Solana (SOL)

Despite Broad Crypto Downturn, Solana Hits $200 Range and Overtakes BNB

March 18, 2024 Bitcoin.com

Altcoins

Based on the latest metrics, the cryptocurrency landscape has experienced a widespread but modest downturn. Yet, the digital asset solana has risen by 12.2% in the last 24 hours and 43% against the U.S. dollar over the past week. Currently, solana surpassed the $200 mark per coin as it closed in on BNB’s market capitalization. […]

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The Uphill Quest — Top Cryptos Face Significant Hurdles to Reclaim Peak Prices

February 29, 2024 Bitcoin.com

Altcoins

As of Feb. 29, 2024, at 11:30 a.m. ET, bitcoin’s price stands a mere 9.5% shy of its record high of $69,044 per unit, achieved on Nov. 10, 2021. Below is an examination of several leading cryptocurrencies and their proximity to their historical peaks. The Herculean Task for Some of the Top Cryptos to Return […]

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Lighthouse Protocol Aims to End Wallet Draining Attacks on Solana

February 27, 2024 Bitcoin.com

Altcoins

Lighthouse Protocol, an initiative that simulates transactions, aims to end the security problems derived from using unknown smart contracts in Solana. The project, which is currently in its testing stages and is projected to be included in more wallets this year, would avoid the execution of any movement that unexpectedly changes the outcome of a […]

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Solana Mobile’s Chapter 2 Reaches 100K Preorders, Guarantees Production

February 13, 2024 Bitcoin.com

bitcoin.com

Solana Mobile, a smartphone-focused subsidiary of Solana Labs, has announced that its second mobile phone, Chapter 2, has reached 100k preorders in less than 30 days, hitting a milestone that now guarantees the production of the hardware device. The company reported that the preorder price of $450 will be maintained only for the next two […]

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‘Ethereum Killers’ Managed to ‘Kill’ Themselves in 2022 Rather Than Beat the Smart Contract Economy’s Heavyweight Champ

December 30, 2022 Bitcoin.com

Altcoin performances

At the end of 2021, a myriad of people thought a handful of smart contract platform tokens, often referred to as ‘Ethereum killers,’ would flip the second-largest crypto asset in terms of market capitalization in 2022. As 2022 comes to an end, statistics show that none of the so-called ‘Ethereum killers’ have surpassed the leading […]

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2 NFT Projects Plan to Transition From Solana to Alternative Blockchains

December 26, 2022 Bitcoin.com

2 NFT projects

Two prominent Solana projects have announced they are transitioning over to new blockchains. The non-fungible token (NFT) venture Degods detailed it will be moving to the Ethereum chain and the Y00ts NFT team detailed it is moving to Polygon. Both teams said the transitions will take place in 2023. Degods Says NFT Project Will Move […]

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2022’s Market Review: Crypto Economy Loses $1.4T, Top 10 Token Knockouts, Terra’s Collapse

December 22, 2022 Bitcoin.com

$1.486 trillion

2022 is coming to an end and during the last 12 months, the crypto economy has lost roughly $1.486 trillion in value against the U.S. dollar. On Dec. 20, 2021, bitcoin was trading for $46,406 and it has lost more than 63% in value year-to-date, while the second leading crypto asset ethereum shed 69% against […]

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Solana Struggles to Remain in the Top 20 as Prior Ties to FTX and Alameda Wounded the Project

December 16, 2022 Bitcoin.com

18th position

Amid the market chaos within the crypto economy and following the climactic FTX collapse, the crypto asset solana has been one of the hardest hit during the last 30 days. Since FTX’s fallout, the digital currency lost 8.5% over the last month against the U.S. dollar and to date, it’s down 94.9% since the all-time […]

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SBF’s ‘Truly Trustless’ Protocol — Serum’s Upgrade Authority May Be Tainted, Devs Look to Fork Project

November 13, 2022 Bitcoin.com

Altcoins

According to Solana’s founder, Anatoly Yakovenko, Serum developers are forking the platform because the “upgrade key to the current one is compromised.” Serum, created by FTX’s Sam Bankman-Fried (SBF), was touted as “completely permissionless,” but now that the exchange has fallen, it’s suspected that Serum’s upgrade authority is tainted. A So-Called ‘Trustless’ Defi Protocol With […]

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Google Cloud Is Running a Solana Validator, Blockchain Node Engine to Support SOL Chain Next Year

November 6, 2022 Bitcoin.com

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After Google Cloud announced that it would offer a product called the “Blockchain Node Engine” and further noted that Ethereum would be the first blockchain supported, the company revealed it was running a Solana validator on Nov. 5, 2022. Google said that the cloud division is currently working with Solana in order to bring the […]

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