Crypto Twitter Encourages Solana Community Amid FTX Onslaught
Sandeep Nailwal, the co-founder of Polygon, encouraged Solana community members to keep on building after being affected by FTX debacle. Crypto Twitter expressed condolences for those who were negatively impacted by the FTX fiasco and voiced optimism for the community’s recovery. Sam Bankman-Fried (SBF), the CEO of FTX, promoted numerous currencies, including SOL, which has […]
Solana SOL Surges After Blockchain’s Foundation Delay
Investors un-staked a record amount of SOL when they got their tokens back from the blockchain’s security system. It could have been much more, though. The price of SOL went up by 18%. A record number of SOL tokens from the Solana blockchain were released from the blockchain’s security system on Thursday. This happened a […]
Anatoly Yakovenko addresses Solana blockchain reliability issues
Anatoly Yakovenko, a co-founder of Solana, in response to the various network downtime the blockchain suffered in the past months stated that different recent modifications will aid the blockchain in resolving these problems. On Nov. 5, Yakovenko spoke about the blockchain’s past and future in Lisbon, Portugal at the Breakpoint 2022 annual conference , pointing […]
Solana-Based Protocol, TRIP Raises $9M
TRIP protocol lets ride-sharing businesses and drivers compete for passengers, while blockchain disrupts markets. Decentralized Engineering Cooperation (DEC), the firm behind the Solana-based protocol TRIP that allows mobility-based apps, said Web3 protocols will allow new organizations and drivers to bid for trips using a matching algorithm. DEC says firms and riders may cooperate and compete […]
Solana Struggles Below Key Resistance
The price of Solana respects the resistance line as the price trades below the 50 and 200 Exponential Moving Averages (EMA). Many traders and investors thought that October would be a good month for most cryptocurrencies, including Solana (SOL), giving it names like “Uptober.” However, the price of Solana (SOL) has had a rough start […]