Solana (SOL)

NFT marketplace Magic Eden integrated Solana’s compressed NFTs, allowing mass production of NFTs at lower cost to promote wider adoption.

Solana price could fall 10% as FTX gets court approval to sell off $3.4B in crypto including SOL.

Rumors of an FTX dump lack substance, as SOL holdings are locked up. Technicals point to support at the 61.8% Fib level.

Solana’s native token SOL has plummeted over 5% against Bitcoin, underperforming major altcoins, even after announcing a promising partnership with Visa earlier this week.

With lightning speed, low costs, and robust smart contracts, Solana is revolutionizing entertainment by tokenizing assets, powering NFT marketplaces, and enabling new models for content creation and distribution.

Solana’s price saw a boost from Visa’s adoption news, but it’s uncertain if this will reverse SOL’s longer-term downtrend.

Visa is working with USDC stablecoin and Solana blockchain to improve the speed of payments, with SOL crypto seeing a 4% gain.

Solana Pay’s integration with Shopify allows merchants to leverage low-fee WEB3 payments, marking an important milestone for Solana’s real-world usage that could increase network utility and demand for the SOL token.

Solana Pay’s integration with Shopify enables mainstream e-commerce businesses to easily accept fast, inexpensive USDC crypto payments and offer creative NFT-based loyalty programs.

Solana Labs’ GameShift toolkit simplifies blockchain game development for newcomers and traditional studios.