Presale Address for Unnamed AI Project Amasses $33M SOL
In less than an hour, an early presale address for an unnamed artificial intelligence (AI) -focused project on Solana amassed more than $33 million worth of Solana’s (SOL) tokens. With a 24-hour early investor window, on-chain investigator Dexter published the presale information for the unnamed AI project on X on March 18. The user expressed […]
Pantera Reported Launch Fundraiser to Buy $250M SOL From FTX Estate
According to reports, Pantera Capital’s asset management firm is raising funds to purchase Solana (SOL) tokens from its stash, worth around $5.4 billion, from the estate of the defunct FTX exchange. Pantera is soliciting capital for the Pantera Solana Fund, which, according to marketing materials obtained by Bloomberg from prospective investors, seeks to acquire Solana’s […]
Binance Temporarily Suspends Solana Withdrawals
Due to an “increased volume of transactions,” Binance cryptocurrency exchange has temporarily suspended withdrawals to the Solana network. A Binance statement issued on March 6 states that the exchange anticipates resuming withdrawals on March 9 following the implementation of a solution. “Uniform suspensions of withdrawals on the Solana (SOL) network have been in effect since […]
Solana’s SOL Price Declines Despite 100K+ Phone Pre-Orders
Solana’s Second Crypto Phone Gathers 100,000 Pre-Orders, While SOL Price Declines by 0.81% in 24 Hours, illustrating market volatility. Solana (SOL) has encountered a decrease in its market value, notwithstanding the remarkable prosperity of its mobile division. In less than a month, pre-orders for the second cryptocurrency-enabled smartphone from the blockchain company have surpassed 100,000 […]
Solana (SOL) Now Valued Higher Than MSTR, HOOD, and DBX
Solana (SOL) has experienced a notable surge in its market capitalization, currently exceeding the combined value of MSTR, HOOD, and DBX. Solana’s market capitalization has recently reached unprecedented levels, surpassing the combined valuation of significant corporations, including MicroStrategy (MSTR), Robinhood (HOOD), and Dropbox (DBX). Recent data indicates that SOL is trading at $87.44, representing an […]