As Solana (SOL) surged through many price points in December, the on-chain transaction volume soared along. SOL’s price continued to rise until early January, after which it succumbed to bear dominance and has been facing severe selling pressure. However, the volume of blockchain transactions has been steadily rising, with a
In a recent post on twitter, Solana co-founder Anatoly Yakovenko stated that the blockchain takes a strong position on Layer 1 scalability. Anatoly Yakovenko elucidates Solana’s resolve to synchronize a worldwide atomic state machine with the speed allowed by laws of physics in a globe abundant with Layer 2 solutions.
As the crypto industry welcomed 2024 with optimism, Binance, one of the leading cryptocurrency exchanges, brought forth significant updates for traders and holders of XRP and Solana (SOL). However, an unexpected twist in the form of market volatility prompted Binance to postpone the launch of USDC-margined perpetual contracts initially scheduled
A prominent Ethereum network block explorer, API, and analytics platform, Etherscan, has announced a strategic acquisition of Solscan, the well-known Solana block explorer. According to the announcement, Bscscan, an explorer for the BNB Smart Chain, and the Solscan ecosystem are now officially a part of Etherscan’s portfolio. The acquisition by
There have been several recent discussions on twitter that have highlighted certain weaknesses in the Solana ecosystem. In the middle of all this, sharing insights and interacting with platform users is Anatoly Yakovenko, co-founder of Solana Labs. In a time when the cryptocurrency sector is worried about lost funds and
XRP is presently navigating a major tussle between optimistic and pessimistic sentiments as it attempts to finish the year on a positive note. It is currently exchanging hands at $0.6309, reflecting a 1.08% decline over the last 24 hours. In spite of this temporary setback, some XRP enthusiasts are clinging
The Solana (SOL) community is poised at the crossroads of achievement and expectancy as the whispers of 2023 dissipate. A new rivalry between Solana and Ethereum has emerged in response to market events, and it has been the talk of crypto forums lately. Investors and traders in the crypto market
Solana has seen significant growth in decentralized exchange (DEX) daily and weekly trading volumes compared to other major blockchain platforms like Ethereum. Recent data shows Solana exceeding $1.447 billion in daily DEX volume and over $10.786 billion in weekly volume. Solana’s weekly DEX volume now exceeds Ethereum’s reported $9.604 billion
The XRP Ledger experienced a massive spike in on-chain activity over the past day, with the number of daily transactions rocketing 350% to reach approximately 4.11 million. This staggering level smashes the ledger’s previous record high, set in November 2021. Behind the influx lies a controversial new NFT minting project
According to Santiment statistics, Cardano (ADA) had the most development activity in December, establishing itself as the market leader. An essential indicator of a crypto project’s dedication to building a functional product and its probability of releasing new features is its development activities. Santiment reports that 540 development activities occurred
