Solana

The Solana Foundation, a nonprofit entity dedicated to the maintenance and development of the Solana blockchain, revealed that it has incorporated artificial intelligence (AI) using a ChatGPT plugin developed by Solana Labs. The developers of Solana informed that the ChatGPT plugin is readily available on GitHub for download, as Cointelegraph reports, as it aims to […]

In a recent interview, Solana Labs Co-Founder Anatoly Yakovenko revealed that the Solana (SOL) blockchain is prepared to accommodate hundreds of millions of users. During an interview with YouTube series Token Terminal, Yakovenko stated that the Ethereum (ETH) competitor has the potential to meet global blockchain needs, considering the affordability of the current bandwidth infrastructure. Yakovenko explained […]

The total value locked (TVL) on the Solana ($SOL) network has grown over 26.5% since the beginning of the year to surpass $259 million, even after the collapse of FTX and its sister firm Alameda Research, which were known SOL proponents and heavily damaged the network’s reputation. The total value locked on the network is […]

Institutional investors have dumped cryptocurrency investment products offering them exposure to top digital assets like Bitcoin ($BTC) and Ethereum ($ETH) over the past week, but have notably kept raising bets on products offering exposure to altcoins like $XRP, Solana ($SOL), Litecoin ($LTC), and Polygon ($MATIC). According to CoinShares’ latest Digital Asset Fund Flows report, this […]

Institutional cryptocurrency investors have raised their bets on cryptocurrency investment products offering them exposure to Solana ($SOL) and $XRP, the native token of the XRP Ledger, during the past week, which saw record outflows from crypto investment products. According to digital asset manager CoinShares, cryptocurrency investment products saw a record-setting $255 million in net outflows, […]

A Solana ($SOL) whale has, according to transaction data from the cryptocurrency’s blockchain, deposited $10.2 million worth of the smart contract platform’s native currency to Coinbase, a leading US-based cryptocurrency exchange. In total, the Solana whale moved 537,352 tokens to the trading platform, in a transaction that came after Solana’s price rose over 16% in […]

A Solana-based alternative cryptocurrency (altcoin) called Access Protocol ($ACS) has seen its price surge over 200% after a major South Korean cryptocurrency trading platform announced it was listing its token. According to a recently published announcement from Upbit, a Seoul-based exchange Upbit, which has been registering more trading volumes than any other exchange in the […]

A cluster of massive Solana whale wallets has transferred over $60 million worth of $SOL to the Nasdaq-listed cryptocurrency exchange Coinbase in a series of transactions that suggests the funds were moved by a single entity. According to data from whale monitoring service Whale Alert, a series of transactions worth between $12 million and $12.5 […]

 A recent research report by Coinbase Institutional looks at the mechanics of the Solana ($SOL) protocol and its competitive positioning in the layer-1 blockchain space. According to this report, which was written by Research Analyst Brian Cubellis and published on 22 February 2023, Solana has faced a turbulent few months, losing nearly 87% of its […]

On Monday (February 27), CoinShares, a leading Europe-based digital asset investment and trading group, reported on last week’s inflows and outflows for digital asset investment products (crypto ETPs and ETFs). According to the latest report from CoinShares, there was a slight outflow of $2 million from digital asset investment products in the week ending on […]

The price of Solana ($SOL) has moved up nearly 30% over the last seven days to now trade above the $26 mark, as the cryptocurrency has been quickly recovering from the collapse of FTX, and as developers keep building on it. According to available market data, Solana has been outperforming most other top digital assets […]

A recent research report on blockchain/crypto developers says that in 2022, among blockchain ecosystems with 1000+ total number of developers, Solana had the highest rate of growth (83%) of ecosystem developer count. Here is how Coinbase described Solana in a blog post published on 29 June 2022: “Solana is a decentralized computing platform that uses SOL to pay […]

Citi (C), in a research study published on Thursday (12 January 2023), stated that despite the fact that an estimated 50 million Solana (SOL) coins are stuck in the Chapter 11 proceedings of cryptocurrency exchange FTX, there is still a significant amount of activity on the Solana blockchain. Here is how Coinbase described Solana in […]

The meme-inspired cryptocurrency that was recently launched on top of the Solana ($SOL) network, $BONK, has seen the team behind the project burn a total of 5 trillion tokens that were allocated to them, at a time in which the digital asset’s price is dropping. In a tweet shared with the project’s nearly 100,000 followers […]

The 7-day average active addresses on the Solana ($SOL) ecosystem has surged from 378.2 million at the end of last year to 490.5 million as of January 7 representing an increase of 29.7% in so little time. After the collapse of FTX, the price of Solana crashed over the cryptocurrency exchange’s involvement in its ecosystem […]

On Monday (9 January 2023), with $SOL up 21% on the day, Mike Dudas, Founder and General Partner at NYC-based venture capital firm 6th Man Ventures (“6MV”), said that Solana’s technology, products, and community are “too strong” for $SOL to fall to $0 (which is what some doomsayers expect to happen). Here is how Coinbase […]

Recently, Russian-Canadian computer scientist Vitalik Buterin, who is best known as the father of Ethereum, said that he hopes that the Solana ($SOL) community “gets its fair chance to thrive.” Here is how Coinbase described Solana in a blog post published on 29 June 2022: “Solana is a decentralized computing platform that uses SOL to pay for transactions. […]

Institutional investors have allocated more than $1 million to cryptocurrency investment products offering them exposure to Solana ($SOL), despite the market seeing “broad negative sentiment” that has seen crypto investment products experience outflows. According to CoinShares’latest Digital Asset Fund Flows report, investment products focusing on Solana saw $700,000 of inflows last week, adding to the $400,000 seen […]

On 16 December 2022, a former Goldman Sachs executive explained why he is bullish on smart contracts platform Solana ($SOL). Here is how Coinbase described Solana in a blog post published on 29 June 2022: “Solana is a decentralized computing platform that uses SOL to pay for transactions. Solana aims to improve blockchain scalability by using a combination of proof […]

Institutional investors have kept on betting on the smart contract platform Solana ($SOL) through investment products focusing on the cryptocurrency. Their bets come weeks after the collapse of FTX and after SOL’s price crashed. According to CoinShares’ latest Digital Asset Fund Flows report, investment products focusing on Solana saw inflows of $400,000 last week, up from $200,000 […]

On Tuesday (13 December 2022), James Mullarney, the host of the very popular YouTube channel “InvestAnswers”, shared his thoughts on Solana ($SOL). Here is how Coinbase described Solana in a blog post published on 29 June 2022: “Solana is a decentralized computing platform that uses SOL to pay for transactions. Solana aims to improve blockchain scalability by using a […]

Institutional investors have restarted betting on the smart contract platform Solana ($SOL) through investment products focusing on the cryptocurrency. Their bets come weeks after the collapse of FTX and after SOL’s price crashed. According to CoinShares’ latest Digital Asset Fund Flows report, investment products focusing on Solana saw inflows of $200,000 last week, making their […]

Recently,  James Mullarney, the host of the very popular YouTube channel “InvestAnswers”, explained that although Solana ($SOL) got “a black eye” thanks to its exposure to FTX and Alameda Research, it is far from dead. Here is how Coinbase described Solana in a blog post published on 29 June 2022: “Solana is a decentralized computing platform that uses […]

On Tuesday (29 November 2022), Phantom, which is the most popular wallet for Solana, announced that it is adding support for Ethereum and Polygon. The Phantom team told their over 345K Twitter followers: “Phantom was actually founded with the intent of going multichain towards @ethereum , and we have been hard at work for months […]

Ethereum ($ETH) rival Solana ($SOL) could soon see its price surge as investors have started capitulating, which historically has been the time in which markets rebound and prices recover. According to data from on-chain analytics firm Santiment, the fear, uncertainty and doubt (FUD) surrounding Solana could lead to a rebound “until traders slow down their […]

On Tuesday (22 November 2022), Synapse COO Max Bronstein explained why be believes that this might be a great time to invest in $SOL, the native token of the Solana blockchain. Here is how Coinbase described Solana in a blog post published on 29 June 2022: “Solana is a decentralized computing platform that uses SOL to pay for transactions. Solana […]

Litecoin ($LTC), a cryptocurrency that has often been described as the silver to Bitcoin’s gold, has been outperforming the wider cryptocurrency market over the past few weeks, to the point it has recently overtaken Solana ($SOL) in market capitalization. Litecoin was created back in 2011 as a fork of Bitcoin, and features near-zero cost peer-to-peer […]

In an update released two days ago, Coin Bureau looked at how the collapse of SBF’s FTX empire could impact the price of $SOL, the native token of the Solana blockchain. Here is how Coinbase described Solana in a blog post published on 29 June 2022: “Solana is a decentralized computing platform that uses SOL to pay for transactions. Solana […]

Recently, a former Goldman Sachs executive explained why this could be a great time to buy $SOL, the native token of the Solana blockchain, despite all the doom and gloom surrounding the Solana ecosystem in the wake of the collapse of FTX. Here is how Coinbase described Solana in a blog post published on 29 June 2022: “Solana is a decentralized […]

On Monday (14 November 2022), a very popular crypto analyst looked at $SOL’s price action, and explained why $SOL’s price crash during the past 10 days could be “healthy for the ecosystem longer term.” $SOL’s price has really suffered in the wake of the collapse of the FTX empire and the fall from grace of […]

Data from the Solana ($SOL) blockchain has revealed that a large whale is facing a potential liquidation of around $52 million worth of the cryptocurrency as its price tumbles over the collapse of the popular cryptocurrency trading platform FTX. According to popular crypto journalist Colin Wu, a Solana whale is in liquidation and currently has […]

Recently, former Goldman Sachs executive Raoul Pal has revealed that he sees the price of Solana ($SOL) as “very interesting” over the forced liquidations that led to increasing sell-offs in the cryptocurrency’s price. In a thread Pal shared with his nearly 1 million followers on the microblogging platform Twitter, the former Goldman Sachs executive and founder […]

On Saturday (5 November 2022), the Google Cloud team announced three pieces of good news for fans of high-speed layer one (L1) blockchain Solana ($SOL). First, “Google Cloud is running a block-producing Solana validator to participate in and validate the network.” Second, “Google Cloud is working with Solana to bring Blockchain Node Engine to the […]

Meta Platforms, Inc. (“Meta”), the American multinational technology conglomerate that owns Facebook, Instagram, and Whatsapp, says that it is “introducing a way for creators to make their own NFTs (or digital collectibles) and sell them to fans and collectors both on and off Instagram.” In a press release issued on 2 November 2022, Meta stated: […]

On October 23, James Mullarney, the host of the very popular YouTube channel “InvestAnswers”, explained why he is so bullish on Ethereum rival Solana ($SOL). Here is how Coinbase described Solana in a blog post published on 29 June 2022: “Solana is a decentralized computing platform that uses SOL to pay for transactions. Solana aims to improve blockchain […]

Recently, Solana Labs Co-Founder Anatoly Yakovenko attacked Ethereum by saying that it is kind of like the city of San Francisco in that the more people that leave, the better it will be. Here is how Coinbase described Solana in a blog post published on 29 June 2022: “Solana is a decentralized computing platform that uses SOL to pay […]

On October 15, a popular pseudonymous crypto analyst talked about his price prediction for $SOL, the native token of the Solana blockchain. Here is how Coinbase described Solana in a blog post published on 29 June 2022: “Solana is a decentralized computing platform that uses SOL to pay for transactions. Solana aims to improve blockchain scalability by using a combination of […]

On Friday (October 14), James Mullarney, the host of the very popular YouTube channel “InvestAnswers”, talked about why he the altcoins he is most bullish on are Solana ($SOL), Polygon ($MATIC), and Fantom ($FTM. Mullarney said: “The only two things that I’ve purchased this whole year, other than sell stuff, was Bitcoin and Solana,. That’s […]

Solana is a high-performance blockchain offering fast and low-cost transactions. It’s a layer-1 platform that supports smart contracts so developers can create their decentralized applications (DApps) on Solana.  One question arises from the crypto community —Does Solana have a capped supply of SOL, the blockchain’s native token? Does Solana Have a Supply Cap? Solana doesn’t […]

Recently, former Goldman Sachs executive Raoul Pal explained why he is bullish on $SOL, the native token of the Solana blockchain. Here is how Coinbase described Solana in a blog post published on 29 June 2022: “Solana is a decentralized computing platform that uses SOL to pay for transactions. Solana aims to improve blockchain scalability by using a combination of proof of […]

The host of the popular InvestAnswers YouTube channel has revealed that he believes Ethereum ($ETH) rival Solana ($SOL) could bring over 1 billion users to the cryptocurrency space over its low transaction fees and large throughput. In a video shared with the channel’s over 400,000 subscribers, James Mullarney noted that the Solana network has suffered […]

In a recent interview, Solana Labs Co-Founder Anatoly Yakovenko talked about how Solana managed — over the past 18 months — to “catapult” itself to the position of one of Ethereum’s major L1 blockchain rivals. His comments were made during a conversation on September 21 with Ryan Selkis, Co-Founder and CEO at Messari, at Messari’s annual conference Mainnet (September […]

The cryptocurrency community is expecting the price of smart contract platform Solana ($SOL) to surge in October, as the network’s congestions seemingly become a thing of the past and it processes an astounding number of transactions. According to data from CoinMarketCap’s price estimates feature, nearly 1,500 cryptocurrency community members have predicted that Solana’s price will […]

Two of the leading companies in the crypto space — CryptoCompare and Blockdaemon — announced on Wednesday (September 28) that they have joined forces to deliver a groundbreaking family of institutional-grade staking yield indices for five of the most popular proof-of-stake (PoS) assets, thereby enabling institutions to gain off-chain exposure to staking yield. The CryptoCompare […]

Cryptocurrency investment products offering investors exposure to Cardano ($ADA) have seen their eighth consecutive week of inflows, with an additional $100,000 being invested into these products last week. Year-to-date, according to CoinShares’ Digital Asset Fund Flows Weekly Report, Cardano has seen $14.4 million of inflows, making it more popular than other altcoins including Litecoin ($LTC), […]

The total number of transactions conducted on the Solana ($SOL) network has surpassed the 100 billion mark, at a time in which institutional investor bets on the cryptocurrency keep trickling in, despite the ongoing bear market. According to data from Solana’s blockchain explorer, the network has now processed a total of 100.06 billion transactions and is currently […]

Recently, former Goldman Sachs executive Raoul Pal explained why he is so bullish on $SOL, the native token of the Solana blockchain. Here is how Coinbase described Solana in a blog post published on 29 June 2022: “Solana is a decentralized computing platform that uses SOL to pay for transactions. Solana aims to improve blockchain scalability by using a combination of proof […]

Recently, James Mullarney, the host of the very popular YouTube channel “InvestAnswers”, talked about $SOL, the native token of the Solana blockchain, and explained how he had arrived at his price target for $SOL. Here is how Coinbase described Solana in a blog post published on 29 June 2022: “Solana is a decentralized computing platform that uses SOL […]

Institutional investors have moved their funds away from cryptocurrency investment products offering exposure to the second-largest cryptocurrency by market capitalization, Ethereum ($ETH), and instead are betting on Bitcoin ($BTC), Solana ($SOL), and products offering exposure to multiple cryptoassets. According to CoinShares’ Digital Asset Fund Flows report, digital asset investment products saw inflows totaling $7 million last week, […]

On Tuesday (September 13), Solana Labs Co-Founder Raj Gokal gave an interview, during which he talked about both Solana ($SOL) and its biggest rival Ethereum ($ETH). Gokal, who is the COO of Solana Labs, made his comments during an interview on  CoinDesk TV’s flagship show “First Move”. Gokal was first asked about the reason for […]

The total value locked (TVL) on the Solana blockchain’s decentralized finance (DeFi) space has trended downwards in U.S. dollar terms over the past three months, dropping a total of 45.9% from $3.94 billion to $2.13 billion. According to CryptoCompare’s latest Asset Report, the dominance of the five largest protocols on the network has nevertheless risen […]

The total number of transactions conducted on the Solana ($SOL) network is nearing the 100 million mark, at a time in which institutional investors keep betting on products offering them exposure to the cryptocurrency, despite the ongoing bear market. According to data from Solana’s blockchain explorer, the network has now processed a total of 96.62 […]

Institutional investors have reduced their bets on the cryptocurrency space, but are still investing in altcoin investment products offering them exposure to Solana ($SOL), $XRP, and Cardano ($ADA), while largely retreating from Bitcoin ($BTC). According to CoinShares’ Digital Asset Fund Flows report, cryptocurrency investment products saw minor inflows totaling $9.2 million last week, although most inflows were […]

In a recent interview with Real Vision, Anatoly Yakovenko, Co-Founder and CEO of Solana Labs, which develops the Solana ($SOL) blockchain, talked about the challange of ofering both high performance and high reliability. According to a report by The Daily Hodl, in an interview (recorded on August 22 and published on September 2) with Raoul […]

Recently, James Mullarney, the host of the very popular YouTube channel “InvestAnswers” compared Ethereum ($ETH) to Solana ($SOL), which is perhaps is its strongest rival. In a YouTube video released on August 28, Mullarney compared Ethereum and Solana with respect to speed, fees, technology, ecosystem, and finally daily active users (DAUs) and breadth of DApps. According […]

The host of popular crypto analytics and market commentary show Coin Bureau is bullish on the outlook for Solana ($SOL) saying that the altcoin could potentially double in price if the current rally continues.  Speaking in a recent YouTube update, Coin Bureau’s host “Guy” told viewers that he has been keeping an eye on $SOL […]

On Friday (August 12), former White House Director of Communications Anthony Scaramucci, who is the founder and managing partner of global alternative investment firm SkyBridge Capital, shared his thoughts on the crypto market. SkyBridge Capital is “an SEC-registered investment adviser and global alternative investment manager that invests in hedge funds, digital assets, private equity, and real estate.” On […]

A recently published report from Messari suggests that Cardano ($ADA) is being ‘aggressively priced’ ahead of the Vasil hard fork, at least when compared with rival smart contract networks that aren’t Ethereum, including Solana ($SOL), Algorand ($ALGO), Tezos ($XTZ), and $NEO. According to a tweet Messari shared, Cardano’s active addresses are far below those of […]

Institutional investors have allocated their bets to smart contract networks including Ethereum ($ETH), Cardano ($ADA), and Solana ($SOL) as well as to multi-asset investment products ahead of Ethereum’s long-awaited transition to a Proof-of-Stake (PoS) consensus mechanism. According to CoinShares’ Digital Asset Fund Flows report, digital asset investment products saw inflows totaling $3 million last week, […]

Solana’s largest non-fungible token (NFT) marketplace Magic Eden recently responded to its critics. Speaking with Decrypt, Magic Eden has pushed back on the growing list of criticisms over the platform’s security and custody practices. Magic Eden, which launched last fall and now accounts for roughly 90% of Solana’s trading volume, was valued at $1.6 billion […]