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
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
Raydium has launched Teleport, a groundbreaking feature that enables seamless token transfers from Ethereum-based networks to the Solana blockchain. This new tool leverages the Wormhole network to simplify cross-chain transactions. Consequently, users can transfer tokens effortlessly between these two ecosystems, improving overall efficiency. In an official announcement, Raydium emphasized its
Global bank messaging giant Swift has announced that it is set to conduct trial live transactions of tokenized assets and digital currencies starting next year. This marks a significant step towards integrating these assets into the mainstream financial system. The announcement follows the progress made from earlier experiments into practical
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
With $3.04 million active addresses per day, Solana is at the top of the list. This statistic sheds light on how active the networks’ users are. The network has gained a lot of attention this year, especially during the meme coin craze, which has increased the number of users. New
Few crypto traders manage to turn a few investment opportunities into life-changing opportunities. Notably, one trader who flipped $600k into $1.5 million through riding the wave of Solana and Tron meme coins, is now making headlines for his new investment opportunities Rexas Finance (RXS). The crypto trader’s recent move signals
Solana (SOL) is currently trading at $157.21, reflecting a 0.22% increase in price. Its circulating supply is 468.83 million SOL, with a total supply of 585.38 million SOL. The market cap has decreased by 1.82%, bringing it to $72.89 billion. Trading volume, which dropped by a significant 26.21% to $2.39
