The bulk of the commerce is centered on y00ts NFT collection. There are almost 15,000 individual profile pictures in the y00ts archive. The original introduction of the popular profile picture (PFP) project, y00ts, in September contributed to a surge in NFT sales on the Solana blockchain that dropped by half
Texture, a DeFi yield platform, is now live in private beta testing after raising $5 million in a round-headed by P2P Capital and Sino Global. Wintermute, Semantic Ventures, and Jane Street Capital also participated in this round of funding. The stablecoin USDC was used to raise the money, and the valuation was not made public.
Saga includes the SMS, a web3 layer for Solana built on the phone. Web3 phone would provide digital ownership rights to users and firms rather than charging the 30% tax. Solana declared in June that it was launching a web3 phone, called the “Saga.” following that, in a recent TechCrunch
The funds will be used to create tools that would assist developers to create Web3 apps. Overall Helius aims to simplify and abstract away complexity in app development. Helius, a Solana infrastructure business, said today that it has secured $3.1 million in a seed round. It was headed by Reciprocal
NFT sales rate was over $12 million with more than 35K buyers, in the last 24 hrs. Four belong to the Ethereum platform and one is based on the Solana network. The top 5 NFT collections ranked on the CryptoSlam based on the sales volume are as follows Sorare, CryptoPunks,
Solana NFT market fluctuations seem to have cornered Magic Eden at this juncture. Coral Cube would also provide dealers with option of selling NFTs without paying royalties. Solana NFTs have reignited the discussion about creator royalties. And markets that don’t pay them are finding willing traders and expanding their market
Three of the five outages have happened this year alone Due to flaws in Solana’s programming or an artificial influx of visitors from bots. Anatoly Yakovenko, a co-founder of Solana, is aware of the frustration his customers experience when the service is down. The network problem may, however, soon have
About $133 million worth of Solana NFTs were traded as per DappRadar last month. September saw an 82% drop in trading volume in the NFT market. Total NFT sales volume was relatively unchanged in September following the continued bear market in cryptocurrencies. While NFT trading volume may be flat, the
Even though the Solana blockchain had significant downtime, it seems to be completely functional once again. The whole network crashed because of a single misconfigured node. But over the year, Solana has put up with a number of shutdowns. When contacted, Solana said that the transactions could not be processed
Tether (USDT) has a trading volume of 34 billion, which increased by 70.62%. Ripple price increased by more than 30% in the last 7 days. After facing a long bear trend, the month of September started with greens on the crypto market. As it, the price and trending volume of
