Tag: Solana
Solana Liquid Staking Reaches All-Time High
Statistics show that people are rapidly use the network for other purposes, such as liquid staking, defying the perception that Solana is solely about memecoins. According to a Dune Analytics…
Solana DEX Raydium Replaces Uniswap
In terms of weekly fees, Raydium, the top decentralized exchange (DEX) on Solana, just beat Uniswap and handled more than ten times as many transactions as Ethereum’s biggest DEX. Raydium’s…
On July 10, a $1 million bug bounty program for the ‘Firedancer’ Solana client will launch
The much sought and eagerly awaited “Firedancer” independent validator client, developed by Jump Crypto for the Solana blockchain, is about to launch its first bug bounty program. The pseudonymous developer…
Compute Labs, a Solana-based GPU tokenization platform, raises a pre-seed investment with a token worth of $30 million
Compute Labs, the company behind a GPU tokenization solution based on Solana SOL -8.48%, raised $3 million in a pre-seed funding round. Compute Labs reported on Wednesday that Protocol Labs,…
In a video on Twitter, Solana advocates for XP, a decentralized TicketMaster substitute
Recently, Solana released a new video to advertise XP, a decentralized TicketMaster substitute. The press statement primarily addresses issues facing the US ticket market and describes how XP employs Solana…
GameStop Meme Coin Collapses during the Peak Kitty Stock Craze
The GameStop (GME) tribute coin on Solana has already outperformed the great majority of its peers by that measure. Many meme currencies only have one brief moment of fame in…
Billy the Solana Meme Coin Soars to a Market Cap of $117 Million
Coin of Solana meme The adorable dog named Billy (BILLY) has surpassed a $100 million market capitalization and is now the second-largest token to be introduced via Pump.enjoyable. Early in…
Ethereum is trailed by 800% YTD in Solana Meme Coins
Memes, with a 22% market share, were identified as the most popular asset type in the CoinMarketCap 2024 H1 report. The Solana (SOL) ecosystem has topped the rankings for the…
QOQ Sees Explosive Growth for Solana Liquid Staking: Analysis
Solana liquid staking increased by 1.76% per quarter and the market became more diverse. Sanctum’s efforts and the growth of jupSOL were very important. According to analyst Tom Wan, Solana’s…
This week, Solana performs better than other crypto currencies because of several factors: Coinbase
Solana has outperformed its rivals this week, climbing 9% over the last seven days, while ether and bitcoin have dropped by 2% and over 4%, respectively. According to Coinbase analysts…
21Shares submits an S-1 for the US spot Solana ETF
Investment company 21Shares filed an S-1 form with the U.S. government one day after competitor VanEck filed a comparable form. Securities and Exchange Commission for an exchange-traded fund based in…
Meme Coin of Solana, CHWY leaps 11,000% After Roaring Kitty’s dog post,
Following the posting of a dog picture by Keith Gill, as Roaring Kitty, on his X profile, an unconnected Solana blockchain meme coin with the ticker CHWY saw an increase…
As VanEck files the first SOL ETF bid, Solana rises 8%
In a filing with the Securities and Exchange Commission (SEC) on Thursday, Spot Bitcoin (BTC) ETF issuer and asset management VanEck made the first-ever offer for a Solana (SOL) exchange-traded…
New Features in Solana Allow for Online On-Chain Transactions
These new features aim to improve Internet users’ accessibility and ease of use when it comes to on-chain transactions. New Features in Solana: Blinks and Actions Users can easily execute…
Meme currencies FLOKI and BONK, based in Solana, rise during a market decline
As of this writing, BONK was trading at $0.000022, up 17%. With a market capitalization of $1.53 billion at present, the cryptocurrency ranks 56th in terms of size according to…
Colosseum, a Solana accelerator, raises $60 million for its inaugural fund
Colosseum, a cryptocurrency accelerator that focuses on Solana SOL +0.19%, has received $60 million for its inaugural fund to support entrepreneurs in the early stages of the Solana ecosystem. According…
LayerZero Token Airdrop Rules Announced, which will award early transactions three times
The CEO of LayerZero Labs, Bryan Pellegrino, recently released the final regulations for the planned airdrop. Rules for the LayerZero Token Airdrop Are Known Early participants will receive substantial incentives…
These two Solana initiatives are listed by Franklin Templeton as early “DePIN” winners
Supporters of blockchain technology claim that it can disrupt more than just the financial markets; it can also decentralize the infrastructure that underpins internet-based services like computing, mapping, and wireless….
Bond for Global Brands Is Launched by Solana Labs to Increase Customer Engagement!
Bond, a cutting-edge platform from Solana Labs, is introduced to help international brands improve consumer interaction. Bond will effectively foster even closer ties with consumers and spark brand loyalty by…
The multisig protocol based on Solana Squads introduces a retail wallet app and raises $10 million, Fuses
The company behind Squads Labs, the primary developer of the multisig protocol Squads, which is built on Solana, has secured $10 million in a Series A fundraising round and released…