The cryptocurrency market is currently witnessing a bullish surge. Besides major players like Bitcoin, alternate cryptocurrencies (ALT Coins) are significantly gaining traction. Uniquely, Solana (SOL), Litecoin (LTC), Ethereum (ETH), Bitcoin Cash (BCH), and Ethereum Classic (ETC) are making waves. Litecoin and Solana Shine Amidst Market Surge According to Tradingview analysis,
Almost a year post collecting $4.4M to enhance the usefulness of non-fungible tokens (NFTs), Solana’s Cardinal protocol is shutting its door owing to economic constraints. Withdrawals must be completed by August 26th, according to a Twitter notification. By providing protocols and SDKs for staking, renting, subscribing, royalties, and trading, Cardinal
Solana (SOL) the so-called “Ethereum Killer” price, climbed more than 18% in the last 24 hours to reclaim its $19 range. At the time of writing, Solana price had surged over 13% in a week and 28% in the last 14 days to trade at $18.97. The SOL price rally
Ryón Nixon, a founding partner of leading blockchain law firm Horizons Law and Consulting, has tweeted that the SEC’s characterization of SOL as being “labeled as a security is inaccurate.” Nixon, who served as Solana’s genesis general counsel (but who no longer currently represents Solana Labs/Foundation). He issued the tweet
Binance and Coinbase, the leading cryptocurrency exchanges, are facing increased regulatory pressure as the US Securities and Exchange Commission (SEC) cracks down on them. Just recently, the SEC filed a lawsuit against these global cryptocurrency giants. SEC’s filings against Binance and Coinbase shake emerging ecosystem tokens SOL and MATIC. Market
What is Neon EVM? Neon EVM is a low-friction solution that enables Ethereum dApps to settle transactions on Solana, eliminating the gap between these two leading blockchains. Neon EVM positions Ethereum developers to enjoy the best of Solana’s network, from low fees to high transaction speeds, and parallel transaction execution
Trading patterns provide valuable insights into the behavior of financial markets, helping traders identify potential opportunities for profit. One such pattern that has emerged on the daily time frame for the Solana cryptocurrency pair is the ascending channel. This pattern is characterized by a rising support line and a parallel
The global cryptocurrency market surges as top coins reach new rallies with significant price changes. In a remarkable turn of events, the market leader Bitcoin (BTC) has experienced a surge of more than 7.5% in the last 24 hours, bringing its price to around the $29,000 range. This indicates a
Solana’s journey presents a striking contrast in an era where decentralization dominates. Besides its initial success in Decentralized Finance (DeFi), Solana’s total value locked (TVL) saw a depreciation since the dawn of 2022. While @Solana's TVL has depreciated since the beginning of 2022, it's important to note that TVL is
After being silent for some time, the Solana Foundation has commented on the SEC’s recent decision to classify Solana (SOL) and other cryptocurrencies as securities. The company expressed its disagreement with the market regulator in a recent post it tweeted. The Solana Foundation issued a statement saying it appreciates lawmakers’
