Tag Archives: solana

The Solana network has been grappling with a significant surge in transaction failures, with approximately three-quarters of all transactions experiencing issues amidst the frenzy of activity sparked by the recent meme coin craze. Market players believe that the current crisis is an “existential moment as big as the FTX collapse.” Solana’s Failed Transaction Climbs 75% According to the latest data from Dune Analytics on April 4, over 75% of “non-vote” Solana transactions...

Digital asset investment products experienced a positive shift in sentiment during the last week of March, with inflows reaching $862 million, nearly recovering from the previous week’s record outflows of $931 million. Despite this encouraging rebound, CoinShares revealed that ETF activity appears to be slowing down. In fact, the latest data shows that the daily trading turnover now stands at $5.4 billion, representing a 36% decline from its peak three weeks ago. However,...

Solana price started a downside correction from the $205 zone against the US Dollar. The price is now trading below $190 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $190 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $172 and $162 support levels to start another increase. Solana price is correcting gains from $205 against the US Dollar, like Bitcoin....

The hype for Solana meme coins is not cooling down soon after dogwifhat (WIF) hit a milestone on Friday. Meanwhile, another animal-themed token is exploding in price. A new contender in the meme coin sector is catching traders’ attention —”cats in a dogs world” (MEW). Per data from CoinGecko, MEW rallied over 120% on Friday, reaching $513 million in market capitalization in just 48 hours of trading. The weekend saw even more gains, as MEW went as high as $0.008, and its...

TL;DR WIF hits a new ATH, while other meme coins such as DOGE and SHIB are also well in the green. Despite the impressive gains, investors are cautioned to be careful when dealing with assets of that type due to their infamous volatility. The trending Solana-based meme coin – dogwifhat (WIF) – seems to have no limitations, charting a new all-time high price of $4 (per CoinGecko’s data). Its market capitalization touched a whooping level of $4 billion. WIF Price, Source:...

[unable to retrieve full-text content]CoinspeakerTencent Cloud Blockchain RPC Supports Sui, Now Covering Over 20 Blockchain Networks This partnership will facilitate the growth and adoption of the Sui ecosystem by providing developers with the necessary tools and resources. Tencent Cloud Blockchain RPC Supports Sui, Now Covering Over 20 Blockchain Networks

Solana price started a fresh increase from the $162.00 zone against the US Dollar. The price is now trading above $180 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $175 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $195 and $198 to continue higher in the near term. Solana price is trading above $180 against the US Dollar, like Bitcoin. SOL could start a...

[unable to retrieve full-text content]CoinspeakerDogecoin Foundation Unveils GigaWallet v1.0 to Enable Mass Adoption of DOGE via Payments The Dogecoin GigaWallet v1.0 is a backend service meant to provide convenient integration API for online businesses and should not be confused with a normal user-based wallet like MetaMask or Trust Wallet. Dogecoin Foundation Unveils GigaWallet v1.0 to Enable Mass Adoption of DOGE via Payments

Investment products in digital assets witnessed a significant weekly outflow of $942 million, breaking the continuous seven-week streak of inflows reaching $12.3 billion. According to the CoinShares, this shift can be attributed to investor hesitation. Hesitant Investors Cause US ETF Inflows Dip The latest edition of Digital Asset Fund Flows Weekly Report revealed that the trading volumes in Exchange-Traded Products (ETPs) remained high and reached $28 billion for the week....

[unable to retrieve full-text content]CoinspeakerEthereum-rival Fantom (FTM) Outshines Meme Coins amid Upcoming Mainnet Upgrade The Fantom (FTM) network has attracted more investors and developers as a layer one blockchain due to its upcoming Sonic upgrade. Ethereum-rival Fantom (FTM) Outshines Meme Coins amid Upcoming Mainnet Upgrade