Solana’s Saga Phone Struggles To Meet Sales Expectations
Amid underwhelming sales figures, the future of the Saga Phone, a crypto-focused smartphone by Solana, is questionable, as reported by CoinDesk. Solana’s Saga Phone, initially priced at $1000, was reduced to $599 in August due to slow sales. Despite Solana’s SOL token experiencing a 500% surge this year, the company’s hardware venture is yet to […]
Solana Seizes Limelight In Layer-1 Token Rally, Bitcoin Breaks Through $38K
In the latest market movements, Bitcoin has broken the $38,000 barrier, instigating a surge in Layer-1 tokens, with Solana’s SOL token leading the way. Bitcoin’s price crossed the $38,000 mark during Wednesday’s Asian morning trade. The surge is attributed to renewed hope for a spot exchange-traded fund (ETF) approval and expectations for potential rate cuts […]
Surprise Surge For Solana’s Meme Coin BONK Following Binance Listing
In recent cryptocurrency news, BONK, the meme coin of the Solana network, has witnessed a 25% increase following its new listing on Binance, the world’s largest cryptocurrency exchange. On Tuesday, Decrypt reported that BONK experienced a sharp increase in its value, with a spike of over 25%, as per CoinGecko data. This sudden surge is […]
Is Dogecoin Really Going to the Moon?
🚀 GM, Grab your favorite beverage (even if it’s a little early, we won’t tell), and get ready for the juiciest headlines that have been lighting up the Internet this week! 📰 Is Dogecoin Really Going to the Moon? Can You Believe Snoop Dogg is Saying Goodbye to Weed? Solana’s Rally Gets a Shout-Out from […]
Solana hits yearly high after 13% daily surge
Solana (SOL) has recently touched a new yearly high, following a remarkable 13% daily surge. The blockchain network has demonstrated a commendable 30-day return profile, with over a 170% gain. As reported on Thursday, Solana peaked in 2023 on November 10, it remains approximately four times below its all-time high of $259.96. The Solana network’s […]
Solana’s SOL soars 80% in October as Firedancer testnet launches
Solana’s (SOL) price has surged nearly 81% in the past 30 days, fueled by the testnet launch of its long-awaited scaling solution, Firedancer. The blockchain network’s token hit highs not seen since August of the previous year, reaching over $41 on November 2. The gains come on the back of Firedancer, which is touted as […]
Bitcoin breaks through $35K barrier, Altcoins follow in hot pursuit
Bitcoin (BTC) has reclaimed the $35,000 mark, while altcoins, led by Solana (SOL), Polkadot (DOT), and Avalanche (AVAX), are witnessing a sharp price rally. Bitcoin’s price reached a 17-year high above $35,500 on Wednesday. At press time, the cryptocurrency was trading around $35,500, marking a significant break from the $35,000 level that had capped its […]
FTX’s Bankman-Fried on trial yet no word on FTT amid discussions on Dogecoin and Solana
The trial of Sam Bankman-Fried, the founder of the now-dissolved FTX exchange, has begun. The trial opened with discussions of Bitcoin, Ethereum, Dogecoin, and Solana, but notably, FTT, the exchange’s native token, was not mentioned. During the first day of trial on Tuesday, the prosecution’s opening statements in the New York district court were primarily […]
Rising star Solana outshines Ethereum with whopping $5M inflows
Investors have shown increased interest in the altcoin Solana, as it outshines others with $5 million inflows this year, leaving Ethereum behind with outflows of $1.5 million. Digital asset investment products witnessed inflows over the past week, registering the first inflow in the past six weeks totaling $21 million. This occurred in spite of earlier […]
Metaplex’s “Bubblegum” fuels the minting of Millions of compressed NFTs on Solana
Solana’s blockchain is experiencing an influx of compressed non-fungible tokens (cNFTs), thanks to Metaplex’s Bubblegum, a technology that aids in the creation of over 3 million NFTs weekly. Metaplex has developed Bubblegum, a tool that diminishes the cost of minting and engaging with NFTs on the Solana blockchain. This technology employs compression methods to generate […]