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Search Results for: sol

Solana Booms in NFTs And DeFi; Captures As Eighth-Largest Crypto By Market Cap

Solana has captured its position in the top 10 cryptocurrencies by market capitalization. Now, SOL holds the eighth position following its boom in non-fungible tokens (NFT) and decentralized finance (DeFi). At the time of writing, SOL trades for $99, and its total market capitalization is $28.30 billion. Solana has outperformed

August 30, 2021 2 mins read

DeFi Value Rises to Record Levels- Due to Ethereum, Binance Smart Chain, and Solana

While NFTs have gained the most attention via the high volume and spectacular sales of Art Blocks and Bored Apes this week. Decentralized finance protocols have discreetly attracted bigger capital stores. According to statistics from DeFi Llama. The “total locked value” (TVL) of the DeFi protocols across blockchains has reached

August 27, 2021 2 mins read

Consolidation of Ethereum Price Below 8 Month Trend, Is $4000 Insight?

Ethereum, which has led the crypto market for the last month, still shows conviction as it retreats to prior peaks. The second market cap cryptocurrency has slowed down in the past day but still looks optimistic with more short-term increases. This fractal indicates that the cryptocurrency will go upwards for

August 23, 2021 2 mins read

Solidproof Sets to Boost Confidence in Defi Ahead of Automatic Auditing Tool Launch

Introduced in 2021, Soldiproof is a crypto platform launched for the primary purpose of securing the Decentralized finance space. It comes when the security cases in Defi have been surging, with investors and Defi projects losing millions.  The most recent instance of a Defi project’s security issue is the Poly

August 18, 2021 3 mins read

Top 6 Solana Altcoins That Can SkyRocket in 2021

In the cryptocurrency market, Solana’s SOL token has soared 41 percent to a new all-time high price of $64.48. A communication bridge between Solana and other top decentralized finance networks, known as Wormhole, has helped Solana’s price rise by more than 65 percent in the past seven days. This week,

August 18, 2021 4 mins read

Ethereum Pet Rock NFTs are being sold for more than $100,000

EtherRock is a series of 100 NFT rock pictures minted on the Ethereum blockchain. They all have the same design, except for color variations, and they are inspired by the famous Pet Rock toy trend that blew up at the end of 1975. But they are not fresh nor intended

August 11, 2021 2 mins read

Olympic NFTs Featuring Mirabai Chanu Being Sold By WazirX Marketplace

The WazirX NFT Marketplace is now offering a number of NFTs honoring Indian athletes competing in the 2020 Summer Olympics in Tokyo. Mirabai Chanu, an Indian weightlifter who won a silver medal, has been a favourite inspiration. Chanu is the sixth Indian woman to win a medal in the last

July 30, 2021 2 mins read

Solana-Based Saber Raises $7.7m To Expand Team and Tokens

Saber has received $7.7 million in a seeding fund round and is valued at $185.77 million. Thus, making it the second most valuable platform on Solana.  Last month, the platform went live, allowing for the cross-chain trading of stablecoins and wrapped resources. Saber Labs, the company that developed Saber, announced

July 30, 2021 2 mins read

Huobi Exchange Dissolves Its Beijing Firm Upon Regulations

Among the crypto-regulated countries around the world, the one which all crypto exchanges fear in particular is China. The Chinese crypto regulatory bodies and their reforms are the most effectual of all. Amidst all this, few well-established crypto exchanges like the Huobi Exchange which are quite prominent in the country

July 28, 2021 2 mins read

Kirobo of Crypto Solutions Provider Announces $1 Billion Processed Via Its Undo Button

Digital currency solutions provider Kirobo has reported a noteworthy achievement of $1 billion worth of cryptographic money prepared through its Undo Button system. We’ve all heard or encountered a shocking crypto tale. Regardless of whether it’s entering some unacceptable beneficiary location, losing private keys, or the appalling circumstance of not

July 15, 2021 2 mins read