The Solana Ecosystem has witnessed staggering interest from the crypto community, evident from its surge in activity. This was instigated by an influx of celebrity-led memecoins. But the altcoin, SOL, failed to pick up the momentum from the frenzy. The token, in the past 24 hours, has shown a brief
Sonic, the first gaming L2 infrastructure to debut on Solana, has secured $12 million in a recent Series A round headed by BITKRAFT, with participation from Galaxy Interactive, Big Brain Holdings, and others. Mirror World Labs is a GameFi infrastructure company that has been in business for over two years,
The celebrity memecoin frenzy has become the talk of the community, as popular personalities stage their artistic disputes into the crypto sector. The famed media personality Andrew Tate launched a memecoin named DADDY on June 11. This is the latest addition to celebrity memecoin shilling on the Solana blockchain. Notably,
Bitcoin and Ethereum have shown brief upsurges in price, fueled by the US CPI data release. Other altcoins have begun to show recovery after the past week’s price dip. Solana (SOL), has shown a daily increase in its price after its recent weekly dip. Notably, the token’s market price increased
Today, the price of io.net (IO) piqued 70%, hitting a new all-time high of $6.45. The Solana based, Binance’s 55th project IO initially displayed a 20% drop post-launch on Binance. However, io.net has now shown a strong rally, climbing to a market cap of over $558 million. At the time
Helios – a new app making waves in the Web3 music streaming space – has recently announced its integration with the Solana network. This integration will bring enterprise-grade security, speed and scalability to Helios users who can already download the app to their Apple and Android devices, and also via
The Solana (SOL) coin price continues to trade under bearish pressure, despite the increased price volatility observed in the broader cryptocurrency market. The altcoin has repeatedly failed to break out of its resistance zone, indicating a weak price action and a lack of bullish momentum. Since the cross-market correction that
Former kickboxer Andrew Tate has placed a $10 million crypto bet on X, demonstrating his penchant for the spectacular once again. Tate issued a challenge to Ansem, a well-known influencer in the “Crypto Twitter” community. Andrew Tate started the tweet by challenging Ansem to a boxing bout and claiming the
Whale accumulation occurs when these significant holders accumulate large quantities of a cryptocurrency. Their actions can signal potential bullish trends, as their investments often lead to increased demand and higher prices. Recently, massive whale accumulation has been observed for Retik Finance (RETIK), a promising rival to Solana (SOL). This trend
In recent weeks, the Solana (SOL) price has continued to consolidate around critical support levels, following Bitcoin’s latest struggle to establish a clear trend above the $70,000 psychological mark. Despite the overall stable market sentiment, Solana has experienced a mood swing in key on-chain metrics, suggesting the possibility of a
