Solana News

Memecoins powerhouse and major L1 blockchain network Solana lost billions in market cap on June 24, as the whole crypto market slid down over 4%.

Solana, Polygon and Litecoin are some altcoins that attracted institutional investors this past week, despite the market seeing more than $584 million pulled from digital asset investment products. Over the past two weeks, the digital asset investment products market has…

Bitcoin price was under heavy selling pressure on Monday, continuing a sell-off that started on June 7th when it peaked at $72,000. BTC tested the $60,000 level, meaning it has now lost more than 15% of its value over the…

The Solana blockchain network has rolled out a new feature called ZK Compression, developed through a collaboration between Light Protocol and Helius Labs. Launched on June 21, the solution aims to slash on-chain storage costs by 99%. ZK Compression uses…

Andrew Tate’s DADDY and Rapper Iggy Azelia’s MOTHER tokens dropped to their record lows as the crypto fear and greed index moved to the neutral level.

Digital asset manager 3iQ has filed to list a Solana ETP on the Toronto Stock Exchange, which would be North America’s first Solana-tied ETP if approved. According to a Jun. 20 press release, a preliminary prospectus for The Solana Fund…

Few platforms have faced as much skepticism as Solana. Critics often portray it as a centralized network plagued by frequent outages. However, such a narrative does not align with the actual data and progress witnessed within the Solana ecosystem. This…

Solana could bleed down to an $80 price point as institutional ETFs and meme coin trading slow. Crypto expert Andrew Kang, co-founder of a crypto-focused venture capital company, suggested in a recent post that market shifts in ETF integration could…

Galaxy Digital, the digital bank founded by Michael Novogratz, is poised to become the largest validator in the Solana network. Galaxy Digital, a global crypto-focused financial services firm founded by Bitcoin bull Michael Novogratz, is set to surpass Coinbase as…

The crypto venture firm Pantera Capital says Ethereum’s losing steam as Solana has become a “major contender for the future of blockchain development.” Pantera Capital, a crypto venture capital firm managing billions in assets, reportedly eyeing a purchase of millions…

Sonic, Solana’s first layer 2 gaming infrastructure protocol, has secured $12 million in a series A round that attracted multiple venture capital investors.

Slerf, a sloth-themed memecoin on Solana, appears set to establish its own decentralized organization to guide its development path. Memecoin creator Slerf, who “accidentally” burned nearly $11 million worth of tokens, has unveiled plans to establish a community board and…

In just two months, the infamous maximal extractible value (MEV) sandwich bot “arsc” accumulated roughly $30 million by exploiting Solana users via MEV attacks. MEV sandwich attacks involve an attacker strategically placing their own transactions around a victim’s transaction, manipulating…

TARS Protocol price bounced back on Friday after the developers launched an ecosystem fund as they seek to grow the network. TAI was seen recently trading at the important resistance level of $0.20, which was higher than the intraday low…

Helio has launched a new Solana Pay plugin to bring cryptocurrency payments to millions of Shopify merchants. The Web3 payments firm announced the update on Thursday, noting that enhanced features now offer broader token support, improved loyalty programs and smooth…

Circle has expanded its Web3 Services, adding support for Solana, the company said in an announcement. Circle’s Web3 Services empower businesses and developers looking to launch on-chain apps. To bring these benefits to Solana, Circle is launching its Programmable Wallets…