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Search Results for: sol

FTX Estate Reportedly Sells $1.9B Worth of Solana (SOL) to Settle Debts

In an effort to settle the debts incurred by the defunct cryptocurrency exchange, the FTX estate sold Solana (SOL) tokens valued at around $1.9 billion. According to Bloomberg, which cites sources familiar with the case, FTX’s estate sold off almost two-thirds of the SOL lot. There were as many as

April 6, 2024 1 min read

Solana Struggles with Surge in Failed Transactions Amid Memecoin Frenzy

According to data from Dune Analytics, Solana (SOL), one of the leading cryptocurrencies known for its high throughput, is facing a significant challenge as nearly three-quarters of its transactions have been failing since March 2024. On April 5 alone, over 77% of non-vote transactions on the Solana network failed, marking

April 5, 2024 2 mins read

Zeus Network Raises $8M to Further Boost Solana Blockchain

With more than $8 million in financing from prominent venture capital companies and angel investors, Zeus Network has shown that its goal of improving the Solana blockchain platform is backed up. Notable companies including UTXO Management, Anagram, Animoca Venture, Portal Venture, Big Brain Venture, Comma3, Axia8, Lemniscap, Spartan, IVC, AppWorks,

April 4, 2024 1 min read