As a technical glitch slowed users’ ability to trade cryptocurrencies, move assets, or do anything on the Solana network’s blockchain early Saturday. Infrastructure providers scrambled to fix the problem. According to Solana’s Discord channel, the blockchain began “forking” at about 00:53 New York time. After that, the RAM of validators
Ethereum scaling network Polygon’s Co-Founder Sandeep Nailwal predicted that Ethereum would be the only standard smart contract protocol that overtakes all other layer-1 competitors such as Solana, Aptos, Cardano, and Avalanche. In a recent interview with Crypto Banter, a YouTube channel, Nailwal said; I don’t think there’s going to be
The world of cryptocurrency is still evolving rapidly. The year 2023 looks to be an interesting one for the crypto industry. The crypto market is beginning to revive in 2023 after a disastrous last year. Here are the top 5 cryptocurrencies to invest in 2023 in the volatile crypto market.
Saga, Solana Mobile has unveiled Minty Fresh, a new NFT minting app built in-house. Solana Labs revealed the development of Saga mobile last year, which will be compatible with all the web3 use cases. And the device’s launch is to occur in the first quarters of this year. 📱Saga unlocks
The two Solana shops will be shut down since they were unable to attract as many customers as expected. The company announced the closures through Twitter on February 21 and included a message from founder Vibhu Norby. Norby had launched Solana Spaces in the first half of 2022. He said
To increase scalability and dependability, Helium Network, a communications protocol, has planned a transfer to the Solana blockchain and the implementation of oracles on March 27. The blog article from February 17 states that the switch will occur on March 27. And take place over the course of 24 hours,
The Solana mobile Saga was unveiled last year, but the crypto world has been patiently waiting to try it out. Earlier in 2023, Solana Mobile, a subsidiary of Solana Labs, stated that the Saga mobile, powered by Web3 features, will be made available. The Saga may be pre-ordered right now.
Everlend, a DeFi borrowing and lending platform based on Solana, has stated that it would be discontinuing operations. Including further development of the platform. Project leaders explained its end in a statement released Wednesday. Citing a shortage of liquidity and the general contraction of the borrowing and lending market as
While the crypto market beholds a significant rally, the top cryptocurrencies outperform the market with bullish momentum. The king Bitcoin (BTC) has surpassed to $24,000 range, and the top altcoin Ethereum (ETH), is near $16,000. As, the global cryptocurrency market cap has surged to $1.05 trillion, which increased by 1.5%
According to a statement released on January 26th, the Solana decentralized finance (DeFi) platform Friktion is closing down its user interface. And encouraging consumers to remove their money from the protocol. Due to the platform’s website switching to a withdrawal-only mode for all Volts, deposits are no longer possible. According
