Vitalik Buterin, co-founder of Ethereum, thinks that with the help of AI and prediction market technologies, the social media platform X can speed up the generation of Community Notes. Users may provide more context to postings that might be misleading by using the Community Notes, which is an X feature.
The crypto market has witnessed bullish turns, with the market cap recording a 2.90% spike. Nonetheless, volatility has persisted over the past week. Solana (SOL), the fifth-largest cryptocurrency, has faced significant challenges throughout August, with its price dropping to $110—its lowest level in the past five months. SOL’s has briefly
Solana (SOL) finds itself at a critical juncture as it grapples with formidable resistance at the $160 level, having made two unsuccessful attempts to breach this threshold in August alone. While these setbacks have dampened short-term sentiment, the potential for recovery remains, contingent on a shift in investor outlook. However,
Solana’s meme coin market has taken a sharp decline, with a 21.7% drop over the past week. The downturn comes as the popular token launchpad, Pump.fun, witnessed a drastic drop in user activity and new token creation. Recently, Pump.fun has created 5,388 new tokens on Solana, as per Dune Analytics.
Solana’s [SOL] NFT market demonstrated notable resilience in August, emerging as the second-highest blockchain by NFT sales volume, only trailing behind Ethereum [ETH]. According to data from Coin98 Analytics, Ethereum recorded $131 million in NFT sales, while Solana followed closely with $79 million. Bitcoin [BTC] also made it to the
As Solana (SOL) memecoins experience a significant downturn, traders are witnessing substantial losses in value and are increasingly seeking refuge in more stable and promising investments. One hidden gem capturing their attention is RCO Finance (RCOF), a DeFi token that offers a unique blend of security and high returns. With
Recent on-chain data has shown a concerning pattern involving a whale investment in Solana (SOL). Some have speculated that the anonymous investor may have been involved in a dump. After being caught unstaking and withdrawing a significant amount of SOL. In a post on X, the on-chain data analytics tool
Solana (SOL) finds itself navigating turbulent waters as its value has plummeted by 25% over the past month, recently breaching critical technical support levels. This decline not only reflects SOL’s ongoing struggle to overcome resistance but also signals a potential erosion of positive market sentiment, potentially paving the way for
Solana’s recent resurgence was short-lived as the cryptocurrency succumbed to bearish pressure, dropping to a two-week low of $137 today. Over the past 24 hours, SOL has declined by nearly 4%, with trading volume plummeting by 19%. The token has also experienced a 24% decrease over the past month. Despite
While the Bitcoin miners are facing difficulties in maintaining profitability following the April 19 halving, a solo miner has successfully processed Bitcoin block 858,978 and netted nearly $200,000. The block, processed at 4:21 PM UTC on August 29, included 2,391 transactions and yielded a reward of 3.27 BTC, valued at
