Smaller, less liquid tokens such as Solana and Cardano led a decline in cryptocurrencies after market participants sought safety following Israeli airstrikes on Iranian nuclear facilities. Bitcoin, which represents over 60% of the digital asset world’s market value, hovered near…
Pump.Fun Raises $1 Billion Token Sale in Solana Ecosystem
The decision by Pump.Fun to pursue a $1 billion token sale has prompted industry observers to evaluate its effects on the memecoin landscape. As the leading platform for rapid creation and distribution of joke-based tokens on Solana, Pump.Fun’s funding round…
Why Does Raoul Pal Prefer Sui Over Solana?
Former Goldman Sachs strategist Raoul Pal has never hidden his enthusiasm for high-performance blockchains. This week he singled out Sui (SUI) as the up-and-coming rival to Solana (SOL). Prices tell part of the story: while SUI climbed 21 % in…
Trump Presidency Drives $800B to Crypto. Is ADA Rising?
The cryptocurrency market has witnessed a dramatic shift in sentiment, coinciding with significant political changes in the United States. As Donald Trump prepares for his presidency, the ripple effects on digital asset markets have been unprecedented. With Bitcoin soaring to…
Robinhood Adds Solana, XRP, Cardano and Pepe : Hits ATH
Retail brokerage Robinhood Markets Inc. is expanding its offerings in the cryptocurrency space, allowing US users to trade popular digital assets including Solana, Cardano, XRP, and Pepe. This new addition to Robinhood’s cryptocurrency lineup comes as investor optimism grows, spurred…
Will the SEC classify Solana and Polygon as securities?
The U.S. Securities and Exchange Commission (SEC) continues its regulatory oversight of the cryptocurrency industry, a sector under intense scrutiny. In one of its recent actions, the SEC has filed a legal complaint against Cumberland DRW, a prominent Chicago-based crypto…
Franklin Templeton and Citibank adopt Solana for financial services
Franklin Templeton, a global asset manager, has made significant strides in the world of decentralized finance (DeFi) by embracing blockchain technology. Recent announcements point to the company’s decision to launch a mutual fund natively on the Solana blockchain. Additionally, Citibank,…
Solana Energy Consumption and Carbon Footprint Update September 2024
Solana has quickly emerged as one of the most energy-efficient blockchain platforms in the cryptocurrency space, thanks to its innovative design and commitment to sustainability. With its proof-of-stake consensus model, combined with pioneering mechanisms like proof-of-history, Solana is able to…
Bearish Session Hit the Crypto Market as Valuation Falls to $1.93 Trillion
Data from many sources shows that the crypto market is suffering from heavy bearish sessions with the total valuation declining to less than $1.93 trillion. On the other hand, the fear and greed index was reduced to 34, indicating fear.…
Comparing Bitcoin, Ethereum, Solana, and XRP All-time High
Bitcoin, Ethereum, Solana, and XRP have seen their prices experience massive volatility over the past years. However, some of them, like Ethereum, are seeing extreme underperformance from the all-time high. In this article, we will explore the all-time high of…