Sat, April 26

Solana Sees Spike in Daily Active Addresses: How Will It Affect SOL Price?

Solana, the Layer-1 blockchain platform, has experienced a notable resurgence in user activity over the past week, marking a significant turnaround from its recent slump. This revival is characterized by increases in both daily active addresses and new user onboarding, signaling a potential shift in the network’s trajectory and its

October 11, 2024 2 mins read

US SEC Sues Cumberland DRW for Unregistered Crypto Asset Trading

The U.S. Securities and Exchange Commission (SEC) has taken legal action against Chicago-based Cumberland DRW LLC, accusing the firm of operating as an unregistered dealer in cryptocurrency assets. Cumberland allegedly handled over $2 billion worth of crypto assets, which the SEC considers securities, without registering as required by federal securities

October 11, 2024 2 mins read

Hot Tip: Xandeum Is Shifting Gears: How To Earn Maximum $XAND 

Xandeum, the Solana scaling solution that unveiled its tech and tokenomics at Breakpoint 2024, has been catching a lot of attention lately. Its proposal for bringing virtually unlimited storage to Solana dapps has caught the interest of developers and the attention of builders.  They are now transitioning to a new

October 11, 2024 3 mins read

Solana’s Crossroads: Analyzing SOL’s Consolidation and Potential Breakout Scenarios

Solana (SOL) finds itself at a critical juncture as it navigates a tight consolidation range, prompting market analyst Edward to anticipate a sudden movement. The cryptocurrency’s price has been oscillating between $143.33 and $144.70, creating a defined trading range that has caught the attention of traders and investors alike. Edward’s

October 11, 2024 1 min read

Can Solana Recover After a 9% Weekly Decline?

Solana (SOL) experienced a 3.29% drop in the last 24 hours, trading at $143.12 after reaching a six-day high of $153 just yesterday. Despite this price drop, its trading volume surged by 28% within the same period. Over the past week, SOL has fallen by 9%, reflecting the broader market

October 8, 2024 2 mins read

Solana (SOL) Recovers, Outperforming Ethereum in Last 30 Days

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 7, 2024 1 min read

Solana Price Witnesses Brief Recovery Eyeing Potential Comeback

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

October 6, 2024 1 min read