Solana

$SOL: Total Number of Developers on Solana Grew 83%, per Electric Capital Report

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 […]

$SOL: Citi Says Solana’s Transaction Activity Is at Pre FTX Collapse Levels

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 […]

Solana Memecoin $BONK Burns 5 Trillion Tokens as Prices Plunge

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 […]

Solana ($SOL) Active Addresses Jumped Nearly 30% Since 2023 Started, Data Shows

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 […]

VC Firm Founder: ‘$SOL up 2x in 10 Days From the Bottom’, Solana Is ‘Too Strong’

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 […]

$SOL: Vitalik Told by ‘Some Smart People’ That Solana ‘Has a Bright Future’

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 Bet Over $1.1 Million in Solana ($SOL) Investment Products so Far This Month

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 […]

$SOL: Real Vision CEO Says Solana Team Is ‘Unlocking Something Big’

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 […]

Solana ($SOL) Investment Products Keep Attracting Institutional Investors

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 […]

InvestAnswers Host Explains Why Fair Value for Solana ($SOL) Is $52.61

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 […]

Solana ($SOL) Investment Products Attract Institutional Investors After Price Crash

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 […]

$SOL: InvestAnswers Host Explains Why Solana ‘Has A Very Good Chance of Surviving’

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 […]

Solana’s Phantom Wallet “Adding Support” for Ethereum ($ETH) and Polygon ($MATIC)

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 […]

Solana ($SOL) Price Could Soon Rebound as Traders Capitulate, Data Shows

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 […]

Angel Investor Max Bronstein Says ‘$SOL Is One of the Most Asymmetric Bets Today’

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 ($LTC) Overtakes Solana ($SOL) in Market Cap as It Outperforms Wider Crypto Market

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 […]

$SOL: Coin Bureau Explains Why Solana Price Could Go As Low as $8

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 […]

$SOL: Real Vision CEO Says Solana Is a ‘Great Bloody Opportunity’ at Current Price Levels

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 […]

$SOL: Crypto Analyst Explains Why Solana’s Price Crash May Have a Silver Lining

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 […]

$SOL Whale in Danger as It Faces a Potential $52 Million Liquidation, Suggests on-Chain Data

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 […]

Former Goldman Sachs Exec Sees Solana ($SOL) Price as ‘Very Interesting’ Over Forced Liquidations

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 […]

Google Cloud Is Now Running a Block-Producing Solana ($SOL) Validator

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 […]

Instagram Allowing Creators To Make and Sell Polygon ($MATIC) Powered NFTs, Adds Support for Solana ($SOL) NFTs

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: […]

Solana: InvestAnswers Calls $SOL ‘A Screaming Value’ at Current Price Levels

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 […]

Solana Co-Founder Throws Shade at Ethereum, Upsetting Polygon Co-Founder

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 […]

$SOL: Crypto Analyst Says Solana Is Going to $200 Within Next Two Years

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 […]

InvestAnswers Host on Why $SOL, $MATIC, and $FTM Are His Top Three Altcoin Picks

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 […]

Does Solana ($SOL) Have a Max Supply?

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 […]

$SOL: Real Vision CEO Raoul Pal Explains Why He Likes Ethereum Rival Solana

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 […]

Solana ($SOL) Could Attract Over 1 Billion Users to the Crypto Space, Popular Analyst Says

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 […]

$SOL: Anatoly Yakovenko on How Solana Became a Leading Blockchain Over Past 18 Months

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 […]

Crypto Community Sees Solana ($SOL) Price Surging in October

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 […]

Groundbreaking Staking Yield Indices for $ADA, $SOL, $DOT, $AVAX, and $ATOM

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 […]

Cardano ($ADA) Investment Products See Eighth Consecutive Week of Inflows as Institutions Raise Altcoin Bets

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), […]

Solana ($SOL) Network Surpasses 100 Billion Transactions Amid Growing Institutional Interest

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 […]

$SOL: Real Vision CEO Raoul Pal Says in Next Cycle His Bet Is ‘Really on Solana’

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 […]

Solana: InvestAnswers Explains How $SOL Price Could Go Up by Over 1000%

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 Bet on $BTC and $SOL While Moving Away from $ETH After the Merge

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, […]

Solana ($SOL) Co-Founder: ‘We Want To See Ethereum Succeed’

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 […]

Solana ($SOL) Protocol TVL Dominance Rises Nearly 50% as Developer Activity Grows: Report

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 […]

Solana ($SOL) Total Transactions Near $100 Million as Institutional Bets on It Grow

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 Bet on $SOL, $XRP, and $ADA While Shorting $BTC

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 […]

Solana ($SOL) Co-Founder and CEO on Blockchain Performance and Reliability

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 […]

InvestAnswers Compares Ethereum ($ETH) to Solana ($SOL)

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 […]

$SOL: Coin Bureau Bullish on Solana for Altcoin Rally

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 […]

SkyBridge Capital Founder Is Very Bullish on Bitcoin, Ethereum, Solana, and Algorand

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 […]

Cardano ($ADA) ‘Aggressively Priced’ Compared With $SOL, $ALGO, $XTZ, and $NEO: Messari

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 Bet on $ETH, $ADA, and $SOL as Crypto Market Prepares for the Merge

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, […]

$SOL: Solana’s Largest NFT Marketplace Responds to Critics Over Security Risks

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 […]

Solana ($SOL) Is the ‘Most Underrated Token’, Says Crypto Billionaire Sam Bankman-Fried

Cryptocurrency billionaire Sam Bank-man Fried (SBF), co-founder and CEO of popular digital asset trading platform FTX, has revealed he believes Solana ($SOL) is the “most underrated token right now” even as the network deals with an exploit that affected nearly 8,000 wallets. In an interview with Fortune, SBF noted that Solana is the most underrated […]

$SOL: There Is Now a Solana Experience Store in New York City

On Thursday (July 28), Solana Spaces, which was established with the help of Solana Foundation, announced “the opening of the world’s first permanent physical retail, educational, and community space dedicated to Web3” in New York City. According to a press release by Solana Spaces, which is based in San Francisco, aims to set up “a […]

Altcoins Including $SOL, AVAX, and $LINK Could Surge up to 200%, Says Top Crypto Trader

Michaël van de Poppe, a top cryptocurrency trader and a well-known analyst with a large following on social media, has revealed he believes numerous altcoins could soon surge up to 200% as bullish signs point to further upward price movement. In a series of tweets shared with van de Poppe’s over 619,000 followers on the […]

Solana ($SOL): 3 ‘Critical Events’ That Could ‘Bring Significant Activity and Value’

A recent comprehensive research report looked at the Solana platform and identified three “critical events on the horizon” that could collectively “serve as the tailwind for cutting through challenging macro forces and bring significant activity and value to the network.” On July 24, Messari research analyst James Trautman published an impressive highly comprehensive research report […]

Chipotle Launches ‘Buy the Dip’ Game That Will Give Away $200K in Cryptocurrency

On Monday (July 25), Chipotle Mexican Grill, Inc. (NYSE: CMG) today announced the launch of a new interactive game called “Buy The Dip” that will give away more than $200,000 in $BTC, $ETH, $SOL, $AVAX, and $DOGE. According to Chipotle’s press release, “starting at 10am PT today, fans can access the ‘Buy The Dip’ game by visiting: www.chipotlebuythedip.xyz.” The game will […]

Coinbase Ventures on Deal Activity in Q2, Huge Potential of Web3, Solana Ecosystem

Coinbase Ventures, which is the venture capital arm of Coinbase (NASDAQ: COIN), talked about several interesting topics in a report released on Thursday (July 21). In a blog post published on July 21, Coinbase Ventures started by talking about the venture landscape: “The broader venture market began to show signs of cooling in Q1, with total funding dropping […]

$SOL: Crypto Expert Panel Sees Solana Trade at $166 by End of 2025

A panel of cryptocurrency and fintech experts has revealed that they expect, on average, that the price of Solana ($SOL) will jump to $166 by the end of 2025, up from the $45 they expect the cryptocurrency to trade at by the end of this year. According to Finder, which conducts a quarterly survey with […]

Institutional Investors Bet on $SOL, $XRP While Shorting Bitcoin ($BTC), Data Shows

Institutional investors have been betting on multiasset investment products and on products offering exposure to Solana ($SOL) and $XRP, while heavily betting on short Bitcoin ($BTC) products. According to data from CoinShares’ Digital Asset Fund Flows report, last week digital asset investment products saw $12 million worth of inflows, with $15 million entering short investment products […]

$SOL Up 69% Since Celsius Halted Withdrawals, Crypto Analyst Loving Price Action

On Tuesday (July 19), $SOL, the native token of the Solana blockchain, is trading above the $45, having surged over 14% in the past 24-hour period, and at least one crypto analyst is loving its price action. According to data by TradingView, on crypto exchange FTX, currently (i.e. as of 6:53 p.m. UTC on July 19) $SOL […]

Solana Labs Co-Founder Excited About Upcoming Launch of ‘Saga’ Smartphone

Anatoly Yakovenko, the co-founder of Solana Labs, says that the launch of their new mobile phone could lead to a massive explosion in potential users.  As you may know already, on June 23, Solana Mobile, a subsidiary of Solana Labs, introduced Saga, “a flagship Android mobile phone with unique functionality and features tightly integrated with […]

Solana ($SOL) Staking Becomes Available on Crypto Exchange Coinbase

Coinbase has announced details of the latest expansion of its staking offerings. Here is how Coinbase describes Solana: “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 stake consensus and so-called proof of history. As a result, Solana claims […]

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