Solana Emerges as Fastest Blockchain Amid Meme Coin Frenzy
A report reveals that Solana became the fastest blockchain, outperforming Ethereum and Polygon, during the recent meme coin craze, reaching a record 1,504 transactions per second.
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Solana’s NFT Boom Amid Declining DEX Volumes: SOL Impact
Solana has experienced a surge in NFT trading volumes, outpacing Bitcoin and Ethereum, while decentralized exchange (DEX) volumes on the network continue to decline, potentially affecting the market performance of SOL, the native cryptocurrency.
Solana to Breach All-Time High Despite Activity Drop, Expert Says
Despite a recent 30% drop in total value locked (TVL) on the Solana blockchain, an expert predicts that Solana has the potential to surpass its all-time high, citing factors such as network improvements, growing adoption, and Stripe’s re-entry into the crypto market.
Jupiter Bolsters Mobile Expansion with Ultimate Wallet Acquisition
Solana decentralized exchange aggregator Jupiter has acquired Ultimate Wallet, a self-custody crypto wallet firm, as part of its strategy to enhance mobile capabilities and attract millions of new users.
Rebel Satoshi Arcade Thrives as Dogecoin and Solana Stumble
While top altcoins Dogecoin and Solana struggle in the bearish crypto market, the new altcoin Rebel Satoshi Arcade, combining GameFi and NFTs, has sold nearly 80% of its presale tokens, showcasing strong investor interest and potential.
Coinbase Wallet Integrates with Solana DEX
Coinbase Wallet has integrated with the Solana decentralized exchange (DEX), allowing users to trade over 50,000 Solana tokens and increasing accessibility and liquidity in the Solana ecosystem.
DeFi Lending Platforms Embroiled in Heated Dispute
Decentralized finance lending platforms MarginFi, SolBlaze, and Solend are engaged in a controversy involving accusations of misconduct and misinformation, highlighting the complexities of the rapidly evolving DeFi landscape.
Solana Devs Tackle Network Congestion Issues
Anza, a Solana-focused development collective, has announced measures to address the network’s ongoing congestion issues, including planned patches and improvements to the Agave validator client.
Circle Brings Cross-Chain USDC Transfer to Solana with New Partnership
Circle has partnered with Solana to introduce its cross-chain transfer protocol (CCTP) to the Solana blockchain ecosystem. This integration will enable secure and native swapping of USDC tokens between Solana and other blockchain networks like Ethereum, Avalanche, and Cosmos.
Solana Overtakes BNB
While Solana (SOL) surpassed BNB in market cap, fueled by new meme coin launches, the highly anticipated Milei Moneda ($MEDA) is poised to outshine both, with experts predicting a remarkable price upswing upon its imminent launch.