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...
Recently, a former Goldman Sachs executive explained why this could be a great time to buy $SOL, the native token of the Solana blockchain, despite all the doom and gloom surrounding the Solana ecosystem in the wake of the collapse of FTX. Here is how Coinbase described Solana in a blog...
Data from the Solana ($SOL) blockchain has revealed that a large whale is facing a potential liquidation of around $52 million worth of the cryptocurrency as its price tumbles over the collapse of the popular cryptocurrency trading platform FTX. According to popular crypto journalist Colin Wu, a...
Recently, former Goldman Sachs executive Raoul Pal has revealed that he sees the price of Solana ($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...
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 ($SOL). First, “Google Cloud is running a block-producing Solana validator to participate in and validate the network.” Second, “Google Cloud is working with Solana...
Solana is a high-performance blockchain offering fast and low-cost transactions. It’s a layer-1 platform that supports smart contracts so developers can create their decentralized applications (DApps) on Solana. One question arises from the crypto community —Does Solana have a capped supply of SOL, the blockchain’s native token? Does...
The host of the popular InvestAnswers YouTube channel has revealed that he believes Ethereum ($ETH) rival Solana ($SOL) could bring over 1 billion users to the cryptocurrency space over its low transaction fees and large throughput. In a video shared with the channel’s over 400,000 subscribers, James...
In a recent interview, Solana Labs Co-Founder Anatoly Yakovenko talked about how Solana managed — over the past 18 months — to “catapult” itself to the position of one of Ethereum’s major L1 blockchain rivals. His comments were made during a conversation on September 21 with Ryan Selkis,...
Two of the leading companies in the crypto space — CryptoCompare and Blockdaemon — announced on Wednesday (September 28) that they have joined forces to deliver a groundbreaking family of institutional-grade staking yield indices for five of the most popular proof-of-stake (PoS) assets, thereby enabling institutions...
The total number of transactions conducted on the Solana ($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...
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