum eth -0.12%). The…
As Solana Neiro Coins Battle, an Ethereum Rival Overtakes Them
This past weekend, the owner of the dog that gave rise to the Doge meme declared she had taken in a 10-year-old Shiba Inu rescue named Neiro, which sparked a…