Tensor Outshines Magic Eden in Solana NFT Market Trading Volume
On April 26, the Solana NFT market Tensor overtook Magic Eden for the first time in single-day trading volume, capturing 51% of the Solana NFT market’s daily trading volume.
Solana
Solana Labs Launches ChatGPT Plugin & $1M Blockchain-AI Fund
Solana Labs unveils an open-source ChatGPT plugin for Solana network interaction and a $1 million fund to support innovative blockchain and AI projects.
MonkeDAO to Acquire Solana Monkey Business: Game-Changer for NFT Industry?
MonkeDAO, the pioneering NFT DAO on Solana, sets to purchase Solana Monkey Business rights, shaking up the NFT landscape.
Can Solana (SOL) Enter the Top 10 Cryptocurrencies in 2023?
The charts for Solana Price (SOL) are showing bullish price action. The price of SOL has risen by 16% this week.
Algorand has 10x Solana’s Smart Contract Throughput
Smart contract throughput on the Algorand ecosystem is currently more than 10 times that of Solana and other leading L1 platforms. Read more on CNL.
Solana Dog Shitcoin “BONK” is up 1400% in the Past Week
According to a recent report the Solona (SOL) dog shitcoin “BONK” price is up by 1400% over the past one week. Read for more.
Bulls Take Charge in the Solana (SOL) Market
A bullish trend has been maintained as bulls continue to drive the price of Solana (SOL) higher in an attempt to set a new highs for the price.
Hacker Steals Over $100M From Mango Markets
On October 12, 2022, an attack was launched against Mango Markets, a decentralized finance network located in Solana, draining $100 million from exchanges.
Solana Suffers Another Major Outage
The Solana network stopped processing and went off on Friday. Solana’s “curse” was to blame for the network disruptions. Solana is the 3rd largest Pos blockchain by market value. The Solana network stopped processing transactions and went offline on Friday due to a misconfigured node, marking the blockchain’s fourth significant outage since January, when it had a succession of partial outages for most of that month. They assert that it would increase the network’s scalability, but Solana is very centralized, and the network continues to have interruptions. Because of centralization, Solana’s infrastructure is still in need of improvement. According to
Solana Price May Moon Despite Recent Hack
Solana wallets experienced a widespread hack of unknown origin. However, the news did very little FUD to the price of Solana (SOL). Solana is changing hands at $40.35, as per CoinGecko. Despite a widespread hack that led to the draining of huge amounts of money, the price of Solana (SOL) may increase in the coming days. Specifically, SOL price remains in the attractive ‘buy’ zone. In fact, the hack has done nothing but shake some value off Solana’s market capitalization a couple of hours after initial reports. As seen on the chart above, SOL has been on a downtrend approaching
Crypto Hack Targets Solana, Drains Over 7,000 Wallets
The Solana network underwent a brutal crypto hack. It drained over 7,000 wallets with over $6 million siphoned. Community leaders share their thoughts on Twitter to engage the masses. It does not look good for the web3 and crypto sector at the moment. The last few hours in particular saw the Solana network become a victim of a multi-million dollar hack. Indeed a devastating attack as over 7,000 wallets got drained. In detail, the hacker drained around $6 million by raiding 20 wallets per minute. At the moment, the details are still unclear to many as the attack happened quite
Ethereum, BNB, and Solana: How are L1s handling the Bear Market?
The bear market has been tough on all cryptocurrencies, but some have held up better than others. All three platforms have seen a reduction of up to 58.8% Each platform has different use cases that have helped them weather the storm of the bear market. When it comes to layer-1 (L1) smart contract platforms, three major players currently dominate the landscape — Ethereum, BNB Chain, and Solana. The bear market on the other side has been tough on all cryptocurrencies, but they, fortunately, have held up better than others. We discovered that all three platforms have seen a significant drop
