Solana Financial News

24.05 / 07:17

Blockchain defi solana Funding Solana integrates AI into blockchain, raises grants fund to $10M

On May 23, the Solana Foundation, a nonprofit dedicated to maintaining and developing the layer-1 Solana blockchain, announced that it has integrated artificial intelligence (AI) using a ChatGPT plugin developed by Solana Labs.

17.05 / 16:11

solana SOL gas fees Time Solana Price Prediction as SOL Blockchain Sees Huge Surge in New Users Following Spike in ETH Gas Fees – Time to Buy?

The Solana network, a layer-1 smart-contract-enabled blockchain protocol famed for its high transaction throughput and low gas fees, has seen a spike in daily users in recent weeks.

08.05 / 23:49

NFT solana Metaverse meme coins Artificial Intelligence STX Render Best Crypto to Buy Now 8 May – Render, Stacks, Solana

Bitcoin's value has once again dipped under $28,000, influenced by various factors such as the dwindling interest in the PEPE meme cryptocurrency, Binance issues, and Bitcoin congestion problems.

05.05 / 16:29

solana FTX Solana Founder Unfazed by FTX Troubles and Growing Blockchain Competition – Here's the Latest

Solana Labs founder Anatoly Yakovenko remains confident about the prospects of the Solana blockchain amid increasing competition from other emerging blockchain networks.

05.05 / 13:03

markets Altcoin solana Altcoin Watch Tech Analysis Sui Price SUI price drops 70% from market debut top amid excessive supply concerns

The price of Sui (SUI) has dropped sharply after its market debut across leading cryptocurrency exchanges.

30.04 / 16:33

markets Altcoin solana Cosmos Price Analysis Bitcoin Bitcoin Price Just Bitcoin or diversify? 5 cryptocurrencies to watch in the next few days

Risky assets marginally extend their up-move in April. The S&P 500 Index rose around 1.5% in April while Bitcoin (BTC) is on track to end the month with gains of more than 4%. Could the rally continue in May or is it time for a pullback?

29.04 / 07:33

XRP solana Bitcoin price today crypto news Bitcoin crypto price today Crypto Price Today: Bitcoin holds above $29k; Solana, XRP rise up to 4%

Bitcoin (BTC) rose 2.21% to $29,507, whereas Ethereum (ETH) was above the $1,900 level. BTC volume in the last 24 hours stood at approximately $22.95 billion, falling 35.61% in the last 24 hours. «BTC is trading in the $29.5k range, up ~2% in the last 24 hours as unrest in the banking sector resurfaces and US’ economic growth slowdown,» Parth Chaturvedi, Crypto Ecosystem Lead at CoinSwitch, said. The global cryptocurrency market cap was trading higher around $1.21 trillion, rising 1.71% in the last 24 hours. The total volume in DeFi is currently 3.65 billion, 7.88% of the total crypto market 24-hour volume. The volume of all stablecoins is now $40.51 billion, which is 87.47% of the total crypto market 24-hour volume.

27.04 / 14:29

Ethereum Adoption solana Multichain Phantom Wallet CEO explains why wallets must move to be multichain

Wallets have always been a key topic in the cryptocurrency industry because of their essential role in adoption. As the crypto world evolves and enters the multichain phase, wallets may need to operate differently. In Episode 16 of Hashing It Out, Phantom Wallet CEO Brandon Millman joins Elisha Owusu Akyaw to discuss how wallets are adapting to the cryptocurrency space’s multichain nature. Millman also shares his thoughts on airdrops for wallet applications, regulations and what a multichain landscape means for adoption.

20.04 / 20:21

Blockchain Technology solana transactions Decentralization Tech Tech Analysis Blockchains like Solana brag about TPS — but it's misleading

The throughput of blockchains — namely, their ability to process X number of transactions per second (TPS) — is often touted in such a way as to downplay other considerations, such as decentralization and security. The blockchain trilemma, of course, acknowledges that succeeding in all three areas is challenging, though not impossible.

18.04 / 17:45

markets NFT Altcoin solana Altcoin Watch Solana on-chain and derivatives data highlight the limitations of SOL’s potential price breakout

Solana saw two positive developments this week with the launch of the Saga Android-based smartphone powered by Solana blockchain and the retail trading debut of Grayscale’s Solana Trust shares.

17.04 / 18:43

markets Altcoin solana Grayscale Altcoin Watch Bitcoin Price Drop SOL price risks 20% drop despite Grayscale Solana Trust's retail debut

On April 17, the price of Solana (SOL) crept lower in the wake of similar price moves across the top-ranking cryptocurrencies, including Bitcoin (BTC) and Ether (ETH).

14.04 / 22:51

solana SOL saga Solana Price Prediction as Solana Mobile Saga Launches – Can SOL Reach $1,000 in 2023?

News that Solana Labs, the company behind the development of the smart-contract-enabled, high-performance Solana blockchain, will launch its crypto-integrated Android mobile phone on the 8th of May has failed to boost the Solana (SOL) price on Friday.

12.04 / 01:13

Ethereum solana Crypto Exchange Ethereum Upgrade Cryptoverse: Ethereum upgrade to unlock $33 billion

A new software upgrade to the Ethereum blockchain, dubbed Shapella, will let market players redeem their «staked ether» — coins they have deposited and locked up on the network over the past three years in return for interest. About 15% of all ether is staked, totaling $33.73 billion in market value, according to data from Dune Analytics. Up to 1.1 million ether will be ready for withdrawals in the week following the revamp of the blockchain, estimated Sreejith Das, CEO at Attestant, a company that facilitates the staking of ether. That would be worth nearly $2 billion, based on the latest ether price of about $1,860.

07.04 / 16:37

Blockchain defi solana SOL Costs Solana's Latest Tech Solution Aims to Dramatically Reduce On-Chain Storage Costs – Here's How it Works

Popular layer-1 blockchain Solana has unveiled a new solution that will dramatically decrease the cost of storing data on-chain.

06.04 / 20:49

business Blockchain solana Tokens Metaverse Solana reveals cost-cutting solution for on-chain storage

Layer-1 blockchain Solana has released a new solution aiming to drastically reduce the cost of on-chain storage. Called state compression, the technology promises to bring down the cost of minting 1 million nonfungible tokens (NFTs) on the network to nearly $110.

04.04 / 11:37

solana SOL Solana price SOL/USD Solana Price Prediction 500 PUMP Solana Price Prediction as $500 Million Trading Volume Floods In – SOL Pump Incoming?

The SOL token, which powers the Solana smart contracts ecosystem, is currently trading at $20.00, 60% above the lowest price point in 2022, and 30% above the lows experienced in March 2023, indicating a significant upward trend.

31.03 / 15:43

markets Altcoin solana Altcoin Watch FTX Bitcoin Price Solana overcomes FTX fiasco — SOL price gains 100% in Q1

The price of Solana (SOL) fell nearly 95% in 2022, partly due to its association with tainted crypto entrepreneur Sam Bankman-Fried and his collapsed ventures FTX and Alameda Research. But so far in 2023, things have improved for the SOL price.

30.03 / 13:57

Blockchain defi solana Web3 layer2 Dapps Cosmos Testnet Injective launches layer-2 testnet for Solana-based apps in Cosmos

Developers may soon be able to port Solana Web3 apps to the Cosmos ecosystem, bringing new users to these apps and providing a greater variety of uses for Cosmos blockchains.

29.03 / 10:47

markets Altcoin solana Altcoin Watch layer2 Tech Analysis L2 ARB price ARB price to $2? Ethereum L2 rival Arbitrum will double in April, fractal suggests

The price of Arbitrum (ARB) has dropped by nearly 20% a week after establishing its record high at $1.60 on March 23. However, the Ethereum layer-2 token looks set to resume its uptrend in the coming weeks.

16.03 / 06:09

business NFT solana Marketplace Solana NFT Formfunction to shutter marketplace amid Solana NFT slump

Formfunction, a Solana (SOL)-based nonfungible token (NFT) marketplace, has announced its closing up shop after only 13 months of operation amid a slump in Solana NFT prices and trading volumes.

03.03 / 23:27

regulation solana European Union US regulators Solana faces 'lack of appetite' from US regulators, says Austin Federa

Austin Federa, head of strategy at the Solana Foundation, spoke to Cointelegraph at the ETH Denver conference on the network's outages, the impact of regulation, and the launch of its mobile device.

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