A record number of unique addresses were formed on the Solana network in January, indicating an increase in new users, according to The Block’s statistics dashboard. As per reports, around 11.81 million new Solana addresses were established over the month. Comparatively, the network logged 10 million new addresses in December,
A Distributed Denial of Service (DDoS) assault has been reported on Solana’s Phantom wallet. The protocol has detected many attempts to overwhelm its systems, according to the team behind Phantom. PSA: We're currently experiencing a DDOS attack. There are attempts to overload our systems and some services may be temporarily
Jupiter, a Solana-based decentralized exchange (DEX), recently experienced a whirlwind of developments that stirred excitement within the crypto community. However, as the dust settles, the project finds itself navigating a challenging phase, with the JUP token witnessing a significant price drop. First and foremost, Jupiter executed one of the largest
Astute investors are constantly searching for the next big opportunity in the ever-changing world of cryptocurrency. Retik Finance is one coin that analysts and whales have been interested in lately. Retik is gaining traction in the market as a Solana substitute, with projections of an incredible 100x increase in value
After briefly trailing behind Ethereum (ETH) and Tron (TRX), Solana (SOL) surpassed them in January to become the top blockchain for stablecoin transactions. Artemis data investigation shows that stablecoin transactions on the Solana blockchain reached a whopping $497 billion in January. In the last two months, there has been a
Prominent crypto analyst Rekt Capital issued an upbeat short-term forecast for Solana’s SOL token this week, calling for a “significant surge” toward the $115 level. The prediction comes as Solana prices regain positive momentum after reclaiming former range lows. According to Rekt Capital, Solana continues tracking a predetermined price path
In the dynamic world of cryptocurrency, the emergence of new players often reshuffles the deck of market leaders. Entering January 2024, a new altcoin, Retik Finance (RETIK), priced at just $0.09, has remarkably overtaken established players like Solana and Polygon in terms of gains, capturing the attention and favour of
The Solana price notched an overdue bullish breakthrough this week, cracking a lengthy descending channel that contained its 2023 correction. The technical event is bolstering hopes that SOL’s painful crypto winter may be approaching its end. SOL surged as much as 18% from the low-$80s zone after busting out of
Jupiter, the Solana-based decentralized exchange (DEX), showcased a significant 24-hour trading volume of nearly $520 million, surpassing Uniswap v3’s Ethereum market, which recorded $436 million. This surge was propelled by the excitement surrounding a new memecoin WEN airdrop and increased stablecoin swaps. Solana (SOL), the standout altcoin of 2023, continues
In the ever-evolving world of cryptocurrencies, two remarkable tokens are emerging as frontrunners poised to lead the market in 2024. Solana (SOL), already riding a wave of momentum, and Pandoshi (PAMBO), an ambitious newcomer, are capturing the attention of the crypto community with their unique attributes and promising potential. Let’s
