Solana (SOL) has demonstrated remarkable resilience in the face of recent market turbulence, staging a significant recovery following a sharp bearish pullback. The fifth-largest cryptocurrency by market capitalization has outpaced Ethereum’s performance by approximately 8.5% over the past month, adding an impressive 16% to its valuation. This surge in value
October historically brings excitement in crypto, often with upward price movements. So, what crypto might be worth investing in now? Three contenders come to mind. Solana, despite notable progress, faces concerns about centralization, highlighted by recent whistleblower comments. Meanwhile, Uniswap’s new wallet extension streamlines DeFi, enabling easier asset management across
After a court ruling in favor of Ripple in 2023, the US Securities and Exchange Commission (SEC) recently decided to appeal the case. In the hours that followed, XRP’s price plummeted, even though there was hope for a possible US-based XRP ETF. The SEC’s war against Ripple and the crypto
Since the introduction of Frankendancer, a new validator client, to the mainnet-beta, Solana’s transaction throughput has skyrocketed to 40,000 TPS. Some have drawn parallels between this development and Cardano, a network that can only handle 1.3 TPS at the moment. In a post on X, crypto expert Marty Party brought
The cryptocurrency space has been quite lively as Rexas Finance (RXS) is garnering the attention of experts as a revolutionary real-world asset (RWA) market. Solana (SOL) and Ripple (XRP) are usual suspects that have dramatic price movements, whereas Rexas Finance approaches the combination of the blockchain and physical assets in
Once again, Charles Hoskinson, founder of Cardano, has criticized the Solana network and lauded the Sui network. Despite Hoskinson’s effusive appreciation for Sui, he insisted that Cardano is still the number one and provided reasons for his belief. A top layer-1 blockchain, Solana, isn’t the best choice. Cardano’s founder said
Renowned whales are starting to disclose their next large wagers for the anticipated bull run as the cryptocurrency market continues to rise from its recent lows. One such Whale said to be valued at over $70 million, has revealed his top three Solana substitutes (SOL). Although Solana’s high-performance blockchain has
The expected impetus of ‘Uptober’ has not yet materialized, despite investors’ clinging expectations for a positive surge going into 2025. After a short upswing in September, investors’ hopes were dashed as Bitcoin’s value plummeted to $60,000, causing altcoins to follow suit and leading to widespread market losses. Cryptocurrency prices have
Solana (SOL) has not escaped the broader crypto market’s bearish start to the highly anticipated “Uptober,” hitting a 12-day low of $142 with a 7% decline over the past 24 hours. This sharp drop in price aligns with the wider cryptocurrency market, which saw Bitcoin plunge to a two-week low
Six Solana-based protocols now have more than $1 billion in TVL, which is a first since Solana started. For the layer-1 blockchain network, DefiLlama data shows that five protocols—Jito, Kamino, Jupiter, Raydium, Marinade, and Sanctum—exceeded $1 billion. As retail adoption increased, crypto community users praised SOL chain features like Blinks
