After losing gains following a prolonged bull run, Solana (SOL), currently seems susceptible to additional falls. Perhaps influenced by the prior overall market momentum and the fear of missing out (FOMO) impact, the price of SOL skyrocketed to about $0.68 in mid-November, a level last seen in the spring of
The Cardano Foundation is mobilizing over 11 million ADA to support an upcoming vote central to decentralizing the blockchain’s decision-making. The nonprofit pledged its backing for the so-called “Catalytic Governance” changes while urging community participation. In a seven-part Twitter thread, the Foundation announced it will vote “Yes” in the imminent
Ripple chief technology officer David Schwartz sparked intrigue this week with a tweet declaring his love for the Ripple team. The post mimicked language used by ousted OpenAI CEO Sam Altman amid leadership turmoil at the artificial intelligence startup. Following Altman’s controversial removal, he tweeted, “I love the OpenAI team
Solana’s SOL witnessed a price surge to about $68, the highest level since May 2022, despite market volatility. However, it faced severe resistance at this level. Moreover, Santiment reports that investor optimism for SOL has reached great heights since the price increase. Some experts, like Twitter user Ali, have cautioned
The XRP Ledger, the blockchain behind the XRP cryptocurrency, has reached a new milestone by closing its 84 millionth ledger transaction. According to data from analytics platform XRPScan, the XRP Ledger’s current ledger count stands at over 84 million. This comes just six weeks after the ledger closed its 83
Ripple’s Lead Product Manager Jasmine Cooper believes that the upcoming launch of the Automated Market Maker (AMM) on the XRP Ledger (XRPL) would significantly increase adoption and demand for XRP. Eri, a well-known member of the XRP community, recently posted an interview in which Cooper discussed the possible influence of
Cardano’s (ADA) recent drop in value reflects the overall crypto market’s decline and puts investors’ fortitude to the test. Profit-taking by investors reassessing their holdings in light of the market’s downturn is likely contributing to the current selling pressure. The Cardano Ballot, announced by Cardano co-founder Charles Hoskinson, will be
Ripple’s Chief Legal Officer Stuart Alderoty responds sharply to comments made by U.S SEC Chairman Gary Gensler. The SEC chair, in a recent address, echoed the first Chair of the SEC, Joseph P. Kennedy, who emphasized the agency’s role as both a partner to honest businesses and a prosecutor of
The price of Cardano (ADA) surged 3.3% on November 16th, joining a broader altcoin rally as the cryptocurrency aims to recapture lost ground. ADA currently trades around $0.3883, up from $0.3624 just 24 hours ago, according to CoinMarketCap. After a rocky few weeks impacted by FTX contagion, ADA has now
The firm behind Solana (SOL), Solana Labs, have refuted CertiK’s assertion that the Saga smartphone has a security flaw. Earlier, CertiK claimed that the crypto-enabled smartphone Saga had a security flaw, however this was disputed by Solana Labs. On November 15th, security firm CertiK tweeted that a significant security flaw
