{"id":21854,"date":"2022-03-25T10:34:23","date_gmt":"2022-03-25T09:34:23","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=21854"},"modified":"2022-03-25T10:43:46","modified_gmt":"2022-03-25T09:43:46","slug":"solana-rises-by-10-as-gaming-adoption-increases","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/solana-rises-by-10-as-gaming-adoption-increases\/","title":{"rendered":"Solana rises by 10% as gaming adoption increases"},"content":{"rendered":"\n<p>Solana amassed bigger gains than other coins which have seen their values \u200b\u200bsurge this week. We have discussed some possible reasons.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/Screenshot_20220325-100346.png\" alt=\"Solana rises by 10% as gaming adoption increases | Coinscreed \" class=\"wp-image-21857\" width=\"307\" height=\"304\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/Screenshot_20220325-100346.png 720w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/Screenshot_20220325-100346-300x298.png 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/Screenshot_20220325-100346-150x149.png 150w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/Screenshot_20220325-100346-96x96.png 96w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/Screenshot_20220325-100346-75x75.png 75w\" sizes=\"(max-width: 307px) 100vw, 307px\" \/><figcaption>Solana is currently the eight largest cryptocurrency by market cap.<\/figcaption><\/figure>\n\n\n\n<p>SOL, the eighth largest cryptocurrency by market cap, is up about 10% in 24 hours, from around $96 to $103 today. <\/p>\n\n\n\n<p>Compared to other major coins, only Cardano and Dogecoin saw similar gains of 9% and 6%, respectively.<\/p>\n\n\n\n<p>The rise of <a href=\"https:\/\/coinscreed.com\/staging\/1xbit-a-new-payment-method.html\" data-type=\"post\" data-id=\"21738\" target=\"_blank\" rel=\"noreferrer noopener\">Solana<\/a> comes shortly after Krafton, the publisher of popular battle royale game, PUBG, announced that it <a href=\"https:\/\/coinscreed.com\/staging\/video-game-developer-krafton-signs-business.html\" data-type=\"post\" data-id=\"21688\" target=\"_blank\" rel=\"noreferrer noopener\">will be collaborating with Solana Labs<\/a> to develop blockchain games on the network.<\/p>\n\n\n\n<p>But many other companies have recently announced and launched projects on the SOL blockchain. <\/p>\n\n\n\n<p>Gaming startup Web3 <a href=\"https:\/\/www.google.com\/search?q=block+tackle+web3+game&client=ms-android-transsion-infinix-rev1&sxsrf=APq-WBsoxKvuAjInNvEe4j-91_eJqah_eA%3A1648199365975&ei=xYY9YvaOO9iJ9u8PhbQW&oq=block+tackle+web3+game&gs_lcp=ChNtb2JpbGUtZ3dzLXdpei1zZXJwEAMyBQghEKABMggIIRAWEB0QHjoHCCMQsAMQJzoHCAAQRxCwAzoHCAAQsAMQQzoFCAAQgAQ6CggAEIAEEIcCEBQ6BggAEBYQHjoICAAQFhAKEB5KBAhBGABQrwhYoiZgjShoAXABeACAAeQGiAGXKpIBCzItMS4xLjAuMS41mAEAoAEByAENwAEB&sclient=mobile-gws-wiz-serp\" target=\"_blank\" rel=\"noreferrer noopener\">Block Tackle<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> announced on Tuesday that it is developing a SOL based <a href=\"https:\/\/coinscreed.com\/staging\/15-most-expensive-nfts-ever-sold-in-2022.html\" data-type=\"post\" data-id=\"21331\" target=\"_blank\" rel=\"noreferrer noopener\">NFT<\/a> skate game, and <a href=\"https:\/\/coinscreed.com\/staging\/coinbase-adds-rewards-for-staking-cardano.html\" data-type=\"post\" data-id=\"21739\" target=\"_blank\" rel=\"noreferrer noopener\">Coinbase<\/a> recently added support for Solana tokens to its wallet browser extension.<\/p>\n\n\n\n<p>Crypto non-profit organization <a href=\"https:\/\/coinscreed.com\/staging\/shift4-acquires-the-giving-block-for-300m.html\" target=\"_blank\" data-type=\"post\" data-id=\"19620\" rel=\"noreferrer noopener\">The Giving Block<\/a> also announced today that it has added Solana blockchain support to its platform, allowing donors to donate to over 1,400 charities using SOL. <\/p>\n\n\n\n<p>Through The Giving Block platform, SOL holders can contribute to worthy causes focused on a variety of initiatives such as humanitarian aid in Ukraine, education, animal welfare or environmental protection.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Ethereum vs Solana - What You NEED To Know!\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/WCAtuijI4ng?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>On the investment side, asset management firm <a href=\"https:\/\/coinscreed.com\/staging\/grayscale-investments-launches-7-new-smart-contract-funds.html\" data-type=\"post\" data-id=\"21510\" target=\"_blank\" rel=\"noreferrer noopener\">Grayscale launched a non-Ethereum altcoin fund<\/a> this week, which includes 24% of SOL. <\/p>\n\n\n\n<p>The fund also contains around 24% Cardano, while the other coins in the fund are each between 4% and 16%. <\/p>\n\n\n\n<p>Grayscale also has its own SOL Trust for those who wish to focus solely on SOL.<\/p>\n\n\n\n<p>In the <a href=\"https:\/\/coinscreed.com\/staging\/thorchains-rune-increased-by-170-percent-and-defi-tvl-grows-by-100-percent-in-the-last-month-and-heres-why.html\" data-type=\"post\" data-id=\"21261\" target=\"_blank\" rel=\"noreferrer noopener\">DeFi<\/a> space, Solana <a href=\"https:\/\/coinscreed.com\/staging\/square-ceo-discusses-plans-to-create-a-decentralized-exchange-for-bitcoin.html\" data-type=\"post\" data-id=\"8814\" target=\"_blank\" rel=\"noreferrer noopener\">decentralized exchange<\/a> (DEX) Orca just announced Whirlpools, a new feature still in beta that allows traders to pool liquidity for better financial returns. <\/p>\n\n\n\n<p>However, only <a href=\"https:\/\/www.google.com\/search?q=orcanauts+nft&oq=orcanaut+&aqs=chrome.1.69i57j0i10l3.6442j0j7&client=ms-android-transsion-infinix-rev1&sourceid=chrome-mobile&ie=UTF-8\" data-type=\"URL\" data-id=\"https:\/\/www.google.com\/search?q=orcanauts+nft&oq=orcanaut+&aqs=chrome.1.69i57j0i10l3.6442j0j7&client=ms-android-transsion-infinix-rev1&sourceid=chrome-mobile&ie=UTF-8\" target=\"_blank\" rel=\"noreferrer noopener\">Orcanaut NFT<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a> holders will have access to the Whirlpools Beta, which will remain in early access for at least two weeks.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Solana's struggles<\/h2>\n\n\n\n<p>Although the token has been in the news a lot lately, SOL is still a long way off its all-time high of $260, which it hit in November 2021. <\/p>\n\n\n\n<p>This year, SOL has struggled to regain its former value but has been fluctuating between $80 and $100.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana amassed bigger gains than other coins which have seen their values \u200b\u200bsurge this week. We have discussed some possible reasons. SOL, the eighth largest cryptocurrency by market cap, is up about 10% in 24 hours, from around $96 to $103 today. Compared to other major coins, only Cardano and Dogecoin saw similar gains of [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":21858,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[4267,8313],"class_list":["post-21854","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-sol","tag-solana-price-today"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/solana-shutterstock-gID_1.png.webp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/21854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=21854"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/21854\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/21858"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=21854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=21854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=21854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}