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Tag Archives: solana

Okay Bears NFT Collection: The Complete Guide

Okay, Bears has quickly become amongst the most popular collections of non-fungible tokens based on Solana. At the time of this writing in May 2022, the collection has also become the most actively traded one on OpenSea, surpassing the likes of the Bored Ape Yacht Club, Azuki, CloneX, and others. The following is a deep dive on Okay Bears and everything there is to know about the collection.  What Are Okay Bears NFTs? Okay Bears is a collection of 10,000 non-fungible tokens...

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Solana (SOL) Price Analysis: Bears Aim Move Below $60

Solana price extended decline below the $80 support against the US Dollar. The price is now trading below $80 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $67.50 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $68 and $74 to start a fresh recovery wave in the near term. Solano price is struggling below $80 against the US Dollar, similar to bitcoin. SOL could decline...

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Bitpanda Staking ist hier!

Bitpanda hat nachgezogen und endlich Staking eingeführt. Und dies ist zimelich interessant, da Bitpanda eine der grössten Bitcoin-Börsen ist, europäische Lizenzen hat und zudem ziemlich hohes Vertrauen in der Bitcoin Community und bei den Kunden geniesst. Und wer auch in Zeiten von fallenden Kursen etwas Geld veridenen will sollte diesen Beitrag lesen. Bitpanda schreibt: Wir haben grossartige Neuigkeiten für dich: Bitpanda Staking ist ab sofort verfügbar! Nutze unser neues Feature und hol dir...

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Otherside’s NFT Drop Temporarily Turned Ethereum Into a Deflationary Asset: DappRadar Reports

After becoming the hottest trend in fintech and crypto over the past few months, the NFT space transitioned to a cooldown phase. But this trend appears to be changing as well as the latest edition of the Dapp Industry Report by Dapp Radar suggested that the market is coming back to life. Moonbirds, Otherdeed NFT Collections, Smash Records According to the report shared with CryptoPotato, it was the launch of two of the most anticipated collections ever has revived the sector...

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Solana (SOL) Price Analysis: Bears In Control Below $92

Solana price extended decline below the $92 support against the US Dollar. The price is now trading below $90 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $90.00 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $90 and $92 to start a fresh recovery wave in the near term. Solano price is struggling below $92 against the US Dollar, similar to bitcoin. SOL could decline...

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3 Ways to Mitigate Future Network Outages, Solana’s Team Reports

NFT buying frenzy has disrupted not only Ethereum. Solana witnessed the clogging of millions of NFT transactions on its network due to bot activity targeted at such mints. Block production resumed on Sunday, and the operators managed to restart the main network successfully. Mitigation Steps In a new blog post, Solana devs outlined three mitigation steps to tackle such congestion issues. QUIC Adoption: Solana core protocols are being reimplemented atop Google-built protocol...

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Millions of NFT Transactions Clogged Solana, Causing Another Network Outage

Over 4 Million transactions from Solan’s NFT minting bots have brought the network down for seven hours this past weekend. It marked the seventh time the network was down this year due to security issues. The Seventh Outage of the Year An unprecedented number of 4 million NFT transactions sent out by bots through Candy Machine, a Solana-based project, collapsed the Solana network again, making validators unable to get transactions through. The network was down for 7 hours –...

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Bitcoin Will Lose Users if it Doesn’t Adopt Proof-of-Stake, Says Solana Co-Founder

The Proof-of-Work (PoW) consensus mechanism, which relies on crypto mining to validate transactions, is a pioneering concept that, in fact, pre-existed Bitcoin. But it is often criticized due to its environmental impact. Many proponents of clean energy consider high energy consumption to be an “Achilles Heel” for Bitcoin. The latest to weigh in on the matter was Solana’s co-founder, who gave his two cents on why BTC should make the transition. Anatoly Yakovenko, the...

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Solana (SOL) Price Analysis: Risk of Break Below $95

Solana price extended decline below the $100 support against the US Dollar. The price is now trading below $100 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $98.20 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $100 and $102 to start a fresh increase in the near term. Solano price is struggling below $100 against the US Dollar, similar to bitcoin. SOL could decline...

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Solana (SOL) Price Analysis: More Gains Possible Above $110

Solana price extended decline below the $100 support against the US Dollar. The price is now back above $100 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $102 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $110 to continue higher in the near term. Solana price is recovering above $100 against the US Dollar, similar to bitcoin. SOL could gain pace if there is a...

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